AstronautPioneer OANDA gold trend on March 17, 2026: XAUUSD — TradingView

Price is still moving within the downtrend line (lower highs – lower lows) → the overall trend remains bearish.

Currently, the market is undergoing a technical correction (pullback) after price interacted with support areas.

2. Important resistance areas

5,070 – 5,080: Retest area + connection with trendline → strong resistance, look for sell trades first.

5,110 – 5,120: Area of ​​higher resistance (Target 2) if the trend line is broken.

3. Support areas

5,000 – 4,998: Short-term support (buy/scalp entry area).

4,970 – 4,980: Main support area → area with important buying power.

4. Transaction scenario

Main scenarios (priority):
→ Price returns to 5,070 – 5,080 + hitting the trendline → Look for sell trades as the decline continues.

Alternative:
→ If price breaks the trend line and remains above 5,080
→ Confirmation of short-term reversal → Possible rise to 5,110 – 5,120.

Buy gold (scalp): 5000 – 4998
Stop loss: 4994
Take Profit: 70 – 150 – 300 pips

Sell ​​gold: 5068 – 5070
Stop loss: 5078
Take Profit: 100 – 300 – 700 pips

Buy gold: 4971 – 4969
Stop loss: 4961
Take Profit: 100 – 300 – 700 pips