GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2717 and a gap below at 2696. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2717
EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET
2737
EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2768
EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET
2786
BEARISH TARGETS
2696
EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET
2675
EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2661 - 2647
EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE
SWING RANGE
2632 - 2618
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Commodities
GOLD Will Fall! Sell!
Hello,Traders!
GOLD has hit a horizontal
Resistance level of 2725$
And because Gold was locally
Overbought we are already
Seeing a bearish reaction
And as we are bearish
Biased we will be expecting
A further local move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
BRIEFING Week #3 : Peak Stupidity ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Kindly,
Phil
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.
Previously we stated that the channel top was continuing to provide support like we stated for the past few weeks.
We also stated that, as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range.
- This is continuing to play out perfectly. You can see although we had many breaks into the channel with candle over the last few weeks, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated.
This followed with the perfect bounce inline with our plans to buy dips and now heading towards our 2729 AXIS gap target above.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel.
We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
Previously after ema5 cross and lock above 2629 opening 2686, we continued to buy dips all the way into 2686 completing this gap. We then stated that we now have a candle body close above 2686 opening 2760 but will need ema5 lock to further confirm this, only as a along range/term gap.
- We now have ema5 lock to further confirm this gap
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 and price play between two weighted levels with a gap above at 2726 and a gap below at 2694. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2785
BEARISH TARGETS
2694
EMA5 CROSS AND LOCK BELOW 2694 WILL OPEN THE FOLLOWING BEARISH TARGET
2665
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Price Facing Resistance After Channel Breakhello guys!
Broken Channel:
The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance.
Double Top Formation:
A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the price struggled to maintain upward momentum. This is a bearish signal, implying a potential reversal in the near term.
Middle Line of the Larger Channel:
The price touched the middle line of the larger upward channel before retracing, highlighting the importance of this level as a key resistance zone.
Potential Path:
if the price fails to break above the resistance zone ($2,710–$2,730), it could decline sharply toward the next support levels around $2,580 and $2,540.
Silver could rise above 32 (1500+ pips target)In my previous analysis on OANDA:XAGUSD , I noted that the lack of bearish continuation following the break below the 30 level suggested a high likelihood of a false breakout.
I anticipated that the price would most likely reverse to the upside, and this scenario has played out as expected.
After breaking back above the 30 level and successfully retesting it, XAG/USD is now holding steadily above this important support.
Additionally, the price has broken out of the falling wedge pattern by moving above the descending trendline.
The morning star candlestick formation observed two days ago further reinforces the bullish outlook.
Adding to the positive sentiment, a strong close today could result in a continuation pin bar on the weekly chart, further supporting upward momentum.
In conclusion, the strategy remains to buy on dips, with an ideal entry around 30.30 and a target at the technical resistance above 32.
SPY/QQQ Plan Your Trade For 1-17-25 : Gap Up Higher PatternToday's pattern is a Gap Up Higher in Counter Trend mode.
I believe this pattern would have resulted in a Gap Down Lower price trend related to the counter-trend setup. But it looks like the foreign markets drove the SPY/QQQ higher.
The obvious disruption to the SPY Cycle Patterns recently has come from the post-election concerns and the expectations of a broader credit/debt market crisis (which seems to be subsiding).
I believe we have to get past the Inauguration before we'll be able to see if the markets attempt to establish any defined price trend or continue to trade in a sideways price mode.
Gold and Silver are struggling to muscle higher - which I believe is the likely outcome for metals.
BTCUSD has moved back above $100k - but may struggle above the downward-sloping price channel.
Overall, at this point, I would suggest traders pull profits on any trades they have open as we move into the new Trump Administration and a slew of new EOs and new policies that may disrupt the markets.
We are very likely going to see some new price volatility over the next 30+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis for Gold.
Vertical Structures
Vertical Support 1: Rising Trend Line
Vertical Resistance 1: Rising Trend Line
Horizontal Structures
Support 1: 2689 - 2699 area
Support 2: 2654 - 2662 area
Support 3: 2614 - 2635 area
Support 4: 2595 - 2606 area
Support 5: 2583 - 2585 area
Support 6: 2536 - 2562 area
Consider these structures for pullback/breakout trading.
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Natural Gas Bullish OpportunityWhy the Bullish Sentiment?
🌬 Cold Weather Incoming: Frigid forecasts are set to spike heating demand, boosting natural gas consumption.
🌍 Global LNG Demand: International markets, particularly Europe and Asia, are tightening the supply, fueling upward pressure.
📉 Lower Storage Levels: US inventories are running below the 5-year average, creating a potential supply crunch.
⚠️ Geopolitical Tensions: Supply concerns in Europe continue to drive bullish sentiment, making natural gas an attractive play.
With all these factors aligning, the stage is set for a potential rally! 📈
Entry: 3.40 USD.
Take Profit Levels:
🎯 Take Profit 1: 3.49 USD
🎯 Take Profit 2: 3.61 USD
🏆 Take Profit 3: 3.81 USD
Stop Loss: Set your safety net at 3.25 USD, just below the support level. 🛡
Where do you think Natural Gas will go?
Gold - This Resistance Decides Everything!Gold ( TVC:GOLD ) is retesting massive resistance:
Click chart above to see the detailed analysis👆🏻
All bullruns will eventually end with a consolidation or a correction but on Gold it is clearly not certain whether this bullrun is actually over or not. We are seeing a lot of indecision price action lately but in order to turn bullish, Gold has to break this resistance.
Levels to watch: $2.700, $2.000
Keep your long term vision,
Philip (BasicTrading)
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great finish to the week with our analysis playing out perfectly. Yesterday we shared our update of the 1H chart idea with our targets all complete and today we follow up on our 4H chart idea.
We got our Bullish target at 2694 complete, which followed with ema5 lock above 2694 opening the range above, all the way into 2726. We got a nice push up clearing over 300 pips and just a few pips short of 2726, which can be considered, as done. Smashing finish to the week!!!
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
SILVER Trading Opportunity! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 30.376 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 30.638
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
XAUUSD - ANALYSIS👀 Observation:
Hello traders! Let’s dive into my analysis for gold ( XAU/USD ). Since 18 Nov 2024, we’ve observed a range-bound movement where the price bounces between the range's floor and ceiling. Currently, we’re at the weekly range ceiling, and I anticipate a downward move toward the range floor.
My first target for gold is 2606 . However, if the price consolidates above 2720 on the daily timeframe, we could see a breakout to new all-time highs.
📉 Expectation:
Downward move from the range ceiling to the range floor at 2606 , unless the 2720 level is broken.
If 2720 is broken and holds, expect a bullish breakout and potential for new highs.
💡 Key Levels to Watch:
Range floor target: 2606
Key resistance: 2720
💬 What are your thoughts on gold’s next move? Share your insights in the comments below!
Trade safe
Weekly Market Forecast Jan 20-24thThis is an outlook for the week of Jan 20-24
In this video, we will analyze the following FX markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
The indices look set to move higher this week, as Trump is inaugurated Monday, bringing a possible "Trump Pump" to the markets. The metals are a bit mixed, but may continue upward this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Gold market trend analysis next week:
Analysis of gold news: On Friday (January 17), the rise in the U.S. dollar put pressure on gold prices, but due to uncertainty about incoming President Donald Trump’s policies and the market once again bet on further interest rate cuts, gold prices The key $2,700 level was breached, so gold remains on track for a weekly gain. Gold prices hit a new high in more than a month on Thursday, just $65.6 shy of October's all-time high of $2,790.15. Gold prices have gained 0.5% so far this week, their third straight weekly gain, after weaker-than-expected U.S. core inflation data on Wednesday fueled speculation the Federal Reserve will cut interest rates more than once. Traders expect the Federal Reserve to cut interest rates twice before the end of the year, and Federal Reserve Governor Christopher Waller hinted that the Fed may cut interest rates further if economic data weakens further. Despite gold's recent strong performance, some analysts say the metal still needs to break out of the consolidation period of the past two months to achieve greater gains.
The market is now eagerly awaiting Trump's inauguration on January 20, which analysts expect will bring challenges to the gold market. Trump's aggressive rhetoric about supporting US manufacturing through trade tariffs continues to push the US dollar index to a high of more than 109 points, while raising inflation concerns and worries about a global trade war. Outgoing U.S. Treasury Secretary Yellen said that the Treasury Department will take special accounting operations starting on January 21 to avoid breaching the debt ceiling. She again urged lawmakers to take steps to raise or suspend the statutory ceiling. Yellen wrote in a letter to bipartisan leaders of Congress on Friday that she is informing lawmakers that the Treasury Department will use extraordinary measures starting January 21. Fed Governor Waller said that if US economic data weakens further, three or four rate cuts this year are still possible. Traders expect two rate cuts before the end of the year, with Fed Governor John Waller suggesting more could come if economic data weakens further. Gold is often seen as a hedge against inflation and political uncertainty, has no yield, and can benefit from lower interest rates.
Gold prices fell on Friday (January 17) as U.S. inflation data and dovish comments from Federal Reserve officials reignited hopes that the central bank could cut interest rates multiple times this year. U.S. inflation data released earlier this week rekindled market expectations that the Fed could cut interest rates multiple times this year. It closed higher for three consecutive trading days. Gold hit its highest point since December 12, 2024 on Thursday this week at $2,724.61. The dollar index is expected to fall about 0.5% this week, ending a six-week winning streak. After the release of U.S. core inflation data on Wednesday, traders began to digest the expectation that there could be two rate cuts this year. Gold has been supported this week by weaker-than-expected U.S. economic data such as PPI and CPI data and dovish comments from Fed policymakers. The continued uncertainty in 2025 further enhances the appeal of gold.
Gold technical analysis: I believe that friends are aware of the importance of the high point near 2,726. The previous two shocks have successfully ushered in a sharp decline, indicating a large amount of short suppression. At present, the impact is blocked again, and the day has ushered in a volatile downward trend, breaking this week's slow bullish trend. On the 4-hour chart, the market has surged upward many times, but the momentum of the bulls has not increased. Moreover, the 4-hour price has moved outside the upper Bollinger Band, which is a bit overbought. Now that the price is so high, let's not chase the price higher. The high position is a bit passivated and needs to be adjusted and repaired. High-altitude operation can be considered, but the position must be chosen correctly. When the price of gold has corrected in place, it may be easier to go long at a low level than short at a high level. You just need to pay more attention and don't blindly chase long positions. Judging from the structure of the 1-hour chart, gold has started to rise since around 2596, and the highs and lows have gradually risen. As long as it has not fallen below the key support line, we'd better follow the bullish thinking and let's go again. Looking at the technical indicators, the DIFF line and DEA line in MACD have crossed downward, which shows that the short-term trend is not optimistic. Although the overall trend of gold is still upward, the possibility of a correction in the short term is relatively large. However, this small correction will not change the overall situation. On the whole, gold prices are still trending upward. If the gold price continues to pull back, our team of senior professional analysts believes that we can focus on the price range of 2690 to 2700 and consider buying on dips.
Taken together, in terms of short-term operation ideas for gold next week, our senior professional analyst team recommends mainly longs at low levels during callbacks, supplemented by shorts at rebound highs. The upper short-term focus will be on the 2717-2722 first-line resistance, and the lower short-term focus will be on the 2690-2685 first-line support. .
USOIL SHORT FROM RESISTANCE
Hello, Friends!
USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 72.06 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair.
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Silver Breakout? or FakeoutMetals look to have tailwinds with bonds finding support (real rates coming off), DXY stabilising, and the incoming trump administration. The charts are constructive with possible early breakouts. If upward momentum continues then price will likely target recent highs and then possibly higher after consolidation or pullback.
Possible risks to trade include resumption of bond decline with rising real rates and USD strength.
GOLD - 15 min ( Best Buy And Sell Scalping After Break ) In the context of Gold trading via FXCM, significant technical levels have been identified on the 15-minute time frame. A bullish outlook is established following a breakout through the key level of 2713.5, notably accompanied by high trading volume. Conversely, a bearish sentiment emerges if the price breaches the key level of 2703, also supported by substantial volume. It is imperative to note that our analysis is grounded in precision rather than numerical approximations, ensuring the provision of the most accurate trading opportunities.
⚡️GOLD / FXCM
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 2713.5 Point
🚨Bearish After Break Out key level + High Volume / 2703 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
Gold at Resistance Zone>Technical Patterns>Potential DropThe U.S. economic Indexes released on January 16, 2025 , have implications for Gold ( OANDA:XAUUSD ):
Core Retail Sales m/m : ncreased by 0.4% , slightly below the 0.5% forecast, indicating moderate consumer spending.
Retail Sales m/m : Rose by 0.4% , under the expected 0.6%, suggesting a potential economic slowdown.
Unemployment Claims : Reached 217,000 , higher than the anticipated 210,000, pointing to a softening labor market.
These factors may lead to a weaker U.S. dollar and increased demand for gold as a safe-haven asset, potentially driving gold prices higher.
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Now let's take a look at the Gold chart in the 4-hour time frame and see how much Technical Analysis can help us predict the trend of Gold in the coming hours and days.
Gold is moving in the Resistance zone($2,743-$2,700) and near the Upper line of the Ascending Channel , the upper lines of the Rising Wedge Pattern and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Gold appears to be moving within the Rising Wedge Pattern .
According to Elliott's wave theory , Gold appears to be completing microwave C of the main wave Y . The wave count will change if the Resistance zone($2,743-$2,700) breaks .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to start falling at least the Support zone($2,697-$2,689) and the lower line of the ascending channel after entering the TRZ and touching the upper line of the ascending channel and the wedge pattern.
Note: If Gold can break the Resistance zone($2,743-$2,700), we can expect an All-Time High(ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.