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XAUUSD Channel Up pull-back and then new High.Gold (XAUUSD) has been trading within a short-term Channel Up on the 4H time-frame since the December 26 2024 High. It just formed a 4H Golden Cross, which gives the medium-term a stronger bullish potential but on the short-term, it is highly likely to see the Channel Up first pull-back on a new Bearish Leg to test the 4H MA50 (blue trend-line). That will be the best buy opportunity (assuming the candles close within the Channel Up) and aim for a new Higher High near Resistance 1 at 2725. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
2
New Quarterly Shift Analysis for XAUUSDThis post is based on my learnings from ICT Quarterly Shift Analysis teachings. In September 2024, I published my quarterly shift analysis for #Gold. Back then, I estimated a shift in the market structure for Gold on or around the US Presidential Election date. It happened exactly as outlined. I estimated Gold to make a bear move or to create a large range, it did indeed created large range and has been moving within the range since then. The top of the range is 2790.10 and the bottom of the range is 2536.60. For the new quarter, I expect Gold to make a new market structure shift during the week of President Trump's inauguration, specially on the Inauguration Date (20 January 2025). During this critical period (from 20th to 31st January 2025), If Gold closes a strong bull candle above 2790.10, then I expect Gold to move towards new highs (2828, 2918 and 3000) in the next three-four months. BUT, if Gold closes a strong bear candle below 2536.60, then I expect Gold to move towards 2480, 2340, and 2200 in the next three-four months. Since US Elections, Gold has created more bearish indications compared to bullish indications, therefore, I am more in the favor of a bearish move, but I will wait for price confirmations to make up my final decision during the Inauguration Week. Disclaimer: This is not a signal, just an analysis for your consideration and benefit. Please mix it with your own analysis.
PEPPERSTONE:XAUUSD
by DastanKarim
Gold Race to 3,000: Rates, Politics, and BeyondAs visible on daily TF ,Key resistance levels 2720 were challenged two times already. A clean breakout above 2720 could lead to further bullish momentum also we have seen that the price recently retraced to 2,538 and 2,583 levels, forming bullish pullbacks before continuing upward, The corrective pullbacks appear to be shallow, indicating strong bullish momentum. Based on Fibonacci extensions and historical price action, a bullish move toward the psychological level of 3,000 seems possible. so with all this talk about the Fed cutting rates, FOMC's moves, there's a real buzz around gold hitting 3,000. Lower interest rates mean less reason to hold onto cash or bonds, making gold look pretty attractive. If Trump's policies stir up inflation or global uncertainty, even better for gold. gold's been on a nice climb last week, bouncing back from where it should dip, which suggests there's strong buying interest. If it keeps this up, breaking past the current highs near 2790, we might just see it hit that 3,000 mark. But remember, this is all speculative; gold can be as unpredictable as a cat in a room full of rocking chairs. Keep an eye on those FOMC meetings and any geopolitical drama; that's where the real action could come from.
OANDA:XAUUSDLong
by TheGoldenCircle
Scenarios for buying Gold!Hello Everyone, Dear Traders, A triangle was formed for Gold After the break TP could be around top of this Channel However, an overbought witnessed in the LTF. We might see some corrections here! This could be the potential channel in future moves of the gold. Two possible setups: 1-You can buy now and hope for sharp moves and your TP would be around top of channel. 2-You can wait for bottom of bullish potential LTF channel and set the TP as mid of the long-term channel
FOREXCOM:XAUUSDLong
by AliSignals
xauusd 1hr chart analysisTechnical Analysis Key Levels Support: Primary Support: $2,675- 2680, a crucial level that has consistently held over the past weeks. Secondary Support: A breakdown below $2,675 could lead to further declines toward $2,669 and $2,663 Resistance: Primary Resistance: $2,693–$2,700, a zone gold must clear to confirm bullish momentum. Extended Target: A sustained move above $2,703 could push gold toward $2,713 or higher, with the long-term target near $2,723 Price Action: Gold has been consolidating around $2,650, indicating indecision in the market. Traders are awaiting a catalyst for a breakout in either direction Indicators: RSI: Neutral, indicating no overbought or oversold conditions. Moving Averages: Gold is trading near its 50-day moving average, reflecting a balance between buyers and sellers. Elliott Wave Analysis: Suggests the current correction phase might end soon, potentially paving the way for an upward movement
OANDA:XAUUSDLong
by realmillionairefx
1
Hellena | GOLD (4H): Long to resistance area of 2717.733(Again).Dear colleagues, I believe that the 2717 level will be reached again, because the five-wave upward movement is not over yet. I see here the development of wave “3” of higher order and the completion of the correction in wave “2” of medium order. I expect the price to start an upward movement this week. I do not recommend placing short orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
16
Silver H4 | Falling to overlap supportSilver (XAG/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 29.85 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 29.33 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 30.68 which is an overlap retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAGUSDLong
by FXCM
CRUDE OIL // long after correctionThe market has managed to stay above the monthly impulse base (orange), and the weekly/daily has turned up. The daily has reached the target fibo 138.2 with an impulse, therefore, I expect a countertrend here on H4/H1, and I want to go long after that countertrend breaks. The target is the monthly breakdown and the daily target fibo 200. ——— EXPLAINING COLORS Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. Level colors: H4 - aqua Daily - blue Weekly - purple Monthly - magenta ——— Stay grounded, stay present. 🏄🏼‍♂️ <<please boost 🚀 if you enjoy💚
FX:USOILLong
by TheMarketFlow
Gold--> Retest the resistance level before declining!Hello, dear friends! This is Ben here! Gold prices continue their upward trend, currently hovering around 2671, with a modest daily increase of 0.05%. The chart indicates that gold is consolidating and attempting to approach the critical resistance level of 2675. The bullish market structure suggests that prices are gearing up for a potential breakout. However, the key question remains, will the breakout occur? This depends largely on external factors, including the U.S. economy's performance and the inflationary trends, which have been long anticipated by the market. Based on current market behavior, we might expect gold to test liquidity and recheck key resistance levels before any potential downward correction. Buyers are likely to exercise caution after disappointing inflation data from China and hawkish signals from the Federal Reserve's recent meeting minutes. Frankly speaking, I’m not overly optimistic about gold’s upward momentum at the moment, given the lack of strong bullish catalysts aside from lingering trade policies, such as Trump's tariffs on major global powers. Fundamentally, the dollar’s strength and the Fed's hawkish stance continue to cap significant gains for the precious metal. Resistance levels: 2675, 2680 Support levels: EMA 2665, 2655 From a technical standpoint, the market structure remains bullish, and in the short term, we could see an attempt to break through the 2675 resistance. If successful, prices may test the next areas of interest at 2680 or even 2692 (OB Zone),which could later result in a possible decline. Best regards, Bentradegold!
OANDA:XAUUSDShort
by Bentradegold
1
WTI highest in more than 3 weeksTVC:USOIL hit its highest level in more than three months in early trading on Monday (January 13) in Asian markets, continuing last Friday's rise on market expectations that the United States will strengthen its measures. sanctions on Russia's oil industry, which will result in Russian supplies in China and India coming under pressure; In addition, the nonfarm payrolls report also boosted market confidence in the growth of crude oil demand in some parts of the US and Europe also stimulated winter crude oil fuel demand. The Biden administration on Friday imposed the broadest package of sanctions targeting Russia's oil and gas revenues, a move aimed at giving Kyiv and Trump's new team leverage to reach a peace deal in Ukraine. This move is aimed at cutting Russia's revenue to continue the war. Since the Russia-Ukraine conflict began in Russia in February 2022, the war has caused tens of thousands of casualties and reduced many cities to rubble. Ukrainian President Zelensky posted on X that the measures announced last Friday would "deal a big blow" to Moscow. He added that "The less money Russia gets from oil... the sooner peace will be restored." US job growth unexpectedly accelerated in December, the unemployment rate fell to 4.1% and a stable labor market at the end of the year will boost crude oil demand. Friday's closely watched Labor Department jobs report also showed fewer long-term unemployed people in December and the average length of unemployment shortened. Increases in these indicators have previously raised concerns about a labor market downturn. December employment rose 256,000, the most since March. Data for October and November were revised to show 8,000 fewer jobs were added than previously reported. The unemployment rate decreased from 4.2% in November. The average unemployment rate last year was 4.0% and in 2023 it will be 3.6%. In Friday's report, the government also released revisions to the past five years of seasonally adjusted household survey data, from which the unemployment rate is calculated. With last Friday's jobs data settling in, this week will see a lot of US data and statements from Federal Reserve officials. US President-elect Donald Trump's team is expected to make many comments before the inauguration ceremony on January 20. China's trade data, economic activity and GDP will also be the focus of the market in general and the Crude Oil market in particular. On the daily chart, TVC:USOIL continues its uptrend after breaking through the rising price channel noticed by readers in the previous issue. And currently the upward momentum is limited by the 0.618% Fibonacci retracement level, once WTI crude oil breaks above this level it can continue to increase further with the target then around 82.75USD in the short term. However, the Relative Strength Index shows that the RSI is operating in the overbought area, which is a signal that there is not much room for price increases ahead, and also signals a possible downward correction. happen. However, the technical outlook for WTI crude oil is currently bullish with support from the trend price channel, EMA21 and the nearest support level at the 0.50% Fibonacci retracement. As long as WTI crude oil remains above the price channel and EMA21, any price declines should only be considered short-term corrections, notable levels will also be listed as follows. Support: 76.33 – 75.20 – 74.61USD Resistance: 78.98USD
TVC:USOIL
by Xayah_trading
1
Trend analysis and signalsThe trend of gold yesterday was no different from that of the previous few days. The only difference is that it is constantly breaking through the highs above. From the current point of view, the rise of gold has not ended. There is no news data on Thursday. The main focus can be on today's NFP. The overnight retracement low of gold near NFP is 2650, which is a strong support. It is still bullish if it holds! Gold has remained strong since closing at the 2670 mark. The daily line maintains a bullish structure intact! The MA10/7-day moving average opened up to 43/56, and the New York closing price stood above the 60-day moving average. The hourly and four-hour charts Bollinger bands opened upward and the price was running in the middle and upper track. Gold has repeatedly risen and fallen. At present, the trend of the market has been maintaining a steady upward trend. The lows are constantly rising, and the highs are constantly breaking upward. It is expected that today's Asian session will continue to maintain this upward pattern, and the future operation will continue to be mainly low-long! Today is Friday and NFP day. I believe everyone is familiar with the recent NFP market trends. Most of them are just widening the amplitude of fluctuations. The 1-hour moving average continues to diverge upward. Gold bulls still have room to move upward. Gold fell back yesterday and got the first-line support of 2660 without breaking. Then gold will continue to buy on dips at 2660 in the Asian session. The bullish trend will continue. Go with the trend. First support: 2663, second support: 2650, third support: 2668 First resistance: 2680, second resistance: 2691, third resistance: 2700 Operation ideas: BUY: 2659-2661 SELL: 2688-2690
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Bullish bounce off overlap support?The Silver (XAG/USD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 29.97 1st Support: 28.81 1st Resistance: 32.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDLong
by ICmarkets
XAUUSD M15 | Bearish Drop Based on the M15chart analysis, we can see that the price is currently at our sell entry at 2688.24, an overlap resistance Our take profit will be at 2677.19, a pullback support. The stop loss will be placed at 2704.49, which is above 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAUUSDShort
by FXCM
Weekly and Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower following the non-farm payroll data release. As noted in yesterday’s analysis, the possibility of a sharp drop in the third wave of selling on the 240-minute chart was highlighted and has largely materialized. The monthly 5-day moving average (20,880) emphasized this month acted as support, forming a lower wick. On the weekly chart, the MACD has crossed below the Signal line, generating a sell signal. The index is positioned between the 3-day, 5-day, and 10-day moving averages above and the 20-day moving average below, suggesting the possibility of a range-bound market this week. If the market moves upward at the beginning of the week, it may decline later, and conversely, if it drops initially, a rebound may occur later in the week. The upper range is projected at 21,360–21,400, while the lower range is expected to be below 20,880. Flexible responses to early-week movements are crucial, especially with Wednesday’s CPI release likely to serve as a key turning point. On the daily chart, the MACD and Signal lines remain below the zero line, making sell-side strategies near the 3-day or 5-day moving averages preferable during rebounds. Downward movement toward the 120-day moving average is possible, but there’s a strong likelihood of a rebound after forming a lower wick, so avoid chasing the sell-off. On the 240-minute chart, while selling pressure remains strong in the third wave of the downtrend, support and a potential trend reversal could occur below 20,700. Overall, a sell-on-rebound strategy is advantageous today. Oil Crude oil surged on the possibility of U.S. sanctions on Russian crude exports. As previously noted, oil continues to display a pattern of reversing trends and sharply rising from the bottom. In pre-market trading, prices have already surpassed $78, but with the significant divergence from the 5-day moving average, caution is warranted today. On the weekly chart, the divergence from the 5-week moving average and the presence of previous highs around the $78 range suggest that even if prices rise further, chasing the rally should be avoided. The most favorable scenario this week involves buying on dips near the 5-week moving average, with corrections potentially reaching $73.4–$74. On the daily chart, more time is needed for shorter-term moving averages, such as the 20-day and 60-day, to align with current prices. On the 240-minute chart, the MACD has formed a golden cross, generating a buy signal. However, if prices fail to surge further, divergence in the MACD could occur. Pay attention to potential sell signals and additional declines. As the rapid rise calls for a correction, prices are likely to consolidate around $78 during pre-market trading, making range-bound strategies favorable. Gold Gold surged on Friday due to reduced expectations of a Fed rate cut following employment surprises. On the weekly chart, gold has formed a bullish candle, breaking above key short-term moving averages. However, the significant divergence between the MACD and Signal lines suggests that surpassing the previous high near 2,760 will be challenging. On the daily chart, the MACD is above the zero line, and the Signal line is trending upward, showing a buying trend. Buying on dips near the strong support zone at the 5-day and 60-day moving averages around 2,690 is a favorable short-term strategy. With additional upward movement possible, a buy-on-dips approach is recommended. However, volatility is expected to increase with Tuesday’s PPI and Wednesday’s CPI data, so plan accordingly. On the 240-minute chart, strong buying momentum continues, with the RSI entering the overbought zone, making premature selling risky. Weekly Overview This week, early movements are likely to continue last week’s trends, with a potential inflection point around Wednesday’s CPI data. Manage risks carefully, and have a successful trading week! ■Trading Strategies for Today Nasdaq - Bearish Market -Buy Levels: 20,945 / 20,900 / 20,780 / 20,740 / 20,680 -Sell Levels: 21,110 / 21,210 / 21,310 Oil - Bullish Market -Buy Levels: 76.55 / 76.00 / 75.60 / 74.60 -Sell Levels: 78.35 / 78.85 / 79.45 / 80.00 Gold - Range-bound Market -Buy Levels: 2,713 / 2,703 / 2,695 / 2,685 / 2,677 -Sell Levels: 2,726 / 2,735 / 2,742 / 2,753 / 2,759 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are set as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. Wishing you a successful trading day! If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!Short
by Futureguard
XAUUSD 12/1/24XAUUSD remains our second pair as usual. Orion is clear as always, giving us a bullish bias to target the highs. Similar to EU, we only have one high to aim for, so the options are the same as mentioned in that write-up. We could pull back from the current position, creating a new low in the process, which would lead us into the lows and present a long entry opportunity in line with the bias. Alternatively, we might take the high first and then drop down into the lows, which would also provide a potential long entry. Overall, we are anticipating a higher shift and need to monitor the lows for this to materialize. Follow Orion, stick to your plan, and manage your risk properly.
FX:XAUUSD
by PipSurfingSociety
#202502 - priceactiontds - weekly update - gold futuresGood Evening and I hope you are well. comment: I want to be bearish with a stop 2761 but so far bears have not done enough. Market is still above the 1h 20ema and until we have consecutive closes below, I won’t take shorts. My bear trend line is good and market showed the expected reaction there but the risk of another test of 2735 is too high to take early shorts. Bulls also closed above 2710, which is pretty bullish but I would never buy so close to a big bear trend line. Downside potential is about 100 points while upside is most likely limited to 2761, so r:r is clearly on the bear side. current market cycle: trading range key levels: 2620 - 2761 bull case: Strongly bullish week and despite having many tails above the bull bars, we are only going up. Bulls want to break above the bear trend line and test 2761 again. Gold has been in a trading range 2560 - 2761 for more than 2 months and betting on a breakout is low probability. Bulls are buying this on momentum but once that is gone, they likely have to cover and try lower again. If bulls want 2800 bad, we would stay above 2700 and continue upwards. I currently see this 50/50 for both sides. Invalidation is below 2670. bear case: Bears tried on Friday but bulls got a big bullish reversal bar and closed above 2700. Best bears could do right now is to turn the market neutral around 2700 before they can try to sell this down again. Bulls are in full control and bears have not done much since beginning of 2025. First target for the bears is to stop the market from making new highs and staying below the 2024-12 high at 2761. Next target down would be 2680 and a 4h close below the 20ema, which has not happened since last Monday. Invalidation is above 2761. short term: Neutral around 2700. Bullish above 2740 for 2761 or higher and bearish only below 2650. Market most likely needs more sideways movement before we can go down. medium-long term - Update from 2024-01-02: If we break strongly above 2700, we will likely retest 2740-2760 and depending on that move, we will either stay inside the big range 2560 - 2760 or retest 2800 or even higher. current swing trade: None chart update: Nothing
COMEX_MINI:MGC1!
by priceactiontds