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GOLD - Potential Bearish Rejection at ResistanceGold is approaching a key resistance zone, which aligns with the upper boundary of the ascending channel. This area has the potential to act as a strong barrier, leading to a bearish pullback if sellers regain control. A rejection at this resistance could push the price back toward the $2,698-$2,700 level. If this level holds, it may provide a base for buyers to attempt another rally. However, a failure to hold above the $2,698 level could signal further bearish momentum, potentially targeting lower areas within the channel. Traders should watch for confirmation, such as bearish candlestick patterns or strong rejection wicks, at the resistance zone.
FX:XAUUSDShort
by TrendDiva
1
Oil Market: WTI Barrel Faces the $78 BarrierOver the past two sessions, the price of crude oil has dropped more than 2%. This decline coincides with the Israeli Prime Minister reaching a ceasefire agreement in Gaza. The temporary peace deal has been perceived as favorable for oil production, as it eliminates a geopolitical conflict that could have disrupted operations in the Middle East. As a result, production expectations have risen, contributing to downward pressure on crude prices. Uptrend The WTI crude market has maintained a steady upward trend since early December 2024. However, the most recent bullish peak showed significant momentum, which could signal the emergence of bearish corrections in the price. MACD Indicator The MACD and signal lines remain bullish but have begun to exhibit a negative slope. Additionally, the histogram has fallen to a fully neutral position around the 0 line of the indicator. These developments suggest a potential exhaustion of previous bullish momentum, creating opportunities for bearish movements. RSI Indicator The RSI line remains close to the overbought territory, hovering near the 70 level. Any future movements that revisit this level could increase the likelihood of short-term bearish corrections. Key Levels $78: This is the current resistance level, coinciding with the highs from August 2024. Sustained moves above this level could strengthen the bullish outlook and potentially accelerate the ongoing uptrend. $72: A crucial support zone where bearish corrections are likely to see significant activity. Moves near or below this level could jeopardize the formation of the current upward channel. By Julian Pineda, CFA - Market Analyst
FOREXCOM:USOIL
by FOREXcom
Analysis of the latest trend of gold market: Analysis of gold news: Spot gold rebounded slightly during the U.S. trading session on Thursday (January 16). The price of gold fell nearly $30 from the one-month high hit last Friday on Monday. The lowest intraday price hit $2,656.73/ounce and closed at $2,662.83/ounce. Last week's strong employment report consolidated the Fed's expectations of cautious interest rate cuts this year. The U.S. dollar rose sharply to the highest level in more than two years, and the U.S. Treasury yield hit a high of more than eight months, which blocked the gold price at the 2,700 mark. In addition, the breakthrough in the Gaza ceasefire mediation also suppressed the safe-haven demand for gold. The U.S. employment report released last Friday highlighted the strong momentum of the economy and made the outlook of the Federal Reserve unclear. The U.S. dollar index rose to 110.17, the highest since November 2022, during trading on Monday, but gave up its gains in late trading, and reported a weekly report of 109.59, a drop of about 0.05%. Trump will be sworn in as the President of the United States next week. The tariffs and protectionist policies he proposed are expected to stimulate inflation and may trigger a trade war, thereby increasing the appeal of gold as a safe-haven asset. People familiar with the matter revealed that the economic team of US President-elect Donald Trump is discussing slowly raising tariffs month by month to increase bargaining chips in a step-by-step manner while trying to avoid a surge in inflation. This has slightly cooled the market's concerns. The US December PPI data will be released this trading day, and several Federal Reserve officials will give speeches. Investors need to pay attention to them. In addition, investors need to pay attention to news related to the geopolitical situation. Gold technical analysis: Gold's two consecutive positive daily lines have recovered the previous decline. It has re-touched the 2700 integer mark and closed at a high level at the end of the trading day. The probability of breaking today has increased. At present, the daily line structure has driven the moving average indicator to turn upward to form support, and the daily line structure has begun to change to a bullish upward trend. The daily line closed positive, and there is still a high point today. The daily support is near 2678, if it reaches it, you can go long. The Asian early trading session pulled back to 2692 and opened higher, proving that the market is still very strong. The current price of gold is close to resistance at 2719, so we will not chase it. If there is a signal above 2719, we can consider going short first. There is nothing to analyze today. Gold is bullish but cannot chase the rise. In the bullish rising channel of the 4-hour chart of gold, the step-up rising channel is formed based on the low point of 2655. If the low point is not broken, the bulls will not change, although the process is slow. But the overall situation remains in a fluctuating rise. The 1-hour moving average of gold has entered the golden cross upward pattern again. The gold price has moved sideways and upward in the Asian session at 2685. The basic idea and direction are the same as those on Wednesday. As long as the decline stabilizes, we can continue to look at the bullish market. The market will break through 2720 points and form a new high. On the whole, our senior professional gold analyst team recommends that the short-term operation of gold today is mainly long on the pullback, supplemented by short on the rebound. The short-term focus on the upper side is 2726-2731 resistance, and the short-term focus on the lower side is 2700-2695 support.
FOREXCOM:XAUUSDLong
by Caesar_Gorman01
GOLD BULLSH MOVE, REASONS?? ( READ CPTION)Hello everybody, I hope you are doing well, Happy Weekend. I hope you had great weekend, The market is going to open tonight. Im back with my new idea for next week, as you can see gold has broken trendline, hit sell side liquidity, after hit the sell side liquidity gold has fallen and there was Supply zone. There was 3 taps in down and up trend line but gold has broken down trend line, strong bullish momentum, gold has fallen from Supply zone, Im excited gold will fly from the OB area, its demand zone also in H1 TF. You know there is a FVG in H4 with medium accuracy, there is a buy side liquidity. Price can break the supply zone area after touch OB, and it can reach at the previous ATH 2790. SUPPORT MY IDEA, FOLLOW FOR MORE IDEAS PLEASE SHARE YOUR IDEAS ON THIS POST.
FOREXCOM:XAUUSDLong
by Zayn_Muaath
THE KOG REPORT THE KOG REPORT In last week’s KOG Report we said we would like to see price attempt a brief test of the high, reject and give us the move down which was successful. We then wanted to exit any short trades and find the optimal spot to long back up sticking to the bias and the bias targets as well as the red box targets and Excalibur. Combined, we got the move up from the pivot red box and managed to complete all of our bullish targets ending the week with a phenomenal pip capture tracking this precious metal at nearly every turning point up and down. A fantastic week again in Camelot not only on Gold but the other pairs we analyse and trade as well. So, what can we expect in the week ahead? For this week again we’ll stick with the bullish bias for now. The key level resistance on open is the 2715-14 price point, if rejected we should see a continuation of the move downside into the lower support levels 2700, 2690 and below that the key level and bias level support 2680-5. It’s that lower level that needs to be monitored, as building a base there and upon a clean reversal we feel the opportunity to then long the market again back up into the 2725, 2730 and above that 2740-5 region initially is what we’ll be looking for. Our weekly red box worked well last week giving the rejection we wanted, and due to the failed break, we would like to see that level attempted again to monitor whether we close above or not. This is really important for gold as another fail can result in another major correction before attempting higher pricing. KOG’s bias of the week: Bullish above 2680-5 with targets above 2720, 2730, 2735 and above that 2745 Bearish on break of 2780 with targets below 2670 and below that 2766 RED BOX TRADERS: Break above 2704 for 2710, 2716, 2735 and 2733 in extension of the move Break below 2695 for 2788, 2682, 2680 and 2665 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
3
Weekly and Today analysis for Nasdaq, Oil, and GoldNASDAQ NASDAQ closed higher, breaking above the upper trendline resistance on the daily chart. On the weekly chart, the sell signal is still active, and the MACD has yet to cross above the signal line. Therefore, even if the market rises early this week, it could potentially retreat again. This underscores the need to avoid chasing highs. On the daily chart, a buy signal was generated with today’s candle, but it is not confirmed by yesterday’s action. If today’s session ends with a bearish candle, the buy signal could disappear. For a sustained upward move, today must close with a bullish candle and create a clear buy signal. Furthermore, for this signal to be meaningful, the signal line must move above the zero line, with a wider divergence between the MACD and the signal line driven by additional gains. On the 240-minute chart, a long bullish candle has created a potential third wave up. Breaking through the upper trendline is significant, but whether this uptrend will continue remains uncertain. Additionally, with U.S. markets closed today for Martin Luther King Jr. Day, today's and tomorrow’s daily candles will be combined. Expect sideways movement with a bullish tilt today, with the main market session tomorrow likely determining the direction. Focus on buying on dips while avoiding chasing highs. CRUDE OIL Crude oil closed lower, forming an upper wick on the daily chart. On the weekly chart, the price is significantly distanced from the 3-day and 5-day moving averages, suggesting that this week could see consolidation or a pullback from the $79 resistance level. On the daily chart, crude has fallen below the 5-day moving average, now trading within a range between the 5-day and 10-day moving averages. The $74–$75 range represents an attractive buy zone during a pullback. This area aligns with the weekly 5-day moving average, making it a critical level to watch. Around $76, where the 10-day moving average lies, significant support exists on intraday charts. Observing whether this level holds on the first test is crucial. On the 240-minute chart, the MACD remains significantly above the zero line, favoring continued buying on dips. The first key support is around $76, and the second is in the $74–$75 range, where the MACD could attempt another bullish crossover. Be mindful of reduced trading volumes due to the U.S. market holiday and focus on range-bound strategies. GOLD Gold faced resistance near the 2760 level, closing with a doji candle. On the weekly chart, the MACD is diverging from the signal line, suggesting that further upside may face resistance around the 2785 level. If the MACD on the weekly chart fails to form a golden cross, a pullback may occur. On the daily chart, the strong buy trend remains intact, favoring a buy-focused strategy. However, on the 240-minute chart, a potential dead cross could signal short-term corrections. With U.S. markets closed today and tomorrow, gold could dip to the 5-day moving average, creating buying opportunities during pullbacks. For today, short-term selling at highs with a focus on key support levels for buying on dips is recommended. Sideways movement during pre-market hours may continue, with tomorrow’s main session likely setting the next direction. Stick to box-range trading and take advantage of key opportunities if prices reach critical levels. With U.S. markets closed on Monday, reduced trading volumes make box-range trading strategies more effective. Use this time to prepare for potential opportunities at key levels. Stay diligent with risk management, and have a successful trading week ahead. ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21510 / 21480 / 21350 / 21310 / 21270 -Sell: 21650 / 21740 / 21780 / 21880 Crude Oil - Bullish Market -Buy: 76.90 / 76.30 / 75.70 / 74.95 -Sell: 77.80 / 78.25 / 78.60 / 79.00 Gold - Bullish Market -Buy: 2730 / 2723 / 2719 / 2715 -Sell: 2747 / 2753 / 2758 / 2762 / 2777 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
XAUUSDTrade Suggestion: For the trade: Due to the presence of short-term correction signals in lower timeframes and confirmation of an uptrend in higher timeframes, the price is expected to initially decrease (with a potential correction to 2690) and then continue its upward movement. Trade Suggestion: 1. Buy trade entry: o Entry point: 2690 o Stop Loss: 2683 o Take Profit: 2707 o Entry method: Pending Order (Buy Limit) at 2690. 2. Sell trade entry (short-term): o Entry point: 2703 o Stop Loss: 2710 o Take Profit: 2690 o Entry method: Manual. • Buy trade suggestion with a high probability of success. • Sell trade suggestion as a short-term opportunity.
OANDA:XAUUSD
by trade_planning
Gold trend analysis During the Asian and European session on Friday (January 17), spot gold slightly gave up some of its overnight gains and is currently trading around $2,710. Gold prices rose to a more than one-month high on Thursday, reaching a high of $2,724.61 per ounce during the session, approaching the more than two-month high of $2,726.05 recorded on December 12 last year, and finally closed at $2,714.49 per ounce, rising for the third consecutive trading day. Mainly due to the weak performance of the latest US economic data, the weakening of core inflation pressure further depressed US bond yields, and strengthened the market's expectations of a dovish Fed policy. Fundamental analysis: The US dollar index fell 0.15% to 108.93 on Thursday, affected by the continued impact of the previous weak consumer price index data. The market expects the Fed to implement two interest rate cuts this year, of which the probability of a rate cut at the June meeting has risen to 69%. In addition, the speech of Fed official Waller further boosted the expectation of interest rate cuts. The expectation of interest rate cuts in the U.S. interest rate futures market for 2025 has increased from 37 basis points on Wednesday to 43 basis points. The expectation of loose policy supports the price of gold and attracts safe-haven funds to flow into the gold market. Technical analysis: The daily level of gold price recorded a positive closing yesterday, challenging the high of $2,726 again, but closed below $2,720 at the end of the day, indicating that the short-term market long and short forces are still in a stalemate. If the market can effectively break through $2,720 in the future, the price of gold is expected to further explore higher targets. From the 1-4 hour level, after the price of gold gained support near $2,600, it continued to fluctuate upward this month, and the short-term long structure remains intact. This week, it successfully held above $2,650, and the long space gradually expanded. Although the overnight market experienced a correction after testing the high of $2,724, the gold price is still stable near $2,710 during the current European session, indicating that the support below is strong. In the short term, we should pay attention to the effectiveness of the support in the $2,710/2,703 area. Operation suggestions: Long order strategy: Aggressive traders can try to go long with a light position below $2,710, with a stop loss set at $2,697 and a target of $2,722/2,732; Conservative traders can wait for the price to pull back to around $2,703 before trying a light long position, with a stop loss also set at $2,697 and a target of $2,722/2,732. Short order strategy: Aggressive traders can try short positions near $2,724, with a stop loss set at $2,728 and a target of $2,712/2,703; Conservative traders are advised to wait and see, and wait for the market direction to become clearer before taking action. Overall, gold prices are currently driven by bullish sentiment, but we need to pay close attention to further changes in the Fed’s policy expectations and the performance of key support and resistance areas in order to flexibly adjust trading strategies.
FOREXCOM:XAUUSD
by RonPeter_Trading
XAUMO WEEKLY REP0RT (week of Jan 20-24)Roadmap for Next Week: Session-by-Session Game Plan This game isn’t about being faster; it’s about being smarter. Follow volume, respect liquidity, and think like the sharks. If you execute this plan with discipline, you’ll trade with institutions, not against them. Monday (Jan 20, 2025): Trap Day Focus Levels: $2,683 (Support), $2,709 (Resistance). Institutional Play: Liquidity sweeps below $2,683 during London Session, followed by fake resistance above $2,709 in US Session. Strategy: Wait for reversals near $2,683 or $2,709 with volume confirmation. Tuesday (Jan 21, 2025): Consolidation Day Focus Levels: $2,692 (POC), $2,709 (VWAP Upper Band). Institutional Play: Sideways movement as institutions prepare for Wednesday's breakout. Wednesday (Jan 22, 2025): Breakout Day Focus Levels: $2,709 (Key Resistance). Institutional Play: Breakout above $2,709 during US Session with strong volume. Target $2,724 or higher. Thursday (Jan 23, 2025): Position Adjustment Institutional Play: Rebalancing near $2,702-$2,709 ahead of Friday’s PCE. Friday (Jan 24, 2025): Explosive Move Key Event: Core PCE Inflation Data (US Session). Institutional Play: High-volume breakout or dump based on inflation data. ------- Trading XAUUSD Like an Institutional Shark 1. Understanding the Institutional Game Plan Institutions don’t chase price. They operate strategically, targeting retail liquidity through fakeouts, stop-hunting, and volume manipulation during specific sessions. Their objective is to accumulate positions at the best possible price by engineering traps for retail traders. Understanding these tactics is crucial to trading with institutions, not against them. How Institutions Operate: Liquidity Hunting: They identify areas where retail traders cluster stop-losses (e.g., below $2,683 or above $2,709) and sweep those zones. By triggering stops, they create momentum to fuel their positions. Session-Based Execution: London Session: Known as the "trap-builder" session. Institutions set up fakeouts and liquidity sweeps, preparing for larger moves. US Session: The "execution phase" where institutions unleash high-volume moves, often during major economic news releases. Volume as a Weapon: Institutions use volume spikes to confirm real breakouts or fake them with low volume. 2. The Key Levels and Zones for XAUUSD Throughout the analysis, two critical price levels emerged repeatedly: $2,683 (VAL/Support Zone): A key support zone where institutional buyers often accumulate positions. Institutions sweep below this level to trap retail longs before reversing price higher. $2,709 (VWAP Upper Band/Resistance Zone): A resistance zone frequently targeted by institutions to trap retail shorts. Breakouts above $2,709 are often engineered during the US Session to squeeze shorts. 3. Timeframes and Session-Based Trading To trade XAUUSD effectively, traders need to use the right timeframes for volume analysis and trend confirmation. Institutions operate across multiple timeframes, and aligning your strategy with theirs is essential. Timeframes for Analysis: 1-Hour (H1): Institutional Volume and Trend Confirmation H1 is the go-to timeframe for spotting institutional volume spikes and major trends. Use H1 to confirm breakouts or fakeouts at critical levels like $2,683 or $2,709. 30-Minute (M30): Session Context and Liquidity Zones M30 helps identify session-wide trends and liquidity sweeps. Use M30 to confirm whether institutions are accumulating or distributing positions. 5-Minute (M5): Precision Entries and Liquidity Sweeps M5 is best for real-time entries after liquidity sweeps or retests. Use M5 to confirm reversals at key levels like $2,683 or $2,709. 15-Minute (M15): Clean Signals and Mid-Level Confirmation M15 strikes a balance between precision (like M5) and context (like M30). Use it for smoother retest confirmations if M5 is too noisy. Session-Based Trading Strategy: London Session: Institutions set liquidity traps by sweeping key levels. Look for weak volume breakouts or dips to identify fake moves. US Session: High-volume execution occurs during the US Session, often aligning with economic news. Follow breakouts with volume confirmation for real institutional moves. 4. How to Watch Volume Like a Hawk Volume is the key to differentiating between institutional moves and retail traps. Here’s how to watch it across timeframes: On H1: High volume = Institutional involvement. Low volume = Retail-driven fakeouts. On M30: Use volume to confirm session trends and validate key levels like $2,709. On M5: Look for volume spikes during liquidity sweeps and reversals at key levels. 5. Waiting for the Retest Most retail traders chase breakouts, but institutions know this and use it to their advantage. The retest is where you make smarter trades: Why Wait for the Retest? Breakouts without retests are often fake. Retests with rising volume confirm institutional intent. How to Execute Retests: Use M15 or M5 to watch how price reacts to a key level after a breakout. If price bounces with strong volume, enter in the direction of the breakout. 6. Avoiding the Herd: Stop Placement Strategy Retail traders often place their stops in predictable locations, such as just below support or above resistance. Institutions target these clusters to create liquidity for their trades. Where NOT to Place Stops: Below $2,683: Sharks will sweep this zone. Above $2,709: A classic retail stop-loss trap during breakouts. Where to Place Stops Instead: Place stops wider than retail traders. For example: Below $2,675 instead of $2,683. Above $2,724 instead of $2,709. Use H4 to identify broader liquidity zones for stop placement. 7. Combining Timeframes: The Fusion Strategy Instead of choosing between M5/M30 (your strategy) and M15/H1 (mine), the solution is to combine them for optimal results: Step 1: Use H1 for Institutional Intent Check H1 for volume spikes and major trend direction at key levels. Example: If H1 shows a volume spike at $2,709, it’s likely a real breakout. Step 2: Use M30 for Session Context Watch M30 for session-wide liquidity sweeps and trend validation. Example: If M30 shows consolidation near $2,709 with low volume, it’s a trap. Step 3: Use M5 for Precision Entries Drop to M5 for exact entries after confirmation on H1/M30. Example: Wait for a retest of $2,709 on M5, then enter after the bounce. Optional Step 4: Add M15 for Clean Signals If M5 feels too noisy, use M15 to confirm entries with less volatility.
FX:XAUUSD
by ICHIMOKUontheNILE
Micro Copper Futures Headed to ~6 dollarsThe daily chart should be headed to ~5 and then ~6 dollars give or take. It already has a confirmed double bottom that is currently re-testing its neck after reaching the top of the larger wedge here and getting stopped there. If LTFs moves down to re-test 4.27 or even a pullback below it around the EMAs occurs, and these levels are held or reclaimed as supports, that would be a successful re-test of the double-bottom's neckline. That double-bottom's initial target would lead to a breakout of the larger wedge, after a failed breakdown (making it more likely already). A daily wedge break targets $5.97 as its initial take profit target, around $5.14 as the halfway point towards it. Good luck!
COMEX_MINI:MHG1!Long
by dudebruhwhoa
Bitcoin & Gold: Weekly Options Trading Recap Gold: 🌟 The entire past week saw a positive trend in gold trading, characterized by a continuous accumulation of vertical call spreads targeting $2925-$2950. On Friday, higher targets around $2990-$3000 were added, with expiration in August of this year. The sentiment remains positive. However, volatility increased last week and remains at a relatively high level, indicating potential turbulence in the precious metals market. Bitcoin: 💰 Interesting portfolios aiming for $120,000-$140,000 have been observed in Bitcoin trading. These portfolios emerged on January 16 when Bitcoin was around $99,000. Within a couple of days, Bitcoin surged by 6.8% and broke the previous high around $102,500.
COINBASE:BTCUSDLong
by ClashChartsTeam