GOLD- Levels for Monday 6th- Friday 11th JanuaryHope this benefits you guys. This is not typical S&R or S&D. These levels are based on volume profile and really powerful. NOTE, don't treat these levels as buy and sell points. You will still need to have context behind your trade and use these levels as a reference point. one of the strategy I use is, volume profile along with cumulative delta and footprint. Look for shift in value, delta divergence etc. and when price reaches one of those levels, use footprint for entry. Bottom line is, you have to have context behind your trade. Without context, you are hunting in the dark. Have fun and enjoy
Commodities
GOLD Will Go Higher From Support! Long!
Please, check our technical outlook for GOLD.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,639.504.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,649.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 28.654 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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Fiat Hunger Games: May the Worst Currency Win! Picture this: Fiat currencies are in a brutal marathon... but instead of crossing the finish line, they're tumbling headfirst into a pit of gold. 💸💥
Gold vs. USD, CAD, AUD, NZD, ZAR, INR —and the results are in: everyone’s losing. Some faster than others. Spoiler alert: AUD and NZD are nose-diving like they’re auditioning for the next Fast & Furious movie. Meanwhile, the USD is barely holding its head above water. 🟢
But here’s the kicker: while your dollars, rupees, and loonies are playing "How Low Can You Go," guess who’s quietly laughing all the way to the vault? Russia and China. 🤫
With 1,684 and 1,811 tons of gold stockpiled, they’re not just buying bars—they’re buying insurance against a crumbling fiat system. 🏦✨
And let’s be real—if the world’s biggest players are hoarding gold like it’s a Black Friday deal... what does that say about your hard-earned cash?
Time to ask yourself: Are you in the right race? Or are you sprinting alongside fiat currencies into the abyss?
Gold doesn’t race to the bottom. It’s the finish line. 🏁 #GoldStandard #FiatCollapse
Gold's Potential Movememt in 2025Here is the detailed technical analysis of OANDA:XAUUSD
1. Key Levels and Chart Structure
- Resistance Zones (red boxes): There is a significant resistance zone highlighted around $2,720–$2,740. This is an area where the price has previously struggled to break through, indicating strong selling pressure or profit-taking.
- Support Zones (green boxes): The key support levels are marked near $2,580–$2,600. This area has been tested multiple times in the past, showing buyers stepping in and defending this zone.
2. Chart Pattern
- Symmetrical Triangle: The white lines outline a symmetrical triangle pattern. This indicates consolidation and a potential breakout, either upwards or downwards, as the price nears the apex of the triangle. Triangles often lead to sharp price movements as traders anticipate a resolution.
3. Potential Scenarios
Scenario 1: Bullish Breakout (green path)
- If the price breaks above the resistance zone near $2,720, we could see a bullish rally.
- The price might retest the breakout level before heading higher towards $2,760–$2,800. This aligns with the continuation of the prevailing uptrend from earlier in the chart.
- A breakout above the symmetrical triangle would signal strong buying momentum, supported by increasing volume during the breakout.
Scenario 2: Bearish Breakdown (red path)
- If the price fails to hold the triangle's lower boundary and the key support zone near $2,580, a bearish breakdown is likely.
- This could lead to a sharp decline, targeting levels around $2,520 and potentially further towards $2,480.
- Such a move could be triggered by strong selling pressure or macroeconomic factors unfavorable to gold, such as a strengthening U.S. dollar or rising bond yields.
4. Volume Analysis
- The volume seems to be decreasing as the price moves within the triangle, which is typical for such consolidation patterns. A significant increase in volume during the breakout or breakdown would confirm the direction of the move.
5. Trading Implications
- For a bullish breakout, traders might consider entering long positions above $2,720 with stops below the triangle and targeting $2,760 or higher.
- For a bearish breakdown, short positions could be initiated below $2,580, with stops above the triangle and targets near $2,520 or lower.
- Risk management is essential, especially in volatile market conditions like this.
This analysis is based purely on the technical chart setup and does not account for any fundamental factors or news events that could influence gold prices. It would be wise to monitor any upcoming economic reports or geopolitical developments that might impact gold's movement.
XAUUSD opportunity for dip buying.Gold is trading inside a Channel Up with the current sequence being the bearish wave.
It is already below the 0.5 Fibonacci level and we expect it to dip at a maximum of 0.786 Fib, which is where the MA200 (1h) is expected to support.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2665 (Resistance 1).
Tips:
1. The RSI (1h) is about to hit the 30.00 oversold limit. This is an additional buy signal.
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Caledonia Mining $CMCL - Breaks of Support Lines are a concernI must admit a bit of anxiety, concerning my earlier enthusiasm with regards to the Chart for a favorite Company... Recently, I re-entered a Position in this fine company ... only to watch it continue to break support levels, I've plotted (the Yellow lines). AMEX:CMCL just broke the lowest support line that I could plot (Green line). So, I'll buy it once more at the Pink (ATTENTION!) line; and then, I'm done...
SILVER BEARISH BIAS|SHORT|
✅SILVER made a bullish
Rebound from the support
Level below at 28.77$ just
As I predicted in my previous
Analysis but the price has
Retested a horizontal
Resistance level of 29.90$
So we are locally bearish
Biased and we will be expecting
A local bearish correction
SHORT🔥
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Oil Bulls Go for the Break into Yearly OpenOil prices are threatening a major breakout here after clearing resistance yesterday at the objective 2024 yearly open near 72.14 .
The focus is on todays close with respect to the 61.8% retracement at 73.90 . A daily close above would keep the focus on a possible rally towrads the 78.6% retracement at 75.89 and the October high-close at 77.25 - note the highlighted slope confluence (look for a larger reaction there IF reached).
Initial support back at 72.14 with bullish invalidation now raised to 71.02 .
MB
Gold Roadmap==>Short-term!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) .
According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction .
I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) .
⚠️Note: First, Short position, then Long position.
⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute 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.
XAUUSD chart patternThis market analysis is relative to the chart pattern and market structure
we expect gold to sink to the 2640's and thereafter, a pullback is expected. The long term analysis of xauusd is bullish as we're on a yearly and monthly retracement.
we should see gold aim for the top trend line, further updates concerning the market would be posted
The Golden Journey: Historic Milestones and a Glimpse into 2025Gold Price Analysis: A Historical Overview and Future Outlook
Gold has always played a crucial role as a safe-haven asset during periods of economic uncertainty. Over the years, its price movements have been shaped by various global events. Let’s take a step-by-step look at the key historical moments and their implications for the future.
[ b]Historical Highlights:-
March 2008: Financial Crisis Escalation
Gold prices surpassed $1,000 per ounce for the first time, driven by the Global Financial Crisis.
Key Factors:
- The collapse of Bear Stearns fueled fears of systemic financial instability.
- Aggressive Federal Reserve rate cuts weakened the U.S. dollar, increasing gold’s appeal.
Impact: Gold surged as a safe-haven asset during one of the most critical financial crises of the modern era.
October 2008: Global Financial Crisis Peak
Gold prices dropped to $681 per ounce initially due to forced liquidation but rebounded later, stabilizing around $730-$800 per ounce.
Key Factors:
- Forced selling to meet margin calls during the crisis.
- Central banks introduced aggressive interventions, including interest rate cuts, to stabilize the economy.
Impact: Despite short-term declines, gold regained its safe-haven status as market uncertainty persisted.
Profits and Losses of New York Stock Exchange Broker-Dealers 2000 to 2008:
Cost of the 2008 Financial Crisis :
August 2011: All-Time High Amid Global Economic Uncertainty
Gold reached a record high of $1,917 per ounce amid the U.S and Eurozone debt crisis and concerns about the U.S. economy.
Key Factors:
- Investors were concerned about the U.S. economy after the S&P downgrade of U.S. credit from AAA to AA+ earlier in August.
- The 2011 U.S. Debt Ceiling Crisis was one of a series of recurrent debates over increasing the total size of the U.S. national debt.
- Safe-haven demand surged as central banks maintained low interest rates.
Impact: This period underscored gold's reliability during global economic turmoil.
November 2015: Multi-Year Low
Gold prices dropped to $1,050 per ounce, the lowest since 2010.
Key Factors:
- Expectations of a Federal Reserve rate hike reduced gold’s appeal.
- Low inflation diminished its role as a hedge.
Impact: The decline highlighted gold’s sensitivity to monetary policy and inflation expectations.
August 2020: Record High During COVID-19
Gold hit an all-time high of $2,075 per ounce, driven by the global economic fallout from the COVID-19 pandemic.
Key Factors:
- Massive monetary and fiscal stimulus from central banks and governments.
- Weak U.S. dollar and negative bond yields boosted demand.
Impact: Gold cemented its status as a hedge against both inflation and economic uncertainty.
September 2022: Aggressive Rate Hikes
Gold dropped to around $1,615 per ounce as the U.S. Federal Reserve aggressively raised interest rates to combat inflation.
Key Factors:
- Rising bond yields and a strong U.S. dollar reduced gold’s appeal.
- Geopolitical Uncertainty.
mpact: This period reflected the inverse relationship between gold and rising interest rates.
October 2024: Record Peak
Gold surged to a new all-time high of $2,790 per ounce due to heightened geopolitical tensions and monetary policy shifts.
Key Factors:
- Ongoing conflicts in the Middle East and Eastern Europe.
- Central banks’ easing policies and inflation fears supported the rally.
Impact: This continued gold’s bullish momentum, driven by its safe-haven demand.
Future Outlook for Gold in 2025
Key Expectations:
1. Bullish Momentum to Continue:
- Gold is likely to remain on an upward trajectory, potentially breaking the $3,000 per ounce barrier.
- Geopolitical uncertainty and inflation concerns will continue to drive demand.
2. Consolidation and Corrections:
- Gold may face short-term corrections, with support levels at $2,600-$2,500, before resuming its bullish trend.
3. Critical Drivers:
- Geopolitical Tensions: Persistent global conflicts will boost gold’s safe-haven appeal.
- Monetary Policy: Central bank decisions, especially from the Federal Reserve, will influence gold prices. A pause or reversal in rate hikes will support bullish momentum.
- Inflation Hedge: Rising inflation expectations will sustain demand for gold as a store of value.
Key Levels to Watch:
- Resistance Levels: $2,800, $3,000, and beyond.
- Support Levels: $2,600, $2,500, and $2,300.
Summary:
Gold has consistently demonstrated its value as a safe-haven asset during periods of economic and geopolitical uncertainty. With its recent surge in October 2024 and the ongoing macroeconomic conditions, the outlook for 2025 suggests further bullish potential. However, investors should be prepared for short-term corrections before the continuation of its long-term upward trend.
Gold's remarkable performance over various timeframes highlights its strength:
- In 2024 alone, gold rose by 27.25%, marking a stellar annual performance.
- Over the past 5 years, gold has gained an impressive 79.25%, showcasing sustained upward momentum.
- Over the past 10 years, gold has soared by 121.00%, reflecting its resilience and importance as a long-term asset.
Disclaimer:
The insights and expectations shared in this analysis are based on my personal experience and deep understanding of the market. While these projections are grounded in my expertise, it is important to exercise caution and perform your own research before making any investment decisions. Remember, the market carries inherent risks, and past performance does not guarantee future results.
Gold Price Eyes 2653 Before Expected DeclineGold Technical Analysis
The price is approaching the resistance level at 2,653. A 4-hour candle closing above this level will confirm further bullish momentum, potentially pushing the price toward 2,665.
Alternatively, if the price stabilizes below 2,653, it is expected to decline to 2,636. A 1-hour candle closing below 2,636 will strengthen a bearish trend, targeting 2,623.
Key Levels:
Pivot Point: 2640
Resistance Levels: 2653, 2665, 2678
Support Levels: 2636, 2623, 2603
Trend Outlook:
Bullish Trend: Above 2,653
Bearish Trend: Below 2,636
How much further can gold bulls go?
News analysis:
On Thursday, January 2, spot gold rose slightly in the U.S. market and is currently trading around $2,652/ounce. Gold prices closed up 0.72% on Tuesday at $2,624.28/ounce, helping gold prices rise 27% in 2024, the largest annual increase since 2010, driven by safe-haven demand and interest rate cuts by central banks; however, market sentiment may become more cautious, depending on policy shifts during Trump's second term as president. In addition, the U.S. dollar index hit a two-year high on Tuesday, and the U.S. 10-year yield achieved its best annual increase in two years, and gold was also cautious.
Gold Trend Analysis:
Judging from the current market situation, the technical form also highlights the situation that has stopped the decline and is favorable to bulls. First of all, look at the daily line. Tuesday's dip and rebound trend closed positive on the daily line, but with the piercing of the 5-day moving average and the weakness of the 10-day moving average The downward pressure pattern shows that the short-term resistance is very fragile. In addition, other cycle indicators maintain a bullish arrangement. The Bollinger Middle Rail also extends upward. At the same time, the double lines of the MACD indicator have signs of forming a golden cross again. Therefore, the overall daily line seems that bulls are entering. Take proactive steps. In the 4 hours, after rising in early Asian trading, the current price is still hovering near the upper Bollinger Band. Although the upper Bollinger Band shows a suppressed form, as the short-term moving average moves upward, the lower Bollinger Band also extends upward, so it can be judged that The short-term downside space for gold prices is limited; in addition, the MACD double-line golden cross is in an upward form and has sufficient upward potential. Therefore, the overall 4-hour level can be expected to fall back and the bulls will launch a counterattack again after adjustment.
Operation idea: In day operation, it is recommended to mainly go long on dips, supplemented by shorting highs. For short-term support below, focus on the 2635-2638 area, and continue to look at the 2650-2660 area above. If the bears strongly break through the 2625-2630 area, it means that the market has peaked in the short term, and there is a high probability that the 2610 area will be explored again, or even exist. Possibility of breaking down. For the short-term resistance above, pay attention to the 2658-2660 area first, and try short selling. Focus on the 2666-2668 area during the day.
SPY/QQQ Plan Your Trade: Learning A or B Trading StylesYesterday, after the GDP Now data hit, I received a number of messages related to my SPY Cycle Patterns and how they work in comparison to big news data (like GDP, JOBS, PMI, & Others).
Let me try to explain one simple thing to all of you.
The SPY Cycle Patterns are based on GANN/Fibonacci Time/Price cycles. They DO NOT correlate or predict price movement based on NEWS EVENTS or other extraneous data.
The SPY Cycle Patterns are, in essence, the core price expectations related to time/price cycles WITHOUT EXTERNAL NEWS EVENTS.
They represent what price is likely to do without any big news, economic data, or critical major event taking place to disrupt the Cycle Pattern.
So, it is important for traders to understand what I call the "A or B" type of trade setup.
Price is always attempting to reach new highs or new lows - ALWAYS.
Failure to reach new highs means price must roll downward and attempt to reach new lows. Failure to reach new lows means price must roll upward and attempt to reach new highs.
It is that simple.
Price is always attempting to break above previous critical highs or lows - ALWAYS.
Thus, once you understand this as a basis of price structure/movement, then you can begin to apply more advanced patterns (Fibonacci Price Theory, Excess Phase Peak Pattern, Others) as an additional layer to price structure in an attempt to understand how price dictates all trending/movement.
Now, one must also understand when price attempts to break levels (high or low), it can REJECT at those level (after breaking to new highs or lows). This is what I call a "Washout" pattern.
Rejection happens when a new low or high is reached, but the price FAILS to continue to trend in that direction. For example, if price were to reach a new higher high, then reject, this would be an example that strong resistance exists at/near the previous high level - causing price to FAIL to maintain that new high price level. Thus, I would expect price to move downward after REJECTING at the new high levels (see above).
The reason I'm trying to teach you these price concepts is because I want you to learn to make better decisions - not learn to just "follow along". You have to learn to understand price and understand how price moves related to opportunities.
That is what trading is all about - anticipating price moves because of what you are able to discover on a price chart.
Get some. Happy Friday.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
It jumped 40$, continue to buy todayGold ushered in a strong upward trend on Thursday, breaking through the resistance formed by the weekly moving average in one fell swoop, breaking through 2638 and 2646 in succession, and standing firmly above multiple moving averages at the daily level, showing a strong short-term upward momentum. Gold is now continuing to be strong, waiting for opportunities to buy in the Asian session.
The 1-hour moving average of gold has now formed a golden cross and diverged upward. Gold continued to rise after falling to 2636 in the US session yesterday. Gold continued to buy on dips at 2636. Gold is now constantly setting new highs. Gold bulls are strong, waiting for a decline to continue to buy. You can enter the market first when it falls back to around 2645.
First support: 2650, second support: 2641, third support: 2628
First resistance: 2668, second resistance: 2676, third resistance: 2690
Trading strategy:
BUY: 2648-2646
SELL: 2676-2678
Gold Spot (XAU/USD) Technical Analysis: Potential Decline to KeyThis analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas.
Key Highlights:
Corrective Wave Structure and Key Resistance:
The recent upward correction appears to have completed near the resistance zone of $2638–$2655, aligning with the 38.2% and 50% Fibonacci retracement levels.
The condition for further decline is the inability to close a daily candle above this resistance zone. Failure to break this level increases the probability of continued bearish movement.
Andrews' Pitchfork:
The price is clearly moving within the Andrews' Pitchfork, which illustrates the overall bearish direction of the market.
Price action at the median and outer lines of the pitchfork will determine the next move.
Key Support Levels:
The first major support level is at $2545, which could act as a short-term target.
If selling pressure persists, the price may drop further to the next significant support at $2495, completing the anticipated C-wave.
DT Oscillator:
The downward turn in the DT Oscillator provides confirmation of continued bearish momentum.
This bearish signal, combined with failure to break the key resistance zone, increases the likelihood of a move toward the identified support levels.
Potential Scenarios:
Bearish Scenario:
If the daily candle fails to close above the $2638–$2655 resistance zone and the DT Oscillator maintains its bearish signal, the price is likely to decline toward $2545 and potentially $2495.
Bullish Scenario:
A close above the $2638–$2655 resistance zone, coupled with a bullish turn in the DT Oscillator, could indicate a potential trend reversal and a move toward higher levels, possibly $2700+.
Conclusion:
Based on Andrews' Pitchfork, the key resistance zone, and the signals from the DT Oscillator, Gold Spot is at a critical juncture. If the resistance holds, the price is likely to decline toward the $2545 and $2495 support levels. Traders should closely monitor the price reaction to these levels and momentum signals for potential setups.
Feel free to share your thoughts or questions in the comments, and don’t forget to follow me for more detailed analyses like this!
HelenP. I Gold will reach resistance level and then start fallHi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and dropped to the resistance zone, which coincided with the resistance level. Then price some time traded near this level and then tried to grow, but failed and continued to decline, breaking the 2640 level. Then it fell to the support level, and even a little below, after which some time traded and then broke the 2600 level and started to grow. Firstly Gold rose almost to resistance level, but then made small corrections and then continued to move up. Some time later price rose to the resistance zone and tried to rise to the resistance level, but failed and when it touched the trend line, the price dropped to the support level. After this movement, Gold rebounded and in a short time rose to the trend line and even broke it. At the moment, I expect that XAUUSD will rise to the resistance level and then start to decline to the support level, breaking the trend line again. For this case, I set my goal at 2600 level. If you like my analytics you may support me with your like/comment ❤️