Gold (XAU/USD) Analysis – 4-Hour Timeframe Date: January 2, 2025Gold (XAU/USD) Analysis – 4-Hour Timeframe
Date: January 2, 2025
Technical Overview:
Gold (XAU/USD) has shown significant bullish momentum on the 4-hour timeframe, breaking above its previous resistance zone of 2645. This breakout indicates potential for further upside movement, with key targets outlined in the upcoming sessions.
Potential Scenarios:
Upside Target
The price is likely to aim for the range between 2685 and 2690 over the next 24–48 hours. This zone represents a significant resistance level, making it a critical area for observation.
Retest of Support Zone
Prior to a continuation of its bullish trend, the price may retest the 2655–2645 support zone. Such a retest could offer a low-risk entry for buyers, provided the zone holds strong and shows a rejection to the downside.
Key Strategy for Traders:
Multi-Timeframe Analysis:
Before taking a position, switch to a lower timeframe (e.g., 15 minutes or 30 minutes) to assess the structure and ensure a clean entry. Look for signs of a change of character, such as strong bullish candles or a rejection wick, to confirm the upward move.
Low Drawdown Entry Points:
Identify entry points where potential drawdown is minimal. This approach reduces risk while maximizing reward potential. Waiting for the price to consolidate or retest support before entering can improve the likelihood of a successful trade.
Risk Management and Discipline:
Use proper risk-to-reward ratios to manage capital effectively.
Avoid impulsive trades and focus on clear signals. Making no money is better than losing money.
Final Thoughts:
The overall trend suggests high probabilities for an upward continuation. However, patience and confirmation are key. Conduct thorough analysis before taking any long position and always prioritize protecting your capital.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Use your own expertise and strategy to make trading decisions.
Commodities
Gold BULLISH SCENARIO .read description .gold View for BULLISH SCENARIO . might be the next ATH ?
going to sweep the marked tops by closing above 2627.3
then we expecting a retrace around 2664 .
based on what we get on the way we will update the view .
but overall closing above 2715 for few days should take us to ATH as shown in prev idea .
(( this is only for BULLISH SCENARIO )) - for bearish one if we closed below the last low 2540 we going down deep 2471 .
Analysis of the latest trend of gold market:Analysis of the latest trend of gold market:
Analysis of gold news: At the end of the U.S. market on Tuesday (December 31), spot gold fluctuated and rose, currently trading around $2,624.57/oz. The price of gold fell 0.6% in quiet trading on Monday. It fell below the 2,600 mark to US$2,595.98 per ounce during the session, and closed at US$2,605.62 per ounce, below the key position near the 100-day moving average of 2,619. The U.S. dollar index once hit a new weekly high, keeping gold prices under pressure. Press. However, most traders awaited new catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook in 2025, as well as incoming President Trump's policies.
Market participants will focus on upcoming U.S. economic data to assess whether the economy is slowing, allowing the Fed to continue to cut interest rates. Earlier this month, Federal Reserve Chairman Jerome Powell said U.S. central bankers "will remain cautious about further cutting interest rates." This statement came after the expected 0.25 percentage point rate cut in December. Despite quiet trading this week, traders will be watching next week's U.S. job openings data, the ADP employment report, the minutes of the Federal Reserve's December Federal Open Market Committee (FOMC) meeting, and the U.S. employment report, which could provide important clues about the health of the world's largest economy. Looking ahead, the factors supporting gold prices in 2024 remain - central banks continue to buy gold to diversify their reserves, and continued interest rate cuts in the United States support investment demand. In 2024, gold prices have risen by about 27% and hit an all-time high of $2,790.15 on October 31. As Trump prepares to return to the White House in January 2025, the market is preparing for major changes in U.S. policy in 2025, including potential tariff adjustments, deregulation and tax changes. Gold is seen as a safe-haven asset against economic and geopolitical turmoil.
Gold technical analysis: Gold still repeatedly rose and fell as expected. The energy of yesterday's rebound was somewhat strong. So far, it has not refreshed yesterday's low, which means that this situation of gold will continue, but there will not be a surge in the market. The market is closed today, and the trading volume yesterday was relatively sluggish, so shock is still the main trend at the moment! However, the market does not last, and it does not strongly break through the 2628 rebound position on Monday and fall back under pressure, so gold is still in a weak market, and gold is still under the control of short sellers. Then gold is still in a weak market, and gold is still under the control of the bears. The market is changing rapidly.
Since the gold bulls can't go up, it means that the gold bulls are still powerless, and the gold rebound still continues to give opportunities to the bears. On the whole, the short-term operation strategy of gold on Thursday is recommended to rebound shorting as the main, and callback longing as the auxiliary.
Gold operation strategy:
1. When gold rebounds, sell short at the 2632-3635 line, cover short positions near the rebound at 2640, stop loss at 2647, target the 2610-2605 line, and look at the 2598-2600 line if the position breaks;
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day the charts with our chart idea playing out in usual fashion.
After completing our bearish target on our last update, we stated that price was heading towards 2629 to complete the Bullish target that was left short by a few pips previously.
- 2629 bullish target was hit perfectly followed with ema5 cross and lock opening 2655. This target is now also complete, which gave plenty of time from confirmation to getting hit .
We will now wait for a cross and lock above 2655 for further continuation or failure to lock above will see price reject and find support at the lower Goldlturns for a reaction.
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
2629 - DONE
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655 - DONE
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600 - DONE
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2519 - 2486
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!
Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!!
Mr Gold
GoldViewFX
Follow up on the current strategy I employed for XAUUSDAs mentioned in previous post, I tried to keep it simple and further trust and learn the system I currently uses. From my perspective, one should trust their system, the most lethal of technical aspect is not fully understanding the potential of your system.
Trade results from my recent buy bias for XAUUSD.
Volume, Trend, Impact - determine these areas and you will surely get as much higher percentage of winning.
CL - Crude Oil confirmation and unwritten potentialHi guys, we are following up with probably one of our favourite assets to participate in. You guessed it right it's CL. Currently the Crude Oil is sitting in a very specific range , which has been traded since late August , until the end of October where we saw a big spike and got out of boundaries due to the escalation in Iran and Israel, of which after the cooling off we got back into the range of 73.00 as a strong resistance line , and 67.00 as a strong support. This range has made a lot of traders stay away from CL, but I do believe that there is potential to be caught.
Current analysis and entry :
Entry today at a level of 68.90 , with two targets of take profit :
Target 1: 71.52
Target 2: 72.92
Now this is the bold move if you don't want to miss out on the current opportunity and your Risk Tolerance is on the higher end.
If you want to be more protective and your Risk Tolerance is on the lower side, you can get a Pending Order at the level of 66.61 , and then enter 3 follow up targets
Target 1: 68.50
Target 2: 71.05
Target 3: 72.45
P.S. My current opinion is to go with a current entry because the missing out of opportunity is too high ,hence we are seeing more tensions in Israel&Gaza conflict, additionally the tightening of the situation in Ukraine&Russia adds more Fundamental Value, towards a swing on an upside of the Crude Oil.
Do let me know in the comments below or in my community what is your thought process and opinion about our favourite Black Gold!
Happy Trading!
WTI OIL Break-out or rejection strategy.WTI Oil (USOIL) gave us an excellent buy signal last time (December 27, see chart below) that produced a Bullish Leg straight to our $72.80 Target:
The price is right now above Resistance 2 and almost at the top (Higher Highs trend-line) of the Channel Up. Having completed a +6.65% rise (which was the previous Bullish Leg), it is now highly likely to start seeing a reversal to a Bearish Leg. Especially since the 1D RSI is testing the October 07 2024 High.
As long the price gets rejected below the top of the Channel Up, we will be bearish, targeting $70.50 (above the 0.618 Fib and the 1D MA50). If the price breaks and closes a 1D candle above the Channel Up, we will take the small loss and switch to a buy, targeting the 1D MA200 (orange trend-line) at $75.15.
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Gold Trend Analysis and Free SignalsDon't chase the rebound high easily now. Continue to short the Asian session rebound. The 4-hour moving average of gold is still in a downward dead cross. The resistance of the gold moving average has now moved down to around 2645. As long as gold does not break through the upper resistance of the shock, it will continue to be short. Gold has been under pressure near 2640 and has fallen back many times. If there is no strong breakthrough above 2640, gold may still be blocked and fall back.
First support: 2620, second support: 2613, third support: 2605
First resistance: 2638, second resistance: 2645, third resistance: 2653
Trading strategy:
BUY: 2619-2617
SELL: 2638-2640
SPY/QQQ Plan Your Trade For 1-2-25 : Inside Pause PatternToday's pattern suggests the markets will stall a bit after the overnight reversion move.
If you were following my research, you already knew I was expecting the markets to rally a bit over the past 3-5 trading days. But that didn't happen as the low liquidity end of year trading prompted another downside price event.
In my opinion, this was all due to a lack of market liquidity. When there is very low liquidity, the MMs can move price more easily as the number of buyers and sellers drops (creating a wider price spread). It is also the type of market environment where FLASH CRASH types of events can take place.
Now that we are into early 2025, liquidity will deepen (more active traders) and this will result in a possible reversion event (upward) in price leading to the Inauguration event (IMO).
Just like I've been suggesting over the past 2-3+ weeks.
Gold and Silver are recovering nicely. I believe Gold and Silver will move back towards their recent highs over the next 30+ days.
Bitcoin is still struggling just below $100k, but I believe the ultimate move for Bitcoin will be a retracement to the downside before finding support near $72k and then starting a bigger rally above $120k.
In 2025, I've made a commitment to do more to help more traders. I'm working on new TIMING tools to assist in developing better analysis for everyone. If this research/work plays out well, I'll try to make these new tools available to everyone.
Remember, trading is all about managing capital, expectations, and risks. If you are still struggling with your trading - follow my research and learn how to time/execute better trades.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Silver Short Setup: High-Probability Sell Targeting SSLFollowing the HTF bearish bias, silver is presenting a high-probability short setup. Price has respected both LTF and HTF Fair Value Gaps (FVGs), aligning with the overall downtrend. Additionally, the 30 MA has been decisively broken, adding confluence to the bearish narrative.
Key Points:
- HTF bearish bias confirmed with respect to FVGs on multiple timeframes.
- Price broke below the 30 MA, signaling a shift in momentum.
- High-probability sell setup targeting previous day’s low, where sell-side liquidity resides.
- Equal lows (EQL) observed at the target level, increasing the likelihood of a liquidity sweep.
Trade Idea:
- Entry: Around 29.30 after price confirms rejection from FVGs.
- Target: Sell-side liquidity at 28.78 (previous day’s low).
- Risk: Ensure proper risk management with a stop loss above the FVGs for protection.
- The setup aligns perfectly with ICT principles, leveraging liquidity sweeps and fair value gaps for high-probability entries. As always, DYOR before taking any trades.
DYOR :)
Is silver about to go BONKER!!??Good Day, Fellow traders and followers,
IS SILVER ABOUT TO TO GO BONKERS?!?!?!?
This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!!
First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's actually the handle of the GIANT 40 YEAR cup and handle it has been in. The green lines are the support and resistance areas. Also I have added what seems to be a pattern of 50 bars bottom consolidation that does also happen to resemble a Wyckoff a pattern before a break out.
Lets move on to the indicators
RSI - I have drawn in a support band for the silver RSI. IT really likes the 46, 50 to 55 level before a break out. Going below here is either very bearish or the best buy in bull market.
STOCHASTIC RSI - has had a massive cross recently on which chows momentum coming in to this market.
RSI 3 LINES - WOW!! This looks like a serious power play for silver, ever since the RED line crossed down through the GREEN, it found support on the blue and turned right back up in big way!! Also it look like the BLUE could follow suit very soon which would confirm bullish movement for this asset as all the colors would be aligned.
THE LAZY BEAR - This one is kind of a no brainer. Breaking out above and holding the 0 level usually leads to big moves higher!!
ASO (SENTIMENT) - It looks like there is a 50 bar pattern here and within it could be another 12 bar pattern right before a break out.
Please keep in mid every bar is monthly, so what might seem like a small pattern could be a year long.
I want to add, I do believe there is a fairly substantial move coming to silver. I'm not sure where it would be going to0, however I do know that the last true resistance is at aprox $35 usd Getting above that on a monthly level could or should lead to NEW ALLTIME HIGHS in short order well above $50 usd to possibly $70 to $80 before a correction. Any Correction at that point would be considered a buying opportunity !!
Please like and share this chart to all silver lovers!
Also, any questions or comments are welcome down below!!
Kind Regards,
WeAreSat0shi
XAUUSD Forecast: The Bulls Are Gaining Momentum!
We're seeing some impressive price action on XAUUSD! 📈 The market is currently respecting a strong 4H trendline, showcasing the power of the ongoing bullish momentum. The technicals are aligning, and the market seems poised to continue its upward push.
Keep an eye on this setup—it’s looking like an excellent opportunity for those riding the trend! Don't miss the chance to capitalize on the next move. 💰
Crude Oil January Futures: Bullish Option Trade SetupBuilding upon my prior analysis, where I held a bearish outlook on Crude Oil January Futures , I now present a contrasting bullish perspective. While I had previously emphasized the confidentiality of the stop-loss level for short trades, this setup focuses on a call option strategy aligned with my expectations of upward momentum in the market.
For this trade, I have chosen the 6000 strike call option . The optimal entry point for this position is below ₹234.20 , providing a favorable risk-reward ratio. As of this writing, the current market quote (best offer) stands at ₹186.00 , offering an attractive entry opportunity for bullish traders.
My target for this position is set at ₹468.40 , which I anticipate achieving by the contract's expiry on 15th January 2025.
Key Notes:
This trade is based on my personal analysis and market perspective.
It is important to emphasize that this is not a trade recommendation for the public.
The stop-loss level remains confidential and forms an integral part of my risk management approach.
Disclaimer:
Trading in options and futures involves significant risk and may not be suitable for all investors. This analysis is solely my personal view and is shared for informational purposes. Perform your own due diligence or consult with a financial advisor before making any trading decisions.
RBOB post tariff structure and range to take advantage of!Hi guys today we are starting off with RBOB , which has been quiet for the past month and it has been trading in a structured range between 2.05 as a high resistance and 1.92 / 1.94 as strong support. As of today we are currently sitting at the given support line of 1.92 and the latest news which came from President Trump that he will impose tariffs on Canadian and Mexican Imports , which would probably impact and touch the Oil Industry. The U.S. imports 4M barrels of Crude Oil every single day from Canada and around 900-1M barrels of Oil Crude Oil from Mexico. These tariffs would definitely touch the consumer as a long term which would give us a boost into the overall demand / supply play around the prices of Petroleum Products.
Current entry RBOB (Gasoline)
1.9300 entry level, with two separate targets.
Target 1: 1.9755
Target 2: 2.0310
The strategy can be repeated after the targets are touched with a patient retracement of the lower support line and input similar targets.
GOLD WANNA FALLING ONCE AGAINAs i published an idea that gold will fall, and gold fall my entry was at 2637, stop loss was 2651 and target was 2585, but that setup gave us 450 pips.
Now I'm back with another idea, my idea is gold will fall when it touches the price 2632.80
Lets see what will happen. Gold moving crazy since last week its moving up and down.
ENTRY POINT : 2632.80 at the area of OB H1.
STOP LOSS : 2641.40 and Target is 2611.50
PLEASE USE STOP LOSS AND TP ON YOUR EVERY TRADE. DONT FORGET TO SHARE YOUR IDEAS ON THIS POST, PLEASE SHARE YOUR IDEAS.
STAY TUNE FOR EVERY UPDATE.
GOOD LUCK EVERYBODY.
XAUUSD:2/1 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2660, support below 2580
Four-hour resistance 2640, support below 2600-2580
Operational suggestions: The current price of gold on Thursday is around 2635. On Tuesday, the bulls bottomed out and rebounded strongly in the volatile trading. The US market stepped back and tested twice, and stabilized at the 2605 mark and continued to rebound. The US market accelerated to break through the 2620 mark and closed strongly. The daily chart rose strongly and engulfed. The overall gold price stabilized at the 2595 mark in the short term, continuing to fluctuate widely. In the short term, it still failed to break the recent oscillation pattern.
From the 4-hour analysis, we continue to pay attention to the short-term support of 2608-10 below, and pay attention to the important suppression of 2640 above. The operation is mainly to step back and do more, and wait patiently for key points to enter the market.
BUY:2627near
BUY:2618near
SELL:2640near
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
XAUUSD_1W_BuyAnalysis of gold in the long term In Time Weekly, the market is in an upward trend, and in terms of Elliot waves, we are in the correction wave of May 4. The price floor and the main support of 2025 is 2464, and by maintaining the high price of this number, we buy gold for the numbers and target of 3000 and 3300 dollars.
WHERE GOLD WOULD GO NOW?GOLD currently move higher in the first day of 2025, continuing the uptrend momentum from the end of last year and now traded at 2634. Fundamentally, CME FED Watch Tools still eyeing for two cut rate this year and this could boost GOLD a little bit higher or make a wide-range sideways movement. Technically, i see GOLD still in a sideways condition now with smaller range than before.
I use 2667 - 2671 level as a key level for GOLD to continue it's uptrend and 2605 as a key level to continue it's downtrend. I will give update if there's something different than my current technical analysis
WTI Oil D1 | Potential bearish reversalWTI oil (USOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 72.17 which is a swing-high resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 73.60 which is a level that sits above a pullback resistance.
Take profit is at 69.21 which is a swing-low support.
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