Gold trading zones: 20-Feb-2025Good morning dear traders: Explore today's Gold trading zones and enhance your market knowledge.
Commodities
Gold NEW ATH to $2,954?! (1H UPDATE)Congrats to anyone who took the buy last night. Gold prices are now up 200 PIPS in profit since I called it live last night!
Wave 5 of Gold is in full effect & on its way towards a new ATH of $2,954🚀
GOLD Set to make new Highs before the week ClosesI was looking for a bigger pullback but we didnt get it. The way price is moving and based on the FOMC news I think the pull back is over and price is ready to continue bullish. We just came into the killzone and things look like they are lining up. Trailing stop along the way.
XAUUSD - Gold, no competitors!Gold is located in a 2 -hour timeframe, above EMA200 and EMA50 and is on its uptrend channel. Gold reform to the demand range will provide us with a good risk position for us.
According to Tom Stevenson from Fidelity International, gold remains resilient despite challenges such as high interest rates and a strong dollar, continuing its march towards the $3,000 mark. However, while these fundamental factors persist, he believes that silver could be a more attractive investment option in the future.
Stevenson notes that gold prices have increased tenfold since 2000 and have surged by over $1,000 since late 2023. Yet, he argues that fundamentally, gold should not be this expensive.
He explains: “Historically, precious metals tend to underperform when interest rates rise. This is because, unlike bonds, stocks, cash, or real estate, gold does not generate income for investors. When other assets offer appealing returns, there is less incentive to hold onto what economist John Maynard Keynes once referred to as the ‘barbarous relic.’ This situation remains true today, yet gold continues to set new record highs.”
Stevenson also believes that gold should benefit from a weaker dollar. He states: “Since gold is priced in U.S. dollars, when other currencies strengthen against the dollar, their purchasing power for gold increases.Conversely, when the dollar strengthens, global demand for gold should decline. However, despite Trump’s policies reinforcing the dollar, gold remains on an upward trajectory.”
He concludes that this signals something important to the market: “Gold’s performance suggests that not everything is as stable in the world as some may think. It indicates investor concerns, and history has shown that ignoring gold’s signals during times of uncertainty is a mistake.”
Stevenson further emphasizes that central banks around the world are taking steps to hedge against risks. Since the onset of the Ukraine war and subsequent sanctions, countries like Russia, China, India, and Turkey have increased their gold purchases in an effort to reduce their dependence on the U.S. dollar. He points out that gold has long been recognized as a valuable store of wealth and a diversification tool, as it carries no credit risk unlike paper currencies. According to him, central bank gold purchases in 2024 have surpassed 1,000 tons for the third consecutive year.
Meanwhile, Elon Musk, the world’s richest man and head of the Department of Government Efficiency (D.O.G.E), has shared memes resurfacing old conspiracy theories regarding the status of the U.S. government’s gold reserves at Fort Knox. In response, a prominent politician seized this rare opportunity to call for greater transparency.
Senator Rand Paul, a Republican representative from Kentucky, replied to one of Musk’s posts advocating for an annual audit of Fort Knox, writing, “Let’s do it.” So far, no evidence has surfaced to support Musk’s theory of missing gold, but the status of these reserves remains highly classified.
GOLD Is Going Up! Buy!
Take a look at our analysis for GOLD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,953.88.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,994.97 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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XAU/USD Short Trade Setup – Bearish Rejection from ResistanceGold is showing **signs of weakness** near the **$2,903 - $2,863** resistance zone, which aligns with the Fibonacci retracement and previous price action. This setup favors a short position, aiming for a deeper retracement.
### 🔹 **Trade Setup:**
- **📍 Entry:** Around **$2,903 - $2,863**, key resistance levels.
- **🛑 Stop Loss:** Above **$2,942**, to avoid false breakouts.
- **🎯 Take Profit Targets:**
- **First TP:** **$2,843** (early support zone)
- **Second TP:** **$2,824** (-0.5 Fibonacci level)
- **Extended TP:** **$2,785** (-1 Fibonacci level for a deeper correction)
### 📊 **Trade Rationale:**
✅ **Key Resistance Zone:** Price is struggling around $2,903 - $2,863, suggesting a potential reversal.
✅ **Fibonacci & Market Structure:** The setup aligns with key retracement levels and past support zones.
✅ **Bearish Confirmation Needed:** Watching for rejection wicks or lower timeframe breakdowns before full commitment.
### ⚠️ **Risk Management:**
- If price **breaks above $2,942** with strong momentum, I will **exit** the trade.
- Monitoring **volume and candlestick patterns** for additional bearish confirmation.
Let’s see how this setup unfolds! 🚀📉
Would you adjust any levels, or does this match your plan? 🤔
Gold Analysis GOLD Analysis and Trade Setup
Gold is currently testing a historically significant resistance level that has repeatedly acted as a barrier to price advancement. Given the strength of this resistance zone, it is reasonable to anticipate a potential rejection or pullback. Historically, such levels often prompt a reversal, particularly after a retest of the structure, which could further confirm the resistance's validity. The likelihood of a rejection at this level is supported by the principles of technical analysis, as repeated tests of a resistance level tend to reinforce its significance. In summary, while the current setup suggests a potential pullback from the resistance level, traders should remain cautious and monitor key technical and fundamental factors.
XAUUSD: 3,400 could be the top of this Cycle.Gold is overbought both on its 1W (RSI = 75.261, MACD = 100.240, ADX = 43.694) and 1M (RSI = 79.749) technical outlooks and has entered the final (and perhaps most aggressive) phase of the latest bullish wave. With the 27 year pattern being a Channel Up we can calculate the next high to be within the 3.0 and 3.5 Fibonacci extension levels. Last time the price crossed over the R1 level, it peaked just under the 3.5 Fib. This gives a final target (TP = 3,400) close to the end of 2025.
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Gold Potential UpsidesHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2870 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2870 support and resistance area.
Trade safe, Joe.
XAUUSD gains traction above 2876James, hello everyone.
Last week, we saw a significant drop in gold prices. At one point, the price of gold fell to a low of $2,876. Currently, the price of gold is trading around $2,898, stable for the week.
It is clear that the price of gold is starting a new week on a positive note, supported by the continued weakness of the US dollar (USD) and US Treasury yields.
Regarding the volatility of gold this week, the price of gold has also increased sharply due to tensions surrounding the upcoming tariff war between the United States and the European Union (EU). "The European Commission will consider strict import restrictions on some foods produced according to different standards to protect its farmers, reflecting the reciprocal trade policy of US President Donald Trump," the Financial Times (FT) reported on Sunday.
Additionally, it should be noted that gold prices could be volatile in the coming day as a US national holiday is likely to add to the action. Speeches by Fed officials Christopher Waller, Patrick Harker and Michelle Bowman will be closely scrutinized ahead of the Fed Minutes on Wednesday.
Trade Idea: XAUUSD LONG ( BUY LIMIT )Technical Analysis:
1. Daily Chart:
• Trend: Strong bullish trend with price making higher highs and higher lows.
• MACD: Strong bullish momentum, MACD line above the signal line.
• RSI (71.53): Overbought zone but no divergence, indicating strong bullish momentum.
2. 15-Min Chart:
• Trend: Bullish with higher highs and higher lows.
• MACD: Positive but showing signs of slowing momentum.
• RSI (64.04): Neutral to slightly overbought, room for further upside.
3. 3-Min Chart:
• Trend: Recent pullback followed by a bullish continuation.
• MACD: Slight bullish crossover.
• RSI (76.04): Overbought, indicating potential for minor pullback but still bullish.
Fundamental Analysis:
• Gold drivers:
• Market sentiment remains bullish on gold, possibly due to inflation concerns, safe-haven demand, or weakening USD.
• Without major negative catalysts, the bullish trend is likely to continue.
Trade Setup:
Given the strong bullish trend on the daily and the bullish continuation on lower timeframes, a long position offers the highest probability.
• Position: Long (Buy) XAUUSD
• Entry: 2935.00 (Wait for a slight pullback from current levels for better RRR)
• Stop Loss (SL): 2920.00 (Below recent support on M15 and psychological level)
• Take Profit (TP): 2965.00 (Recent psychological resistance and aligns with 2:1 RRR)
• Risk-Reward Ratio: 2:1 FUSIONMARKETS:XAUUSD
GOLD Ready for ALL TIME HIGH BREAKOUT...MCX:GOLD1! trade at 79000 level. You can watch for more upside move after 80000 level breakout.
Gold is boring? Until it moves! – PipGuard Guide PT. 3 🔥 Gold is boring? Until it moves! – PipGuard Guide PT. 3 🔥
📢 Let's talk: FOLLOW ME, COMMENT, and DROP A BOOST! Because in here, we help each other and we mean business! 💪🔥
Welcome to the PipGuard Guide , the only one that tells it like it is: no filters, no fairy tales, just a pinch of sarcasm. Gold is playing hard to get (what a shock, right?), but trust me, sooner or later, it wakes up—and when it does, fireworks will follow.
🎯 Key levels to watch:
🚀 Bullish resistances: $2947 / $2943
🛠️ Bullish support: $2924
📉 Bearish resistances: $2918 / $2906
⚔️ Make-or-break level: $2906-$2905 ➜ Above? Bulls take charge. Below? Bears lurking.
💎 PipGuard Targets:
🎯 Bullish Premium: $3015
🔻 Bearish Premium: $2856
Watch out for $2906: that’s the thin line between paradise and disaster.
📌 If we hold above: bulls have room to run, aiming for $3015.
📌 If we break below: bears take over, dragging us down to $2856.
💡 So, what’s the move? Wait for a strong signal, then act—no hesitation. We're dancing above $2906, but if we slip… expect a hard fall. The market is either slapping us in the face or rewarding us with solid gold. And you? Ready to take your position?!
🔥 DROP A BOOST and COMMENT BELOW! What do you think? Sleeping gold or ready to strike? See you on the battlefield!
🚀 PipGuard
Gold reacts to unserious peace talksThe United States and Russia recently held peace talks in Saudi Arabia without Ukraine’s participation. Russian officials did not mention offering any concessions and U.S. officials did not claim to have scored any in Tuesday's meeting.
Adding to the unseriousness of the talks, Donald Trump called Zelensky a “dictator,” and suggested that Ukraine is responsible for the war, echoing obvious Russian talking points.
Gold rose above $2,930 per ounce on Wednesday, just shy of last week’s record high of $2,940.
Technical indicators remain in extreme overbought territory, although extreme geopolitical uncertainty may call for extreme readings for longer. In the near term, the pullback appears corrective, with XAU/USD still holding above all key moving averages on the 4-hour chart.
US500 NEW PRICE !hello friends
As you can see, this index tried to break its ceiling 2 times, which faced correction, but in the third encounter, it succeeded in breaking the ceiling and was able to give this signal that the price can go up to 6200 or even higher.
*Trade safely with us*
XAUUSD GOLD breakoutGold (XAU/USD) has successfully broken through the major resistance zone at 2940/2942, signaling strong bullish momentum in the market. This breakout indicates a potential continuation of the uptrend, with buyers likely to push prices higher.
Breakout Confirmation & Market Sentiment
The breakout above 2940/2942 suggests a shift in market sentiment, with bulls gaining dominance.
Increased trading volume and sustained price action above this level further validate the breakout.
If gold holds above 2942, it is likely to act as a new support level, providing a base for further upside movement.
Potential Upside Targets:
2954 – The first immediate resistance level where minor pullbacks could occur.
2965 – A stronger resistance level that may attract profit-taking, leading to consolidation or a short-term retracement.
2979 – A key psychological resistance zone where price action should be monitored closely. If buyers remain strong, gold could push even higher.
Additional Bullish Scenario:
If the bullish momentum continues beyond 2979, gold could target the next major psychological level of 3000, which may act as a strong resistance zone.
Key Support Levels to Watch:
2942 (Breakout Level) – Should now act as support; a successful retest could confirm further upside.
2928-2930 (Previous Resistance Turned Support) – If a deeper retracement occurs, this area may provide buying opportunities.
Trading Strategy Considerations:
Breakout traders can look for buy entries on retests of 2942 with tight stop losses below this level.
Momentum traders may aim for 2954/2965, adjusting stop losses accordingly.
Risk management is crucial—monitor price action at each resistance level to assess continuation or reversal signals.
With geopolitical tensions, economic data, and Federal Reserve policies impacting gold prices, traders should stay updated on fundamental factors influencing market direction.
WTI OIL - USOUSDShort-term outlook:
Downward trend: Right now, there are signs that oil prices could drop, mainly due to weaker global demand and potential overproduction of oil. Citi predicts that without deeper OPEC+ production cuts, prices could fall to $60 per barrel by the end of 2025.
Upward trend: However, OPEC+ might take action to reduce production if prices continue to fall, aiming to keep prices higher, as they’ve done in the past. Also, geopolitical factors could cause temporary price spikes.
Bottom line: There's no strong signal that prices will rise consistently in the short term, but a rebound is possible if geopolitical events or OPEC+ decisions push the market up. However, the trend seems more likely to be downward for the next few weeks.
GOLD ROUTE MAP UPDATEHey Everyone,
We finish off another great week, with all our chart ideas playing out, as analysed.
After completing our Bullish targets yesterday, we stated that the last move up on the cross and lock gave over 200 pips but just short of the full gap at 2959. We also stated that, as long as we have no lock below 2928, we are good to buy dips into this range for now.
- This played out perfectly continuing to support above 2928, allowing us to buy dips safely
BULLISH TARGET
2890 - DONE
2928 - DONE
EMA5 CROSS AND LOCK ABOVE 2928 WILL OPEN THE FOLLOWING BULLISH TARGET
2959
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
USOIL Reversal in Motion? Key Levels You Can’t Ignore!Market Structure Breakdown:
🔸 Daily Timeframe:
• We initially identified a double-bottom formation, signaling a bullish push to grab liquidity above previous highs.
• However, buyers failed to sustain momentum, leading to a structural shift.
🔸 H4 Timeframe:
• Strong impulse move downward, breaking key structure.
• Formed a lower high, indicating seller control.
🔸 H1 Timeframe:
• Entry confirmation: Lower high + structure break + retest.
• Current Position: Short trade floating +142 pips in profit.
• Stops secured in profit = No risk on the trade.
🎯 Next Targets & Key Levels:
✅ Target 1: Sweep 7040 low.
✅ Target 2: Potential drop to 7026 if momentum continues.
⏳ Crucial Confirmation Needed:
• If today’s bearish candle closes above average, it will confirm a true lower high and increase chances of breaking consolidation to move lower.
🛠 Trade Management:
• Profits taken at: +30 pips, +60 pips, +100 pips.
• Current floating: +142 pips.
• Overall target: +212 pips (1:5 / 1:6 RR).
• If we break consolidation, we’ll trail TP and maximize gains.
This trade is a textbook example of a failed bullish push leading to a structural breakdown. With stops locked in profit, we’re letting the trade play out risk-free, while looking for further downside expansion.
If you’re tracking USOIL, keep an eye on these key levels and watch how price reacts! 🚀📊
Sailing27db97e52ec7b1b43e5391bb5861b8d4cf37d3a7c3a1a06d3aa0533382d52733
Bitcoin's conservative addressable share of speculative assets is 2%.
The total market cap of the speculative portion of assets are as follows:
Real Estate: $2.14 trillion
Gold: $7.83 trillion
Silver: $108 billion (0.108 trillion)
Stock Market: $21.8 - $32.7 trillion (We'll consider the lower and upper estimates)
Bonds: $7.035 - $14.07 trillion
Total speculative market cap: $38.913 trillion to $56.848 trillion.
Conservative estimate for Bitcoin's share of this is 2%, or 0.778T-1.137T
The conservative multiplier for Bitcoin, is 118x. This means that for every $1 invested in Bitcoin, the market cap tends to increase by $118. Let's assume 10x instead.
0.778T-1.137T X 10 = 7.783T - 11.370T
Conservative projected price range 350k-666k
Market Cap details below:
Real Estate:
* Total Market Cap: $379.7 trillion
* Speculative Portion Market Cap: $2.14 trillion (Investment real estate)
* Speculative Portion: 0.56%
Gold:
* Total Market Cap: $19.57 trillion
* Speculative Portion Market Cap: $7.83 trillion
* Speculative Portion: 40%
Silver:
* Total Market Cap: $1.816 trillion
* Speculative Portion Market Cap: $108 billion
* Speculative Portion: 5.95%
Stock Market:
* Total Market Cap: $109 trillion
* Speculative Portion Market Cap: $21.8 - $32.7 trillion
* Speculative Portion: 20-30%
Bonds:
* Total Market Cap: $140.7 trillion
* Speculative Portion Market Cap: $7.035 - $14.07 trillion
* Speculative Portion: 5-10%
Silver INTRADAY bullish continuation energy build up The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend.
The key trading level is at 3244, swing low. A corrective pullback from the current levels and a bullish bounce back from the 3244 level could target the upside resistance at 3340 followed by the 3400 and 3450 levels over the longer timeframe.
Alternatively, a confirmed loss of 3244 support and a daily close below that level would negate the bullish outlook opening a way for a further retracement and a retest of 3227 support level followed by 3197 and 3140.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US OIL AnalysisTechnically, seeing the 30-minute time frame chart USOIL breaks the uptrend and I am planning a Short/Sell position in it when it retraces to its supply area marked on the chart.
You guys can manage your risk accordingly.
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower as Walmart’s earnings report raised concerns about slowing consumer demand. Today marks the weekly close, and since the weekly chart has not yet confirmed a buy signal, any downward movement in the MACD could increase the likelihood of further declines.
On the daily chart, the 10-day moving average is acting as support, aligning with the upper boundary of the February range. The MACD remains in a buy signal, but market flows are mixed, suggesting that choppy price action with alternating bullish and bearish candles could persist.
Until a strong breakout candle decisively clears previous highs, it is safer to treat the current market as range-bound. While the bullish bias remains, traders should monitor whether the daily MACD generates a sell signal, which could shift momentum in favor of sellers.
On the 240-minute chart, the MACD is declining sharply, indicating that buying pressure is weak. However, since the signal line is still above the zero line, a rebound attempt could emerge between 21,800 and 21,900. If the gap between the MACD and the signal line continues to widen, traders should avoid chasing long positions, even if a short-term bounce occurs.
Crude Oil
Crude oil closed higher, finding support near the $71 level. A buy signal has appeared on the daily chart, though it is not yet confirmed. The MACD and signal line have formed a golden cross, but today’s daily close will likely determine whether the buy signal holds.
If the buy signal remains valid, oil could be forming a double-bottom pattern, confirming a base before moving higher. However, given weekend geopolitical risks, holding positions over the weekend (overweekend exposure) should be approached with caution.
On the 240-minute chart, the MACD has pulled back toward the signal line before resuming an upward move, forming a wave 3 buying pattern. Since further upside momentum is possible, traders should focus on buying dips rather than chasing breakouts.
Gold
Gold closed higher after breaking above its previous high. On the daily chart, the MACD and signal line are closely aligned, meaning that if gold prints a bearish candle and breaks below the 10-day moving average, a bearish crossover (death cross) is likely.
Since the MACD and signal line are still at elevated levels above the zero line, any selloff is likely to be met with buying interest, keeping the market range-bound. However, if gold breaks below the lower boundary of the current range, a sharp sell-off could occur, making stop-loss management crucial for long positions.
On the 240-minute chart, gold has briefly broken above a triple-top formation before pulling back, forming a whipsaw pattern. This suggests that a further drop is likely.
If the MACD on the 240-minute chart crosses below the signal line, it could mark the start of a trend reversal, making this a key technical level to watch.
Overall, gold remains in a range-bound environment, but selling at highs is currently more favorable. If buying at support, stop-loss management is essential.
As we close out the weekly session, traders should focus on risk management and ensure safe trading strategies. Take the weekend to rest, recharge, and maintain a healthy balance between trading and personal life. Wishing you a successful trading day and a great weekend!
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