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2025 – The Year of the Normalized Dollar📉💵 2025 – The Year of the Normalized Dollar! 🔥 The U.S. Dollar Index (DXY) is showing clear signs of weakness after breaching key support levels. With interest rate cuts on the horizon and a shift in economic policy, we may be entering a new phase for the dollar’s normalization. 🔍 Key Levels to Watch 🔹 Resistance: 107.5 (Immediate resistance) 🔹 Key Mid Support: 100.95 (Next major level) 🔹 Final Target: 94.8 (Major support & potential bottom) 📰 Fundamental Factors Driving the Move 💡 Trump’s Dollar Policy: Historically, Trump has favored a weaker dollar to boost exports. His recent remarks during the Executive Order signing on January 23, 2025, reinforce this stance, as he pushes for interest rate cuts and lower energy costs. Remarks by President Trump at Executive Order Signing (January 23, 2025): Q: Mr. President, you said earlier that you would like to see interest rates come down. THE PRESIDENT: Yeah. Q: How much would you like to see them come down? THE PRESIDENT: A lot. Q: And will you talk with Powell? THE PRESIDENT: I’d like to see them come down a lot, and oil prices will come down. And when oil prices come down, everything is going to be cheaper for the American people — and actually for the world — but for the American people. So, I’d like to see oil prices come down. Q: Are you worried that there’s too much going on at once if you’re trying to bring interest rates down and get the economy back going? THE PRESIDENT: No, no. It just works that way. I mean, it just economically works that way. When the oil comes down, it’ll bring down prices, then you won’t have inflation, and then the interest rates will come down. Q: You said that you would demand that the interest rates come down. Do you expect the Fed to listen to you? THE PRESIDENT: Yeah. 📉 What’s Next for the Dollar? 🔸 If 100.95 breaks, we could see further downside, testing the 94.8 region. 🔸 A retest of resistance at 107.5 would be a key test before further declines. 🔸 The global macro environment (oil prices, inflation, and geopolitical shifts) will heavily influence the dollar’s trajectory. 🌍 Economic & Geopolitical Impact Beyond monetary policy, Trump’s trade and labor policies are also playing a role in shaping the inflation outlook. His push for tariffs and tighter immigration policies has led to higher labor costs, causing short-term inflation. However, on the global stage, Trump's potential deal with Putin to resolve the Ukraine conflict could help ease inflation worldwide by stabilizing supply chains and reducing geopolitical risks. With Trump pushing for rate cuts, the Fed under pressure, and DXY losing momentum, could we see a full-scale dollar correction in 2025? Let’s discuss! ⏬ 📢 Follow for more macro insights & market analysis! One Love, The FXPROFESSOR 💙
TVC:DXYShort
by FX_Professor
SLB (former Schlumberger). Dig deep ...Schlumberger, the world’s largest oil and gas company, has been through two key phases in recent years. The sustained decline from 2018-2020 and growth in 21-23. Although the movement was partly correlated with oil prices, there were other factors. Fall period: 1) Since 2016, the company has been actively investing in North America. By 2020, the company was gradually, roughly speaking, defeated. 2) In the 19-20’s, more than 10 billion dollars were written off, including drilling assets in North America. 3)The company approached a global crisis (price war of Russia and CA, covid) with high debt load (about 17 billion). 4) In 2019, the new CEO was Olivier Le Peuch, who replaced Paal Kibsgaard. He was forced to accelerate the exit from loss-making assets and restructure the business. Growth period: After the 2020 crisis, SLB managed not only to recover, but also to outpace the market by about 100%. 1) The company has made a focus on the Middle East and Latin America. 2) Reduction of the debt burden, optimization of costs, discipline in expenses. 3) Digital transformation and technology (you can search for 'Delfi'). 4) Buyback and dividends. War in Ukraine: The company left the Russian market relatively late, and not completely, but limited operations while maintaining its presence. Managed to catch criticism and reputational pressure (Ukraine included in the list of "international sponsors of war"). Also, the company took a minor advantage of rising prices, but eventually reduced the importance of the Russian market (although it compensated for this by expanding in BE and LA). In this context, it should be noted that the war has led to increased attention to energy security issues in Europe and elsewhere, which has stimulated investment in exploration and production in new territories. It was a fundamental, in-depth analysis. Has the company passed "bottom" or are current prices still high? It is not clear yet...
NYSE:SLB
by JHAlex
Why Tesla Stock Could FallHi traders this is why tesla could fall in the coming days. - Musk’s political alignment with Trump may alienate environmentally conscious buyers and complicate international expansion, especially in markets like the EU where Chinese competitors face high tariffs. - Tesla's 2024 annual deliveries fell for the first time in its history (1.79 million EVs, down 1.1% from 2023), missing Wall Street expectations and raising doubts about its ability to achieve Musk’s 20–30% growth target for 2025. - Tesla has repeatedly slashed prices in China to maintain market share, but this strategy is eroding profit margins - Tesla’s P/E ratio of 200 far exceeds peers like Apple or Microsoft - Tesla’s growth narrative hinges on Full Self-Driving (FSD) and robotaxis, but regulatory approval delays and technical challenges persist, these initiatives are unlikely to generate significant revenue before 2026 I am looking for shorts around 409.74, Targeting 291.89 with stop loss at 468.74
NASDAQ:TSLAShort
by ChessCrypto
LINK Bounces Back over 14.44LINK Bounces Back over 14.44 – Textbook Setup Continues 🚀🔗 LINK Bounces Back to 14.44 – The Textbook Setup Continues! 📚 LINK has returned to the $14.44 mark, right where we left off from our previous textbook trading breakdown. This crucial level, once a target, now stands as new support—a testament to how LINK consistently respects classic technical structures. Let’s dive in: What’s Happening? Textbook Channel Patterns: LINK continues to move within well-defined channels, confirming breakouts that often flip into new support levels. From Target to Support: Our earlier projection of $14.44 was spot on. Now that price has revisited this zone, we’re looking for confirmation to the upside. Why the Optimism? Strong Fundamentals: LINK’s oracles remain a cornerstone of DeFi infrastructure. Consistent Technicals: Breakouts followed by support flips—classic and reliable. 2025 Bounce Potential: According to recent news, there are multiple catalysts lined up that could drive LINK higher. Next Steps Hold Above 14.44: If LINK consolidates and holds this level, it could pave the way toward $19.67 or higher. Channel Continuation: Keep an eye on the rising channel. Any break below support might signal a short-term pullback, but the broader trend remains bullish. Whether you’re new to LINK or a seasoned trader, this coin continues to offer excellent technical clarity—a dream scenario for anyone looking to hone their chart-reading skills. One Love, The FXPROFESSOR 💙
KRAKEN:LINKUSDLong
by FX_Professor
13
"MEGA - Make Europe Great Again "The technical formation is cristal clear. Look at the 4hr char. Fundamentals are not clear as the technicals, but smart money is posioned themself long ago and constantly buying reasonable dips, since its a probability game now. Is the Ukraine war will end in the comming months Yes: 60% Europe inflation is under control? Yes 80% ECB will cut on th next meeting? No 60% Will europe profit from the end of the war trough reconstruction? 50% Germany elections are done coalition will be formed and will function. ( German politicians already have done a self-revising process and they wont fail.) USA will impose severe tarrifs on European Union: 10%-(chance) Is German economy bottling out: Yes altough france needs to join for party. Italy is italy : We love them and feed them. USA: Is the economy strong as they claim? In the next post we gonna have look at it. Just a hint: How the GDP calculated and what the USA goverment wants in future. Every actions is effectecting the GDP calculations and not on the most positive way. to be continued.
Long
by ElGatoTrade
1
SEIUSDT Target is $0.8888!SEIUSDT – Eyeing a Breakout to $0.8888! 🚀🔥 SEI has been consolidating after a strong downward trend, but is this the beginning of a major reversal? The 4H chart is showing some key signals that traders should keep an eye on. Let’s break it down: 🔹 Current Market Structure SEI is currently trading at $0.2719, holding above the key support zone at $0.2438. This level is crucial—if it holds, we could see bullish momentum building up. 🔹 EMA Break & Trend Shift? The price is testing the Exponential Moving Average (EMA), which has acted as resistance in the past. A clean break above this EMA could confirm a trend reversal and push prices higher. 🔹 Major Resistance & Breakout Level 🚀 The ultimate target on my radar? $0.8888 📈. This level represents a key resistance area where a major breakout could occur. If SEI gains enough traction, we could see a strong push towards this price point in the coming months. 🔹 What’s Driving SEI’s Future? Beyond the charts, SEI remains a game-changing Layer 1 blockchain, optimized for decentralized exchanges (DEXes) and NFT trading. With growing adoption and strong fundamentals, SEI has long-term potential, with analysts forecasting prices reaching $1.12+ in 2025 and $3+ by 2030! Key Levels to Watch 🔥 ✅ Support: $0.2438 ✅ Breakout Zone: $0.30 - $0.35 ✅ Major Resistance: $0.8888 ✅ Long-term Target: $1.12+ Final Thoughts 💡 SEI is showing signs of life, and this could be the start of a bullish move. If momentum picks up and price reclaims key resistance levels, we could see explosive growth in the coming months. Are you watching SEI? Let me know your thoughts in the comments! 🚀 📢 Follow for more market insights! One Love, The FXPROFESSOR 💙
Long
by FX_Professor
BTCUSD 1WBitcoin Liquidity Analysis: Possible Price Movement Scenarios After liquidity was taken at the previous month's high, followed by the prior high at 108,353, the major liquidity zones have been cleared. Now, the primary focus is on last month's low, where a significant imbalance is observed (89,376.90). At the moment, there is no apparent logic for the price to continue its upward trend without first clearing the remaining liquidity. However, the market remains unpredictable, and news events could influence the current scenario. We are currently in an accumulation phase, indicating the potential for an imminent impulsive move. The direction of this move remains uncertain. If we think logically and consider market structure, the most probable scenario is closing the liquidity pool in the imbalance zone and testing last month's low. This will be our key target in the near future. I continue to closely monitor Bitcoin’s movements and will soon share a more detailed idea for a short position (short). It is essential to note that this analysis represents my personal opinion and is not a call to action for trading. Always conduct your own research before making any trading decisions. Have a great weekend!
Short
by TraderNo007_
Lamb Weston Holdings | LW | Long at $51.32Lamb Weston Holdings NYSE:LW , the potato / French fry king, has gone through a tremendous downturn since 2023. Yet, earnings are forecast to grow 22% per year into 2027. Debt is quite high at 2.5x and this company, like many others, will significantly benefit from lower interest rates in the future. If the US experiences another way of inflation, Lamb Weston Holdings could be on the beneficiary side of things. From a technical analysis perspective, the price has entered my "crash" simple moving average zone. Typically, this area signals a bottom, but it's not guaranteed. I foresee the daily price gap near $50 being closed in the short-term before a true move up. A dip to $47-$48 is not out of the question. Regardless of trying to predict bottoms, at $51.32, NYSE:LW is in a personal buy zone. Targets: $62.00 $68.00 $77.00
NYSE:LWLong
by WorthlessViews
BERKSHIRE HATHAWAY ($BRK.A) Q4—INSURANCE & CASH SHINEBERKSHIRE HATHAWAY ( NYSE:BRK.A ) Q4—INSURANCE & CASH SHINE (1/9) Good afternoon, TradingView! Berkshire Hathaway ( NYSE:BRK.A ) is humming—Q4 operating earnings soared 71% to $ 14.5B 📈🔥. Insurance and a record cash pile spark buzz—let’s unpack this titan! 🚀 (2/9) – EARNINGS SURGE • Q4 Ops: $ 14.5B—up from $ 8.5B last year 💥 • Full ‘24: Insurance jumps 51%—key driver 📊 • Net: $ 19.7B Q4—profit stays juicy NYSE:BRK.A ’s flexing—steady as she goes! (3/9) – BIG MOVES • Cash Hoard: $ 334B—up from $ 270B mid-year 🌍 • No Buybacks: Q4 skips—$ 7B spent earlier 🚗 • Apple Trim: Half sold off—cash king 🌟 Buffett’s stacking bucks—ready for action! (4/9) – SECTOR SNAP • Market Cap: ~$ 1.075T—top tier 📈 • P/B: 1.55—vs. JPM’s 1.9, Allstate’s 1.3 • Outrun: 25.5% ‘24 vs. S&P’s 25% 🌍 NYSE:BRK.A ’s a beast—value or peak? (5/9) – RISKS IN SIGHT • Stocks: Apple, Chevron swings—volatility nips ⚠️ • Succession: Buffett’s exit looms—jitters? 🏛️ • Economy: Rail, retail soften if cash tightens 📉 Solid, but not ironclad—watch out! (6/9) – SWOT: STRENGTHS • Diverse: Insurance leads—51% growth 🌟 • Cash: $ 334B—ultimate cushion 🔍 • Track: 19.8% CAGR—beats S&P’s 10.2% 🚦 NYSE:BRK.A ’s a fortress—built tough! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: Insurance lean, cash sits 💸 • Opportunities: Deals, yields lift—$ 14.5B zing 🌍 Can NYSE:BRK.A zap the next big win? (8/9) – NYSE:BRK.A ’s Q4 surge—what’s your vibe? 1️⃣ Bullish—Cash rules, value shines. 2️⃣ Neutral—Solid, risks balance. 3️⃣ Bearish—Growth stalls, succession bites. Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY NYSE:BRK.A ’s $ 14.5B Q4 and $ 334B cash spark zing—insurance flexes 🌍. Premium P/B, but steady wins—champ or chill?
NYSE:BRK.ALong
by DCAChampion
ultra-aggressive buy setup – 99% win rate!🚀 ultra-aggressive xau/usd (gold) trading plan – february 26, 2025 💰🔥 💰💥 we trade to milking the market everyday! 💥💰 ⚡ no hesitation. no fear. high confidence. high profits. ⚡ 🔥 real-time market domination – gold bulls strike back! 🏆📈 🔹 💲current price: $2,906.365 🔹 🚀 high of the day: $2,944.930 🔹 🛑 major resistance (r3): $2,950.016 – market makers’ liquidity grab zone! 🏦🔥 🔹 📉 recently broken resistance (r2, now support): $2,940.010 – key reclaim level! 🔹 📊 dynamic support (50 ema): $2,925.104 – institutions are watching! 📊 🔹 🔻 psychological support (s1): $2,900.053 – absolute must-hold level! 🚨 🔥 institutional order flow & liquidity analysis – smart money wins! 🏦💎 📊 market makers’ next move – undeniable liquidity manipulation! 🔥 the trap is set! market makers are engineering a fake dip to trap retail buyers! 🚨💥 📍 massive liquidity sitting between $2,900 - $2,906 – stop-hunts incoming! 🚀 📍 large institutional buy orders stacking in the order book at these levels! 💰💹 🏦 institutions are accumulating gold – preparing for a monster rally! 💪🔥 ✅ best indicator confirmation – ultra-high win rate! 📊🏆 ✔ fibonacci retracement: 38.2% ($2,906) & 50% ($2,900) strong buy zones! 📈 ✔ 50 ema & 200 ema: bullish crossover forming – buy confirmation! 🔥 ✔ rsi (7): oversold conditions detected – strong bounce incoming! 🚀 ✔ vwap: price reclaiming vwap = ultra-bullish signal! 💰 ✔ macd: bullish divergence – trend reversal detected! 📊 ✔ order flow & liquidity zones: all smart money is buying! 🏦 🔥 ultra-aggressive buy setup – 99% win rate! 🟢🚀 📌 entry: $2,900 - $2,906 (catch the bottom before the massive pump!) 💰🔥 📌 stop-loss: $2,895 (tight sl, zero excuses!) 🚨 📌 target #1: $2,915 (quick 10 pip profit – easy money!) 💸 📌 target #2: $2,925 - $2,930 (maximum milking the market profits!) 💰🚀 📌 risk-reward ratio: 4:1 – the ultimate money-printing setup! 🏆💎 🚀 extreme execution plan – dominate or get dominated! 💥⚡ 1️⃣ wait for price to touch $2,900 - $2,906 and confirm rejection! (no fomo – patience wins!) 🏆 2️⃣ watch the order book – if large buy orders stack up, we attack! 💪 3️⃣ enter long with full confidence at $2,900 - $2,906! 🟢🔥 4️⃣ zero hesitation – hold strong for $2,925 - $2,930! 🚀💰 5️⃣ if market retests $2,895 – small cut, re-enter lower, and milk the market! 🏦💸 🔥 final decision – maximum aggression buy! 💰🏆 📌 verdict: ultra-high confidence buy! 🔥 no fear – we trade like institutions! 🏦💎 📌 entry: $2,900 - $2,906 | sl: $2,895 | tp: $2,925 - $2,930 📈💰 📌 market makers will try to trick us – but we trade with smart money! 💪🏆 💰💰 we trade to milking the market everyday! 💰💰 🚀 this is the most aggressive, high-confidence gold trade of the day! 💎🔥 🔥 zero fear. zero hesitation. just pure profits! 🔥
OANDA:XAUUSDLong
by MAHARLIKA_FX
Tesla Stock Goes 'Interesting', Ahead of Earnings CallTesla is preparing to release its fourth-quarter earnings report on January 29, 2025, and analysts are closely watching the stock as it approaches this key event. Here are some important points regarding Tesla's current stock situation and what to expect: Current Stock Performance Tesla shares have seen a 10% increase in 2025, but recently experienced a more than 5% decline, trading at Monday's pre-marker below $400, approximately $395. The stock's valuation is considered high, with some analysts stating it is "priced for perfection," indicating that any earnings miss could lead to a significant pullback. Earnings Expectations Analysts forecast earnings per share (EPS) of 72 cents and revenue of $27.23 billion for the fourth quarter. Gross profit margins are expected to widen slightly to 18.85%. Key Factors Influencing Stock Valuation 👉 Delivery Performance. Tesla's deliveries were slightly below expectations in 2024, with 1.79 million units delivered, compared to 1.81 million in 20231. Investors will be keenly interested in guidance for 2025, especially with increasing competition from Chinese manufacturers like BYD and NIO. 👉 New Vehicle Launches/ The anticipated launch of the smaller SUV, referred to as the Model Q, is expected later this year, which could impact Tesla's growth trajectory. 👉 Technological Developments. Progress in autonomous driving software and energy generation will also be focal points during the earnings call. 👉 The company aims to launch its Level 3 Full Self-Driving software in specific U.S. states and expand its energy storage business. Analyst Sentiment There is a mix of opinions among analysts; while some maintain a cautious stance due to potential delivery shortfalls and market competition, others see Tesla as a strong buy-and-hold investment for the long term. The average price target among analysts is around $345.11, suggesting a potential downside from current levels. Technical Sentiment Technical graph indicates on epic upside channel breakthrough, as a result of China DeepSeek AI model influence. Ahead of Tesla Earnings Call our "super-duper" Team is Bearishly calling to $300 per Tesla share, that is correspond to major current support of 125-day SMA. Conclusion As Tesla approaches its earnings report, investors should remain vigilant about delivery numbers and guidance for the upcoming year. The stock's high valuation combined with competitive pressures makes it susceptible to volatility based on the forthcoming financial results.
NASDAQ:TSLA
by PandorraResearch
How Trumps Tariffs Are Affecting Bitcoin & Crypto MartyBoots here , I have been trading for 17 years and sharing my thoughts on COINBASE:BTCUSD talking about how Trump Tariffs affect COINBASE:BTCUSD here. I also talk about the stock market SP:SPX at the end of the video and TVC:GOLD as the chart give us real insights . Watch video for more details Trump’s tariff policies have had a notable short‐term impact on Bitcoin’s price. When tariffs are announced—such as the recent ones imposed on imports from Canada, Mexico, and China—the resulting trade tensions and uncertainty tend to trigger a “risk-off” reaction in the markets. Investors, worried about higher inflation and potential rate hikes by the Federal Reserve, often sell off volatile assets like Bitcoin, which can lead to steep, albeit temporary, price declines. For instance, following tariff announcements, Bitcoin’s price has sometimes dropped significantly (even approaching multi‐week lows) before partially rebounding when there’s news of tariff pauses or negotiations easing the pressure. In the longer term, however, the picture is less clear. While the immediate market reaction is one of volatility and decline, some analysts argue that if tariffs contribute to sustained economic uncertainty or inflation, Bitcoin could eventually be seen as a hedge—similar to digital gold—potentially restoring investor confidence over time. Ultimately, the overall effect on Bitcoin will depend on whether the trade policy uncertainty continues and how broader economic conditions evolve. There is still lots of bullish news for BTC www.tradingview.com
COINBASE:BTCUSDLong
by MartyBoots
7
XAU/USD (Gold) Trendline Breakout (21.02.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2904 2nd Support – 2880 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
43
Targeting a new era peak, risks blanket the marketOANDA:XAUUSD hit another all-time high as U.S. President Donald Trump's threat of tariffs increased market fears of a global trade war, boosting safe-haven demand. Trump's tariff policy and global market reaction Trump said on Wednesday that he would announce new tariffs on lumber, autos, semiconductors and pharmaceuticals "next month or sooner." Since taking office on January 20, Trump has imposed a 10% tariff on imports from China and a 25% tariff on steel and aluminum. As trade risks increase, global central banks are likely to continue buying gold, which is one of the key supporting factors for gold prices. Ukraine situation and the possibility of gold correction in the short term Trump also criticized Ukrainian President Volodymyr Zelenskiy as a "dictator" on Wednesday and warned that Ukraine must quickly reach a peace deal with Russia or lose the country. If a peace agreement between Russia and Ukraine is reached, geopolitical tensions could temporarily ease in the short term, which could put pressure on gold prices. However, gold still has enough fundamental support and the long-term uptrend could continue. Fed policy and Swiss gold exports soar Minutes of the Federal Reserve's latest monetary policy meeting released Wednesday showed that Trump's early economic policies have raised concerns about rising inflation. This reinforces the Fed's stance on maintaining the current interest rate policy. According to foreign media, Swiss customs data showed that Swiss gold exports increased significantly year-on-year in January, with gold exports to the United States reaching their highest level in at least 13 years. Analysis of technical prospects for OANDA:XAUUSD On the daily chart, after gold reached the target level of 2,946 USD, readers noted in the previous issue that the price point of the Fibonacci extension was 0.382%, it broke this level to renew its all-time high. With the current position, if gold takes price action above the 0.382% Fibonacci extension level once again, it will have conditions to continue to increase with a target then around 2,971 USD in the short term, more than 2,996 – 3,000 USD. The relative strength index also does not indicate any possibility of a downward correction in terms of momentum. During the day, the short-term uptrend of gold prices will be noticed by trend, and as long as gold remains in the price channel, it still has a main bullish outlook, declines should only be considered as short-term corrections or a buying opportunity. Notable locations will also be noticed again as follows. Support: 2,922 – 2,915USD Resistance: 2,954 – 2,971 – 2,996USD SELL XAUUSD PRICE 2971 - 2969⚡️ ↠↠ Stoploss 2975 →Take Profit 1 2963 ↨ →Take Profit 2 2957 BUY XAUUSD PRICE 2909 - 2911⚡️ ↠↠ Stoploss 2905 →Take Profit 1 2917 ↨ →Take Profit 2 2923
OANDA:XAUUSD
by Xayah_trading
Minor correction, GOLD renewed its peakOANDA:XAUUSD spiked to a record high on Monday as concerns about Trump's tax plans fueled safe-haven demand, and inflows into the world's largest gold ETF also provided further support. Although there have been adjustments as of the time this article was completed, this price decrease is insignificant, currently gold is trading around 2,940USD/oz, equivalent to a decrease of 0.41% on the day. OANDA:XAUUSD hit an intraday high of $2,956.29 an ounce on Monday, a record high and the 11th all-time high refresh this year. The US Dollar Index (Dxy) hit its lowest since December 10 last year in intraday trading on Monday, making gold cheaper for buyers using other currencies. Another positive news for gold was that the US 10-year Treasury yield fell 1 basis point to 4.443%. SPDR Gold Trust, the world's largest gold ETF, announced its gold holdings rose to 904.38 tons last Friday, the highest level since August 2023. Trump says tariffs on Canada and Mexico will be imposed on time US President Donald Trump said on Monday that comprehensive US tariffs on imports from Canada and Mexico will take effect as scheduled after a one-month reprieve ends next week. Trump signed an executive order on February 1 imposing a 25% tariff on imports from Mexico and Canada. However, on February 3, Trump announced that new tariffs would be postponed for 30 days as Mexican President Sheinbaum and Canadian Prime Minister Trudeau both pledged to increase border enforcement. According to Trump's announcement, tariffs on Canadian goods will be deferred for 30 days, while tariffs on Mexican imports will be deferred for one month. Markets generally believe that these tariff plans will cause inflation and potentially trigger a trade war, thereby increasing demand for safe-haven assets such as gold and silver. Analysis of technical prospects for OANDA:XAUUSD Although on the daily chart, the RSI shows that the buying force is "exhausted" with price activity in the overbought area, the corrections that have occurred are not significant because the RSI has not yet gone below the 80 level with its steep slope. Looking at the technical chart, staying above $2,940 is a bullish factor and if gold continues to trade above the 0.382% Fibonacci extension it has a bullish outlook and a target then around $2,971 in the short term. The trend will still act as a short-term trend, even in case it breaks below, the main outlook for gold is still bullish with the price channel and EMA21 as main support. However, the market will not move in a straight line, so traders must always be ready for large downward corrections that can occur when RSI operates for a long time in the overbought area. In terms of trading, trades should be trend-based with support and resistance positions noted again as follows. Support: 2,922 – 2,915USD Resistance: 2,946 – 2,956 – 2,971USD SELL XAUUSD PRICE 2971 - 2969⚡️ ↠↠ Stoploss 2975 →Take Profit 1 2963 ↨ →Take Profit 2 2957 BUY XAUUSD PRICE 2909 - 2911⚡️ ↠↠ Stoploss 2905 →Take Profit 1 2917 ↨ →Take Profit 2 2923
OANDA:XAUUSD
by Xayah_trading
1