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GOLD → Ahead of ATH. How can price react to resistance?FX:XAUUSD is updating its highs and is gradually approaching ATH. Before the last spurt consolidation or correction may be formed, but chances of reaching ATH are quite high. Gold price continues its bull run amid uncertainty in Trump's trade policy and expectation of PMI data in the US. Market participants are seeking protection in gold due to global growth fears related to trade conflicts and rate policy. The hawkish stance of the Bank of Japan and dollar weakness also support the metal. However, a pullback is possible on Friday due to profit taking ahead of US GDP data and the Fed decision. Technically, there is a strong resistance zone at 2790 - istric high ahead. A false break of the resistance may trigger a profit-taking and subsequent correction. Resistance levels: 2790 Support levels: 2770, 2762, 2750 Before reaching the ATH, the price may form a retest of the support at 2762. But, the main focus is on the historical maximum. The chance of reaching the target is very high, but watch the price reaction to the resistance. False breakdown may provoke a deep correction. Regards R. Linda!
FX:XAUUSDLong
by RLinda
16
Be Ready ! The Price of GOLD will Rise.Gold (XAUUSD) is on a strong upward trajectory, with signs pointing to higher prices ahead. The market momentum suggests that gold is preparing to break past its previous all-time high (ATH). The demand for gold as a safe-haven asset is increasing, and key resistance levels are under pressure. If the breakout happens, we could see gold reaching new heights. Stay prepared, as this move has the potential to offer significant opportunities. Trade with caution and follow your risk management plan!
OANDA:XAUUSDLong
by Itsalikhaan
Stick to shorting goldDear Traders, As I mentioned in my previous update, we can still consider shorting gold around the 2785 level, anticipating a short-term pullback to the 2770-2760 range. Currently, gold has reached a high of 2785, just a step away from the previous high of 2790. At this stage, technical indicators have become less significant, with the 2790 resistance zone and the psychological level of 2800 serving as the primary reference points for initiating short positions. Although gold is demonstrating strong bullish momentum, I sense some signs of a "short squeeze." If profit-taking or a sell-off of profit-holding positions occurs, gold could experience a sharp correction. For this reason, despite the strong uptrend, I remain cautious and refrain from chasing the rally. Instead, I continue to utilize the **2790-2800** resistance zone as a basis for attempting short positions. Bros, are you still optimistic about the decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Analysis of the latest trend of gold market: Analysis of gold news: Spot gold maintained a mild decline in the European market on Thursday (January 23). Gold prices hit a three-month high of $2,763/oz on Wednesday, as attention turned to U.S. fundamentals, including U.S. initial jobless claims data. Gold traders are preparing for a series of top U.S. economic data scheduled for release on Thursday, which will provide new clues to the Fed's interest rate cut prospects this year. Friday's preliminary reading of the S&P Global U.S. Purchasing Managers' Index (PMI) will provide insight into the state of the economy. Weak U.S. economic data will further increase expectations that the Fed will cut interest rates twice this year. The mild inflation report for December released last week rekindled expectations of two rate cuts this year. It is worth noting that U.S. President Trump's tariff negotiations will continue to drive risk sentiment, the U.S. dollar and gold prices, while the influence of U.S. data may rank second. As investors await further instructions from the new Trump administration on potential tax cuts and trade policies. Gold prices remain near their highest levels since October as investors consider the impact President Trump's latest tariff threats on China and the European Union could have on the global economy. Gold technical analysis: Gold did not fluctuate much overall yesterday because of strong resistance near 2763 above. It stabilized near 2741 in early Asian trading, and fell back after reaching a high of 2763. The daily line finally closed with a long shadow positive line. Gold's recent breakthrough and rise is nothing more than the result of tariff hedging. Since January 17, we have seen that ETFs have also increased their holdings of 10 tons of gold, implying that they are preventing risk hedging. However, after Tuesday, they reduced their holdings by 11 tons for two consecutive days, indicating that the main force has gradually cashed in after the rise. The exit also shows that the space above 2765 is limited in the later period. In the early stage, 2790 fell to the 2530 area in two weeks, indicating that the pressure above is obvious. If it touches this area again for the second time, it will not directly break through. There will be more adjustments to fall at any time. No need If 200 US dollars falls, a half discount means an adjustment of 100 US dollars, and it cannot catch up with 2765. Therefore, today's breakthrough for the third day is also the key to the long and short market changes. The maximum range of 30 US dollars above 2765 may not be able to go up at all, but If it falls, it is easy to fall above 100 US dollars, so this area is bullish and not chasing long. Compared with historical highs, the amplitude and intensity of shocks increase. As long as you don't chase the rise and kill the fall, you can basically make a profit by controlling your position and shorting. . Today, gold is adjusted to be bearish, and the market may fall back at any time. The current pressure above is maintained at the 2760 line. This position is also the position that has been under pressure for a long time after breaking through in the early Asian morning. Therefore, we can continue to short around 2760 during the day. We cannot rebound too high. In the short term, it is likely to consume our patience. , then gold will be shorted directly at 2755-58 during the day, with the target near 2745-2735. Overall, our professional gold analyst team recommends shorting on rebounds as the main strategy for short-term gold operations today, and long on pullbacks as the auxiliary strategy. The upper short-term focus is on the 2760-2765 resistance line, and the lower short-term focus is on the 2730-2725 support line.
FOREXCOM:XAUUSD
by Caesar_Gorman01
Gold Analysis Update: Resistance Levels and Market OutlookHello Everyone! How are you all? I hope everything is going great! I'm excited to announce my return with a new TradingView account. I hope you’ll show the same love and support as you did with my previous account. Gold Analysis I'm observing that gold is facing resistance at 2762 on the H1 chart. It has been retesting this level repeatedly and pulling back to 2756. If gold fails to break 2763 on the H4 candle, we can anticipate a bearish market movement in the next few hours. All targets are clearly explained in the chart above for your easy understanding. Please like, comment, follow, and support! Thank you for your love and encouragement! 🙏
OANDA:XAUUSDShort
by MrStellanSight
3
Gold Price Forecast: Key Levels to Watch !!Gold Price Analysis: 🔑 Key Zones and 📉 Potential Reversal at MA200 1️⃣ Resistance Zone 🟥: The red-highlighted area marks a strong resistance zone. A breakout 🚀 above this level could lead to bullish momentum. 2️⃣ Liquidity Zones 💧: The "In LQ" region shows where liquidity may be resting, suggesting possible retracements or reversals near this point. 3️⃣ 200 EMA Support 📊: The MA200 (2,734.059) is a critical support level. A breakdown 🔻 here could send prices lower, testing further support levels. 📈 Potential Scenarios: 🔼 Bullish: Break above resistance 🟥 with higher highs. 🔽 Bearish: Rejection from resistance 🟥 leading to a drop toward the MA200 support 📉. Watch these levels closely! 🔎
OANDA:XAUUSD
by MrStellanSight
1
GOLD ROUTE MAP UPDATEHey Everyone, Once again another PIPTASTIC performance!! Not only did we clear all our targets but we were able to get in for the action well in advance with our cross and lock confirmation. After completing 2717, 2737 and 2753, we stated that 2768 was left open with cross and lock confirmation. This was hit perfectly today followed with a further cross and lock above 2768 opening 2786. This is now hit, completing this chart idea for a perfect finish to the week!!! We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
30
GOLD FURTHER SELL OFF?! (UPDATE)Gold has pushed up extremely bullish today, so far 320 PIPS. It has stayed below the last ATH of $2,790 keeping the market structure valid so far. BUT, it has surpassed the important price point of $2,780 which makes market structure very difficult to navigate right now. I'm waiting on the weekly candle closure to get a better idea of what Gold could possibly do next. The next few trading days should develop price action & make future direction more clear. Being patient right now.
OANDA:XAUUSDShort
by BA_Investments
1
Gold continues to rise Gold has recently shown a clear upward trend, and the price has steadily climbed along a long-term upward trend line. After a brief adjustment, the hourly price has once again broken through the previous resistance level of 2,763, showing strong bullish power. The lower support level is 2,730. This is a key support level confirmed by the upward trend line and the previous price correction low of 2,690. If it goes down here, the short-term trend of gold will change. The upper resistance level is 2,780. The current price is close to a new round of resistance area, and it may take greater bullish momentum to effectively break through. Overall, gold shows an obvious flag consolidation, which is a correction form after the price breaks through 2,763. Flag consolidation is usually a continuation signal of the upward trend, indicating that it may continue to rise in the future. The current price has broken through the upper rail of the flag, verifying the possibility of bulls continuing to exert force. According to the amplitude of the previous upward trend from 2,657 to 2,763, it is speculated that the short-term target of gold prices may be 2,790 or higher. Short-term risk: If the price falls back to 2,763, be alert to the possibility of a fall back to test the trend line support. Trading strategy recommendations: Long strategy: After breaking through the upper track of the flag, it is recommended to set a short-term long target of 2,790 and set a stop loss below 2,763 to reduce the risk of a pullback. Short strategy: If the price fails to break through 2,780 and shows signs of weakness, consider shorting near the resistance level, but pay attention to the support strength of 2,763. Risk warning: Gold prices are highly sensitive to market risk aversion and the US dollar index, and close attention should be paid to major events such as macroeconomic data and the Federal Reserve's interest rate decision.
FOREXCOM:XAUUSDLong
by RonPeter_Trading
SPY/QQQ Plan Your Trade For 1-24 : CRUSH patternToday's CRUSH pattern should resolve as a very big and very volatile price move. Based on my experience with CRUSH patterns, I believe today's move will be to the downside. The current trend is bullish/up (over the past 3+ days) and the SPY has just closed at a new closing price ATH. The QQQ is still below ATH levels and is moving cleanly in an EPP Flagging channel. I believe the SPY will stall out and revert downward today - essentially touching the new ATH levels yesterday, then rolling downward into my 1-20 through 1-23 topping pattern. Gold and Silver are moving strongly higher today as metals finally start to hedge against global risk factors. Get ready, I see metals moving much higher over the next 60 to 90+ days. BTCUSD has moved into a dual flagging pattern that I believe will resolve to the downside by about 9AM PT (12 noon ET). If my analysis is correct, this breakdown in BTCUSD could be the catalyst for a broader market downturn. It sure looks like today is going to be a great day for traders. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BITSTAMP:BTCUSDShort
by BradMatheny
1
GOLD knocking on the door of the current all-time highTVC:GOLD continues to advance rapidly and is already getting closer to the current all-time high. But can the price stay above the current all-time high of around 2790 by the end of this month? Let's find out. More a more detailed technical analysis watch the video. MARKETSCOM:GOLD RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:GOLD
by Marketscom
Gold Approaches Record Highs Amid Bullish MomentumGold Hits 12-Week High Over the past four weeks, Gold has gained 5.5%, and over the last 12 months, it has surged 37.54%. Gold Futures are approaching record highs, driven by a weaker U.S. dollar and ongoing uncertainty around tariffs. Gold Technical Analysis Gold remains in a strong bullish zone after breaking the 2759 level, with momentum building toward the 2788 all-time high (ATH). If the price closes a 4-hour candle above 2788, it is likely to extend gains toward 2804 and potentially 2813. However, if the price stabilizes below 2788, there is a strong possibility of a correction back to 2759. Key Levels Pivot Point: 2775 Resistance Levels: 2788, 2804, 2813 Support Levels: 2759, 2747, 2739 Previous idea:
OANDA:XAUUSDShort
by SroshMayi
Gold (XAUUSD): Bearish or Bullish? Gold Faces a CrossroadsIf you followed the levels we laid out in November, you’ve likely seen solid gains as TVC:XAU has risen nearly 6% since then. Gold has now reached our targeted area for wave B, sitting comfortably at the 88.2% Fibonacci level ($2,755) and reclaiming the trendline at $2,720 with ease. From our perspective, a downturn in the near future would make more sense, leading to a drop to at least $2,420 per ounce—an area we highlighted in our last analysis. The macro backdrop adds complexity. On his first day in office, the 47th U.S. President signed over 200 executive orders, sending shockwaves through the markets. Among these actions, President Trump suggested a 10% tariff on Chinese imports starting February 1, alongside potential tariffs on European imports. These moves could strengthen the US dollar, which would typically dampen gold’s appeal as a hedge against inflation while boosting its attractiveness in other scenarios. If gold continues higher, our count allows for a maximum target of $2,886. Should it exceed this level, we would need to re-evaluate our outlook. For now, we maintain a bearish near-term perspective while monitoring key levels closely. Key Levels: Support Levels: $2,720, $2,528 & $2,328 Fibonacci Levels: $2,859–$2,887
CAPITALCOM:GOLDLong
by freeguy_by_wmc
1
Gold Hits $2,770 Target – Will It Break Historical Highs Today?Analyzing the 4-hour chart of gold, we observe that the price reacted to the expected levels of $2,755, $2,757, and $2,759 yesterday, followed by a strong breakout to hit our anticipated target of $2,770. Currently trading at $2,777, gold shows no signs of rejection or a significant pullback. As the final trading day of the week unfolds, the big question remains: will gold surpass its previous historical high of $2,790? With today's growth reaching $2,780, it's just 100 pips away from breaking that record. The opening of New York markets could provide the decisive momentum. A new historical high and even targets beyond $2,800 seem within reach! Stay tuned for updates, and don't forget to support this analysis with your reactions to keep the momentum going. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
12
Gold Approaching Major Resistance – Will It Drop to 2,736$?OANDA:XAUUSD is nearing the upper boundary of an ascending channel, which aligns with a major resistance zone. This area has acted in the past as a reversal point, making it a key level to watch for potential bearish movements. If the price confirms rejection at this level, I anticipate a move downward toward the 2,736$ level, consistent with the channel’s structure and a nearby support zone. Conversely, if this resistance is breached, it could signal increased buying pressure and a continuation of the bullish trend.
FX:XAUUSDShort
by TrendDiva
3
GOLD at Key Resistance: Will Sellers Take Control?OANDA:XAUUSD has reached a key resistance zone, an area where sellers have historically regained control. The ongoing bullish momentum may face exhaustion as price approaches this level, making it a potential turning point. If bearish confirmation appears, such as rejection candles or a bearish engulfing pattern, I anticipate a pullback targeting the 2,740.000 level, which represents a logical target within the current market structure. This setup reflects a possible short-term correction within the broader market context.
OANDA:XAUUSDShort
by DanieIM
4
XAUUSD: Trump set the markets on fire!Gold is above the EMA200 and EMA50 on the 4-hour time frame and is in its ascending channel. Our initial position today will be to buy gold. If gold rises to the previous ATH, we can look for selling positions at the ceiling indicated by the upward trend line. It appears that Trump has softened his stance on tariffs, a shift that has significantly impacted the dollar. He has stated that he prefers using tariffs as a tool to control China rather than directly imposing them. Currently, a 10% tariff on Chinese imports might be implemented, though this is far from the 60% tariff he had proposed during his campaign. If Trump has taken a more lenient approach toward China, could he adopt a softer stance on other countries as well? Perhaps. Regardless, the tailwind that supported the dollar since December has officially shifted direction. The dollar seemed to hold Trump’s “trump card”—quite literally—at the start of the new year. But was that truly the case? If you recall, Trump’s stance on the dollar this time contrasts sharply with his first term in office. Now, Trump favors a weaker dollar—or at least that’s what he said last year. The only viable option to achieve this is pressuring the Federal Reserve to lower interest rates more quickly, and it seems that’s precisely what he’s trying to do. He now claims that he “understands interest rates better than the Federal Reserve” and insists that rates should be reduced “immediately.” However, this does not necessarily mean the Fed will alter its current policy. The Federal Reserve’s mandate typically operates beyond political influence, but Trump could ease the situation if he merely talks about tariffs without taking action. This would help alleviate inflation concerns, but we might need to wait a few more months to be certain, which is likely what Federal Reserve policymakers would prefer. That said, one can never rule out the possibility of Trump abruptly changing his mind. For now, however, it seems the dollar has started the new year under Trump’s influence. As tariff concerns fade, the focus will shift back to inflation and labor market data to determine where the economy heads from here.
FOREXCOM:XAUUSDLong
by Ali_PSND