XAUUSD Technical correction on the Channel Up started.Gold is trading inside a Channel Up for the entire month of January.
This pattern has so far given 4 corrections/bearish waves, all of which hit their 0.5 Fibonacci retracement level.
Given that the price got rejected today at the top of the pattern, we anticipate that the new technical correction has started.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 2775 (on the 0.5 Fibonacci level, like all previous 4 corrections).
Tips:
1. The RSI (1h) already formed a Bearish Divergence, which confirms the sell signal.
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Notes:
Past trading plan:
Gold
GOLD // ideas for both directionsKey Chart (H4)
The daily structure was broken 2 days ago, but the buyers immediately took control, and pushed the price back above the daily long impulse base.
This correction on H4 created a triangle that gives traders a chance to trade both directions.
The dashes levels are clean breakdowns and breakouts (some on lower timeframes) that may stop the price, and where trade management is advisable.
Key Fundamentals
Summary
The gold market is currently experiencing significant activity, with prices holding steady as investors assess the Federal Reserve’s recent decision to maintain interest rates and its implications for economic policy. Additionally, substantial gold shipments from London to New York, driven by tariff concerns, have led to liquidity challenges in the London market. Despite these developments, gold continues to be viewed as a hedge against economic uncertainties.
Key Factors
Federal Reserve’s Recent Decision:
The Federal Reserve announced it would keep the federal funds rate unchanged at 4.25% to 4.5%, indicating a “wait and see” approach to future monetary policy adjustments. Fed Chair Jerome Powell emphasized that the central bank is in no rush to alter its policy stance, despite external pressures.
Market Dynamics:
Traders have transferred approximately $82 billion worth of gold from London to New York, anticipating potential tariffs. This movement has led to liquidity issues in the London market, causing delays of four to eight weeks for those trying to access their gold.
Supply and Demand:
The significant gold shipments to the U.S. have resulted in a shortage of bullion in London, as traders accumulate stock in New York due to tariff concerns. The waiting time to withdraw gold from the Bank of England’s vaults has increased from a few days to between four and eight weeks.
Central Bank Activity:
The London gold market is experiencing a surge in demand for borrowing gold from central banks following significant shipments to the United States. This surge is attributed to speculation of potential U.S. import tariffs.
Actionable Insights
Bullish Case:
Economic Uncertainty: If the Federal Reserve maintains its cautious stance and geopolitical tensions escalate, gold prices may rise as investors seek safe-haven assets.
Supply Constraints: The current liquidity issues in London could lead to higher premiums on physical gold, potentially driving up prices.
Bearish Case:
Interest Rate Decisions: Should the Federal Reserve adopt a more hawkish stance in the future, increasing interest rates, the opportunity cost of holding non-yielding assets like gold could rise, leading to potential price declines.
Trade Policy Resolutions: If concerns over tariffs diminish, the recent demand surge for physical gold in New York may wane, potentially easing current supply constraints and stabilizing prices.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
Clean (not yet tested) breakdown - dashed green
Clean (not yet tested) breakout - dashed red
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Stay grounded, stay present. 🏄🏼♂️
<<please boost 🚀 if you enjoy💚
Plan Your Trade : Behind The Scenes - Learning PerspectiveI created this video to help answer a question from a follower.
One of the biggest concerns for traders is how to use my research/info in a way that benefits them.
My Plan Your Trade videos are based on Daily & Weekly price patterns/cycles. I won't delve into the Intraday research much because it is almost impossible to predict 2 to 10-minute price bars/action throughout the day when new hits and external price data may dramatically change how price moves throughout the day. I would have to continue making videos every 30 to 45 minutes to help you understand the dynamics of intraday price action.
Either way, watch this video to learn a bit more about my research and why I'm trying to help traders learn to make better decisions.
I'm really not here to tell you what to trade - or when to trade. I'm here to help you learn to make better trading decisions ON YOUR OWN.
I try to help you learn to become a more knowledgeable and skilled trader by sharing some of my advanced research and demonstrating patterns, setups, price levels, and Cycle Patterns.
The only thing I can do to help you become a better trader is to help you learn better skills and techniques. If you treat trading like gambling, you'll go broke (often). If you understand trading as a process of grabbing profits when efficient and limiting risks, you'll survive and grow your account over time.
It's really that simple.
Get some.
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GOLD MAJOR TOP this is the ALT due by 2/3 The chart of GLD has an alt bearish count . The chart labeled shows a 5 wave wave up and at todays high it is a perfect x 1.272 to = at 259.7 I have now moved to a 100 % long in the money PUTS> if how ever we close above 261.8 I would then look for the Original target of 265 plus I will Hold in the money puts best of trades WAVETIMER
Gold XAUUSD Possible Move 31.01.2025 Gold (XAU/USD) Price Action Analysis – Potential Bullish Move
Market Structure & Key Levels:
Current Price: 2,794.63
Resistance Zone: 2,800 - 2,805 (Gray Box - Supply Zone)
Support Zone: 2,785 - 2,788 (Gray Box - Demand Zone)
Major Support (Green Zone): 2,780 - 2,783
Target Level: 2,815
Technical Outlook:
Consolidation Phase:
Price is currently trading within a range-bound structure, oscillating between the supply zone (2,800-2,805) and the demand zone (2,785-2,788).
The rejection from resistance suggests temporary selling pressure, but overall, the structure remains bullish.
Liquidity Grab & Potential Entry:
The price is expected to dip into the green support zone (2,780-2,783) before initiating a strong bullish move.
This area represents a high-probability buy zone, aligning with market liquidity and potential institutional orders.
Bullish Breakout Expectation:
Once price finds support in the green demand zone, a strong push toward 2,805+ is likely.
If price clears 2,805, the next major target should be 2,815 (highlighted in red).
Trade Setup & Signal:
Buy Entry: 2,782 - 2,785 (Upon bullish rejection in the green zone).
Stop-Loss: Below 2,774.
Take-Profit Levels:
First TP: 2,800 (Range Resistance).
Second TP: 2,805 (Breakout Level).
Final TP: 2,815 (Major Target).
Conclusion:
The market is consolidating within a tight range, showing bullish bias.
A dip into the green demand zone (2,780-2,783) is an ideal buying opportunity before price targets 2,805 - 2,815.
Confirmation of a bullish reversal at the key support zone is essential before entering long positions.
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Gold & Silver Go Ballistic: The Fed Collides with Trump!Well, well, well… look who’s breaking records like a rockstar smashing guitars. Gold just hit an all-time high, blasting past $2,795 per ounce like it’s got a rocket strapped to its back. 🚀💰 Meanwhile, silver? Oh, she’s not just tagging along—she’s on a mission, up 60 cents to $31.65 per ounce. 🎯⚡
But wait… this isn’t just your average bull run. There’s blood in the water, and the sharks are circling. 🦈💸
🔎 Behind the Scenes: The COMEX Panic
Turns out, Trump’s tariff threats have thrown institutional traders into full-blown “Oh Sh*t” mode. 🏃💨 They’re scrambling to move gold and silver into the U.S. before any new taxes hit, and it’s causing absolute chaos in the background. The COMEX is feeling the squeeze, and some traders? They can’t even source the metal to cover their bets—so they’re bailing out of positions before they get steamrolled. 🚨📉
And if you think silver is done partying, think again. An analyst at TD Commodities just threw gasoline on the fire, warning that the market is severely underpricing a potential EXPLOSION in silver prices. 🔥💥 With tariffs on Mexico & Canada looming, this thing could go vertical any second now. 📈🤯
💀 Meanwhile, in Trump Land…
The Orange Man himself is out here taking shots at the real villain (in his eyes)—the Federal Reserve. 🎯💀 In a classic Trumpian mic drop moment, he blamed the Fed for wrecking the economy with inflation:
👉 “If the Fed had spent less time on DEI, gender ideology, 'green' energy, and fake climate change, Inflation would never have been a problem.” - Trump, straight from Truth Social. 🔥🎤
Love him or hate him, one thing’s for sure—markets are feeling the heat. And if these tariffs go live, this gold & silver rally could turn into an absolute face-melter. 🏆🔥
📢 Stay locked in. This ride’s just getting started. 🚀💰
New Quarterly Shift Analysis for XAUUSDThis post is based on my learnings from ICT Quarterly Shift Analysis teachings.
In September 2024, I published my quarterly shift analysis for #Gold. Back then, I estimated a shift in the market structure for Gold on or around the US Presidential Election date. It happened exactly as outlined. I estimated Gold to make a bear move or to create a large range, it did indeed created large range and has been moving within the range since then. The top of the range is 2790.10 and the bottom of the range is 2536.60.
For the new quarter, I expect Gold to make a new market structure shift during the week of President Trump's inauguration, specially on the Inauguration Date (20 January 2025).
During this critical period (from 20th to 31st January 2025), If Gold closes a strong bull candle above 2790.10, then I expect Gold to move towards new highs (2828, 2918 and 3000) in the next three-four months.
BUT, if Gold closes a strong bear candle below 2536.60, then I expect Gold to move towards 2480, 2340, and 2200 in the next three-four months.
Since US Elections, Gold has created more bearish indications compared to bullish indications, therefore, I am more in the favor of a bearish move, but I will wait for price confirmations to make up my final decision during the Inauguration Week.
Disclaimer: This is not a signal, just an analysis for your consideration and benefit. Please mix it with your own analysis.
SPY/QQQ Plan Your Trade For Jan 31 : GAP PotentialAs we move into the end of January 2025, I'm still watching for technical failure near these higher levels. On Monday, we saw a huge breakdown in the markets just days after my Jan 21-23 Top prediction. Now, as we are moving into the Feb 9-11 DeepV base/bottom pattern - I've been expecting the markets to move into a downward trending phase - which has not happened yet.
The way I see the markets right now and how I would offer a general interpretation of the trend is "struggling to find/set a new trend".
In other words, the markets are really congested in a wide range. I believe the markets will attempt to move downward after today's opening GAP higher.
I believe the markets are going to continue to struggle to find support and trade in a downward-sloping consolidated price range until Q3/Q4:2025.
I believe the markets are reacting to earnings and continued support right now, but that will ultimately resolve as a breakdown phase over the next 60+ days - leading to the multiple BASE/BOTTOM patterns my cycle research suggests will happen.
So, I continue to explain what I see in the context of the broader cycle phases.
Gold and Silver may rally a bit today - but we have a CRUSH pattern on Monday - so try not to carry any positions over the weekend.
BTCUSD is struggling to move away from very strong consolidation. It is also setting up multiple Excess Phase Peak patterns. I believe we need to be patient as BTCUSD struggles to find a new trend. Right now, I see more downside potential than upside potential.
I would offer one warning about today. Today's opening GAP will likely prompt a breakdown in price (moving downward) as we head into next week.
I believe next week will be very volatile. Buckle up.
Get Some.
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GOLD at Critical Resistance – Reversal Incoming?OANDA:XAUUSD is trading at a key resistance zone, a level where sellers have previously taken control. If buyers fail to break through, we could see a rejection that sends the price lower toward $2,740.
I anticipate a move downward if we get bearish confirmation—such as rejection wicks, a bearish engulfing candle, or weakening buying pressure. However, a strong breakout and sustained hold above this zone could invalidate the setup, shifting momentum bullish and opening the door for new highs.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
Gold can reach resistance line of channel and then start declineHello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price entered to upward channel, broke the 2620 level and reached the resistance line of the channel. After this, Gold made a correction to the buyer zone and then turned around and quickly rose back. Then the price made a correction again and continued to move up inside the channel, and soon it reached the second support level (2700) which is located inside the support area and at once corrected to the support line of the channel. Next, the price some time traded near this line and soon reached the 2700 level and broke it, after which made a retest and continued to move up next. Later Gold rose to the current support level, which coincided with one more support area, and corrected the support line of the channel. Price some time traded near this line, again, and later rebounded up to the 2780 level and broke it too. At the moment, the price continues to move up and I think that Gold can reach the resistance line of the channel and then start to decline to the support line, breaking the support level. That's why I set my TP at 2770 points. Please share this idea with your friends and click Boost 🚀
Gold looks weak short 📊 Analyzing **Gold (XAUUSD)** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📉 Gold is likely to decline from **$2,797** to **$2,700**, forming a potential short setup.
Key resistance has been identified, and a downward move is expected in the short term.
🔒 Stop Loss can be set above resistance to manage risk effectively.
🔍 We are using key support and resistance levels to identify this trade setup.
Gold is approaching a crucial resistance zone, indicating a possible rejection.
**Bearish View:** Expecting a move from **$2,797** down to **$2,700**.
**Bullish View:** If Gold breaks above **$2,797**, further upside may follow.
🌟 This setup presents a very interesting opportunity! Watch price action near **$2,797** for confirmation. 📉
⚠️ **Note:** Further downside is expected if Gold breaks below **$2,700**. ⚠️
🔔 **Be sure to follow the updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** Gold (XAUUSD) across multiple timeframes.
⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! 🔒
💡 **Follow your trading plan; this is just my analysis. I’d love to see your thoughts in the comments!**
✅ **Don't forget to hit the 'Like' button** ✅ 🙏😊 & share it with your friends; thanks, and happy trading! 📉
GOLD Under Pressure! SELL!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2796.6
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2772.5
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
XAUUSD - Gold hits new ATH!Gold is trading above EMA200 and EMA50 on the 1-hour timeframe and is in its ascending channel. A correction towards the demand zone will provide us with the next buying opportunity with a good risk-reward ratio.
Donald Trump has announced his intention to impose a 25% tariff on imports from Canada and Mexico due to the fentanyl issue, emphasizing that these tariffs will take effect starting Saturday. He also stated that China will eventually have to pay tariffs as well, and that the U.S. is already implementing trade restrictions against Beijing.
Trump further asserted that the era of passively watching BRICS nations attempt to distance themselves from the U.S. dollar is over. He declared that these countries must commit to neither creating a new BRICS currency nor supporting any alternative to the powerful U.S. dollar. Otherwise, they will face 100% tariffs and lose access to the thriving American economy. He insisted that BRICS has no chance of replacing the U.S. dollar in global trade, and any country attempting to do so will face severe economic consequences.
(Translation continues…)
Continuation of the English Translation:
Trump’s repeated tariff threats have raised concerns among American consumers and introduced economic risks for the United States. Even the mere discussion of such tariffs can have significant economic effects by influencing consumer behavior. Evidence suggests that many Americans are seriously worried about the potential consequences of these policies.
According to a survey conducted by economists from the University of Texas, the University of California, and the University of Chicago, Americans expect substantial tariffs to be imposed on all major trade partners—50% on Chinese imports and 35% on imports from Canada and Europe. Contrary to Trump’s claims, most citizens believe these tariffs will directly impact them by driving up prices. When asked about a hypothetical 20% tariff, half of the respondents stated that the majority of the costs would be passed directly to consumers.
Political differences are also evident in the perception of these tariffs. Democrats and Republicans disagree on the extent to which consumers will bear the costs. Democrats estimate that 68% of the tariff burden will fall on consumers, whereas Republicans believe it will be around 41%. Regardless of political stance, the financial strain from these tariffs is expected to be significant, particularly for consumers already weary of inflation.
Both the public and economists recognize that tariffs on imports can also raise prices for domestically produced goods. The economic impact of tariffs was clearly demonstrated during Trump’s first term. A study found that the tariffs imposed in 2018 on washing machines from South Korea and China led to a nearly equivalent price increase for washing machines in the U.S.—and even drove up the price of dryers as well.
Even if these new tariffs are not implemented, their mere threat can lead to price hikes. Many consumers, anticipating higher costs, are choosing to make purchases in advance. In a survey, 43% of respondents stated that they would buy products before the tariffs take effect to avoid potential price increases.Another survey in January found that 20% of people believed that now was the right time to buy durable goods because prices were likely to rise.
Businesses are responding in a similar fashion. Many companies are stockpiling inventory ahead of potential tariff hikes or shifting their supply chains to countries that would not be affected. This behavior has contributed to a surge in exports from China to the U.S., with December marking the second-highest export level on record—at least partly driven by efforts to preempt new tariffs.
These strategies, however, come with additional costs, much of which will likely be passed on to consumers. The COVID-19 pandemic provided a clear example of how supply chain disruptions can lead to widespread cost increases. For instance, higher import costs for auto parts eventually resulted in more expensive vehicle repairs and insurance premiums.
Stimulating inflation under current economic conditions—even temporarily—would be costly. The Federal Reserve has paused further interest rate cuts, waiting for clearer signs of sustained inflation reduction. Rising prices for key goods, particularly automobiles, halted progress in lowering inflation in the fourth quarter of last year. Additional inflationary pressures caused by tariff expectations could delay the Fed’s next rate cut and keep interest rates elevated for an extended period. The uncertainty surrounding future tariffs reinforces the Fed’s cautious stance.
Inflation is not the only concern stemming from tariff threats. A third of survey respondents indicated that the likelihood of widespread tariffs would lead them to cut spending and increase savings. The greater the uncertainty surrounding trade policy, the stronger the incentive for precautionary savings.
American consumers have been the driving force behind the nation’s economic recovery. However, the recent wave of tariff threats has created deep concerns, potentially putting the U.S. economy—widely regarded as one of the strongest in the world—at risk.
DeGRAM | GOLD correction after the topGOLD is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart has formed a harmonic pattern.
We expect a correction.
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Gold Is Eyeing 2800 AreaGold remains in a strong intraday five-wave bullish impulse and the recent intraday three-wave a-b-c decline indicates for wave 4 correction that stopped perfectly at the former wave "iv" swing low and 38,2% Fibonacci retracement, which is a textbook pattern by Elliott wave theory. With the current bounce, be aware of a bullish resumption within wave 5 that can send the price towards 2800 area, especially if breaks above intraday channel resistance line.
DeGRAM | GOLD is holding in a rising trendGOLD is in an ascending channel.
The price has held the lower boundary of the channel and is now approaching its historical peak.
The chart is moving from the support level where a bullish takeover was formed.
We expect XAUUSD to conquer a new top.
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Gold Surges on Tariff Concerns and Global Central Bank Easing Gold neared $2,800 per ounce on Friday, hitting a record high as Trump’s renewed tariff threats fueled demand for safe-haven assets amid trade war fears.
The rally was also supported by dovish central bank policies. The ECB cut rates, the BoC ended quantitative tightening, and the Riksbank eased policy. The PBoC and RBI signaled looser monetary stances. Meanwhile, the Fed held rates steady, reinforcing expectations for two cuts later this year. Gold is on track for its biggest monthly gain since March 2024.
Technically, the first resistance level will be 2800 level. In case of this level’s breach, the next levels to watch would be 2820 and 2858 consequently. On the downside, 2730 will be the first support level. 2660 and 2630 are the next levels to monitor if the first support level is breached.