Gold at the Top of the ascending channel,a price correction?!As you can see in the gold chart, the price has reached the top of the ascending channel and at this point in the past of the market there is also a very important static resistance (around $2750) which can correct the price of gold in the short term.
Gold
GOLD BULLISH BREAKOUT|LONG|
✅GOLD is trading in an
Uptrend and the price broke
A strong key horizontal level
Of 2720$ and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further bullish move up
After a potential local pullback
LONG🚀
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GOLD → A very strong uptrend may get its continuationFX:XAUUSD is rising due to high geopolitical and political risks. A strong bullish trend is forming, within which the price tests the strong resistance 2726 and draws a false break of the resistance...
The rise is shaping up more on the back of Trump's threats on tariffs, adding to the risk-negative sentiment in the markets. Trump has proposed imposing tariffs on Mexico and Canada, as well as the EU and China, if a trade agreement is not reached. These threats are supporting demand for gold as a safe-haven asset. However, the strengthening dollar and expectations of Fed rate cuts are limiting further upside for gold. Trading in the coming days will depend on the general market atmosphere and Trump's tariff discussions.
Technically, a false break of such a strong resistance could temporarily slow the growth and move the price into correction or consolidation, but there are nuances of technical...
Resistance levels: 2721, 2726, 2761
Support levels: 2703, 2697, 2690
At the moment it is worth paying attention to 0.5 fibo (2717) and 0.7-0.79 fibo. These are quite strong and important liquidity zones that can stop the correction and bring gold back to the uptrend. A retest of the local high of 2726 - 2732 will hint at the readiness of the metal to go even higher.
Regards R. Linda!
GOLD ROUTE MAP UPDATEHey Everyone,
Once again a PIPTASTIC day on the markets with our analysis playing out perfectly!! Clean calls, clean setups and clean finish!!!
Yesterday after completing the bearish target, we stated that no lock below confirmed the rejection and bounce and that we were heading towards our Bullish target at 2717.
- This played out perfectly with 2717 being hit during Tokyo session. We then got ema5 lock above 2717 opening 2737, which was also hit completing the target. We will now look for ema5 lock above 2737 for a continuation or failure to lock will follow with a rejection into lower Goldturns for support.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2717 - DONE
EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET
2737 - DONE
EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2768
EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET
2786
BEARISH TARGETS
2696 - DONE
EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET
2675
EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2661 - 2647
EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE
SWING RANGE
2632 - 2618
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD (XAUUSD) Extraordinary SELL ComingGold (XAU/USD) Trading Signal and Analysis
Current Price: 2,743 USD
Sentiment: Bullish momentum continues despite potential volatility linked to macroeconomic factors, including Trump's return and increased demand for safe-haven assets by financial institutions.
Technical Outlook:
The price is currently testing a high zone between 2,743 and 2,751, approaching the upper boundary of its recent bullish range.
A retracement is anticipated, targeting at least 30% of Fibonacci retracement, aligning with a move toward the lower band of the Bollinger Band.
Signal:
Sell Zone: Enter short positions between 2,743 and 2,751.
Target: Aim for a price level near 2,670 on higher timeframes.
Stop-Loss: Set a stop-loss according to your portfolio risk tolerance. Position it slightly above 2,760 to account for potential breakouts.
Analysis and Strategy:
Macro Factors: Bullish pressure is driven by demand for gold as a safe-haven asset. However, retracement is expected due to market corrections and profit-taking.
Technical Indicators:
Anticipated correction aligns with Fibonacci 30% retracement.
Bollinger Bands suggest a possible pullback towards the lower band as price reverts to the mean.
Support:
Support Zones: 2,670, with a minor level at 2,680.
Resistance Zones: 2,751–2,760.
Recommendation: Use position sizing and stop-loss placement that align with your portfolio's risk management strategy. Adjust take-profit targets if momentum extends the retracement.
Please show support by following, comment, like and share.
GOLD - 15 min ( Best Buy and Sell Scalping Area After Break Out The analysis presented for GOLD via FXCM indicates significant trading levels on the 15-minute time frame. A bullish breakout is anticipated following a key level at 2717.5, bolstered by high trading volume. Conversely, a bearish scenario is projected if the price descends below the key level of 2702, again accompanied by elevated volume. Our commitment lies in providing precise trading opportunities and insights, grounded in rigorous analysis rather than mere numerical data.
⚡️GOLD / FXCM
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 2717.5 Point
🚨Bearish After Break Out key level + High Volume / 2702 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
GOLD FURTHER SELL OFF?! (UPDATE)As you can see from the last update, Gold has decided to push higher towards our 'Option 2' scenario. We've seen huge bullish momentum since the start of this year, which I'm viewing as liquidity grab for the year, before it can move down.
Gold is creating an 'Extended Flat Correction' hence why we are seeing such a long consolidation. Have to learn to exercise patience in these slow market conditions.
Gold is still on the riseThe euro and the pound have gained against the dollar, putting the two currencies on track for their biggest one-day gains against the dollar in more than a year. The reason is that new President Donald Trump will not impose tariffs on US trading partners on his first day in office. On the other hand, analysts say that the import tariffs that Donald Trump is expected to impose are being exaggerated. Accordingly, the dollar may continue to depreciate in the coming time, which is beneficial for the gold market.
As the dollar depreciates, gold becomes more attractive to holders of other currencies. Meanwhile, traders expect gold prices to rise even further in the future.
Gold could surge above $2,800 if Donald Trump puts his proposals into action. Persistent inflation and rising economic uncertainty as government debt continues to rise are helping push gold prices to a key resistance level above $2,700 an ounce. While gold is seeing solid gains, some analysts note that the precious metal still has a long way to go before it breaks out of a two-month consolidation.
🔥 XAUUSD SELL 2739 2741 🔥
✔️TP1: 2720
✔️TP2: 2710
✔️TP3: OPEN
🚫 SL: 2746
Analysis of the latest gold market trends:
Analysis of gold news: On Monday (January 20) in the European market, spot gold maintained its rebound trend, and the current gold price is around $2,711/ounce; gold traders will focus on the inauguration of US President-elect Donald Trump, whose remarks may cause sharp market fluctuations. On January 20, Eastern Time, US President-elect Trump will hold an inauguration ceremony, and the highlight of the ceremony - Trump's swearing-in ceremony and inauguration speech will be held at 12 noon Eastern Time, when Trump will officially start his second presidential term. The outside world expects Trump's extensive trade tariffs to further stimulate inflation and trigger a trade war, which may increase the safe-haven appeal of gold. Looking ahead to this trading day, gold prices are still facing the risk of two-way fluctuations. The thin market trading during the holiday and speculation around Trump's "first day" executive order may exaggerate the fluctuations of gold prices. The uncertainty of Trump's tariffs and trade policies on the global economy and their potential impact on economic growth are expected to maintain the safe-haven demand for gold. In addition, January 20 (Monday) is "Martin Luther King Day", and the US stock market will be closed for one day.
Gold technical analysis: Gold prices bottomed out and rebounded in the early Asian session, and the low point happened to be at the 2690 line, which is also consistent with the point expected by our professional and senior gold analyst team last week. Gold has opened a deep V rebound pattern with a large amplitude. For now, the early trading directly continued to decline. In the short term, it is expected to retrace the four-hour lower line and the weekly chart gap. The hourly chart is also short-selling. Therefore, for the current market, theoretically speaking, it is definitely a rebound high to short. There is no US market today, so waiting for the rebound to short can only be a slogan. Although the market continues to fall, it is not suitable for chasing shorts. The upper pressure is 2713. If it rebounds to this point during the day, an effective short order can be made. The lower side gradually sees 2690 and 2680, and the strong force directly sees 2650.
The 4th cycle of gold is very obvious. 2725 peaked, Bollinger closed, and after continuous negative closing, the moving average spread up and down. At the beginning of the week, it should at least go to the 2670 support point below. Therefore, this proves that 2680 will definitely break, and the trend this week will definitely Will switch, therefore, to be firmly bearish on gold until the effective expected target is reached. On the whole, our professional and senior gold analyst team recommends rebound shorting as the main operation strategy for gold today, and callback longing as the auxiliary. The short-term focus on the upper side is 2720-2725 resistance, and the short-term focus on the lower side is 2695-2690 support.
SPY/QQQ Plan Your Trade For 1-21 : GAP Breakaway PatternAfter a long weekend, Trump's Inauguration, dozens of Presidential EOs being signed, and the markets searching for direction while nearing my cycle top/peak date (1-20) - I suspect the markets will move into a moderate sideways/topping type of price action over the next 3-4+ days.
It makes sense to me, after watching BTCUSD attempt to rally above the $108k level and fail, that we are moving into a post-Inauguration "reality" phase for the markets.
Yes, the US markets and economy are still clicking right along. We've seen an incredible rally from the 2022 lows, and I believe the markets may stall into a sideways (megaphone) type of pattern in early 2025.
If my research is correct, the process of stabilizing the US economy around Trump's policies and plans will take about 3-4+ months to actually materialize.
Yet, at the same time, the US economy is clicking along quite well, and I expect Q1 & Q2 2025 to be well within expectations - unless something massive breaks.
So, we are moving into my TOPPING pattern area right now. I strongly suggest traders prepare for a moderate pullback in price starting possibly near 1-23 to 1-24. Until then, I believe the markets will be "seeking a top" - that means trying to rally into resistance.
BTCUSD has already reached a peak and is moving into a new EPP pattern.
Gold and Silver should attempt to hedge risks and that means metals should attempt to break away from the current FLAGGING formation.
Things are about to get very interesting.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
XAUUSD SHORT OPPORTUNITY 1:5
Fundamental Sentiment
Inauguration Day- Anticipating a bullish dollar NY open
Directional Bias
New York bias - Bearish bias
Price Action:
AMD Model this session: Accumulative price action in Asia, Bullish Manipulation start of London session. Anticipating a bearish distribution in New York
15mins market structure shift with a clear AOI at the bearish orderblock.
Setup invalidation
If price rallies above the high of London open, this will invalidate this setup.
GOLD Technical Analysis! SELL!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2727.0 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2716.0
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
GOLD TRADING POINT UPDATE > READ THE CHAPTAIN Buddy'S dear friend 👋
Gold Trading Signals 🗺🗺 Update Gold Traders SMC-Trading Point update you a new analysis setup for Gold traders Gold making still holding up trand And channel 💥 technical analysis setup last time post signals 💯 Hit target 🎯 400+ pips profits 💰🤑 💥🚀
New analysis setup Guys 2740 open it short trade entry ☺️ target point 2697 why is it Sell trend 📉 guys 2740 channel. Trend. And below 👇 rejected point receiving support level 🎚️
RSi 70- 50 MA support level 2662
Resistance level 2730 2740
Support level 2720 2700 2609
Mr SMC Trading point
Support 💫 My hard Analysis setup like And Following 🤝 me that star ✨ game 🎮
GOLD on an edge of breakoutGold already made 3 attempts to breakout and now in a process of forth attempt. The more times resistance is tested the weaker it becomes - that is a golden rule. And therefore now chances for breakout are at their maximum.
Nearest target levels are 2743 / 2762 / 2790 - after that open targets within ATH
DeGRAM | GOLD correction in the channelGOLD is in an ascending channel between the trend lines.
The price is moving from the upper trend line, channel boundary and resistance level.
After reaching the dynamic resistance, the chart formed a harmonic pattern and afterwards formed a bearish takeover.
We expect XAUUSD correction.
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Gold Buy Signal: Bullish Momentum Alert! The gold market is on 🔥 with strong bullish momentum dominating the charts! 📈 We’ve identified a powerful upward channel that’s guiding prices higher, supported by impeccable price action setups.
Key Highlights:
✨ Price is breaking key levels with confidence, signaling continued strength.
✨ Uptrend intact, with no signs of slowing down.
✨ Perfect entry opportunity to ride the wave as the market pushes toward new highs.
📌 Don’t miss out on this golden opportunity—secure your position now and capitalize on the ongoing rally! 💰
The global economy faces many uncertainties.Gold prices rebounded overnight as Donald Trump is likely to delay imposing tariffs. According to the Wall Street Journal, Trump issued a presidential memorandum directing federal agencies to investigate trade deficits and address unfair trade and currency policies from other countries. However, the directive does not include imposing new tariffs on the first day of his inauguration, which many countries have feared.
Fears of tariffs and a global trade war have significantly affected the precious metals market. Last week, gold prices rose above $2,700 an ounce, while silver prices returned above $30 an ounce, reflecting the urgency of the market.
Some analysts have attributed the rise in gold and silver prices to disruptions in the global supply chain as the precious metals are moved from London to New York. Donald Trump’s tariff threats have created huge volatility in the futures and physical asset swaps market, as banks have moved large amounts of metals to the US to avoid the risk of potential tariffs.
🔥 XAUUSD SELL 2726 2628🔥
✔️TP1: 2710
✔️TP2: 2700
✔️TP3: OPEN
🚫 SL: 2736
XAUUSD BUY NOW XAUUSD - GOLD
TRADE SETUP & KEY POINTS :
4Hr time frame forming a Parallel Channel.
Market Coming Channel Bottom.
Support Level - 2710 $
Next Support & Channel Bottom - 2692 $
Entry - Focus on Support Levels
Target - Channel Top
Stoploss - Channel Breakout ..
Happy trading .. we will Update soon ..
Gold Trends and Signals UpdateOn the daily chart, the daily chart broke the 4-day winning streak and fell slightly on Friday. The decline at the end of the trading day caused a continuous decline. The price effectively crossed the short-term moving average and led the short-term moving average to turn downward at 2710 and 2707. Other periodic indicators also formed a short position arrangement. The Bollinger Bands as a whole shrank sharply. In addition, the MACD indicator once again crossed downward. Therefore, the 4-hour level should still be prepared for an intensified decline!
Trump took office today, and the market may become complicated. Beware of abnormal market fluctuations. From a technical perspective, Huang Jin ended the strong bullish pattern last week. After a weak closing, a break of 2700 was formed, and there was a further wide adjustment in prices. Trading ideas: short-term layout of selling high and buying low.
Gold fell directly after the opening of the Asian session. Gold bulls had no power to fight back. For key points, even if gold wants to go out of the downward wave, it is good for our short-term layout! In addition, today is the date when Trump takes office. The gold market will inevitably suffer from the rise of risk aversion caused by irresistible factors! That is, the market is still relatively bullish in many aspects!
The 1-hour moving average of gold has begun to turn downward, and the gold bull market has temporarily come to an end. If the moving average forms a dead cross downward, the downward space of gold will increase, and the 1-hour gold is now also suppressed by the downward trend; the downward resistance moves down to around 2708, and the Asian session rebounds around 2708 and continues to sell at highs. The rebound near 2705 can be empty first.
First support: 2681, second support: 2670, third support: 2662
First resistance: 2695, second resistance: 2708, third resistance: 2725
Operation ideas:
BUY: 2680-2683,
SELL: 2705-2708,