Metals
GOLD FURTHER SELL OFF?! (UPDATE)Friday's huge pump, followed by a bigger Monday dump! Gold went very close to its ATH, but has now started declining, staying below the major Wave 5 high, keeping our sell analysis valid so far.
I will be wary of Gold until we see a melt back below $2,690, as we can still possibly see it create a new high in the SHORT TERM. But overall, our sell bias is still holding valid🦾
Gold XAUUSD | SELL After Elliot's 5-WaveWave Analysis:
Wave 1 (Initial Upswing):
Price moved from 2661 to 2723, marking the start of the bullish trend.
This wave is typically smaller as the market begins to establish direction.
Wave 2 (Correction):
A corrective pullback, retracing part of Wave 1.
Price moved down but respected the Fibonacci retracement zone (likely between 50% and 61.8%).
Wave 3 (Strong Upswing):
The strongest and most extended wave, moving from 2695 to 2759.
This wave aligns with higher momentum, reflecting a surge in bullish sentiment.
Wave 4 (Consolidation):
A sideways or shallow pullback, correcting Wave 3.
This wave is less aggressive than Wave 2, often reflecting profit-taking and market indecision.
Wave 5 (Final Push):
The last leg of the upward impulse, with prices rising from 2743 to 2786.
Momentum begins to weaken, and divergences on indicators like RSI or MACD might appear, suggesting exhaustion of the trend.
Current Market Outlook:
Trend Exhaustion:
The completion of Wave 5 at 2786 suggests that the bullish trend is nearing its end. The possibility of a trend reversal or a corrective move downward is high.
Potential Correction:
After the completion of the impulsive wave, an A-B-C corrective structure is likely to unfold.
Wave A could lead to an initial sell-off.
Wave B might be a temporary rebound or retracement.
Wave C would finalize the correction, potentially testing the 2661 level (Wave 1 origin).
Key Support Levels:
2743 (Wave 5 origin): The first major support.
2695 (Wave 3 origin): The second support level to watch for.
2661: A full retracement target if the correction deepens.
Resistance:
2786 (Wave 5 high) remains the key resistance level. A break above this might indicate an extension of the bullish trend.
Trading Signal:
Sell Entry: Upon confirmation of a break below 2743.
Targets:
First Target: 2710 (Wave 4 area).
Second Target: 2695 (Wave 3 origin).
Third Target: 2661 (Wave 1 origin).
Stop-Loss: Above 2786 to avoid risk from a potential upward extension.
Alternate Scenario:
If prices break and sustain above 2786, it could indicate the continuation of the bullish trend. Look for further upside toward 2800–2820.
Conclusion:
Gold appears to have completed its five-wave impulsive structure. The next likely scenario is a corrective A-B-C wave formation or a trend reversal. Monitor key levels and confirmation signals before executing trades.
XAUUSD ( GOLD ) | 1 DAY | SWING TRADING | ICT STRATEGY Hey there, friends! 👋
I’ve prepared a gold analysis for you using the swing trading style. 📊 Currently, the daily analysis aligns with the ICT market maker sell model.
However, for these models to work, we need to see some sort of reaction in the market. Patience is key, so hang tight and wait for my analysis to be updated. ⏳
Once I spot a reaction, I'll share a golden target with you! 🎯
Don’t forget to hit the like button to stay tuned for updates! 🚀
GOLD On The Rise! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2755.2
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2766.6
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
SPY/QQQ Plan Your Trade For 1-27 : Consolidation PatternToday is an incredible day in my world.
I have been warning of a major peak/top near Jan 20-23 for more than 45+ days. I have continued to warn traders of a major top/peak near the Inauguration and how I believe the markets would suddenly shift downward - targeting the Feb 9-11 Deep-V bottom.
All of my predictive analysis is based on Gann, Tesla (Energy frequency, amplitude, vibration) and Fibonacci research.
The reason I state this is because I want you to start thinking of price action in terms of energy expulsion and consolidation.
Price is the ultimate indicator. My research proves we can attempt to predict future price moves (tops, bottoms, strength, weakness, and others) with a moderate degree of accuracy.
As I continue to expand my research, tools, and resources, I will continue to improve my analysis/predictive capabilities.
To me, this is very exciting.
Today, I would expect the markets to consolidate in a fairly wide/volatile range.
Gold and Silver will likely continue to try to recover/rally out of these flagging/pennant formations. Silver is set in more of a range-bound price channel, whereas Gold is clearly moving into a Pennant/Flag setup.
BTCUSD appears to have broken the EPP Flag channel and should attempt to move down to GETTEX:92K over the next 5+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
HelenP. I Gold will drop to trend line, breaking support levelHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price rebounded from the trend line and started to grow and soon reached support 2, which coincided with the support zone. Then it broke this level, made a small movement up, and dropped to the trend line, which broke soon and fell below. But Gold continued to move up below the trend line and soon it broke this line with support 2 one more time, after which made a retest and continued to grow next. Later Gold rose to 2723 points, after which dropped to the trend line and then at once rebounded and rose to support 1, which coincided with one more support zone. Then the price broke this level too and some time traded in the support zone, after which turned around and made a correction movement. After this, XAU turned around and made impulse up, breaking support 1 again. Now, in my mind, XAU will fall to the support area and then break the support level. Then it correct move up and then continues to move down to the trend line. So, that's why I set my goal at 2730 points, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️
Gold Outlook: Bullish Above 2759, Bearish Below
Gold Technical Analysis
Gold now will drop to touch 2759 and then should stabilize above 2759 to be bullish toward 2788, and If a 1-hour or 4-hour candle closes above 2788, it could further drive the price upward toward 2805 and 2810.
On the other hand, if gold stabilizes below 2759 and 2752, it is likely to decline further, targeting 2739.
Key Levels
Pivot Point: 2772
Resistance Levels: 2787, 2804, 2813
Support Levels: 2759, 2739, 2722
Trend outlook:
Bearish: If the price breaks below 2759
Bullish: While trading above 2759
Bullish Confirmation: A break above 2788
XAUUSD - Gold Enters the Last Week of January!On the 4-hour timeframe, gold is above the EMA200 and EMA50 and is in its ascending channel. If gold rises to the previous ATH, we can look for selling positions at the ceiling indicated by the target of the midline of the ascending channel. A correction of gold towards the demand zone will provide us with its next buying position.
Last week, the gold market showcased one of its most stable and impressive performances in recent months, seemingly adapting to the shocks and uncertainties introduced by the newly established U.S. administration.
Darin Newsom, Senior Market Analyst at Barchart.com, highlighted that given global markets’ reaction to the unpredictability of the new U.S. president, there appear to be few barriers to new record highs for gold. He stated, “At this point, we can set aside technical and fundamental analysis. Gold is acting as a safe haven against the chaos stemming from the new U.S. government. No one knows what the next statement or action will be.”
According to the latest U.S. Purchasing Managers’ Index (PMI) report released by S&P Global, the services sector index dropped to 52.8, marking its lowest level since April of last year and falling below market expectations of 56.5. Meanwhile, the manufacturing PMI rose to 50.1, exceeding the forecasted 49.7. The composite PMI also decreased to 52.4.
Although confidence in the services sector has declined from its 18-month peak in December, it remains the second-highest level recorded in the past year.Additionally, the services sector experienced the fastest rate of job creation in 30 months. Input costs and selling prices across sectors also rose at the fastest pace in four months.
Chris Williamson, Chief Economist at S&P Global, commented on the data, stating that U.S. businesses began 2025 with optimism about the new administration’s policies. In particular, growth expectations in the manufacturing sector have increased due to anticipated government support. He also noted that while GDP growth slowed slightly in January, sustained business confidence suggests this slowdown may be temporary. The rise in hiring rates, driven by improved business outlooks, is another encouraging sign.
However, Williamson warned about increasing inflationary pressures. Companies reported that rising supplier costs and higher wages, driven by labor shortages, have led to price increases. If this trend continues, concerns about inflation could intensify, prompting the Federal Reserve to adopt more hawkish policies.
Rich Checkan, President and COO of Asset Strategies International, predicted that gold might experience a price correction in the short term. He explained, “While the long-term trend for gold remains bullish, thanks to the mismanagement of fiat currencies, I anticipate a price correction this week. Gold has approached historical highs today, but uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting could prompt investors to take profits, leading to a temporary price pullback.”
This week, officials from major central banks worldwide will convene to make critical decisions. These meetings come as discussions about President Trump’s tariff threats resurface. The Federal Reserve, the European Central Bank (ECB), and the Bank of Canada (BoC) are all scheduled to hold their monetary policy meetings this week.
XAUUSD Major short-term Buy Signal just flashed!Gold (XAUUSD) has been trading within a Channel Up pattern since exactly the start of the year. This structure has held clear the 1H MA200 (orange trend-line) since January 06 and the most optimal buy entry of the last 3 times has been issued on the 1H MA100 (green trend-line).
This is the level that the metal touched today and is already rebounding past the 1H MA50 (blue trend-line). Along with the 1H RSI reaching its most efficient Support level (oversold barrier of 30.00) and rebounding, this is the strongest short-term buy signal.
Each such signal reached at least the 1.618 Fibonacci extension from the previous High. As a result, our short-term Target is 2810.
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GOLD Will Go Higher From Support! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2,768.46.
Considering the today's price action, probabilities will be high to see a movement to 2,790.08.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
How to Enter a BUY In GOLD This Week! Step By Step!This is how I do it every trading day, and I want to share it with my viewers!
Make sure your time frame alignment is one of the following:
Weekly - 4H - 15m - 1m
Daily - 1H - 5m - 1m
Then make sure your bias is aligned on each one of those TFs.
Then enter your trade on the 15m or 5 minute.
You're all set!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOLD Is Bearish! Short!
Please, check our technical outlook for GOLD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2,770.874.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,759.181 level soon.
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.
Like and subscribe and comment my ideas if you enjoy them!
GOLD → A correction before the final spurt to ATH - 2790 ?FX:XAUUSD has been shaking against the support at 2762 since the opening of the session. Most likely, the chances of ATH retest are still high. Dollar in correction gives chances to yellow metal lovers
Traders faced profit taking as they await Fed statements and the Trump administration's actions on trade tariffs. U.S. tariff plans and PMI data continue to influence sentiment, the dollar and gold. Economically, the week ahead will be quite important with Fed rate, US GDP and PCE decisions.
Technically, gold tested a key support zone, but the price did not reach the risk zone where we could expect a trend reversal. We can assume that the extra passengers were dropped off the train, taking their money ;)
Resistance levels: 2762, 2790
Support levels: 2751, 2747
The focus at this point is on the 2762 level. If the gold can consolidate above this support, then we should wait for 2790. Still, this is an important zone that cannot leave speculators alone. We are waiting for ATH retest and false breakout.
Regards R. Linda!
XAGUSD - Silver on the verge of a big week?!Silver is trading in its ascending channel on the 4-hour timeframe, between the EMA200 and EMA50. If the correction continues, we could see a break of the channel bottom. A consolidation above $30.8 would provide a path for silver to rise to the supply zone, where we can sell at a risk-reward ratio.
According to the annual report by StoneX Financial, silver has been highlighted as one of the top-performing metals among both precious and industrial metals in 2025.Benefiting from its dual nature as a monetary and industrial asset, silver is set to gain from rising gold prices and strong industrial demand. In the report, Rhona O’Connell, Head of Market Analysis at StoneX, and Natalie Scott-Gray, Senior Base Metals Analyst, forecasted that silver, alongside copper and tin, will outperform other metals in 2025.
Despite strong performance in 2024, with a 22% growth, silver is expected to continue its upward trajectory in 2025 as the top-performing metal. This projection is based on robust market fundamentals and promising future prospects that have attracted the attention of investors. Part of this growth stems from the long-term outlook for the solar industry, although new U.S. government policies might slow this trend.
Investment in silver is expected to remain strong, potentially even outpacing gold. While gold is predicted to peak this year, silver is anticipated to keep growing, with a price target of $33 by the end of 2025.
Copper and tin have also garnered attention due to their critical roles in the transition to green energy and digitalization. On the other hand, aluminum has been identified as a metal requiring cautious investment.
The report notes that silver has historically been recognized as a precious metal due to its history as a form of currency and its use in jewelry. According to the authors, “Silver’s relationship with gold has always played a key role in its price behavior, but in reality, this relationship is more complex.” They added, “Throughout much of last year, silver behaved like a precious metal during bullish trends and like a base metal during bearish ones. Statistical analysis confirms this. During U.S. economic recessions, silver’s price performance and correlation with gold and copper show that, more often than not, silver traded more in line with copper than gold. In inflationary periods, the opposite was true.”
StoneX attributes this to two primary reasons. They explained, “Firstly, the nature of silver’s supply, which is predominantly derived as a byproduct of base metals or from industrial scrap, prevents it from having a clearly defined equilibrium price in the market. Secondly, a small group of investors sees silver as an accessible way to capitalize on gold’s price volatility.”
They highlighted that “President-elect Trump’s suggestion that Mexico and Canada could face tariffs was enough to unsettle the market, even if these were likely negotiating stances rather than definitive decisions. Mexico accounts for approximately 25% of U.S. silver imports, and Canada accounts for 10%. Just the idea of such tariffs was enough to drive silver prices higher. However, as is often the case with silver, this movement was short-lived. This metal remains one of the most vulnerable to rapid and reactive price swings and should always be approached with caution.”
They concluded, “Silver will continue to respond to any significant activity in the gold market and will also see further transitions this year due to the ongoing fundamental investment deficit growth. While it may face headwinds from European recession and potential oversupply of solar cells, its long-term outlook remains bright, likely continuing to attract investors and speculative funds.”
Meanwhile, Lee Hardman, an analyst at MUFG Bank, noted that the depreciation of the dollar, following Trump’s statement that he would “prefer” not to impose new tariffs on China, might be limited. He argued that Trump is still likely to implement higher tariffs.
Trump has called for lower interest rates and a weaker dollar to support the U.S. economy. However, his policies of higher tariffs, stricter immigration controls, and tax cuts, if enacted, “are likely to bolster U.S. yields and the dollar for a longer period.” In an interview with Fox News, Trump stated that he “prefers” not to impose new tariffs on China, suggesting the possibility of a trade deal.
Gold follows the trend and is bearish. The target below is 2725Gold technical analysis
Daily resistance 2800, support below 2700
Four-hour resistance 2790, support below 2750-25
Gold operation suggestions: Last Friday, gold continued to be extremely strong and unilateral in the technical aspect. The Asian and European sessions opened high and broke through and stood above the 2770 mark, continuing the strong rise. The US session accelerated to break through the 2785 mark and was blocked and fell back to consolidate. The daily chart strongly fluctuated to a new high. The overall gold price relied on the 5-day moving average to form a strong unilateral upward pattern of bulls.
From the analysis of the 4-hour market, gold opened and stepped back and currently fluctuated at the 2750 line. Pay attention to the short-term suppression of the 2770 line above. We pay attention to the support near 2725 below, and focus on the 2700 integer mark. The daily level stabilizes above this position and continues to maintain the rhythm of buying at a low price. Any step back is a main opportunity to trade with the trend.
SELL:2760near
BUY:2725near
BUY:2700near
Technical analysis only provides trading direction!
GOLD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Bullish trend on GOLD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2,784.077.
✅LIKE AND COMMENT MY IDEAS✅
XAUUSD , GOLD**Trading Priority:**
Enter a buy position between 2753-2755 with confirmation of a positive crossover in MACD on lower timeframes (M30, H1).
**Risk Management:**
Maintain a risk-to-reward ratio of at least 1:2.
**Targets:**
- **Target 1:** 2765 (50% of the position volume).
- **Target 2:** 2770 (remaining 50% of the position).
**Full Exit:**
Close the position completely if the price breaks below 2745.
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 30.468 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Gold Breaks Uptrend Line! Is a Reversal or New ATH Coming?The mixed PMI data(Flash Manufacturing and Flash Services) from the U.S. reflects contradictory signals, likely leading to short-term Gold price volatility without significantly affecting its main trend . What is your idea!?
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Gold ( OANDA:XAUUSD ) is moving in the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ ) and managed to break the Uptrend line .
According to the theory of Elliott waves , it seems that 5 impulsive waves have ended, and we have to wait for corrective waves .
Another sign of Gold correction can be the formation of a Shooting Star Candlestick Pattern ( with high volume ) and, next to it, a confirmation candle in the 1-hour time frame .
Educational Tip: The larger the volume of the candle, the more valid the candle and the pattern it forms.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Classical Technical Analysis , we can expect the formation of a Head and Shoulders Pattern . ( It is better to wait for the formation of the right shoulder ).
I expect Gold to attack the Support zone($2,764-$2,757) and Uptrend lines soon , and if they break, we can expect Gold to fall to the Support lines .
Can Gold make a new All-Time High(ATH)!? Please share your ideas in the comments.
Note: We can expect more pumps if Gold goes over $2,794.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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XAGUSD POSSIBLE TRADE SETUPPotential Trade Setup on XAGUSD
The price just got rebounded from a very strong resistance, just to go back and retest the range bottom (support) zone, although the Trend remains bearish and the set Trendline keeps the price on the lower part of the market.
The price is developing, and I am waiting for a retest of the previously broken support and used as resistance before I look for a SHORT trade.
A BUY opportunity is at the top above the weekly Low at $30.953.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Could the Gold drop from here?The Gold (XAU/USD) has reacted off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 2,778.01
1st Support: 2,718.90
1st Resistance: 2,815.38
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