Get started

Signals

Gold Hits New ATH – How Much Higher Can It Go?In yesterday's XAU/USD analysis, I mentioned that a correction could occur, potentially bringing Gold down to the 2770 zone. I even opened a trade based on this idea. However, after an initial drop to the 2810 zone, Gold reversed and surged to a new all-time high. Fortunately, I had not entered a large-volume trade, and with active management throughout the day, I kept my losses minimal. Now, the key question is: How much higher can Gold go? Looking at the chart, as I previously explained, Gold has been steadily rising within an ascending channel. Yesterday, it even broke above the channel’s resistance, and at the time of writing, it is trading at 2860. In my opinion, buying at this price carries too much risk. I prefer to wait for a blow-off top and signs of weakness before considering a sell trade. For now, I am staying out of the Gold market.
OANDA:XAUUSD
by Mihai_Iacob
GbpUsd- Strongly bullish on medium termAs you know from my previous TVC:DXY analyses, I anticipate a correction in the index, which should lead to a rise in major USD pairs. Among all the USD pairs I've recently covered, FX:GBPUSD appears to be the most bullish. Looking at the posted chart, after forming a bullish Pin Bar at its recent low in mid-January, GBP/USD began to reverse and climbed to 1.25, which was the initial target at that time. A correction followed this first leg up. What stands out in this case is the strong bullish reversal candle that formed after Monday’s Asian open gap. Not only did it fill the gap (like in EUR/USD's case), but the pair also returned to the 1.25 resistance level. This structure signals strong bullish momentum, and I expect GBP/USD to continue its ascent toward the next key resistance zone at 1.28. In conclusion, my strategy remains to buy the dips. Depending on the entry point, this setup offers a potential risk-to-reward ratio of over 1:3.
Long
by Mihai_Iacob
Hellena | EUR/USD (4H): LONG to the resistance level of 1.03609.Colleagues, the situation on the markets is quite complicated. Now we are witnessing a period of complex combined corrections and lengthening waves. But it is also possible to analyze it. At the moment I expect the big gap to close and reach the resistance level of 1.03609. We all know that gaps usually close. This will be a correction in wave “2”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
9
EUR/USD: Between Rebound Hopes and Tariff TensionsThe EUR/USD pair experienced a strong rebound on Tuesday, rising by 0.8% and breaking a six-day losing streak, although it failed to reclaim the 1.0400 threshold. Despite this recovery, bullish momentum remains fragile as the euro is heavily influenced by broader market flows and the anticipation of upcoming US Non-Farm Payroll (NFP) data. The pair found initial support at the weekly low of 1.0209 on February 3, with a potential decline towards the 2025 bottom of 1.0176 if this support fails. A break below this level could pave the way for a test of the psychological parity threshold. On the upside, resistance is identified at 1.0532, the year’s high recorded on January 27. The pair’s recovery was driven by a weakening US dollar, as the Dollar Index (DXY) fell below the 108.00 support, influenced by market reactions to President Donald Trump’s plans to delay a 25% tariff on Canadian and Mexican goods while maintaining a 10% levy on Chinese imports. Although the US dollar has weakened, the tariff issue is expected to strengthen its position in the long term, potentially supporting a bullish outlook for the currency. Central banks also play a crucial role: the Federal Reserve kept interest rates unchanged last week, signaling a cautious approach amid strong economic growth, persistent inflation, and low unemployment. Meanwhile, the European Central Bank (ECB) cut rates by 25 basis points, hinting at possible further easing while expressing optimism about controlling eurozone inflation. ECB President Christine Lagarde emphasized a data-driven approach, ruling out the possibility of aggressive rate cuts. Trade tensions, particularly those linked to US tariffs, could further complicate the euro’s outlook. Prolonged tariffs could fuel inflation in the United States, prompting the Fed to adopt a more hawkish stance, which could strengthen the dollar and put pressure on the euro, potentially pushing the EUR/USD pair toward parity. Looking ahead, the euro faces challenges from the resilience of the US dollar, divergent monetary policies between the ECB and the Fed, and structural issues within the eurozone, such as Germany’s economic slowdown. While short-term rallies are possible, the overall outlook for the euro remains uncertain, with persistent risks related to geopolitical tensions and tariff policies likely to shape the pair’s trajectory.
Short
by Forex48_TradingAcademy
1
GOLD MARKET ANALYSIS AND COMMENTARY - [Feb 03 - Feb 07]Gold prices have just completed an accumulation period and this week broke out to a record high. Specifically, gold price increased quite strongly from 2,732 USD/oz to 2,817 USD/oz, then decreased and closed the week at 2,799 USD/oz. The White House announced that from February 1, 2025, the US will impose a tax of 25% on imports from Canada and Mexico, and 10% on goods from China. This information caused global financial markets to fluctuate strongly. US stocks plunged, Treasury bond yields increased, while gold and USD became safe havens for cash flow. Gloomy US economic data and the risk of tariff escalation have pushed gold prices to a record high. After a week focusing on interest rates and inflation, the market next week will focus on the labor market with the December non-farm payrolls report. Gold traders will also monitor many other important data such as ISM manufacturing PMI, ADP employment report, and Bank of England policy decision, along with a preliminary consumer confidence index from the University of Michigan. Next week's gold price may still maintain an upward trend when supported by many factors, along with the positive views of investors who expect gold prices to reach higher levels in the near future. 📌Technically, after reaching a record price above the threshold of 2,817 USD/oz, on the weekly chart, the average price of gold has also exceeded the threshold of 2,335 USD/oz. This shows that the average price of gold is higher, creating room for further increases in gold prices. A shorter-term perspective with the H4 chart, if next week's gold price benefits from worse economic data, the price will break out of the old peak of 2817 and rise above the 2850 threshold. If the resistance level is not broken, the gold price will temporarily decrease and adjust to around the EMA89 moving average line of the H4 chart, around the 2738 mark. Notable technical levels are listed below. Support: 2,785 – 2,774 – 2,762USD Resistance: 2,802 – 2,817 – 2,824USD SELL XAUUSD PRICE 2851 - 2849⚡️ ↠↠ Stoploss 2855 BUY XAUUSD PRICE 2737 - 2739⚡️ ↠↠ Stoploss 2733
OANDA:XAUUSD
by Xayah_trading
2
BTCUSDT Price Action - Liquidity & Imbalance AnalysisPremium Zone Rejection: Price entered a marked imbalance (FVG) before rejecting lower, indicating possible distribution by smart money. Key Liquidity Zones: 96,188.39 - Potential support where price could react. Feb 03 Low (91,255.44) & Jan 13 Low (89,244.90) - Significant downside liquidity pools where price may seek orders. Next Steps: If BTC fails to reclaim the rejection area, expect a potential sweep of liquidity towards the Feb 03 low. Alternatively, a reclaim of $98,000+ could suggest bullish continuation.
by StockSurgeonX
1
GBP/AUD: The Impact of Tariffs on MarketsThe GBP/AUD exchange rate showed mixed movements from January 27 to February 4, 2025, closing at 1.99489 on February 4 with a decline of approximately 0.42% compared to the previous session. Despite a modest rally on February 3, with an increase of about 0.58%, the subsequent downturn signals prevailing bearish sentiment. This fluctuation highlights a cautious market environment influenced by several key factors. A technical report dated February 4 highlighted a symmetrical triangle pattern where, despite a bullish crossover of the 9-period moving average above the 14-period moving average, the price remains confined between a resistance level around 2.0050. This range-bound behavior reflects traders' hesitation as they await a decisive breakout to confirm the next directional trend. Additionally, geopolitical factors have significantly impacted volatility. The announcement of new U.S. tariffs by President Trump temporarily pushed GBP/AUD above 2.012. However, this rally was short-lived, with the rate retracting shortly after due to market adjustments, demonstrating the pair's sensitivity to external economic policies. Furthermore, risk-off flows have contributed to intermittent strength in GBP/AUD, but the overall sentiment remains mixed. Technical indicators and the persistent narrow trading range indicate ongoing uncertainty, applying continuous downward pressure on the pair.
Short
by Forex48_TradingAcademy
1
WHEAT at Key Resistance - Potential Sell SetupPEPPERSTONE:WHEAT is approaching a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 558.5 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
PEPPERSTONE:WHEATShort
by DanieIM
1
EURNOK: Buy Setup at Key Support ZoneOANDA:EURNOK is currently testing a significant demand zone. Previously, this area has acted as strong support, leading to bullish reactions. The recent decline into this zone suggests a potential for buyers to step in and drive prices higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a rebound. If buyers regain control, the price could move toward 11.7300 level. 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
Long
by TrendDiva
1
NVDA Update: Potential Trend ReversalFor NVDA holders; NVDA has been in a strong downtrend, forming a series of lower highs and lower lows. The price recently tested a key demand zone (114.49 - 117.07), showing signs of a possible reversal. Breaking the supply zone (120.02 - 124.79) would be a bullish confirmation. A breakout above 127.87 ( last swing High) would further confirm that the downtrend is over and a new impulsive move is beginning. The price is challenging the downtrend line at the moment, and a strong breakout could trigger a strong rally. ✅ Bullish Signs to watch: Break above 120 = Confirmation of strength Break above 124.79 = Bullish breakout Break above 127.87 = Strong confirmation for trend reversal 🚨 Bearish Signs: Rejection at 120 or 124.79 could lead to further downside. A drop below 114 would invalidate the bullish thesis. "Amateurs focus on how much money they can make. Professionals focus on how much they can lose." – Jack Schwager 🚨 Disclaimer: This is not financial advice. Always do your own research and manage risk accordingly. 🚨
NASDAQ:NVDALong
by MESHANL
1
NOKSEK at Key Demand Zone - Potential Buy Setup FOREXCOM:NOKSEK reached a significant demand zone marked by prior price reactions. This area aligns with a key support level, where buyers may step in to push prices higher. The current market structure suggests the potential for a bullish reaction. If the price action shows clear bullish confirmation, such as strong rejection candles or bullish engulfing patterns, I anticipate a move upward toward the 0.97770 level. Let me know if you agree with this analysis or have additional insights! Feel free to share your thoughts in the comments.
Long
by DanieIM
1
Gold could start a correctionYesterday, after an intraday correction during the Asian session, OANDA:XAUUSD bulls regained control and pushed the price to a new all-time high of 2830. Since the start of the year, gold has been trading within a tight ascending channel. Given that the price touched the upper boundary of this channel yesterday, a test of the lower boundary could be expected next. At the time of writing, the price is hovering around minor support, and a break below this level could expose the 2770 zone. Despite the strong uptrend, my strategy is to sell into rallies—though this approach carries significant risk. A new all-time high would invalidate this scenario.
OANDA:XAUUSDShort
by Mihai_Iacob
3
CHFJPY at Key Support Level - Bullish Correction Ahead?OANDA:CHFJPY has reached a key demand zone that has acted as a strong support level in the past. The overall context implies that buyers may take control at this level, leading to an upward move. A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would strengthen the case for a rebound. If confirmed, the market may move upward toward the 170.94 level. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
3
PALANTIR Target $110 then wait for correction.Palantir Technologies (PLTR) is repeating the January pattern that has been seen in both 2024 and 2023, which has the price rising by +72.50% for a peak. This gives us a $110 immediate Target, which should be relatively easy to achieve after such Earnings. Once the peaked on this mark, the 2024/ 2023 fractals pulled back to the 0.618 Fibonacci retracement level before turning into a long-term buy opportunity again in preparation for the next Bullish Leg. As a result, after $110 is hit, our next buy level will be near $80. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:PLTRLong
by TradingShot
1
XAUUSD GOLD Weekly Price Action Analysis.As I mentioned in my previous weekly post, the market hit an all-time high this week, testing the zone above 2800 and continuing to rise. The January candle finished significantly above the 2024 high, indicating a strong bullish trend in the market. Any retracement at this point might be a great opportunity to go long, assuming this isn't a fake breakout of last year's high. However, on the daily timescale, the appearance of a long-tailed bar indicates a likely rejection at this resistance level, implying a pullback. Furthermore, on the weekly timeframe, we can see a closure below the psychological threshold of 2800 and a weekly candle tail, indicating potential selling pressure above. Overall, I expect the market to continue its upward trend, potentially hitting the resistance zone of 2830-2850, which appears to be doable unless price action signals otherwise. The price completely matched my final idea. It reached the target level. The market has rallied beautifully off the support level you mentioned yesterday. It is critical to properly monitor the key level at 2800. If the market is able to close above this level, it may open the door to the resistance zone between 2830 and 2850. If the price bounces back down from this level, it may drop to the 2760 support zone. Given that the price has fallen below the previous low, there may be some upward action, which might lead to ATH or a difficult pullback. Overall, I believe the price will continue to rise, potentially testing the area above the previous month's high. My objective is resistance at around 2825. By Nexua]s Trades Zone
OANDA:XAUUSDLong
by NexusTradesZone
XAU/USD : First LONG,then SHORT! (READ THE CAPTION)By analyzing the 1-hour gold chart, we can see that gold has now reached the $2808 - $2818 supply zone and is currently trading around $2810. Given the liquidity gap created by the price surge from $2772 to $2811, I expect a price correction soon, but likely after one more bullish wave. If gold stabilizes above $2808, it could push higher towards the next targets at $2812, $2817.2, and $2820. This analysis will be updated soon!
FX_IDC:XAUUSD
by ArmanShabanTrading
60