Gold's Reaction to Trump: Navigating the Supply Area DynamicsGold prices experienced a moderate increase on Monday, buoyed by thin liquidity in the markets as Donald Trump officially assumed office as the 47th President of the United States. The precious metal, often regarded as a safe haven, found support amidst the uncertainty surrounding the new administration's economic policies.
During Trump's inauguration speech, the U.S. dollar (Greenback) weakened, reacting negatively to his decision to set aside aggressive tariff policies that some analysts believe could otherwise lead to inflationary pressures. This shift in tone suggests a more measured approach to trade, which alleviated fears of an impending trade war—an environment generally conducive to gold's appeal. Investors began to reassess how such policy changes could impact inflation and, in turn, the Federal Reserve's monetary policy stance going forward.
As of the latest update, XAU/USD is trading at $2,708. Market sentiment indicates a potential short flash bearish impulse on the supply area. Traders are closely watching the $2,680 to $2,650 zone, anticipating a possible retest, which may provide an opportune moment for profit-taking, especially if market dynamics shift in favor of a stronger dollar.
From a technical perspective, this supply area will be critical for traders focusing on short-term moves. A rejection of prices at these levels combined with weaker fundamentals could signal a bearish trend ahead, offering potential short plays for those looking to capitalize on market fluctuations. Conversely, if gold holds above these levels and there is a sudden shift in risk sentiment or a renewed spike in inflation fears, we could see gold prices testing resistance levels above the current trading price.
In conclusion, with Trump taking office and the markets adjusting to his policies, gold is likely to remain volatile in the near term. Investors should keep a close watch on economic indicators and market sentiment, as these factors will heavily influence gold prices in the coming days. For now, navigating the recent price action within the supply area presents intriguing possibilities for both short and long positions, depending on how the market reacts to unfolding events.
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ETHUSD - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 2726.71, resumption of uptrend is expected.
We make sure when the resistance at 4100.00 breaks.
If the support at 2726.71 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend.
A trough is formed in daily chart at 2908.80 on 01/13/2025, so more gains to resistance(s) 3508.51, 3695.27 and maximum to Major Resistance (4100.00) is expected.
Take Profits:
3695.27
4100.00
4500.00
4868.00
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GBPJPY Is Bearish! Short!
Please, check our technical outlook for GBPJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 191.076.
Taking into consideration the structure & trend analysis, I believe that the market will reach 189.587 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Finding Balance: Managing GREED in TradingIs greed helping or hurting your trading? While closing trades too quickly for small profits isn't ideal, neither is holding positions too long hoping for bigger gains. Let's explore how to find the right balance between healthy ambition and destructive greed.
📍 Understanding Healthy vs. Unhealthy Greed
Some greed can be good - it drives us to achieve goals and maintain optimism. But when it becomes an obsession, problems start. Professional traders manage their emotions well, while beginners often struggle as early successes fuel excitement and a dangerous focus on profits at any cost.
📍 Warning Signs of Unhealthy Trading Behavior
When trading turns unhealthy, you might notice these patterns:
🔹 Ignoring proven rules because you trust your "gut feelings" more than sound strategy. Your confidence leads you to dismiss common sense in pursuit of profits.
🔹 Expecting every trade to be profitable . While optimism helps, believing you'll win just because you want money is dangerous thinking.
🔹 Living with constant stress. You can't step away from price charts, scrutinizing every move and experiencing emotional highs and lows with each trade.
🔹 Chasing profits while skipping analysis. You focus only on results without learning from each trade, leading to more frequent losses over time.
📍 Dangerous Trading Habits to Avoid
⚫️ Using maximum leverage, thinking bigger trades mean bigger profits. This often leads to heavy losses when markets move sharply against you.
⚫️ Moving stop-losses and take-profit levels mid-trade. Whether hoping to avoid losses or catch more gains, this usually results in worse outcomes and added stress.
⚫️ Following the Martingale strategy - doubling position sizes after losses or wins. This approach typically leads to losing your account quickly.
📍 Practical Steps to Control Greed
1. Start with real money, but small amounts. Demo accounts can create false confidence since there's no real risk.
2. Set clear, achievable goals. For day trading (H1-H4 timeframes), aim for about 20 pips per trade. Scalpers should be satisfied with just a few pips.
3. Create and follow a detailed trading plan. Example: Take half profits at your target, use trailing stops to protect remaining gains.
4. Practice smart risk management. Decide your maximum risk per trade and stick to it - don't adjust stops once set.
5. Keep learning and practicing. With better market understanding, you'll make fewer emotional decisions. A realistic monthly return might be 2% - treat anything above as a bonus.
6. Connect with other traders. Share experiences to manage stress and gain perspective on what's normal in professional trading.
7. Stay skeptical and analytical. When excitement runs high, slow down. Check multiple information sources and grow your trading size gradually while continuing to develop your skills.
📍 Conclusion
Successful trading is about steady progress, not quick riches. Growth should happen naturally alongside your developing trading skills, without sacrificing other aspects of your life.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
USD/CAD: Will the CAD Recover After Trump's Tariff Plans?A bombshell announcement from US President Donald Trump sparked chaos in the foreign exchange markets, as he hinted at imposing 25% tariffs on imports from Canada and Mexico as early as February. The news sent the Canadian Dollar plummeting to multi-year lows against its US peer, while the US Dollar staged a modest recovery from its overnight slump.
The Canadian Dollar (CAD) found itself under intense selling pressure as investors scrambled to reassess the country's economic prospects in light of Trump's protectionist policies. The currency's decline raised fresh concerns about the country's trade relationships and the potential impact on economic growth.
Meanwhile, the US Dollar (USD) rallied, shrugging off its overnight dip to a two-week low. Market analysts expect Trump's policies to fuel inflation and force the Federal Reserve (Fed) to maintain its hawkish stance, which could boost the value of the US currency.
From a technical perspective, the CAD's price chart is currently trading near a critical supply area around 1.4425. Our analysis suggests that the price has reached a turning point after rejecting the key resistance level of 1.4500. We are looking for a bearish reversal, which could set the stage for further declines in the Canadian Dollar.
The implications of Trump's tariff threat are far-reaching and have significant implications for Canada's economy. As the situation continues to unfold, investors will be watching the markets closely for any signs of a bearish reversal in the Canadian Dollar.
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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.
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WISH YOU ALL LUCK
BTC/USD Bullish Setup | Order Flow Breakout Targeting $118,000+📈 Bitcoin (BTC/USD) is showing strong bullish momentum after breaking key resistance levels. After a period of accumulation and sideways movement, BTC has shown clear signs of fresh buying pressure, supported by a clean Order Flow setup . We are targeting a move towards $118,000 as we see continuation in the current bullish trend.
Key Levels:
ATH Resistance at $109,350$ (All-Time High).
Order Flow Confirmation near $105,000 - $106,000.
Entry Zone: The green demand zones are marked as strong areas to enter long positions.
Price Target: We are aiming for a continuation towards $118,000 , which aligns with both the market structure and order flow.
🔍 Analysis:
Multiple Order Flow setups have formed around the $105,000-$106,000 region, confirming that buyers are in control.
The price is breaking above key resistance zones, and the current consolidation suggests a strong potential for price continuation.
Support Areas: The green zones on the chart represent potential areas where price could dip to before continuing upward.
Entry Strategy: Look for price action confirmation in these demand zones, with a focus on bullish candlestick formations and strong volume.
💬 Drop your thoughts and analysis in the comments below! Let's discuss where Bitcoin is headed next!
🔔 Follow for more insights on Bitcoin & Altcoin setups."
USDJPY Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for USDJPY is below:
The price is coiling around a solid key level - 155.40
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 156.74
My Stop Loss - 154.74
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
AUD/USD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
AUD/USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.616 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/USD pair.
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EURAUD Under Pressure! SELL!
My dear friends,
My technical analysis for EURAUD is below:
The market is trading on 1.6630 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.6592
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NATGAS Rising Support Ahead! Buy!
Hello,Traders!
NATGAS is trading in a
Rising opening wedge pattern
And the price will soon
Retest the rising support
Below so we are bullish
Biased and we will be
Expecting a move up
From the support line
Buy!
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TRUMPUSDT | Bearish Trend**Trump Meme Coin | Bearish Trend**
The Trump meme coin, a 72-hour-old market sensation, managed to become the third-largest meme coin by market cap, reaching $9 billion.
This token was launched following a tweet from Trump in the past 72 hours and quickly gained traction on the Solana network due to a massive buying wave. As a result, it was swiftly listed on major crypto exchanges and attracted a significant portion of the market’s liquidity.
However, after the initial 72-hour hype, the emotional buying spree has faded, and the coin is now stuck around the $40 price range. It previously faced a crucial resistance zone between $75 and $78, but every attempt to break this level was met with heavy whale sell-offs, causing the price to plummet. Now, the coin is struggling to maintain its position around $40, and if it loses the $37–$35 support level, the price could drop further to around $27.
One major reason why this type of token is unreliable is its centralized nature—80% of the total supply is controlled by a single wallet.
My analysis suggests further price decline, with little to no chance of a recovery, at least until the $33–$27 range. The overall trend remains bearish, and the coin has lost all its support levels, with the strongest support now being around $34–$35. However, it remains to be seen whether new liquidity will enter the market or if existing holders will start withdrawing their funds.
**This is purely a personal analysis and does not constitute any buy or sell signal.**
GBP/USD: Pound Sterling Bounces Back as Market Sentiment ShiftsThe Pound Sterling (GBP) is showing resilience at the start of the week, bouncing back against its major peers. This surge can be attributed to multiple factors, with a notable influence from the recent developments in the UK government bond market. As the market digests the weak UK Retail Sales data for December, there has been a notable uptick in demand for UK gilts, signaling confidence among investors despite the bleak economic indicators.
At the same time, the broader market is experiencing heightened interest in risk assets as anticipation builds around U.S. President-elect Donald Trump's upcoming inauguration. This event has been a focal point for traders, leading to a reassessment of positions across various currencies, including the GBP.
From a technical analysis perspective, the Pound appears to be finding support at a crucial demand zone, indicating a potential rebound. If this area holds, it could signal a retracement that may provide traders with an attractive opportunity to enter long positions. This should be monitored closely, as price action around this demand area can reveal market sentiment and lead to further buying pressure.
Looking ahead, the next key event to influence GBP's trajectory is the release of UK employment data for the three months ending in November, set to be published on Tuesday. Investors will be keenly analyzing this data to gauge the health of the UK labor market in the face of ongoing economic challenges. Positive results could further bolster the Pound's position, while disappointing figures may lead to a recalibration of expectations.
As traders position themselves ahead of these economic releases, we are particularly bullish on the Pound Sterling. If the UK employment figures align positively with market expectations, it could fuel further momentum, allowing the GBP to extend its gains in the upcoming sessions. For those looking to capitalize on the potential upswing, a long position in GBP seems to be a prudent strategy, as the current technical setup and changing market dynamics suggest an advantageous window for entry.
In summary, the Pound's recent bounce is a product of both technical factors and broader market sentiment. With critical economic releases on the horizon, traders should remain vigilant and prepared to respond to evolving conditions as they unfold.
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UAL United Airlines Holdings Options Ahead of EarningsIf you haven`t bought UAL before the previous earnings:
Now analyzing the options chain and the chart patterns of UAL United Airlines Holdings prior to the earnings report this week,
I would consider purchasing the 105usd strike price Puts with
an expiration date of 2025-1-24,
for a premium of approximately $4.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
3 Must-Know Chart Patterns to Spot Winning Trades!Morning Trading Family
Understanding chart patterns is super important for trading success! In this video, I’ll walk you through the top 3 patterns every trader should know: Head and Shoulders, Double Top/Bottom, and Bullish/Bearish Flags. I’ll show you how to spot them, when to jump into a trade, and how to manage your risk. Whether you’re trading stocks, forex, or crypto, these patterns can make a big difference. We’ll even look at live charts together to keep it simple. Let me know in the comments which pattern is your favorite!
Kris/Mindbloome Exchange
Trade What You See
CSX Corporation Options Ahead of EarningsIf you haven`t bought CSX before the previous rally:
Now analyzing the options chain and the chart patterns of CSX Corporation prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $1.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NAS100 Will Go Higher! Buy!
Please, check our technical outlook for NAS100.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 21,543.12.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 22,044.19 level.
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.
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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
NZD-CHF Bullish Breakout! Buy!
Hello,Traders!
NZD-CHF was trading
Beneath the falling
Resistance line but now
We are seeing a bullish
Breakout, pullback and a
Rebound so we are locally
Bullish biased now and we
Will be expecting a further
Local bullish move up
Buy!
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