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XAUUSD Bullish break-out targeting $3000 about to happenGold (XAUUSD) has been trading within a 15-month Channel Up (since the October 06 2023 Low) and it's been under bearish pressure since the most recent October 30 2024 Higher High of the pattern. The consolidation around the 1D MA50 (blue trend-line) since the November 14 2024 Low formed a Triangle pattern that is consistent with the previous two bottom formations (Higher Lows) of the Channel Up. More specifically, last Friday's rejection on the 1D MA50 is technically the 3rd since the November 14 2024 Low. In the previous two bottom formations, Gold never had a 4th rejection, on the contrary when it broke above the 1D MA50 after the 3rd, it also broke above the Triangle patterns, and technically initiated the new Bullish Leg of the pattern. The 1D MACD sequences are also similar among those fractals, in fact we just completed the 2nd Bullish Cross below the 0.000 level, which was the Buy Signal before the 1D MA50/ Triangle top bullish break-out. As a result, we expect the new Bullish Leg to start soon and since both previous rallies have been at least +21.85%, our Target now is even below that estimate at $3000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
Gold is Ready for Bullish move once againHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BLACKBULL:XAUUSDLong
by ForexMasters2000
Will gold fluctuate significantly today? In the early Asian session on Wednesday (January 15), spot gold fluctuated slightly and is currently trading at $2,683 per ounce. Gold prices rebounded slightly on Tuesday, closing at $2,677.22 per ounce, after U.S. inflation data was slightly lower than expected, giving investors a faint hope that the Federal Reserve will continue to lower interest rates in 2025, and the U.S. dollar fell in response. The strengthening of the U.S. dollar and rising U.S. Treasury yields may still be unfavorable factors for gold in the first half of this year, but the demand for gold as a diversified investment tool will be enough to outweigh these unfavorable factors. On Tuesday, the U.S. 10-year Treasury yield continued to rise, once refreshing a more than 14-month high of 4.820%. This yield is regarded as a risk-free yield, the opportunity cost of holding gold in the market, and the rise in this yield will reduce the attractiveness of gold. In addition, concerns about Trump's policy uncertainty also provide support for gold prices, but U.S. Treasury yields continue to climb, which makes gold bulls cautious. Investors are currently waiting for the Consumer Price Index (CPI) on Wednesday to analyze the Fed's policy path. ​ U.S. President-elect Trump will return to the White House on January 20. He has previously vowed to impose additional trade tariffs. Analysts expect this will trigger a trade war and reignite inflation. President-elect Trump said on Tuesday that he would set up a new department called the External Revenue Service, "to collect tariffs, import duties and all taxes from foreign countries." Trump is preparing to impose new import tariffs before taking office next week. In terms of geopolitical situation, negotiators are trying to agree on the final details of the Gaza ceasefire after marathon talks in Qatar, with mediators and both warring parties saying they are closer than ever to reaching an agreement. However, after more than eight hours of talks, a senior Hamas official told Reuters reporters late on Tuesday that the group is still waiting for Israel to submit a map for its withdrawal from Gaza. U.S. President Biden attended the talks together with envoys of President-elect Trump. Investors need to pay attention to relevant news. In addition, New York Fed President Williams and Chicago Fed President Goolsburn will deliver speeches on the trading day, which investors need to pay close attention to. In addition, pay attention to the release of the Beige Book of Economic Conditions by the Federal Reserve. ​ Gold market trend analysis: Gold technical analysis: The gold range has contracted and fluctuated, the daily physical K-line is small, and the short-term space has become passivated. If the space cannot be walked out, it will fall into a narrow range of contraction and saw-saw oscillation, and it is not strong or weak. The daily structure enters the triangle range. Although the low point is upward, forming a small step upward, the resistance at the upper track has not been effectively broken through, and there is no upward space for the time being. In the short term, it will continue to fluctuate back and forth within the range. If the gold rebound and rise is not sustained, then gold will continue to be a volatile market. Gold has poor sustainability recently. Don't chase the rise easily. Continue to short gold at a rebound high. ​The gold 1-hour moving average is about to enter a dead cross downward. If the gold 1-hour moving average forms a dead cross downward, then the gold downside space will be further opened. The market is changing rapidly. Gold is now a volatile market. Gold rebounds high and continues to short. On the whole, the professional and experienced gold analyst team recommends shorting on rebounds as the main strategy for short-term gold operations today, and long on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 2676-2680 resistance line, and the short-term focus on the lower side is the 2645-2650 support line. Gold operation strategy: 1. Go long on gold when it falls back to the 2660-65 line, stop loss at 2655, target at 2675-80 line, and look at 2690 line if it breaks; 2. Go short on the 2690 line when gold rebounds for the first time, and cover short on the 2704 line when it rebounds, stop loss at 2711, and target at 2665-70 line;
FOREXCOM:XAUUSD
by Caesar_Gorman01
Rising wedge or ready for fall down? Hey traders community 🙌 This is what we are observing in h4 Timeframe ❗️ Point 2705 - 2703.00 is observing point the red region although all In our rising channel we are demanding to be fall a massive move it will depend how market will treat ● Bullish Scenario : if candlesticks close above that region which were given in charts we are expecting next target 2720 - 2722.00 ● Bearish Scenario : if market not able to break our observation point we are expecting a massive fall down 2776.00 point after that we will take a decision more downward targets 🙌 #XAUUSD
OANDA:XAUUSDShort
by professionaltradersfx
GOLD can jump down more .. Gold is showing signs of potential downside movement, suggesting that bearish pressure could dominate in the near term. Traders should remain vigilant and closely monitor key support levels to confirm the next direction. While the current trend hints at a possible drop, unexpected volatility could still influence the market, making it essential to adopt a cautious approach. Proper risk management and careful analysis are crucial to navigating this environment effectively.
OANDA:XAUUSDShort
by SadarExplore
XAUUSD - The CPI index will determine the gold path!Gold is located in a 4 -hour timeframe above EMA200 and EMA50 and is on its uptrend channel. If weaken in CPI data and market concerns about inflation, gold buying opportunities. The release of the headline stronger than the expectation of the CPI will result in the uptrend and decrease in gold. But in the secondary wave it will result in gold climbing. Gold prices have reached their highest levels in approximately four weeks, nearing the $2,700 range. Recent changes in stock markets and concerns over U.S. economic policies have driven increased demand for gold. Several key factors have contributed to the recent price surges. First, rising global tensions, particularly involving major powers such as the U.S., Russia, and China, have destabilized financial markets, prompting investors to turn to gold as a safe-haven asset to shield against potential crises. Second, persistent concerns about inflation in major economies have made gold an attractive option for preserving purchasing power. Additionally, central banks have significantly increased their gold reserves, boosting demand. Finally, expectations of interest rate cuts or potential easing by central banks, including the Federal Reserve, have further enhanced gold’s appeal. Gold prices have previously experienced sharp declines. Between 2011 and 2015, gold lost nearly 45% of its value, falling from its peak of $1,920 per ounce to $1,050 per ounce, driven by a strong dollar, rising interest rates, and an improving economy. Beyond this historical context, other scenarios could also lead to a 30% decline in gold prices. For instance, if the Federal Reserve adopts unexpectedly aggressive monetary policies and raises interest rates faster than anticipated, the strengthening dollar would exert downward pressure on gold prices. A sudden increase in gold supply could also push prices lower, whether due to the discovery of new reserves or the sale of gold holdings by central banks or large institutions. Moreover, robust improvements in global economies alongside geopolitical stability could dampen demand for gold. Finally, growing investor interest in alternative assets, such as cryptocurrencies or other commodities, could diminish gold’s perceived value. Paul Williams, CEO of Solomon Global, has forecasted that the factors driving 39 record-breaking gold price highs last year remain intact and could support further price growth in 2025. In his report, Williams stated: “The year 2024 reinforced gold’s role as a timeless and safe asset. In a world filled with geopolitical conflicts and economic uncertainties, gold has provided stability and security for investors. The record highs achieved in 2024 reflect not only market conditions but also a broader sense of caution and risk mitigation among investors. This trend appears poised to continue into 2025.” Meanwhile, The Wall Street Journal has released predictions from 17 economists on U.S. inflation data set to be announced on Wednesday, January 15, 2025. In 2024, the Federal Reserve made limited progress in curbing inflation, with most inflation indicators only slightly declining from the start of the year. Although policymakers had hoped inflation would approach the 2% target, persistent inflationary pressures have kept it near 3%. However, November’s Consumer Price Index (CPI) report offered a glimmer of hope. Prices in sectors such as housing and services, which have been major drivers of persistent inflation, have begun to ease. This may lead to an unexpected decline in Wednesday’s CPI data, although more significant decreases are likely in early 2025. Analysts predict a monthly CPI increase of 0.3%, which is lower than the 0.4% forecast from the Federal Reserve Cleveland’s Inflation Nowcast model. According to these projections, annual CPI is expected to rise from 2.7% to 2.9% in November. Given that markets currently price in only two 25-basis-point rate cuts for all of 2025, a strong CPI report may not elicit a major market reaction. However, if CPI data comes in weaker than expected, the U.S. dollar could face selling pressure.
FOREXCOM:XAUUSDShort
by Ali_PSND
GOLD Is Going Up! Long! Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2,621.75. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,686.96 level. 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. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:GOLDLong
by SignalProvider
5
Market Recap: Tokyo Session & Early London Session (Cairo time) Tokyo Session (2:00 AM – 9:00 AM Cairo Time): 1. Price Action Overview: • The session was relatively subdued, with the price consolidating within a narrow range of $2,660–$2,670, creating liquidity above and below these levels. • Support Zone: Price tested $2,660 multiple times but held steady, signaling demand in this area. • Resistance Zone: $2,670 acted as a ceiling, rejecting any attempts to break higher during the session. 2. Institutional Behavior: • Institutions seemed to focus on building liquidity by trapping early retail buyers at the upper end ($2,670) while protecting the $2,660 zone. • No significant volume spikes were observed, indicating the Tokyo session remained in accumulation mode. 3. Indicators Analysis: • RSI Divergence: Slight bearish divergence on lower timeframes indicated exhaustion near $2,670. • VWAP: Price stayed around the VWAP mean, signaling equilibrium in the market. 4. Outcome: • The session ended with price near $2,665, positioning it between support ($2,660) and resistance ($2,670). Early London Session (9:00 AM – 12:00 PM Cairo Time): 1. Price Action Overview: • Increased volatility began as London traders stepped in. • Breakout Attempt: Price spiked towards $2,675 but failed to hold, trapping early buyers. • Breakdown Test: The price then dipped sharply towards $2,656, forming a temporary bottom, before rebounding back to $2,665. 2. Institutional Behavior: • Trap Setup: Institutions cleared liquidity above $2,670, then swept stops below $2,660 before rebounding. • The behavior suggests they were gathering liquidity from both sides to prepare for a bigger move in the NYC session. 3. Indicators Analysis: • Volume: High volume appeared near $2,660–$2,656 during the breakdown, indicating institutional activity. • RSI: RSI bounced from oversold levels on the 30-minute chart, signaling the potential for a reversal. 4. Outcome: • Price returned to $2,665, positioning itself for the next move ahead of the NYC session. What to Expect Pre-NYC & NYC Sessions (4:00 PM – 11:00 PM Cairo Time): Economic News Impact: 1. Upcoming Economic Data: • US Retail Sales (4:30 PM): Expected to show a slight decline. • If weaker than expected: Gold likely to spike higher as USD weakens. • If stronger than expected: Gold may drop as USD strengthens. • US Empire State Manufacturing Index (5:15 PM): Another high-impact report to watch. Key Levels to Watch: 1. Support Levels: • Primary Zone: $2,650–$2,656 (major institutional support). • Secondary Zone: $2,640 (critical psychological level). 2. Resistance Levels: • Primary Zone: $2,675–$2,680 (major institutional resistance). • Secondary Zone: $2,690 (key breakout level). Possible Scenarios: Scenario 1: Breakout Above $2,675 (Bullish Continuation) • Setup: If price breaks above $2,675 with volume after the news. • Entry: Buy near $2,675 after retest as support. • SL: $2,670. • TP1: $2,685 (VWAP Upper Band). • TP2: $2,690. • TP3: $2,700. Scenario 2: Liquidity Trap Above $2,675 (Bearish Reversal) • Setup: If price spikes above $2,675 briefly but fails to hold. • Entry: Sell near $2,675 after bearish confirmation (15M close). • SL: $2,680. • TP1: $2,665. • TP2: $2,660. Scenario 3: Breakdown Below $2,656 (Bearish Continuation) • Setup: If price breaks below $2,656 with increasing volume. • Entry: Sell near $2,656 after retest as resistance. • SL: $2,660. • TP1: $2,650. • TP2: $2,640. Scenario 4: Bounce from $2,650 (Bullish Reversal) • Setup: If price dips to $2,650 and finds strong buying interest. • Entry: Buy near $2,650 after bullish confirmation. • SL: $2,645. • TP1: $2,660. • TP2: $2,670. Breakdown of Approximate Timings: 1. Pre-NYC (3:30 PM – 4:30 PM): Expect positioning around key levels ($2,656–$2,675) ahead of Retail Sales data. 2. NYC Open (4:30 PM – 5:30 PM): High volatility expected as the market reacts to economic reports. 3. Mid-NYC (6:00 PM – 8:00 PM): Institutions may establish the trend for the rest of the day. 4. NYC Close (8:00 PM – 11:00 PM): Potential reversals or trend continuations into the session close. Final Notes: 1. Watch Volume: Confirm breakouts or breakdowns with volume spikes. 2. Use VWAP: Key VWAP levels to monitor: $2,665 (current mean), $2,675 (upper band), and $2,656 (lower band). 3. Stay Adaptive: Be ready to flip positions if institutions fake a move. This plan positions you to react to every major development in the NYC session.
FX:XAUUSDLong
by ICHIMOKUontheNILE
Closing my Selling order / #112 Profits rowAs discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order on #2,680.80 / optimal Target remains #2,662.80 Support in extension. If #2,676.80 gets invalidated, development alone will add credence to Sellers." I have closed my re-Sell order (#2,680.80 - #2,657.80) on a fine #23-point run extending my results range to #112 Profits and #22 Stop-loss hits regarding December #2023 - January #2025 fractal. Technical analysis: Gold is constantly under heavy Buying pressure (Buying every dip) as the Fundamental side is preserved and is Buying every dip and rejecting every downside attempt even though DX is Trading above #52-week High's. Now this is largely Volatile territory on the Hourly 4 chart. Typically the Ascending Channel is a pattern of trend continuation, marking a Bottom and turning Bullish on Short-term even though that Daily chart's #2,682.80 first Resistance got invalidated. However the larger time-frame of Weekly chart (#1W) remains Bearish, so again I need to pay attention of potential reversal points and Selling the Top as High (and safely) as I can. Gold remains Technically Bearish however Fundamental side prevails and the result is those Bull reversal candles which are visible on the charts. Strong Resistance zone is seen Trading at #2,678.80 - #2,682.80 while first Support zone is priced at #2,657.80 - #2,662.80, which means as long as Support is intact, there are more probabilities for the uptrend. It is important to note that below #2,657.80, there is only #2,652.80 benchmark to hold Gold from testing #2,642.80 but again I need to keep in mind that on these Fundamentally driven sessions, Gold can go as far as pressure pushes it so I will not try to Sell aggressively current Buying bias, only if strong Support gets invalidated and with tight Stop's. My position: Since I am Highly satisfied with NFP and yesterday's session Profits, I will Trade the break-out and remain on sidelines monitoring the Price-action.
TVC:GOLDShort
by goldenBear88
WILL GOLD'S H4 WEAKNESS LEAD TO MORE PRICE DECLINE?Gold is showing weakness on the H4 timeframe with a heavy price fall below a swing low in yesterday's trading. The metal's price is now rising toward a previously created resistance level. Will there be a price rejection at the resistance level, or will the price zoom past it to create another swing high? N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusd
OANDA:XAUUSDShort
by BullBearMkt