FOREXRSMV

FOREXRSMV

XAUUSD Ideas: Short-term Bearish Bias: Expect potential dip to $3,344. Reaction at $3,344.97: If bullish reversal patterns appear (like bullish engulfing or double bottom), this may signal a buy opportunity. Break Above $3,411: Indicates bullish continuation toward $3,450.. Risk Event Caution: Since this is around FOMC, fundamental news can override all technical....

FOREXRSMV

Gold (XAU/USD) is currently trending toward a key support level and a liquidity zone. The market opened significantly above this area, and now appears to be gravitating toward the 3275 zone, which we’ve identified as a critical target area.

FOREXRSMV Updated 

Locally, on the hourly XAUUSD timeframe, we can clearly see how the price is breaking out of the uptrend, thereby triggering a downward impulse. Resistance levels: 3325, 3343 Support levels: 3303, 3275 The liquidity level of 3300 could act as a magnet for the price, from which a correction to the resistance of the range of 3325 could form (liquidity hunt), but...

FOREXRSMV

Technically, the price is in consolidation 3085 - 3067. Friday's session closing is promising enough, as the session closes almost at the peak (ath). Thus, we can assume that there may be an attempt to break the resistance in Asian/European session and if the bulls keep the price above 3084, gold may continue to rise to 3094 - 3105.

FOREXRSMV

👀▶️ There is a possibility for a decline, for example, to retest the support 2905 - 2888 before further growth. Or growth and breakdown of resistance. If the bulls can enter the 2921-2929 zone and keep the defense above this zone, the metal may return to growth📌

FOREXRSMV

Resistance levels: 2870, 2882 Support levels: 2858.17, 2846.38 Technically, the focus is on the 2870 resistance. If the price can break this resistance and consolidate above, this maneuver will open the way to further upside. I do not rule out a retest of the channel boundary or 2858 before further

FOREXRSMV

XAUUSD updates all time high to $2800, amid a weaker US dollar and the threat of high tariffs from Trump, who again warned of possible 100% duties against BRICS countries, as well as a 25% tax on imports from Canada and Mexico, which boosted demand for protective assets. Investors are waiting for the US PCE Core Price Index data to gauge the Fed's next...

FOREXRSMV

Bank of Japan Governor Kazuo Ueda hinted at a possible rate hike during the Jan. 23-24 meeting, which boosted the yen. Although a 25 basis points rate hike to 0.50% is expected, the BOJ's cautious history leaves traders wary A rate hike could strengthen the yen but also trigger volatility in the market. Japan's low interest rate policy has long supported growth,...

FOREXRSMV

XAUUSD price stabilized around $2,725 after a three-day climb, remaining under profit taking pressure. Strong data on China's economy failed to inspire the market as real estate concerns and possible U.S. tariffs dampened optimism. Expectations of Fed rate cuts continue to support gold despite mixed data on the US labor market and retail sales. The Fed chief's...

FOREXRSMV

📌Trump's upcoming inauguration, the crypto community is expecting the new president to take active steps. And overall, the bullish three-day run is a combination of macroeconomic factors, technical breakdown and fundamental confidence in the future of cryptocurrencies. All of this created a strong bullish momentum that attracted new buyers and increased...

FOREXRSMV

The Fed chief's statements about possible rate cuts in the first half of the year are adding support to the metal. Next week, traders' attention will be focused on US housing and industrial production data. Support levels: 2700, 2697 Resistance levels: 2712, 2721 Global and local trend is bullish. Counter-trend correction is being formed. Technically, the...

FOREXRSMV

Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2647.15 Resistance levels: 2678,2692.51 Support levels: 2675, 2671, 2665

FOREXRSMV

Today all eyes are on GDP and initial jobless claims. Technically, the price is out of the global channel, breaking the support, gold updates the low to 2581. Resistance levels: 2620, 2630, 2636 Support levels: 2616, 2612, 2603 After updating the low, a retest of the previously broken channel boundary and imbalance zones is formed. False breakdown of key...

FOREXRSMV

There is a 93% probability that the Fed may cut interest rates by 0.25%. But the thing to pay attention to here is the general backdrop - the Fed's stance. Hawkish hints about 2025 could have a much bigger impact than a rate cut, which is partially already factored in by the market. Any hint of fewer rate cuts next year could be a growth driver for the dollar....

FOREXRSMV

Technically, xauusd is flat and heading for strong support Resistance levels: 2646, 2658 Support levels: 2633, 2620, 2612.61 Price is heading towards support before the news. Manipulation before a possible rise? The probability is high We are waiting for support retest, false breakdown and possible growth to the mentioned targets

FOREXRSMV

XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support... 📌Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on...

FOREXRSMV

Technically, the gold does not look ready to conquer the tops, the price is stuck in the flat-- RESISTANCE: 2662- 2677,2710 SUPPORT: 2635 - 2646 Tested resistance in the form of a false breakout, accordingly, the market has potential - liquidity from below. At the moment the emphasis is on the local ascending channel. We are waiting for support retest. If the...

FOREXRSMV

Technically, gold is returning to the channel, marking a strong resistance at 2632. (a retest of the zone is possible before a further fall). Resistance levels: 2632, 2620 Support levels: 2605 A price consolidation below 2620 or below 2605 will strengthen the sell-off phase. The fundamental background is weak, which increases the pressure of bears. In the...