2025.01.07 XAUUSD weekly outlook
Updated
Hello traders,
Last Friday, the insider alert:
[The support in the 2580-2600 area for gold is effective, and we consider the continued high-level consolidation of gold.
On the 1-hour chart, gold broke through the downward channel during the US session on Tuesday, reversing upward.
The long targets for the high-level consolidation on the 1-hour chart are:
TP1: FIBO EXT 1.27 2653
TP2: FIBO EXT 1.414 2660
TP3: FIBO EXT 1.618 2670
On Thursday, TP1 and TP2 were reached! Please manage your trailing stops and position sizes.
The new entry plan for Friday is as follows: observe for the end signal of the 4-hour consolidation pattern that appears during the European and American sessions, and look for new long signals on the 1-hour chart to buy gold.
New position targets:
TP1: 2670
TP2: 2693
TP3: 2722]
The updated market situation is as follows: on the 4-hour chart, the reversal signal that appeared during the last Friday's Asian session initiated a retracement wave that continued until the US session on Monday. Therefore, the long positions from last week have hit the new stop loss due to trailing stops, which has reduced the stop loss range. Additionally, since position reduction was managed properly, most of the previous profits can be preserved.
The trading plan for Tuesday is as follows:
Due to political factors, the news that Trump is expected to return to the White House on January 20 has also brought uncertainty to the market, as his "America First" and "high tariffs" policies may increase market volatility.
Currently, gold prices are at a critical technical position, and market sentiment is relatively cautious, but the wide-ranging consolidation continues.
On the 4-hour chart, from the US session on Monday to the Asian session on Tuesday, small real candles appeared intertwined with the EMA, suggesting that this may be the C wave of the current upward wave.
The long targets have been updated to:
TP1: 2681
TP2: 2691
TP3: 2705
GOOD LUCK!
LESS IS MORE!
Last Friday, the insider alert:
[The support in the 2580-2600 area for gold is effective, and we consider the continued high-level consolidation of gold.
On the 1-hour chart, gold broke through the downward channel during the US session on Tuesday, reversing upward.
The long targets for the high-level consolidation on the 1-hour chart are:
TP1: FIBO EXT 1.27 2653
TP2: FIBO EXT 1.414 2660
TP3: FIBO EXT 1.618 2670
On Thursday, TP1 and TP2 were reached! Please manage your trailing stops and position sizes.
The new entry plan for Friday is as follows: observe for the end signal of the 4-hour consolidation pattern that appears during the European and American sessions, and look for new long signals on the 1-hour chart to buy gold.
New position targets:
TP1: 2670
TP2: 2693
TP3: 2722]
The updated market situation is as follows: on the 4-hour chart, the reversal signal that appeared during the last Friday's Asian session initiated a retracement wave that continued until the US session on Monday. Therefore, the long positions from last week have hit the new stop loss due to trailing stops, which has reduced the stop loss range. Additionally, since position reduction was managed properly, most of the previous profits can be preserved.
The trading plan for Tuesday is as follows:
Due to political factors, the news that Trump is expected to return to the White House on January 20 has also brought uncertainty to the market, as his "America First" and "high tariffs" policies may increase market volatility.
Currently, gold prices are at a critical technical position, and market sentiment is relatively cautious, but the wide-ranging consolidation continues.
On the 4-hour chart, from the US session on Monday to the Asian session on Tuesday, small real candles appeared intertwined with the EMA, suggesting that this may be the C wave of the current upward wave.
The long targets have been updated to:
TP1: 2681
TP2: 2691
TP3: 2705
GOOD LUCK!
LESS IS MORE!
Trade active
Now keep SL hold and wait for results.
But better cut size few hrs before NFP tomorrow if none TP hits.
Good luck!
less is more!
Note
**The NFP Tango: Data, Drama, and Dollar Dreams**
As Friday’s non-farm payroll (NFP) data looms, the market is bracing for a classic case of “expect the expected.” With ISM employment and ADP data pointing to a Goldilocks scenario—neither too hot nor too cold—the numbers may land right on target. But don’t let that fool you; the real drama lies beneath the surface.
The Federal Reserve has made it clear: inflation is the villain of this story, not employment. Rate cuts? Forget it. Even Governor Bowman has waved off 2025 as a year of monetary mercy. Market expectations for a March cut have already tumbled from 53% to 31%. Translation? "Expected" NFP data won't move the needle on rate-cut dreams, leaving Wall Street with a case of the blues.
But here’s where it gets juicy—cue the conspiracy theories. Could the Trump camp benefit from weak employment figures to sink the dollar? Or perhaps Biden’s team prefers robust job data to keep Trump boxed in by tight liquidity? If NFP has become a political football, traders might need more than just spreadsheets—they’ll need popcorn.
One thing’s certain: Friday’s data may dance to the tune of expectations, but the market’s mood? That’s anyone’s guess.
Trade safe and good luck!!!
Trade closed: target reached
Reached TP2!!!Note
TP3 hit！
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Wechat: ziyuvera
Tele: t.me/VeraFuntrader
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