Commodities
GOLD knocking on the door of the current all-time highTVC:GOLD continues to advance rapidly and is already getting closer to the current all-time high. But can the price stay above the current all-time high of around 2790 by the end of this month? Let's find out.
More a more detailed technical analysis watch the video.
MARKETSCOM:GOLD
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Dollar down, Metals, Miners, Crude Up! SPX new high, Bitcoin???Premarket US dollar down while precious metals and mining stocks get a bid higher. SPX closes above 6118$ making new record high. Crude oil gets a minor bounce, can it retrace to $77? What is Bitcoin doing next? Will it close higher or sell off from here? That is the question.
Gold Approaches Record Highs Amid Bullish MomentumGold Hits 12-Week High
Over the past four weeks, Gold has gained 5.5%, and over the last 12 months, it has surged 37.54%.
Gold Futures are approaching record highs, driven by a weaker U.S. dollar and ongoing uncertainty around tariffs.
Gold Technical Analysis
Gold remains in a strong bullish zone after breaking the 2759 level, with momentum building toward the 2788 all-time high (ATH).
If the price closes a 4-hour candle above 2788, it is likely to extend gains toward 2804 and potentially 2813.
However, if the price stabilizes below 2788, there is a strong possibility of a correction back to 2759.
Key Levels
Pivot Point: 2775
Resistance Levels: 2788, 2804, 2813
Support Levels: 2759, 2747, 2739
Previous idea:
Gold (XAUUSD): Bearish or Bullish? Gold Faces a CrossroadsIf you followed the levels we laid out in November, you’ve likely seen solid gains as TVC:XAU has risen nearly 6% since then. Gold has now reached our targeted area for wave B, sitting comfortably at the 88.2% Fibonacci level ($2,755) and reclaiming the trendline at $2,720 with ease. From our perspective, a downturn in the near future would make more sense, leading to a drop to at least $2,420 per ounce—an area we highlighted in our last analysis.
The macro backdrop adds complexity. On his first day in office, the 47th U.S. President signed over 200 executive orders, sending shockwaves through the markets. Among these actions, President Trump suggested a 10% tariff on Chinese imports starting February 1, alongside potential tariffs on European imports. These moves could strengthen the US dollar, which would typically dampen gold’s appeal as a hedge against inflation while boosting its attractiveness in other scenarios.
If gold continues higher, our count allows for a maximum target of $2,886. Should it exceed this level, we would need to re-evaluate our outlook. For now, we maintain a bearish near-term perspective while monitoring key levels closely.
Key Levels:
Support Levels: $2,720, $2,528 & $2,328
Fibonacci Levels: $2,859–$2,887
Gold Hits $2,770 Target – Will It Break Historical Highs Today?Analyzing the 4-hour chart of gold, we observe that the price reacted to the expected levels of $2,755, $2,757, and $2,759 yesterday, followed by a strong breakout to hit our anticipated target of $2,770. Currently trading at $2,777, gold shows no signs of rejection or a significant pullback.
As the final trading day of the week unfolds, the big question remains: will gold surpass its previous historical high of $2,790? With today's growth reaching $2,780, it's just 100 pips away from breaking that record. The opening of New York markets could provide the decisive momentum.
A new historical high and even targets beyond $2,800 seem within reach! Stay tuned for updates, and don't forget to support this analysis with your reactions to keep the momentum going.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Light Crude Oil Futures (CL1!): Setting New LimitsWe’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout.
Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector.
If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled.
Key Levels at the moment:
Support Zone: $67.70–$64.40
Resistance Zone: $85–$88
XAUUSD ( GOLD ) TODAY'S CHART MAPPING IN 30M TFWelcome To Another Day Of TRADING Guys
As you know Xauusd is already at higher position and it's still in buying zone
Probably Xauusd make again 2790 so here is set-up for today
Support level 2770
2nd Support level 2762/59
Target well be. 2789
Let me know your thoughts in the comments section have a good trade guy's
DeGRAM | GOLD is holding above the trend lineGOLD is in an ascending channel above the trend lines.
The chart maintains an ascending structure.
We still expect the price to reach the resistance level soon.
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Gold Approaching Major Resistance – Will It Drop to 2,736$?OANDA:XAUUSD is nearing the upper boundary of an ascending channel, which aligns with a major resistance zone. This area has acted in the past as a reversal point, making it a key level to watch for potential bearish movements.
If the price confirms rejection at this level, I anticipate a move downward toward the 2,736$ level, consistent with the channel’s structure and a nearby support zone. Conversely, if this resistance is breached, it could signal increased buying pressure and a continuation of the bullish trend.
GOLD at Key Resistance: Will Sellers Take Control?OANDA:XAUUSD has reached a key resistance zone, an area where sellers have historically regained control. The ongoing bullish momentum may face exhaustion as price approaches this level, making it a potential turning point.
If bearish confirmation appears, such as rejection candles or a bearish engulfing pattern, I anticipate a pullback targeting the 2,740.000 level, which represents a logical target within the current market structure. This setup reflects a possible short-term correction within the broader market context.
COPPER extending a Bullish Leg to the 7-month Resistance. Copper (HG1!) has been trading within a Channel Up since the August 07 2024 Low and the last two days has resumed the uptrend, invalidating the Jan 17 rejection. This suggests that the current rally is the latest technical Bullish Leg and should be extended to the top of the pattern for a Higher High.
Until then however, there is Resistance Zone 1 to consider, which is holding since June 2024, so we will be going for less risk, targeting 4.6550.
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XAL/USD "ALUMINIUM" Metal Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAL/USD "ALUMINIUM" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated at any price level.
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 2750.000 (or) Escape Before the Target
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Fundamental & Macro Outlook 📰🗞️
Based on the fundamental & macro analysis, I would expecting a bullish outlook for XAL/USD (Aluminum)
Demand and Supply: Aluminum demand has been rising due to its increasing use in the automotive, construction, and packaging industries. However, supply has also been growing, mainly driven by China's production.
Inventory Levels: Global aluminum inventories have been declining, which could support prices.
Production Costs: Aluminum production costs have been rising due to increasing energy costs, particularly in China.
Trade Tensions: Trade tensions between the US and China have been impacting aluminum prices, as China is a significant producer and consumer of aluminum.
Macro Analysis---
Global Economy: The global economy has been slowing down, which could negatively impact aluminum demand.
Interest Rates: Low interest rates in major economies could support aluminum prices by increasing demand for commodities.
Commodity Prices: Other commodity prices, such as copper and zinc, have been rising, which could support aluminum prices.
Currency: The US dollar has been appreciating, which could negatively impact aluminum prices.
Sentiment Metrics---
Sentiment Score: 0.15 (neutral)
Bullish Sentiment Index: 45 (out of 100)
Bearish Sentiment Index: 30 (out of 100)
Neutral Sentiment Index: 25 (out of 100)
Insights:
The overall sentiment is neutral, indicating that market participants are uncertain about the future direction of aluminum prices.
The bullish sentiment is slightly higher than the bearish sentiment, suggesting that some market participants are optimistic about aluminum prices.
The neutral sentiment is significant, indicating that many market participants are waiting for clearer market signals before making a decision.
Recommendation---
Based on the sentiment analysis, it's recommended to adopt a neutral stance on XAL/USD, with a slight bias towards a bullish trend. However, it's essential to continue monitoring market developments and adjust your strategy accordingly.
Disclaimer---Sentiment analysis is subjective and based on publicly available data. It should not be considered as investment advice. Trading commodities involves risk, and you could lose some or all of your investment. Always do your own research and consider multiple sources before making a trade.
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Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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XAUUSD: Trump set the markets on fire!Gold is above the EMA200 and EMA50 on the 4-hour time frame and is in its ascending channel. Our initial position today will be to buy gold. If gold rises to the previous ATH, we can look for selling positions at the ceiling indicated by the upward trend line.
It appears that Trump has softened his stance on tariffs, a shift that has significantly impacted the dollar. He has stated that he prefers using tariffs as a tool to control China rather than directly imposing them. Currently, a 10% tariff on Chinese imports might be implemented, though this is far from the 60% tariff he had proposed during his campaign. If Trump has taken a more lenient approach toward China, could he adopt a softer stance on other countries as well? Perhaps.
Regardless, the tailwind that supported the dollar since December has officially shifted direction. The dollar seemed to hold Trump’s “trump card”—quite literally—at the start of the new year. But was that truly the case? If you recall, Trump’s stance on the dollar this time contrasts sharply with his first term in office.
Now, Trump favors a weaker dollar—or at least that’s what he said last year. The only viable option to achieve this is pressuring the Federal Reserve to lower interest rates more quickly, and it seems that’s precisely what he’s trying to do.
He now claims that he “understands interest rates better than the Federal Reserve” and insists that rates should be reduced “immediately.” However, this does not necessarily mean the Fed will alter its current policy. The Federal Reserve’s mandate typically operates beyond political influence, but Trump could ease the situation if he merely talks about tariffs without taking action.
This would help alleviate inflation concerns, but we might need to wait a few more months to be certain, which is likely what Federal Reserve policymakers would prefer.
That said, one can never rule out the possibility of Trump abruptly changing his mind. For now, however, it seems the dollar has started the new year under Trump’s influence. As tariff concerns fade, the focus will shift back to inflation and labor market data to determine where the economy heads from here.
Brent - What will Trump's oil policies be?!Brent oil is in the 4-hour timeframe, between EMA200 and EMA50 and is moving in its medium-term ascending channel. We will look for oil selling opportunities on the supply zone. If the $75 level is broken, we can see the continuation of the downtrend. On the other hand, we can buy in the demand zone with a risk-reward approach.
When Donald Trump launched his election campaign, he threatened to impose 25% tariffs on America’s largest trading partners unless they addressed their trade surpluses with the U.S. Analysts described this idea as risky. However, Bloomberg has reported that, while this strategy is far from subtle, it has proven effective.
This threat turned importers into U.S. customers. Energy importers from Asian countries began purchasing more crude oil and liquefied natural gas (LNG) from the United States, aiming to appease Trump before he took any action on tariffs.
Saul Kavonic, an energy analyst at MST Marquee, told Bloomberg that U.S. trading partners view LNG purchases as a tool for negotiating tariffs with the Trump administration. He added that since last November’s election, orders for U.S. energy shipments have risen.
Shortly after the election, Trump specifically suggested that the European Union should buy more LNG from the U.S. to offset its significant trade surplus. At the time, Ursula von der Leyen, President of the European Commission, stated there was no reason why the EU couldn’t replace Russian LNG with American liquefied gas. However, her statement was perhaps not the most well-considered.
The EU’s preference for Russian LNG and its hesitation toward American LNG primarily stems from pricing issues. Even this year, the region’s purchases of Russian LNG have reached record levels. As reported by the Financial Times earlier this week, the EU is highly sensitive to price considerations. According to an EU official, price remains a critical and determining factor.
Bernd Lange, head of the European Parliament’s trade committee, previously remarked that Europe’s demand for LNG could align with America’s eagerness to sell more.He added that discussions on this issue are feasible. Trump has consistently emphasized his interest in deals that benefit the United States above all.
On his first day in office, Trump revoked Biden’s executive order that halted permits for new LNG export capacity. This decision will expand U.S. export capacity over the next four years, potentially lowering prices depending on demand levels.
The World Trade Organization’s chief warned that reciprocal tariff retaliation could result in a double-digit reduction in global GDP, a scenario that would have catastrophic consequences.
Analysis of the latest gold trend on January 22
On Wednesday (January 22), spot gold fluctuated in a narrow range at a high level in the Asian session, currently trading around $2,751/ounce. Gold prices rose 1.39% on Tuesday, jumping to a more than two-month high of $2,745.83/ounce and closing at $2,744.59/ounce, supported by a weaker dollar. Under the uncertainty of possible tariffs imposed by US President Trump, the market flocked to safe-haven gold. The U.S. dollar index fell back after its rebound on Tuesday was blocked. It once refreshed a two-week low to 107.86 during the session and closed down 0.12% at 107.94, making gold cheaper for holders of other currencies. Affected by Trump's tariff threats, investors flocked to safe-haven assets such as gold, and the US dollar's highs and declines, US Treasury yields plummeted, and gold prices soared to their highest point in more than two months. US President Trump also said on Tuesday that he might impose sanctions on Russia if Russian President Vladimir Putin refused to negotiate an end to the war in Ukraine. This also provided safe-haven support for gold prices. Trump did not disclose specific details of possible additional sanctions. The United States has imposed severe sanctions on Russia since the Russian-Ukrainian conflict. Trump said his administration is also looking into sending weapons to Ukraine and said he believes the European Union should do more to support Ukraine. In early Asian trading on Wednesday, Trump said he would impose tariffs on the European Union. Affected by this news, the euro had a short-term dive of about 30 points, and the price of gold did not fluctuate much in the short term, but investors need to pay attention to the further fermentation of market sentiment.
Gold is considered a safe investment in times of economic and geopolitical uncertainty, but the policies proposed by Trump are widely seen as inflationary, which may prompt the Federal Reserve to maintain higher interest rates for a longer period of time to curb price pressures. It is expected that Trump's extensive trade tariffs will further stimulate inflation and trigger a trade war, which may increase the safe-haven appeal of gold. The market may also be waiting for the Federal Open Market Committee (FOMC) meeting of the Federal Reserve next week and the personal consumption expenditure (PCE) price index, especially the inflation data. I don't think anyone is expecting the Fed to take any action next week, but will certainly be watching the policy statement closely for hints about the rest of the year. "Analysts say Trump's immigration, tax and tariff policies may boost economic growth but also spur inflation. The Fed is expected to keep interest rates steady this month but remain vigilant against inflation. According to calculations by the London Stock Exchange Group (LSEG), the market expects the Fed to cut interest rates by about 38 basis points this year and may resume cutting interest rates at the June meeting. There are relatively few economic data on this trading day. Continue to pay attention to Trump-related dynamic news and changes in market sentiment, and pay attention to the Davos Economic Forum and the speech of European Central Bank President Lagarde.
Gold technical analysis: The recent trend of gold has continued to fluctuate and rise, and the high and low points can be switched flexibly. At present, the gold price has once again refreshed the high of 2750 in early Asian trading. Gold has started a new round of rise. The daily positive line of gold closed higher, breaking the recent The upper track of 2725 in the wide range hit another high point this week. As the daily line consolidates, it rises again after pulling Yang. The daily line has further momentum to reach higher levels. Yesterday, it fell back to the lowest level of 2702 and started to rise steadily. In line with expectations of an immediate rise in the Asian market yesterday. It's just that the upside space has been increased after a direct breakthrough. Yesterday, it was also emphasized that the bulls will look further if it breaks through 2725. At the same time, when it is confirmed by stepping back, it will be a second opportunity to enter the long position. The higher closing price on the daily line will drive further short-term gains during the day.
The 4-hour chart is running in the ascending channel. In the strong unilateral market, the middle track of Bollinger Bands moves upward as the critical point for bulls. Combined with the support of breaking the high point of 2726 and the retracement of the 2716 line after breaking the high yesterday, the price started to stabilize for the second time. This is the defensive critical point of the bulls. The strong market will not be stepped on deeply, and the breaking high conversion point of the previous day will not be lost. The bulls will still maintain their momentum. From the perspective of the 1-hour structure, the bullish trend remains good, and the adjustment is also a short-term behavior. The general direction is still continuing to rise, especially after breaking through 2730 US dollars, the European session on Tuesday quickly fell back to below 2720 to complete the top and bottom conversion. The focus after today's retracement is on the position of 2738-2742, which is also the retracement of the previous high point. The European session should also pay attention to the retracement confirmation.
From the perspective of time, since the 21st trading day of gold's rebound from 2583, that is, Monday this week, the change of the market has not been successful, then the next change of the market time node will focus on next Friday, which is the 55th trading day of the rise of 2536. Therefore, in terms of operation, gold is now entering a stage of accelerated rise. Today, our professional and senior gold analyst team recommends buying with the trend near 2740, and the upper target is further up to 2765-2770 area!
Taken together, in terms of today's short-term gold operation ideas, our professional and experienced gold analyst team recommends to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus is on the first-line resistance near 2765, and the bottom short-term focus is on the first-line support of 2738-2742.
XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing great. Let me share my personal view on XAUUSD (Gold) with you.
Based on what I see on the chart, I expect gold to make a small pullback to the 2760–2763 zone. From there, it might push higher, aiming for new all-time highs. However, if 2735.67 is broken, I anticipate a further decline.
📈 Expectation:
Bullish Scenario: A pullback to 2760–2763 followed by a rally targeting:
1️⃣ 2,800 (Psychological Level)
2️⃣ 2,825 (Psychological Level)
3️⃣ 2,850 (Psychological Level)
Bearish Scenario: A break below 2735.67 may lead to further downside movement.
💡 Key Levels to Watch:
Resistance Levels: 2800 / 2825 / 2850
Support Level: 2735.67
💬 What’s your perspective on XAU/USD ? Share your analysis in the comments!
Trade safe
Gold Today: Steady Climb Toward New HighsHello everyone, it’s great to have you back as we discuss and explore today’s gold price trends.
Gold continues to trade near its highs, moving in line with the BOS (Break of Structure) predictions we discussed yesterday. The precious metal has approached the $2760 resistance level and appears poised to break through at any moment.
This stable rise in gold is largely driven by movements in the US dollar. After a period of gains, the dollar experienced a significant sell-off, pushing gold to its highest levels in nearly three months. Analysts, including Han Tan from Exinity Group, suggest that gold could reach the psychological milestone of $3,000/ounce if President Trump’s policies further boost inflation hedging and demand for safe-haven assets.
What about you? What’s your take on gold’s performance today? Share your thoughts in the comments below, and don’t forget to like if you agree with this outlook!
Wishing you all profitable and enjoyable trading!
XAUUSD BUY LIMIT ORDERHi everyone.
we have a BOS in higher TF and I think we're starting a pullback. I think these two areas has a good potential to set order.
I'll Update the TPs later but for now our last TP is 2790
Let's see how it reacts to those areas.
Please always consider the risk management.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
Bullish bounce?WTI Oli (XTI/USD) is falling towards pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 75.10
1st Support: 73.14
1st Resistance: 77.10
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