GOLD → Ahead of ATH. How can price react to resistance?FX:XAUUSD is updating its highs and is gradually approaching ATH. Before the last spurt consolidation or correction may be formed, but chances of reaching ATH are quite high.
Gold price continues its bull run amid uncertainty in Trump's trade policy and expectation of PMI data in the US. Market participants are seeking protection in gold due to global growth fears related to trade conflicts and rate policy. The hawkish stance of the Bank of Japan and dollar weakness also support the metal. However, a pullback is possible on Friday due to profit taking ahead of US GDP data and the Fed decision.
Technically, there is a strong resistance zone at 2790 - istric high ahead. A false break of the resistance may trigger a profit-taking and subsequent correction.
Resistance levels: 2790
Support levels: 2770, 2762, 2750
Before reaching the ATH, the price may form a retest of the support at 2762. But, the main focus is on the historical maximum. The chance of reaching the target is very high, but watch the price reaction to the resistance. False breakdown may provoke a deep correction.
Regards R. Linda!
DXY
GOLD FURTHER SELL OFF?! (UPDATE)Gold has pushed up extremely bullish today, so far 320 PIPS. It has stayed below the last ATH of $2,790 keeping the market structure valid so far. BUT, it has surpassed the important price point of $2,780 which makes market structure very difficult to navigate right now.
I'm waiting on the weekly candle closure to get a better idea of what Gold could possibly do next. The next few trading days should develop price action & make future direction more clear. Being patient right now.
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.
$DXY/YEN can we still see 159.26 MAYBE OR NOT SECOND TOP in dollar yen Carry trade My Original view was for this chart to see at or above 162 for wave B But I also gave it a chance that we 159.26 this being where wave C up of B top would be .618 of wave [A} up we peaked at 158.57 The carry trade has been a major reason for worldwide Liquidity Inflating assets Worldwide and The US Treasury and Fed was the reason for USA assets to inflate . As I have said The GLOBAL Liquidity Cycle is ending and is just about to start the contraction cycle . So I am RATHER Bullish on the DXY for 2025 and into 2026 and bearish YEN I have the DXY seeing a 121 plus or minus 1.5 target . I picked up dxy at the low 100.60 to 99.8 see post I have sold at 110 and I am buying it back > I had targets of 107.6 but we are setting up for the next up leg in DXY and Drop in YEN best of trades Wavetimer
GOLD → The bulls are fighting for 2750. ATH is close!FX:XAUUSD is in a bull run phase due to rising risks. The price is testing new highs and trying to consolidate above key resistance. Trump's speech is ahead and high volatility should be expected.
Gold price is consolidating in the bullish zone after breaking through the three-top resistance. Traders are analyzing the impact of President Trump's tariff policies, which have caused uncertainty in the markets and weakened demand for the dollar and bonds. Meanwhile, support for gold prices is provided by optimism from China's measures to stimulate stock markets.
Investors' attention is focused on US economic data, including weekly jobless claims and Friday's PMI from S&P Global, which could affect expectations for a Fed rate cut. Weak statistics will reinforce forecasts of two rate cuts this year, which supports interest in gold.
Technically, the focus is on 2750. If bulls hold their defenses above this zone, gold could head towards ATH.
Resistance levels: 2750, 2762
Support levels: 0.5 fibo, 2732
Bullish trend, high risks, politics. Lots of reasons that support the metal. But, today is Trump's speech, and this man knows how to make noise in the market. High volatility is possible. But, in general, gold looks as if it is ready to go up, perhaps it can even renew ATH
Regards R. Linda!
[[flash crash]]gm,
i’m reaching out today to give you a fair warning based on a concerning cross-market chart structure. the dxy is showing strong signs of strength and looks like it’s gearing up for an upside squeeze, potentially setting the stage for a breakout to levels we haven’t seen in decades.
the implications of this move could trigger a flash crash in both the stock and crypto markets world-wide, reminiscent to that of the covid crash. this time, however, i believe the catalyst will be the combination of elevated rates, inflation, and the looming debt ceiling crisis.
don’t fear the crash,,, it will present a rare buying opportunity for those who are in tune with this wilder market. a strategic player, one who profits from the collapse of this fragile economy, will thrive in these conditions.
---
if my forecast is correct, we’ll see the TVC:DXY explode up to 127,,,
while CRYPTOCAP:BTC would lose roughly half of its current value.
🌙
GOLD FURTHER SELL OFF?! (UPDATE)Gold has successfully climbed up towards our 'Option 2' price zone & sellers have been rejecting that zone nicely, pushing price back down.
However, $2,737 - $2,732 is a crucial zone for Gold. If buyers keep rejecting this zone, then there's a chance that price could start another bull run from this price & push upwards of $2,800+. Keeping a close eye here.
USDJPY - 4H Short Opportunities Amid DowntrendFollowing the sharp fall in FX:USDJPY after PPI and CPI news, we expect further downside, potentially reaching the middle or bottom of the channel. 📉
Each push-up could be a short entry opportunity. Even a strong rise below 158 might be a dead cat bounce and a better short entry point. Stay cautious and strategic! 🔻
EUR/USD : Possible Fall Ahead? (READ THE CAPTION)By analyzing the #EURUSD chart on the 3-day timeframe, we can see that the price finally hit the 1.044 target, delivering a 250-pip return. Currently, EUR/USD is trading around the 1.041 level. If a strong rejection occurs at this zone, we can anticipate a potential drop toward 1.035 as the first target and 1.025 as the second target. This analysis will be updated accordingly!
The Main Analysis :
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
Gold , daily analysis
"In relation to gold, my recent analysis regarding the bearish trend in gold is progressing successfully, and the price could potentially drop below $2500 in the upcoming month."
If you have any specific preferences or areas you would like me to focus on, feel free to let me know!
Potential bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance.
Pivot: 107.90
1st Support: 107.12
1st Resistance: 108.93
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Will Trump's tariff threat be an obstacle to an ECB rate cut?
Both short-term dollar weakness and the ECB’s increased inflation concerns have clearly propelled EURUSD upward. Finland's central bank governor, Oli Rehn, asserts that eurozone inflation will stabilize as anticipated and that monetary policy will continue to be constrained in the near future. Meanwhile, ECB President Lagarde has issued a stark warning that the threat of tariffs is set to rise with Trump’s return to power, which could lead to significant inflation risks.
EURUSD breached above the descending channel’s upper bound and approached the resistance at 1.0470. EMA21 widens the gap after golden-crossing EMA78, indicating a possible shift to bullish momentum. If EURUSD breaches above 1.0470, the price could gain upward momentum toward 1.0560. Conversely, if EURUSD breaks below EMA21 and the support at 1.0360, the price may reenter the descending channel.
DXY in 4H timeframehello dear traders
U.S. Dollar Index (DXY) and the potential for a correction over the next month:
Federal Reserve Monetary Policy:
If the Federal Reserve signals a slowdown or pause in its rate hikes, it could put downward pressure on the DXY. Upcoming speeches or FOMC minutes will be key indicators to watch.
U.S. Economic Data:
Weaker-than-expected economic data, such as lower GDP growth, higher unemployment rates, or declining inflation, could suggest a less aggressive Fed policy, leading to a potential correction in the dollar.
Global Economic Trends and Risk Sentiment:
Increased risk appetite in global markets could drive investors toward riskier assets (like equities or emerging market currencies), reducing demand for the dollar as a safe-haven asset.
Geopolitical and International Developments:
Any easing of geopolitical tensions or positive trade agreements between major economies could diminish the dollar’s safe-haven appeal and contribute to a potential correction.
Correlated Markets like Gold and Oil:
Rising prices in gold or oil often correlate with a weaker dollar. If these assets strengthen, it could be a sign of dollar weakness.
In summary, weaker U.S. data or dovish signals from the Fed, combined with a more favorable global economic environment, could increase the likelihood of a DXY correction over the next month.
DeGRAM | DXY pullback in the channelThe DXY is in an ascending channel between trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart has fallen below the support level.
We expect the pullback to continue
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XAUUSD - Gold will continue to rise?!Gold is above EMA200 and EMA50 in the 4-hour timeframe and is in its ascending channel. If gold climbs to the ceiling of the channel, you can look for positions to sell it towards the midline of the channel.
Investments in commodities are expected to remain a reliable hedge against inflation and economic uncertainty in 2025. Specifically, gold and silver are predicted to outperform other commodities.
Despite the optimistic outlook for 2025, Ole Hansen, Head of Commodity Strategy at Saxo Bank, advises investors to be cautious when constructing a commodity portfolio. Gold and silver, which showed strong performance in 2024, remain his top picks.
Hansen forecasts that gold prices will reach $2,900 per ounce this year, representing a 7% increase from current levels. However, he sees greater potential in silver, expecting prices to rise to $38 per ounce, a nearly 30% increase from current levels. He added that his outlook for the market remains bullish.
He also highlighted that gold will continue to serve as a key safe-haven asset through 2025. Hansen stated, “Investment demand for metals is increasing due to growing geopolitical uncertainties and global economic shifts. This has driven investors to seek safer assets, a trend that shows no signs of slowing down. Additionally, concerns about rising global debt, particularly in the United States, have prompted investors to turn to precious metals to safeguard against economic instability.”
However, Hansen urged investors to remain patient, as the Federal Reserve continues to unwind its accommodative monetary policies. Currently, markets anticipate only one rate cut this year, a significant shift from expectations just a few months ago. The Fed’s hawkish stance could support the U.S. dollar, potentially creating volatility in the precious metals market.
Jenny Johnson, CEO of Franklin Templeton, stated that the Federal Reserve is likely to pause to assess the impact of Trump’s policies on the economy.She noted that Trump’s spending pressures could provide a short-term boost to the economy, and his stance on deregulation is favorable for businesses.
Ron O’Hanley, CEO of State Street, remarked that he does not expect the Federal Reserve to cut rates more than twice this year. He also expressed heightened concerns about U.S. debt levels in the medium term.
DXY Is Going Up! Buy!
Take a look at our analysis for DXY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 108.100.
The above observations make me that the market will inevitably achieve 109.402 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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GOLD (XAUUSD) Extraordinary SELL ComingGold (XAU/USD) Trading Signal and Analysis
Current Price: 2,743 USD
Sentiment: Bullish momentum continues despite potential volatility linked to macroeconomic factors, including Trump's return and increased demand for safe-haven assets by financial institutions.
Technical Outlook:
The price is currently testing a high zone between 2,743 and 2,751, approaching the upper boundary of its recent bullish range.
A retracement is anticipated, targeting at least 30% of Fibonacci retracement, aligning with a move toward the lower band of the Bollinger Band.
Signal:
Sell Zone: Enter short positions between 2,743 and 2,751.
Target: Aim for a price level near 2,670 on higher timeframes.
Stop-Loss: Set a stop-loss according to your portfolio risk tolerance. Position it slightly above 2,760 to account for potential breakouts.
Analysis and Strategy:
Macro Factors: Bullish pressure is driven by demand for gold as a safe-haven asset. However, retracement is expected due to market corrections and profit-taking.
Technical Indicators:
Anticipated correction aligns with Fibonacci 30% retracement.
Bollinger Bands suggest a possible pullback towards the lower band as price reverts to the mean.
Support:
Support Zones: 2,670, with a minor level at 2,680.
Resistance Zones: 2,751–2,760.
Recommendation: Use position sizing and stop-loss placement that align with your portfolio's risk management strategy. Adjust take-profit targets if momentum extends the retracement.
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