DeGRAM | GOLD formed a declining topGOLD is in a local descending channel between trend lines.
The price is moving from resistance at $2870 and the upper boundary of the channel.
The chart is holding in the channel and trying to form a descending top.
On large Timeframes the indicators indicate overbought.
We still expect a correction.
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Gold
GOLD recovered strongly, Trump stimulated risk aversionDuring the Asian trading session on Monday (February 10), OANDA:XAUUSD Spot has recovered strongly after a short decline. Gold price has now recovered to about 2,874 USD/ounce, a sharp increase of about 15 USD during the day.
US President Donald Trump said on Sunday local time that he would announce a 25% tariff on all imported steel and aluminum on Monday.
Trump told reporters aboard Air Force One that the tariffs would apply to metal imports from every country. He did not specify when the tariffs would be applied. Trump also said he would announce corresponding tariffs later this week for countries that impose tariffs on U.S. imports.
These comments stimulated the market's risk aversion, the Asia-Pacific stock market and the US stock futures market fell, and the two safe-haven assets, the US dollar and gold, recovered together.
On the daily chart, OANDA:XAUUSD recovered after receiving support from the upper channel edge, and in terms of technical structure nothing changed from previous releases with a bullish bias dominating the technical chart.
Maintaining price activity above the 0.236% Fibonacci extension provides the conditions for continued upside with the next target being at $2,891 the 0.382% Fibonacci extension, more so than the original price point of $2,900.
With the price channel making a short-term uptrend, along with the Relative Strength Index providing no signs of a strong downside correction, gold is expected to continue searching for new all-time highs. The positions will be noted as follows.
Support: 2,869 – 2,844 – 2,834USD
Resistance: 2,891 – 2,900USD
SELL XAUUSD PRICE 2906 - 2904⚡️
↠↠ Stoploss 2910
→Take Profit 1 2899
↨
→Take Profit 2 2894
BUY XAUUSD PRICE 2829 - 2831⚡️
↠↠ Stoploss 2825
→Take Profit 1 2836
↨
→Take Profit 2 2841
GOLD → First declines, then continues to conquer $2,900OANDA:XAUUSD is currently moving slowly on a bullish trend platform, with the price fluctuating around $2,868 and rising by approximately 0.45% on the day.
Inflation remains on an upward trajectory, and gold is responding as a safe-haven asset. "Gold is on track to reach $2,900 per ounce, and market sentiment remains highly optimistic, despite the short-term strength of the U.S. dollar."
Furthermore, recent statements from Federal Reserve officials indicate that major policy uncertainties—including tariffs and other issues stemming from the early days of former President Donald Trump's administration—are among the biggest challenges in determining monetary policy direction in the coming months.
Currently, the market's focus is on the upcoming Non-Farm Payrolls (NFP) report, set to be released on Friday, which will provide further insights into the overall strength of the economy and the Fed’s policy path. Theoretically, a disappointing jobs report could strengthen the case for interest rate cuts in the U.S., thereby boosting gold prices. However, the opposite scenario is also possible.
From a technical standpoint, gold prices may decline from the $2,870 resistance level to accumulate liquidity and prepare for further upward movement. Specifically, the price could react to lower trend boundaries and the previously broken resistance of the ascending channel. There are no fundamental or technical reasons to break the current trend, and growth may resume after a potential false breakout.
Regards Bentradegold!
XAUUSD correction to the 1H MA50 technically needed.Gold (XAUUSD) stayed unaffected by the Tariff War, as we mentioned on last week's analysis (Feb 03, see chart below) and easily hit our 2845 Channel Up Higher High Target:
This time a new, more aggressive Channel Up, on the 1H time-frame has emerged and is already on its 2nd Bullish Leg. Technically, the 1H RSI being overbought at 80.00, calls for a short-term correction.
We expect a technical pull-back to the 1H MA50 (blue trend-line), which will be the next buy entry fir the final +3.90% run and a Channel Up Higher High at 2945.
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GOLD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are now examining the GOLD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2,816.028 level.
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XAU/USD (Gold) Triangle Breakout (07.02.2025)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 2890
2nd Resistance – 2904
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Contracting triangle on XAUHi everyone
what are you doing this days?
After a strong bullish trend from 2780 to 2880 and completing two upward legs, we are now trapped in a contracting triangle.
The scenario I anticipate for the market's next move is marked in red: an upward push toward the identified resistance zone, followed by a drop to the lower trendline.
What do you think ? comment below
I hope you capture the best profits from the market!
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2872 and a gap below at 2851. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2872
EMA5 CROSS AND LOCK ABOVE 2807 WILL OPEN THE FOLLOWING BULLISH TARGET
2885
2898
EMA5 CROSS AND LOCK ABOVE 2898 WILL OPEN THE FOLLOWING BULLISH TARGET
2911
2923
BEARISH TARGETS
2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE RETRACEMENT RANGE
2841 - 2819
EMA5 CROSS AND LOCK BELOW 2819 WILL OPEN THE SWING RANGE
SWING RANGE
2807 - 2794
SECONDARY SWING RANGE
2782 - 2764
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD H1 | Bearish Drop Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2880.26, that lines up with the 78.6% Fibo retracement
Our take profit will be at 2855.42, an overlap support level.
The stop loss will be at 2896.71, above the 127.2% Fibonacci extension and the 100% Fibonacci projection.
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Trade Idea: Long Position on XAUUSD ( BUY LIMIT )Analysis Summary
1. Trend Analysis:
• The Daily chart shows a strong uptrend, with price making higher highs and higher lows.
• The 15-minute chart supports the uptrend with a series of pullbacks and continuations.
• The 3-minute chart shows some volatility but confirms higher support levels.
2. Technical Indicators:
• MACD (Daily): Strong bullish momentum.
• RSI (Daily at 74.59): Overbought but not showing reversal signals.
• Moving Averages: Price is riding above short-term MAs, indicating continued buying pressure.
3. Fundamental Analysis:
• Gold is in a strong uptrend due to market uncertainty and demand for safe-haven assets.
• U.S. economic data, interest rate outlook, and inflation trends remain supportive of gold’s rally.
Trade Setup
• Position: Long
• Entry: $2860 (Buy on a slight dip)
• Stop-Loss (SL): $2845 (Below recent support)
• Take-Profit (TP): $2890 (Aligned with the trend and recent highs)
• Risk-Reward Ratio: 2:1
Conclusion
• Bias: Strongly bullish
• Probability of success: High, as long as gold maintains momentum above $2850
• Risk: If price breaks below $2845, further downside correction is possible.
Weekly and Monday analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower as the market digested the Employment Trends Index (ETI) report. On the weekly chart, a sell signal is in play, yet the index remains within a range-bound structure. Until it reclaims the 5-week moving average, any upside move could still face rejection.
On the daily chart, the MACD has not yet crossed below the signal line, meaning the buy signal remains intact. A critical moment is approaching: will the index break below the 20-day and 60-day moving average golden cross, or will it regain bullish momentum? If a daily sell signal emerges, downside targets extend toward 20,940, where the Bollinger Band lower boundary and 120-day moving average converge.
Although a gap-down occurred today, as long as the daily buy signal holds, traders should approach this market with a range-bound mindset rather than assuming a strong breakdown.
On the 240-minute chart, the index encountered resistance at the upper range boundary. A bearish engulfing candle triggered a sell signal, but since both the MACD and Signal line remain above the zero line, this still suggests a range-bound market. Buying dips and selling rallies remain the most effective strategy.
Market volatility is increasing following Trump’s announcement of reciprocal tariffs on most countries. Additionally, Wednesday’s U.S. CPI release could be a major catalyst—keep it in mind when positioning.
Crude Oil
Crude oil closed higher, bouncing off support on the daily chart. The weekly chart shows strong support at the 20-week moving average, making further downside moves challenging. The $70–71 zone remains an attractive buy area, and with the weekly buy signal still intact, traders should avoid aggressive short-selling.
On the daily chart, oil has yet to reclaim the 5-day moving average, and the MACD remains below the zero line, while the Signal line is still above it, indicating a mixed market structure. Given the potential for a bullish MACD crossover, long positions remain more favorable.
The ideal price action scenario would involve a push to the 10-day moving average, a pullback to retest the $70–71 range, and then a double-bottom formation, leading to a strong upside breakout.
On the 240-minute chart, a buy signal has re-emerged, suggesting a short-term bottom formation. Additionally, MACD bullish divergence is forming, reinforcing the bullish case. Selling into weakness should be avoided, while buying dips remains the preferred strategy.
Gold
Gold closed higher but formed a long upper wick, indicating selling pressure at the highs. On the weekly chart, gold is trading above the Bollinger Band upper boundary, placing it in overbought territory.
At the start of the week, traders should avoid chasing highs and instead focus on buying pullbacks at key support levels. If gold continues to extend gains, shorting near the highs could be an option.
However, volatility is expected to increase due to key data releases:
Wednesday: U.S. CPI
Thursday: U.S. PPI
On the daily chart, the long wick suggests that gold may enter a consolidation phase around 2,900. If the 5-day moving average is lost, a 10-day moving average pullback could set up a range-bound structure. The MACD is in the process of narrowing toward the signal line, indicating that a corrective phase may occur this week. Buying pullbacks remains the preferred approach.
On the 240-minute chart, gold has broken above previous highs, but the MACD is declining, signaling bearish divergence. Now that a sell signal has emerged, the MACD is shifting lower. In the short term, selling rallies remains more favorable, while long positions should only be considered near strong demand zones.
Given the CPI release on Wednesday, gold may remain range-bound until then. Stay cautious, and trade within the range.
■Trading Strategies for Today
Nasdaq - Bullish Market
-Buy Levels: 21550 / 21470 / 21420 / 21340 / 21220
-Sell Levels: 21680 / 21715 / 21800 / 21900
Crude Oil - Range-Bound Market
-Buy Levels: 70.70 / 70.30 / 69.80 / 69.20
-Sell Levels: 71.30 / 71.80 / 72.50
Gold - Bullish Market
-Buy Levels: 2885 / 2878 / 2873 / 2862 / 2856
-Sell Levels: 2906 / 2917 / 2926
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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XAUUSD's Volatility: Will it Fake Us Out or Continue Long?Many have been anticipating Gold to move in both directions. Some are expecting a nice drop while others are camping out for that long. I've been on both sides. Here, I explain my reasons for wanting to Long Gold (XAUUSD) with anticipated targets for both a short-term sell and the buy continuation.
Please boost this if you like my ideas. Comment with your thoughts and/or agreement. I look forward to connecting!
Gold Unstoppable to get to 3000, but we might see a pullbackOn Gold futures I clearly see this going for new historical highs, but since everyone is joining the ride a pullback is around the corner.
Liquidity has just been swept on the 4Hr, so this would be a perfect scenario to squeeze the longs all the way down to a bullish order block/demand zone at 2853,2
XAUUSD 9/2/25XAU is running bullish for the sixth consecutive week. We called for a new all-time high last week and the week before. If new highs form, we will shift our attention to them, but as it stands, we are anticipating another all-time high. Gold is being driven by fundamentals as well as a strong potential for gains based on past performance.
We now look to Orion for the daily bias, and as expected, it remains bullish. Based on this, we have key lows marked on our chart, with the third being a high-volume low. From our understanding, we expect a counter-trend move to start the week before continuing with more long positions. If price reaches our lower areas, we will look for the correct entry to follow through on these moves.
Trade your plan and manage your risk. Always follow Orion.
Anticipating Movements in XAU/USD for the Week AheadAs of February 9, 2025, gold (XAU/USD) is trading at approximately $2,861.26. Analysts anticipate a bullish trend for gold in the upcoming week. Economies.com projects that gold may test the $2,900 level as a key resistance point. Similarly, 30rates.com forecasts that gold prices could reach $2,923 by Thursday, February 13, 2025, and $2,941 by Friday, February 14, 2025. These projections are influenced by various factors, including geopolitical tensions and economic uncertainties, which often drive investors toward safe-haven assets like gold. However, it’s important to note that market conditions can change rapidly. Therefore, it’s advisable to monitor real-time market updates and consult with financial advisors before making investment decisions.
ETH—Signs of Life AppearingSmall, but significant signs of life showing on the 2 day RSI over the 11 day course of time shown as ETH continued to make lower lows, RSI made higher highs suggesting bullish divergence.
2 day RSI was arbitrarily used to show this divergence due to it being more apparent, though 3, and 5 day RSI additionally show the same bullish divergence
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A BUY and a SELL on GOLD (5 mins/15 mins TF)Hello guys,
According to the chart, it looks like most traders are sellers in the market. However, the price needs to rise a bit more before a sell movement begins.
An important note: I see an uptrend for gold in the higher time frames (HTF), so all positions should be scalped with a small stop-loss (SL). Please be careful and manage your entry volume accordingly.
Let me know your thoughts on these positions.
XAUUSD analysis for the weekLet’s craft a forward-looking analysis for XAU/USD (gold) based on plausible macroeconomic narratives, historical patterns, and potential catalysts. Keep in mind this is a speculative exercise—actual outcomes depend on unpredictable events.
Key Factors Shaping XAU/USD
1. Federal Reserve Policy
Bullish for Gold: Lower real interest rates reduce the opportunity cost of holding non-yielding gold.
Risk: If the Fed pauses or signals a "higher for longer" stance due to sticky inflation, gold could face headwinds.
2. U.S. Dollar Dynamics
A weaker USD (due to rate cuts or fiscal concerns, e.g., U.S. debt sustainability debates) would amplify gold’s appeal.
A stronger USD (safe-haven demand during a global recession or Fed policy reversal) could pressure gold.
3. Global Recession Risks
If major economies (EU, China) slide into recession, gold may rally as a safe haven, even if the USD strengthens temporarily.
4. Geopolitical Landscape
U.S. Election Aftermath: Policy uncertainty post-2024 election (taxes, tariffs, fiscal spending) could drive volatility.
New Conflicts: Escalation in Taiwan, Middle East, or Russia-NATO tensions would boost gold demand.
5. Central Bank Demand
Continued diversification away from USD reserves (e.g., BRICS+ nations) may sustain structural gold buying.
6. Inflation Trends
A resurgence of inflation (e.g., energy shocks, supply chain disruptions) would reignite gold’s role as an inflation hedge.
Scenario 1: Bullish Rally (2900–3000)
Catalysts:
Fed cuts rates aggressively (150+ bps total) amid a U.S. growth slowdown.
China’s property crisis spirals, triggering global risk-off sentiment.
Middle East conflict disrupts oil flows, spiking inflation.
Technical Outlook: A breakout above $3,000 (psychological barrier) could trigger algorithmic buying and FOMO momentum.
Scenario 2: Bearish Correction (2800-2600)
Catalysts:
Fed halts cuts due to stubborn inflation (CPI rebounds to 3.5%+).
USD surges as EU/Japan face deeper recessions.
Central banks slow gold purchases, ETFs see outflows.
Technical Outlook: A drop below $2,800 (hypothetical 2024 support) could trigger stop-loss cascades.
Scenario 3: Sideways Churn (2750-2900)
Catalysts:
Markets digest conflicting data (mixed growth, moderate inflation).
Geopolitical “cold wars” (U.S.-China tech/trade) persist without escalation.
Technical Outlook: Range-bound action as bulls and bears await clarity.
Strategic Takeaways
Prepare for Volatility: Gold will react sharply to Fed policy shifts and geopolitical “surprises.”
Watch the USD: A sustained DXY breakdown below 106 could turbocharge gold’s rally.
Risk Management: Use options or trailing stops—gold’s moves could be exaggerated in thin liquidity.
Final Note
By February 2025, gold’s path will depend on how 2024’s unresolved macro risks (debt, inflation, elections) unfold. While the long-term bullish case for gold remains intact (debasement hedging, de-dollarization), short-term swings will hinge on Fed credibility.
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