GOLD Bullish Bias!
HI,Traders !
GOLD is trading along the
Rising support line
In a strong uptrend
And the is about to
Retest the support line from
Where we will be expecting a
Further local move up !
Comment and subscribe to help us grow !
Gold
Gold Wave 5 Bull Complete?! (4H UPDATE)I said on yesterday’s update that during extreme market volatility, Gold can possibly push up towards $2,868 - $2,883. This morning we saw that extreme move up & Gold has now aggressively rejected our $2,882 resistance zone🔥
Even though more upside MIGHT happen, overall Wave 5 is close to completion. Look left on the chart & you’ll see Wave 5 is now above our Wave 3 high of $2,790 which formed in November 2024. The 5 wave bullish cycle is complete or close to completion.
XAUUSD is correcting. Wait for the the right buy entry.Gold is trading inside a (30m) Channel Up.
At the moment it has already topped and is on its bearish wave.
The last one hit the 0.382 Fib and then rebounded.
Trading Plan:
1. Buy on the 0.382 Fibonacci level and as long as the MA100 (30m) holds.
Targets:
1. 2940 (-0.786 Fib like the last High).
Tips:
1. The RSI (30m) will also give a buy signal at 40.00. You can use it as a complementary indicator.
Please like, follow and comment!!
GBPUSD WGBP/USD jumped to the 423% Fibonacci level, breaking the weekly trendline and attempting a new high. However, the time cycle and structure are not yet complete. The market may create fake zones to trap liquidity before completing the structure. A sharp drop is possible, depending on the duration of the sideways movement. If the sideways phase breaks all previous highs, the market could turn bullish. However, the bearish structure is still in progress.
SPY/QQQ Plan Your Trade 2-5-25 Update : Rally PatternRight now, the markets continue to struggle to move higher. We are seeing a solid upward price trend, but I'm watching the MNQ and metals for any signs of weakness.
At this stage of the market's price action, I'm cautiously waiting for the ROLLOVER to setup.
My patterns suggest we move into a Counter-Trend Rally phase tomorrow (which would be a downward trending bar).
I believe the end of the trading day may see a very solid Long-Squeeze (trending downward) today.
And, as of right now - I'm just sitting on my trades, waiting for the Rollover to happen.
I would not suggest taking any big long trades right now unless you are prepared for the risks.
Sometimes, this is what trading is all about.
Looks like things are going to get very exciting over the next 3-5+ days.
GET SOME.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
xauusd heading to 3000$?Fundamentals
Gold prices surged for the fifth consecutive day, reaching a historic high of US$2,877 on Wednesday.
The price increased by over 2.5% this week.
Key Drivers:
Weak U.S. Economic Data:
Strengthens the case for the Federal Reserve to consider another interest rate cut.
Trade Tariff Concerns:
Heightened tensions over increased tariffs with major trading partners have further driven gold prices.
Gold Demand Trends (World Gold Council):
Total Demand Growth: Expected to grow 1% YoY in 2024, reaching a record high of 4,974.5 tons.
Value of Demand: Estimated at US$382 billion due to high gold prices and investor interest in safe-haven assets.
Q4 Demand: Achieved a record value of US$111 billion.
Expert Insight:
Louise Street, Senior Market Analyst at the World Gold Council:
"Geopolitical uncertainty remains high, which will always be a factor supporting investment in gold."
Anticipates elevated uncertainties in 2025, with central banks viewing gold as a stable strategic asset.
Technical Analysis
Upcoming Market Movement:
As Chinese traders return from the Lunar New Year holiday, a catch-up rally is expected.
Brief declines or pullbacks may present buying opportunities.
Key Levels to Watch:
Pivot Point (Support):
First Support Level: US$2,831
Next Support Level: US$2,818
Below US$2,800:
US$2,785 (high from January 24)
Weekly Low: US$2,771
Resistance Levels:
First Resistance Level: US$2,869
Next Key Levels: US$2,880, US$2,900
Psychological Barrier: US$3,000
XAUUSD Gold returned to rest and continued to riseToday's support focuses on the integer mark of 2800. If it falls back and stabilizes at this level during the day, it may continue to be positive. The above-mentioned short-term resistance is centered around 2828-30. If it reaches the 2830 level for the first time, it can be shorted once and then observed for the shock decrease. The short-term bullish strong dividing line targets the 2770 level. Before falling below this level, the daily level will continue to follow the trend's major lengthy pattern. Today, it rises to 2830 and can be shorted, followed by the shock decline. The overall support is based on this range to keep the main tone of high-altitude, low-multiple cycle participation.I will remind you of the unique operation plan during the session, so please pay attention at the appropriate time.
Gold Operation Strategy:
Gold falls back to 2800 - 2805 and remains long. Revert to 2780 - 2785 and cover the position. Stop loss 2768, objective 2728 - 2830; continue holding if it breaks!
XAUUSD(GOLD): Waiting for bullish setupXAUUSD(GOLD): Waiting for bullish setup. Waiting to take the inducement and fill the FVG for a bullish setup to form.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Another great day on the charts with our 4h chart also playing out to perfection!!!
Yesterday we completed our 1H chart idea and today we update our 4H chart ideas from Sunday.
We started the week with our bearish target hit at 2772 for a perfect touch with no lock confirming the rejection ad bounce into hitting our Bullish target at 2800. We then got our next target at 2826 followed with a cross and lock opening 2852, which was hit perfectly and then finally we got ema5 lock above 2852 opening 2875, which was hit today completing this target.
This is pure level to level perfection with plenty of confirmation in advance to get in for the action. We will now look for a lock above 2875 for a continuation or failure to lock above will see lower Goldlturns tested for support.
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
2800 - DONE
EMA5 CROSS AND LOCK ABOVE 2800 WILL OPEN THE FOLLOWING BULLISH TARGET
2826 - DONE
EMA5 CROSS AND LOCK ABOVE 2826 WILL OPEN THE FOLLOWING BULLISH TARGET
2852 - DONE
EMA5 CROSS AND LOCK ABOVE 2852 WILL OPEN THE FOLLOWING BULLISH TARGET
2875 - DONE
EMA5 CROSS AND LOCK ABOVE 2875 WILL OPEN THE FOLLOWING BULLISH TARGET
2898 -
BEARISH TARGETS
2772 - DONE
EMA5 CROSS AND LOCK BELOW 2772 WILL OPEN THE RETRACEMENT RANGE
2744 - 2712
EMA5 CROSS AND LOCK BELOW 2712 WILL OPEN THE SWING RANGE
SWING RANGE
2685 - 2655
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
Oil Long - Capitulate First, Rise LaterMajority is long so give your SL some space while waiting for moon.
GOLD Long From Rising Support!
HI,Traders !
GOLD is still trading in an upward direction
in an ascending price channel and the price
has hit a possible upper channel limit
A correction to the lower channel limit
that formed with horizontal support at 2789.06
a price cluster from which we expect an
upward rebound to form a new peak !
Comment and subscribe to help us grow !
SPY/QQQ Plan Your Trade For 2-5-25: Rally PatternFor some reason, the first video I created did now complete the UPLOAD to Tradingview. Don't know why.
I waited more than 60 minutes for it to upload, then gave up, saved it, and uploaded it to another location so you could access it. Check my profit for more info.
This is a short video highlighting why I believe the markets will rally a bit in early trading and then roll over into a strong downward trend through the end of this week.
Gold and Silver should continue to try to rally higher.
Bitcoin is about to break downward - targeting 80-85k
That is the short update today.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold Futures Hit Record High; Key Levels for Next MoveGold Futures Hit Record for Fifth Consecutive Session on Safe-Haven Demand
Gold futures surged to a fresh all-time high (ATH) for the fifth consecutive session amid ongoing geopolitical uncertainty.
Gold Technical Analysis
The price recorded a new ATH at 2877 per ounce and continues to maintain bullish momentum, as we highlighted yesterday from 2833.
Today, a potential retest of 2857 is possible before another upward push. However, if 2857 is broken, the price may decline further toward 2839.
On the other hand, if a 4-hour candle closes above 2870, the price is likely to rise toward 2895 and 2918.
Key Levels
Pivot Point: 2870
Resistance Levels: 2895, 2918, 2937
Support Levels: 2854, 2839, 2823
Trend Outlook
Bullish above 2870
Movement Range: 2870 – 2839
Bearish if the price breaks below 2855
previous idea:
Decent pullback Google looks opportunistic hereGoogle traded higher into earnings only to have a decent pullback afterhours. Its trading into support which in my opinion is a decent buying opportunity. AMD also sold off below 110 and has finally reached a measured move from the start of its sell off last summer.
GOLD BEARISH PROJECTIONGold remains in a strong bullish trend, driven by escalating geopolitical tensions. We've seen multiple all-time highs forming as bullish momentum continues. Despite this, the stock market remains resilient at its highs, indicating that investors are not yet aggressively seeking safe-haven assets.
Currently, I’m focusing on the symmetrical triangle and the bullish channel that has formed. Given the price action, a pullback or retracement is likely, especially as the price tests the upper boundary of the channel. A strong rally followed the bullish breakout from the triangle, suggesting that this short-term surge may be reaching its conclusion. I anticipate a pullback to the 38%-50% Fibonacci retracement levels, as indicated on my chart. These levels align with the lower boundary of the channel, which has served as a key support line throughout the recent bullish trend.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading poi nt update you on New technical analysis setup list time post signals 🚀 Hit sucksfully My target 🎯 point 2877 Now ✅ update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 🚀 today us session. More bullish on Gold take a New ATH 2904 I'm long Now 2869 + 2904 Good luck 💯🤞
Key Resistance level 2880 + 2904
Key Support level 2866 - 2854 - 2845
Mr SMC Trading point
Plaes support boost 🚀 analysis follow)
The monthly chart of XAU/USD (Gold Spot) reveals a long-termThis is a monthly chart of XAU/USD (Gold Spot), displaying a long-term ascending channel.
Key Observations: 1. Price is at the channel's upper boundary, around $2,874.
2. Potential resistance at around $3,202, indicated by an upward arrow.
3. Previous price activity indicates respect for channel boundaries**, implying that a pullback from resistance is possible.
4. Support zones** range from $2,767 to $2,861, with a substantial lower trendline support between $2,099 to $1,911.
Possible scenarios: - If trend continues, gold may reach $3,200 before correction.
- A rejection from the upper channel might result in a retracement to $2,767-$2,861.
Breakout above $3,200 may indicate a strong bullish trend.
GOLD: Bearish Forecast & Outlook
The price of GOLD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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Gold Breaks Records Above $2,850Gold surged past $2,850 per ounce, hitting a record high as investors turned to reliable long-term assets with fears that the US-China trade war could slow global growth. While President Trump delayed tariffs on Mexico and Canada, he imposed a 10% duty on Chinese imports, prompting Beijing to announce retaliatory tariffs on US energy products effective next week.
Adding to the uncertainty, Trump suggested US control over the Gaza Strip for reconstruction. Meanwhile, interest rate futures signaled rising expectations for two Fed rate cuts this year, a sharp shift from last month’s outlook. Weaker-than-expected job openings in the JOLTS report and a six-month low in factory orders reinforced this sentiment.
Technically, resistance levels stand at 2879, 2917, and 2950. Support is at 2830, followed by 2790 and 2760.
GOLD Will Go Higher From Support! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2,869.381.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,897.141 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GOLD TRADING UPDATE > READ THE CHTAPIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold still holding it up rising Gold 🪙 today take again 💪 new ATH 2845 I will see again for New ATH 2880 ) Gold Traders SMC-Trading Point update technical patterns b. SMC ) Gold recovery samll trade Short 😀 2830 - 2817 that is good support level of buying zone ☺️ 🥂 good luck 🤞
Key Resistance level 2845 + 2880
Key Support level 2830 - 2817 - 2772
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
GOLD - Prise will correct and then continue grow to $2830 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where it soon reached support area and then made a correction.
Then price bounced from support line and soon rose to $2730 level, broke it, and continued to move up.
Price made a small correction and soon rose to resistance line of channel and exited from this pattern.
After this, price started to trades in between resistance line and with support line and at once fell to support line.
Next, Gold in a short time rose to $2785 level and broke it, after which corrected and now continues to grow.
So, in my mind, XAU can correct to support level and then continue to move up to $2830 resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
monthly chart of XAU/USD (Gold Spot) showing a long-term This is a monthly chart of XAU/USD (Gold Spot) showing a long-term ascending channel.
Key Observations:
1. Price is near the upper boundary of the channel, around $2,874
2. Potential resistance at approximately $3,202, marked with an upward arrow.
3. Previous price action shows respect for channel boundaries**, meaning a pullback from resistance is possible.
4. Support zones** lie around $2,767–$2,861, while a major lower trendline support is near $2,099–$1,911.
Possible Scenarios:
- If momentum continues, gold may test $3,200 before seeing a correction.
- A rejection from the upper channel could trigger a retracement towards $2,767–$2,861.
- Breakout above $3,200 could signal a strong bullish continuation.
