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
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 $2,800 seem within reach! Stay tuned for updates, and don't forget to support this analysis with your reactions to keep the momentum going.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
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XAUUSD ( GOLD ) TODAY'S CHART MAPPING IN 30M TFWelcome To Another Day Of TRADING Guys
As you know Xauusd is already at higher position and it's still in buying zone
Probably Xauusd make again 2790 so here is set-up for today
Support level 2770
2nd Support level 2762/59
Target well be. 2789
Let me know your thoughts in the comments section have a good trade guy's
DeGRAM | GOLD is holding above the trend lineGOLD is in an ascending channel above the trend lines.
The chart maintains an ascending structure.
We still expect the price to reach the resistance level soon.
-------------------
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Gold Approaching Major Resistance – Will It Drop to 2,736$?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.
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.
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
World gold price todayIn the international market, at 6:00 a.m. on January 24, the world spot gold price was $2,753/ounce, down $7 from the highest price in the overnight trading session of $2,760/ounce. However, the gold price later rose to a new high, around $2,770/ounce, up nearly $20/ounce compared to today.
According to Jim Wyckoff, senior analyst at Kitco Metals, recent better economic data from the US suggests that the Fed may have to delay cutting interest rates longer and the higher interest rate environment increases the opportunity cost of holding Lis gold.
This expert commented that in the US stock market, stock investors are trading very strongly, so gold is less interested.
Another factor that investors are paying attention to is that President Trump announced that he would impose tariffs on goods from the European Union and is considering applying a 10% tax on Chinese imports from February 1.
However, if these policies are considered to be inflationary, causing the Fed to maintain high interest rates for a long time, the attractiveness of gold as an inflation hedge may decrease.
XAUUSD/GOLDGold is in an uptrend. The price has a chance to make a new high. It may test the 2818-2823 level. If the price cannot break through 2823, it is expected that the price will have a chance to go down. Consider selling in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
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XAUUSD H4 I Bearish FallBased on the H4 chart, the price is approaching our sell entry level at 2,775.66, which aligns with a strong resistance level and the 161.8% Fibonacci extension and thr 61.8% FIvonacci projection. This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 2,747.22, an overlap support level where price may find buying interest.
The stop loss is placed at 2,793.34, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid
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GOLD ROUTE MAP UPDATEDear Traders,
Please see the circle golden color where exactly EMA5 crossing as per our analysis.
We shared 1H time frame 2 days before as per below and all targets being achieved.
BULLISH TARGET
2765
EMA5 CROSS AND LOCK ABOVE 2724 WILL OPEN THE FOLLOWING BULLISH TARGET
2738 DONE
EMA5 CROSS AND LOCK ABOVE 2738 WILL OPEN THE FOLLOWING BULLISH TARGET
2751 DONE
EMA5 CROSS AND LOCK ABOVE 2751 WILL OPEN THE FOLLOWING BULLISH TARGET
2763 DONE
And now wait and watch
EMA5 CROSS AND LOCK ABOVE 2751 WILL OPEN THE FOLLOWING BULLISH TARGET 2765 will be achieved for the second time.
The price fluctuated between 2751.77 and 2763.350, but quickly dropped after the EMA5 crossed below and stayed under TP2 at 2751.77. This suggests a short bearish trend with a potential move down to 2737.500.
The H1 MA21 has been touched, and the EMA5 has crossed below MA21 which caused short bearish momentum.
GOLD climbs up after Trump Speech last night?GOLD sees last All Time High as Trump speech last night. He said that inflation must be in cooling condition. Now the sentiments are positives for this non-yielding assets and buyers still in control. Next big moment that traders should care is FOMC in the end of January. If FED still hold it's decision in last FOMC and keep high rates, GOLD price could be pressed and turn back to downtrend.
Technically, GOLD already break it's last swing high in H4 timeframe and now see 2780-2782 as the resistance based on fibonacci external retracement. If GOLD still climbs up, it will be go to the ATH before correction back to around 2720-2750.
Just insight, trade wisely and don't forget to set stop loss.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed higher, supported by the 3-day moving average on the daily chart. After a recent surge, it has reached the upper Bollinger Band, with both the MACD and signal line crossing above the zero line, confirming a buy signal. However, due to the sharp rally, there is potential for a pullback today. If the price retraces to the 5-day moving average, it could consolidate within a range, allowing moving averages to converge.
Should the NASDAQ fall further, the key question is whether it will fill the gap near 21700. If the gap remains unfilled and the price breaks higher, the daily buy signal would stay intact, potentially accelerating bullish momentum.
On the 240-minute chart, the sell signal remains active despite a rebound. Selling at higher levels is preferable, while watching if the MACD avoids falling below the zero line and instead forms a golden cross with the signal line. Focus on dip-buying and selling at resistance, keeping the potential for a pullback to the 5-day moving average in mind.
CRUDE OIL
Crude oil closed lower, falling below the $75 level. It ended near the midpoint of the large bullish candle from January 10 ($74.66) after further downside pressure. This week’s decline reflects President Trump’s push to lower oil prices.
Currently, crude is near the 20-day moving average and within the $74–$75 support zone, which aligns with the weekly 5-day moving average. This area is suitable for swing trading and dip-buying strategies.
On the daily chart, the MACD has crossed below the signal line, creating a short-term sell signal. However, the significant divergence from the zero line suggests that crude may consolidate with bullish candles before attempting another upward move.
On the 240-minute chart, the MACD has not yet formed a golden cross with the signal line, but selling pressure has weakened significantly. If a golden cross occurs, a strong rebound could follow. Avoid chasing shorts and focus on buying dips at key levels.
GOLD
Gold rebounded from key support levels, closing flat with a lower wick on the daily candle. The daily chart shows that bullish momentum remains strong, making dip-buying at major support levels the preferred strategy.
Gold touched the upper Bollinger Band on the weekly chart before pulling back, indicating that a clear trend may not emerge until next week.
On the 240-minute chart, a sell signal formed at the recent high, with the MACD divergence leading to a sharp decline. While the price is recovering, the sell signal remains active, increasing the likelihood of another pullback.
Gold appears to be consolidating within a range, building energy for the next leg higher. Today, focus on box-range trading with selling at resistance and buying at support. Be mindful of major economic data releases before the main session, and manage risks carefully. Best of luck with your trades, and have a successful end to the week!
■Trading Strategies for Today
NASDAQ - Bullish Market
-Buy: 21980 / 21910 / 21870 / 21790 / 21720
-Sell: 22040 / 22075 / 22110
Crude Oil - Range-bound Market
-Buy: 74.10 / 73.40 / 73.00 / 72.40
-Sell: 75.10 / 75.70 / 76.20 / 76.75 / 77.10
Gold - Bullish Market
-Buy: 2750 / 2743 / 2737 / 2731
-Sell: 2770 / 2774 / 2779 / 2785
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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Gold - 15 min ( Gentle Buy and Sell Scalping After Break Out )In the analysis of gold trading via FXCM, it is imperative to recognize the critical breakout levels on the 15-minute timeframe. A bullish outlook is suggested upon the successful breach of the key level around the 2763 area, accompanied by high trading volume. Conversely, a bearish sentiment may be warranted if the price breaks below the crucial level of 2750.50, also supported by significant volume. This approach focuses on delivering the most precise trading opportunities and analyses, emphasizing quality over quantity in our assessments.
⚡️Gold / FXCM
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 2763 Area
🚨Bearish After Break Out key level + High Volume / 2750.50 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
XAUUSD Still a great multi year investment. Why it can reach $40Gold / XAUUSD recovered the November-December 2024 correction and resumed the long term bullish trend.
On this 1W chart, it is evident that the yellow metal is incredibly bullish after crossing over the top of the multi year Cup pattern in March 2024.
This Cup started on the 2011 High (All Time High then) and was practically the Bear Cycle after the golden multi year rally that followed Gold's ETF lauch in the early 2000s.
Right now we have started Gold's new Bull Cycle and with the 1week MA50 supporting, we expect another 5 years of growth.
Gold remains a sound long term investment, especially in a highly inflationary environment.
If you are a long term investor, buy and hold until $4000.
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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!
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our update form yesterday playing out, as stated.
We completed 2717, 2737 and 2753 with cross and lock confirmation giving us plenty of time to get in for the action all week. 2768 was open yesterday but we stated that we will not chase this now, as a correction is due and we will use our lower Goldturn for support instead inline with our plans to buy dips.
- This played out perfectly, as the gap remained open and we got the correction into the lower Goldturn 2737 for the perfect bounce and reaction with price now heading back up like we analysed.
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
2717 - DONE
EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET
2737 - DONE
EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET
2753 - DONE
EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2768
EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET
2786
BEARISH TARGETS
2696 - DONE
EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET
2675
EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2661 - 2647
EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE
SWING RANGE
2632 - 2618
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