Gold
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the charts today with our analysis playing out perfectly inline with our plans.
After completing 2717 and 2737 bullish targets yesterday, we stated that we will now look for ema5 to lock above 2737 for a continuation into 2753. We got the lock confirmation giving us plenty of time to get in for the action and then BOOOOM!!! 2753 was hit completing this target.
We now have a break above 2753 leaving 2768 open. However, we will not chase this from the top due to potential corrections and as always safer for us to buy from dips using our Goldturn support levels.
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
Gold : Bullish Outlook with Potential Correction Below 2757Gold Technical Analysis
The price has perfectly reached our target of 2757, as mentioned previously.
As long as the price trades above 2757, the bullish trend is expected to continue toward 2773 and then 2787 (ATH).
A 4-hour candle close below 2757 would indicate a potential bearish correction toward 2739.
Key Levels:
Pivot Point: 2757
Resistance Levels: 2773, 2787 (ATH)
Support Levels: 2747, 2739, 2722
Trend Outlook:
Bullish Trend while above 2757
Bearish Trend if a 4-hour candle closes below 2757
previous idea:
Ascending Channel at Risk: Gold's Next Move!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,743-$2,700) , near the Upper line of the Ascending Channel and near the Important Resistance lines .
According to the theory of Elliott waves , Gold seems to have succeeded in completing microwave 5 of microwave c of the main wave Y . If the Uptrend lines break , we can confirm the end of wave 5 .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks (Clear RD- in all indicators ).
I expect Gold to drop at least $2,710 in the coming hours after the breaking of the Uptrend lines . The next target can be $2,701 , and if the lower line of the ascending channel breaks , we can hope for the breaking of the Support zone($2,697-$2,689) .
If you want to see my analysis on the 4-hour time frame , take a look at the post I published on January 16, 2025 .
Note: If Gold goes above $2,750, we should expect more Gold increase and a new All-Time High (ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPY/QQQ Plan Your Trade For 1-22-25: BreakAway PatternToday's BreakAway pattern suggests the markets will attempt to move aggressively away from yesterday's closing price level. I do believe the markets are over-extended to the upside. Which is why I continue to warn traders that we may be nearing a top/peak price level and to prepare for a rollover type of top in the SPY/QQQ.
My broad cycle patterns suggested the markets would top near Jan 20-21. I believe we are seeing a type of carryover momentum move to the upside as a result of optimism related to the Inauguration.
Now that the Inauguration is complete, I believe the markets will start to "resettle" into reality.
The SPY/QQQ should move into a rolling type of top pattern over the next 3-5+ days, then trend downward into my Feb 9-11 DEEP-V Base/Bottom.
Gold and Silver are likely to move higher in an attempt to hedge against global risks and uncertainty.
BTCUSD is moving through the current EPP pattern as the flagging breaks down. This should prompt a move back to the 92k level, then a brief pause before trending further downward.
Remember, the markets are likely to stall out through H1:2025. Get ready for volatile price swings before we move back into trending near the end of 2025.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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.
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been monitoring and trading, offering a detailed overview of the current range.
On the weekly timeframe, a strong resistance level is identified at 2790, which could trigger a reversal. As of now, we recommend holding off on trades since the price could reverse at any moment. Let’s wait for the NY session and keep our positions light.
To streamline your trades, we’ve outlined ENTRY LEVELS and TAKE PROFIT (TP) targets (TP1, TP2, TP3) based on the EMA5. The EMA5 crossing and sustaining above these weighted levels will determine subsequent targets.
Key Update:
ENTRY LEVEL: 2735
If a candle closes above this level and the EMA5 crosses it for confirmation, we will consider bullish entries.
First Target (TP1): 2877
To achieve the second target (TP2: 3018), wait for the EMA5 to close and lock above 2877.
Use the same strategy to target TP3: 3160
Rejection Scenario:
For ranging markets, focus on smaller timeframes (15M, 1H, 4H, 12H, Daily) to buy dips from weighted levels.
Target 120–140 pip moves, which are effective in these conditions while minimizing the risks associated with longer-term positions.
Dip-Buying Strategy:
Continue buying dips at support levels, aiming for 120 - 140 pips per trade.
Each level structure typically provides 60 - 80 pip bounces, making it ideal for accurate entries and exits.
Keep an eye on the EMA5 crossing and locking above or below the ENTRY LEVEL to confirm the next directional range.
Stay sharp and trade smart!
TheQuantumTraders
Learn High Impact Fundamental News in GOLD XAUUSD Trading
Before you open any trade on Gold, always check the economic calendar first.
In this article, you will learn the best free economic calendar and high impact fundamental news that can influence Gold prices.
I will teach the important actions to take and a trading strategy to follow both before and after news releases to improve your Gold trading strategy.
Free Economic Calendar
The economic calendar that I use for Gold trading is on Tradingview.
The news that influence Gold prices are high impact US news.
To display only such news, you should set the filters .
You should click "Only High Importance" and in the list of countries choose only the United States.
All 3 star US news may influence Gold prices dramatically.
Real Impact
In Gold trading, the release of high impact fundamental news is one of the major causes of trading positions being closed in a loss . Because such news may make the market completely irrational, increasing the volatility.
Look how strongly Gold prices dropped, immediately after US personal spending news were posted.
Remember, though, that there is no guarantee that Gold will react to this news. Quite often, the market will not be affected at all.
The release of US GDP did not influence Gold at all and the market continued consolidating.
Beware of False Signals
In order to protect your trading account from unexpected losses,
I recommend not opening any trading position 3 hours ahead of the news.
Usually, during that period, the markets start slowing down , preparing for the news.
Most of the breakouts, signals that you will see in such a period will be false .
3 hours before the US Durable Orders fundamental news, Gold broke and closed below a key daily horizontal support. From a technical analysis standpoint, it was a strong bearish signal.
However, that signal was false, and the price went up rapidly after the news.
Safest Strategy
If you have an active trade, 10 minutes ahead of the release of the fundamentals, protect your position.
Simply take a stop loss and move it to entry level.
If the price rapidly reverses after a news release, you will close the position with a 0 loss.
Here is a long trade on Gold that we took with my trading academy members.
10 minutes ahead of US unemployment data, we moved stop loss to entry level.
Fundamental news made the market bearish, and the price went down.
Our decision to protect a trading position helped us to avoid losses.
Alternatively, you can close your active trade 10 minutes ahead of the news.
Be Patient
After the release of the news, I suggest waiting for the close of an hourly candle before you take any trade.
With the first hourly candle close after the news, you will see how the market participants price in its impact, letting you make a better decision.
That is how Gold reacted to US Inflation data. Any trade should be opened at least after the hourly candle close to let the market price in its real effect.
These 3 simple rules will help you to cut losses cause by the fundamental news.
Integrate them in your trading strategy to increase your profits.
Never forget to monitor the economic calendar and good luck in your trading.
❤️Please, support my work with like, thank you!❤️
Gold prices continue to increase from the level 2675OANDA:XAUUSD continuing the uptrend in local and medium-term timeframes. The price is once again testing strong resistance levels on the H4 chart, with prospects for a breakout toward the 2700–2750 range.
The US Dollar remains near weekly lows, touched after weaker-than-expected US PPI data on Tuesday, providing key support for the market, including gold. Attention now shifts to the upcoming CPI report, a critical release that could reshape market expectations for Fed rate cuts this year. A stronger-than-expected CPI could increase pressure on gold, while a weaker report would bolster buying momentum. Additionally, the Fed’s hawkish stance is supported by the premise that Trump, beginning his second term next week, may drive inflation higher with protectionist policies.
From a technical perspective, significant volume lies ahead, which could trigger a minor pullback toward support before the uptrend resumes.
Key short-term levels to watch:
Support: 2678, 2670
Resistance: 2690, 2697
However, in both the short and medium term, everything hinges on the upcoming scheduled news. Stay focused on these critical levels, traders!
Best regards, Bentradegold!
GOLD Will Fall! Sell!
Please, check our technical outlook for GOLD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2,750.653.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,660.281 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Gold- One step closer to new ATHYesterday, following a minor dip earlier in the day, Gold decisively broke above the 2720 resistance level and established a local high near the 2760 confluence resistance, formed by the horizontal level and the channel's resistance.
Currently, the price is undergoing a normal correction, which could provide traders with another opportunity to enter the market at more favorable levels.
The support zone begins around 2735 and extends to 2720, making this area an ideal spot for opening long trades.
In conclusion, the strategy remains unchanged: buying dips .
Gold update: Bulls remain in control!Hello everyone! Let’s dive into today’s gold price analysis.
Currently, spot gold is trading at $2,750 per ounce, marking an impressive increase of $53 from its intraday low of $2,697 during last night’s session.
The rise in gold prices is primarily a direct result of a weakening U.S. dollar. Investors, including myself, are flocking to gold as a safe-haven asset amid rising uncertainties. Adding to this momentum is the looming threat of tariffs from President Donald Trump. His hints at imposing new tariffs on Canadian and Mexican goods, possibly as early as February 1, have sparked widespread concerns.
In my view, these tariff threats are closely tied to inflation fears. Should Trump’s policies drive inflation higher, the Federal Reserve may be compelled to maintain elevated interest rates to manage price pressures. This scenario would further support gold’s price trajectory, making it a critical asset to watch in the coming trading sessions.
On the technical front, as highlighted on the 1-hour chart, gold has successfully broken above the major resistance level of the ascending wedge channel. The price is currently consolidating above this boundary, with support from the EMA 34 and EMA 89, making a buy strategy more attractive than ever.
Gold may experience a minor pullback or consolidation from the psychological level of $2,750, possibly testing the key 0.618 Fibonacci retracement level, before resuming its upward trend. However, a decisive break above $2,750 would signal that the metal is primed for its next rally.
Happy trading, and may your profits soar!
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2,721.250 area.
✅LIKE AND COMMENT MY IDEAS✅
Hellena | GOLD (4H): SHORT to 50% Fibo lvl 2655.Colleagues, I believe that wave “3” of the higher order is developing quite actively, but I expect a correction in wave “2” of the middle order.
I believe that the price will reach the area of 50% Fibonacci level 2655 or earlier. We should be careful, because the price may stop at the 38.2% Fibonacci level. Around this area I should set trades to breakeven.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GOLD Continues Higher as Economic Policies Uncertainty As you can see in the chart, GOLD still climbs higher and higher. Now, i see 2753-2757 as resistance for safe haven commodities. I think gold price now just overbought and have some potential correction movement to 2732.xx
Traders and investor may look at the end of January when the FED give speeches about their outlook. If the say they wouldn't cut interest rate in next few month the gold price probably could fall down due to FED's high interest rate.
XAUUSD H4 | Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 2,757.98, which aligns with a strong resistance level and the 127.2% Fibonacci extension. This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 2,727.65, a key support level where price may find buying interest.
The stop loss is placed at 2,788.49, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid.
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Approaching 2,750 USD, the prospect of a new bull cycleInfluenced by Trump's tariff threats, investors flocked to the safe-haven asset gold. Gold prices soared to their highest level in more than two months. As of the time of writing, spot gold was trading at 2,749 USD/oz, an increase equivalent to 0.17% on the day and close to the target level of 2,750 USD.
US President Trump said he is considering imposing 25% tariffs on Mexico and Canada: "I think we will do this on February 1."
According to Reuters, Trump confirmed that general tariffs on all US imports are also being considered and will be implemented at a later stage. During Trump's election campaign, he proposed a "comprehensive tariff" of 10% to 20% on all imported goods.
Trump also threatened to impose tariffs on the continent soon, saying he would "resolve the deficit with the EU by imposing tariffs or asking the EU to buy our oil and gas".
Trump's sweeping trade tariffs are expected to spur further inflation and spark a trade war, which could increase gold's safe-haven appeal.
Looking back at history in 2017, the first year of Trump's final term in the White House, gold prices rose 13%, marking the best year in seven years.
In addition, the US Dollar index fell sharply from its peak on Tuesday and only recovered slightly at the beginning of today's Asian trading session Wednesday, January 22 which is also considered a favorable condition for prices. Yellow.
In the Middle East, the ceasefire agreement between Israel and Hamas stalled when Israeli forces began operations in the West Bank city of Jenin. In response, Hamas called for an escalation of fighting against Israel.
Gold is considered a safe investment in times of economic and geopolitical instability, and this Middle East factor is also seen as a supportive factor for gold prices in the current context.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold achieved a target gain at $2,730 then broke out and approached the next target loss at $2,750.
In the short term, if gold continues to break above $2,750 it is likely to continue its uptrend with a target that could be an all-time high.
In terms of conditions, gold still has the main prospect of rising prices with the green price channel as the main trend, main support from EMA21 and the Relative Strength Index RSI showing that there is still wide room for growth in the market. front.
During the day, as long as gold remains above the green price channel, it remains bullish with expectations for a new bull run once $2,750 is broken and notable levels will be listed again as follows.
Support: 2,730 – 2,725USD
Resistance: 2,750 – 2,790USD
SELL XAUUSD PRICE 2773 - 2771⚡️
↠↠ Stoploss 2777
→Take Profit 1 2766
↨
→Take Profit 2 2761
BUY XAUUSD PRICE 2708 - 2710⚡️
↠↠ Stoploss 2704
→Take Profit 1 2715
↨
→Take Profit 2 2720
Gold hits key resistanceMarkets are focused on the policies of US President Donald Trump, who took office on Monday. Bloomberg reported: “Trump’s policies have caused volatility in markets, traders are heeding warnings about currencies...
Trump announced plans to impose tariffs of up to 25% on products imported from Mexico and Canada by February 1. He also promised to accelerate US energy development and lift restrictions on oil drilling in most of the US coast.
Asian and European stock markets traded mixed overnight. US stock indexes are expected to open higher and hit two-week highs when trading in New York begins.
In key overseas markets, Nymex crude oil futures fell sharply, trading around $76.00 a barrel. The yield on the benchmark 10-year US Treasury note is currently at 4.582%. There is no major US economic data due on Tuesday.
Technically, the February gold futures are tilted to the upside, giving the short-term bulls an advantage. The buyers’ objective is to push the price above the key resistance at the December high of $2,761.30. Conversely, the sellers want to push the price below the strong support at $2,650.00.