Gold price analysis February 7⭐️Fundamental Analysis
Gold prices maintained a slight upward trend in today's European trading session, hovering near the all-time high reached earlier. Safe-haven demand for gold continued to increase due to concerns about US-China trade tensions and the negative impact of the Trump administration's hawkish policies.
Meanwhile, the USD struggled as the market bet that the Fed would cut interest rates twice this year. US Treasury yields plunged, further strengthening the appeal of non-yielding gold. Investors are now focused on the US NFP employment report to determine the next trend of the market.
⭐️Technical Analysis
Gold prices continue to head towards all-time highs. The 2873 area has attracted a lot of attention from sellers before the ATH. resistance zone above note around 2898. more predicted downtrend for gold specifically a sharp fall to 2811 or deeper to 2786. pay attention to noted resistance zones for best trading strategy.
Goldlong
Gold upward trend soonThe chart shows XAUUSD (Gold) in an upward trend within a channel. The price is currently at 2,861.250, and the next key resistance is at 2,900.592. Potential support levels are at 2,787.548 (Support 2) and 2,831.691 (Support 1). If the price retraces, it could test these support levels before moving higher. Watch for upward momentum toward the 2,900 level
GOLD 4H CHART ANAYLSIS / BULLISH OR BEARISH? READ CAPTION PLZ4H Gold Analysis – 7th Feb 2024
Dear Traders,
Today's market movement aligns with our strategy of buying dips. Here's a summary of key insights:
Previous Chart Review (5th Feb)
* Target 1 (2850.15) ✅ – Successfully hit
* Target 2 (2876.95) ✅ – Successfully hit
* Target 3 (2903.76) – Pending
Key Resistance Levels Activated: 2850, 2876
Goldturn Levels Hit: 2852, 2828
What is next for Gold? Bullish or Bearish?
* Price Action Expectation: Movement between Goldturn levels with EMA5 confirmation for trend direction.
* Strategy: Monitor EMA5 crosses for trade entries.
Bearish Case
* If EMA5 stays below 2850, expect a retest of Goldturn levels.
* Scenario 1: Below 2823, likely drop to 2803.
* Scenario 2: Below 2803, expect 2776.
* Scenario 3: Below 2776, target 2747 (major demand zone).
Bullish Case
* Scenario 1: Above 2852, target 2876 ✅ DONE
* Scenario 2: Above 2876, target 2903.
* Scenario 3: Above 2903, target 2925.85.
Trading Strategy
Short-Term:
Use 1H/4H timeframes for pullbacks at Goldturn levels.
Target 30-40 pips per trade for optimized risk management.
Long-Term:
Maintain a bullish bias, viewing pullbacks as buying opportunities.
Avoid chasing tops; buy dips from key levels for better trade positioning.
Trade with confidence and discipline. Stay updated with our daily insights to stay ahead.
Support us with likes, comments, boosts, and follows!
📉💰 The Quantum Trading Mastery
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
A PIPTATSIC finish to the week completing and smashing all our chart ideas across our multi time-frame analysis.
We finish off today with an update on our daily chart idea that we have been tracking for a while now, level to level, to the finishing line today!!
After completing all our targets with candle body close and/or ema5 lock confirmation, we were looking for a body close above 2797 to confirm a continuation into 2840.
- This was hit completing this chart idea for the perfect finish.
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Trap to Big Bullish The chart shows *XAU/USD (Gold)* trading at (2,886.375) with a potential upward move. The first target is at (2,884.162) and further gains could reach *2,842.120*. The *support level* is marked below, indicating a possible reversal if the price dips. The overall trend appears bullish with room for upward movement
Gold Buy (194pips)Dollar Index is losing value and institutions are increasing their longs. We could soon touch $3000, pay close attention to market structures for proper buy positions. This a only a trade idea, use demo account to place trades. Happy trading OANDA:XAUUSD CAPITALCOM:DXY ECONOMICS:USINTR
Gold Confirms Our Prediction and Central Banks Are Buying More Breaking: The latest U.S. private sector employment data just came in at 143K jobs, falling short of expectations! 📉 This negative reading is giving gold a strong boost!
💡 Why Is This a Golden Opportunity?
✅ Gold is set to rise, and central banks are increasing their purchases to protect their assets!
✅ Our predictions are spot on once again! This is a powerful signal to trust our expert recommendations.
✅ Don't just watch from the sidelines! Act now before gold surges even higher!
🚨 Every second counts… How many times have you seen the market move and thought, "I should have entered!"? 🚨
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Gold's Rally and Bitcoin's Dip: Decoding the SignalsIs Gold's Glitter a Warning Sign? Bitcoin-Gold Ratio Plummets as Physical Gold Demand Soars
Gold, the timeless safe-haven asset, has been experiencing a resurgence, raising eyebrows and sparking discussions about potential economic headwinds. Its recent outperformance, coupled with a dramatic drop in the Bitcoin-gold ratio and a surge in physical gold deliveries, suggests growing concerns about the global financial landscape. Are these developments harbingers of fiscal worries ahead?
Gold's Allure Returns
Gold's appeal as a store of value and hedge against uncertainty has been rekindled. While the yellow metal has historically played a crucial role in portfolios seeking diversification and stability, its recent performance has been particularly noteworthy. Gold prices have reached all-time highs, driven by a confluence of factors, including geopolitical tensions, inflationary pressures, and fears of economic slowdown.
One significant factor contributing to gold's rise is the escalating trade tensions between major economic powers. Past trade disputes, such as the tariff exchanges between the US and China, have historically fueled safe-haven demand, benefiting gold. The current geopolitical climate, marked by increasing uncertainty and potential for conflict, further strengthens this narrative.
Bitcoin-Gold Ratio Plummets: A Shift in Investor Sentiment?
The Bitcoin-gold ratio, a metric that compares the price of Bitcoin to that of gold, has recently plummeted to a 12-week low. This decline suggests a shift in investor sentiment, with many seemingly favoring the traditional safe haven of gold over the more volatile cryptocurrency. While Bitcoin has often been touted as "digital gold," its price volatility and perceived regulatory risks may be driving investors back to the established stability of physical gold. This shift could indicate a broader move away from riskier assets and towards more traditional safe havens.
Physical Gold Demand Soars: A Flight to Tangible Assets
Adding fuel to the gold fire is the dramatic increase in physical gold deliveries. Reports indicate a surge in gold shipments to the U.S., with traders actively loading the precious metal onto planes bound for American shores. Furthermore, major financial institutions are playing a significant role in this trend. Investment banking giant JPMorgan, for example, is reportedly planning to deliver a staggering $4 billion worth of gold to New York this month. This substantial demand for physical gold underscores a preference for tangible assets, potentially signaling a lack of confidence in the stability of financial markets or fiat currencies.
Global Gold Demand Hits Record High: India Sees Uptick
The global appetite for gold is not limited to the U.S. According to the World Gold Council, global gold demand has reached record highs in 2024. Even in price-sensitive markets like India, gold demand has seen a 5% uptick. This widespread increase in gold consumption further reinforces the narrative of a flight to safety and a growing unease about the global economic outlook.
Is Gold's Outperformance a Sign of Fiscal Worries Ahead?
The confluence of factors driving gold's resurgence – geopolitical uncertainty, trade tensions, declining Bitcoin-gold ratio, and soaring physical gold demand – raises the critical question: are these indicators of deeper fiscal worries on the horizon? While it's impossible to predict the future with certainty, the historical precedent suggests a strong correlation between periods of economic uncertainty and increased demand for gold.
Gold's role as a hedge against inflation and economic turmoil is well-established. When investors perceive heightened risks in the global economy, they often flock to gold as a safe haven, driving up its price. The current environment certainly exhibits many of the characteristics that have historically triggered such a flight to safety.
The Potential Implications
If the current gold rush is indeed a sign of growing fiscal concerns, the implications could be significant. Increased demand for gold could put further upward pressure on prices, potentially exacerbating inflationary pressures. Furthermore, a shift away from riskier assets could lead to increased volatility in financial markets and potentially trigger a broader economic downturn.
A Word of Caution
While the evidence suggests a potential link between gold's outperformance and fiscal worries, it's essential to exercise caution. Market dynamics are complex and influenced by a multitude of factors. Gold's price can be volatile, and past performance is not necessarily indicative of future results. It's crucial to avoid drawing hasty conclusions based solely on gold's price movements.
Conclusion
Gold's recent surge, coupled with the decline in the Bitcoin-gold ratio and the surge in physical gold deliveries, presents a compelling narrative. While it's too early to definitively declare a looming fiscal crisis, the confluence of factors driving gold's resurgence warrants close attention. Investors should carefully consider these developments and assess their potential impact on their portfolios. Whether gold's glitter is a mere reflection of market jitters or a harbinger of deeper economic troubles remains to be seen. However, the current trends certainly raise important questions about the health of the global economy and the potential for increased volatility in the near future.
which is the next stop of xauusd?Technical Perspective: Gold's Bullish Trend
Current Trend
Gold’s bullish trend remains intact, with strong price action maintaining upward momentum.
The precious metal has successfully breached the $2,850 level, signaling potential for a move toward $2,900.
Bullish Channel
Gold is trading within a well-defined bullish channel, which provides:
Strong Support: At $2,835.
Resistance Zone: Between $2,875 and $2,900.
Key Indicator:
As long as Gold holds above the $2,835 support level, the bullish momentum is expected to persist.
Anticipated Trading Range (Today)
Support: $2,835.
Resistance: $2,875.
The market is likely to continue testing these boundaries in the short term.
Potential Breakout
The technical setup suggests a high likelihood of breaking higher if additional external factors provide support, such as:
Weaker Economic Data: Signals from U.S. economic reports.
Dovish Fed Commentary: Hints at further interest rate cuts or accommodative monetary policy
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP UDPATEDWeekly GOLD Analysis – Quantum Trading Mastery
Hello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been diligently tracking and trading. Below is a comprehensive breakdown of the current range and key levels we’ve identified.
Recap of Last Week’s Analysis:
Last week, our predictions aligned perfectly with market movements:
* A strong resistance level at 2790 caused a short-term reversal near 2735.
* The FVG acted as dynamic support at 2735, sustaining the bullish momentum.
* The EMA5 crossed and locked above the key level at 2735, solidifying upward movement.
* As predicted, the resistance was broken, leading to a new all-time high of 2817.
Our analysis delivered precise predictions, allowing you to trade confidently and minimize risks.
What’s Next for GOLD This Week?
Key Level: 2735
Bullish Targets:
* TP1: 2877
* TP2: 3018
* TP3: 3160
Bearish Targets:
* 2735
* 2680
* 2595
This week, we have identified two critical GOLDTURN levels at 2735 and 2595. While we anticipate GOLD reaching TP1 at 2877, there may be short-term reversals around these key levels and GOLDTURN zones.
Recommendations:
To better understand the support structure and identify optimal dip-buying opportunities, review our smaller time-frame analyses (daily, 12H, 4H, and 1H). These insights will help you navigate the market with precision, keeping long-term gaps in perspective.
We’ll continue to provide daily updates and insights to keep you informed.
Thank you for your continued support! Don’t forget to like, comment, and share this post to help others benefit as well.
The Quantum Trading Mastery
GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEK Dear Traders,
Here is our 12H chart analysis and target update:
Previous Chart Review:
Outcome:
✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted.
TP1 2745 - DONE
TP2 2786 - DONE
TP3 2826 - DONE
Market Overview:
* ENTRY LEVEL: 2814
* Target TP1 successfully hit already at 2858
* GOLD is trading at an ATH of 2858, oscillating between the weighted level with a gap above 2858 and a gap below the 2814 Entry Level.
* FVG are offering strong support in this range.
Resistance Levels:
2858, 2903, 2948
Key Support: 2618
Support Levels (blue GOLDTURN Levels are activated):
2813 (Critical Weighted Level)
2770 (Critical Weighted Level)
2710 (Critical Weighted Level)
2664 (Major Support Level)
2618 (Lower Major Demand Zone)
EMA5 (Red Line):
* Currently below TP1 (2858), indicating sustained bullish momentum.
* EMA5’s behavior will be pivotal in determining the next price action trajectory.
Recommendations
* Focus on EMA5 Behavior for further confirmation
Bearish Case:
* If EMA5 holds below TP1 (2858) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels.
* Scenario 1: If EMA5 crosses and locks below Entry 2813, expect further bearish movement toward GOLDTURN 2770.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2770, anticipate another decline toward the major support at GOLDTURN 2710.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2710, anticipate another decline toward the major support at GOLDTURN 2664.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2664, anticipate another decline toward the major support at GOLDTURN 2618.
Bullish Case:
Scenario 1: If EMA5 crosses and locks above TP1 (2858), the next bullish target is 2903.
Scenario 2: If EMA5 crosses and locks above TP2 (2903), the subsequent bullish target will be 2948.
Short-Term:
* Possible Reversal at the weighted GOLDTURN levels
* Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels.
* Target 30–40 pips per trade, focusing on shorter positions in this range-bound market.
* Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management
Long-Term Outlook:
* Maintain a bullish bias, viewing pullbacks as buying opportunities.
* Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops.
Final Thoughts:
Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game.
Please support us by likes, comments, boosts and following our channel.
Best regards,
📉💰 The Quantum Trading Mastery
Platinum Verging on Historic Breakout PL1!Bullish divergence in on-balance volume along with sustained price-suppression have put platinum on breakout watch as we see strength in so many other commodities.
Notably, volume has expanded meaningfully in the platinum futures market, and tariff tantrums may be the nail in the coffin as far as keeping a lid on price..
Bullish Trading Setup on XAU/USDGold looks to poised for more gains, might run into some resistance around $2784-$2790 but overall since bullish trend line support seems to be intact for now. We will look for a breakout and targets around $2812 & $2868. Risk to reward on this is 1:2.
Entry: $2756.00
Stops: $2700.00
Targets: $2812 & $2868
Follow me for more trading setups & opportunities.
Note: Financial Markets carry a great risk. Manage your positions wisely. This isn't trading advice. The setups I post are my own perspectives and how I view the markets after personal analysis of market structures and price action.
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!
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 !
Gold is looking for $3000 All time HIGH Gold has sparked and reached all time-high and became a haven commodity again. It is still holding a very strong Bullish momentum which means more high records coming up soon.
After XAUUSD rejected 2,775 level, it went all the way to break a very strong level which is the monthly level of 2,842 and maintained there for a short time before launching again reaching a new high 2,872.
What i am seeing is that Gold will retrace to monthly level 2,842 and get more momentum and then expolde to reach the $3000 level.
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)
Gold XAUUSD Possible Move 05.02.2025Analysis of XAU/USD (Gold) Price Action
Market Overview
The Gold shows a bullish trend in gold prices with a recent upward move.
Key levels of interest have been marked for potential buy opportunities.
The price action suggests a retracement is expected before a continuation to the upside.
Key Levels
First Buy Zone: $2,843 - $2,845
A minor retracement into this zone could present a buying opportunity.
If price reacts strongly at this level, it could continue upward.
Second Buy Zone: $2,830 - $2,833
This is a deeper retracement zone, aligning with a strong support area.
If price fails to hold at the first buy zone, this becomes the next high-probability entry.
Resistance/Take Profit Targets:
First target near $2,859 - $2,865 (recent highs).
Trading Plan
Scenario 1: Buy from $2,843 - $2,845
Entry: $2,843 - $2,845
Stop Loss: Below $2,837
Take Profit: $2,859 - $2,865
Risk-Reward Ratio: ~1:2 or better
Scenario 2: Buy from $2,830 - $2,833
Entry: $2,830 - $2,833
Stop Loss: Below $2,822
Take Profit: $2,850 - $2,859
Risk-Reward Ratio: ~1:3
Conclusion
The overall bias remains bullish, looking at Trumps press talk yesterday.
The strategy involves waiting for pullbacks to key demand zones before entering long positions.
Price action near these levels should be monitored for confirmation signals (e.g., bullish rejection candles).
Please like, follow and share.
Gold:Continues Bullish Trend with Potential Pullback Before Nexthello guys!
Upward Movement: The price has been moving upward since the start of the period, breaking several resistance levels along the way. The price recently shot up after forming a consolidation pattern, which suggests bullish sentiment. The momentum is strong, but there is a small pullback that might occur soon.
Current Trend: The chart indicates an upward channel, marked by the blue dotted lines, suggesting that the price may continue to move higher as long as it respects the upward trajectory. However, the price is approaching a resistance zone, near the 2,832.43 level, which could potentially lead to another pullback.
Retracement: There is a projected pullback marked by the black curved line. This suggests that after reaching the peak near 2,832.43, the price might come back down for a retest of lower levels before continuing its bullish path. A retracement could occur to around the 2,820.00 level, or lower, near the 0.79 Fib retracement level around 2,774.94.
Support Levels: Key support levels are marked by the dashed blue lines, and they might serve as potential entry points if the price retraces. The first support zone appears around 2,824.00, followed by 2,820.00. A deeper retracement could bring the price closer to 2,777.00, but the overall trend is still bullish, so any dip could be an opportunity to buy for those looking to catch the next upward movement.
Resistance: The upper resistance zone is near 2,868.00 to 2,860.00, which aligns with the recent highs. A break above these levels could push the price higher, further confirming the continuation of the bullish trend.
Conclusion:
The chart suggests that gold is in an uptrend, but there could be a minor pullback before a possible continuation to the upside. Traders should watch for signs of a retracement, with key support levels offering potential buying opportunities. Keep an eye on the 2,832.43 resistance level for a breakout, but be prepared for a correction near lower levels before resuming the upward movement.
Signal gold📉 Signal 1: Entering a Short Trade
🔹 Entry Conditions:
If the price fails to break 2,806 - 2,813 and shows bullish weakness, a short trade can be considered.
Entry around 2,789 is suitable.
🔹 Stop Loss:
Above 2,800
🔹 Take Profit:
First target: 2,777
Second target: 2,764
Third target: 2,764 (if the downtrend continues)
🔹 Risk Management:
If the price stabilizes above 2,813, reassess the trade.
If 2,777 support is broken, the downtrend will strengthen.
📈 Signal 2: Entering a Long Trade
🔹 Entry Conditions:
If the price holds the 2,777 - 2,789 support and reversal candles appear, a long trade can be considered.
Entry around 2,818 is suitable.
🔹 Stop Loss:
Below 2,806
🔹 Take Profit:
First target: 2,850
🔹 Risk Management:
If 2,764 is broken, reassess the long trade.
If the 2,813 resistance is broken, the uptrend will strengthen.
✅ Overall Conclusion:
If the price reaches 2,806 - 2,813 and shows weakness, a short (sell) trade is preferable.
If the price reaches 2,777 - 2,789 and shows bullish reversal signs, a long (buy) trade is logical.
Entry confirmation should be based on price action and candlestick patt
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold is in a strong uptrend, and the current wave is expected to reach at least $3,000. However, it seems that the price needs a temporary pullback to gather momentum for the next move.
After the correction, gold is likely to resume its upward movement toward higher targets.
Don’t forget to like and share your thoughts in the comments! ❤️