GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update Gold Traders SMC-Trading Point update you on New technical analysis update) Gold still going to buying zone ☺️ 🥂 running BSS AND CHO) patterns Now Gold making a new Bss again back up trand safe buying zone 2759) And Next buying target 🎯 point 2800) fundamental analysis / trump telling more rates cute ) that is expected it more gold)))
Key resistance level 2788 +2797 +2800
Key support level 2764 -2759
Mr SMC Trading point
Support 💫 My hard analysis Setup Lik like and following me 🤝 that star ✨ game 🎮
Goldprice
GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update Gold Traders SMC-Trading Point update you on New technical analysis update) Gold still going to buying zone ☺️ 🥂 running BSS AND CHO) patterns Now Gold making a new Bss again back up trand safe buying zone 2759) And Next buying target 🎯 point 2800) fundamental analysis / trump telling more rates cute ) that is expected it more gold)))
Key resistance level 2788 +2797 +2800
Key support level 2764 -2759
Mr SMC Trading point
Support 💫 My hard analysis Setup Lik like and following me 🤝 that star ✨ game 🎮
Gold XAUUSD | SELL After Elliot's 5-WaveWave Analysis:
Wave 1 (Initial Upswing):
Price moved from 2661 to 2723, marking the start of the bullish trend.
This wave is typically smaller as the market begins to establish direction.
Wave 2 (Correction):
A corrective pullback, retracing part of Wave 1.
Price moved down but respected the Fibonacci retracement zone (likely between 50% and 61.8%).
Wave 3 (Strong Upswing):
The strongest and most extended wave, moving from 2695 to 2759.
This wave aligns with higher momentum, reflecting a surge in bullish sentiment.
Wave 4 (Consolidation):
A sideways or shallow pullback, correcting Wave 3.
This wave is less aggressive than Wave 2, often reflecting profit-taking and market indecision.
Wave 5 (Final Push):
The last leg of the upward impulse, with prices rising from 2743 to 2786.
Momentum begins to weaken, and divergences on indicators like RSI or MACD might appear, suggesting exhaustion of the trend.
Current Market Outlook:
Trend Exhaustion:
The completion of Wave 5 at 2786 suggests that the bullish trend is nearing its end. The possibility of a trend reversal or a corrective move downward is high.
Potential Correction:
After the completion of the impulsive wave, an A-B-C corrective structure is likely to unfold.
Wave A could lead to an initial sell-off.
Wave B might be a temporary rebound or retracement.
Wave C would finalize the correction, potentially testing the 2661 level (Wave 1 origin).
Key Support Levels:
2743 (Wave 5 origin): The first major support.
2695 (Wave 3 origin): The second support level to watch for.
2661: A full retracement target if the correction deepens.
Resistance:
2786 (Wave 5 high) remains the key resistance level. A break above this might indicate an extension of the bullish trend.
Trading Signal:
Sell Entry: Upon confirmation of a break below 2743.
Targets:
First Target: 2710 (Wave 4 area).
Second Target: 2695 (Wave 3 origin).
Third Target: 2661 (Wave 1 origin).
Stop-Loss: Above 2786 to avoid risk from a potential upward extension.
Alternate Scenario:
If prices break and sustain above 2786, it could indicate the continuation of the bullish trend. Look for further upside toward 2800–2820.
Conclusion:
Gold appears to have completed its five-wave impulsive structure. The next likely scenario is a corrective A-B-C wave formation or a trend reversal. Monitor key levels and confirmation signals before executing trades.
Gold testing $2,780, but could it stumble before another rally.1/ Gold is making moves! XAUUSD is pushing against $2,780 resistance. With interest rate cuts on the horizon and global uncertainty rising, gold remains the GOAT of safe-haven assets. Let’s break it down.
2/ 📈 Performance Update:
Gold has rallied strongly, eyeing $2,780 as a key level. Factors driving this surge?
Central bank buying (hello, China 🇨🇳).
Inflation fears lingering.
Fed rate cuts brewing.
3/ 🏦 Central Bank Moves:
Did you know? Central banks bought over 800 tons of gold in 2023, a record-breaking spree. Institutions clearly trust gold more than fiat—should you? 🤔
4/ 🔍 Valuation vs. Peers:
Gold vs. Silver?
Gold shines brighter: steadier growth, lower volatility. 🌟
Gold vs. Bitcoin?
Bitcoin brings chaos; gold brings calm. Safe, stable, solid. 💰
5/ ⚠️ Risks Ahead:
Overbought Levels: Some indicators say gold is getting pricey—watch for pullbacks.
Strong USD: If the dollar flexes, gold might stumble (inverse correlation 101).
Bond Yields: Rising yields could steal gold’s thunder.
6/ 💡 Opportunities:
Rate cuts = liftoff for gold. 🚀
More central bank buying could squeeze supply and pump prices higher.
Uncertainty = gold’s time to shine (it loves chaos).
7/ 🔬 Why Gold Wins:
When the world gets messy, gold keeps it classy. 🌍✨ Whether it’s inflation, rate hikes, or geopolitical turmoil, gold proves that slow and steady wins the race.
8/ 📊 Key Levels to Watch:
Resistance: $2,700
Support: $2,651 (50-day SMA) and $2,625 (100-day SMA).
Which direction do you think gold is heading? 👀
9/ 🤔 What’s Your Play?
🟢 Buy now—it’s going higher!
🟡 Hold and watch the levels.
🔴 Too risky, I’m staying out.
Xauusd | Market break the point 2770-2769 ?XAUUSD 2,770 885 | 27/January/2025 ( Market break the point 2770-2769 )
- This video is based on Educational Purposes
In Our Past Commentary we discuss that market should close the candle below the 2770-2769 area and Currently market is at 2770.885 which is quite close
So what will be the Possible Scenarios ?
- Bearish Scenario : If Market closed the candle below our Observation point we will hold our positions to 2760 point and we are confident market will touched at 2750.00 so basically there are two regions (2750 and 2739) which are indicated trying to push from levels .Although if candles closed below this region our expectations would be to touched 2680.00 area a new lowest point
- Bullish Scenario : if Market cant break the Support level which is at 2770 - 2769 area we are going to expect the All time high at 2790 to 2800.00 area
GOLD XAUUSD New All Time High? A Cheeky Short SELL Maybe? XAU A🌟Gold has been a monster and very kind to all those who have been accumulating this precious metal.🌟
🟢 As XAUUSD approaches another ALL TIME HIGH.
🔴 A fair case can easily be made for a SHORT UP HERE.
You know already I don't advocate for trying to catch tops and bottoms Buttttt...
THIS TIME IT'S DIGFERNT RIGHT? lol🤣
Only kidding.
In all seriousness anticipating a retracement from all time highs is always a fair trade if your TRIGGER SIGANL arrives.
Risk is easy to identify x points above the new high bar test is always an option.
✅️ You know I always require a HIGHER HIGH & LOWER CLOSE when trying to catch a short reversal.
Have A GREAT WEEKEND & REMEMBER manage your risk well and you will always be arround to trade another day.✅️
⭐️No trigger No Trade⭐️
ℹ️ I will be digging into the Crypto charts this weekend so stay tunned
15M CHART ANALYSIS UPDATEDear Traders,
We are very happy we provided you accurate analysis earlier.
In our previous 15M Chart analysis we shared, If EMA5 cross and lock above 2761, then you can enter bullish. Otherwise stay away. There could be a small correction downward.
That is what exactly happened.
Please see our new analysis for today Friday 24 Jan 2025
Key Update:
ENTRY LEVEL: 2754.200
Bullish Target: 2762, 2771, 2780
Bearish Target: 2738, 2720
To achieve these targets, follow these steps.
BULLISH TARGETS:
EMA5 CROSS AND LOCK ABOVE 2755 WILL OPEN THE FOLLOWING BULLISH TARGET
2762
EMA5 CROSS AND LOCK ABOVE 2762 WILL OPEN THE FOLLOWING BULLISH TARGET
2771
EMA5 CROSS AND LOCK ABOVE 2771 WILL OPEN THE FOLLOWING BULLISH TARGET
2780
BEARISH TARGETS:
EMA5 CROSS AND LOCK BELOW 2750 WILL OPEN THE FOLLOWING BEARISH TARGET
2738
EMA5 CROSS AND LOCK BELOW 2738 WILL OPEN THE FOLLOWING BEARISH TARGET
2720
please support us by leaving our comments and boost the charts.
TheQuantumTradingMastery
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSDAs of January 23, 2025, gold (XAUUSD) is trading around $2,751.87 per ounce, slightly down from the previous day's near three-month peak of $2,763.43.
Technical analysis suggests that gold prices may continue to rise, with potential targets at $2,765 and $2,795.
However, analysts note that gold might face resistance around $2,759, which could trigger a correction.
Given these factors, if gold reaches the $2,760 level, it may encounter resistance, potentially leading to a price correction. This could present an opportunity to consider selling positions. However, it's crucial to monitor market conditions closely, as various factors, including U.S. trade policies and Federal Reserve decisions, can influence gold prices.
*Disclaimer: This information is for informational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions.*
Gold 4H Chart Analysis – Path to New Highs or Rejection?Gold has been forming a bullish structure with consistent higher highs (HH) and higher lows (HL), indicating strong upward momentum. The market is now approaching a key daily supply zone, which could act as a critical resistance area.
If the price successfully breaks above this supply zone, we could witness a continuation of the bullish trend and a potential move toward new highs. However, if the supply zone holds and the price faces rejection, we might see a pullback toward the $2,753 level or even the $2,740 support zone.
The EMA 200 also aligns with the bullish trend, confirming the overall upward bias. Traders should carefully monitor price action at the supply zone for a breakout or rejection to plan their trades accordingly.
Scenarios to Watch:
A breakout above the supply zone could signal further upside potential.
A rejection may lead to a correction toward $2,753 or $2,740.
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: Potential Correction After Testing Key Resistance Levelshello guys!
Key Resistance Zone: The price has reacted strongly at this confluence of resistance, signaling the potential exhaustion of the recent bullish momentum.
Correction Scenario: A pullback to the breakout (BO) level, represented by the blue area, appears likely as the price consolidates below the resistance. This region could provide a strong support level, potentially around $2,710-$2,730.
Channel Dynamics: The price is still within an ascending channel, suggesting that a retracement would be corrective rather than a trend reversal. The lower bounds of the blue area or the midline of the channel could serve as dynamic support.
Confirmation Needed: If the price fails to hold above the BO level (blue area), the next support targets would lie near $2,678 (Fibonacci retracement zone), which aligns with the prior market structure.
__________________________
Strategy for Traders:
For Shorts: Short-term traders can look for rejection signals at the current resistance, targeting the BO level for potential profit-taking.
GOLD DAILY CHART MID/LONG TERM UPDATEHello Everyone,
Here’s the latest update on the daily chart we’ve been tracking and trading, providing an overview of the current range.
On the daily timeframe, there’s a strong resistance level at 2790, which may cause a rejection. Below this resistance, there is a Fair Value Gap (FVG) at 2740, which could provide support and help the price hold above.
To simplify your trades, we’ve included entry levels and take profit (TP) targets (TP1, TP2, TP3) aligned with the EMA5. The EMA5 crossing and holding above these weighted levels will determine the subsequent targets.
Key Update:
EMA5 lock is now in place, providing additional confirmation for the gap.
Strategy Highlights:
ENTRY LEVEL: 2744
If a candle closes above this level and EMA5 crosses it for confirmation, we’ll look to enter bullish positions.
First Target (TP1): 2804
Apply the same strategy to determine TP2 and TP3.
Rejection Scenario:
For ranging markets, focus on smaller timeframes (15M, 1H, 4H, 12H) to buy dips from weighted levels.
Target clean 40-60 pips moves, which work well in these conditions while avoiding the risks of long-term swings.
Dip-Buying Strategy:
Continue buying dips at our support levels, targeting 40–60 pips per trade.
Each level structure offers a 40–60 pip bounce, ideal for precise entry and exit points.
Monitor the EMA5 crossing and locking above or below the ENTRY LEVEL to confirm the next directional range.
Stay focused and trade wisely!
TheQuantumTraders
"Gold (XAU/USD) Approaching Key Resistance: Awaiting Bearish RevBased on the chart:
- **Trend Analysis**: Gold is trading within an upward channel, indicating a bullish trend in the medium term.
- **Current Price Action**: The price is nearing the channel's upper boundary, which may act as resistance. A potential rejection could lead to a correction toward the channel's lower boundary.
- **Key Levels**:
- Resistance: Around 2,760–2,765.
- Support: The lower boundary of the channel is near 2,730.
- **Bearish Scenario**: A confirmation of bearish reversal (e.g., bearish candlestick patterns or a lower high) could signal a move toward the midline or lower boundary of the channel. A break below 2,750 would strengthen the bearish case.
- **Bullish Continuation**: If the price breaks above the upper channel resistance, further bullish momentum might drive it toward higher levels.
It is advised to wait for a clear **bearish confirmation** at resistance before shorting to align with the channel's trend dynamics.
XAUUSD - Gold Awaits Weekend Data Releases?!Gold is trading above the EMA200 and EMA50 on the 4-hour timeframe and is in its ascending channel. If gold rises towards the channel ceiling and supply zones, we can look for short positions targeting the channel midline.
The gold market has kicked off 2025 with one of its best starts since 2023 and is on track to achieve its strongest monthly performance since September. Prices are currently testing the high range near $2,750 per ounce.
A fund manager noted that this robust start to January could signal another strong year for the precious metal, even after gold recorded a 27% price increase last year.
In his 2025 outlook report, Eric Strand, founder of the precious metals-focused AuAg Funds, projected that gold prices will surpass $3,000 per ounce this year. He stated: “We expect gold to break the $3,000 barrier during the year and possibly reach even higher levels by year-end, with a realistic target of $3,300.” Strand’s bullish target represents a 20% increase from current levels.
Strand suggested that the new Trump administration might usher in a period of more accommodative monetary policies and larger government stimulus programs. In his report, he explained: “Both Donald Trump and Elon Musk have built their empires on extensive borrowing while driving forward at full speed.
This approach will likely persist for the next four years as governments strive to avoid an economic downturn at any cost to create a positive boom. However, the price of this strategy will be monetary inflation. Such an inflationary boom creates a financial environment where commodity prices, including gold, rise significantly.”
As U.S. national debt has reached unprecedented levels, now exceeding $36 trillion, Strand highlighted that the United States is not alone in facing this challenge. He emphasized that governments worldwide continue to increase spending through deficit financing. He noted: “The amount of money circulating in the system is increasing without generating substantial real growth, which naturally means each unit of currency becomes less valuable.”
Meanwhile, gold prices remain near all-time highs against major currencies such as the euro, British pound, Chinese yuan, Canadian dollar, and Australian dollar.
Gold continues to stand out as a safe-haven global asset as the trend of de-globalization accelerates. Countries are moving away from dependence on the U.S. dollar and diversifying their currency reserves. (De-globalization refers to the process of reducing or reversing global integration, including less free trade, restricted capital flows, reduced interdependence, and a rise in nationalist and local policies.)
Strand stated: “We have seen the beginning of de-globalization, and it appears to be gaining momentum, particularly as the U.S. seeks to impose conditions that serve its own interests. Policies such as ‘America First’ and high tariffs may benefit the U.S. economy, but they also undermine trust in the country as a leader in free-market economies.” He added: “This new phenomenon is likely to create inflationary pressures and may lead to waves of currency devaluation in other nations as they attempt to offset the effects of tariffs.”
Gold Bullish Continuation (Another Top OR New Prominent High?)Gold price seems to exhibit signs of overall bullish continuation as the price action may form another credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that Gold may break it's All Time High Price of 2791. It might be worth observing price the action further if 2791 breaks. A potential break may be indicative of another top OR a new high.
Trade Plan :
Entry @ 2727
Stop Loss @ 2679
TP 1 @ 2775 (Before All Time High)
TP 2 @ 2823 OR Ride Further With Caution (After All Time High)
Move Stop Loss to Break Even if TP 1 hits.