USD/JPY : Ready for more Fall?! (READ THE CAPTION)Upon analyzing the USD/JPY chart in the daily time frame, we see that the pair is currently trading around the 157.060 level. Given the recent price action, I anticipate a significant correction in USD/JPY in the near future.
The first potential target for this decline is 156.25, so keep a close eye on this level! Stay tuned for updates as we track this movement together.
Let me know your thoughts in the comments below!
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 !
Best Regards , Arman Shaban
Metals
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
This is an update on our 1H CHART route map shared on Sunday. This chart has been playing gout perfectly.
We started the week with the retracement range test followed with the bounce into our bullish target 2691. EMA5 cross and locked above 2691 opening 2706 and 2719. This was hit perfectly today completing this range.
We are now looking for ema5 lock above 2719 to open the range above for a continuation or failure to lock above will follow with a rejection here.
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
2691 - DONE
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706 - DONE
POTENTIALLY 2719 - DONE
EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736
BEARISH TARGETS
2679 - DONE
EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 (DONE) - 2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE
SWING RANGE
2640 - 2624
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
EUR/USD : Approaching Critical Demand Zones! (READ THE CAPTION)By reviewing the #EURUSD chart in the three-day timeframe, we can see that the price has currently reached a very important demand zone, and the probability of a price reversal from this level is high! However, note that I personally have another scenario in mind, which is that after an initial short-term rise in the current area, the price will decline again to the very important demand zone of 1.005 to 1.007 , and then, with a suitable trigger in this area, we can look for an attractive BUY position !
All key levels and important zones have been marked on the chart! If you have any questions, be sure to ask, and I will try to respond as soon as possible!
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 !
Best Regards , Arman Shaban
Will gold fluctuate significantly today?
In the early Asian session on Wednesday (January 15), spot gold fluctuated slightly and is currently trading at $2,683 per ounce. Gold prices rebounded slightly on Tuesday, closing at $2,677.22 per ounce, after U.S. inflation data was slightly lower than expected, giving investors a faint hope that the Federal Reserve will continue to lower interest rates in 2025, and the U.S. dollar fell in response. The strengthening of the U.S. dollar and rising U.S. Treasury yields may still be unfavorable factors for gold in the first half of this year, but the demand for gold as a diversified investment tool will be enough to outweigh these unfavorable factors. On Tuesday, the U.S. 10-year Treasury yield continued to rise, once refreshing a more than 14-month high of 4.820%. This yield is regarded as a risk-free yield, the opportunity cost of holding gold in the market, and the rise in this yield will reduce the attractiveness of gold. In addition, concerns about Trump's policy uncertainty also provide support for gold prices, but U.S. Treasury yields continue to climb, which makes gold bulls cautious. Investors are currently waiting for the Consumer Price Index (CPI) on Wednesday to analyze the Fed's policy path.
U.S. President-elect Trump will return to the White House on January 20. He has previously vowed to impose additional trade tariffs. Analysts expect this will trigger a trade war and reignite inflation. President-elect Trump said on Tuesday that he would set up a new department called the External Revenue Service, "to collect tariffs, import duties and all taxes from foreign countries." Trump is preparing to impose new import tariffs before taking office next week. In terms of geopolitical situation, negotiators are trying to agree on the final details of the Gaza ceasefire after marathon talks in Qatar, with mediators and both warring parties saying they are closer than ever to reaching an agreement. However, after more than eight hours of talks, a senior Hamas official told Reuters reporters late on Tuesday that the group is still waiting for Israel to submit a map for its withdrawal from Gaza. U.S. President Biden attended the talks together with envoys of President-elect Trump. Investors need to pay attention to relevant news. In addition, New York Fed President Williams and Chicago Fed President Goolsburn will deliver speeches on the trading day, which investors need to pay close attention to. In addition, pay attention to the release of the Beige Book of Economic Conditions by the Federal Reserve.
Gold market trend analysis:
Gold technical analysis: The gold range has contracted and fluctuated, the daily physical K-line is small, and the short-term space has become passivated. If the space cannot be walked out, it will fall into a narrow range of contraction and saw-saw oscillation, and it is not strong or weak. The daily structure enters the triangle range. Although the low point is upward, forming a small step upward, the resistance at the upper track has not been effectively broken through, and there is no upward space for the time being. In the short term, it will continue to fluctuate back and forth within the range. If the gold rebound and rise is not sustained, then gold will continue to be a volatile market. Gold has poor sustainability recently. Don't chase the rise easily. Continue to short gold at a rebound high.
The gold 1-hour moving average is about to enter a dead cross downward. If the gold 1-hour moving average forms a dead cross downward, then the gold downside space will be further opened. The market is changing rapidly. Gold is now a volatile market. Gold rebounds high and continues to short. On the whole, the professional and experienced gold analyst team recommends shorting on rebounds as the main strategy for short-term gold operations today, and long on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 2676-2680 resistance line, and the short-term focus on the lower side is the 2645-2650 support line.
Gold operation strategy:
1. Go long on gold when it falls back to the 2660-65 line, stop loss at 2655, target at 2675-80 line, and look at 2690 line if it breaks;
2. Go short on the 2690 line when gold rebounds for the first time, and cover short on the 2704 line when it rebounds, stop loss at 2711, and target at 2665-70 line;
Analysis of gold review in simple languageHello guys
We came with gold analysis.
We have two scenarios:
1_ According to the upward trend, let the price reach the resistance range and maintain the range from there to open a sell transaction.
2- Let the price reach the support range and open the purchase transaction while maintaining the range.
In our opinion, the first scenario is more tolerant.
*Trade safely with us*
SPY/QQQ Plan Your Trade For 1-16 : Momentum Rally PatternToday's pattern suggests the markets will continue a rally phase - trending on the momentum from yesterday. It is likely the SPY/QQQ will attempt to rally and break away from the downward-sloping price channel I show on my charts.
Remember, my broader cycle pattern research suggests the SPY/QQQ will attempt to rally into Jan 20-23, then peak and roll downward/sideways into a Feb 9-10 V-Bottom pattern.
As I highlight in this video, the markets appear to be moving into a consolidation phase within the current downward-sloping price channel. I'm watching to see if the new Trump administration brings a BUMP (like last time) that breaks the US markets away from this consolidation trend.
Remember, the data on the US economy and earnings continues to be strong. A Trump-Bump will likely happen again, pushing the US markets into even greater dominance as the 900-lb Gorilla compared to other global economies.
However, until global central banks can move their economies to become more independent of US economic demand and imports, the process of working through the excesses of the COVID/Spending-spree administration (Biden) will continue as long as wealth in the US goes unchallenged (by some crisis or economic event).
So, again, expect the 900lb Gorilla to continue to dominate while there is no major crisis event in the future.
Gold and Silver should rally today on a RALLY pattern as well.
I believe BTCUSD is struggling to find support and may move downward over the next 10+ days.
We'll see what happens.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold Price Update: Potential Bullish ContinuationGold prices are showing signs of a potential bullish continuation. The price has retraced to the 0.5 Fibonacci level at 2,677.26 USD after a strong upward move and appears to be stabilizing around this support.
The current consolidation above 2,677.26 USD suggests the possibility of another upward push toward the 1.0 Fibonacci level at 2,697.98 USD, with further resistance levels at 2,718.71 USD and 2,729.08 USD. However, if the price fails to hold above 2,677.26 USD, the next support level to watch is 2,666.89 USD.
Key Levels:
Immediate Resistance: 2,697.98 USD (1.0 Fibonacci level)
Support Zone: 2,677.26 USD (0.5 Fibonacci level) and 2,666.89 USD (0.25 Fibonacci level)
Potential Targets: 2,729.08 USD (1.75 Fibonacci level)
This setup indicates a bullish outlook if key support levels hold. Should monitor price action closely for confirmation of the next move.
GOLD approaching key short-term resistance. What's next?Gold is moving in the upwards direction, despite the higher US CPI reading, which benefits the US dollar. However, there is a possibility that the higher inflation reading was already priced in and maybe this could lead to slower upside pace for the US dollar. Let's dig in...
TVC:GOLD TVC:DXY MARKETSCOM:GOLD MARKETSCOM:DOLLARINDEX
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XAGUSD Silver BEARISH - Head & Shoulders and Wedge BreakSilver has two patterns on the Daily TF that indicate a bearish direction ahead.
There is a complete Head & Shoulders pattern and also a Rising Wedge pattern that has been broke. Silver (XAGUSD) has recently had a bullish retracement to re-test both patterns and should start falling soon.
Short-Term TP = $28
Long-Term TP (from Head & Shoulders) = $24.60
Long-Term TP (from Wedge) = $20.70
I expect the short-term TP to be hit at least. The longer-term TP's may or may not be reached. What will probably happen is that the Head & Shoulders target will be reached and Silver will hold up around the $25 level.
NOTE : I personally love Silver and think it's a great long-term investment. I also consider it a highly manipulated market. I am bearish now based solely on the chart, but keep in mind that anything can happen with Silver!
Ride the Silver Surge: A Strategic Long-Term Trade Opportunity! 🚀 Silver: Bullish Setup Targeting $34.86 🚀
Silver presents a strong buy opportunity with bullish momentum building both technically and fundamentally. Here’s the updated setup:
Key Levels
Entry: $30.60
🎯TP1: $32.10
🎯TP2: $34.86
🛑 Stop Loss: $28.54
Why This Trade Looks Promising
1️⃣ Trendline Support: The price has rebounded strongly off a key ascending trendline, signaling continued bullish momentum.
2️⃣ Industrial Demand: Long-term demand for Silver is fueled by clean energy initiatives, including solar panels and EV production.
3️⃣ Bullish RSI: The RSI is trending upward, confirming growing buyer strength and potential for further price gains.
4️⃣ Long-Term Setup: This trade requires patience and is more suitable for traders with larger accounts, as the stop-loss is set wider to accommodate market fluctuations.
Market Context:
Silver remains fundamentally supported by rising industrial demand, inflation hedging, and the prospect of a weaker US Dollar in the months ahead. This longer-term setup aligns with both technical and macroeconomic trends, offering significant upside potential.
⚠️ Note: Please ensure this trade aligns with your account size and risk tolerance. For smaller accounts, a tighter stop-loss or different setup might be more appropriate.
GOLD - Potential Bullish Break & Retest SetupGold is currently trading above the $2,700 level, which previously acted as resistance and could now serve as support. If the price pulls back and buyers defend this level, it could confirm bullish momentum, leading to a continuation toward the next target at $2,712. However, failure to hold above the zone may invalidate this setup and signal potential bearish pressure.
This scenario aligns with the broader ascending channel structure, suggesting the potential for further upside if key support holds.
THE KOG REPORTTHE KOG REPORT
In last week’s KOG Report we said for the first half of the week we will be looking for the price to attempt the low-level support 2625-30 to complete the move from the week before which we achieved. We wanted this level to give us the bounce upside for the long, which was almost to the pip, hitting our target upside for another short completing the bearish targets.
We then updated traders with the long trade before NFP which we traded level to level until we released the NFP KOG Report on Friday. For this report we gave the levels of interest and our plan, and although we didn’t manage to capture the exact level for the long, some traders managed to get in on the move hitting the target on the nose. It’s at that red box level we then shorted again to close the week.
What a week in Camelot, not only a point to point moves across the week on Gold but we completed a whopping 22 targets across the other pairs we trade and analyse.
Well done to the community and traders.
So, what can we expect in the week ahead?
For this week we have the key levels above 2700 and above that 2710, which could be possible targets for bulls to attempt during the course of the week. Below, we have the key levels of 2665 and the key level 2650-55 which will be this week’s bullish above bias level. Ideally, on open we want to see a brief test of that high, if rejected we would like to see this come back down to complete the move downside from Fridays’ NFP. It’s these lower levels that need to be monitored, the 2665 region which is where if we want to go up, we don’t want to see a break below and below that, then the extension of the move into the 2645-50 region.
We’re a little too high to attempt the long and we’re also holding protected shorts from above, so a progressive move down would suit before then finding a base to attempt that long unless Excalibur says otherwise.
At present, we can not get to carried away with the long-term direction, a visit into 2700 with a strong break above 2720 is needed for this to continue the move upside, while a break below the 2640-45 region is needed for this to confirm the move further downside. It’s still possible we continue this range until a further breakout so for that reason we’ll play it intra-day for now following our trusted algo and additional tools we have in place.
KOG’s Bias for the week:
Bullish above 2650 with targets above 2700, 2706 and above that 2716
Bearish on break of 2650 with targets below 2640 and below that 2635
RED BOXES:
Break above 2690 for 2700, 2703, 2706, 2710 and 2724 in extension of the move
Break below 2680 for 2667, 2665, 2655 and 2640 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
GOLD - XAUUSDWe will look at the logarithmic chart of gold starting from 1975.
We see the two cycles. I drew a line along the tops of these peak values and made a parallel one, thereby forming an upward trend channel.
If we talk about the Elliott Waves, then we'd the peak of the third wave in 2011 - the strongest wave and it's during the 2007-2008 crisis.
Now we're on the cusp of a real breakthrough and amid of the potential instability in the world, gold will be a protective asset. There are many fundamental factors for its growth.
On the other hand, if we talk about local movement, then we've broken through the resistance of triangle below and made the first wave up, after which there should be a correction - either in a small triangle or to the support line of the global channel, and after that, there'll be the strongest impulse of the third wave which will break 1900+.
In my analysis, I say that it's the global 5th uptrend wave and we'll see some updating of new highs over the next few years.
Best Regards EXCAVO.
Gold (XAU/USD) Bullish ChannelThe XAU/USD pair on the H1 timeframe presents a potential Buying opportunity due to a recent Formation of a well-defined Channel Pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the Channel. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2709
2nd Support – 2729
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CADJPY Rising Wedge Breakout and Targeting Support LevelCADJPY is currently trading at 108.300, with a target price set at 106.000, offering a potential gain of 200+ pips. The analysis is based on a support and resistance pattern, indicating the pair’s key price levels. A rising wedge breakout has already occurred, a bearish signal pointing to further downside potential. The price is now positioned below a major resistance level, confirming sellers' dominance in the market. With this setup, the pair is likely to continue its downward movement toward the main support level, which aligns with the target price. The bearish momentum is expected to persist as long as the resistance level holds strong. Traders should watch for any confirmation of increased selling pressure to solidify this trend. This setup highlights a favorable opportunity for bearish trades with a defined risk-reward ratio. The focus remains on the target support level as the next key price point.
GOLD/XAUUSD BIG SELL COMINGI provided a buy signal from 2630 to 2690, generating 600+ pips in the recent week. Building on this success, I’ve identified new trading opportunities based on current market dynamics.
Market Dynamics
Resistance Zone (2710 - 2720):
Price has previously faced rejection at this level twice, marked by a red circle, indicating strong selling pressure. This is a supply zone where sellers are likely to dominate.
Support Zone (2656 - 2664):
A green circle marks a demand zone where buyers have consistently stepped in. This level is expected to hold, providing a potential bounce opportunity.
Projected Price Movement
1. Scenario 1 – Reversal at Resistance:
Price hits 2710 - 2720, faces rejection, and falls back to support near 2656.
2. Scenario 2 – Support Bounce:
Price rebounds from 2656 - 2664 and targets resistance at 2710 - 2720.
3. Alternative Breakout:
A breakout above 2720 signals continued bullish momentum, invalidating the sell setup.
Trade Strategy
1. Sell between 2710 - 2720
Stop-Loss: 2728
Target: 2656
2. Buy between 2656 - 2664
Stop-Loss: 2646
Target: 2710
Conclusion
This strategy focuses on high-probability trades within defined ranges, using precise entry points and stop-loss levels for risk management.
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SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER 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 30.135 area.
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GOLD MICRO ANALYSISAnd this is what the micro view looks like. If you've not seen our precedent post on the macro view, you should check it out so you get the global scheme of the move.
The red line has to be reached at some point over the next few weeks, maybe even days, because Gold has a "desert area" to cross : this is the area where there's no blue lines, which are basic KL.
What we believe is that when there 's no or not enought KL, the price moves way faster, hence the green drawing.
GOLD GLOBAL VIEWThis is what it looks like for us : a huge rally where the price is to reach at least 2780 pretty soon.
Look at our next post to get the micro view and the daily signal.
The idea is to compensate the green top area, which acts like a super KL, making the price come back to such high levels.
On the other hand, since the economy in the US seems to get more and more stable, the Gold Index should not grow that much on the next few years, only in case of a major event.
Which is why you can observe the red dotted line going back to the ground, to another super KL.
Continue to be bullish, buy above 2683 todayGold maintains a bullish trend structure intact, and the daily chart continues to close strongly. The price runs along the middle and upper rail channel of the Bollinger Bands, and the MA10/7-day moving average continues to open upward and gradually moves up to 2668/80, and the RSI indicator turns upward above the middle axis. The short-term four-hour moving average system also keeps opening upward, and the price gradually moves up along the high point of the 10-day moving average. The Bollinger Bands keep opening upward and the price runs in the middle and upper rail channel.
There is no change in the technical side, buy at a low price, and the trend is rising. Gold is strong in the Asian session, gold has broken through the previous high point, and gold bulls are better. Gold bulls have broken the shock pattern. Since gold bulls are stronger, then take advantage of the bulls.
Gold's 1-hour moving average has entered the golden cross upward pattern again. After falling last night, gold has bottomed out and rebounded again, and set a new high. Gold fell to 2676 in the US market and then bottomed out and rebounded. The gold moving average support moved up to 2683. Buy on dips above 2683. You can enter the market first when gold falls back to 2685.
First support: 2690, second support: 2683, third support: 2672
First resistance: 2708, second resistance: 2718, third resistance: 2730
Operation ideas:
BUY: 2683-2685
SELL: 2718-2720