Metals
GOLD - 15 min ( Buy Scalping After Break 2750 Area ) In the context of FXCM's analysis of gold trading opportunities, a notable bullish trend has emerged following the breach of a key level, particularly in the 2750 area, supported by heightened trading volume. This significant movement suggests a favorable environment for traders, as the analysis provided emphasizes precision rather than mere numeric indicators. Consequently, the focus remains on delivering the most accurate trading opportunities to enhance informed decision-making.
⚡️Gold / FXCM
Best Break Our / Key level's 15m Tf
🚨Bullish After Break key level + High Volume / 2750 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
GOLD ROUTE MAP UPDATEHey Everyone,
Once again another great day on the charts with our analysis playing out, as analysed.
Yesterday after completing each of the bearish gaps 2768, 2757 and 2746 confirmed with cross and lock, we stated that we now have a lock below 2746 opening 2732.
- This was hit perfectly today followed with no further lock confirming the rejection and the bounce into the Goldlturns above, inline with our plans to buy dips, just like we stated yesterday. This allowed us to catch the move up.
We are now seeing 2757 being tested and will need ema5 cross and lock above 2757 to open the range above. Failure to lock above will follow with a rejection and drop to test the lower Goldlturns again.
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
2778
EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET
2787
EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET
2797
EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET
2808
BEARISH TARGETS
2768 - DONE
EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET
2757 - DONE
EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET
2746 - DONE
EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET
2732 - DONE
EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWIG RAGE
SWING RANGE
2707 - 2697
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
THE KOG REPORT THE KOG REPORT
In last week’s KOG Report we said we would be looking price to attempt the 2715 price point and if rejected we would be looking for the short into the lower red box but sticking with the bullish bias levels. We got the move exactly into the red box support we wanted initially giving us the move upside completing not only KOGs bullish above targets but also the red box targets and the Excalibur targets. We update traders through the week with the plan and continued to remain with the long of the lows up to where we ended the week.
A phenomenal week in Camelot on gold hitting 7 targets and the team completing about 12 targets on the other pairs we trade and analyse.
So, what can we expect in the week ahead?
It’s going to be a frustrating week of expected ranging and choppy price action for traders due to it being the last week of the month and with FOMC pending. For that reason, we will use this KOG Report for the first half of the week and then update traders with the KOG Report FOMC before the release.
For this week we’re not looking to long unless we get a deep pull back either into the order region 2750-55 or further below that the 2730-35 region. It’s actually this levels we will want to test the short trades in to from the higher red box regions. We do have a red box active now at 2827, however, due to where the price is at the moment we’re not comfortable to long up here. If we can open and stay below the 2777 level, we feel an opportunity to short is available into the first region of 2765 which needs to be monitored for the break, and level that the order region of 2750-55. That’s where we will want to test the first long trade, but, as we said above, due to FOMC we can’t expect a clean move.
We have the levels above now active at 2827-30 which we feel is where they may want to take this to open up the 2800’s. If we do continue higher, that’s where we will be watching for a RIP IF we get there!
KOG’s bias for the week:
Bullish above 2750 with targets above 2784, 2793 and above that 2810 pre-event
Bearish on break of 2750 with target below 2735
Red boxes:
Break above 2780 for 2793, 2795, 2806 and 2827 in extension of the move
Break below 2770 for 2765, 2757, 2755, 2750 and 2743 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
Silver/Gold Ratio signals Lower Interest Rates AheadWhen OANDA:XAGUSD (Silver) does well relative to OANDA:XAUUSD (Gold), it means the economy is strong and interest rates tend to rise when that happens. The opposite is also true. When Silver is weak relative to Gold, interest rates tend to fall.
See how it works historically? The 1997 drop in rates when the silver/gold ratio shot up is the rare exception
Why does it work? Silver is an economic metal used in industry and gold is a precious metal which used to be used for technology in the 1970's.
Well - it shows now that rates should be going down because the economy is flat, weak or recessionary. However you want to label it, the economy can afford lower interest rates.
This LONG TERM indicator has worked quite well and deserves to be on your list of indicators to track the likely path of interest rates. OF COURSE, the more important factor is WHO is at the head of the Fed.
Lower rates would make sense especially if the profligate Government spending machine slows down its aggressive spending. The global war on covid didn't help and the clear message that the market is telling us is that we needed to slow down the price hikes but we now have a US Gov't deeply in debt and struggling to be able to justify lower rates.
Here's to clarity on the future moves by the Fed, which if you were just looking at this indicator you would be cutting rates steadily for the foreseeable future.
Cheers,
Tim
11:47AM EST January 28, 2025
Dollar Index Bullish to $111.350 (UPDATE)The Dollar has melted down to our second POI, down to $107 & so far has bounced back up. It is possible that price might still drop a little lower, but overall I expect the Dollar to turn bullish again.
We've seen Wave 4 correction complete, followed by a 'BOS' above Wave 3 high confirming the bull run will continue. Retest of supply zone completed, now time for the move up to continue📈
XAU/USD : Get Ready for more correction before the next bullrun!Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the price stabilizes below $2780, we can expect further corrections.
The potential targets for this decline are $2756, $2751, and $2747, respectively. This analysis will be updated soon!
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
SPY/QQQ Plan Your Trade For 1-28 : Temp Bottom PatternToday's SPY Cycle Pattern is a Temp Bottom.
After yesterday's big breakdown and consolidation, I believe the SPY will attempt to identify support, possibly near 597, and attempt to move higher a bit today.
Ultimately, a Temp Bottom pattern is where the price seeks out support (moving downward or retesting recent support levels) and then rolls to the upside, creating a base/bottom type of pattern.
The QQQ should follow the same pattern.
Gold and Silver seem trapped for the next 2-3 days (possibly melting a bit higher as the US Dollar appears to be moving downward a bit).
I don't see Gold/Silver starting to make any big moves until Jan 31 or in early Feb.
Bitcoin will likely stall out, just like the SPY/QQQ, over the next 2-3 days, then move into a downward price phase - attempting to move back towards $92k.
I believe the markets are stalling and in a bit of shock at the moment. Don't get too aggressive in any trades unless you are confident in your ability to manage risk levels.
Some sectors/symbols will trend. But the SPY/QQQ will likely stall out for another 2-3 days before making another big move.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Analysis of gold market trend on Monday
Analysis of gold news: Spot gold fluctuated and fell in early Asian trading on Monday (January 27), and is currently trading around $2,757/ounce. Gold prices continued to rise by 0.6% last Friday (November 24), reaching a high of $2,785.86/ounce during the session, just one step away from the historical high of $2,789.95, closing at $2,770/ounce, up 2.5% on a weekly basis, the fourth consecutive week of gains, as uncertainty about US President Trump's trade policy has caused the dollar to lose momentum, thereby boosting demand for safe-haven gold. The dollar fell 0.63% on Friday to close at 107.46, with a weekly decline of 1.77%, marking its worst weekly performance in more than a year. People expect that the tariffs imposed by U.S. President Trump will be lower than previously feared and are unlikely to Triggering an international trade war. In addition to the Fed's interest rate decision, this week will also release the US December durable goods orders monthly rate, the Bank of Canada's interest rate decision, the European Central Bank's interest rate decision, the US fourth quarter GDP data, and the US December PCE data. It can be said to be a super week, and investors need to make position adjustments in advance. The survey shows that most analysts and retail investors tend to be bullish on the trend of gold in the next week.
Gold technical analysis: Gold closed higher last week, approaching the previous high of 2789, and then paused slightly in the small cycle near 2785. The overall weekly K-line closed at a high level. The overall rhythm of last week was a unilateral step-up, which was relatively stable, with a step back, but the overall upward trend was good. Although it surged on Friday, it formed a small hammer-shaped positive line with an upper shadow line. The overall trend showed signs of adjustment. Therefore, we should not chase the bullish trend and consider it when it falls back. As for the short position, it is unreasonable not to go short when it is close to the new high. From the current market, the upper pressure has moved down to the 2783 line. Gold fell back under pressure from the historical high on Friday. Gold fell. Without breaking through the historical high pressure, gold rebounded in the early Asian trading and continued to go short.
The gold 4-hour chart is a step-by-step oscillatory upward channel. With the release of space, the volume energy is slightly weakened, which may be accompanied by a wash-like consolidation and correction move, and it will turn back step by step. It will accumulate momentum to recover and rise again. Combined with the weekly closing, there should be an inertial rise this week. However, after breaking through the high, the indicator in the attached picture will enter a high level, and there will be a need for correction. At that time, it will depend on the correction method in the market, whether it is a strong consolidation correction or a deep correction. The two methods should be combined with the intraday pattern. Different layouts, strong consolidation correction or sideways and then higher, deep retracement correction. It is easy to go back and forth and then rise after washing losses, which is more challenging to grasp the entry point. Try to be more prudent at the beginning of this week and set the time after the European market. Gold rose and fell in 30 minutes. Gold opened directly with a gap in the morning. The strength of gold bulls began to be insufficient. The resistance above gold still suppressed the rise of gold. Gold continued to go short at highs under the pressure of the historical high of 2790 in the morning. Gold rebounded near 2780 and could be shorted first. If gold falls below 2763, gold shorts will continue to exert force. The market is changing rapidly. Since gold cannot break through the historical high in one fell swoop, it is still difficult to break through directly in the short term. Gold will continue to be short after rebounding in early trading.
On the whole, our professional and senior gold analyst team recommends rebounding shorting as the main strategy for short-term gold operations today, and callback longing as the auxiliary strategy. The short-term focus on the upper side is 2772-2777 resistance, and the short-term focus on the lower side is 2745-2740 support.
The Bullion on the Rise Again📊 FX:XAUUSD Gold (XAU/USD) Weekly Market Update
Hey traders,
While I couldn’t prepare our usual video analysis, here’s a detailed breakdown of the Gold market alongside chart snapshots.
Last week, Gold revisited the 2615 level, near the 38.2% Fibonacci zone , which turned out to be yet another bear trap. Many shorts got liquidated, as seen in the surge in short volume.
Thanks to our strategy, we stuck with the trend, entering at 2629 . We’re now running a strong 400 pips Open P/L , with Gold currently heading towards the 26.2% Fibonacci zone.
🔑 Key Levels to Watch:
Minor resistance expected at 2685 and 2710 before reaching the 2750 target profit.
🔍 Fundamental Backup to Our Trade:
1️⃣ Geopolitical Tensions:
Escalating Middle East instability: Rebel forces ousted President Bashar al-Assad in Syria, heightening fears of broader regional uncertainty.
Safe-haven demand for Gold surged as investors sought security amidst these developments.
2️⃣ China's Gold Purchases:
China's central bank resumed gold acquisitions in November after a six-month break, providing additional bullish momentum.
3️⃣ Dovish U.S. Monetary Policy:
Friday’s U.S. jobs report indicated softening labor market conditions, fueling expectations for a 25-basis-point rate cut at the Fed’s final meeting this year.
Lower interest rates enhance Gold’s attractiveness as a non-yielding asset.
🔮 Potential Scenarios:
Bullish: Sustained geopolitical instability and dovish monetary policy may drive Gold above the 50-period SMA (~$2,678) and closer to our target.
Bearish: A reduction in geopolitical risk premium or sticky inflation could pressure Gold toward the 100-period SMA (~$2,586)- very unlikely.
Stay sharp, watch these levels, and trade smart! 💡
🧠 Let’s Collaborate!
What’s your take on GOLD this week? Share your ideas and charts below in comment. Let’s discuss whether we’re headed to new highs or revisiting support levels!
Cheers,
The NFX Team™ 💚
GOLD - Price can break mirror line and fall to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price broke $2585 level and entered to flat, where it continued to grow and reached $2720 level.
After this, price made a correction movement, after which some time traded and then bounced back.
Then Gold turned around and in a short time declined to $2585 level, after which started to move up between mirror line.
Price rose to $2720 level one more time and then broke it, thereby exiting from flat too and then continuing to grow.
But a not long time ago Gold started to decline and at the moment it trades almost near to mirror line.
Possibly, price can rise a little and then fall to $2720 level, breaking mirror line one more time.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
SILVER Is Bullish! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 30.136.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 31.006 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
USD/JPY Hits Target Again! Massive 500 Pips Move! What's Next?By analyzing the USD/JPY daily chart, we observe that the price has dropped precisely from the 156.75 zone, as anticipated in our analysis, and has hit the 154 target! The key demand zone is between 153 and 154.3, while the significant supply zones are 155.40, 157 to 158.2, and 158.8, respectively. The total return from this analysis has exceeded 500 pips so far! With your support, this analysis will be updated soon!
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
The Latest Analysis :
|