According to the 1h analysis, I'm personally looking for a sellAccording to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area.
But remember one thing if the price successfully closes above 2718.00, then stay away from selling. So don’t place any advance orders for now. Use good bearish confirmation for the entry.
Metals
XAU/USD : Key Levels $2717 and $2727 to Define Next Move! (READ)Analyzing the 4-hour gold chart, we observe that after rising to approximately $2725, gold underwent a correction down to $2703. Currently, gold is trading around $2708, and the key level to watch over the next two hours is $2717.
If gold fails to breach and stabilize above $2717, we may expect further corrections. Alternatively, gold might move above $2727 to collect liquidity, followed by a potential reaction to this liquidity pool, leading to a correction.
Stay tuned for updates once the confirmations are in place!
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
GOLD → A change in fundamental background. Strong resistanceFX:XAUUSD faces strong resistance at 2721 and enters correction phase, which also coincides with the change of fundamental background and economic data
Weakening geopolitical tensions in the Middle East have reduced demand for safe-haven assets such as gold, the US dollar and US bonds. In addition, expectations of stimulus measures from China improved market sentiment.
Despite this, the downward trend for gold may remain limited due to Trump's rather risky policies and expectations of two Fed interest rate cuts later this year. Overall, gold prices are likely to be volatile in the short term due to holiday market conditions and Trump's upcoming executive orders.
Technically, the price is inside a symmetrical triangle, which in turn is located inside an ascending channel. If the resistance is not broken, pressure will be applied to the support....
Resistance levels: 2713, 2717, 2721
Support levels: 2702, 2697, 2690
A retest of 2702 will increase the chances of support breakdown and further fall. It can happen after the resistance retest. I do not exclude a false breakdown of one of the mentioned resistance levels before a further fall.
Regards R. Linda!
Copper - Markets are waiting for Trump's new decisions!Copper is above EMA200 and EMA50 in the 4-hour timeframe and has left its descending channel. The downward correction of copper will provide us with the opportunity to buy it with the appropriate risk reward. If the upward trend continues, you can sell copper in the next supply zone.
In recent days, the value of the U.S. dollar has risen, and Treasury yields have also increased. These developments are primarily driven by expectations that the Federal Reserve will proceed cautiously with interest rate cuts this year.
President Trump’s promises to raise tariffs, reduce corporate taxes, and deregulate industries have sparked concerns about rising inflation, which was already persistent even before these policies were implemented. Meanwhile, the U.S. economy appears robust, with strong labor market performance in November and December, indicating that the Federal Reserve may not feel pressured to accelerate interest rate cuts.
According to projections, investors anticipate that interest rates will decrease by approximately 0.4% by December 2025. This expectation persists despite reports suggesting the new U.S. administration will implement tariff hikes gradually and December inflation data came in lower than expected.
The U.S. Tax Foundation estimates that if the U.S. imposes a 60% tariff on imports from China and a 20% tariff on imports from other countries, the average tariff rate would climb to 17.7%. This would represent the highest level recorded since the 1930s. Trump has pledged to impose steep tariffs on goods imported from various nations; however, economists have warned about the potential consequences of such policies.
In a recent Reuters survey, all participating economists predicted that the Federal Reserve would maintain interest rates within the range of 4.25%-4.50% during its January 29 meeting. Additionally, 61 out of 103 economists expect the rate to decrease to 4.00%-4.25% by March.
The survey results also reveal that 65 out of 102 economists believe the Federal Reserve will reduce interest rates no more than twice this year (compared to 41 out of 97 in the December survey who held this view). Moreover, 40 out of 49 economists surveyed by Reuters forecast that U.S. inflation in 2025 will likely exceed expectations.
Scott Bassant, the nominee for Treasury Secretary in President-elect Trump’s administration, described China’s economy as being in recession. Taking a more pessimistic tone, Bassant labeled China as one of the most unbalanced economies in the world, highlighting the country’s prioritization of military strength and efforts to maintain growth by exporting cheap goods to the rest of the world.
GOLD - Price can fall a little and then continue to move up nextHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price dropped from $2705 level and fell to $2536 points, breaking $2610 level and entering to triangle.
In this pattern, price at once made an upward impulse to resistance area and then made correction movement.
After correction, price some time traded near $2610 level and then exited from triangle and rose back to resistance area.
Then Gold turned around and dropped to support area, after which started to grow inside a rising channel.
In channel, price broke $2610 with $2705 levels and now trades very close to $2705 level in resistance area.
So, I think that Gold can fall a little below than support level and then continue to grow to $2750 points in rising channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the GOLD with the target of 2,659.028 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
Gold cools as fighting eases in GAZA#️⃣ The Israeli Prime Minister officially announced that he will ratify the ceasefire agreement in Gaza! Trump repeated: I have merit
————
⭐️Israeli Prime Minister Netanyahu confirmed that the ceasefire agreement with Hamas has been completed and will take effect on Sunday, right before Donald Trump takes office as US president.
✔️The agreement brokered by Biden, Trump and Qatar includes: Hamas will release 33/98 hostages, Israel will withdraw troops from Palestinian residential areas and release 1,000 Palestinian prisoners.
➡️Trump asserted that this agreement would not have been possible without his participation, while Biden emphasized his desire for a long-term ceasefire to stabilize the region.
🔴
There are many mixed opinions within Israel: the extreme right wing opposes the agreement, while the Israeli stock market increased sharply by 4.4% last week due to positive expectations from the agreement.
Political Situations Are Calming Down as Trump Takes Office, Cooling Down Gold
Moving Investors Money to Crypto Market, Hottest Place Right Now
GOLD BULLSH MOVE, REASONS?? ( READ CPTION)Hello everybody, I hope you are doing well, Happy Weekend.
I hope you had great weekend, The market is going to open tonight.
Im back with my new idea for next week, as you can see gold has broken trendline, hit sell side liquidity, after hit the sell side liquidity gold has fallen and there was Supply zone.
There was 3 taps in down and up trend line but gold has broken down trend line, strong bullish momentum, gold has fallen from Supply zone, Im excited gold will fly from the OB area, its demand zone also in H1 TF. You know there is a FVG in H4 with medium accuracy, there is a buy side liquidity.
Price can break the supply zone area after touch OB, and it can reach at the previous ATH 2790.
SUPPORT MY IDEA, FOLLOW FOR MORE IDEAS
PLEASE SHARE YOUR IDEAS ON THIS POST.
Potential bearish reversal?The Gold (XAU/USD) has reacted off the pivot and could drop to the 61.8% Fibonacci support.
Pivot: 2,717.07
1st Support: 2,633.49
1st Resistance: 2,789.99
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XCU/USD "The Copper vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XCU/USD "The Copper vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade after the market pullback,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 9500.00 (or) Escape Before the Target
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Fundamental Outlook 📰🗞️
The XCU/USD (Copper) is expected to move in a bullish direction.
REASONS FOR BULLISH TREND:
Increasing Demand: The demand for copper is expected to increase due to the growing demand for electric vehicles, renewable energy systems, and other industrial applications.
Supply Constraints: The supply of copper is expected to be constrained due to production disruptions, mine closures, and declining ore grades.
China's Economic Growth: China's economic growth is expected to continue, which will drive up the demand for copper and other industrial metals.
Infrastructure Spending: The US and other countries are expected to increase their infrastructure spending, which will drive up the demand for copper and other construction materials.
Low Inventory Levels: The inventory levels of copper are currently low, which will lead to an increase in prices as demand increases.
Strong Export Demand: The export demand for copper is expected to remain strong, driven by demand from countries such as China, India, and South Korea.
Production Costs: The production costs for copper are expected to increase due to higher costs for inputs such as energy, labor, and equipment.
Government Policies: The government policies in countries such as Chile and Peru are expected to support the copper mining industry, which will lead to an increase in production and higher prices.
UPCOMING FUNDAMENTAL ANALYSIS:
US GDP Growth: The upcoming US GDP growth report is expected to show a strong economy, which could support copper demand and prices.
China's Economic Data: China's economic data, including GDP growth and industrial production, is expected to show a recovery, which could support copper demand and prices.
Copper Inventories: The upcoming copper inventory report is expected to show a decline in inventories, which could support copper prices.
Mining Production: The upcoming mining production report is expected to show a decline in production, which could support copper prices.
MARKET SENTIMENT:
Bullish Sentiment: 60%
Bearish Sentiment: 30%
Neutral Sentiment: 10%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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XAUUSDTrade Suggestion:
For the trade:
Due to the presence of short-term correction signals in lower timeframes and confirmation of an uptrend in higher timeframes, the price is expected to initially decrease (with a potential correction to 2690) and then continue its upward movement.
Trade Suggestion:
1. Buy trade entry:
o Entry point: 2690
o Stop Loss: 2683
o Take Profit: 2707
o Entry method: Pending Order (Buy Limit) at 2690.
2. Sell trade entry (short-term):
o Entry point: 2703
o Stop Loss: 2710
o Take Profit: 2690
o Entry method: Manual.
• Buy trade suggestion with a high probability of success.
• Sell trade suggestion as a short-term opportunity.
Gold Gains Amid Low US Inflation – More Upside Ahead?
Looking at the gold price action on the 4-hour chart, I see some technical signals supporting the possibility of a price increase. Currently, the price is hovering around $2,699 and maintaining above the EMA 34 ($2,693) and EMA 89 ($2,672). This shows that the uptrend is still dominant. At the same time, the price bounced after touching near the EMA 34 in the recent session, reinforcing the important support role of this area.
The arrangement of the EMAs still supports the uptrend, with the EMA 34 above the EMA 89. This combined with the recovery momentum from technical support creates expectations that the price will test the important resistance zone at $2,728. A break of this level would open the possibility of a price increase to the $2,750 area and higher. However, it should be noted that the support zone at $2,693 (34 EMA) will be the first line of defense if the price corrects. If the price breaks this zone, selling pressure could push the price down to the $2,672 (89 EMA) zone.
Fundamentals: Lower-than-expected inflation data has reinforced expectations that the US Federal Reserve (FED) will continue to cut interest rates, which will weaken the USD and increase the appeal of gold as a safe-haven asset. At the same time, investors are still waiting for economic policy information after Donald Trump returns to the White House.
I see gold in a short-term consolidation but has the potential to bounce if it breaks the important resistance zone. Watch the $2,728 zone closely to assess the next market momentum.
GOLD is supported, but watch out for TrumpIn the weekend trading session on Friday (January 17), OANDA:XAUUSD Spot price decreased by 12 USD due to factors such as the recovery of the US Dollar and profit-taking activities of investors, along with some pressure from important technical areas.
TVC:DXY Rising prices have put pressure on gold prices, but with uncertainty over incoming President Donald Trump's policies and markets once again betting on further interest rate cuts, Gold remains in favor. Weakly tilted to the upside as prices broke above the key level of $2,700.
OANDA:XAUUSD hit a new high in more than a month on Thursday, just $65.60 shy of October's all-time high of $2,790.15. Gold prices rose 0.5% this week, the third straight weekly gain, after weaker-than-expected U.S. core inflation data on Wednesday fueled speculation that the Federal Reserve will cut interest rates. capacity many times.
The market expects the Fed to cut interest rates twice before the end of this year, with Fed Governor Christopher Waller saying there could be further interest rate cuts if economic data weakens further.
Trump's policies make the market worried
The market is currently eagerly awaiting Mr. Trump's inauguration on January 20, which is expected to bring challenges to the gold market. Trump's strong rhetoric about supporting US manufacturing through trade tariffs continues to keep the US Dollar Index (Dxy) above 109 points, while also raising concerns about inflation and anxiety about a global trade war.
Aggressive markets will pay close attention to tariffs and fiscal spending policies, as these policies will directly affect economic growth, fiscal deficits and expectations of interest rate cuts by the Fed.
This week has been a pretty quiet data week. However, the event of Trump taking over the White House will be the focus, bringing expected market fluctuations that are huge fluctuations that traders need to pay special attention to.
Economic data to watch out for this week
Monday: US Presidential Inauguration, World Economic Forum Annual Meeting
Thursday: US weekly unemployment claims,
Friday: S&P Flash PMI data, US Existing Home Sales
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold has not yet been able to surpass the 0.236% Fibonacci retracement level, a position that is important resistance for a continued uptrend that readers noticed in the previous issue.
Gold has also decreased and corrected since being under pressure from the 0.236% Fibonacci level, but in general, the downward momentum is not significant with technical conditions still tilting in favor of price increases.
In the coming time, as long as gold remains in the orange price channel, above EMA21 and POC Volume Profile, it still has a bullish outlook. Meanwhile, the up trending RSI maintained its activity above the 50 level, showing that there is still wide room for price growth ahead.
Once gold breaks the 0.236% Fibonacci retracement level it could open a new bullish cycle targeting $2,750 in the short term, more than the all-time high.
The technical uptrend of gold will be noticed again by the following levels.
Support: 2,693 – 2,676USD
Resistance: 2,730 – 2,750USD
SELL XAUUSD PRICE 2741 - 2739⚡️
↠↠ Stoploss 2745
→Take Profit 1 2734
↨
→Take Profit 2 2729
BUY XAUUSD PRICE 2659 - 2661⚡️
↠↠ Stoploss 2655
→Take Profit 1 2666
↨
→Take Profit 2 2671
Will GOLD Break the yearly High this week???We are still bullish on Gold and looking for more breakouts to happen. Price looks like it is currently establishing a Low for the week. We will look it do its think and look for it to show some signs of support before getting active. if we start making Lower Lows we will hold off and wait for breaks in structure. But overall I think there are some good moves to be caught this week cause we could be moving into full volatility.
Falling towards pullback support?XAU/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2,690.10
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 2,674.73
Why we like it:
There is a pullback support level that is slightly above the 78.6% Fibonacci retracement.
Take profit: 2,718.81
Why we like it:
There is a pullback resistance level.
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Bullish momentum to extend?COPPER is falling towards the support level which is an overlap that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 4.2584
Why we lik eit:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 4.1845
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
Take profit: 4.4151
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XAUUSD 19/01/25This week, our analysis on XAU continues with the same bullish bias from last week. After a clean bullish shift last week, we anticipate gold to maintain its upward momentum. As always, Orion guides us on the trading direction, and we follow accordingly.
Currently, we are targeting lows as potential buy zones and highs as key levels to trade into. With recent developments, including Trump becoming president and the current moves in gold, another bullish run appears to be the most probable scenario.
Stick to the plan, trade from the lows into the highs, and always manage your risk effectively.
Trade safe, follow Orion, and stay disciplined.
GOLD - Weekly Forecast - Technical Analysis & Trading Ideas!Midterm forecast:
While the price is below the resistance 2789.95, beginning of downtrend is expected.
We make sure when the support at 2475.27 breaks.
If the resistance at 2789.95 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 2582.95 on 12/19/2024, so more gains to resistance(s) 2726.10 and maximum to Major Resistance (2789.95) is expected.
Take Profits:
2657.88
2601.87
2532.10
2475.27
2380.00
2279.87
2219.63
2145.04
2087.89
__________________________________________________________________
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ForecastCity Support Team
GOLD 30m CHART ROUTE MAP & TRADING PLAN FOR DAILYGold (XAU/USD) Outlook for the Upcoming Week:
The outlook for XAU/USD in the coming week depends on a combination of technical, fundamental, and economic factors, including the Federal Reserve's policy, economic data, and the strength of the U.S. dollar. Here's an analysis based on the provided chart:
Technical Analysis:
Overall Trend:
The chart shows a medium-term uptrend, with higher highs and higher lows forming.
A small pullback is observed toward the end of the chart, which could potentially act as a retracement before resuming the uptrend.
Key Levels:
Support Levels:
$2,700 is the nearest support level.
A deeper support is located at $2,685.
Resistance Levels:
Immediate resistance lies between $2,715 and $2,720.
A breakout above this zone could push prices toward $2,735.
Indicators (if applicable):
Indicators such as RSI or MACD (not shown in the chart) can confirm whether gold is in overbought or oversold territory. If RSI is above 70, it might suggest selling pressure could emerge soon.
Fundamental Analysis:
U.S. Economic Data:
Key economic releases, such as inflation data (CPI) or employment reports, could influence the dollar. Weak U.S. data typically supports gold prices.
Federal Reserve Policy:
Any dovish signals from the Fed, such as reluctance to raise interest rates further, would be bullish for gold as a non-yielding asset.
Geopolitical Risks:
Heightened geopolitical tensions could increase demand for gold as a safe-haven asset.
Forecast for the Week:
If prices hold above the $2,700 support level and break the $2,720 resistance, a continuation of the uptrend is likely.
Failure to hold $2,700 could lead to a decline toward $2,685 or even $2,665.