Trading
Gold (XAUUSD): Bearish or Bullish? Gold Faces a CrossroadsIf you followed the levels we laid out in November, you’ve likely seen solid gains as TVC:XAU has risen nearly 6% since then. Gold has now reached our targeted area for wave B, sitting comfortably at the 88.2% Fibonacci level ($2,755) and reclaiming the trendline at $2,720 with ease. From our perspective, a downturn in the near future would make more sense, leading to a drop to at least $2,420 per ounce—an area we highlighted in our last analysis.
The macro backdrop adds complexity. On his first day in office, the 47th U.S. President signed over 200 executive orders, sending shockwaves through the markets. Among these actions, President Trump suggested a 10% tariff on Chinese imports starting February 1, alongside potential tariffs on European imports. These moves could strengthen the US dollar, which would typically dampen gold’s appeal as a hedge against inflation while boosting its attractiveness in other scenarios.
If gold continues higher, our count allows for a maximum target of $2,886. Should it exceed this level, we would need to re-evaluate our outlook. For now, we maintain a bearish near-term perspective while monitoring key levels closely.
Key Levels:
Support Levels: $2,720, $2,528 & $2,328
Fibonacci Levels: $2,859–$2,887
Light Crude Oil Futures (CL1!): Setting New LimitsWe’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout.
Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector.
If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled.
Key Levels at the moment:
Support Zone: $67.70–$64.40
Resistance Zone: $85–$88
Potential Reversal or Breakout on GBP/JPY 4HThe market recently broke structure (BoS) to the upside, indicating a shift in momentum. Price is currently approaching a key bearish fair value gap (FVG) and a bearish order block, both of which are potential resistance levels.
The EMA 200 is positioned above the price, further reinforcing bearish bias unless price decisively breaks above the FVG and order block.
Sell-Side Indication:
The presence of a Bearish Order Block and Bearish FVG (Fair Value Gap) indicates potential selling pressure. If price reacts strongly to these resistance zones, it could trigger a sell-off. This aligns with a bearish outlook if rejection occurs.
Buy-Side Indication:
If price breaks above the Bearish Order Block and sustains above the EMA 200, it could signal a continuation of bullish momentum, favoring buyers.
USD/CAD: Will the CAD Recover After Trump's Tariff Plans?A bombshell announcement from US President Donald Trump sparked chaos in the foreign exchange markets, as he hinted at imposing 25% tariffs on imports from Canada and Mexico as early as February. The news sent the Canadian Dollar plummeting to multi-year lows against its US peer, while the US Dollar staged a modest recovery from its overnight slump.
The Canadian Dollar (CAD) found itself under intense selling pressure as investors scrambled to reassess the country's economic prospects in light of Trump's protectionist policies. The currency's decline raised fresh concerns about the country's trade relationships and the potential impact on economic growth.
Meanwhile, the US Dollar (USD) rallied, shrugging off its overnight dip to a two-week low. Market analysts expect Trump's policies to fuel inflation and force the Federal Reserve (Fed) to maintain its hawkish stance, which could boost the value of the US currency.
From a technical perspective, the CAD's price chart is currently trading near a critical supply area around 1.4425. Our analysis suggests that the price has reached a turning point after rejecting the key resistance level of 1.4500. We are looking for a bearish reversal, which could set the stage for further declines in the Canadian Dollar.
The implications of Trump's tariff threat are far-reaching and have significant implications for Canada's economy. As the situation continues to unfold, investors will be watching the markets closely for any signs of a bearish reversal in the Canadian Dollar.
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AUD/USD Surges Past 0.6200: Optimism Fuels the RallyIn the Asian trading session on Monday, the AUD/USD currency pair continued its upward movement, breaking above the 0.6200 mark. Traders are feeling hopeful as they approach the inauguration of US President-elect Donald Trump, despite the People's Bank of China's decision to keep the Loan Prime Rate steady. The Australian Dollar has faced challenges against a robust US Dollar but has managed to recover some lost ground recently, aided by a slight decline in the Greenback's value.
The US Dollar's rally, which started in October in tandem with the so-called "Trump trade," has exerted significant pressure on the Aussie. However, from a technical perspective, the Australian Dollar appears poised for a rebound around the demand zone at 0.6200, suggesting a potential retracement. We are considering a long position in this scenario.
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GBPUSD Is Bullish! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.230.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.241 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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US100 Will Fall! Sell!
Please, check our technical outlook for US100.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 21,855.7.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 21,446.9 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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BITCOIN Will Go Higher From Support! Buy!
Here is our detailed technical review for BITCOIN.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 105,399.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 109,493 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUDUSD Will Go Up From Support! Long!
Take a look at our analysis for AUDUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.632.
The above observations make me that the market will inevitably achieve 0.650 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDUSD Will Go Higher! Buy!
Please, check our technical outlook for NZDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.571.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.580 level soon.
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.
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XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing great. Let me share my personal view on XAUUSD (Gold) with you.
Based on what I see on the chart, I expect gold to make a small pullback to the 2760–2763 zone. From there, it might push higher, aiming for new all-time highs. However, if 2735.67 is broken, I anticipate a further decline.
📈 Expectation:
Bullish Scenario: A pullback to 2760–2763 followed by a rally targeting:
1️⃣ 2,800 (Psychological Level)
2️⃣ 2,825 (Psychological Level)
3️⃣ 2,850 (Psychological Level)
Bearish Scenario: A break below 2735.67 may lead to further downside movement.
💡 Key Levels to Watch:
Resistance Levels: 2800 / 2825 / 2850
Support Level: 2735.67
💬 What’s your perspective on XAU/USD ? Share your analysis in the comments!
Trade safe
GBP/NZD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are going long on the GBP/NZD with the target of 2.235 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/CHF is making a bullish rebound on the 12H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.104 level.
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GBP/JPY SHORT FROM RESISTANCE
Hello, Friends!
GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 194.854 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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World gold price todayIn the international market, at 6:00 a.m. on January 24, the world spot gold price was $2,753/ounce, down $7 from the highest price in the overnight trading session of $2,760/ounce. However, the gold price later rose to a new high, around $2,770/ounce, up nearly $20/ounce compared to today.
According to Jim Wyckoff, senior analyst at Kitco Metals, recent better economic data from the US suggests that the Fed may have to delay cutting interest rates longer and the higher interest rate environment increases the opportunity cost of holding Lis gold.
This expert commented that in the US stock market, stock investors are trading very strongly, so gold is less interested.
Another factor that investors are paying attention to is that President Trump announced that he would impose tariffs on goods from the European Union and is considering applying a 10% tax on Chinese imports from February 1.
However, if these policies are considered to be inflationary, causing the Fed to maintain high interest rates for a long time, the attractiveness of gold as an inflation hedge may decrease.
NZD-USD Bullish Breakout! Buy!
Hello,Traders!
NZD-USD was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up
Buy!
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Check out other forecasts below too!
NBIS Nebius Group Among My Top 10 Picks for 2025 | Price TargetNebius Group N.V. (NBIS) presents a compelling bullish case for a potential doubling of its stock price by the end of 2025, driven by several fundamental factors that highlight its growth trajectory within the rapidly expanding AI infrastructure market.
NVIDIA Corporation (NVDA) has made a significant investment in Nebius Group N.V. (NBIS), contributing to a $700 million funding round aimed at expanding Nebius's AI infrastructure capabilities. This investment aligns with NVIDIA's strategic focus on enhancing its presence in the rapidly growing AI market.
Explosive Revenue Growth:
Nebius Group has demonstrated remarkable revenue growth, with Q3 2024 revenues reaching $43.3 million, representing a 1.7-fold increase compared to the previous quarter and a staggering 766% year-over-year increase. This surge is primarily driven by the company's core AI infrastructure business, which grew 2.7 times quarter-over-quarter and 6.5 times year-over-year. Analysts expect this momentum to continue, projecting annual revenues of approximately $731.96 million for 2025, reflecting a robust demand for AI-centric services and solutions.
Strategic Investments in AI Infrastructure:
The company is heavily investing in expanding its GPU cluster capabilities and data center capacity, with plans to allocate over $1 billion towards these initiatives. This strategic focus on enhancing AI infrastructure positions Nebius to capture significant market share as the global demand for AI technologies continues to rise. The annualized run-rate for its cloud revenue has already surpassed $120 million, indicating strong customer adoption and a growing client base that includes Fortune 500 companies.
Strong Market Position and Competitive Advantage:
Nebius Group is uniquely positioned within the AI infrastructure landscape, specializing in full-stack solutions that cater to developers and enterprises looking to leverage AI technologies. As businesses increasingly prioritize AI integration into their operations, Nebius's comprehensive offerings make it an attractive partner for organizations seeking to enhance their technological capabilities. The company’s ability to provide scalable solutions will be crucial as the demand for AI services expands.
Healthy Financials and Cash Reserves:
As of September 30, 2024, Nebius reported cash and cash equivalents totaling approximately $2.29 billion, providing a solid financial foundation to support its growth initiatives without excessive reliance on debt. This strong liquidity position allows Nebius to invest aggressively in technology and infrastructure while maintaining operational flexibility 14. Additionally, with gross margins projected to remain robust at around 55% in 2025, the company is well-positioned to improve profitability as revenues grow.
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.