Gold Awaits CPI – Will 2,872 Hold or Break?✅ Gold (XAUUSD) Technical Analysis – CPI Impact in Focus
Gold is currently facing bearish pressure, with expectations of a 3.00% CPI release, which could negatively impact prices. A break below 2,872 is required to confirm further downside movement.
📉 Bearish Scenario (CPI at 3.00% or Higher):
If price breaks below 2,872, it will enter a bearish zone.
A confirmed stabilization below 2,872 will extend the drop toward 2,859 and 2,840.
Further bearish pressure could drive prices to 2,823 if inflation remains high.
📈 Bullish Scenario (CPI Below 3.00%):
If price holds above 2,872, a recovery toward 2,896 and 2,918 is possible.
A break above 2,918 could push gold back toward 2,938 in a bullish reversal.
Key Levels
Pivot Point: 2880
Resistance Levels: 2896, 2918, 2938
Support Levels: 2860, 2840, 2823
Trend Outlook:
Bearish if CPI remains high (≥3.00%) & price breaks 2,872
Bullish if CPI drops below expectations & price holds above 2,872
💬 How will CPI impact Gold? Will it break down or reverse? Let’s discuss in the comments! 👇🔥
Xauusd(w)
XAU/USD (Gold) - H1 Chart - Channel Breakout (12.02.2025)The XAU/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 2835
2nd Support – 2797
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USD/JPY : Another Bearish Move Ahead ? Let's see! (READ CAPTION)By analyzing the daily USD/JPY chart, we can see that, as expected from the previous analysis, the price continued its downtrend, correcting down to 151.
Currently, USD/JPY is trading around 153.620, and I expect it to resume its decline soon from the current zone (153.68 - 155.3).
This analysis will be updated as price action develops. The next potential bearish targets are 152.70, 151.70, and 151.
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 !
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The Main Elements of Profitable Trading Strategy (Forex, Gold)
There are hundreds of different trading strategies based on fundamental and technical analysis.
These strategies combine different tools and trading techniques.
And even though, they are so different, they all have a very similar structure.
In this educational article, we will discuss 4 important elements and components every GOLD, Forex trading strategy should have.
What Do You Trade
1️⃣ The first component of a trading strategy is the list of the instruments that you trade.
You should know in advance what assets should be in your watch list.
For example, if you are a forex trader, your strategy should define the currency pairs that you are trading among the dozens that are available.
How Do You Trade
2️⃣ The second element of any trading strategy is the entry reasons.
Entry reasons define the exact set of market conditions that you look for to execute the trade.
For example, trading key levels with confirmation, you should wait for a test of a key level first and then look for some kind of confirmation like a formation of price action pattern before you open a trade.
Above, is the example how the same Gold XAUUSD chart can be perceived differently with different trading strategies.
3️⃣ The third component of a trading strategy is the position size of your trades.
Your trading strategy should define in advance the rules for calculating the lot of size of your trades.
For example, with my trading strategy, I risk 1% of my trading account per trade. When I am planning the trading position, I calculate a lot size accordingly.
Position Management
4️⃣ The fourth element of any trading strategy is trade management rules.
By trade management, I mean the exact conditions for closing the trade in a loss, taking the profit and trailing stop loss.
Trade management defines your actions when the trading position becomes active.
Make sure that your trading strategy includes these 4 elements.
Of course, your strategy might be more sophisticated and involve more components, but these 4 elements are the core, the foundation of any strategy.
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XAUUSD is on structural support on H4As in our recent previous commantary we mentioned our selling order which Tp has been hit with 130 pips.
What possible scenario do we have?
We are still expecting the little correction towards at 2855-2860 if 2880 structural support break 2855-2860 on mark.
On the other hand ,for buyers if H4 Candle closes above 2890 our eyes will be again at 2930 structure.
Today CPI Fundamental is also on alert ⚠️
GOLD On The Rise! BUY!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2880.7 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2895.0
Recommended Stop Loss - 2872.9
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
GOLD - Price can continue to move up inside rising channelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price started to trades inside flat, where it at once broke $2745 level, but soon fell back to support area.
Next, price bounced up to the top part of flat and then corrected back to support area, where it some time trades.
After this, Gold exited from support area and soon exited from flat and continued to move up inside rising channel.
In channel, price corrected to support line and then in a short time rose to $2850 level and broke it.
Then price reached resistance line of channel and fell to support area, after which it continued to move up.
So, I think that Gold can make a correction and then continue to move up to $2945 resistance line of channel.
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GOLD: Still in breakout, first down closing day!Hello everyone and welcome back to my channel, I don't share very often, also because I try to put many informations and details in what I describe.
First of all, as always, this is not a trade recommendation, neither a forecasting to know what the market is going to do or which direction is going to take.
My job, as a trader, is taking best trade setups, regardless the direction and what other people think. Guessing is 50/50, taking best trade setup is 90/10 😉
Gold.. is apparently in an interesting situation and today, is the only market I'm going to follow, and potentially be looking for a setup after major red news release at 10am NYT.
It can actually setup either for a short scenario, going to complete the 3 days pump and dump from Monday, or keep going higher considering the overall strong uptrend. But let's analyse both the scenarios, having a deeper look.
Little premise, January was a trending month, so I don't expect crazy shorts all in during a couple of days...
Previous week, beginning of the month, the market kept pushing higher, placing a little lower low on Thursday, stops eventually are placed below that level and in the future can be a level where the market can retest (stopping everybody still holding long positions).
Monday, the market broke through the weekly high, closing in breakout (This is what I consider a pump day)
Tuesday, Asian session pushed higher, placing the "all time high" and strongly reversing back inside the range of Monday, closing eventually as a first red day.
Today, Wednesday, the market is consolidating into the Tuesday's LOD, and as well the weekly breakout level, that's why this market can be pretty tricky and is important to identify the right setup.
SHORT SCENARIO
As I previously said, this can be a pump and dump in 3 days, and the first red day, up high into the "all time high", can be the beginning of a short move.
Obviously this market can blow off with news at 10am (look picture)
or it can start the retest of the current weekly high, consolidating up high for better filling and stronger market for a short move during the upcoming days ( we still have Thursday and Friday)
LONG SCENARIO
But very important, the market is still trending higher, Tuesday place a higher high and the consolidation down low, above the last weekly level, can be preparing for a bullish major move, today, and/or during the next days.
So.. how will I take advantage of it?
The days is keep going, news are on schedule, what I will do is:
1. Waiting for news to be released
2. After the news:
- Is the market setting up for a long trade? (buy low opportunity), then I will be targeting the current HOW
- Is the market setting up for a short trade? (sell high opportunity), then I will be targeting the current LOW and if the market keep blowing off, I would be willing to target as well the Thursday's low.
During the NY session I will be updating this post :)
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Thanks and have a good trading day!
Gianni
GBP/CAD Bullish Rebound Fibonacci Support Signals 1.8200 Target GBP/CAD is trading at approximately 1.7800. Our target price of 1.8200 suggests an anticipated upward movement of 400 pips. This projection aligns with a bullish outlook, particularly as the pair appears to be finding support between the 50% and 61.8% Fibonacci retracement levels.
Technical analysis indicates that GBP/CAD is approaching a pullback support level near 1.7806, which aligns with the 50% Fibonacci retracement. This area may serve as a foundation for a potential bullish bounce toward the first resistance level at 1.7968. The confluence of the Fibonacci retracement and support levels strengthens the case for a rebound.
Fundamentally, the British Pound has been influenced by the Bank of England's interest rate decisions, while the Canadian Dollar has faced pressure from declining oil prices. These factors contribute to the current bullish sentiment for GBP/CAD.
In summary, GBP/CAD is exhibiting bullish potential, supported by key technical levels and fundamental factors. Traders should monitor the 1.7806 support level and the 1.7968 resistance level, as well as broader economic indicators, to make informed trading decisions.
Gold Price Analysis: Is a Deeper Pullback Coming?Since the beginning of the week, I have been writing that although the overall trend remains bullish, Gold is due for a correction.
Indeed, after a blow-off top to a new all-time high of 2943, the price started to decline and reached the confluence support zone at 2885.
At the time of writing, the price has returned to this support level, and there is a high probability of a break below this level, leading to a continuation of the correction.
In such a scenario, traders could anticipate a test of the 2840 support zone.
My strategy is to look for selling opportunities on rallies above 2900.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
price on sideways#XAUUSD price have been declining between 2894-2887, now possible sideways is overtaking because the candlestick movement is repeating. Now we await for double breakout above 2909 for bullish, TP 2940-2950,SL 2900. Below 2881 have bearish but its won't last long, Tp 2876-2870,Sl 2886. Below those zone have bullish retracment.
GOLD at a Turning Point: Potential Breakdown Ahead?OANDA:XAUUSD is currently testing the lower boundary of its ascending channel. A decisive break below this trendline could signal a shift in market sentiment, potentially weakening bullish momentum and increasing the likelihood of bearish pressure.
If price breaks below the current support and then retests the zone as resistance, sellers may take control and drive the price lower. A confirmed rejection at this level could lead to a bearish continuation toward the 2,829 support level, which represents a logical target within the current market structure.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, to validate potential short positions.
Gold📌 🔻 Sell Scenario (If Price Stabilizes Below 2900)
Entry: Below 2885
Stop Loss: Above 2905
Target 1: 2855
Target 2: 2830
Target 3: 2800
Success Probability: 75% (High probability due to overbought conditions and strong resistance)
Summary
✅ Key Resistance Zone: 2942.65 - 2952.88
✅ Key Support Zone: 2850 - 2825
✅ Primary Scenario: Price correction towards 2850 - 2825 before continuing the uptrend
✅ Alternative Scenario: If 2942 breaks, a rise towards 2975 - 3000 is likely.
POWELL SPEECH AND XAUUSDPowell’s Testimony Today: What It Means for Gold
Gold is trading at record highs, breaching $2,942/oz, as markets gear up for Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress today. His remarks will likely set the tone for gold and broader market movements in the coming weeks.
What’s Driving Gold Right Now?
1️⃣ Safe-Haven Demand: Uncertainty around U.S. trade policies, including new tariffs on steel and aluminum imports, has pushed investors toward gold as a hedge against economic turbulence.
2️⃣ Dollar Strength vs. Gold: A stronger dollar can weigh on gold prices, while dovish signals from the Fed typically weaken the dollar, supporting gold.
3️⃣ Inflation Risks: Rising inflation expectations due to tariff-driven cost pressures may also influence gold, which is traditionally seen as an inflation hedge.
What to Expect from Powell’s Testimony
Powell’s testimony is critical because it will give markets a clearer view of how the Fed plans to navigate the current economic challenges.
📊 Scenario 1 – Dovish Signal:
If Powell emphasizes patience in rate adjustments, focusing on the need for stability amidst trade policy uncertainties, gold could rally further. A dovish tone would likely weaken the dollar and increase demand for gold as a safe haven.
📊 Scenario 2 – Hawkish Signal:
If Powell shifts the narrative toward combating potential inflationary pressures, it could signal a more aggressive Fed stance. This might strengthen the dollar and lead to a pullback in gold prices.
Why This Matters for Traders
Gold is at a critical inflection point, and Powell’s tone could either reinforce the current uptrend or trigger a correction.
Watch how the market reacts to his comments on inflation, tariffs, and economic risks. His stance could influence gold’s direction not just today but for weeks ahead.
Key levels to watch: $2,950 (immediate resistance) and $2,900 (support). A breakout above resistance could open doors to new highs, while a break below support might signal short-term bearish momentum.
Stay tuned and be prepared for potential volatility. Powell’s testimony is one of those market-moving events that traders simply cannot ignore.
#gold #Fed #trading #Powell #forex #marketupdate
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Tariff policy can increase inflation in the USDespite turning down today, world gold prices still maintain an upward trend due to concerns about global trade conflicts provided by US President Donald Trump's new tax regimes.
Gold price on February 12: Suddenly plummeted, buying price of gold pieces decreased by 1.3 million VND/tael photo 2
World gold price chart on December 2. (Photo: kitco.com)
Currently, gold is still affected by tariffs and statements by US Federal Reserve Chairman (FED) Jerome Powell.
US President Donald Trump's announcement of 25% tariffs on imported steel and aluminum, produced without exceptions or exemptions, has raised the stakes on conflicting trade stocks.
The FED Chairman said that the FED is in no hurry to cut interest rates when the economy is still strong and inflation is still above the target level of 2%.
🔥 GOLD SELL 2890 2892 🔥
✔️TP1: 2880
✔️TP2: 2870
✔️TP3: OPEN
🚫 SL: 2901
XAU/USD 12 February 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 11 February 2025.
As mentioned in yesterday's analysis dated 10 February 2025 that it is highly likely price will print a bullish iBOS is how price printed.
Price is currently trading within an internal low and fractal high.
ChoCH positioning to indicate, but not confirm bearish pullback phase initiation is denoted with a blue dotted line.
Intraday Expectation:
Price to continue bearish and react at either discount of internal 50%, or H4 demand zone, before targeting weak internal high, priced at 2,942.780.
Alternative scenario:
Given HTF (Daily and Weekly) have also printed bullish iBOS' it would not come as a surprise if price printed a bearish iBOS.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 11 February 2025.
Price printed as per yesterday's analysis whereby it was mentioned price to print bearish CHoCH to indicate bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or nested H4/M15 demand zone before targeting weak internal high priced at 2,942.780.
Alternative Scenario:
As all HTF's are in bearish pullback phase it would be viable if price targeted strong internal low, printing a bearish iBOS.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart: