XAUUSD Potentially BullishOANDA:XAUUSD has remained bullish on the H4 time frame. I would however love to see price coming to retest a key zone around the 2,720 area which was a key resistance area initially. Price has clearly and significantly broken through the resistance and is attempting to find that level as a support. If the zone holds as a new found support, going long will be the next move and I would target the 2,786 area which only falls slightly below the all time high.
On the other hand, if the 2,720 area does not hold as a new found support but price breaks through it and does a retest of same area and then it holds as a new found resistance, we just might see price dropping to the 2695 and may drop even further if the bears remain dominant
Until either scenarios play out, fingers crossed. #XAUUSD about to make another significant move
Do your due diligence, past results does not guarantee future results
Xauusdanalysis
Be Ready ! The Price of GOLD will Rise.Gold (XAUUSD) is on a strong upward trajectory, with signs pointing to higher prices ahead. The market momentum suggests that gold is preparing to break past its previous all-time high (ATH).
The demand for gold as a safe-haven asset is increasing, and key resistance levels are under pressure. If the breakout happens, we could see gold reaching new heights.
Stay prepared, as this move has the potential to offer significant opportunities. Trade with caution and follow your risk management plan!
Stick to shorting goldDear Traders,
As I mentioned in my previous update, we can still consider shorting gold around the 2785 level, anticipating a short-term pullback to the 2770-2760 range.
Currently, gold has reached a high of 2785, just a step away from the previous high of 2790. At this stage, technical indicators have become less significant, with the 2790 resistance zone and the psychological level of 2800 serving as the primary reference points for initiating short positions.
Although gold is demonstrating strong bullish momentum, I sense some signs of a "short squeeze." If profit-taking or a sell-off of profit-holding positions occurs, gold could experience a sharp correction. For this reason, despite the strong uptrend, I remain cautious and refrain from chasing the rally. Instead, I continue to utilize the **2790-2800** resistance zone as a basis for attempting short positions.
Bros, are you still optimistic about the decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Continue and try to short gold with a target of 2760Dear traders.
Gold unexpectedly accelerated during the early hours, surging to around 2778, which was beyond my expectations.Gold has currently reached a maximum of around 2785.
It’s evident that the only significant resistance lies at the previous high of 2790 or the psychological level of 2800, leaving limited upside room. Therefore, I continue to advise against chasing long positions on gold in the short term. At this stage, technical indicators have been significantly overshadowed, and market sentiment has become a more critical factor to monitor.
In the context of short-term trading, I recommend avoiding long positions to reduce the risk of being trapped at high levels in the event of a sharp selloff triggered by profit-taking or liquidation of long positions. Instead, I prefer taking short positions with well-defined stop-loss levels. Even if gold continues to rise and hits the SL, the loss will be manageable, and the capital will remain intact. On the other hand, if a sudden crash occurs, short positions could yield significant profits.
Bros, are you still optimistic about the decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD MAKE NEW RECORD 2840 This chart is an analysis of the XAU/USD (Gold vs. US Dollar) market on the 1-hour timeframe. Here's the breakdown:
1. Trend Overview:
The price is moving in an upward channel (marked by parallel yellow lines), indicating a bullish trend.
There was consolidation earlier, as shown by the blue shaded channel, but the breakout above this zone signals bullish momentum.
2. Key Levels:
Demand Zone (Resistance): 2840. This is highlighted as a potential resistance area where the price may struggle to break higher.
First Take Profit (TP): 2800. This is the initial target for profit-taking based on the analysis.
Stop Loss (SL): 2748. The stop-loss level is set below recent price support to minimize risk in case the market reverses.
3. Price Movement Expectation:
The yellow arrows indicate an expected upward movement. The price is predicted to move towards 2800 (first TP) and possibly continue towards 2840 (demand zone).
Pullbacks or retests are expected along the way to maintain the bullish structure.
4. Risk Management:
The stop-loss at 2748 ensures risk is contained if the upward momentum fails.
The chart suggests entering around the current level (2773) to target the resistance levels while maintaining proper risk-reward.
This setup relies on the continuation of bullish momentum, with clear entry, target, and risk levels defined
GOLD - where is current support? Further rise??#GOLD - perfect move as per our analysis and now we have 2736 37 as a immediate supporting area for today.
Keep close because that is our key level and if market hold it in that case you can see a further bounce above that.
And one thing is keep in mind that 2736 below we will go for cut n reverse in confirmation.
Good luck
Trade wisely
GOLD - Expected Move, agreed??#GOLD.. a perfect move as per our analysis and now market just trade above his yesterday high that was very important before breakout.
now keep close and if market hold yesterday high that is around 2763 then we can expect a bounce from here and hopefully market will touch our upside trend line neck.
good luck
trade wisely
XAU/USD 24 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 January 2025, however, CHoCH positioning has changed, bringing it closer to current price action.
Previous analysis has been met. Following price printing bearish CHoCH, price has printed a further bullish iBOS. This has significantly narrowed the internal range.
Price did not trade into either discount of 50% or H4 demand zone before targeting weak internal high, however, on this occasion I will remain systematic in my approach and revisit later.
Intraday Expectation:
Price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Bearish CHoCH positioning is denoted with s blue dotted line.
It would be useful to remember that Daily TF swing and internal range are bullish.
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.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price printed as per yesterday's analysis by trading down to discount of 50% EQ before targeting weak internal high.
Price has printed a bullish iBOS and subsequently as bearish CHoCH to indicate, but not confirm bearish pulback phase initiation.
Price is now trading within an established internal range
Intraday Expectation:
Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high priced at 2,778.455.
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:
XAUUSD BUY LIMIT ORDERHi everyone.
we have a BOS in higher TF and I think we're starting a pullback. I think these two areas has a good potential to set order.
I'll Update the TPs later but for now our last TP is 2790
Let's see how it reacts to those areas.
Please always consider the risk management.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
XAU/USD Analysis: Strong Bullish Outlook and Key Trading LevelsAs you know, my overall outlook on Gold (XAU/USD) is bullish, and I anticipate a new all-time high in the near future.
However, yesterday, I highlighted the potential for a short-term correction, identifying the 2725-2730 zone as possible support.
While the price did experience a pullback, it didn’t quite reach this level, but my pending sell order wasn’t activated either. As a result, I stayed out of the market.
Looking at price action since the start of the year, it’s evident that every dip has been aggressively bought.
This was especially clear yesterday, as after a significant rally and the test of a key resistance level, the price didn’t even manage to drop to the median line of the ascending channel.
The conclusion is simple: XAU/USD is strongly bullish.
Key Levels and Strategy:
In this context, the only viable strategy is to buy dips. The key levels of interest are:
• 2760 – a critical level to watch for potential entries.
• 2735 – yesterday’s low and another area of potential support.
The next target for a potential high could be set around 2840, based on the current market structure.
Final Thoughts
Given the strong bullish momentum, patience and precise entries will be essential for achieving good risk:reward. Look for pullbacks to the key levels mentioned above as opportunities to join the trend.
Happy trading, and let’s aim for that new all-time high!
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.
GOLD-XAUUSDXAUUSD Gold Analysis: The market is in the center zone, indicating potential for upward movement. Look for buying opportunities as the price approaches support levels. Once the market reaches a strong resistance, it could signal a sell setup. Stay cautious, plan your entry and exit carefully, and manage your risk effectively!
Keep shorting gold, target 2730-2720Dear traders,
During today’s retracement, gold reached an intraday low near 2736 before rebounding above 2750. Will gold continue its upward momentum?
In my opinion, the recent pullback to the 2736 level is far from sufficient to establish a complete correction. Although gold has rebounded above 2750, it has yet to break yesterday’s high. If a lower high forms near the 2760 technical resistance zone, gold is likely to maintain its current downward trend. Furthermore, the formation of a single candlestick with a long lower shadow on the lower timeframes does not constitute strong and reliable support, which suggests limited upside potential. This rebound could also serve as a bull trap, enticing buyers before resuming the decline.
From a short-term trading perspective, I continue to advocate for shorting gold, targeting the 2730–2720 support zone. Bros, are you still optimistic about the decline of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Continue to short goldDear traders, yesterday we adhered to our strategy of shorting gold near the 2760 level, and gold has now retraced as expected to the 2740 level. We closed our short positions around 2741. Although we didn’t catch the absolute bottom, I’m pleased that we secured the majority of the profits. While the majority of the market was chasing long positions, we strategically opted to short gold. This not only yielded significant profits but also protected our capital from being trapped at higher levels during the retracement. A well-executed and commendable trading strategy!
Currently, after testing the 2740 level, gold has rebounded, but the strength of the rebound appears to be considerably weaker. I believe that market sentiment toward gold is shifting, with traders becoming less blindly confident in long positions. If gold’s upward momentum continues to weaken, it could trigger profit-taking among long positions, leading to increased selling pressure.
For short-term trading, I will maintain my preference for shorting gold in the 2750–2760 range.Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
"Gold (XAU/USD) Approaching Key Resistance: Awaiting Bearish RevBased on the chart:
- **Trend Analysis**: Gold is trading within an upward channel, indicating a bullish trend in the medium term.
- **Current Price Action**: The price is nearing the channel's upper boundary, which may act as resistance. A potential rejection could lead to a correction toward the channel's lower boundary.
- **Key Levels**:
- Resistance: Around 2,760–2,765.
- Support: The lower boundary of the channel is near 2,730.
- **Bearish Scenario**: A confirmation of bearish reversal (e.g., bearish candlestick patterns or a lower high) could signal a move toward the midline or lower boundary of the channel. A break below 2,750 would strengthen the bearish case.
- **Bullish Continuation**: If the price breaks above the upper channel resistance, further bullish momentum might drive it toward higher levels.
It is advised to wait for a clear **bearish confirmation** at resistance before shorting to align with the channel's trend dynamics.
XAUUSD NEW SIGNALHello everyone
Right now market is moving sideways on 30min time frame we can see strong support and resistance
We have to wait for it to be break for confirm trade we have two scenarios
1) If candle break and close above our resistance and the next candle breaks its high then we can buy long
2) Or If any candle break and close below our support and the next candle breaks its low then we can sell short
Always remember to follow proper money management
Risk 10% of your trade
GOOD LUCK
Short-Term Red Flags for Gold: Key Levels to WatchAs you know, I’ve been bullish on Gold for the past two weeks, anticipating a rise to around 2760 and potentially a new all-time high (ATH).
However, while my overall bullish outlook remains unchanged, there are some short-term red flags to consider.
Looking at the posted chart, we can see that yesterday, Gold broke above the channel’s resistance. Typically, such a breakout would lead to upward acceleration, at least in theory. Instead, the price touched the 2763 resistance level and then began rolling back down.
If Gold breaks back below the previously broken resistance, we could see a retest of the lower boundary of the channel, which sits around 2720 (a confluence support zone roughly 300 pips below current levels).
In conclusion, unless bulls can successfully push above 2760, the likelihood of a correction increases. While it’s a risky play, aggressive traders might consider shorting the market under these conditions.
XAU/USD 23 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 January 2025, however, CHoCH positioning has changed, bringing it closer to current price action.
Previous analysis has been met. Following price printing bearish CHoCH, price has printed a further bullish iBOS. This has significantly narrowed the internal range.
Price did not trade into either discount of 50% or H4 demand zone before targeting weak internal high, however, on this occasion I will remain systematic in my approach and revisit later.
Intraday Expectation:
Price to print bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Bearish CHoCH positioning is denoted with s blue dotted line.
It would be useful to remember that Daily TF swing and internal range are bullish.
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.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
As per yesterday's analysis, price printed a bearish CHoCH to indicate, but not confirm bearish pullback phase initiation, however, you will note I have marked the bearish CHoCH and bullish BOS in red. This is because pullback depth was not sufficient as price did not retrace to either discount (or anywhere near) of 50% EQ or M15 demand zone, therefore, I will monitor and continue to reevaluate as price prints.
Price has printed a higher high with a further bearish CHoCH.
We are now trading within an established internal structure which I will continue to evaluate.
Intraday Expectation:
Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high priced at 2,763.435
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:
Gold prices gain momentum from Trump's tariffsGold prices hit a more than 11-week high in afternoon trading on January 22, not far from last year's record, driven by safe-haven demand amid uncertainty over US President Donald Trump's trade policies and a weak US dollar.
Spot gold rose 0.3% to $2,751.89 an ounce at 12:02 (Vietnam time), after hitting its highest since November 1 earlier in the session, and nearing a record $2,790.15 an ounce set in October 2024. US gold futures also rose 0.3% to $2,768.40 an ounce.
There is still some uncertainty regarding the timing of Trump’s tariff plans with major US trading partners, which has created uncertainty about the direction of the US dollar, which is the main short-term catalyst for gold prices, said Kelvin Wong, senior market analyst for Asia Pacific at OANDA.
Gold’s appeal as an inflation hedge could be dented if Mr Trump’s policies, which are seen as inflationary, lead the US Federal Reserve to maintain high interest rates for a prolonged period. Higher interest rates reduce the appeal of gold, which does not pay interest.
Stick to shorting goldAs mentioned in my previous analysis, although gold remains in a clear uptrend, the signs of a short squeeze are increasingly evident. Therefore, in short-term trading, we should refrain from chasing long positions at this stage. If gold fails to decisively break through the 2760–2765 resistance zone, a significant corrective move could occur at any time, which is why my current focus remains on shorting gold.
From the current price structure, we can observe a pattern where gold rallies by $60–65 following each confirmed bullish signal, only to retrace by $40 thereafter. Since the last confirmed bullish signal, gold has already advanced $62, indicating a high probability of a $40 correction based on this historical pattern. This means gold could retrace to test the 2740–2730 support range or even approach the 2720 level during this phase of consolidation.
This is precisely why I prefer shorting gold in the current scenario. As my trading plan, I initiated a short position near the 2760 level and continue to hold it. Let’s aim to capitalize on this opportunity and secure profits from the downside ahead of most market participants. Here's to a promising outcome!
Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Start shorting goldDear Traders,
Gold has now surged above 2750, with bullish momentum remaining robust. It appears that gold is showing signs of attempting to challenge the previous high of 2790. However, as prices continue to rise, the risks also increase. For short-term trading, I would avoid chasing long positions unless there is a significant pullback opportunity.
Despite gold's strong upward trajectory, I believe there are indications of a short squeeze. Therefore, I do not advocate aggressively pursuing further long positions at this stage. In the near term, gold faces resistance in the 2760–2765 range. If it fails to decisively break through this level, there is a high probability of a notable correction. Consequently, I currently prefer to explore opportunities to short gold, targeting the 2735–2730 zone, or potentially as low as 2720.
Bros, do you expect gold to retrace in the short term like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
US Dollar Bearish Trend: Key Insights Analyzed**Is the US Dollar Heading for a Bearish Turn? Key Insights to Watch**
The US dollar has been a hot topic lately, and for good reason. With Donald Trump back in office and the motto being *AMERICA FIRST*, the currency’s trajectory is under scrutiny. As many of you know, the Trump administration has historically favored a weaker US dollar and lower interest rates. The rationale? A weaker dollar can boost exports, while lower rates are seen as a way to stimulate economic growth. This approach was a hallmark of Trump’s first term, and it looks like we might see a repeat.
Another key factor to consider is Trump’s focus on increasing crude oil and natural gas production. Higher energy output could lead to lower energy prices, which would further support economic growth. However, this could also weigh on the dollar, as lower energy prices often correlate with a weaker currency.
Looking back to 2016–2017, when Trump first took office, the US dollar initially surged but then reversed sharply in January 2017, marking the start of a prolonged bearish trend. Fast forward to today, and we’re seeing similar patterns emerge. The wedge formation on the Dollar Index suggests limited upside potential, and a break below key support levels—specifically 108 and 107.58—could confirm that a bearish trend is underway. If those levels fail to hold, the next area to watch would be the 107 to 106 demand zones.
This scenario aligns with what we’ve been discussing over the past few weeks. If the Dollar Index breaks below these critical levels, it could signal the completion of the wedge pattern and the beginning of a new bearish phase for the US dollar.
What does this mean for traders and investors? Keep a close eye on the Dollar Index and watch for those key support levels. A break below them could present significant opportunities, but it’s also a reminder to stay cautious and informed.
What are your thoughts on the US dollar’s trajectory? Do you think history will repeat itself, or are there other factors at play? Let’s discuss in the comments!
#USD #Forex #Trading #Economy #Trump #DollarIndex #Investing #Markets