$2946 as a target for the Gold ?I think that the price of the gold could go up to $2946 that is, according to my view, a major Fibonacci level in the weekly timeframe.
Futures market
Gold trade with buy an sell levels high pip count This week we are looking to enter a buy first, expecting market to reverse from that 600 pip downtrend up to previous support from the 4 hour before reversing again to support at 2914.
For entries first a buy to 2887 monitor expecting a reversal at 2914 to 2916 area where we enter a sell to previous support at 2852 to 2850.
The buy should run 265 to 270 pips and then the sell from 2914 should run 627 to 260 pips.
trade is based on higher time frame trend lines with support and resistance and fibonacci levels.
For example the 0.236 fib level at 2815 is our sell entry .
As always with these type of trades wait for proper conformation , use proper risk management .
levels should hold until hit so patience is key.
Major news will have an effect on these but that's something we don't have control over
GOLD on bigger timeframe Gold may touch the psychological level of 3000 with the current candle formation. However, we see a sharp drop high the likely at least 50% return of gain since last year
Follow risk management
Risk no more than one percent per trade
Follow us for more setups
XAUUSD H4 LongExit from the consolidation zone confirms the idea of long position on this instrument. On the lower TFs it is possible to observe consolidation behind the level and expect buying.
#XAUUSDif anyone knows about this pattern...then please leave a comment.....i guess gold is grabbing a liquidity, to make it new high......will not happen soon ,but at the end of december we might can see the buy zone...
Gold Hits New Highs –Will Tariff Tensions Push It Toward $3,000?Gold (XAU/USD) Technical Analysis – February 19, 2025
Gold continues its bullish momentum, hitting a new all-time high, driven by safe-haven demand amid trade war tensions and economic concerns. U.S. President Donald Trump’s announcement of a 25% tariff on autos has fueled further upside, along with expectations that central banks will continue buying gold to diversify reserves.
Investors are also watching the Federal Reserve’s meeting minutes, which could impact short-term market sentiment. However, any bearish impact from today’s FOMC minutes release is expected to be short-lived, keeping gold's bullish outlook intact.
Technical Outlook
Bullish Scenario: Gold remains bullish above 2,935, with the next upside targets at 2,956 and 2,974.
Bearish Scenario: A break below 2,935 could lead to a retest of the 2,920 breakout zone. Further weakness below this level may push the price toward 2,909 and 2,895.
Key Levels to Watch
🔹 Pivot Point: 2,935
🔹 Resistance Levels: 2,956, 2,974
🔹 Support Levels: 2,920, 2,909, 2,895
📈 Directional Bias: As long as gold trades above 2,935, the bullish trend remains dominant, targeting 2,956+. A break below 2,935 could trigger a correction before resuming the uptrend.
💬 Will gold push toward $3,000 on tariff tensions, or will we see a pullback first? Drop your thoughts! 👇🔥
xauusd Hello friends, I created an indicator that shows buying and selling and sets the profit and loss limits automatically and on gold it works on its own in low time frames and as you can see, gold reached the profit limits in time frames 5 and 15.
XPTUSD H1 ShortRecommendations
Entry Point Analysis: The planned entry point at 970.90 USD is below the current price, which could be a good entry opportunity if the price continues to decline. Check the charts and confirmations to see if the trend continues.
Set stop loss: The stop loss at 990.20 USD is reasonable and allows you to limit your losses if the price goes against your position.
Take profit target: The take profit at 950.70 USD shows a good risk/reward ratio. If the trend continues, reaching this target is possible.
NASDAQ Important Trend to keep an eye on. The blue trend indicates that if the price action breaks through it we may very well see a rise in price. It is just a psychological price action structure.
However, if we are speaking fundamentally then NASDAQ and US economy is bullish in general.
XAUUSD WANT BULLISH SIDE AT 2944🚨 XAU/USD Analysis Update 🚨
🔥 Breakout Alert! 🔥
XAU/USD has successfully broken through its resistance zone and is now eyeing further bullish movement.
📍 Current Resistance Zone: 2942
📍 Immediate Target: 2944
📍 Technical Target: 2990
⚖️ Support Zone: 2885
With the breakout in play, expect more bullish momentum to drive the price higher. Keep an eye on 2942 as the key resistance, with 2944 offering a short-term focus. If the price continues upward, 2990 could be the next milestone.
💡 Pro Tip: Keep your stop-loss around 2885 to manage risk and watch for any pullbacks around the resistance zones.
Stay focused and trade smart! 📈💪
Gold may set a new high, aiming directly at the 3,000 mark!Gold fell briefly under the double top pressure at the high point of 2942, and then took a small wave of correction. Yesterday, it rose again and the price approached 2940. It has been trading sideways at a high level from the opening of the market this morning to the afternoon. Will the market form a three-top top pattern or will it hit the 3000 mark?
From a technical point of view, the strong in the bull market often encounters resistance. Generally, it will be tested many times and form a break-up and rising market. The magnitude of the suppression of the decline will not be too large, so the resistance of the bull trend market is used to break the position. The probability of winning by following the trend is far greater than that of winning by going short against the trend.
If you look at the three-top top pattern near 2942, the price will generally fall rapidly after touching it, and close with a long upper shadow line. Only when it meets this pattern can you see the top. But now it is obviously not. Instead, it continues to fluctuate sideways near the high point, accumulating momentum to rise. It is only a matter of time before it breaks. The probability of breaking today is very high, and it may set a new high and point directly to the 3000 mark. If the European market goes up and falls back in the evening, there will be a second rise.
It's just that the price is hard to find here. You can focus on the 2930 line to be bullish, or you can go long without waiting for a pullback and see a breakout and rise. The watershed is 2924. If it falls below this position today, it will be meaningless to be bullish. The upper pressure is 2950-2960! If it breaks the high, it will continue to rise in the evening. If it falls back, it can rise again.
In terms of trading, yesterday's intraday fluctuations rose, the European session was long at 2908, and the profit was successfully stopped at 2919 in the evening, winning 11 US dollars. After the long order stopped profit at 2919, it was directly shorted. The US session continued to rise and the stop loss was at 2926, losing 7 US dollars; two orders made a profit and one loss, making a small profit of 4 US dollars.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Not a bad day, we wanted lower, however, we saw the flip so short trades were break even after partials. We identified our intra-day levels, the bias fitted well and we gave the higher targets to our team which were all achieved for the day as well as our Excalibur targets and the manual trades on the red boxes.
So now we're a little higher than we anticipated and again in an order region which entails cautions. We would ideally like to see this pull back into the 2920 region and break back below it, however, if we do find support below, it's likely we will be targeting the higher levels again which if you look carefully, is the top of a forming range.
For now, we've taken more than enough, we want to see how this closes and how we open tomorrow.
From Camelot this morning:
KOG’s Bias of the day:
Bullish above 2902 with targets above 2920✅ and above that 2924✅
Bearish on break of 2902 with targets below 2894, 2887 and below that 2880
RED BOXES:
Break above 2916 for 2920✅, 2927✅ and 2930✅ in extension of the move
Break below 2902 for 2895 and 2890 and 2887 and 2882 in extension of the move
Summary:
There is a slight break on the red boxes with 2919-21 as an open target, Mi a little high however, so let’s keep an eye on the 15min and see if we can pull back into the 2907-10 region and support. I would say that’s today’s key level (2910) which if held should give us 2920✅, 2924✅ and 2929✅. There was a short yesterday, but the move didn’t complete so if protected and managed it would have broken even.
As always, trade safe.
KOG
USOIL - high placed? whats next??#USOIL... market just placed a high and if market hold it in that case we can see a drop from here.
don't be lazy here guys.
stay sharp
good luck
trade wisely
US OIL BULLISH 73Hey there on 1HTF US oil change there ways we now can see at this level we should see a bullish continue will reach next ath record 73 and 73.50
But if the price decline and comes downside and then we should see next support level is
Of US oil from 72 and 71.50 must be bullish candle to our next target 73 and 73.50
Closing my order with ProfitAs discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order throughout yesterday's session which delivered no results as Gold was fluctuating almost throughout whole session (closed on breakeven). I have however engaged Buying order on #2,912.80 with tight Stop (optimal Target remains #2,927.80 Resistance in extension."
My Buying order is closed with Profit hitting the Target (#2,912.80 - #2,927.80) delivering excellent Profit.
My position: My order has been closed a bit earlier however I don't mind since other way my order would be active over-night where I wouldn't be in situation to maintain my order. I am satisfied however with #15-point Profit as I do expect Gold to continue soaring towards #3,000.80 benchmark if #2,952.80 benchmark gives away. Gold is soaring as well know safe-haven and Tariff's talks resurfacing. Congratulations to Traders who followed my calls.
Closing my order with ProfitAs discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order throughout yesterday's session which delivered no results as Gold was fluctuating almost throughout whole session (closed on breakeven). I have however engaged Buying order on #2,912.80 with tight Stop (optimal Target remains #2,927.80 Resistance in extension."
My Buying order is closed with Profit hitting the Target (#2,912.80 - #2,927.80) delivering excellent Profit.
My position: My order has been closed a bit earlier however I don't mind since other way my order would be active over-night where I wouldn't be in situation to maintain my order. I am satisfied however with #15-point Profit as I do expect Gold to continue soaring towards #3,000.80 benchmark if #2,952.80 benchmark gives away. Gold is soaring as well know safe-haven and Tariff's talks resurfacing. Congratulations to Traders who followed my calls.
GOLD NEXT LEVELS COMING SOON !!!HELLO TRADERS
As I can see Gold is moving accordingly our previous analysis which we had attached with this chart a low boost is an issue that idea dose not goes more viral in other communities so many traders missed a golden pin entry was from 2539 so kindly boost more and share in other peoples
lets talk about Gold its technically with fundamentally more bullish chart is crystal clear easy to ready match this chart with previous analysis of past week you will get more clues so friends its the Golden age period of trading history make a proper analysis before getting any trade
Stay Tuned from more updates
Natural Gas Price Hits Highest Level Since January 2023Natural Gas Price Hits Highest Level Since January 2023
The XNG/USD chart today shows that natural gas prices have surpassed the December 2024 peak, breaking through the key psychological level of $4.000/MMBtu. Since early February, prices have surged by over 20%.
Why Is Natural Gas Price Rising?
According to The Wall Street Journal, the bullish sentiment is driven by:
→ Weather models confirming forecasts of a significant cold spell.
→ LNG exports remaining at record highs.
Additionally, US gas exports may increase further after President Trump lifted the pause imposed by the Biden administration on new LNG export projects. Bloomberg reports that Trump’s administration is close to approving its first LNG export project.
Technical Analysis of XNG/USD
The price movements are forming an upward channel (marked in blue) on the chart:
→ Prices are currently near the upper boundary of this channel.
→ The RSI indicator is in the overbought zone.
→ The price briefly exceeded the $4.000/MMBtu psychological level.
→ Buyers may look to secure profits after the recent sharp gains.
Given these factors, traders may anticipate a potential pullback, which—if it occurs—could bring natural gas prices back towards the channel’s median level.
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Gold (XAUUSD) 1H Analysis: Potential Rebound from FVGGold is currently trading at $2,927, showing signs of price rejection from a weak high at $2,942.65. The market structure suggests that a retracement could be underway before further directional movement.
Break of Structure (BOS) is evident at multiple points, indicating bullish momentum.
Change of Character (ChOCH) around previous support-turned-resistance, signaling a potential short-term reversal.
The price is currently testing a 1H Fair Value Gap (FVG) as a possible demand zone.
Key Levels
Resistance: $2,942.65 (Weak High), $2,939.62 (Recent High)
Support: $2,914.80 (Demand Zone), $2,888.48 (Major Support)
Trade Setups
A short position from the weak high zone ($2,942.65) with targets at $2,914.80 could be favorable.
If the price holds above the 1H FVG zone, a bullish continuation could be possible.
Confirmation via candlestick rejection or bearish engulfing around $2,942 would add confluence for shorts. A break above $2,942 with volume could invalidate the bearish bias and lead to new highs.
Gold’s recent bullish rally is facing resistance at a weak high, with a possible retracement toward key demand zones. Traders should monitor price action around the 1H FVG and structural levels for potential trading opportunities.
Would love to hear your thoughts! 🚀📊 #XAUUSD #TradingView #GoldAnalysis #SmartMoneyConcepts
AlgoTrade | Gold [1H] Trade#1 LongHi Friends
My algo has just signaled me to long gold, there's currently a strong upward trend and it could result in a possible breakout.
Stoploss is an automatic trailing stop loss and it's at 2%.
xauusd video analysis for the weekXAU/USD (Gold vs. US Dollar) Analysis: February 17 – Febrauary 25, 2025
This analysis provides an in-depth evaluation of gold’s potential trajectory over the specified period, integrating fundamental drivers, technical indicators, and expert forecasts. Key factors influencing gold include geopolitical risks, monetary policy shifts, inflation trends, and technical patterns.
1. Fundamental Drivers
A. Geopolitical and Economic Uncertainty
Trade Tensions: The U.S. administration’s recent tariffs (e.g., 25% on Mexican and Canadian imports, 10% on Chinese goods) have amplified global trade risks, increasing demand for gold as a safe-haven asset.
Middle East and China Risks: Escalating geopolitical tensions in the Middle East and a slowdown in China’s economy (evidenced by a decline in the Caixin PMI) are further driving investors toward gold.
B. Monetary Policy and Inflation
Fed Rate Cuts: Expectations of two Federal Reserve rate cuts in 2025 and dovish stances from the ECB and BoE are weakening fiat currencies, boosting gold prices.
Inflation Hedge: Persistent inflation, driven by tariffs and supply-chain disruptions, enhances gold’s appeal. Analysts caution that U.S. inflation could exceed targets, forcing the Fed to reverse rate cuts, which may temporarily support the USD but ultimately favor gold.
C. Central Bank Demand
Central banks, notably China’s PBOC, are accumulating gold reserves to diversify away from the USD, creating structural demand.
2. Technical Analysis
A. Short-Term Signals (February–March)
Momentum Indicators: The RSI (26.05) and Stochastic Oscillator (14.5) signal oversold conditions, suggesting a potential rebound.
Key Levels:
Support: $2,830 (February 10 analysis) and $2,720 (ascending channel lower boundary).
Resistance: $2,887 (immediate target) and $2,900 (psychological barrier).
2. Key Technical Levels
Support Levels:
Immediate Support: $2,880 – This level aligns with the 23.6% Fibonacci retracement from the recent rally.
Critical Support: $2,850 – Represents the lower boundary of the ascending channel formed since late 2024.
Resistance Levels:
Immediate Resistance: $2,920 – A breach could trigger bullish momentum toward higher targets.
Key Resistance: $2,959 – The upper boundary of the channel and a major psychological level.
3. Momentum Indicators
Relative Strength Index (RSI): Currently at 62, indicating bullish momentum but approaching overbought territory.
Moving Averages (MA):
50-Day MA: Positioned at $2,910, offering dynamic support.
200-Day MA: Located at $2,780, signaling long-term strength.
Stochastic Oscillator: Signals potential upside as it exits oversold conditions on the 4-hour chart.
4. Chart Patterns and Trends
Ascending Channel: Gold continues to trade within an ascending channel, maintaining a bullish structure.
Bullish Flag Formation: On the daily chart, a bullish flag suggests a potential breakout if prices sustain above $2,920.
Candlestick Signals: Last Friday’s bullish engulfing pattern highlights strong buying interest.
5. Scenarios for the Week
Bullish Scenario:
A breakout above $2,920 could target $2,965 and $3,000.
Momentum indicators support further upside if geopolitical tensions persist.
Bearish Scenario:
A failure to hold $2,880 may lead to a decline toward $2,850.
Profit-taking or USD strength could pressure gold, particularly if U.S. economic data surprises positively.
Bullish Targets/ Resistance
2890
2906
2928
2934
2959
2972
2987
3023
Bearish/Support
2872
2857
2841
2807
2781
XAUUSD ANALYSIS FOR THE WEEKXAU/USD (Gold vs. US Dollar) Analysis: February 17 – Febrauary 25, 2025
This analysis provides an in-depth evaluation of gold’s potential trajectory over the specified period, integrating fundamental drivers, technical indicators, and expert forecasts. Key factors influencing gold include geopolitical risks, monetary policy shifts, inflation trends, and technical patterns.
1. Fundamental Drivers
A. Geopolitical and Economic Uncertainty
Trade Tensions: The U.S. administration’s recent tariffs (e.g., 25% on Mexican and Canadian imports, 10% on Chinese goods) have amplified global trade risks, increasing demand for gold as a safe-haven asset.
Middle East and China Risks: Escalating geopolitical tensions in the Middle East and a slowdown in China’s economy (evidenced by a decline in the Caixin PMI) are further driving investors toward gold.
B. Monetary Policy and Inflation
Fed Rate Cuts: Expectations of two Federal Reserve rate cuts in 2025 and dovish stances from the ECB and BoE are weakening fiat currencies, boosting gold prices.
Inflation Hedge: Persistent inflation, driven by tariffs and supply-chain disruptions, enhances gold’s appeal. Analysts caution that U.S. inflation could exceed targets, forcing the Fed to reverse rate cuts, which may temporarily support the USD but ultimately favor gold.
C. Central Bank Demand
Central banks, notably China’s PBOC, are accumulating gold reserves to diversify away from the USD, creating structural demand.
2. Technical Analysis
A. Short-Term Signals (February–March)
Momentum Indicators: The RSI (26.05) and Stochastic Oscillator (14.5) signal oversold conditions, suggesting a potential rebound.
Key Levels:
Support: $2,830 (February 10 analysis) and $2,720 (ascending channel lower boundary).
Resistance: $2,887 (immediate target) and $2,900 (psychological barrier).
2. Key Technical Levels
Support Levels:
Immediate Support: $2,880 – This level aligns with the 23.6% Fibonacci retracement from the recent rally.
Critical Support: $2,850 – Represents the lower boundary of the ascending channel formed since late 2024.
Resistance Levels:
Immediate Resistance: $2,920 – A breach could trigger bullish momentum toward higher targets.
Key Resistance: $2,959 – The upper boundary of the channel and a major psychological level.
3. Momentum Indicators
Relative Strength Index (RSI): Currently at 62, indicating bullish momentum but approaching overbought territory.
Moving Averages (MA):
50-Day MA: Positioned at $2,910, offering dynamic support.
200-Day MA: Located at $2,780, signaling long-term strength.
Stochastic Oscillator: Signals potential upside as it exits oversold conditions on the 4-hour chart.
4. Chart Patterns and Trends
Ascending Channel: Gold continues to trade within an ascending channel, maintaining a bullish structure.
Bullish Flag Formation: On the daily chart, a bullish flag suggests a potential breakout if prices sustain above $2,920.
Candlestick Signals: Last Friday’s bullish engulfing pattern highlights strong buying interest.
5. Scenarios for the Week
Bullish Scenario:
A breakout above $2,920 could target $2,965 and $3,000.
Momentum indicators support further upside if geopolitical tensions persist.
Bearish Scenario:
A failure to hold $2,880 may lead to a decline toward $2,850.
Profit-taking or USD strength could pressure gold, particularly if U.S. economic data surprises positively.
Bullish Targets/ Resistance
2890
2906
2928
2934
2959
2972
2987
3023
Bearish/Support
2872
2857
2841
2807
2781
Use RSI Like a GoldmanYou might be wondering, do the traders at Goldman Sachs use the Relative Strength Index (RSI)? The answer is, perhaps they do, and perhaps they don’t. However, based on my experience, I can confidently say that even the most seasoned and professional traders rely on RSI from time to time.
While it may not be their sole tool for decision-making, it’s often included in their broader strategy due to its effectiveness in identifying overbought or oversold conditions in the market. RSI is one of many technical indicators that can serve as a helpful signal in navigating market trends, and even the best traders find it useful on occasion.
When trading with technical indicators like the Relative Strength Index (RSI), having a clear and structured approach is crucial to maximizing its effectiveness. While RSI can be a powerful tool for identifying potential trend reversals, it’s essential to understand the right conditions and context in which to use it.
Below are some key principles and guidelines that can help you apply RSI more effectively in your trading strategy. Whether you’re a swing trader or a day trader, these tips can help you avoid common pitfalls and make more informed decisions in the market.
⚙️ Keep Settings Simple
Keep the RSI settings minimal to avoid confusion. Stick to the standard 14-period lookback, which is widely used and reliable for most market conditions.
📉📈 Ensure Divergence Occurs Outside of Key Levels
Divergence should only be considered when the RSI reaches extreme levels, typically above 70 (overbought) or below 30 (oversold). This helps to identify potential trend reversals. Divergence at neutral levels (like between 40–60) may not be as effective.
🔥 Base Divergence on Candle Closes, Not Wicks
Always look for divergence based on the closing price of candles. Divergence created by wick movements is unreliable and can lead to false signals. Stick to the body of the candle to ensure accuracy.
⏳ Watch the Lookback Period
The RSI’s default lookback period is 14, and divergence with a gap of more than 14 candles is generally less reliable. Wider gaps often signal weak price momentum and a higher chance of failure, so focus on shorter, more recent divergences for better results.
💧 Liquidity Must Be Taken Before Entering Trades
Liquidity is essential when confirming trade setups:
The first high or low should take out liquidity from higher time frames (such as range highs and lows).
The subsequent highs or lows should take out local liquidity, which can be identified by overbought or oversold RSI conditions. Ensure there’s a clear market structure shift before entering trades.
⏰ Timeframe Considerations for Different Trade Types
For swing trades, focus on longer timeframes like the 4-hour chart to capture larger market moves and trends.
For day trades, the 15-minute timeframe is ideal for capturing short-term price action and finer market details.
🔄 Use Divergences for Trend Reversals, in Confluence with Other Analysis
RSI divergence is best used to identify potential trend reversals. However, it should not be used in isolation. Always look for confluence with other technical analysis methods (such as support/resistance levels, moving averages, or candlestick patterns) to increase the reliability of the signal. Combining multiple tools enhances the accuracy of your trade setups.
Stay sharp, stay ahead, and let’s make those moves. Until next time, happy trading!
