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USOIL Under Pressure! SELL! My dear friends, Please, find my technical outlook for USOIL below: The price is coiling around a solid key level - 76.54 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 75.36 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
TVC:USOILShort
by AnabelSignals
1
GOLD MARKET ANALYSIS AND COMMENTARY - [January 13 - January 17]Over the past week, international OANDA:XAUUSD increased from 2,614 USD/oz to 2,698 USD/oz and closed at 2,688 USD/oz. The main reason is concerns about rising inflation in the US due to President-elect Donald Trump's expansionary fiscal policies, tariffs and tightening immigration policies. Although high interest rates are often detrimental to gold prices, in the context of strong inflation, real interest rates decrease, creating a positive impact on gold prices. That is also the reason why the US non-farm payrolls (NFP) report for December 2024 increased by 256,000 jobs, far exceeding Reuters' forecast of 160,000 jobs and surpassing November's revised figure of 227,000 jobs, but gold prices still increased sharply this week. With the inauguration day (January 20, 2025) of President-elect Donald Trump approaching, it is likely that next week's gold price will still be supported. Because Mr. Trump's expected policies, especially expansionary fiscal policy, tariff policy, and immigration policy, will all have the risk of increasing inflation. In particular, although tariff policy can reduce the US trade deficit, it will push up consumer prices. Tighter immigration policies will increase labor costs, causing product prices to increase, thereby also risking increasing the consumer price index... Meanwhile, the FED has announced that it may only cut interest rates once this year, or may not even cut interest rates this year, if Mr. Trump's above-mentioned policies push US inflation to skyrocket. 📌Looking at the chart, next week's gold price will likely continue to move upward with the next important resistance levels being 2,725 - 2,790 USD/oz. Meanwhile, the level of 2,585 USD/oz is an important support level for gold prices next week. Notable technical levels are listed below. Support: 2,676 – 2,664USD Resistance: 2,693 – 2,700USD SELL XAUUSD PRICE 2761 - 2759⚡️ ↠↠ Stoploss 2765 BUY XAUUSD PRICE 2649 - 2651⚡️ ↠↠ Stoploss 2645
OANDA:XAUUSD
by Xayah_trading
HelenP. I Gold will rebound down from resistance zoneHi folks today I'm prepared for you Gold analytics. In this chart, we can see how the price rebounded from the trend line and rose to the support level, which coincided with the support zone and broke it. Then price continued to grow and later reached the resistance level, which coincided with the resistance zone and even broke this level and rose a little more. After this, Gold turned around and made impulse down to the support level, breaking the resistance level, after which turned around and started to grow. Later, Gold reached the 2690 level one more time and broke it one more time, but this time it rose a little higher than the past breakout, to 2726 points. After this movement, the price in a short time declined to the support zone, breaking resistance with the support level and also the trend line too, and then started to grow inside the upward channel. In the channel, the price grew to the trend line and recently it even entered to resistance zone, exiting from the channel. But soon, Gold started to decline and for this case, I expect that XAUUSD will enter to resistance zone and then rebound down to the channel, where it falls to 2655 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
1
Gold can exit from wedge and rebound down from resistance levelHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price entered to downward wedge, where it at once started to decline and soon reached a resistance level, which coincided with the seller zone and broke it. Next, the price continued to fall and later declined to support line of the wedge, breaking the support level as well. But when Gold touched the support line, it at once made a strong impulse up to the seller zone, breaking the support level one more time. Then price little grew higher than the seller zone, after which it turned around and made a correction to the support level, breaking the 2690 level one more time. After this, Gold some time traded near the support level and then backed up to the seller zone rose higher than this area again, and then rebounded down to the support line of the wedge. Then price turned around and started to grow and in a short time rose almost to the resistance line of the wedge. So, in my opinion, Gold can exit from the wedge, reach resistance level, and then start to decline. For this reason, I set my TP at 2620 points, which coincides with the support line of the wedge. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
11
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2691 and a gap below at 2679. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2691 EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET 2706 POTENTIALLY 2719 EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET 2736 BEARISH TARGETS 2679 EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2668 - 2654 EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE SWING RANGE 2640 - 2624 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing ema5 and price play between two weighted levels with a gap above at 2694 and a gap below at 2665. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2665 EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE SWING RANGE 2600 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range. Last week we confirmed we had ema5 lock above 2629 further confirming the previous candle body close opening 2686 We continued to buy dips all the way into 2686 completing this gap. This played out perfectly. We now have a candle body close above 2686 opening 2760 but will need ema5 lock to further confirm this, only as a along range/term gap. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. Last week we stated that the channel top was continuing to provide support like we stated for the past few weeks. We also stated that, as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range. - This played out perfectly. You can see although we had the break into the channel with candle, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. This followed with the perfect bounce inline with our plans to buy dips. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel. We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
2
Analysis of gold market trend next Monday: On Friday (January 10), after the US non-farm report, spot gold once fell sharply to around $2,663/ounce, and then the gold price suddenly soared, reaching a high of nearly $2,698/ounce. The non-agricultural report released on Friday showed that 256,000 new jobs were created in December last year, much higher than the expected 160,000, and the largest increase in nine months; the unemployment rate in December was 4.1%, also lower than 4.2 % predicted value. After the non-farm data was released, the gold price once fell sharply to $2,663.73/ounce. But then the gold price rebounded rapidly, reaching a high of $2,697.98/ounce. As of the close of Friday, spot gold rose by $19.94, or 0.74%, to $2,689.71/ounce. Gold remained strong despite the much stronger-than-expected employment report. One of the factors supporting gold is the uncertainty before the inauguration of the US president. US President-elect Trump will take office on January 20, and investors are concerned about his proposed policy of imposing tariffs on a large number of imported products. I think the reason why gold prices rebounded after falling on Friday is that although the US non-farm payrolls data was stronger than expected, reducing the possibility of a sharp interest rate cut by the Federal Reserve this year, the uncertainty caused by the upcoming Trump administration policies has increased the safe-haven appeal of gold. ​At the beginning of next week, investors will pay close attention to China's December trade account data. The significant increase in China's trade surplus may support gold prices during the Asian trading session next Monday. Next Wednesday, U.S. inflation data for December may trigger the next big move in gold. The market expects the US Consumer Price Index (CPI) to rise by 0.3% month-on-month in December, but the core CPI will fall by 0.1% during the same period. If the core CPI reaches a positive value, the immediate reaction of the market may boost the US dollar and cause gold to fall. On the other hand, negative data may make it difficult for the US dollar to find demand and help gold hold its ground. During next Friday's Asian trading session, China's fourth-quarter gross domestic product (GDP) data may influence gold trends. Analysts expect China's fourth-quarter GDP annual growth rate to reach 5.1%, higher than the third-quarter growth rate of 4.6%. A positive surprise could help gold prices higher, while disappointing GDP data could weigh on them. Market participants will also be keeping a close eye on new developments surrounding Trump's tariff strategy. While gold has been benefiting from risk aversion, a sharp rise in U.S. Treasury yields could limit gains. Gold prices held up despite a much stronger-than-expected jobs report… One of the factors supporting gold prices is the uncertainty that has emerged in the run-up to the U.S. presidential inauguration. As President-elect Donald Trump's Jan. 20 inauguration approaches, investors are concerned about his promise to impose tariffs on a wide range of imports, fearing that the move could fuel inflation and further limit the Federal Reserve's ability to cut interest rates. While gold is seen as a safeguard against inflation, high interest rates have undermined its appeal as a non-yielding asset. Technical analysis of gold: The non-agricultural data on Friday was very bearish, but the trend was beyond the market's expectations. Although there was a pullback, it eventually formed a bottoming out and rebound situation. This may be because the bulls are still strong, and the short-selling impact of the non-agricultural data was just a short-term wash. It began to pull back after reaching the lowest point near 2664, and stopped after reaching the highest point near 2697, closing at 2690. The daily line closed in the form of a positive line again, forming a strong four-day positive line, and the weekly line also closed with a big positive line. The overall trend is still strong, and the upper pressure is at the integer level of 2700. This position may still be broken next week, but the key suppression point and watershed remain near 2710. Once this position is broken, the upward momentum of the bulls may explode again, but there is also the possibility of a reversal next week. Since the pullback from 2583, the amplitude has reached about 110 US dollars, and the support below is first of all the 2680 line. If it is still in For bulls, this position may form a certain support effect, and it is also the first position to be digested. So we still need to maintain the bullish thinking for gold next Monday. For example, we can go long at 2680 first. If the European session continues to retreat, the support needs to be adjusted to 2665 to continue to look long. From the four-hour level, after breaking through 2665 US dollars, gold has accelerated its rise, and the highest point has reached around 2697. According to the extension line, it can be inferred that the resistance level is around 2727, and the lower support level has moved up to around 2680 US dollars. The 1-hour moving average of gold is still a golden cross and the bulls are arranged upward. However, the daily support is around 2670. If the market fluctuates and touches here, you can try to go long. Traders must manage their positions reasonably, with the target around 2700-2710; if it reaches around 2710 and does not break, you can try to short sell and continue to go long after falling back. The trend is relatively clear and does not require too much analysis. Taken together, in terms of short-term gold operation ideas next Monday, our team recommends to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus will be on the 2710-2720 first-line resistance, and the bottom short-term focus will be on the 2670-2677 first-line support. It is recommended to go long next Monday when gold is close to 2670. If the gold Asian market strengthens, you can first light your position and try to buy long near 2682.
FOREXCOM:XAUUSD
by Caesar_Gorman01
CL Week Review 01/06/25 - 01/10/25Looks like my Directional Bias for CL was off. Instead of price coming lower to fill in the BISI and take the PDLs it rallied higher through the Volume Imbalance and raided all the BSL. Now that wick higher on Friday did not stop at a random spot. Look closely and you will notice its the Premium Daily 50% CE level of the wick and price reversed nicely off from there. Now the question remains does price justify to continue higher and take the BSL at 78.46 or does price reverse from there and then target the SSL and the D BISI? Currently its still looking Bullish since price closed above the Volume Imbalance and the PDH from Thu Oct 10 2024 at 76.24 but lets see how price opens on Sunday and we can definitely expect a volatile week since there is a good amount of economic news drivers.
NYMEX:CL1!
by ProphetTheTrader
Levrage During this Metals Bull - finding the next Newmount?Relatively safe ways to gain exposure to leveraged plays in the form of mining companies. Many established miners are way too unbelievably low with current metals prices. Here we look at the technical perspective on why I am bullish on these cyclical mining stocks and why they could yield outstanding returns - which is to say now may be the time to scale in before they catch up to precious metals prices. FSM ASM SBSW
NYSE:SBSWLong
by Commodity_TA_Plus
GOLD (XAUUSD): Intraday Analysis & Bullish Outlook As I posted earlier, Gold successfully violated a significant horizontal intraday/daily horizontal resistance. Retesting the broken structure, the market continued growing. The price started to respect the boundaries of a rising wedge pattern. I believe that we can anticipate a further bullish continuation within that next week. The final destination for the buyers is 2716 resistance. With a high probability, it will be reached soon. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
6
Technical Analysis of Spot Gold (XAU/USD) – January 12, 2025The #gold market continues its upward trend, and in lower timeframes, positive signs of further upward movement are visible. Based on the updated chart data, the following analysis is provided: Overall Market Overview The 4-hour chart of spot gold prices shows successful attempts to maintain levels above key support zones. The addition of the Ichimoku cloud in this analysis provides further insight into the trend direction. Currently, the price is near the critical resistance level of $2,700, with the market showing a strong inclination to break through this level. Trend Analysis Using Ichimoku The Ichimoku cloud indicates a strong bullish trend: The price is above the Ichimoku cloud, signaling a strong uptrend. The Kijun-Sen and Tenkan-Sen lines also have an upward slope, providing support for the price. The gap between the price and the Ichimoku cloud indicates dynamic support around the $2,650 level. Key Support and Resistance Levels Support Levels: The first strong support is around the $2,650 range, further reinforced by the Ichimoku cloud. The second support is observed around $2,620, which is highly significant. Resistance Levels: The first resistance lies in the $2,700 range. Breaking this level could lead to an acceleration in the uptrend. The second resistance is observed at $2,760, a critical level for continuing the bullish movement. Bullish Scenario If the price can break above the $2,700 resistance and stabilize in this range, the next bullish targets will be around $2,760. The positive slope of the Ichimoku lines and the overall uptrend increase the likelihood of this scenario. Bearish Scenario If the price fails to break through the $2,700 resistance, a price correction toward the $2,650 support level may occur. If this support level breaks, the price could drop to $2,620 or even lower levels. Summary and Conclusion Based on the current analysis, the overall gold market trend is still bullish. The $2,700 level plays a crucial role in determining the market’s next direction. Breaking this resistance could push the market toward higher targets, while falling below the $2,650 level may signify the start of a corrective phase. Recommendation: For traders and investors, closely monitoring the key levels and analyzing trading volumes alongside tools like RSI and MACD can help identify entry and exit points effectively.
FX:XAUUSDLong
by MD-Priceaction
Weekly Insights: Euro/Dollar and Gold Analysis Hello, fellow traders! I hope you’re all doing well. Today, we want to share some insights and observations from the past week that might help you navigate the markets. Euro/Dollar: We’re seeing some outflows in put options with a strike price of $1.05, which are already in the money and have intrinsic value. Additionally, there’s been a resale of put options at the $1.02 strike. This suggests a sentiment shift—at the very least, we might be witnessing a halt in the downward movement. So, keep an eye on this pair, it could be setting up for a bounce. Gold: On the gold front, there’s been aggressive buying of call spreads with targets around $2950-$3000. However, this seems a bit too straightforward and obvious—buying after a price increase at high levels doesn’t scream insider trading or strong sentiment. It feels more like a speculative play, and honestly, it’s pretty apparent. The sentiment here is Neutral.
OANDA:XAUUSDLong
by ClashChartsTeam
GOLD Under Pressure! SELL! My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2662.9 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2650.4 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDShort
by AnabelSignals
1
GOLD Technical Analysis! SELL! My dear friends, GOLD looks like it will make a good move, and here are the details: The market is trading on 2689.3 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2658.9 Recommended Stop Loss - 2707.9 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
OANDA:XAUUSDShort
by AnabelSignals
1
Gold has initially broken through, can it continue to rise? Gold is currently at a critical technical node, with prices fluctuating around $2,689. From the current trend. Since the bottom of $2,584.83, the price of gold has gradually risen, forming a clear upward channel, with the top and bottom of the channel providing strong support and resistance to the price. At present, the price of gold has approached the upper edge of the channel, and this position also intersects with the downward trend line. It can be seen that the $2,689-2,710 area is both the top resistance of the upward channel and the strong pressure area of ​​the downward trend line. The breakthrough or obstruction of this technical intersection will have a decisive impact on the short-term trend of gold. If the price of gold breaks through the suppression of the downward trend line (the key point is $2,719), it will further open up the upside space, with the target looking at the $2,750-2,760 area, and even have the opportunity to reach higher levels. This trend may require strong fundamental support, such as a weaker dollar, increased geopolitical uncertainty, or safe-haven demand caused by a global economic slowdown. If the gold price is blocked and falls back in the $2689-2710 area, it may trigger a round of adjustments. The short-term target may fall back to the middle track of the rising channel near $2660, and the further support level can focus on the $2615-2600 area. This decline may be driven by the strengthening of the US dollar index, the signal of the Federal Reserve or the improvement of market risk sentiment. The current gold price has formed a certain consolidation near the key resistance area, showing the hesitation of both long and short sides in the market. It is necessary to pay attention to the changes in trading volume and whether there is a clear breakthrough pattern. The price structure shows that gold may be close to the overbought area at the current position, which further increases the risk of a correction. Overall, spot gold is currently at a key choice point in the technical pattern, and both long and short sides are fighting fiercely in the $2689-2710 area. Breaking through the downward trend line will strengthen the confidence of bulls, and if it is blocked and falls back, it may step back on the key support. Traders need to pay close attention to changes in market momentum, and at the same time combine fundamental dynamics for risk management and decision optimization. Long operation suggestion: If the gold price successfully breaks through the downward trend line (stands firmly above $2,719), you can consider chasing long, with the target set at $2,750-2,760, and the stop loss point at $2,680. Short operation suggestion: If the gold price is blocked and falls back in the current area, the short order target can be set at $2,660, further looking at $2,615, and the stop loss is set above $2,700. From the long-term trend, gold is still in a volatile upward channel, but it is necessary to be wary of the suppression of the downward trend line. Breaking through this line will verify the continuation of the bullish pattern, otherwise it may usher in a deeper adjustment.
FOREXCOM:XAUUSD
by RonPeter_Trading
USOIL Will Go Down From Resistance! Short! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 76.573. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 72.081 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. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1