World market forecast positive due to high demand for goldThe world gold price jumped by another $7 to $2,647 an ounce. According to market analyst Fawad Razaqzada of City Index, gold still faces many challenges in the short term, such as the strength of the greenback, rising bond yields, and weak demand from the Asian market. However, despite those challenges, the gold price target of $3,000 an ounce is still feasible. Any correction or consolidation in early 2025 could set the stage for another rally in the second half of the year.
Ms. Nicky Shiels, Head of Metals Research and Strategy at MKS PAMP, expects gold prices to trade in a fairly wide range of $2,500 to $3,200 an ounce, with the precious metal largely dependent on the US Federal Reserve's (Fed) interest rate changes related to inflation.
For now, investors still believe that a stronger US dollar and tighter monetary policy could create some headwinds for gold. However, gold remains an important asset in investors' portfolios this year. The trend of de-dollarization by central banks, complex and unpredictable geopolitics, global debt and investor demand... will ensure that gold is a safe asset diversification tool.
Commodities
GOLD MARKET ANALYSIS AND COMMENTARY - [January 06 - January 10]OANDA:XAUUSD are almost trading in a narrow range throughout the Christmas holiday and New Year 2025. Currently, gold prices have not yet escaped the triangle model of the H4 technical chart.
Entering 2025, three important factors can shape the price of gold. First, the big event will take place on January 20 this year when Donald Trump takes office as US President. Mr. Trump is likely to put pressure on the FED to influence the interest rate environment.
Second, Mr. Trump will heat up the trade war with other countries, especially with Canada, Mexico, Europe and China. This means economic growth could suffer and geopolitical instability could linger.
Third, we are in a period where most investors will reallocate investment flows into their portfolios. As economic and political variables are gradually changing.
In the long term, gold prices may continue to be influenced by the above factors. But in the short term this week, the market will focus on important US economic data, such as manufacturing and service PMI index; Employment indicators: ADP, NFP, unemployment rate... If US employment figures, especially NFP, increase stronger than expected, gold prices will be under pressure to adjust. On the contrary, if US employment figures continue to decline sharply, it will positively support gold prices.
📌Technically, from a short-term perspective this week, there are 2 resistance levels to pay attention to: the resistance level at 2685 and the round resistance level at 2600. In case the resistance level is broken, corresponding to the price breaking through the Downtrend line, the price will Gold will continue to maintain its upward trend to the 2720-2790 thresholds respectively. In the opposite case, if the gold price drops from the Uptrend line, we will see a scenario where the price drops back around the 2530 threshold.
Notable technical levels are listed below.
Support: 2,634 – 2,604 – 2,600USD
Resistance: 2,664 – 2,693USD
SELL XAUUSD PRICE 2686 - 2684⚡️
↠↠ Stoploss 2690
BUY XAUUSD PRICE 2599 - 2601⚡️
↠↠ Stoploss 2595
XAUUSD 6/1/25Coming into this week, we maintain a bullish bias on gold. Last week, we experienced a short-term shift to bearish, which was expected as we mentioned before the new year. Currently, we are focusing on the cluster of lows at the base of our most recent range. This is the area we are targeting for potential long trades this week.
Orion is indicating that we need to align with the long bias, so we will follow this direction and monitor targets and entries accordingly. Note that we currently have only two targets above. If the market creates another high before dropping into the mentioned lows, we may have more than two targets to work with, requiring us to trade within those areas.
Be mindful of the current structure. As mentioned in the EU analysis, we may form short-term lows to play off, which could make the lower areas less likely for the week’s initial move. As always, we wait for a low to be reached, then analyse the entry timeframe to determine if there’s an opportunity to participate.
Trade safely and stick to your plan.
Falling towards overlap support?XAU/USD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2,632.46
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 2,608.78
Why we like it:
There is a pullback support level that lines up with the 78.6%^ Fibonacci retracement.
Take profit: 2,659.51
Why we like it:
There is an overlap resistance level.
2,632.46
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Can We Get +EV from EV? With stocks like FCX, sometimes the answer isn’t just about gold—it’s about finding the copper that holds everything together.
While everyone scrambles for the gold nuggets in the mainstream Electric Vehicle (EV) market, you might be missing opportunities further upstream in the feeder streams. These are the overlooked areas that quietly power the whole operation. As I work on my 2025 guide to researching and finding hidden gems in this very market, I stumbled upon a curious situation that’s sometimes overlooked when researching a stock: a well-timed opportunity to combine deeper research with the possibility of an early position.
What is that opportunity, you ask? Well, it’s all about timing and understanding the mechanics of dividends, coupled with an upcoming earnings catalyst.
The Hidden Value in Copper
Let’s face it—copper wire isn’t exactly the sexiest investment out there. But sometimes, the dressed-down stock has a greater long-term value precisely because it spans multiple industries. Copper isn’t just critical for EV motors and renewable energy—it’s a foundation material for infrastructure, electronics, and more.
Enter Freeport-McMoRan Inc. (FCX). This copper powerhouse caught my attention for two key reasons:
1. A dividend payout date approaching on Jan 15, offering a 1.6% yield.
2. An earnings report set for Jan 23, creating the potential for amplified movement shortly after the dividend window.
Now, before you jump in, remember: this isn’t about chasing dividends or speculative hype. Instead, it’s an opportunity to observe, research, and learn. Here’s why FCX is a fascinating case study and what to watch for.
Why FCX Is a Great Study
1. **Dividend Catalyst (Jan 15)
- Watching the stock’s behavior leading up to and after the ex-dividend date could give insights into how investors value the dividend.
- Track whether the stock trades with increased volume or volatility as traders position themselves to collect the dividend.
2. **Earnings Catalyst (Jan 23)
- With earnings just a week after the ex-dividend date, you have a rare overlap of events that could amplify price movement.
- Depending on sentiment, the stock could rebound from the ex-dividend price drop—or face additional pressure if earnings or guidance disappoint.
3. **Copper Exposure
- FCX is already on our radar for its ties to EVs, renewable energy, and infrastructure projects.
- Broader copper demand, influenced by economic sentiment or supply chain news, could add another layer of movement to this stock.
What to Watch
1. Pre-Dividend Price Action (Now through Jan 14)
- Look for increased buying as traders position for the dividend.
- Monitor volume trends and whether FCX breaks key technical levels.
- Keep an eye on market sentiment and copper-related news.
2. Ex-Dividend Price Adjustment (Jan 15)
- Observe if the stock drops by exactly the dividend amount ($0.15) or if external factors cause a different adjustment.
- Watch for recovery post-drop—does buying interest resume, or does the stock stall?
3. Earnings Anticipation (Jan 16–23)
- Monitor implied volatility (IV) for options, as IV typically rises before earnings.
- Consider how copper prices or macroeconomic trends (like China reopening or U.S. infrastructure spending) might affect sentiment heading into earnings.
4. Post-Earnings Reaction (Jan 23 and Beyond)
- Listen to the earnings call for insights on copper demand, production costs, and forward contracts.
- Note whether the stock aligns with broader copper and EV trends or diverges based on the results.
Possible Outcomes
1. Bullish Scenario
- Dividend buying drives interest, and earnings provide a strong catalyst for growth.
- The stock rebounds quickly after the ex-dividend date and continues upward momentum post-earnings.
2. Bearish Scenario
- Dividend adjustment leads to further downside pressure, and earnings fail to meet expectations.
- The stock underperforms compared to copper peers.
3. Neutral Scenario
- Dividend adjustment happens as expected, and earnings provide no surprises.
- FCX trades sideways, maintaining a range-bound pattern.
How to Track and Document
1. **Price & Volume:**
- Record closing prices from now through Jan 23.
- Note volume spikes and their timing relative to events.
2. **Options Activity:**
- Monitor the options chain for changes in implied volatility as earnings approach.
- Look for unusual activity around certain strikes or expirations.
3. **Copper Prices:**
- Track global copper prices, as they could influence sentiment for FCX.
4. **News Flow:**
- Stay updated on copper demand, EV adoption, and infrastructure-related headlines.
A Practical Exercise in +EV Thinking
FCX presents a unique opportunity to explore the layered dynamics of dividends, earnings, and macroeconomic trends. Even if you don’t take a position, tracking these events can sharpen your understanding of how catalysts play out in real time.
And, of course, this study aligns perfectly with the philosophy behind my upcoming eBook and print guide:
**“Adding to Your Nest with EV in 2025 – A guide for researching the hidden gems in the EV market sector of trading.”**
So, can we get +EV from EV? The answer lies upstream, in the copper that holds everything together.
-Bob Cavin 3
Gold Technical: Key Levels and Trend Outlook for the Week
Gold Trading Lower Despite Dollar Weakness
Gold prices traded lower on Friday afternoon, even as the dollar retreated from its highest level in more than two years and Treasury yields eased.
Gold Technical Analysis
The price precisely reached our resistance level at 2665 and then dropped to the pivot line at 2636, as anticipated in the previous week's analysis.
For this week, the initial move is expected to test 2653. The price must then break 2653 to reach 2665. To move further toward 2678, a 4-hour candle close above 2665 is required.
However, if the price closes a 4-hour candle below 2636, it is likely to drop to 2623. A sustained move below 2623 could lead to a further decline toward 2603.
Key Levels
Pivot Point: 2636
Resistance Levels: 2653, 2665, 2678
Support Levels: 2623, 2603, 2658
Trend Outlook
Consolidation: Between 2636 and 2653
Bullish Trend: Above 2645
Bearish Trend: Below 2636
previous idea:
GOLD: Risky Long!
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down.
❤️ Please, support our work with like & comment! ❤️
Xau/usd higher timeframe to lower timeframeXau/usd higher timeframe to lower timeframe
- This idea is based on educational purposes
Detailed analysis for higher time frame to lower time frame
Market currently at 2639.72 and in higher time frame 2621 is a rejected point more then 6 times
so when we move to lowest time frame things are more clearly and we see that market is moving in uptrend so we have to move and trade within trend
if market move and touched 2642 to 2645.00 area we will entered in buy trade and our first target would be 2650.00 then 2660 onwards
if market break the region which are selected and move downward we will take our first take profit at 2621.00 again it was crucial point but if it went again this point we will see the next move at 2605.00
Like and Comments on our Analysis
#202501 - priceactiontds - weekly update - wti crude oil futuresGood Evening and I hope you are well.
tl;dr
wti crude oil futures: Bullish until bears come around. Big bull surprise to start 2025 with strong follow through above 72. Market has still a bit room to the bear trend line, that started in 2024-04, around 75. I can’t see this breaking above 77.38 and I have my doubts about a break of the trend line, so longs are no option for me here. I want to see selling pressure next week and wait for decent second signal before shorting this.
comment: Big bull surprise early in 2025. I did not expect the market to just melt through 3 months of lower highs. We now have the big bear trend line right above us around 75 and it’s reasonable to expect market to get there before we could see bigger profit taking. Any short would need a stop 77.4 but I still think the odds are very good for the bears that we won’t make a higher high. Volume is still garbage so once we have decent selling pressure, I will take that swing short.
current market cycle: trading range
key levels: 70 - 75
bull case: Bulls want 75 and a retest of the bear trend line. Easy as that. They could overshoot it some but market has respected it two times before so I expect the trend line to hold. Volume is atrocious so it’s possible that the market just melts lower over the next 1-2 weeks after the retest. It would be very strong by the bulls if they keep the market above 70 now.
Invalidation is below 70.
bear case: Bears have nothing for now but since we have made lower highs since 2023-09, they expect this to be one as well and the closer they can short to 77 the better. It’s too early to short and bears need to build much bigger selling pressure. We will probably have to go sideways first before this can come down again.
Invalidation is above 77.4.
short term: Bullish until bears come around. Longing pullbacks is decent until we make lower lows again. Every touch of the 2h 20ema was bought, so keep looking for longs close to it.
medium-long term - Update from 2025-01-02: Still no better medium-long term outlook to write about. The triangle has been going on for so long, it’s highly unlikely that we will break above it.
current swing trade: None
chart update: Nothing
SILVER: Potential Short! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The instrument tests an important psychological level 29.80$
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 29.30$
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
#202501 - priceactiontds - weekly update - goldGood Evening and I hope you are well.
tl;dr
gold futures: Neutral but slightly bearish if bears get follow through on Monday. Market tested the 50% of the last leg down and found more sellers than buyers. Bulls now have 3 pushed up which went nowhere as of now. We also closed right at the daily 20ema so this is as neutral as it gets. If bulls get a daily close above 2680, we can continue to 2700 and below 2650 I expect more downside to 2600/2620.
comment: Likely more neutral than anything else. 50% retracement of recent bear leg is 2680 and market stopped there on Friday. We have more room to the upside inside this bigger triangle.
current market cycle: trading range
key levels: 2620 - 2720
bull case: Bulls want a retest of 2700 but they have tried 3 times now and price went nowhere. Friday could have been a retest of the breakout but bulls would need a very strong reversal on Monday to confirm that. Bulls don’t have much until they get above 2680 and then the upside could be limited to 2700. No matter how you put it, this is not strong buying by the bulls and nothing to get excited about.
Invalidation is below 2600.
bear case: Bears sold every new high at made money for 3 weeks now. They also fail to make lower lows and that is why we are in a bigger triangle with bad follow-through after every decent bull/bear bar. I think Friday was strong enough to expect a bit more downside but where do you put your stop? 2680? Very high probability market will retest it or go above before it turns again. Most bears would like to short closer to 2700.
Invalidation is above 2730.
short term: Neutral inside given range.
medium-long term - Update from 2024-01-02: If we break strongly above 2700, we will likely retest 2740-2760 and depending on that move, we will either stay inside the big range 2560 - 2760 or retest 2800 or even higher.
current swing trade: None
chart update: Nothing
BRIEFING Week #1 : Recession in 2025 ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Possible strong trend change in oilOil is at a critical chart crossroads with the Light Crude Oil contract flirting with an upward break of the strong long-term downtrend line “K” that has been passing through the $73 area in the last two sessions. On Friday morning when the article was written, the contract was trading at $72.90.
A possible now confirmed upward break of this line will make it difficult for the contract’s sellers as it will have the power to open the way to $76. Above that, the price of $80 per barrel will “flash”.
On the other hand, however, the apparent inability of oil to pass above $73 and the “K” will mark a third consecutive exhaustion peak, pushing the contract back below $69.
It is of course best not to attempt to push oil prices above $76 because it will begin to "undo" the positive scenario of further weakening inflation.
NZDUSD - Easiest 1000pip Trade Ever!We might be on the verge of one of the easiest trades ever.
NZDUSD is currently in a wave B correction, which appears to be a 333 WXY correction. We are currently in wave Y and expecting a breakout for the bigger wave C.
Trade Idea:
- Enter on break of trendline
- Stops below lows after trendline break
- Targets: 0.61 (500pips), 0.65 (1000pips)
Simple, right?
Goodluck and as always, trade safe!
Don't go chasing the Gold RushGold has had quite a year, but I’m here to speculate that the run is nearing its end.
The focus is on lower targets. Until that level is hit, the framework for trades remains bearish. Whether you’re taking smaller trades within the move or holding for the broader swing, the direction is clear: bearish until proven otherwise.
Targets may shift lower as new data comes in, but the current target is set in stone. Invalidation level is the current all-time high at 2800
NATGAS // Can you imagine $1?This weekly candle looks bearish. It's even more bearish if we take into account that it was printed on the monthly impulse base.
It means that the monthly trend is still short, and if the weekly gets aligned, the price may target the last clean weekly breakout (red), where the countertrend line also breaks, and where the $1 for natural becomes a nice target.
Do you see it coming?
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present. 🏄🏼♂️
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