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Oil Bulls Go for the Break into Yearly OpenOil prices are threatening a major breakout here after clearing resistance yesterday at the objective 2024 yearly open near 72.14 . The focus is on todays close with respect to the 61.8% retracement at 73.90 . A daily close above would keep the focus on a possible rally towrads the 78.6% retracement at 75.89 and the October high-close at 77.25 - note the highlighted slope confluence (look for a larger reaction there IF reached). Initial support back at 72.14 with bullish invalidation now raised to 71.02 . MB
TVC:USOIL
by FOREXcom
Gold Roadmap==>Short-term!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) . According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction . I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) . ⚠️Note: First, Short position, then Long position. ⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
The Golden Journey: Historic Milestones and a Glimpse into 2025Gold Price Analysis: A Historical Overview and Future Outlook Gold has always played a crucial role as a safe-haven asset during periods of economic uncertainty. Over the years, its price movements have been shaped by various global events. Let’s take a step-by-step look at the key historical moments and their implications for the future. [ b]Historical Highlights:- March 2008: Financial Crisis Escalation Gold prices surpassed $1,000 per ounce for the first time, driven by the Global Financial Crisis. Key Factors: - The collapse of Bear Stearns fueled fears of systemic financial instability. - Aggressive Federal Reserve rate cuts weakened the U.S. dollar, increasing gold’s appeal. Impact: Gold surged as a safe-haven asset during one of the most critical financial crises of the modern era. October 2008: Global Financial Crisis Peak Gold prices dropped to $681 per ounce initially due to forced liquidation but rebounded later, stabilizing around $730-$800 per ounce. Key Factors: - Forced selling to meet margin calls during the crisis. - Central banks introduced aggressive interventions, including interest rate cuts, to stabilize the economy. Impact: Despite short-term declines, gold regained its safe-haven status as market uncertainty persisted. Profits and Losses of New York Stock Exchange Broker-Dealers 2000 to 2008: Cost of the 2008 Financial Crisis : August 2011: All-Time High Amid Global Economic Uncertainty Gold reached a record high of $1,917 per ounce amid the U.S and Eurozone debt crisis and concerns about the U.S. economy. Key Factors: - Investors were concerned about the U.S. economy after the S&P downgrade of U.S. credit from AAA to AA+ earlier in August. - The 2011 U.S. Debt Ceiling Crisis was one of a series of recurrent debates over increasing the total size of the U.S. national debt. - Safe-haven demand surged as central banks maintained low interest rates. Impact: This period underscored gold's reliability during global economic turmoil. November 2015: Multi-Year Low Gold prices dropped to $1,050 per ounce, the lowest since 2010. Key Factors: - Expectations of a Federal Reserve rate hike reduced gold’s appeal. - Low inflation diminished its role as a hedge. Impact: The decline highlighted gold’s sensitivity to monetary policy and inflation expectations. August 2020: Record High During COVID-19 Gold hit an all-time high of $2,075 per ounce, driven by the global economic fallout from the COVID-19 pandemic. Key Factors: - Massive monetary and fiscal stimulus from central banks and governments. - Weak U.S. dollar and negative bond yields boosted demand. Impact: Gold cemented its status as a hedge against both inflation and economic uncertainty. September 2022: Aggressive Rate Hikes Gold dropped to around $1,615 per ounce as the U.S. Federal Reserve aggressively raised interest rates to combat inflation. Key Factors: - Rising bond yields and a strong U.S. dollar reduced gold’s appeal. - Geopolitical Uncertainty. mpact: This period reflected the inverse relationship between gold and rising interest rates. October 2024: Record Peak Gold surged to a new all-time high of $2,790 per ounce due to heightened geopolitical tensions and monetary policy shifts. Key Factors: - Ongoing conflicts in the Middle East and Eastern Europe. - Central banks’ easing policies and inflation fears supported the rally. Impact: This continued gold’s bullish momentum, driven by its safe-haven demand. Future Outlook for Gold in 2025 Key Expectations: 1. Bullish Momentum to Continue: - Gold is likely to remain on an upward trajectory, potentially breaking the $3,000 per ounce barrier. - Geopolitical uncertainty and inflation concerns will continue to drive demand. 2. Consolidation and Corrections: - Gold may face short-term corrections, with support levels at $2,600-$2,500, before resuming its bullish trend. 3. Critical Drivers: - Geopolitical Tensions: Persistent global conflicts will boost gold’s safe-haven appeal. - Monetary Policy: Central bank decisions, especially from the Federal Reserve, will influence gold prices. A pause or reversal in rate hikes will support bullish momentum. - Inflation Hedge: Rising inflation expectations will sustain demand for gold as a store of value. Key Levels to Watch: - Resistance Levels: $2,800, $3,000, and beyond. - Support Levels: $2,600, $2,500, and $2,300. Summary: Gold has consistently demonstrated its value as a safe-haven asset during periods of economic and geopolitical uncertainty. With its recent surge in October 2024 and the ongoing macroeconomic conditions, the outlook for 2025 suggests further bullish potential. However, investors should be prepared for short-term corrections before the continuation of its long-term upward trend. Gold's remarkable performance over various timeframes highlights its strength: - In 2024 alone, gold rose by 27.25%, marking a stellar annual performance. - Over the past 5 years, gold has gained an impressive 79.25%, showcasing sustained upward momentum. - Over the past 10 years, gold has soared by 121.00%, reflecting its resilience and importance as a long-term asset. Disclaimer: The insights and expectations shared in this analysis are based on my personal experience and deep understanding of the market. While these projections are grounded in my expertise, it is important to exercise caution and perform your own research before making any investment decisions. Remember, the market carries inherent risks, and past performance does not guarantee future results.
TVC:GOLDLong
by SroshMayi
7
Gold Price Eyes 2653 Before Expected DeclineGold Technical Analysis The price is approaching the resistance level at 2,653. A 4-hour candle closing above this level will confirm further bullish momentum, potentially pushing the price toward 2,665. Alternatively, if the price stabilizes below 2,653, it is expected to decline to 2,636. A 1-hour candle closing below 2,636 will strengthen a bearish trend, targeting 2,623. Key Levels: Pivot Point: 2640 Resistance Levels: 2653, 2665, 2678 Support Levels: 2636, 2623, 2603 Trend Outlook: Bullish Trend: Above 2,653 Bearish Trend: Below 2,636
OANDA:XAUUSDShort
by SroshMayi
How much further can gold bulls go? News analysis: On Thursday, January 2, spot gold rose slightly in the U.S. market and is currently trading around $2,652/ounce. Gold prices closed up 0.72% on Tuesday at $2,624.28/ounce, helping gold prices rise 27% in 2024, the largest annual increase since 2010, driven by safe-haven demand and interest rate cuts by central banks; however, market sentiment may become more cautious, depending on policy shifts during Trump's second term as president. In addition, the U.S. dollar index hit a two-year high on Tuesday, and the U.S. 10-year yield achieved its best annual increase in two years, and gold was also cautious. Gold Trend Analysis: Judging from the current market situation, the technical form also highlights the situation that has stopped the decline and is favorable to bulls. First of all, look at the daily line. Tuesday's dip and rebound trend closed positive on the daily line, but with the piercing of the 5-day moving average and the weakness of the 10-day moving average The downward pressure pattern shows that the short-term resistance is very fragile. In addition, other cycle indicators maintain a bullish arrangement. The Bollinger Middle Rail also extends upward. At the same time, the double lines of the MACD indicator have signs of forming a golden cross again. Therefore, the overall daily line seems that bulls are entering. Take proactive steps. In the 4 hours, after rising in early Asian trading, the current price is still hovering near the upper Bollinger Band. Although the upper Bollinger Band shows a suppressed form, as the short-term moving average moves upward, the lower Bollinger Band also extends upward, so it can be judged that The short-term downside space for gold prices is limited; in addition, the MACD double-line golden cross is in an upward form and has sufficient upward potential. Therefore, the overall 4-hour level can be expected to fall back and the bulls will launch a counterattack again after adjustment. Operation idea: In day operation, it is recommended to mainly go long on dips, supplemented by shorting highs. For short-term support below, focus on the 2635-2638 area, and continue to look at the 2650-2660 area above. If the bears strongly break through the 2625-2630 area, it means that the market has peaked in the short term, and there is a high probability that the 2610 area will be explored again, or even exist. Possibility of breaking down. For the short-term resistance above, pay attention to the 2658-2660 area first, and try short selling. Focus on the 2666-2668 area during the day.
FOREXCOM:XAUUSDLong
by Caesar_Gorman01
SPY/QQQ Plan Your Trade: Learning A or B Trading StylesYesterday, after the GDP Now data hit, I received a number of messages related to my SPY Cycle Patterns and how they work in comparison to big news data (like GDP, JOBS, PMI, & Others). Let me try to explain one simple thing to all of you. The SPY Cycle Patterns are based on GANN/Fibonacci Time/Price cycles. They DO NOT correlate or predict price movement based on NEWS EVENTS or other extraneous data. The SPY Cycle Patterns are, in essence, the core price expectations related to time/price cycles WITHOUT EXTERNAL NEWS EVENTS. They represent what price is likely to do without any big news, economic data, or critical major event taking place to disrupt the Cycle Pattern. So, it is important for traders to understand what I call the "A or B" type of trade setup. Price is always attempting to reach new highs or new lows - ALWAYS. Failure to reach new highs means price must roll downward and attempt to reach new lows. Failure to reach new lows means price must roll upward and attempt to reach new highs. It is that simple. Price is always attempting to break above previous critical highs or lows - ALWAYS. Thus, once you understand this as a basis of price structure/movement, then you can begin to apply more advanced patterns (Fibonacci Price Theory, Excess Phase Peak Pattern, Others) as an additional layer to price structure in an attempt to understand how price dictates all trending/movement. Now, one must also understand when price attempts to break levels (high or low), it can REJECT at those level (after breaking to new highs or lows). This is what I call a "Washout" pattern. Rejection happens when a new low or high is reached, but the price FAILS to continue to trend in that direction. For example, if price were to reach a new higher high, then reject, this would be an example that strong resistance exists at/near the previous high level - causing price to FAIL to maintain that new high price level. Thus, I would expect price to move downward after REJECTING at the new high levels (see above). The reason I'm trying to teach you these price concepts is because I want you to learn to make better decisions - not learn to just "follow along". You have to learn to understand price and understand how price moves related to opportunities. That is what trading is all about - anticipating price moves because of what you are able to discover on a price chart. Get some. Happy Friday. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
2
It jumped 40$, continue to buy todayGold ushered in a strong upward trend on Thursday, breaking through the resistance formed by the weekly moving average in one fell swoop, breaking through 2638 and 2646 in succession, and standing firmly above multiple moving averages at the daily level, showing a strong short-term upward momentum. Gold is now continuing to be strong, waiting for opportunities to buy in the Asian session. The 1-hour moving average of gold has now formed a golden cross and diverged upward. Gold continued to rise after falling to 2636 in the US session yesterday. Gold continued to buy on dips at 2636. Gold is now constantly setting new highs. Gold bulls are strong, waiting for a decline to continue to buy. You can enter the market first when it falls back to around 2645. First support: 2650, second support: 2641, third support: 2628 First resistance: 2668, second resistance: 2676, third resistance: 2690 Trading strategy: BUY: 2648-2646 SELL: 2676-2678
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Gold Spot (XAU/USD) Technical Analysis: Potential Decline to KeyThis analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas. Key Highlights: Corrective Wave Structure and Key Resistance: The recent upward correction appears to have completed near the resistance zone of $2638–$2655, aligning with the 38.2% and 50% Fibonacci retracement levels. The condition for further decline is the inability to close a daily candle above this resistance zone. Failure to break this level increases the probability of continued bearish movement. Andrews' Pitchfork: The price is clearly moving within the Andrews' Pitchfork, which illustrates the overall bearish direction of the market. Price action at the median and outer lines of the pitchfork will determine the next move. Key Support Levels: The first major support level is at $2545, which could act as a short-term target. If selling pressure persists, the price may drop further to the next significant support at $2495, completing the anticipated C-wave. DT Oscillator: The downward turn in the DT Oscillator provides confirmation of continued bearish momentum. This bearish signal, combined with failure to break the key resistance zone, increases the likelihood of a move toward the identified support levels. Potential Scenarios: Bearish Scenario: If the daily candle fails to close above the $2638–$2655 resistance zone and the DT Oscillator maintains its bearish signal, the price is likely to decline toward $2545 and potentially $2495. Bullish Scenario: A close above the $2638–$2655 resistance zone, coupled with a bullish turn in the DT Oscillator, could indicate a potential trend reversal and a move toward higher levels, possibly $2700+. Conclusion: Based on Andrews' Pitchfork, the key resistance zone, and the signals from the DT Oscillator, Gold Spot is at a critical juncture. If the resistance holds, the price is likely to decline toward the $2545 and $2495 support levels. Traders should closely monitor the price reaction to these levels and momentum signals for potential setups. Feel free to share your thoughts or questions in the comments, and don’t forget to follow me for more detailed analyses like this!
FOREXCOM:XAUUSDShort
by Mohammad_Mirdehghan
16
HelenP. I Gold will reach resistance level and then start fallHi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and dropped to the resistance zone, which coincided with the resistance level. Then price some time traded near this level and then tried to grow, but failed and continued to decline, breaking the 2640 level. Then it fell to the support level, and even a little below, after which some time traded and then broke the 2600 level and started to grow. Firstly Gold rose almost to resistance level, but then made small corrections and then continued to move up. Some time later price rose to the resistance zone and tried to rise to the resistance level, but failed and when it touched the trend line, the price dropped to the support level. After this movement, Gold rebounded and in a short time rose to the trend line and even broke it. At the moment, I expect that XAUUSD will rise to the resistance level and then start to decline to the support level, breaking the trend line again. For this case, I set my goal at 2600 level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
4
Will Iran's Nuclear Ambitions Redefine Global Energy Markets?In a world where geopolitical tensions and energy markets dance an intricate waltz, the latest developments surrounding Iran's nuclear program have emerged as a pivotal factor in global oil dynamics. The Biden administration's deliberation of military options against Iranian atomic facilities has introduced a new variable into the complex equation of international energy markets, forcing investors and analysts to reassess their traditional market models. The strategic significance of the Middle East's oil infrastructure, particularly the Strait of Hormuz, hangs in delicate balance as diplomatic chess moves unfold. With approximately one-fifth of the world's oil supply flowing through this crucial chokepoint, the stakes extend far beyond regional politics, touching every corner of the global economy. Market participants have begun incorporating these heightened risks into their pricing models, reflecting a new reality where geopolitical considerations carry as much weight as traditional supply and demand metrics. The energy sector stands at a crossroads where strategic petroleum reserves, investment strategies, and risk management protocols face unprecedented challenges. Portfolio managers and energy traders must navigate this complex landscape while balancing short-term volatility against long-term strategic positioning. As the situation continues to evolve, the global oil market serves as a mirror reflecting the broader implications of international security dynamics, challenging conventional wisdom about energy market fundamentals and forcing a reevaluation of traditional risk assessment models.
FX_IDC:USDWTILong
by UDIS_View
GOLD - Price can little correct and then continue grow in wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from $2720 resistance level and tried to grow, but failed and started to decline inside wedge. In wedge, price broke $2720 level and dropped to support line of wedge, breaking $2595 level as well. After this, price made upward impulse to $2720 level, breaking $2595 support level again and then made correction. Gold rose to resistance level again and then corrected to support level, where some time traded near. Recently, price started to grow from support line of wedge and I think it can make correction movement. Then Gold can turn around and continue to move up to $2690 resistance line of wedge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2
Gldobal growth in the long term Gldobal growth in the long term Oil is a manipulated market and 70 is traceable as a fundamental level of consensus. At any rate, it's being tried to be defended and the US is probably in on it. Trump, as is obvious, was just saying what he needed to say for the voters, what he was told to say by the dudes at Palantir processing big data. Trump's intelligence appears to be zero. So what he said can safely be forgotten. And remember that there were no bans without Trump, everything that was commercially viable was mined without him. And those who are extracting, and not flapping their tongues, the price below 70 is unprofitable, that's the first assumption. I'm not insisting on anything. Now, if you look at the oil market - not so long ago there was nothing to see, but now it looks like this huge downward complex wave may be over. If I'm right, we can assume that it already has enough sub-cycles of all degrees to be considered complete. Plus, the diagonal nature of both of these triangles is precisely what is meant by trying to sort of “reach” or get closer to some level. The longer the negative trends for this market persisted, the closer - and with a narrower range - prices approached the minimum important level, then stayed there for a long time in a very narrow range, but as soon as there were reasons for a bounce, they bounced back up. 🚀 Trade with the professionals of THS - Wave Theory! 🔹 All trades are based on wave analysis. 🔹 Fixed stop loss and take profit for risk management. 🔹 100% automation: copy trades through CopyFX service. 🔹 Reliability and transparency: the results are confirmed by the market. 📈 Don't miss the chance to earn steadily! 👉 Connect to CopyFX with THS and start copying profitable trades right now! 💡 Details on our channel and in the app!
ICEEUR:BRN1!Long
by Trade_Hive_Signals
Silver- Obvious Head and Shoulder pattern, with great potential!Hi guys, today we are overlooking Silver (XAG/USD) with some great Technical analysis. Currently the overview is on a 1D time frame making this opportunity Mid-Term as to how much time we would expect it to reach it's destination. Currently as we can see on the chart there has been a perfect formulation of the typical Head and Shoulders pattern. Additionally I would say on a shorter term the overall price has entered and formuilated a Descending Channel, which boost's our confidence in the price action that we are expecting. Additionally we are looking into the fundamentals so we can get the extra confidence in the price action that we are targeting. Entry: 29.31 Target: 26.60 which is just above the Strong Support Level Do let me know what you think about this analysis in the comments and what is your overview on this great Precious Metal.
TVC:SILVERShort
by DG55Capital
XAU/USD : More Fall Ahead? (READ THE CAPTION)By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further declines. This analysis will be updated.z Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
31
USOIL Will Move Lower! Sell! Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 72.837. Considering the today's price action, probabilities will be high to see a movement to 68.454. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILShort
by SignalProvider
1
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel and is creating symmetrical triangle and is moving in a descending AND is moving in an Ascending channel. We expect a decline in the channel after testing the current level. The chart broke through the dynamic Resistance area, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
TVC:GOLDLong
by TheGrove
3
XAUUSD - Gold reached its previous day's target!Gold is above the EMA200 and EMA50 in the 4-hour timeframe and has exited its short-term bullish channel. The correction of the price of gold towards the demand zones will provide the opportunity to buy it with the appropriate risk reward. In the early days of 2025, gold prices surged by over $40, regaining some of the losses from December and once again capturing investors’ attention. Although December’s decline in gold prices was not significant, it was disappointing for many investors—especially considering the positive news at the start of December 2024 that the Chinese central bank had resumed its gold purchases after a months-long pause. Several key factors are currently shaping the outlook for the gold market. First, the release of China’s economic data on January 7 is expected to play a crucial role in influencing the market. Second, the weak start to 2025 for Chinese equities and domestic investors’ disappointment with the lack of tangible economic stimuli, particularly in the consumer sector, have acted as supportive factors for gold. Additionally, the Federal Reserve’s interest rates and the strength of the US dollar remain important elements to watch. While US bond yields dipped slightly today, the dollar remains strong. For gold to replicate its impressive 2024 performance, a reversal in the dollar’s upward trajectory will be essential. Gold had a very strong performance in 2024, but it now appears to be entering a phase of range-bound movement for a period. Historically, gold has exhibited back-and-forth fluctuations, and with US interest rates continuing to rise, this trend could work against it. Analysts estimate that the $2,500 level could serve as a price floor in the first quarter of 2025. Any price dips are likely to attract buying pressure, though a significant upward breakout is not expected. A key factor that could support gold would be a decline in the 10-year US Treasury yield. For instance, if the 10-year yield drops below 4%, it could trigger a significant rise in gold prices. However, there is little interest in selling gold under current conditions.It is predicted that gold’s behavior in 2025 will resemble its performance in 2021, where buyers were present but no substantial upward movement occurred. Should gold break above the $2,800 level, this could trigger major changes and push prices toward the $3,000 mark. It would not be surprising if this happens at some point during 2025. However, the first few months of the year are expected to favor range-bound price movements.
FOREXCOM:XAUUSDLong
by Ali_PSND