GOLD Will Collapse! SELL!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2694.1 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2685.5
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.
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WISH YOU ALL LUCK
Commodities
GOLD/XAUUSD BIG SELL COMINGI provided a buy signal from 2630 to 2690, generating 600+ pips in the recent week. Building on this success, I’ve identified new trading opportunities based on current market dynamics.
Market Dynamics
Resistance Zone (2710 - 2720):
Price has previously faced rejection at this level twice, marked by a red circle, indicating strong selling pressure. This is a supply zone where sellers are likely to dominate.
Support Zone (2656 - 2664):
A green circle marks a demand zone where buyers have consistently stepped in. This level is expected to hold, providing a potential bounce opportunity.
Projected Price Movement
1. Scenario 1 – Reversal at Resistance:
Price hits 2710 - 2720, faces rejection, and falls back to support near 2656.
2. Scenario 2 – Support Bounce:
Price rebounds from 2656 - 2664 and targets resistance at 2710 - 2720.
3. Alternative Breakout:
A breakout above 2720 signals continued bullish momentum, invalidating the sell setup.
Trade Strategy
1. Sell between 2710 - 2720
Stop-Loss: 2728
Target: 2656
2. Buy between 2656 - 2664
Stop-Loss: 2646
Target: 2710
Conclusion
This strategy focuses on high-probability trades within defined ranges, using precise entry points and stop-loss levels for risk management.
Please like, follow, comment, or share to support.
GOLD at Key Resistance Zone – Potential Bearish CorrectionGOLD is at a significant resistance zone, marked by historical price rejections and heightened interest from sellers in the past. If the price confirms a rejection from this resistance level, I anticipate a short-term bearish move toward the 2,692.88 level, which represents a logical target within the current market structure. This setup aligns with the expectation of a correction after a sharp rally into resistance.
Traders should monitor this zone closely for rejection signals, such as bearish candlestick formations or increased selling pressure, to confirm the likelihood of a pullback.
THE KOG REPORTTHE KOG REPORT
In last week’s KOG Report we said for the first half of the week we will be looking for the price to attempt the low-level support 2625-30 to complete the move from the week before which we achieved. We wanted this level to give us the bounce upside for the long, which was almost to the pip, hitting our target upside for another short completing the bearish targets.
We then updated traders with the long trade before NFP which we traded level to level until we released the NFP KOG Report on Friday. For this report we gave the levels of interest and our plan, and although we didn’t manage to capture the exact level for the long, some traders managed to get in on the move hitting the target on the nose. It’s at that red box level we then shorted again to close the week.
What a week in Camelot, not only a point to point moves across the week on Gold but we completed a whopping 22 targets across the other pairs we trade and analyse.
Well done to the community and traders.
So, what can we expect in the week ahead?
For this week we have the key levels above 2700 and above that 2710, which could be possible targets for bulls to attempt during the course of the week. Below, we have the key levels of 2665 and the key level 2650-55 which will be this week’s bullish above bias level. Ideally, on open we want to see a brief test of that high, if rejected we would like to see this come back down to complete the move downside from Fridays’ NFP. It’s these lower levels that need to be monitored, the 2665 region which is where if we want to go up, we don’t want to see a break below and below that, then the extension of the move into the 2645-50 region.
We’re a little too high to attempt the long and we’re also holding protected shorts from above, so a progressive move down would suit before then finding a base to attempt that long unless Excalibur says otherwise.
At present, we can not get to carried away with the long-term direction, a visit into 2700 with a strong break above 2720 is needed for this to continue the move upside, while a break below the 2640-45 region is needed for this to confirm the move further downside. It’s still possible we continue this range until a further breakout so for that reason we’ll play it intra-day for now following our trusted algo and additional tools we have in place.
KOG’s Bias for the week:
Bullish above 2650 with targets above 2700, 2706 and above that 2716
Bearish on break of 2650 with targets below 2640 and below that 2635
RED BOXES:
Break above 2690 for 2700, 2703, 2706, 2710 and 2724 in extension of the move
Break below 2680 for 2667, 2665, 2655 and 2640 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
GOLD - XAUUSDWe will look at the logarithmic chart of gold starting from 1975.
We see the two cycles. I drew a line along the tops of these peak values and made a parallel one, thereby forming an upward trend channel.
If we talk about the Elliott Waves, then we'd the peak of the third wave in 2011 - the strongest wave and it's during the 2007-2008 crisis.
Now we're on the cusp of a real breakthrough and amid of the potential instability in the world, gold will be a protective asset. There are many fundamental factors for its growth.
On the other hand, if we talk about local movement, then we've broken through the resistance of triangle below and made the first wave up, after which there should be a correction - either in a small triangle or to the support line of the global channel, and after that, there'll be the strongest impulse of the third wave which will break 1900+.
In my analysis, I say that it's the global 5th uptrend wave and we'll see some updating of new highs over the next few years.
Best Regards EXCAVO.
SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 30.135 area.
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Crude OIL Follow the plan Oil is one of the main tools that pressure the global economy. This tool is manually controlled; I will not repeat who owns it.
For the last 10 years, I have seen this pattern very often when we see a triangle that breaks down, but before it collects liquidity from above and breaks the upper resistance
I talked about it in a previous post
The idea is still the same; the timings are stretched longer.
I intend to pick up a historical start this year, most likely at the end of the year.
That's my lazy plan.
The realization is more complicated because opening a position at the ideal entry point will be challenging. All shorts will be liquidated and stop out for a long time, so we will probably have to stand in the reversal formation phase for a long time.
I could go on and on about politics and how it's explained to you on TV. But I don't do that.
Best regards EXCAVO
GOLD - Potential Bearish Rejection at ResistanceGold is approaching a key resistance zone, which aligns with the upper boundary of the ascending channel. This area has the potential to act as a strong barrier, leading to a bearish pullback if sellers regain control.
A rejection at this resistance could push the price back toward the $2,698-$2,700 level. If this level holds, it may provide a base for buyers to attempt another rally.
However, a failure to hold above the $2,698 level could signal further bearish momentum, potentially targeting lower areas within the channel. Traders should watch for confirmation, such as bearish candlestick patterns or strong rejection wicks, at the resistance zone.
XAU/USD H4 Analysis: Bullish Continuation with Key Target!H4 Analysis – XAU/USD
Current Price: $2,668
Gold is currently consolidating within a well defined upward channel on the 4h timeframe. The market has exhibited steady bullish momentum after bouncing off a key support zone around $2620. Recent price movements show strong bullish momentum, pointing towards a possible move to higher resistance levels.
Key Features:
- Resistance Zone: Around $2730, where price could face selling pressure.
- Support Zone: Around $2660, aligning with the trendline, acting as a potential entry point.
- Trendline Support: The trendline drawn indicates a steady bullish climb, with price respecting this dynamic support.
- Target Zone: The ultimate target for this analysis is at $2,760, which aligns with a historical resistance level.
There are a few news events this week that could impact our analysis. I will update this idea with any potential entry opportunities.
GOLD → Testing Key Resistance with Potential to Reach 2726-2790OANDA:XAUUSD currently testing an important resistance level from which we can expect the price to continue rising to key levels such as 2726-2790. Technically, gold has entered the buying zone and the fundamental context supports it.
Gold is supported by weak US inflation data, moderate Fed expectations, hopes for Chinese stimulus measures, and fading concerns about President-elect Trump's disruptive trade tariffs which have supported the risk-on sentiment prevailing in markets, causing the US dollar to decline sharply.
Focus shifts to other economic data releases from the US, including December Retail Sales and Weekly Unemployment Claims, which will provide more clarity on the Fed's interest rate trajectory after January. Markets have fully priced in a rate pause at the Fed's policy meeting later this month. Gold prices will also remain dependent on any speculation surrounding Trump's tariff plans.
Technically, all eyes are now on the resistance zone at 2697-2700. If gold can consolidate above this area, buyers will quickly enter the medium and long-term playing field. But don't forget about the upcoming news releases.
Best regards, Bentradegold!
Analysis of gold review in simple languageHello guys
We came with gold analysis.
We have two scenarios:
1_ According to the upward trend, let the price reach the resistance range and maintain the range from there to open a sell transaction.
2- Let the price reach the support range and open the purchase transaction while maintaining the range.
In our opinion, the first scenario is more tolerant.
*Trade safely with us*
Could the price drop from here?USO/USD is reacting off the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 79.13
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 80.50
Why we like it:
There is a pullback resistance level.
Take profit: 77.49
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
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#XAUUSD DAILY ANALYSISDue to the buyer power that caused the micro-wave 4 correction to turn into a triangle... we have updated the chart again on the daily time frame... so that you are aware of the future events of #GOLD
We are happy that you have joined the group of professionals
And finally, PLEASE share this analysis with your friends...
Bullish bounce?WTI oil (XTI/USD) has reacted off the pivot and could rise to the 1st resistance.
Pivot: 79.16
1st Support: 78.07
1st Resistance: 80.83
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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XAGUSD Silver BEARISH - Head & Shoulders and Wedge BreakSilver has two patterns on the Daily TF that indicate a bearish direction ahead.
There is a complete Head & Shoulders pattern and also a Rising Wedge pattern that has been broke. Silver (XAGUSD) has recently had a bullish retracement to re-test both patterns and should start falling soon.
Short-Term TP = $28
Long-Term TP (from Head & Shoulders) = $24.60
Long-Term TP (from Wedge) = $20.70
I expect the short-term TP to be hit at least. The longer-term TP's may or may not be reached. What will probably happen is that the Head & Shoulders target will be reached and Silver will hold up around the $25 level.
NOTE : I personally love Silver and think it's a great long-term investment. I also consider it a highly manipulated market. I am bearish now based solely on the chart, but keep in mind that anything can happen with Silver!
GOLD - Potential Bullish Break & Retest SetupGold is currently trading above the $2,700 level, which previously acted as resistance and could now serve as support. If the price pulls back and buyers defend this level, it could confirm bullish momentum, leading to a continuation toward the next target at $2,712. However, failure to hold above the zone may invalidate this setup and signal potential bearish pressure.
This scenario aligns with the broader ascending channel structure, suggesting the potential for further upside if key support holds.
NATURAL GAS Long-term buy on the next pull-back.Natural Gas (NG1!) broke this month above its 1W MA200 (orange trend-line) for the first time in two years (last January 2023). Naturally this is a very bullish signal for the long-term and it is more effectively put into context by using our infamous 'Multi-year Cycles', which we introduced on Natural Gas a few years back.
As you can see, every time NG broke above the 1W MA200 after a Support Zone rebound since 1990, it pulled back towards the 1W MA50 (blue trend-line) before resuming the uptrend for a new High.
As a result, we will wait for that right pull-back opportunity to buy and target at least 6.000, which should be achieved by December 2026, which is the Top of the Sine Waves Cycle.
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Silver (XAGUSD): Position Update and New TargetsBack in October 2024, we successfully closed our second position at the exact top of wave 3, capturing the peak before XAGUSD dropped by 17%. We’re still holding our first setup, which remains open with the stop loss set at break-even.
We believe the bottom of wave 4 was established around $29, and the chart now points towards a move higher into wave 5. Our focus is on a continuation above the Point of Control (POC) into the $31.35–$32.90 range. At that point, we’ll look for an entry during the pullback (wave (iv)).
Alerts are set, and we’re ready to capitalise when the opportunity arises.
Gold trading strategy for today !The current XAUUSD chart shows gold holding its ground, demonstrating remarkable resilience at the critical support zone between $2,660 - $2,670. This area has consistently acted as a safety net for buyers, preventing any significant declines in recent sessions. The alignment of the 34-EMA (red) and 89-EMA (purple) just below the price further reinforces bullish sentiment, serving as a reliable indicator that the uptrend remains intact.
From a technical perspective, the price is approaching key resistance levels at $2,697 and $2,720, the latter carrying substantial psychological significance. A breakout above $2,697 could trigger a rally toward $2,720, while failure to clear this level might lead to a short-term pullback to retest the support zone. This would offer fresh buying opportunities before the next upward move. These scenarios are clearly depicted on the chart, with the blue arrow indicating continuation and the red arrow suggesting a minor retracement.
On the fundamental side, gold's performance is supported by a weaker U.S. dollar, driven by dovish signals from the Federal Reserve. Traders are eagerly awaiting upcoming U.S. data releases, including inflation and employment reports, which could significantly impact the dollar and, consequently, gold prices. Additionally, ongoing geopolitical uncertainties continue to enhance gold's appeal as a safe-haven asset, ensuring steady demand amid volatile market conditions.
In the short term, consolidation between $2,670 - $2,697 seems likely. However, a breakout above $2,720 could pave the way for further gains, targeting the $2,740 - $2,760 zone in the coming sessions. For now, all eyes are on the bulls to see if they can sustain this momentum and push gold beyond the current barriers.
As an analyst, I believe patience is key. Any retracement to the support zone could present opportunities to re-enter long positions, while a confirmed breakout above $2,720 may signal the start of a new bullish leg. Let’s keep monitoring price action for clearer signals.
What are your thoughts on these projections?
SPY/QQQ Plan Your Trade For 1-16 : Momentum Rally PatternToday's pattern suggests the markets will continue a rally phase - trending on the momentum from yesterday. It is likely the SPY/QQQ will attempt to rally and break away from the downward-sloping price channel I show on my charts.
Remember, my broader cycle pattern research suggests the SPY/QQQ will attempt to rally into Jan 20-23, then peak and roll downward/sideways into a Feb 9-10 V-Bottom pattern.
As I highlight in this video, the markets appear to be moving into a consolidation phase within the current downward-sloping price channel. I'm watching to see if the new Trump administration brings a BUMP (like last time) that breaks the US markets away from this consolidation trend.
Remember, the data on the US economy and earnings continues to be strong. A Trump-Bump will likely happen again, pushing the US markets into even greater dominance as the 900-lb Gorilla compared to other global economies.
However, until global central banks can move their economies to become more independent of US economic demand and imports, the process of working through the excesses of the COVID/Spending-spree administration (Biden) will continue as long as wealth in the US goes unchallenged (by some crisis or economic event).
So, again, expect the 900lb Gorilla to continue to dominate while there is no major crisis event in the future.
Gold and Silver should rally today on a RALLY pattern as well.
I believe BTCUSD is struggling to find support and may move downward over the next 10+ days.
We'll see what happens.
Get some.
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