Get started

Buy-sell

Gold is in a strong uptrendOn the chart, gold is currently trading above both the 34 AND 89 EMAs, reinforcing the short-term uptrend. However, I see that gold has not broken out of 2,720. If it breaks out of here, the uptrend will be confirmed. In addition, gold prices are currently fluctuating in the context of the Bank of Canada cutting interest rates. The European Central Bank (ECB) and the Swiss National Bank (SNB) will further cut interest rates later this week. From there, the market expects a third interest rate cut by the US Federal Reserve (FED) next week. Another development is that investors have increased their purchasing power after China resumed buying gold. Especially when this country announced that it will apply a suitable monetary easing policy in 2025. Therefore, gold is still considered a safe investment channel and tends to increase in an environment of increasingly decreasing interest rates.
OANDA:XAUUSD
by luxubu_trader
2
US Inflation Pressures MarketsOn the 4-hour chart, gold is currently testing the support zone at $2,680–2,670, near the 34-EMA and 89-EMA. The key resistance zone is located at $2,720–2,726. Gold prices fluctuated wildly today after the US inflation report showed that the producer price index (PPI) in November increased by 0.4% compared to the previous month, far exceeding expectations of only 0.2%. This information has increased concerns about inflationary pressures, causing investors to sell stocks and shift capital to safe-haven assets such as gold. On the monetary policy front, the ECB continued to cut interest rates for the fourth time this year, fueling expectations that the Fed will also cut interest rates at its upcoming meeting. This could put downward pressure on gold if the USD regains strength. I predict that gold prices will continue to fluctuate within the range of 2,670–2,700 USD, with the possibility of further decline if the support zone of 2,670 USD is broken.
OANDA:XAUUSD
by luxubu_trader
EURUSD is currently in a downtrend channelOn the chart, the EURUSD pair is currently trading in a downtrend channel. In addition, the EMA 89 is currently above the EMA 34, which shows that the short-term downtrend is dominant, especially in the context of the USD being supported by recent positive economic data. Personally, I see that the short-term trend is still down. In the coming time, if this currency pair breaks out of the 1.04500 level, it will fall to the next target around 1.04000.
by luxubu_trader
EUR/USD Remains Within Downward ChannelOn the 1-hour chart, EUR/USD is trading around 1.0462, remaining within the downtrend channel that has been forming over the past few sessions. The RSI (14) is currently at 40.43, near oversold territory, indicating that bearish pressure remains but a short-term correction is possible. Short-term prediction I expect EUR/USD to continue trading within the downtrend channel, with the possibility of testing the support level at 1.0440. If this zone is broken, the price could continue to fall further. Conversely, a slight correction could see the price test the resistance level at 1.0485, but the possibility of breaking out of the downtrend channel is low in the short term.
by luxubu_trader
EUR/USD Unexpected DropThe EUR/USD currency pair has been showing significant volatility recently, with the current trend being bearish, as it has broken above both the 34 and 89 EMAs. This indicates an increase in selling pressure, with the current price at 1.05240, lower than the previous days, and approaching the important support level at 1.05000. Notably, there is also a gap on the chart, indicating a sudden interruption in trading, which is often a sign of sudden important news or events. Personal opinion: In the current context, although the bearish trend may be worrying for many investors, I believe that this could also be an opportunity to buy at low prices if the euro starts to recover. The fact that the price is currently below both EMAs could further deepen the downtrend, but this could also lead to a strong recovery if there are supporting factors from economic data or from the policies of the European Central Bank.
by Maria_aaa
How to Navigate Gold Investments in the Current Context?In recent days, gold prices have seen a significant decline, currently at $2,630/ounce, down to $18. This reflects clear pressure from investors as they see that US inflation is not yet "hot" enough to expect an early interest rate cut from the Fed, although the core personal spending index has increased by 2.8% over the past 12 months. In correlation with strong economic indicators and current geopolitical sentiment, gold may no longer be the safe haven it has always been. Looking at the chart, it is clear that gold prices are struggling to maintain the important support level at $2,640, which was clearly broken in the recent trading session. Technical analysis shows that gold is trading below both the 34 EMA and the 89 EMA, which suggests that the short-term downtrend could continue. However, this also opens the door for a price recovery if there are unexpected positive economic signals. My personal short-term view is that gold prices may continue to be under downward pressure. Stronger-than-expected US economic data and no signs of a change in the Fed's monetary policy are the main factors that are putting pressure. However, in the long term, I remain optimistic about the value of gold as a safe investment, especially in the context of central banks around the world such as Poland and Hungary actively buying gold as a hedge against geopolitical uncertainties.
OANDA:XAUUSD
by Maria_aaa
Selling Pressure at Resistance, Downtrend Forecasting AheadThe 4-hour chart of USD/JPY shows a clear bearish pattern after the price failed to break above a key resistance level around 152.000. The slight bounce we saw recently may have been a weak attempt to retest this level, but with the lack of strong buying momentum, the price seems to be preparing for a deeper decline. The rebound and reaction at this resistance area is typical of a distribution market, where previous buyers may be looking to cut their losses, and new sellers are entering the market. The 34 EMA has crossed below the 89 EMA, a sign that the downtrend may continue. I appreciate the retest of the resistance level and see this as an opportunity to consider short positions. If the price breaks below the current support around 150,280, this could initiate a new bearish phase, towards the next support level around 149,000.
by Maria_aaa
Gold: Turning Point at $2,650, Recovery or Bearish?On the 1-hour chart of gold, we are witnessing a crucial point as the price is trading close to the 34 EMA and 89 EMA, both of which are forming an area of ​​technical support around $2,650/ounce. The convergence of these two EMAs, combined with the current price, provides an indication that the market may be in a decisive phase. Technically, if the gold price holds and starts to recover above this support level, it will confirm stability and the potential for a short-term rally, towards the next resistance level. Conversely, a clear and sustained break below $2,650 could open a new bearish trend, sending the price further down, testing lower support levels. Based on the current moves and market structure, my personal view is that gold prices are likely to see short-term stability above the EMAs, setting the stage for a mild recovery.
OANDA:XAUUSD
by Maria_aaa
EUR/USD: Breakout from Triangle AccumulationThe EUR/USD 1-hour chart shows a triangle pattern forming, which is a sign of accumulation before a breakout. A breakout of this pattern to the upside, as it has recently done, could signal that the next bullish trend is likely to continue. The price has broken above the EMA 34 and is approaching the EMA 89, which suggests that the bullish trend may be increasing. If the price sustains above the EMA 89 and continues to break above the previously drawn horizontal resistance around 1.0577, we can expect a significant upside move. Personally, I would advise traders to closely monitor the price interaction with the EMA 89 and the resistance at 1.0577 in the coming hours to determine a suitable trading strategy. At the same time, it is indispensable to follow economic news that may affect EUR/USD to get a comprehensive view of the current market trend.
by Maria_aaa
EUR/USD: Hot Spot at 1.0594, Opportunity or Challenge?Looking at the 4-hour chart of the EUR/USD pair, I see a few key points that indicate the potential for the trend to develop in the near future. The pair has recently shown a fairly clear recovery from the lows, with the price currently trading near the important resistance level of 1.0594. This level has acted as resistance in the past and could now test the ability of traders again. From a technical perspective, the price approaching this level could lead to two main scenarios: If EUR/USD can break above 1.0594, we could see the rally continue to higher levels, possibly reaching 1.0650 or higher.
by Maria_aaa
Gold Stabilizes Amid Policy and Inflation WaitLooking at the 4-hour chart of gold, we can see a sideways trend in recent trading sessions, especially during the Thanksgiving holiday when the market lacked strong transactions. The stability of gold prices at $2,636/ounce reflects investors' waiting for new signals from the market and policymakers. The highlight of the chart is the current support and resistance levels. Gold is trading below both the 34 and 89 EMAs, indicating downward pressure, although not too strong. The recent crossover of these two EMAs suggests some price instability, but not enough to determine a clear trend. In the current context, there are a number of macro factors affecting gold prices that investors should pay attention to. First, expectations of a Fed rate cut in 2025 based on PCE data showing slowing inflation could weaken the USD and support gold as a safe-haven asset. Second, concerns about new tax policies from the Trump administration could create uncertainty in financial markets, making gold more attractive as a safe-haven option. Personally, I think gold is likely to remain stable or slightly increase in price in the short term, reflecting its role as a hedge against risk in the current environment.
OANDA:XAUUSD
by Maria_aaa
Gold DowntrendBased on the 1-hour chart of gold trading against the USD, I see a few key points for investors to pay attention to. After a strong rally, gold has seen a significant drop, with the price breaking below both the 34 EMA and 89 EMA, suggesting that a short-term downtrend may be forming. From a technical perspective, the crossover between the two EMAs has previously been a sign of a trend change, and the current price holding below these lines suggests that selling pressure may continue. This rapid decline could be the result of investors taking profits after the price reached new highs.
OANDA:XAUUSD
by Maria_aaa
GBP/USD Strong Bearish TrendWith the price moving below both the Bollinger Bands and the SMA. The expansion of the Bollinger Bands indicates that volatility is increasing, a typical sign in a deep downtrend. The pair has been in a downtrend since October, with new lows being set continuously. The closest support level we can observe is around 1.25730, which the price has recently touched. A break of this level could lead to a further decline, while a positive reaction here could provide an opportunity for a short-term technical recovery. In the current market environment, based on what I see from the charts and my understanding of the economic factors affecting GBP/USD, my personal view is that the downtrend of the pair is likely to continue. The increased volatility and the price continuously setting new lows are clear signs that selling pressure is taking over. I expect that any price recovery will likely be quickly sold off in the current downtrend. Upcoming economic events and policy statements from Central Banks may provide additional data to assess the pair's outlook in more detail, and I will continue to monitor closely and adjust my trading strategy accordingly.
by Maria_aaa
Sideways Trading Amid Lack of TrendOn the 1-hour chart of EUR/USD, the price is trading between the 34 and 89 EMAs, indicating a sideways market in the short term. The lack of a strong uptrend or downtrend suggests that investors may be waiting for more data or news that could impact the euro or dollar. From my technical analysis perspective, the market looks like it will continue to trade in the current range until there is more economic data or important political events to establish a clearer trend.
by Maria_aaa
Gold Fluctuates: Geopolitical and Inflation ImpactThe 4-hour gold chart clearly shows the volatility caused by geopolitical and economic events. Gold prices have recovered from lows due to inflation concerns from the new US tax policy, indicating that safe-haven demand for gold remains strong. Currently, the key support level is at $2,603/oz, with resistance at $2,634/oz. Any break of these two levels will indicate the next direction for gold prices. Market Comment: Based on technical analysis and current situation, I expect gold prices to increase in the short term. Inflation concerns from the new US tax measures could weaken the USD, supporting gold prices. If prices hold above $2,603/oz and continue to react positively, I expect a further rally, possibly reaching or exceeding $2,634/oz.
OANDA:XAUUSD
by Maria_aaa
Possible Test of Major SupportThe EUR/USD chart shows a clear bearish trend, with the price moving within a steady downtrend channel, being pushed down after each approach to the upper line of the channel. Recently, it seems that the price has tested the resistance level in the resistance area but failed and was rejected strongly, which shows the strength of the selling pressure in this price area. From the current price position, the next important support point is located at around 1.03500. If the price continues to decline and breaks this support level, it could lead to a deeper decline. Overall, the current trend for EUR/USD is negative, and traders should be wary of the possibility of further declines. Keeping a close eye on the support and resistance levels will help determine the appropriate times to enter or exit the market.
by Maria_aaa
New Gold Mine in China: Aftershocks in the Gold MarketWhen analyzing the daily gold chart, I noticed that a long-term uptrend has been reversed with a clear break below the rising channel line. This tells me that the market may be preparing for a new bearish phase. This decline occurred even as there was news from the US and other major economies on inflation and monetary policy, which would normally have a strong impact on gold prices. In addition, China's discovery of a gold mine with estimated reserves of over 1,000 tonnes in Hunan province is not only a geological event but could also be a major mover in the global gold market. With gold prices failing to hold the 34 EMA and falling further, the next support area I see is around $2,520 to $2,560/ounce. This will be a key point to see if gold will continue its downtrend.
OANDA:XAUUSD
by Maria_aaa
Deep Downtrend and Gap AnalysisThe GBP/USD 4-hour chart shows a clear downtrend, with price consistently moving below both the 34 and 89 exponential moving averages (EMAs), which is a clear indication of the strength of the current downtrend. These EMAs are also acting as strong resistance levels, preventing any further price recovery. From the chart, it appears that a gap has been created during the price decline. In the short term, if price starts moving back to “fill the gap” and breaks above this level, it could signal a reversal or at least some stabilization before resuming the current trend. However, if price continues to fall and fails to return to fill the gap, this would further reinforce the downtrend and could test lower support levels.
by Maria_aaa
Gap Analysis and Gap Filling PotentialThe EUR/USD chart shows a gap, which occurs when the price jumps across a certain range without any trading taking place between the two prices. Currently, the price pattern suggests that there is a possibility of a gap filling, meaning that the price could move back to fill the gap in the near future. This usually happens when the market reacts to a sudden and unsustainable price move. The gap filling is likely to occur if EUR/USD continues to decline and approaches the key support level at 1.0400, a point where many traders may use to re-price or place new buy orders. This is an important move to watch, as it could influence the short-term trend and momentum of the market.
by Maria_aaa
Gold Rebounds Strongly After US ElectionThe current chart shows that gold has made an impressive recovery after two consecutive weeks of losses, with a clear increase, marking an increase of $135/ounce in the past week. This comes amid a gradual replacement of the pessimism following Donald Trump's election victory by renewed optimism among traders and experts. Through chart analysis, it is clear that gold is in a strong recovery process. The short-term EMA has crossed above the long-term EMA, indicating a positive trend reversal. This is in line with the results of the latest Kitco News survey, where the majority of experts (89%) and retail traders (66%) predict that gold prices will continue to rise in the coming week. Looking ahead, I expect this optimism to continue to support gold prices, at least in the short term.
OANDA:XAUUSD
by Maria_aaa
Gold Surges: Political Momentum and New OutlookAmid the escalating Russia-Ukraine conflict, gold witnessed a sharp increase in price, closing at $2,716/ounce, reflecting strong demand for safe-haven assets. This recovery was evidenced by the price of gold breaking above both the 34 and 89 EMAs, indicating a reversal from the previous downtrend and opening up a positive outlook for prices in the short term. I assess that global political factors along with the upcoming US economic policy will continue to be the main factors affecting gold prices. Investors should pay attention to these developments when making investment decisions in the current context.
OANDA:XAUUSD
by Maria_aaa
EUR/USD Faces Strong Bearish Pressure: Is 1.0390 a Stop?The EUR/USD chart is currently showing a clear bearish trend as the price continues to stay below both the Bollinger Bands and the SMA. In particular, the downward cross of the SMA by the price line indicates that the bearish momentum is still very strong. From a technical perspective, the next important support level could be at 1.0390, if the downtrend continues. It will be important to monitor whether EUR/USD can stabilize and recover at this level, or if it continues to decline. The recovery could be difficult as the short-term moving average (SMA) and the Bollinger Bands are still above the current price, forming strong resistance. Overall, the current trend shows challenges for the euro, and I will continue to closely monitor the technical indicators to adjust my trading strategy accordingly
by Maria_aaa