Gold’s Liquidity Gap: Bearish Signals Align with Market Shifts🔍 Insights from FVG (Fair Value Gaps):
The chart highlights key Fair Value Gaps (FVG) – liquidity voids that price tends to revisit and fill.
FVG acts as a magnet: Prices often retrace to these zones to rebalance liquidity.
Currently, gold is trading near the strong resistance level of $2,786, which could trigger a significant correction.
📊 Key Levels to Watch:
Major Resistance Zone:
$2,786 - $2,790: This is a strong resistance area where a reversal is highly probable if selling pressure dominates.
Important FVG Zones:
$2,728 - $2,683: Price is likely to revisit this zone to fill the liquidity gap.
$2,580: If selling pressure persists, this zone will be the next target.
🔄 Market Behavior and SWAP CHARGE Alignment:
SWAP CHARGE shifting from buying to selling:
This is a strong indicator that selling volume is gaining dominance, aligning with the likelihood of price retracing to lower FVG levels.
Formation of a bearish trend:
Failure to break the $2,786 resistance and potential retracement toward lower FVG zones reinforce the expectation of a bearish cycle.
💡 Conclusion:
Forecast: Given the current market behavior and SWAP CHARGE data, it is highly likely that gold prices will correct toward lower FVG zones such as $2,728, $2,683, and even $2,647.
Trading Strategy Tips:
Closely monitor price reactions at major resistance levels before entering trades.
Use the FVG zones as key targets when the bearish trend is confirmed.
👉 Reminder:
Always set your TP/SL levels to protect your account and manage risks in this volatile market.
📢 Follow KevinNguyen-SimpleTrade for more in-depth analysis and effective trading strategies! 🚀
Commodities
GOLD: Will a Pullback Follow This Rally?📊 Technical Analysis Recap:
Following yesterday’s analysis, our market outlook remains on point, delivering a 100-pip profit from our BUY signal. While there have been minor pullbacks, they’ve not been significant enough to break the market’s bullish structure. Our weekly plan has aligned perfectly with the arrows plotted on the chart.
🔍 Key Market Insights for Today:
The higher timeframe remains bullish, with GOLD nearing critical resistance levels that may signal a potential strong pullback as the week closes.
GOLD continues to trade within an ascending channel, with additional BUY opportunities marked on the chart (dashed lines).
⚡️ Key News Events:
Today features the release of Flash Manufacturing PMI and Flash Services PMI data. While not major drivers, being the final trading day of the week, these events could trigger 30-35 points of volatility.
Keep an eye on potential spikes toward upper resistance levels, which could set the stage for a significant pullback. For now, we continue to focus on the bullish trend, with updates to come during the European and U.S. sessions.
📈 Key Resistance Levels:
🟥 2774 - 2782 - 2788
📉 Key Support Levels:
🟩 2754 - 2745 - 2736 - 2724
🎯 Suggested Trading Strategies:
🟢 BUY SCALP:
Entry: 2745 - 2743
SL: 2739
TP: 2748 - 2751 - 2755 - 2760
🟢 BUY ZONE:
Entry: 2738 - 2736
SL: 2732
TP: 2742 - 2746 - 2750 - 2755 - 2760
🔴 SELL SCALP:
Entry: 2774 - 2776
SL: 2780
TP: 2770 - 2766 - 2762 - 2758 - 2752
🔴 SELL ZONE:
Entry: 2788 - 2790
SL: 2795
TP: 2785 - 2782 - 2778 - 2772 - 2766 - 2760
⚠️ Important Notes:
📌 Trade Carefully: Volatility may spike during the week’s closing sessions.
📌 Watch for Reversals: Look for signs of significant corrections near key resistance levels.
👉 Stay tuned for real-time updates during the European and U.S. sessions!
💬 Share your thoughts in the comments!
📢 Follow KevinNguyen-SimpleTrade for daily insights, actionable strategies, and precise trade setups. Let’s conquer the market together! 🚀
Gold Hits 3-Month High Amid Uncertainty 🌍 Market Update:
Gold surged to its highest level in nearly three months on Wednesday, January 22, trading just below its record high. The rally is driven by:
✨ Key Drivers:
💵 Weak USD: The USD Index hit a 3-week low, making gold more attractive for non-USD holders.
📉 Policy Uncertainty: Lack of clarity on Trump’s trade and economic policies supports gold as a safe-haven asset.
🔍 Trump’s Speech Insight:
During the inauguration, no clear economic or tariff policies were announced, hinting at strategic priorities. This fuels USD correction and strengthens gold. However, a pro-USD statement could trigger a sharp reversal, so stay cautious.
📈 Market Sentiment:
🟢 Bullish Trend: Gold remains strong but approaches critical resistance levels on D1 and H4.
❗ Caution: Avoid selling until reversal patterns or strong bearish signals emerge.
📊 Key Levels to Watch:
Resistance: 🟥 2764 - 2774 - 2788
Support: 🟩 2745 - 2725 - 2715 - 2705
🎯 Trading Plan for XAUUSD:
🟢 BUY SCALP:
Entry: 2746 - 2744
SL: 2740
TP: 2750 - 2754 - 2758 - 2762
🟢 BUY ZONE:
Entry: 2726 - 2724
SL: 2720
TP: 2730 - 2735 - 2740 - 2750
🔴 SELL SCALP:
Entry: 2774 - 2776
SL: 2780
TP: 2770 - 2767 - 2763 - 2760
🔴 SELL ZONE:
Entry: 2786 - 2788
SL: 2793
TP: 2782 - 2779 - 2775 - 2770
⚠️ Reminder:
📌 Trump’s critical speech today may affect monetary policies and gold prices.
📌 Always follow TP/SL rules to protect your account during high volatility.
👉 What’s your view on gold this week?
💬 Share your thoughts in the comments below!
📢 Follow KevinNguyen-SimpleTrade for daily insights, strategies, and precise trade setups! Together, we conquer the market! 🚀
Gold prices have surged despite the strengthening of the USDThis rise is attributed to the weakening of the USD and uncertainty surrounding the policies of US President Donald Trump. Investor concerns about the potential for a trade war and market volatility have driven demand for gold as a safe-haven asset.
President Donald Trump is currently considering imposing a 10% tariff on imports from China, effective February 1st. This is also the same date he previously announced a 25% tariff on imports from Mexico and Canada.
Given these developments, I expect gold prices to continue rising, primarily due to increased buying for safety ahead of new actions by President Trump. Gold prices are now approaching record-high levels.
Key economic data to watch this week:
- Thursday: Weekly Initial Jobless Claims report in the US
- Friday: S&P Flash PMI and Existing Home Sales data in the US
Based on technical analysis, with support levels at 2,621 and 2,658, gold has maintained its upward momentum. With the latest support at 2,694, gold continues to trend higher and may break through resistance at 2,758. The trendline also indicates a short-term bullish trend.
If there are no significant changes, traders may set stop-loss (SP) at 2,680 and take-profit (TP) at 2,750 to protect profits and minimize risk.
Uptrend Intact: Can Gold Break Through 2800?🌟"Uptrend Intact: Can Gold Break Through $2800? 🌟"
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
Gold prices rally as market awaits Fed's next moveGold (XAU/USD) continued its weekly uptrend on Thursday, marking its third consecutive day of gains. The precious metal surged past $2,760 per troy ounce for the first time since early November, fueled by lingering uncertainty surrounding announcements from President Trump, particularly on tariffs.
The US Dollar (USD) regained some of its recently lost appeal, with the US Dollar Index (DXY) rebounding and moving away from multi-week lows. Meanwhile, US Treasury yields showed mixed movements across different maturities.
On the political front, President Trump announced plans to impose tariffs on the European Union, Canada, and Mexico and disclosed that his administration is considering a 10% tariff on imports from China. He justified this move as a response to fentanyl being smuggled into the United States from China via Mexico and Canada.
Economic and Policy Implications for Gold
While gold is traditionally considered a hedge against inflation, analysts caution that Trump's tariff policies could complicate its outlook. If the tariffs spur inflation, the Federal Reserve (Fed) may be compelled to keep interest rates higher for longer, reducing gold's appeal as a non-yielding asset in a high-rate environment.
What's Next for Gold?
Looking ahead, market focus will likely remain on developments from the White House, especially during a week with few major economic data releases. Investors are also gearing up for the Fed meeting on January 28–29, where interest rates are expected to remain within the 4.25%-4.50% range.
Amid escalating political uncertainty and central bank decisions, gold remains a crucial asset to monitor, with potential for further volatility.
Technical Analysis of Gold Prices
A close look at the 4-hour technical chart reveals a persistent uptrend, as gold has broken above the resistance line of its ascending wedge channel. This resistance is now acting as a new support level, indicating the potential for further upside momentum. Technically, a swift breakout above $2,760 and consolidation above $2,763 would likely accelerate the rally. Conversely, if gold breaches its support, it could retest lower levels, such as the $2,723 zone (aligned with the 0.618 Fibonacci retracement level), before resuming its long-term bullish trend.
Trading Strategy
For now, a buying strategy remains favorable. However, always set your Take Profit (TP) and Stop Loss (SL) levels to safeguard your account and mitigate risk. As market conditions evolve, disciplined risk management will be your best ally.
Gold Price Today, January 22: Hits 2-Month HighGold prices today rose sharply to the highest level in more than two months due to a drop in the USD, making gold cheaper for holders of other currencies. Investors are flocking to gold due to concerns about the tariffs that U.S. President Donald Trump may impose on goods from Canada and Mexico in February. Trump's policies could also lead to higher inflation, causing the FED to maintain high interest rates, which would impact gold prices.
As you can see, on the technical chart at 4 PM, gold is trading with an upward trend and with support at 2,692, gold could gain momentum and potentially reach the 2,800 target. The stop-loss (SL) can be placed below the support level at 2,680 to minimize risk. With this upward trend, if gold continues its momentum and surpasses 2,700, it is highly likely that the price of gold will keep rising and challenge the 2,800 range in the coming days.
For investors, this is a time to pay close attention and monitor market fluctuations. If gold continues to maintain its upward trend with strong external support, it could be a great opportunity to enter the market and capitalize on the next price increases. However, it is important to adjust strategies in response to changes in the political and economic landscape to protect profits and minimize risk.
"Gold Next Stop: 2800?"Current Price Action Analysis:
1. Price is currently testing the 2750 psychological level
2. Formation of consecutive higher lows and higher highs since December
3. A significant volume node is visible around the current price level
Key Levels :
1. The November low at 2,536 created a strong demand zone
2. Previous resistance at 2,720 (green box) has been breached and is now acting as support
3. Recent price movement shows strong institutional buying with minimal pullbacks
Intraday Trading Perspective:
1. Support: 2700-2,720 (previous resistance now support)
2. Resistance: R2 at 2,762 and R3 at 2,800
Swing Trading Perspective:
1. Primary trend is strongly bullish above rising trendline
2. Major support zone: 2700-2,720
Current Market Context:
- Strong momentum indicates potential for further upside
- The clean break above previous resistance suggests institutional buying
- Volume profile shows good liquidity at current levels
Best Trade Setups:
1. Intraday: Buy pullbacks to 2,700-20
2. Swing: Enter on daily closes above 2,750 targeting 2,800 o wait forLower Price zone as marked on chart ,market structure suggests maintaining a bullish bias and I am still holding my buy entries on gold and silver
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
Gold prices today, January 21: Unexpected sharp reversalGold prices have risen slightly due to a weaker USD as the market assesses the economic impact of President Trump’s policies following his inauguration. A Trump administration official stated that the president will issue a trade memorandum on his first day in office without imposing new tariffs.
The price spread between futures and spot gold has widened recently as traders speculate on the impact of U.S. import tariffs. While gold is a hedge against inflation, Trump’s tariff policies could lead the Federal Reserve to maintain higher interest rates for a longer period, which would reduce the appeal of gold.
However, dovish comments from Fed Governor Waller and reports about gradually applied tariffs have led traders to adjust their expectations, now predicting two rate cuts this year instead of just one. Gold is currently in an upward price channel and could continue to rise if it holds support at 2,693.
From a technical analysis perspective, gold is currently in an upward price channel with clear upward waves. The new support level at 2,693 reinforces the bullish trend, and if gold holds above this level, it could continue to target higher levels. The next significant resistance is around 2,720 – 2,730, and if broken, gold could continue to rise sharply to 2,750.
The Take Profit (TP) level could be set in the 2,750 – 2,760 range, while the Stop Loss (SL) should be placed around 2,680 – 2,690 to mitigate risk if the price reverses. If gold breaks the support level at 2,693, this could signal a reversal, and it is recommended to reconsider the strategy.
Gold’s Momentum: Will Trump’s Inauguration Drive XAUUSD to $2,75🌍 Market Overview
The financial world is closely watching gold prices as Donald Trump prepares to take office on January 20, 2025. With gold trading above $2,700, the market anticipates fresh momentum to push prices even higher.
💡 Insight:
Gold has solidified its uptrend in recent weeks, becoming a safe-haven asset amidst uncertainty. Whether XAUUSD can hit $2,750 depends on market sentiment and USD developments.
📊 Key Points to Watch This Week
Trump’s Policies:
His first statements will set the tone for USD. A dovish approach or heightened uncertainty could support gold.
📊 Key Technical Levels
$2,723 - $2,725: The primary resistance zone that, if broken, could lead gold to test $2,748.
$2,748 - $2,750: Key zone to watch for a potential breakout continuation.
Support Levels:
$2,694 - $2,690: The immediate support zone within the Fibonacci retracement at the 50% level.
$2,679 - $2,682: A critical support zone, aligning with the Fibonacci 61.8% level, which acts as a bullish defense.
$2,662 - $2,657: The 0.786 retracement level, representing deeper correction possibilities
DXY (USD Index):
The dollar is hovering near key support levels. A downside break could fuel gold’s rally further.
Market Sentiment:
During political transitions, investors often turn to gold as a safe-haven asset. This could sustain gold’s short-term uptrend.
🚀 Trading Strategy Ideas
Key Drivers for Gold:
Geopolitical tensions: Trump’s trade or international policies could boost gold.
Fed rate expectations: USD might weaken if rate cut expectations rise.
Investor sentiment: A risk-off market environment will likely drive gold higher.
Scenario Planning:
Bullish Case: If prices break $2,723, the next target is $2,750.
Bearish Case: If DXY strengthens, gold may pull back to $2,680.
🤔 What’s Your Take?
Do you think gold will surpass $2,750 this week?
👉 Comment below and follow me for more in-depth insights from CMF – Core Market Flow!
USOIL or CRUDEOIL DOwntrend Movement upto 76.5/75.15/74Symbol : USOIL or CRUDEOIL
TIMEFRAME 1HOUR
Analysis DOWNTREND Movement
can expect the target upto 76.5/75.15/74
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Will Gold Break $2,723 Amid Trump’s Inauguration? 20-24/01🌍 Market Overview
The upcoming week promises significant volatility with major events, especially on January 20, 2025**, as Donald Trump officially assumes the presidency. His new trade and economic policies could shake global financial markets, directly impacting USD and gold prices.
📊Key Economic Data from the US:
1. 🗓️ PMI Data (Jan 24, 2025): The manufacturing and services reports will provide insights into the US economic health.
2. 📉 Initial Jobless Claims (Jan 23, 2025): Weak data could pressure the USD and support gold.
3. 💵 US Dollar Weakness (DXY): The Dollar Index is hovering near a critical support zone, potentially driving gold higher.
💡Insight:
With gold's strong rally in recent weeks, the price has surpassed $2,700. If support levels hold, XAUUSD could test the resistance at $2,723 and potentially reach $2,750.
📈 Technical Analysis
On the 4-hour chart, XAUUSD is trading within a rising channel, with key support and resistance levels identified:
🟢 Key Support:
$2,696 - $2,679: This strong support zone helps maintain the bullish structure.
$2,660 - $2,650: A deeper correction could test this zone.
🔴Key Resistance:
$2,723 - $2,725: A critical resistance zone. A breakout here could lead to a rally toward $2,750.
$2,786: A higher target if bullish momentum strengthens.
💡 Trading Strategy
🟩BUY ZONE: 2681 - 2679
SL: 2675
TP: 2685 - 2688 - 2692 - 2696 - 2700
🟥SELL ZONE: 2722 - 2724
SL: 2728
TP: 2718 - 2715 - 2710 - 2706
🤔 What’s Your Take?
Will the inauguration of President Donald Trump on January 20 provide the momentum needed for gold to break $2,723?
👉 Comment below and follow me for more in-depth insights from CMF – Core Market Flow!**
Gold Trading Strategy FOR 17th January 2025Detailed Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 2725.
Trigger: Buy when the price moves above the high of the candle that closed above 2725.
Targets:
First Target: 2733
Second Target: 2742
Third Target: 2750
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2725 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2733, another portion at 2742, and the remaining position at 2750.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 2704.
Trigger: Sell when the price moves below the low of the candle that closed below 2704.
Targets:
First Target: 2694
Second Target: 2685
Third Target: 2677
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2704 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2694, another portion at 2685, and the remaining position at 2677.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Gold: if this.... then that Current Price Structure:
There's a clear upward trendline forming from the November low
The market has formed a significant support zone (marked in green) around 2636-2640
A resistance zone (marked in red) exists around 2710-2720 level
Current price is showing bullish momentum at 2698
Multiple liquidity levels have been created above recent highs
The market has been making higher lows and higher highs, indicating bullish control
Potential Scenarios:
Primary target seems will be R1 at 2720.005
If price breaks above R1 , next targets will be R2 (2750.635) and R3 (2803.320)
Support levels to watch: S1 (2636.690), S2 (2584.005), S3 (2553.375)
The bullish structure remains valid as long as price stays above the upward trendline
Gold Current PA before NFPCurrent PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
Gold PA Check: Bulls Taking a break Near 2,670 The price is hovering around 2,671, and , it seems like price is playing a bit of a waiting game here. We've got this nice upward trend (Short rally but still looking good) since late December, which is encouraging for the bulls, but we're seeing some hesitation at current levels.
For Intra day, I'd keep a close eye on that 2,680 level - if we break above that with decent volume, we could see a nice move up. But here's the thing - the volume's been pretty average lately, nothing too exciting, which suggests people might be waiting for a clearer signal maybe waiting for CPI data today.
For Swing/ longer-term positions, the setup actually looks quite healthy to till time. We're making higher lows, which is always good to see, and that support around 2,630-40 seems pretty solid. The big test will be whether we can push through that 2,700-2,720 zone - that's where things could get interesting.
One thing I particularly like is how the price is respecting that pivot level at 2,667. It's acting like a nice reference point for current PA.
The market's in a bit of a consolidation phase right now for Intra day - so if you're planning any trades, you might want to wait for a clear breakout with volume confirmation rather than trying to force anything in this choppy action.
Key risk level: Below S1 (2,636) would invalidate bullish bias for Intra day and for Swing .
Silver's Ready to Shine? The Silver showing good bullish sentiment as the price has shown resilience by bouncing off significant support and breaking through resistance levels.
Expecting a move towards 34.0000 is is possible if buyers defend 29-30 level on daily TF, especially if the price can maintain above the recent highs and continue to show higher volume on upward movements.
The price has recently moved through a liquidity zone around 30.51025, suggesting that smart money might have taken advantage of this area to initiate trades, pushing the price higher.
The volume at the recent low was significantly higher , indicating strong buying pressure at this level, which is positive for a bullish outlook.
So i think it is good idea to consider a swing buy at current price level i.e., around 30-30.35 area for the target of 34,40 and 50.