Get started

Commodities

Gold : Bulls are in ControlGold is currently trading at 2,987, showing significant bullish momentum after breaking above its previous all-time high of 2,956.73 (weekly pivot level). The recent price action showing strong upward momentum with a clear breakout pattern ,Gold has successfully broken and established price action above the previous all-time high of 2,956.73, which is now acting as a support level. Potential Scenarios: Primary Scenario (Bullish continuation) : Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong. Secondary Scenario (Pullback then rise) : Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
OANDA:XAUUSDLong
by TheGoldenCircle
XAUUSD Analysis: Bearish Reversal with Potential for Liquidity📉 XAUUSD (Gold Spot vs USD) Analysis - 3H Chart 🌟 Shooting Star Pattern Detected: The market has formed a shooting star, a bearish reversal candlestick, signaling potential weakness at the top. 📍 Key Resistance Zone (Purple Box): Price action has been rejected from this area, showing strong selling pressure. 🔍 If Break Scenario: Should the price break below the 2,949 support zone (🔵), we can expect a bearish drop 📉 with potential liquidity grab before a pullback for a new all-time high (ATH) 🚀. 🧐 Market Sentiment: Bearish bias for now, but watch for a potential reversal after liquidity is swept. ✅ Trader's Tip: Wait for a clean break and retest before entering a short position. 🎯
OANDA:XAUUSDShort
by MrStellanSight
Gold (XAU/USD) 30-Minute Analysis Bearish Breakdown Towards Gold (XAU/USD) 30-Minute Analysis – Bearish Setup📉 Key Observations: 1.Rising Wedge Breakdown: - The price has been moving within an ascending channel(EA TRADE LINE). - A potential breakdown is forming as the price approaches resistance. EMA Levels: -30 EMA (Red, 2,986.22: The price is hovering near this level, showing potential weakness. -200 EMA (Blue, 2,950.00) This is the first major support level in case of a decline. 3. Bearish Projection: - A break below current leve could trigger a sharp drop. - The **target zone is around 2,902.73 – 2,902.41, aligning with prior support. 4. Risk Management: Stop-loss (Red Zone): Placed above 2,990.86 to protect against invalidation. Take-Profit (Green Zone):Set near 2,902, offering a strong risk-to-reward ratio Conclusion: -Bearish Bias: A drop seems likely if the price fails to reclaim higher levels. Confirmation Needed A clean break of 2,980 could accelerate the move. -Risk Facto If price reclaims 2,990+, the bearish setup might be invalid.
CAPITALCOM:GOLDShort
by EA_GOLD_MAN_COPY_TRADE
2
GOLD TRADING POINT UPDATE > READ THE CHPATIANBuddy'S dear friend 👋 SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 list week profitable profomans reached target point 2961 ) New technical analysis setup for Gold 🪙 a short trend 📉 analysis setup. Guys 🤝 Gold 🪙 1 Time Frame 🪟 patterns chart 📉. Looking for selling zone ☺️ 🤝 FVG level 3006$ 2996$ rejected point below 👇 ⬇️ target point 2832 - 2818. ) again back 🔙 that entry buying said. Update you next analysis Guys 🤝 now follow it' good luck 💯 Key Resistance level 2996+ 3006 Key Support level 2832 - 2818 Mr SMC Trading point Pales Support boost 🚀 analysis follow)
FOREXCOM:XAUUSDShort
by SMC-Trading-Point
GOLD (XAU/USD) Weekly Analysis – Correction or Breakout Ahead?Last week, gold (XAU/USD) hit a new all-time high (ATH) at 3005, but a sharp correction followed, bringing prices down to the 2980 - 2985 zone. This volatility suggests that the market is seeking equilibrium before determining the next move. For the upcoming week, all eyes are on key economic data from the U.S., particularly the Federal Reserve's monetary policy and inflation indicators. These factors will directly impact the USD and gold’s direction. 📉 Gold Market Outlook After a strong rally, gold is now in a corrective phase, absorbing liquidity before a potential continuation. Based on the technical chart: The FVG (Fair Value Gap) formation suggests that gold might revisit lower levels to fill liquidity before resuming its trend. The overall trend remains bullish, but key support levels need to hold for continued upside movement. The market awaits signals from the Fed and U.S. economic data to determine the next major move. 🔥 Key Factors to Watch This Week 1️⃣ Federal Reserve Policy – Will Rates Remain High? The Fed has maintained a hawkish stance, but if upcoming economic data show signs of weakness, expectations of rate cuts or easing policies could support gold. 👉 Scenario 1: If the Fed remains committed to tight monetary policy, gold could face more selling pressure and test deeper support levels. 👉 Scenario 2: If the Fed signals a more dovish stance, the USD could weaken, boosting gold prices. 2️⃣ U.S. Inflation & Economic Data – The Game Changer Key reports like CPI and PPI will be the driving force behind market movements. If inflation slows down, expectations of a Fed rate cut will rise, pushing gold higher. 👉 Higher-than-expected CPI: The Fed may keep rates high → Stronger USD → Gold under pressure. 👉 Lower-than-expected CPI: Expectations for easing policies increase → Weaker USD → Gold rebounds. 📌 Key Support & Resistance Levels for GOLD 🔹 Major Resistance Levels: 3014 - 3034: A crucial zone where previous selling pressure emerged. 3050: A breakout above this level could open the door for further upside movement. 🔹 Major Support Levels: 2942 - 2915: The FVG zone, where liquidity might be filled before a potential rebound. 2885: A breakdown below this level could trigger a deeper correction. 🎯 Conclusion Primary Trend: Gold remains in a long-term uptrend, but a short-term correction is possible before resuming the bullish move. Market Catalyst: The direction of gold this week will be dictated by the Fed’s stance and U.S. inflation data. Key Levels to Watch: 2915 - 2942 as critical support zones, while 3014 - 3050 will act as major resistance. 🔥 This week, closely watch gold’s reaction at key support and resistance levels to assess its next move! 🚀
OANDA:XAUUSDShort
by MMFlowTrading
GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋. SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold 1H time. Look 👀 first take FVG level that take entry buying said target point 2959 New ATH wait for FVG level good luck 🤞 Key Resistance level 2930 + 2959 Key Support level 2909 - 2902 - 2896 Mr SMC Trading point Pales support boost 🚀 analysis follow)
FOREXCOM:XAUUSDLong
by SMC-Trading-Point
3
XAU#24: Gold hits $3,000. Will there be a correction?💎 💎 💎 So OANDA:XAUUSD has successfully achieved the $3,000 mark thanks to tariffs and economic growth concerns. Let's continue to plan for gold FOREXCOM:XAUUSD : 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 The trade war due to tariffs as well as expectations of slowing inflation and concerns about economic growth will push the Federal Reserve to cut interest rates this year are the main drivers of gold's safe-haven demand. 2️⃣ **Technical analysis:** 🔹 **D Frame**: Gold broke through the resistance area of ​​2955 strongly and reached the 3000 mark the next day. The uptrend is very clear. Although the weekend closed with a pinbar, this is likely to be short-term profit-taking pressure as the market enters the weekend trading day and comes from the 3000 round mark 🔹 **H4+H1 frame**: the price returns to a strong uptrend after accumulating the 2900~292x area. The price reaction at the psychological level of 3000 is weak when the price does not have a clear corrective reaction. 3️⃣ **Trading plan:* ✅ There is still no clear sign of adjustment. Gold prices will continue to increase if trade tensions escalate from tariff retaliation orders. Although touching the psychological resistance of 3000, the price reaction is insignificant, showing that market sentiment is still optimistic about the prospect of gold's increase. The top priority is not to FOMO according to the price line. We can wait for the price to return to the support area to look for trading opportunities. 💪 **Wishing you success in achieving profits!**
ICMARKETS:XAUUSD
by TonyL0ng
Gold waiting to be bought or stopped tradingOn Thursday, gold in the US market rushed upward. The price broke through the high point of 2956 and accelerated to rise. The current highest point is 2990. This position is 100% of the previous round of rise and expansion. It belongs to the resistance area. Pay attention to whether it can suppress the bulls. The amplitude after breaking the high is larger than expected! After gold broke through the previous high of 2956 yesterday, the gold bulls were strong, and it was no longer the same volatile market as before. The gold bulls began to exert their strength! In the short term, the current increase has been more than 50 US dollars. It is obviously very risky to chase more. Shorting is also against the trend. The trend belongs to the bulls. The gold 1-hour moving average continues to cross upward and the bulls are arranged and diverge. The gold bulls are in high spirits. Gold is likely to set a new record high again and go to the 3000 line. Then there is an obvious trend change. The only way is to follow the trend and go long. Going with the trend is light and fluttering, and going against the trend is messy. Key points: First support: 2972, second support: 2963, third support: 2956 First resistance: 2998, second resistance: 3008, third resistance: 3018 Operation ideas: Buy: 2970-2973, SL: 2962, TP: 2990-3000;
TVC:GOLDLong
by Jun-GoldAnalyst
1
XAU/USD Bullish Outlook: Wyckoff Accumulation & Breakout PotentXAU/USD (Gold) - 2H Chart Analysis 🏆📈 🔹 Wyckoff Structure Insight The chart shows signs of a Wyckoff Accumulation phase. UTAD (Upthrust After Distribution) at the previous highs suggests a liquidity grab. Test of the resistance level before a strong rejection downward. SOW (Sign of Weakness) was observed, but buyers regained control. 🔹 Key Technical Levels Fair Value Range marked below, showing a potential area of demand. Unfilled Imbalance (EMB unfilled) signals an area where price might revisit before continuing upward. Gap below indicates a previous liquidity sweep before the bullish reversal. 🔹 Trend & Price Action Current price action is showing higher lows and bullish structure development. Projected bullish move 📈 is expected to test the $2,940+ region. 🔹 Trading Bias: Bullish ✅ A retracement to the EMA or minor pullback could offer re-entry opportunities. Invalidation level: Below $2,900, where momentum could shift bearish. 🚀 Gold remains strong; watch for breakouts above $2,940!
OANDA:XAUUSDLong
by MrStellanSight
XAG/USD (Silver) 4H Chart Analysis – Bearish Setup📉 XAG/USD (Silver) 4H Chart Analysis – Bearish Setup 🚨 🔍 Key Observations: Supply Zone (POI - Point of Interest) 🟪: The price is approaching a strong resistance area around $33.23 - $33.50. Liquidity Grab (LQ) & Rejection Expected ❌: The previous major liquidity zone (LQ) suggests a possible fake breakout or rejection. Bearish Projection ⬇️: The chart outlines a potential reversal after reaching resistance, leading to a drop towards $31.00 - $30.50. 📌 Trading Plan: Short Entry 🎯: Around $33.20 - $33.50 (if price rejects this area). Target 🎯: Major demand zone at $31.00. Stop Loss 🚨: Above $33.60 (to avoid fakeouts). Confirmation Needed 📊: Look for bearish candlestick patterns (e.g., engulfing, wicks, or double top formations). ⚠️ Final Thoughts: Bearish Bias ⚠️ unless price breaks and holds above $33.50. Monitor market conditions 🧐—news and fundamentals could shift momentum. 🔥 Trade smart! What do you think?
OANDA:XAGUSDShort
by MrStellanSight
IS GOLD HEADING FOR A NEW ALL-TIME HIGH? USD LOSING GROUND!📌 Market Overview For the past three months, the US Dollar (USD) has been consistently weakening, signaling a significant shift in the financial markets. With the latest CPI report showing weaker-than-expected figures, USD remains under pressure in the short term. However, long-term indicators suggest a potential recovery, implying short-term weakness but long-term strength for the dollar. Meanwhile, GOLD continues to benefit from this USD downturn, both fundamentally and technically. As previously highlighted, our bullish bias remains intact, and we will continue to look for early buy opportunities at key support zones while monitoring the next resistance levels at all-time highs (ATH). 📊 CPI Impact on USD & GOLD – What’s Next? 🔹 USD’s Short-Term Weakness vs. Long-Term Resilience The weaker-than-expected CPI figures have put immediate downside pressure on the USD. However, in the long run, this could signal a bottoming phase for the dollar, setting the stage for future strength. For now, USD weakness supports GOLD's bullish momentum, allowing for further upside potential. 🔸 GOLD’s Continued Strength – Aiming for New Highs? With weaker USD and a risk-off sentiment, GOLD remains a preferred asset for investors. Our strategy stays focused on buying dips, particularly around key support zones. The upcoming PPI report (Producer Price Index) will be another crucial factor influencing inflation expectations and USD movement. 📉 Key Technical Levels for GOLD 🔹 Major Resistance Levels: 2,945 - 2,956 - 2,972 - 2,988 🔻 Major Support Levels: 2,931 - 2,922 - 2,914 - 2,906 - 2,898 🎯 Trading Plan for Today 🟢 BUY ZONE: 2,922 - 2,920 📍 SL: 2,916 🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950 🔴 SELL ZONE: 2,955 - 2,957 📍 SL: 2,961 🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930 ⚡ PPI Data Tonight – Another Market Mover! 📌 Tonight, the PPI (Producer Price Index) report will be released, measuring inflation at the production level. 📌 A weak PPI print could add short-term bearish pressure on USD, further supporting GOLD’s bullish bias. 📌 However, in the long run, stable inflation could provide support for USD, reinforcing its recovery trend. 📢 Traders, be prepared for increased volatility! Stick to TP/SL levels to protect your capital. 🚀🔥 💬 What’s your view? Do you think GOLD will hit new ATH levels, or will USD start its recovery soon? Let’s discuss in the comments!
OANDA:XAUUSDLong
by MMFlowTrading
1
GOLD VIEW 3H READ THE CAPTAINHello 👋 gold traders 3-hour timeframe of Gold Spot (XAU/USD) with technical analysis levels and moving averages. Here’s a breakdown of the key points: Key Observations: 1. Support & Resistance Levels: Support Level: Around 2,909.870 - 2,902.340 (marked as the buying zone). Resistance Level: 2,930.173. Target Point: 2,960.607. 2. Exponential Moving Averages (EMAs): 30 EMA (Red Line): 2,909.870 (Short-term trend). 200 EMA (Blue Line): 2,884.578 (Long-term trend, acting as strong support). 3. Price Action: The price is currently in a consolidation phase around the resistance zone. If the price breaks above 2,930, we might see a bullish move toward the target at 2,960. If the price fails to break resistance, a pullback to the buying zone (support level at 2,909-2,902) is possible. Trading Strategy Ideas: Bullish Scenario (Breakout Above 2,930): Look for long positions targeting 2,960. Bearish Scenario (Rejection at Resistance): A retest of the buying zone (2,909 - 2,902) before another push higher.
OANDA:XAUUSDLong
by EA_GOLD_MAN_COPY_TRADE
Gold short-term trend analysisTechnically, gold closed higher on the daily line, and the New York closing price once again stood above the 2900 mark of the MA10 daily moving average. The current price is adjusted above the MA7/5 daily moving average at 2908/10, the RSI indicator is above the middle axis, the Bollinger Band daily chart is flat, and the price is adjusted at the middle track 2913. The Bollinger Bands of the short-term four-hour chart are gradually shrinking, with the upper track at 2930 and the lower track at 2888. The moving average forms a golden cross again, and the RSI indicator adjusts above the middle axis. The hourly chart forms a converging triangle interval consolidation. The triangle interval is currently oscillating at 2922, suppressed by the upper track, and supported by the lower track at 2893. The medium-term long-short dividing line is still the key position of 2930. Yesterday's gold market was a surge in the Asian and European sessions. The intraday market was bullish. The recent market was in the form of a fluctuating rise, that is, the continuity was not strong after each break, and it was pulled up after a retracement. Therefore, today's market should try to choose to retrace and do more. The current support for gold is 2906-2900, of which 2922 is the high point of today, and 2906 is the starting point of the hourly chart. The focus below is on the 2906 low and the 2900 mark, which is also the support of the golden section and the trend line support point since the rise of 2880. The short-term pressure above is 2922! Focus on the recent high of 2930. There was a certain retracement when it first touched 2930. If it breaks through again, the continuation will be larger. After breaking through 2930, the next target is the historical high of 2956. Key points: First support: 2906, second support: 2900, third support: 2893 First resistance: 2922, second resistance: 2930, third resistance: 2948 Operation ideas: Buy: 2890-2893, SL: 2882, TP: 2920-2930; Sell: 2928-2930, SL: 2939, TP: 2900-2890;
TVC:GOLDLong
by Jun-GoldAnalyst
XAU#23: Gold Continues SW – Waiting for a Boost from CPI News?🔥 Immediately after the decline FOREXCOM:XAUUSD , there was a recovery with a large amplitude. Looking at the price reaction, we will plan the next step OANDA:XAUUSD : 🔥 1️⃣ **Fundamental analysis:** 📊Gold rises on tariff concerns, but is under pressure from the Ukraine-Russia ceasefire agreement 🔹Gold prices rise on a weaker USD and increased demand for safe-haven, as concerns about a US economic recession become more evident. 🚀The US market faces risks from Trump's tax policy, Fed interest rates and slowing growth of large technology companies. Weak CPI & PPI data could prompt the Fed to ease policy, creating conditions for gold prices to continue to be supported. 📌 In recent days, trade wars and geopolitics have continuously coordinated the price of gold. Continuous declarations of tax imposition, response and withdrawal have caused the price to fluctuate strongly. 2️⃣ **Technical analysis:** 🔹 **Frame D**: The bullish price structure has not changed. Yesterday's price increase brought momentum to the prospect of gold's increase. However, to break out of the SW zone, we will need strong enough momentum from both news and price structure. 🔹 **Frame H4**: The downtrend has been confirmed when the price reacted strongly in the resistance zone. The price continues to be in the old SW zone. We will have to wait for confirmation from the price structure in this area to predict the trend and wait for the opportunity to establish a position. 🔹 **Frame H1**: The bearish price structure has been established and yesterday was a recovery to the resistance zone. It is too early to say that the price will break through the SW area. 3️⃣ **Trading plan:* ⛔ At the current price range, the price line is likely to SW waiting for today's CPI news. If we have not established a position, we should not FOMO at this time. Because the information given at this time can change at any time and the price line has not been clearly confirmed. ✅ An ideal scenario when the price has a correction to retest the H4 trendline. The upward momentum will be clearer when the price bounces from support. However, yesterday's price increase has not ended yet, so we should wait for the price structure to appear more clearly to place an order. 💪 **Wishing you successful trading!**
ICMARKETS:XAUUSD
by TonyL0ng
Silver Following Our Blueprint Perfectly - Latest PA Update Looks like my previous analysis on silver played out exactly as expected! That black arrow path we discussed when silver was trading in the 29-30 zone has materialized beautifully, bringing us to our current price of 32.74. Current Technical Picture Silver is giving us some strong bullish signals right now. After testing the immediate support zone at 31.80-32.20 (marked as "Immediate support" on the chart), price has bounced nicely. This area has proven to be reliable support during this recent leg up. The red horizontal resistance zone around 34.80 is the next major hurdle to overcome. This level caused rejection back in October 2024, so we can expect some selling pressure there initially. The key correlation right now is with gold. Silver tends to follow gold lead but with amplified moves. If gold manages to break out of its range (as we discussed in the gold analysis today), silver could really take off with an explosive move higher. The current setup remains bullish as long as price stays above the immediate support zone (31.80-32.20). The risk/reward for longs is quite favorable here, with multiple support levels underneath current price. The major support at 30 (green horizontal line) looks solid, providing a clear level to manage risk against for longer-term positions. I'm watching for gold to provide the trigger for silver's next big move. Once gold confirms its direction, silver is likely to follow with even greater percentage moves. This setup continues to develop exactly as predicted in our previous analysis .
OANDA:XAGUSDLong
by TheGoldenCircle
1
Gold in Choppy RangeAfter breaking down from its trading range,gold quickly found buyers near the 2880 level, demonstrating strong support in that area. The bounce was impressive, pushing price back into the key decision zone between 2900-2930 (clearly visible as those two horizontal rectangles on the chart).Right now, gold trading at 2914.44, right in the middle of this range area. This is now a "no trading zone" where bulls and bears are battling for control. If gold can close a day above 2920-30, we could see a fresh rally targeting the all-time high. The momentum from such a breakout might even propel gold to new ATH territory. On the downside, 2880 is now the major support to watch . A decisive break below this level could trigger more substantial selling. Keep in mind that while we're in this 2900-2930 zone, price action remains indecisive. It's smart to wait for confirmation of the next move rather than trying to predict the direction inside this choppy range.
OANDA:XAUUSD
by TheGoldenCircle
2
GOLD WEEKLY OUTLOOK – AWAITING CPI & PPI IMPACT! GOLD WEEKLY OUTLOOK – CPI & PPI TO DRIVE THE NEXT MOVE! 🔥 GOLD REMAINS IN A RANGE – BREAKOUT OR CORRECTION AHEAD? 🔥 📌 Market Overview Gold continues to trade sideways within a wide range, despite last week’s disappointing Nonfarm Payrolls (NFP) report for the U.S. economy. Even though the jobs data was weak, gold failed to break a new high, indicating that investors may have anticipated the report. Key market focus is now shifting towards Trump’s trade policies & inflation rather than employment data alone. 👉 After the news release, gold reacted briefly but lacked strong bullish momentum, continuing to trade around $2,910 before closing the week at this level. 📉 TECHNICAL ANALYSIS – KEY PRICE LEVELS 🔹 Resistance Levels to Watch: $2,929: Immediate resistance; breaking this level could confirm bullish momentum. $2,943 - $2,954: Major resistance; a breakout here could push gold towards $2,970+. 🔻 Support Levels to Watch: $2,884: Closest support; breaking this could open the door for further downside. $2,872 - $2,859: Strong support zone where buyers may step in. $2,840: A critical level, especially if the upcoming CPI & PPI reports strengthen the USD. 📊 KEY EVENTS IMPACTING GOLD THIS WEEK 📅 CPI & PPI – The Major Catalysts Ahead 💡 Expectations: If CPI and PPI come in higher than expected ➜ USD strengthens, and gold may correct lower. If CPI and PPI are weaker ➜ USD weakens, and gold could break resistance to continue its uptrend. ⚠️ Key Technical Clues to Watch: Gold needs to break out of the $2,926 - $2,896 range to confirm a trend direction. Resistance at $2,926 - $2,928 is still holding, which doesn’t favor BUY setups yet. If gold drops below $2,896 - $2,884, the likelihood of a deeper correction increases. 🎯 TRADING PLAN 🔵 BUY ZONE: $2,874 - $2,872 📍 SL: $2,868 🎯 TP: $2,878 - $2,882 - $2,886 - $2,890 - $2,900 🔴 SELL ZONE: $2,944 - $2,946 📍 SL: $2,950 🎯 TP: $2,940 - $2,935 - $2,930 - $2,926 - $2,922 ⚡ CONCLUSION 📌 Wait for price reaction at key levels before making trading decisions. 📌 Focus on the $2,926 - $2,896 range to determine the main trend. 📌 Strictly follow TP/SL to protect your account and maximize profit! 💬 What’s your take? Will gold break higher or correct deeper? Drop your thoughts below! 🚀🔥
OANDA:XAUUSDShort
by MMFlowTrading
GOLD MARKET UPDATE – IS THE NEXT LEG DOWN COMING?🔥 GOLD BREAKS DOWN – MORE DOWNSIDE BEFORE A BIG MOVE? 🔥 📌 Market Overview As anticipated in yesterday’s analysis, Gold has broken down from its long-term sideways range. Based on the current price action, I still expect another leg down toward the 285X zone, before a potential strong rebound. For now, the priority remains on SELL setups as long as the breakdown holds. 👉 Market sentiment is cautious as investors look to take profits and avoid unnecessary risks ahead of key U.S. inflation data. 📊 FUNDAMENTAL FACTORS IMPACTING GOLD 💡 Trump’s Tariff Policies & Market Uncertainty U.S. President Donald Trump imposed a new 25% tariff on imports from Mexico & Canada on March 4th, along with additional tariffs on Chinese goods. Just two days later, he partially reversed the decision, suspending tariffs on Mexican imports and certain Canadian products for one month. This inconsistency in policy is increasing market volatility, making Gold a preferred safe-haven asset. 💡 Investors Holding Back Ahead of U.S. Inflation Reports Traders are hesitant to take aggressive positions before key U.S. inflation figures are released. If inflation comes in higher than expected, the USD may strengthen, pushing Gold lower. If inflation data is weaker, Gold could regain momentum and head towards new ATH levels. 📉 TECHNICAL ANALYSIS – KEY LEVELS TO WATCH 🔹 Major Resistance Levels: 2,905 - 2,912 - 2,919 - 2,927 🔻 Major Support Levels: 2,866 - 2,858 - 2,845 - 2,825 🎯 TRADE SETUPS FOR TODAY 🔵 BUY ZONE: 2,846 - 2,844 📍 SL: 2,840 🎯 TP: 2,850 - 2,854 - 2,858 - 2,862 - 2,866 🔴 SELL ZONE: 2,825 - 2,827 📍 SL: 2,830 🎯 TP: 2,820 - 2,816 - 2,812 - 2,808 - 2,800 ⚡️ CONCLUSION 📌 Gold remains in a downtrend after breaking out of its previous range – watch for further downside before a strong bounce. 📌 Investors are cautious ahead of inflation data, and Trump’s tariff policies continue to create market uncertainty. 📌 Stick to TP/SL to protect your capital & avoid unnecessary risks! 💬 What’s your take? Will Gold drop further before rebounding? Let me know in the comments! 🚀🔥
OANDA:XAUUSDShort
by MMFlowTrading
Gold Following Our RoadmapSo, Gold has been following the anticipated downward movement as predicted...the price has broken below the significant 2900 psychological support level. More downside potential exists as price now breakdown the consolidation zone and buying will be valid only after a decisive breakout and close above 2930 or Better buying opportunities likely to emerge at lower supports (S2-S4 range) as indicated by the green arrow on chart. Key Levels : Immediate Resistance: 2900-2910 zone Strong Resistance: Previous Week High at 2930. Immediate Support: Previous Week Low at 2,858. Strong Support: 2828 for this week and 2800 as psychological support level .
OANDA:XAUUSDShort
by TheGoldenCircle
USOIL - TRADING NEAR IMPORTANT DEMAND ZONE - TREND REVERSAL?Symbol - USOIL CMP - 66.58 The USOIL has recently experienced a decent correction over the past few weeks, which has provided an opportunity for price consolidation near an important support zone before the potential upward price growth. This correction has allowed the market to stabilize, and the recent price action suggests that the price may show a reversal from the major support zone which has held since March 2023 Geopolitical tensions and OPEC production cuts continue to play a significant role in influencing oil prices, while global economic recovery, particularly in major consuming nations, provides further optimism for sustained demand. These factors are likely to continue supporting oil prices as market participants remain cautious about future supply disruptions. With the recent correction now completed, USOIL appears poised for further upward momentum, especially if these bullish fundamentals continue to hold. Technically, the key support level to watch is $66.50 - $65.20 If this level is defended by the bulls, the price is likely to push towards the $69.00 - $70.20 range, which represents the next major resistance zone. Resistance levels: $69.15, $70.20 Support level: $66.00, $65.20 The price has recently tested the $65.20 support zone. A potential false breakdown could occur here, aimed at capturing liquidity before prices resume their upward trajectory. With the correction phase likely behind us, renewed buying interest in USOIL could drive prices higher as the uptrend continues to unfold.
TVC:USOILLong
by akshit_official