Gold price rises as trade war tensions remain elevatedGold continued its upward trend on Friday as the trade war between the U.S. and China escalated and the U.S. jobs report presented mixed signals. XAU/USD is currently trading at $2,862, up 0.24%.
U.S. President Donald Trump's statement regarding the plan to impose retaliatory tariffs on several countries next week provided a positive boost to the gold market. Specifically, this escalation in tensions pushed gold prices higher as the precious metal remains seen as a safe-haven asset. With solid support at 2,841, the bullish momentum for gold has been reinforced. If gold surpasses the resistance at 2,880 and conquers the 2,900-dollar mark, the next key resistance will be the psychological level of 2,950, followed by 3,000 dollars.
With this positive outlook, investors are expecting gold to maintain its upward trend in the short term. However, if gold fails to hold above the 2,841 support and reverses lower, the next support level will be at 2,800 dollars, where a slight pullback may occur before determining the next direction.
Commodities
USOIL - BULLISH TREND WILL CONTNUE ?Symbol - USOIL
The USOIL has recently experienced a decent correction within its uptrend, which has provided an opportunity for price consolidation before the potential continuation of the bullish trend. This correction has allowed the market to stabilize, and the recent price action suggests that the uptrend is likely to resume, supported by a combination of supply constraints and growing demand expectations.
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 $72.50 - $73.00 If this level is defended by the bulls, the price is likely to push towards the $78.00 - $80.00 range, which represents the next major resistance zone.
Resistance levels: $78.00, $80.00
Support level: $73.00
The price has recently tested the $73.50 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.
NATURAL GAS - CAPPED UPSIDE & MORE DOWNSIDE?Symbol - XNGUSD
Natural Gas has recently been trading within a wedge pattern, which has now broken to the downside. This technical development suggests that the upside potential appears capped for the time being. The market is currently testing critical levels, and the broader outlook seems to be more focused on downward movement in the short to medium term.
There is a possibility of a breakdown retest around the 3.25 - 3.30 area, which could act as a key resistance zone. If this level holds, we could see a sell-off, confirming further downside pressure. The outlook for Natural Gas, in this context, leans bearish, with the price potentially targeting the 2.80 - 2.70 range in extension.
The market is closely watching weather forecasts and energy inventories, with any cold weather or supply disruptions potentially offering temporary support. However, unless these fundamentals change significantly, the technical breakdown suggests limited upside potential and further downside risks.
Resistance levels: 3.28, 3.20
Support levels: 3.00, 2.80
Technically, the current outlook favors a move lower, with further downside expected if the price fails to reclaim the 3.25 - 3.30 resistance. Should the retest of these levels hold, we could see a sell-off towards the 2.80 - 2.70 area. A failure to hold above the 3.10 support would reinforce the bearish sentiment and suggest further declines.
Gold price today (February 7): Unexpected reversalGold has ended a streak of five consecutive sessions of gains, dropping by 0.4% due to pressure from the recovery of the USD and profit-taking after the precious metal continually broke records, driven by heightened demand for safe-haven assets amid concerns over escalating trade tensions.
In my opinion, the combination of the strength of the US dollar, rising bond yields, and profit-taking has put pressure on gold prices ahead of the release of the US jobs report. A Reuters survey indicates that economists expect around 170,000 jobs to have been created in the previous month, after a sharp increase to 256,000 jobs in December 2024. The unemployment rate is forecast to remain unchanged at 4.1%.
The recovery in the labor market is boosting economic growth and may allow the Federal Reserve (Fed) to halt interest rate cuts as it assesses the inflationary impact of President Donald Trump's fiscal, trade, and immigration policies.
Based on the 1-hour chart, gold is currently moving within a downward price channel, with strong resistance at 2,876. After failing to sustain its upward momentum, gold has dropped to the first support level at 2,841. If it cannot recover at this support level, it is likely that gold will decline further toward the second support level at 2,812.
To manage risk and optimize trading opportunities, a stoploss can be set just above the strong resistance at 2,876, specifically at 2,880 or 2,885, to avoid being "spiked" by short-term fluctuations. The take profit can be set at 2,815 or 2,812 if gold continues to decline and tests the support levels. However, depending on your trading strategy and risk tolerance, you may adjust these levels to suit your objectives.
Gold : Need a reset ?Gold price is testing the daily resistance (R1) and price did not breakout this pivot resistance on daily ,we have seen a massive bull run on gold so we can consider following case for short to mid term from here :
Short-Term : there's a likelihood of a short-term pullback or consolidation (Don't take this as a sell call from me , I am still holding all my buy trades and will add on pullback). This would be a healthy (Yes and this will be a normal correction if it happen) move after a strong uptrend, allowing the market to digest gains . Watch for support at the green trendline and at the previous ATH.
Mid-Term: The strong volume during this uptrend suggests that there's still significant interest in buying gold ,so overall market structure and trend is bullish and we can re-buy from lower levels after a good confirmation.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading poi nt update you on New technical analysis setup list time post signals 🚀 Hit sucksfully My target 🎯 point 2877 Now ✅ update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 🚀 today us session. More bullish on Gold take a New ATH 2904 I'm long Now 2869 + 2904 Good luck 💯🤞
Key Resistance level 2880 + 2904
Key Support level 2866 - 2854 - 2845
Mr SMC Trading point
Plaes support boost 🚀 analysis follow)
Gold (XAU/USD) 4H: Bullish with Possible Pullback!!Gold (XAU/USD) 4H Chart Analysis: Bullish Trend with Possible Pullback
Key Observations:
1. Price Action & Trend:
The price is currently trading around $2,817.685.
The trend appears bullish, with a strong upward move.
There is a marked internal liquidity (Int. LQ) taken, indicating that liquidity has been absorbed, which could lead to further upside.
A market structure break (MB filled) suggests past resistance turned into support.
2. Technical Indicators:
Exponential Moving Average (EMA 200, red line) is at $2,709.123, which is significantly below the current price. This suggests that gold is in a strong uptrend.
Relative Strength Index (RSI, 14 close) is at 68.56, nearing the overbought zone (70) but still has room for potential upside.
3. Projected Movement:
The chart suggests a potential pullback (small consolidation) before further upward movement.
Fair volume ranges (marked in red) indicate levels where price may slow down or consolidate before continuation.
Price is above key liquidity levels, which may act as support.
Conclusion:
The trend remains bullish, and the price could continue rising after a minor consolidation.
Key levels to watch:
Support: Around $2,800 (former liquidity level).
Resistance: Next potential target is $2,840 - $2,860.
Risk Consideration: RSI is approaching overbought levels, so a short-term correction could occur before another push higher.
Silver (XAG/USD) Gaining Momentum – Next Target $32-$33?Silver is showing strong bullish momentum, currently trading around $31.53, with a +1.25% gain. The price has broken above key resistance levels and is now trading above the 200 EMA (currently at $30.48), which signals a potential continuation of the uptrend.
There's a fair volume range above, along with an internal liquidity level (Int. LQ), which could act as the next target. The market has already filled a previous market block (MB), suggesting that the structure is clean for further upside.
If this bullish momentum holds, the price could push toward $32 - $33 in the short term. A retest of support near $30.50 (200 EMA) would still keep the uptrend intact.
XAU#12: Blocking gold is burning? Experience when trading XAU🔥Yesterday we had a correction to 280x (slightly higher than the 279x analysis of analysis #11) which gave us a very nice buying position. Currently, the price is still continuing to conquer the next milestones. 🔥
💎 💎 💎 And here is the plan for FOREXCOM:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊 The World Gold Center is Expanding, the shift of the gold market center from New York, London, Zurich to Dubai, Shanghai, Mumbai and Saudi Arabia.
🔴 Dubai now accounts for 25% of global gold trading, becoming the second largest market in the world. Demand for physical gold from emerging markets such as India, Turkey and China is increasing strongly because gold is considered a "stable currency".
📌 Morgan Stanley: No longer expecting the Fed to cut interest rates in March, expecting a rate cut in June
🚀 Although high interest rates and a strong USD often put pressure on gold, gold prices have remained stable, showing the sustainability of the uptrend. However, money flows from Western investors have not yet participated strongly in this price increase, although every slight adjustment is bought.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday's candle closed showing optimism about the prospect of OANDA:XAUUSD 's price increase.
🔹 **H4 Frame**: The bullish structure has not changed.
🔹 **H1 Frame**: We have new support zones but there is no sign of a correction. Gold's uptrend is sustainable
3️⃣ **Trading plan:**
⛔ As you can see, the importance of trading with the trend. There are quite a few accounts that have been burned by stubbornly holding on to losses waiting for gold to fall. However, this action will erode our trading psychology and accounts. In my personal experience, blocking gold to catch a falling knife or holding on to losses at this time always brings bad results. The advice for those who have lost or are still holding on to losses is that we should end our mistakes and rest to stabilize our psychology before planning the next transaction.
✅ If we have a good position, we can completely wait for a larger profit according to the current situation. In my personal experience, with the current long-term increase, we can only wait until Gold reaches round numbers like 2900 or 3000. Pay special attention to the 3000 mark because its value is equivalent to an important psychological barrier
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold still holding it up rising Gold 🪙 today take again 💪 new ATH 2845 I will see again for New ATH 2880 ) Gold Traders SMC-Trading Point update technical patterns b. SMC ) Gold recovery samll trade Short 😀 2830 - 2817 that is good support level of buying zone ☺️ 🥂 good luck 🤞
Key Resistance level 2845 + 2880
Key Support level 2830 - 2817 - 2772
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
XAU#11: Gold continues to hit new highs but ......
💎 💎 💎 Did you make a profit in the previous article #10? Please like and follow the channel to follow the earliest trading plan. 💎 💎 💎
🔥So FOREXCOM:XAUUSD OANDA:XAUUSD TVC:GOLD has corrected and broken the peak as predicted in analysis #10. Now let's plan the next step:🔥
1️⃣ **Fundamental analysis:**
📊US employment, new orders, and inventory indicators achieved good data.
🔴 Mexican President Sheinbaum previously announced that he had a good meeting with Trump and reached some agreements, the imposition of US tariffs will be postponed for a month.
🔴Trump said the call with Canadian Prime Minister Trudeau went well.
🚀 . The US government deficit is supporting both gold and stocks, but stock returns may have peaked.
📌 Gold continues to be a safe haven asset, attracting more safe haven capital flows
2️⃣ **Technical analysis:**
🔹 **Frame D**: Yesterday's candle showed a very good price reaction at the old peak. If we follow price action, we may see gold continue to set new peaks
🔹 **Frame H4**: The bullish price structure is still maintained. However, we still need to pay attention to guard against price traps. I will analyze the reasons in detail in the trading plan
🔹 **Frame H1**: The bullish trend is clearly shown. There are currently no signs of a structure break
3️⃣ **Trading plan:**
⛔ Looking at the current price structure, we can see that the bulls are completely dominating. However, yesterday's increase has not yet seen distribution to be able to continue to establish a new peak.
✅ In my personal opinion, today we will wait for the price reaction in the 279x area and should not FOMO BUY this peak. The price line has increased continuously although market sentiment has improved thanks to information that Trump's meetings all had good results. We have not seen any correction to gain sustainable momentum. It is likely that it will appear today. This will be an opportunity for us to have a better position than the current price
💪🚀 **Wish you successful trading! **
📌 For any questions, please contact directly. I'm ready to answer you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
Gold on the Move :2850 Next?Nothing has been changed to the outlook that I shared last time here in tradingview :
Looking at the daily chart of Gold, we can see that the price has been on a significant uptrend, the price has been consistently making higher highs and higher lows, which is a classic sign of a strong uptrend.
The previous All-Time High is now acting as strong support. This is crucial because it shows that the price has successfully retested and held above this level, which could act as a psychological and technical support zone for future price action.
This suggests that the market anticipates further upward movement, possibly due to momentum and investor sentiment.
Given the current trend, gold might continue its ascent towards the projected target. However, watch for any signs of exhaustion or significant pullbacks which could indicate a short-term correction or consolidation.
If the price breaks above the 2850 level convincingly, it could set a new higher base for gold, potentially leading to further gains. However, if there's a rejection at this level, we might see a pullback to the support zone around the previous ATH, which could then act as a buying opportunity if the overall trend remains intact.
overall ,
gold looks bullish in the short to mid-term with a clear target above 2850
GOLD Trading Strategy for 04th Feb 2025 GOLD Trading Strategy:
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 2832
Targets:
First Target: 2840
Second Target: 2851
Third Target: 2860
Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2832.
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 2796
Targets:
First Target: 2790
Second Target: 2781
Third Target: 2772
Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2796.
Time Frame:
15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements.
Important Points:
Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital.
Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price.
Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points.
Disclaimer: Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
SILVER VIEW⚠️Education Purpose only!!!!
Key Support area:-87,100
Key Resistance area:-96,200
Silver has long been considered a 🏦 store of value and a 🛡️ hedge against inflation.
Riskier but suitable for speculation and hedging.
🔧 Industrial Demand – Used in ⚡ tech, ☀️ solar, 🚗 EVs
💰 Monetary Hedge – Safe-haven in 🔥 inflation & 📉 downturns
⛏️ Supply Constraints – Limited mining, rising demand 📊
📊 Growing Investment – ETFs & retail piling in 🚀
⏳ Long-Term View
If industrial demand and inflation persist, silver could see 📈 strong appreciation over the next decade.
🔍 Investors should monitor global economic trends, 📉 interest rates, and ⛏️ mining supply data to make informed decisions. 🚀
Price Action applied :-
⭕️50 Day Moving averages
⭕️Channel Pattern Formation
⭕️Range Breakout
⭕️Triangle Pattern Formation
⭕️Demand Zone
⭕️Major Resistance area
✅Check out my Trading View profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view
GOLD TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold list week take a New All Time high ATH 2817 ) Gold Traders SMC-Trading Point still ses a bullish trend 📈 🚀 this week take a New 🆕 ATH 2837 fisrt take support breakdown moving 😃 up trand that expect it. Next week Two strong 🪨💪 support level 2785 2772 that entry buying said if close below 👇 that level that expect Short Trade. 2724 2703 )
Key Resistance level 2817+ 2837
Key Support level 2785 - 2772 - 2724 - 2703
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Union Budget 2025: Key Highlights & Market ImpactUnion Budget 2025: Key Highlights and Market Implications
Hello everyone, I hope you're all doing well in your personal and trading endeavors. Today, I bring you a concise summary of the Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, 2025. This budget focuses on boosting economic growth, providing tax relief, and strengthening various sectors of the economy.
Key Highlights of Union Budget 2025
Income Tax Relief: The government has increased the income tax exemption limit to ₹12 lakh under the new tax regime, providing significant relief to salaried individuals. This is expected to boost savings and consumption.
Infrastructure Development: Increased capital expenditure has been allocated to roadways, railways, and smart cities, aiming to accelerate economic growth and employment.
Agriculture and Rural Economy: Enhanced financial support and subsidies for farmers, along with new schemes to promote high-yield crops and modern agricultural techniques.
Stock Market and Investment: The budget introduces measures to encourage long-term investments, with tax benefits for equity investors and policies to strengthen capital markets.
Energy Sector and Sustainability: A Nuclear Energy Mission has been launched, along with incentives for renewable energy projects, focusing on sustainable development.
Support for Startups and MSMEs: Tax benefits and funding support have been extended for startups and small businesses to drive innovation and entrepreneurship.
AI and Digital India Initiative: Increased investments in artificial intelligence, digital infrastructure, and cybersecurity to strengthen India's tech ecosystem.
Healthcare and Education: Enhanced budget allocation for the healthcare sector, medical research, and AI-driven education initiatives.
Impact on Traders and Investors
✔ Positive Sentiment for Equity Markets: Increased disposable income and tax relief could lead to higher consumer spending, benefiting FMCG, auto, and retail sectors.
✔ Growth in Infrastructure and Energy Sectors: Higher government spending on infrastructure and renewable energy will likely boost related stocks.
✔ Technology and Startups to Benefit: Increased government support for startups and AI-based industries could lead to significant growth in these sectors.
This budget provides multiple opportunities for traders and investors to align their strategies with emerging trends. Stay updated, analyze the market, and make informed decisions.
XAU/USD 4H Analysis: Bullish Momentum Towards $2,780📊 XAU/USD 4H Chart Analysis – Bullish Momentum 🚀💰
📌 Key Observations:
🔹 Current Price: $2,754.16 (+0.19%)
🔹 Support Zone: $2,740 - $2,750 (Previous resistance turned support ✅)
🔹 Resistance Zone: $2,780 (Next potential target 🎯)
🔹 200 EMA: $2,687.43 (Price is above = Bullish signal 📈)
🔹 Breakout Confirmation: Price has broken past a key level and might retest before moving higher 🔄📊
📉 Potential Scenarios:
✅ Bullish Case: If price holds above $2,750, we could see a rally towards $2,780+ 🚀
❌ Bearish Case: If price drops below $2,740, we might see a correction back to $2,720 ⚠️
🔥 Conclusion:
Gold is showing strong bullish momentum and may continue its uptrend towards $2,780+ if it sustains above the breakout level! Keep an eye on support at $2,750 for confirmation. 👀💎
Tell me in Comments Would you like further indicators or a different timeframe analysis? ⏳📊
Gold (XAU/USD) Approaching Key Resistance Breakout or Rejection?1. Price Trend & Structure
The price is moving inside an ascending channel with well-defined support and resistance trendlines.
Within the larger channel, a smaller parallel channel has formed in recent price action, showing short-term bullish momentum.
2. Key Levels
Resistance: The price is approaching the upper boundary (~2,840), which may act as a selling zone.
Support: The lower boundary (~2,640) is acting as a strong buying zone.
EMA 200 (2,697.468): The price is above the 200 EMA, indicating an overall bullish trend.
3. Possible Scenarios
Bullish Case: If the price breaks above resistance (~2,840), it may continue higher.
Bearish Case: If the price gets rejected at resistance, it could fall towards the lower channel support (~2,640).
Short-term Retracement: Since the price is near the upper boundary, a pullback towards the midline or EMA 200 (~2,700) could occur.
4. Market Sentiment
Uptrend confirmed: The price has consistently made higher highs and higher lows.
EMA support: As long as the price stays above EMA 200, the bullish sentiment remains strong.
Conclusion
The market is currently bullish but approaching resistance.
Watch for a potential breakout or rejection.
Traders may look for buying opportunities on pullbacks or shorting opportunities near resistance with confirmation.
Gold : Roadmap for 3000Gold price is in strong upward trend and supported by the trendline (Green Line) since December 2024.
The price is currently near to psychological resistance level 2800 and at ATH.
Markup Phase (January 2025 onwards):
In Markup phase we can see a clean break of resistance (2720) and ATH (2790) with strong momentum and now price sustaining above these levels.
Higher highs and higher lows structure.
Reduced volatility during this uptrend suggests strong institutional control.
The overall structure is in bullish continuation considering major target zone could be around 2950-3000 as discussed in previous posts.
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 🪙 After FOMC meeting 🤝💯 trot aril analysis setup breakout one said that entry open 👐 target 2766 close above more Bull Trend target 2780 2803 if close below 👇 2740 next target we'll see 2730 2692 MA support
Key Resistance level 2766 + 2772 + 2786 + 2803 New ATH
Key support 2730 2692
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
Silver Commodity - Breakout in Day TimeFrameSince September, silver futures have been consolidating, indicating a period of price stability and indecision among traders. As of today, January 30, 2025, the market has experienced a breakout from the established trendline, signaling a potential shift in momentum. This breakout could suggest renewed buying interest and the possibility of upward price movement, making it an opportune time for traders to reassess their positions and strategies in light of this development.
Gold Consolidates Near 2750-60: 2800 Ahead AS EXPECTED....
Gold is showing buying bias and current price is trading around 2,762, showing bullish momentum in an uptrend,Formation of higher highs and higher lows is still intact.
Notable liquidity pool visible around 2,780 area (Immidiate resistance) which acted as resistance and seems like bulls are ready to take this liquidity soon as Several order blocks formed between 2,740-2,750 acting as support also FVG visible around 2,735-2,740 region,Higher volume spikes during upward movements indicating buyer strength and volume divergence minimal, supporting the current trend so Overall trend remains bullish as shared in previos posts and weekly analysis video also and I am still holding my buy positions and now I moved my Stop to risk free level for gold and silver.
Key levels to watch:
Support: 2,748 (Pivot level), 2,711 (S1)
Resistance: 2,780, 2,808 (R1)






















