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Gold Surges Ahead of FOMC – Big Moves Coming!📈 Gold Unexpectedly Surges Ahead of FOMC Data – Prepare for Major Volatility 🚀 🔍 Market Overview After a sharp 60-pip drop at the market open, gold made an unexpected recovery yesterday. Currently, on the H1 chart, price is approaching the 0.618 Fibonacci level, but the reaction here seems weak. If sellers do not step in with enough strength, gold could continue rising toward the 0.786 Fibonacci zone at 2769 - 2771, where we need to observe price action carefully before entering trades. A key trendline resistance marks the highest barrier in this range. 💡 Key Market Influences: Asian Bank Holiday (Lunar New Year): Liquidity will be significantly lower today, which may lead to a tighter price range in the Asian and early European sessions. FOMC Data Release Tonight: The market will closely watch the statements from Fed Chairman Powell, as they could have a major impact on USD (DXY) and set the long-term direction for gold. 📊 Trading Strategy During the Asian and European sessions, gold may maintain a bullish bias. Look for early BUY opportunities if the price holds around 2763 - 2765. Wait for clear signals from FOMC before committing to strong positions during the US session. 💡 Intraday Trading Plan BUY SCALP: 2755 - 2753 SL: 2750 TP: 2760 - 2763 - 2766 - 2770 - ???? BUY ZONE: 2743 - 2741 SL: 2736 TP: 2748 - 2752 - 2755 - 2760 - 2765 - 2770 SELL SCALP: 2771 - 2773 SL: 2776 TP: 2766 - 2762 - 2758 - 2752 - 2748 - 2745 SELL ZONE: 2785 - 2787 SL: 2792 TP: 2783 - 2780 - 2776 - 2772 - 2768 - 2765 ⚠️ Important Notes 🔹 Low liquidity in the market could lead to unexpected price swings. 🔹 Be cautious with trades ahead of the FOMC release, as it will determine the next move for USD (DXY) and gold. 🔹 AD’s View: Gold may continue rising before dropping sharply if the FOMC releases statements favoring USD. However, price action confirmation is crucial before entering trades. 👉 Always follow TP/SL to protect your capital and maximize profits! 📢 Take Action Now! 👉 Follow KevinNguyen-SimpleTrade for expert market analysis and high-probability trading strategies! 🚀 👉 Share your thoughts and comment on gold’s expected movement today! 💰
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
GOLD CONSOLIDATES POST-FOMC – IS A BIG MOVE COMING?🌍 MARKET OVERVIEW 🔹 The FOMC has kept interest rates unchanged at 4.25% - 4.5%, aligning with market expectations. This signals a cautious stance from the Fed, as they require more economic data before making further policy adjustments. 🔹 The outlook for the USD remains optimistic, as policymakers are not hinting at early rate cuts. This could apply pressure on gold in the coming days. 🔹 Gold's price action has remained relatively stable post-FOMC, as the news was already priced in, and Asian liquidity remains low due to ongoing holiday celebrations. 💡 Key Market Insights: Price is likely to stay in a tight range between 2765 - 2755 during the Asian and early European sessions. If price breaks out of this range, follow the momentum for the next directional move. 📊 KEY PRICE LEVELS 🔴 Key Resistance Levels: ▫️ 2764 - 2771 - 2778 - 2784 🟢 Key Support Levels: ▫️ 2754 - 2749 - 2741 - 2733 - 2719 💡 TRADING STRATEGY 📌 BUY SCALP 🔹 Entry: 2742 - 2740 🔹 SL: 2736 🔹 TP: 2745 - 2749 - 2753 - 2757 - 2760 📌 BUY ZONE 🔹 Entry: 2733 - 2731 🔹 SL: 2727 🔹 TP: 2736 - 2739 - 2742 - 2745 - 2750 - 2755 - ???? 📌 SELL SCALP 🔹 Entry: 2770 - 2772 🔹 SL: 2776 🔹 TP: 2766 - 2762 - 2758 - 2753 - 2750 📌 SELL ZONE 🔹 Entry: 2783 - 2785 🔹 SL: 2789 🔹 TP: 2780 - 2777 - 2774 - 2770 - 2765 ⚠️ IMPORTANT NOTES 📌 Watch for breakout: If price breaks out of the 2765 - 2755 range, trade in the breakout direction to maximize profits. 📌 Low liquidity in the Asian session: Be cautious of potential price manipulations and fake moves due to thin liquidity post-holiday. 📌 Protect your capital: Always follow TP/SL rules to avoid unnecessary risks and market manipulation. 📢 DON’T MISS OUT! 👉 Follow KevinNguyen-SimpleTrade for expert market insights and high-probability trade setups! 🚀 👉 Which direction do you think gold will break? Drop a comment below and let’s discuss! 💬📈
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
Liquidity Crisis Drives Gold Down: Seize the Market Opportunity🔍 Market Overview Gold prices dropped more than 1% amidst a strong sell-off in the global market, driven primarily by the decline in global stock markets rather than just interest rates or currency movements. This sell-off is tied to liquidity issues, as gold is being sold alongside other risk assets, reflecting a minor liquidity crisis. 💡 Key News: Fed Policy Meeting (29/01): Policymakers are expected to maintain current interest rates, but all eyes will be on signals regarding future decisions. Trump’s Tariff Policies: His actions could fuel inflation, creating additional volatility for USD and gold. 📊 Technical Analysis & Strategy Summary Yesterday’s analysis played out perfectly, with the market aligning with predictions. Clear corrections delivered 400 PIPS profit from the daily plan and nearly 1,000 PIPS from PREMIUM_SIGNAL. Today, focus remains on retracement waves to find key SELL opportunities at resistance zones. 💡 Trading Strategies SELL SCALP: Entry: 2749 - 2751 SL: 2755 TP: 2745 - 2743 - 2740 - 2735 - 2730 SELL ZONE: Entry: 2760 - 2762 SL: 2766 TP: 2756 - 2752 - 2748 - 2742 - 2735 - 2730 BUY SCALP: Entry: 2732 - 2730 SL: 2725 TP: 2735 - 2738 - 2742 - 2746 - 2750 BUY ZONE: Entry: 2719 - 2717 SL: 2713 TP: 2723 - 2726 - 2730 - 2735 - 2740 - 2746 ⚠️ Important Notes Wide price range: Recent days have seen broad ranges, like yesterday’s 60-point swing, so trade cautiously. Risk management: Always adhere to Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account. 📢 Take Action Now! 👉 Follow KevinNguyen-SimpleTrade to get daily market insights and winning strategies! 🚀 👉 Wishing you successful trades and profitable sessions ahead! 💰
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
Gold’s Weekly Start: Price Gap Sparks Key Trading Opportunities📉 Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap 🔍 Market Overview As anticipated in last week's analysis, the market opened this Monday with a price gap (GAP) due to the strong selling pressure seen late last week. The gap spans approximately 5 points, with gold dropping from $2,770 to $2,764.9. This movement aligns with previous views that gold has revisited its all-time high, where significant sell orders awaited, resulting in a dominant SELL momentum at this level. Confirmed reversal patterns are now visible on H4, H2, and H1 timeframes. 📊 Technical Insights Current Price Range: Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 17 points. This range is expected to hold during the Asian and European sessions unless disrupted by key market data later in the week. Key Levels to Watch: Resistance Zones: $2,786 - $2,784 (Major Resistance) $2,778 - $2,772 (Short-Term Resistance) Support Zones: $2,759 - $2,761 (Immediate Support) $2,750 - $2,745 - $2,735 (Stronger Support Zones) Market Behavior: If price remains below $2,773, SELL momentum will likely dominate. A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries. Sideways movement may persist due to lower liquidity during the Asian session. 💡 Trading Strategy Ideas BUY ZONE: $2,746 - $2,744 Stop-Loss: $2,740 Take-Profit: $2,750 - $2,754 - $2,757 - $2,760 BUY SCALP: $2,759 - $2,757 Stop-Loss: $2,753 Take-Profit: $2,763 - $2,765 - $2,768 - $2,771 SELL ZONE: $2,784 - $2,786 Stop-Loss: $2,790 Take-Profit: $2,780 - $2,776 - $2,772 - $2,768 - $2,764 SELL SCALP: $2,772 - $2,774 Stop-Loss: $2,778 Take-Profit: $2,768 - $2,765 - $2,760 - $2,756 - $2,750 ⚠️ Important Notes: Market Liquidity: The Asian session lacks liquidity today, which could cause erratic price movements. Risk Management: Always set Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account during volatile conditions. 📢 What’s Your Take? Do you think gold will break below its current range or consolidate for a bigger move? 👉 Follow KevinNguyen-SimpleTrade for more in-depth market insights and daily trading plans! 🚀
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
Gold Hits Record Highs: Is a Reversal Looming?Gold Returns to All-Time High: Is a Major Correction on the Horizon? 🔍 Strong Reaction at Historical Highs Gold has returned to its all-time high zone, and as it touched this level, prices have seen a significant reaction, dropping $20 to around $2,770. On the H4 timeframe, candles show strong selling pressure at the highs, signaling a potential deeper correction. As the market opens next week (Monday), there is a high likelihood of a GAP (price gap) forming on smaller timeframes due to the current momentum. 📊 Technical and Fundamental Insights Double Top Formation: Gold shows signs of forming a Double Top pattern at its historical peak. Combined with technical signals, this suggests a possible short-term corrective wave. Crucial News from FED and Trump: Next week, the market anticipates critical updates from the Federal Reserve (FED) regarding interest rate policies. President Trump’s fiscal and monetary policy announcements could also drive significant volatility in gold prices. Low Liquidity Conditions: With many Asian nations entering their Lunar New Year holidays, market liquidity is expected to decline, potentially leading to heightened volatility. 🌟 Price Behavior Analysis Based on insights from DXY, SWAP CHARGE, and FVG analyses: DXY Weakness: While DXY's weakness supports gold, heavy selling pressure near the highs indicates a possible corrective phase. SWAP CHARGE Shifts: The shift from buying to selling suggests that selling pressure is currently dominant, supporting the likelihood of a gold correction. 💡 Key Levels to Watch Next Week Resistance: $2,786 - $2,790: This is the previous all-time high and a critical resistance level. A breakout above this zone could trigger a stronger bullish trend. Support: $2,758 - $2,735 - $2,718 - $2,694: These are the major support zones to monitor in case of a deeper correction. 📢 Conclusion: Given the current dynamics, gold appears poised for a potential correction after testing its all-time highs. This aligns with technical signals and fundamental developments. Traders should closely monitor key levels and upcoming announcements from the FED and President Trump to stay ahead of market movements. 👉 Follow KevinNguyen-SimpleTrade for more in-depth analysis and market updates! 🚀
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
2
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! 🚀
FXOPEN:XAUUSD
by KevinNguyen-SimpleTrade
4
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! 🚀
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
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! 🚀
OANDA:XAUUSD
by KevinNguyen-SimpleTrade
1
Trump’s Trade Policy: Market Reactions and Gold’s Momentum🌍 Key Updates: Last night, President Donald Trump announced during a press conference: "I will impose a 10% tariff on China for fentanyl shipments transported via Canada and Mexico, effective February 1." This tariff rate is lower than the 60% he mentioned during his campaign, which has led to a positive reaction in financial markets. 📊 Market Reactions: Global Stock Markets: US and Asian stock indices recorded strong gains following the announcement. Futures markets are also trending upward. Gold Performance: Gold rallied strongly last night, as expected, and continues to gain bullish momentum. Currently trading around $2,745 - $2,747, with the primary strategy being BUY on dips during corrections. 💡 XAUUSD Trading Plan: BUY ZONE: $2,726 - $2,724 SL: $2,720 TP: $2,730 - $2,734 - $2,738 - $2,744 - ???? SELL SCALP: $2,754 - $2,756 SL: $2,760 TP: $2,750 - $2,747 - $2,743 - $2,740 SELL ZONE: $2,780 - $2,782 SL: $2,785 TP: $2,775 - $2,770 - $2,765 - $2,760 - ???? Current Market Sentiment: Looking at the current candlestick momentum, there are no signs of weakness or reversal in this zone or nearby levels. However, unexpected statements from President Trump could trigger sudden volatility. With current price action, gold may retest its previous highs, but the range remains challenging for trading. Stay aligned with the main trend and monitor updates frequently. ⚠️ Reminder: Stick to the primary strategy of BUY on dips, as the market shows strong bullish sentiment. Always set Take-Profit (TP) and Stop-Loss (SL) to manage risks effectively. 🤔 What’s Your View? Will gold retest its previous high of $2,788 and climb to new peaks this week? 👉 Leave a comment and follow KevinNguyen-SimpleTrade for more insights and trading strategies! 🚀
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
1
USD WEAKENS, GOLD RALLIES ON TRUMP'S INAUGURATION🌍 Market Overview: President Donald Trump’s inauguration today has drawn significant global attention. The USD continues to weaken amid concerns over new trade and fiscal policies. Gold reacted strongly, rising more than 0.3% to surpass $2,710/ounce. 🔸 Factors Driving Gold’s Rally: Weak USD: The DXY index dropped to a near two-month low, providing strong support for gold. Trump’s Policy Stance: Mixed expectations on the new fiscal and trade policies are fueling demand for safe-haven assets. Risk Sentiment: Investors are turning to gold to hedge against potential volatility during this political transition. 📊 XAUUSD Technical Analysis: Key Support Levels: $2,696 - $2,690: Serves as the nearest support zone in case of a correction. Key Resistance Levels: $2,723 - $2,725: A short-term target. $2,745 - $2,747: The next target if the bullish trend continues. $2,760 - $2,762 💡 Suggested Trading Strategy: BUY SCALP: 2712 - 2710 SL : 2706 TP : 2716 - 2720 - 2724 BUY ZONE: 2696 - 2694 SL : 2690 TP : 2700 - 2704 - 2710 - 2716 - ???? SELL SCALP: 2744 - 2746 SL : 2750 TP : 2740 - 2736 - 2730 - 2724 - ???? SELL ZONE: 2760 - 2762 SL : 2766 TP : 2755 - 2750 - 2745 - 2740 - ???? ⚠️ Reminder: Always set Take-Profit (TP) and Stop-Loss (SL) levels to protect your account and ensure safety in volatile markets. 🤔 What’s your view on gold’s movement this week? 👉 Follow me for more insights and to stay ahead of market trends with KevinNguyen-SimpleTrade! 🚀 👉 Leave a comment and follow for more updates from KevinNguyen-SimpleTrade! 🚀
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
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!
OANDA:XAUUSD
by KevinNguyen-SimpleTrade
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!**
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade