Gold Prices Today: Buy or sell?Gold prices today continue to hover around the $2,900 mark, showing little volatility compared to the previous trading session. The precious metal remains within the active zone of the Bollinger Bands, lacking a clear directional trend.
That said, market FOMO and strong gold demand from Asia are helping to keep prices stable. However, ongoing geopolitical uncertainties—particularly the risk of U.S. tariffs and the potential for trade wars—could negatively impact the global economy, further reinforcing gold’s status as a safe-haven asset.
Despite this, gold may face short-term downside risks, as speculative traders continue to dominate the market. While the metal remains resilient, it has yet to establish a new all-time high, suggesting the possibility of a temporary pullback before resuming its upward trajectory. If this correction occurs, gold is expected to regain momentum, with $3,000 per ounce as the next major target in the near future.
Gold
XAUUSD: Uptrend continues with a 500-Pip trading opportunity!Spot gold continues its upward momentum for the third consecutive day, currently trading around $2,939 per ounce, marking a strong gain of $44 or 1.49% in the past 24 hours.
The primary drivers behind this surge include uncertainty surrounding U.S. tariff policies and strong central bank purchases. Meanwhile, market participants are closely watching the Federal Reserve's meeting minutes for insights into the future path of interest rates. Expectations for a rate cut by the Fed in 2025 have strengthened, particularly after disappointing U.S. retail sales data. Should the U.S. economy weaken due to tariff-related issues, lower interest rates could become a key support factor for gold.
Currently, gold is testing a critical resistance level, where further upside momentum could be triggered. This outlook is reinforced by the trendline and EMA 34-89, which remain intact on the charts. From our perspective, we continue to prioritize buy strategies, staying aligned with the trend—because in trading, the trend is always your best ally.
GOLD UPDATE THIS WEEKEND Our Spot #Gold Range Prediction from 17/02/2025 to 21/02/2025 is as under.
Gold Spot :2822$-2910$-2936$
Gold INR : 82900-85550-86300
Our Spot #Silver Range prediction from 17/02/2025 to 21/02/2025 is as under.
Silver Spot: 31.03$-32.58$-33.42$
Silver INR: 92250-96850-99350
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
XAU#17: Is FOMO Trading Wrong Now? See Detailed Analysis Now! 💎 💎 💎 As analyzed in article #16, OANDA:XAUUSD tested the peak area. Immediately after the end of the weekend session, we witnessed a strong correction. Based on that reaction, we will plan the next step for FOREXCOM:XAUUSD :💎💎 💎
1️⃣ **Fundamental analysis:**
📊 US retail sales in January fell the most in nearly 2 years. The data released caused gold, US bond yields and the USD index to fall simultaneously
🔹Trade risks are reduced as Trump requests to review tariff policies.
🚀The Russia-Ukraine war has positive developments regarding the ceasefire.
📌 The US economy is currently showing negative and declining signs. The tariff policy that causes the trade war has not shown any signs of cooling down, which will push prices up.
2️⃣ **Technical analysis:**
🔹 **Frame D**: Friday closed with a bearish engulfing candle. Before that was a pinbar. There is a high possibility that we will have a correction for gold.
🔹 **Frame H4**: The short-term trendline seems to no longer have the support effect as in the previous correction. We will look at the next support zone in the H1 frame
🔹 **Frame H1**: As you can see, H1 is in a correction phase. The bullish price structure has not been completely broken, but with this momentum, it is only a matter of time.
3️⃣ **Trading plan:*
⛔ The price is in a strong correction phase in the last trading hours ending the weekly candle without any recovery point. We may face high risks if we FOMO BUY or SELL at this time.
✅ There is a high possibility that we will have a correction phase to the support zone below. We can consider the price reaction at the important support - resistance zones that I marked on the chart to wait to establish a trading position.
💪 **Wishing you success in making profits!**
XAUUSD: Bulls are getting stronger!Hello everyone, let's find out the price of gold today!
Yesterday, gold prices fell sharply, with spot gold falling $45.60 to $2,883.10 an ounce. Gold futures were last trading at $2,894.60 an ounce, down $50.70 from this morning.
The main reason for the decline was profit-taking pressure. However, the precious metal still recorded its seventh consecutive weekly gain. Gold's gains this week were driven by safe-haven demand as President Donald Trump's plan to impose tariffs on countries that tax US imports raised concerns about a global trade war.
On the other hand, Peter Grant, vice president and senior metals strategist at Zaner Metals, added that there are some technical factors at play. Gold’s failure to hit an all-time high on Tuesday may have created a double top and some profit-taking ahead of the weekend, he said. Meanwhile, gold’s rally remains supported by a number of factors including tariffs, underlying inflation and a weaker U.S. dollar.
Gold price trend on February 14, 2025Hello everyone, let's find out how the gold price is doing!
Yesterday, gold regained its bullish momentum as predicted and in line with the long-term trend, with the price reaching $2,934 at one point. The main reason for this increase is that the market has almost brushed aside the pessimistic fluctuations from the currency market, stocks, crude oil, etc... and negative economic reports. This is a sign that the demand for safe-haven gold is still strong, possibly including some central banks for gold, amid the uncertainty and concerns about new US trade tariffs, which could slow down global economic growth, supporting gold.
As observed closely on the 1-hour chart, we can see that gold is moving above the 34 and 89 EMAs, plus the trend has not been broken yet, giving us a bullish outlook for gold. Gold is trading near the resistance level of 2934 with support near the 34 EMA at 2908. A break above the resistance level of 2934 will open the doors for further upside. Consider taking a long position.
Wishing you a profitable trading day!
GOLD → Trading strategy for 500 PipsHello dear traders, let's discuss and plan our gold trading strategy for today together!
Currently, gold is trading around $2913 and performing well within the 1-hour upward channel.
The main reason for this price increase is market sentiment, as Trump's tariff policies could potentially trigger a trade war. Additionally, the cryptocurrency market is in crisis, causing investors to seek safe-haven assets like gold. Furthermore, strong gold buying pressure from Asian countries at the start of the year is also driving demand.
As shown on the 1-hour chart, gold remains above the EMA 34, 89 lines, confirming a strong bullish trend. Despite positive CPI data for currencies, gold's strong recovery signals that buying pressure has returned.
In the short term, we continue to prioritize buy-on-dip strategies :)
BUY zones to watch:
2875 - 2880
2850 - 2855
2830 - 2835
EURUSD - 15M [SHORT TRADE IDEA]FX:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!
XAU#16: Higher-than-expected CPI Will Gold Continue?🔥🔥
💎 💎 💎 Gold has corrected to the 286x area after last night's CPI data. Today we continue to plan for gold. 💎 💎 💎
————————————————————————
1️⃣ **Fundamental Analysis:**
🔴Higher-than-expected US Inflation, Short-term Gold Volatility
————
1️⃣ January CPI increased by 3%, Core CPI increased by 3.3%, higher than forecast, reducing expectations of Fed rate cuts this year.
2️⃣ USD and bond yields increased (10-year: 4.62%), putting pressure on gold.
3️⃣ Markets cut interest rate cut expectations from 3 to 1, may not cut if PPI remains high.
4️⃣ Gold fluctuates but still has long-term prospects
⚫Gold prices fell after CPI data, but quickly recovered thanks to safe-haven demand.
⚫Bond yields and a stronger USD put pressure on gold, but if the economy weakens, gold could find long-term support.
⚫Factors such as persistent inflation, economic recession and geopolitical instability could still push gold higher in the future.
————————————————————————
Conclusion
Higher-than-expected CPI data reduced expectations of Fed rate cuts, sending US stocks tumbling and the USD soaring. Powell stressed the need to assess further factors before changing monetary policy. Investors need to keep an eye on the upcoming PPI and PCE data for a clearer view of inflation.
—————————————————————————
2️⃣ **Technical analysis:**
🔹 **D frame**: As you can see yesterday closed with a long-legged pinbar. The uptrend of gold is still holding
🔹 **H4 frame**: The uptrend structure on H4 frame is also holding. You can see the price touching the H4 trendline and reacting strongly
🔹 **H1 frame**: You can see H1 is at the old resistance zone. We can wait for the price reaction here to consider setting up a position.
3️⃣ **Trading plan:**
⛔ Gold is currently still in a multi-frame uptrend and still has the basis to set a new peak. However, the price has gone all day and there has been no significant correction. The SELL option will not be considered unless there is a clearer price reaction at the current resistance area.
✅ The current priority is still looking for opportunities to BUY in line with the main trend. You can refer to the plan in the H1 frame plan.
💪🚀 **Wish you successful trading!**
Gold Price Today: Sharp Drop Followed by a Sudden SurgeLast night, the global gold price briefly dropped to 2,865 USD/ounce, but it quickly surged back to 2,905 USD/ounce by the morning of February 13, 2025, driven by an increase in demand for safe-haven assets. The initial drop in gold prices was triggered by inflation data from the U.S., with the January 2025 Consumer Price Index (CPI) rising by 0.5%, higher than the expected 0.3%, sparking concerns about the FED's ability to maintain low interest rates. This information dampened expectations of a rate cut, putting pressure on the gold market. However, despite a slight sell-off, concerns about rising inflation and geopolitical tensions continue to fuel strong demand for gold as a safe-haven asset.
The recovery in gold prices indicates that investors still trust the value of this precious metal as a hedge against global economic instability. From a technical chart perspective, gold is currently supported by the 2,879 USD/ounce level, setting the stage for a potential upward trend. The next target is to challenge the resistance level of 2,933 USD/ounce. If gold surpasses this level, it could quickly move toward the 2,950 USD/ounce mark. Breaking through the 2,933 USD/ounce resistance would open the door for a stronger rally in the short term, pushing gold toward higher levels and solidifying its position as an essential safe-haven asset in investment portfolios.
Gold Next Move: 3000 Loading... Key Observations to Current Price Action:
- Recent price action shows a strong impulsive move up from the green support zone (2770-90)
- The current structure suggests that we're potentially entering a corrective phase followed by continuation of the bullish trend as marked with black arrows.
- The green zone that I marked on chart can act as an institutional support level or "fair value zone" where significant trading activity has occurred,The recent breakout above this level with strong momentum suggests institutional buying pressure
- The anticipated pullback could represent a potential "discount" zone where smart money might accumulate or re enter.
The pullback, if it materializes, should ideally hold above the green support zone to maintain bullish market structure.
The overall price action still showing a bullish bias with a potential short-term correction before continuing higher. The green zone will be crucial for maintaining this bullish scenario.
I am still holding buy trade on Gold and Silver and will add more if I see confirmation from lower area (Marked in Red circle) for the target of 3000.
Gold Prices Dip Amid Trade Tensions, Bullish Outlook RemainsThe global gold price has slightly decreased, with spot gold dropping by $9.9 to $2,898.4 per ounce, while gold futures were last traded at $2,926.4 per ounce, down $7.9 from the previous early morning. This adjustment is primarily due to profit-taking pressure after gold reached record highs. However, investors remain optimistic amid rising global trade tensions, especially with the high tariffs imposed by U.S. President Donald Trump. These tariff policies are expected to continue supporting gold prices in the near future.
Despite the short-term adjustment, gold continues to receive strong support from geopolitical instability and trade wars, and it may continue its upward trend until 2025. Meanwhile, investors are awaiting comments from U.S. Federal Reserve Chairman Jerome Powell to analyze the possibility of interest rate cuts, which could boost gold prices again.
Additionally, strong buying activity from central banks and gold ETFs whenever prices drop also helps sustain the bullish trend of gold. Although gold is currently experiencing a slight decline, technical analysis suggests that this drop is temporary. With support at $2,860, gold may quickly recover and continue its upward trajectory towards the resistance level of $2,933. Investors could consider a SELL position around $2,933 and prepare for a BUY opportunity when gold returns to the support level.
XAU#15:Gold Price Hits Record High–How to Profit From This Trend💎 💎 💎 So gold has hit 2900 and beyond. Prices continue to rise. Let's plan the next trade OANDA:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
——————————————————————————————————————————
⚫US President Donald Trump's new tariff plan has raised concerns about a trade war, causing investors to flock to safe-haven assets. Gold prices rose to a record $2,900/ounce, while silver prices also surpassed $32/ounce.
⚫Trump announced a 25% tariff on imported steel and aluminum, and announced reciprocal tariffs on all countries.
⚫This has increased trade tensions and pushed gold prices higher. Analysts say gold still has room to rise amid economic uncertainty and Trump's unpredictable trade policies.
⚫Global gold demand, especially from China, has also supported gold prices. China increased its gold reserves for the third consecutive month and allowed insurance companies to invest in gold, which could free up billions of dollars in funds.
⚫ However, a sharp rise in FOREXCOM:XAUUSD prices could make it more expensive for investors
⚫While gold is a safe haven, high interest rates could reduce its appeal. The Federal Reserve remains cautious on monetary policy due to high inflation and the uncertain impact of Trump's tax policies on the economy.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday closed with a large candle. This appeared at the historical peak, so it is easy to understand why today's opening session we witnessed such strong fluctuations in gold
🔹 **H4 Frame**: The price structure has not changed. The uptrend is still continuing. Although the price is considered too high, the price line still reflects the absolute dominance of the bulls
🔹 **H1 Frame**: The price line has reached the top of the expanded price channel and has reacted. There is a high possibility that there will be a correction to a lower price zone
3️⃣ **Trading plan:**
⛔ The conflict in basic information data over the weekend is clearly reflected in the price line. At the moment, we should wait for price reactions at important support areas to establish positions.
✅ Looking at the price line, the old peak area has been rejected and there is a high possibility that we will have a slight correction to gain momentum to move to a higher price zone. The end of the W candle shows that the uptrend of Gold has not shown any signs of ending. Prioritize trading in line with the main trend.
💪🚀 **Wishing you successful trading!**
Gold price today (February 11): Shocking increaseThe global gold price has seen a strong increase, with spot gold reaching $2,908.3 per ounce, up $47.1, and gold futures climbing to $2,936.9 per ounce, an increase of $49.3. This surge is primarily driven by the demand for safe-haven assets amid concerns over new tariffs announced by U.S. President Donald Trump, which have raised fears of a trade war and inflation. Trump unveiled plans to impose an additional 25% tariff on imported steel and aluminum, while also forecasting the announcement of reciprocal tariffs this week. Experts believe these tariffs could worsen inflation in the U.S., and investors are awaiting the release of the CPI and PPI data to assess the impact. If inflation decreases, gold prices could continue to rise; conversely, if inflation increases, bond yields could rise, applying pressure on gold.
From a technical perspective, gold is currently trending within a rising price channel, with significant support at $2,899 per ounce, which is expected to help maintain its upward momentum. Experts predict that, with the current upward trend, gold could quickly reach a new record high of $3,000 per ounce in the near future.
Trump's Tariffs and GoldSo it seems like gold is moving against my expectation for a pullback/consolidation (Black arrow path ) a correction before continuing its bullish trend.
The price broke through monthly R1(2871)in Today's bull run and now testing the weekly resistance R1 (2907), indicating a strong bullish sentiment in the market. If this momentum keeps up, we could see gold testing or even surpassing this resistance level, with a potential aim towards 2945.843(Monthly R2).
However, looking at the broader picture, there's a chance we might see some profit-taking(As price is at psychological level of 2900) or a market reaction to upcoming events like Fed Chair Powell's speech or the release of January's inflation data, which could lead to a temporary pullback to around 2850-70 area (Last week base) , where previous resistance might now act as support and at that zone we have to decide the next path.
Trump's tariff plan, especially the concept of reciprocal tariffs, adds another layer of uncertainty, potentially boosting gold further as everyone look for safety against trade war fears.
As expected in previous posts overall view remain bullish as per current price action and I am still holding my buy trade (from 2660 and Silver from 30.40) , yes in last week closing I was expecting a pullback and was waiting to add more near to 2800, Now we have to wait gold price action in this data packed week before making any decision.
Gold price today: Continues to rise across the boardGold prices today on the international market continue to rise, despite the increase in the USD value. Over the past week, gold prices have repeatedly set new records, at one point surpassing the 2,880 USD/ounce mark, approaching 3,000 USD/ounce. The main reason for this price increase is concerns about inflation. According to a report from the University of Michigan, inflation expectations for the next year have increased by 1%, prompting many investors to turn to gold as a value-preserving asset.
I believe gold is an effective tool to protect against financial fluctuations, whether inflation, deflation, or recession. Recent indicators such as the CPI and PCE in the U.S. show that inflation remains persistent. At the same time, the stock market is showing signs of weakening, and public debt continues to rise, creating a favorable environment for gold prices to continue increasing.
Looking closely at the technical chart, gold is currently in a strong upward trend with no signs of slowing down. With a solid support level at 2,853 USD/ounce, I predict that gold may continue to rise in the short term. Notably, the previous resistance at 2,880 USD/ounce has been broken, indicating a very strong upward momentum. Currently, gold is fluctuating around 2,896 USD/ounce and may soon reach the 2,900 USD/ounce mark.
In this situation, the stop loss (SL) could be set at 2,860 USD/ounce to limit risk, while the take profit (TP) could be forecasted at 2,920 USD/ounce, assuming gold continues to maintain a stable upward trend.
XAU#14:Payrolls Fall,Inflation Rises– Should You Invest in Gold?💎 💎 💎 The market is volatile! The Fed has not cut interest rates, but inflation expectations are soaring. Is this a golden time to invest in FOREXCOM:XAUUSD , or are there still potential risks? 💎 💎 💎
⏳ Opportunity or trap? Let's plan for OANDA:XAUUSD , let's do it!!! 🚀
1️⃣ **Fundamental analysis:**
📊 Employment: Non-farm payrolls increased by 143,000, lower than the forecast of 170,000 and the lowest level since October 2023. However, the unemployment rate fell to 4.0%, the lowest since May 2023.
📌😂Fed policy: The Fed is in no hurry to cut interest rates. A cut in June is possible if inflation continues to cool and the labor market remains stable.
🚀 US one-year inflation expectations rose to their highest level since November 2023. This is only the fifth time in 14 years that we have seen such a large increase (one percentage point or more) in inflation expectations for the coming year in a single month.
✅️ In short, the market is still waiting for a clearer signal from inflation and subsequent data. In the short term, gold prices may fluctuate with a large amplitude, waiting for more CPI data and statements from the Fed to have a clearer trend.
2️⃣ **Technical analysis:**
🔹 **Frame D**: Friday evening's candle closed as a Shooting star candlestick pattern, giving us a little warning of a correction. However, looking at the W candle, it could also be just a profit-taking move of BUY positions when the market closes at the end of the week.
🔹 **H4 frame**: In this time frame, we can see a pinbar appearing when it has just passed the old peak, showing that the market needs a better momentum to conquer the new price level
🔹 **H1 frame**: The bullish price structure reappears when the price passes 2870, but we still have to wait for confirmation at the trendline support area.
3️⃣ **Trading plan:**
⛔ The conflict in basic information data over the weekend is clearly reflected in the price line. At the moment, we should wait for price reaction at important support areas to establish positions.
✅ Looking at the price line, the old peak area has been rejected and there is a high possibility that we will have a slight correction to gain momentum to move to a higher price zone. The end of the W candle shows that the uptrend of Gold has not shown any signs of ending. Prioritize trading in line with the main trend.
💪🚀 **Wishing you successful trading!**
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.
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)