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Gold price update: The bullish wave continues to dominate!Today, the world gold price continued to increase sharply, reaching a new record of 2,955 USD/ounce, approaching the 3,000 USD/ounce mark. This increase was driven by investors' demand for safe haven amid concerns about the global trade war, after US President Donald Trump threatened to impose new tariffs. In addition, central banks continued to buy gold, which also contributed to pushing prices higher. Forecast: Goldman Sachs has raised its forecast for gold prices by the end of 2025 to 3,100 USD/ounce. If concerns about US public debt increase, gold prices could reach 3,250 USD/ounce by December 2025.
OANDA:XAUUSDLong
by R_Bernard
5
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.
OANDA:XAUUSDLong
by R_Bernard
11
Gold trading strategy target 500 Pips!Gold prices today continue to hover around $2,936 per ounce, showing little movement compared to the previous session. Currently, the precious metal remains within the range of the Bollinger Bands, with no clear directional trend established. However, safe-haven demand continues to support gold as investors grow increasingly concerned about economic growth prospects, particularly following President Donald Trump's new tariff plans. Ongoing trade tensions, tariff policies, and geopolitical uncertainties worldwide are providing stability to gold prices. Additionally, the market is closely monitoring the U.S. Federal Reserve's (Fed) interest rate policy. The Fed has yet to offer a clear assessment of the impact of tariffs on inflation. Nevertheless, expectations for a rate cut are rising, with a high probability of at least one 25-basis-point reduction and a 44% chance of an additional cut in December. This could further support an upward trend in gold prices in the coming months.
OANDA:XAUUSDLong
by R_Bernard
2
EURUSD: Buy or Sell?Dear friends! The EURUSD pair weakened near 1.0425 in late US trading on Wednesday. Concerns about tariffs from US President Donald Trump and geopolitical tensions provided some support for the US Dollar. On the chart, EURUSD has been under pressure and is trading around the key support zone at 1.0400. Technically, a breakout would result in a bearish bias, while a sustained breakout would continue to the upside. In the short term, EURUSD is likely to remain caught between trade headlines, divergent central bank policies, sluggish eurozone growth, and political uncertainty—especially in Germany. Until there is more clarity on trade and firmer policy guidance from the Fed and ECB, the outlook for the euro is likely to remain ambiguous. What about you, do you think EURUSD will rise or fall in the near term?
Long
by R_Bernard
2
USDJPY: Maintaining downward momentum!Dear Traders, The Japanese Yen (JPY) is gaining some positive momentum following a decline in the Asian session. Expectations of further rate hikes by the Bank of Japan (BoJ) continue to act as a key catalyst supporting the JPY. Additionally, the narrowing interest rate differentials between Japan and other major economies are attracting capital flows into the lower-yielding JPY. On the other hand, the U.S. Dollar (USD) remains under pressure amid growing expectations of additional Federal Reserve (Fed) rate cuts. This suggests that the path of least resistance for USD/JPY is to the downside, although traders may prefer to wait for the FOMC meeting minutes before making decisive moves.
Short
by Trader-JamesFX
GBPUSD: Maintaining bullish momentum within the price channelToday, GBPUSD continues its upward momentum, trading around 1.2612, as the U.S. dollar (USD) struggles amid declining Treasury yields. This comes despite persistent caution regarding the Federal Reserve's monetary policy outlook, with the focus now shifting to the FOMC meeting minutes, set to be released later in the North American session. However, on Tuesday, San Francisco Fed President Mary Daly noted that while the U.S. economy remains strong, the outlook for rate cuts in 2025 is still uncertain. Meanwhile, Philadelphia Fed President Patrick Harker emphasized the need for stable interest rate policies, citing ongoing concerns about inflation. This stance has somewhat capped GBPUSD's upside potential despite its current bullish trend. My strategy is to focus on the key channel boundaries to identify optimal buy or sell opportunities. If the channel is broken, I will wait for a retest of the breakout before entering new trades. What’s your outlook on GBPUSD? Do you expect further gains?
Long
by R_Bernard
EUR/USD: Buyers maintain control!Victor, hello everyone! Fresh selling pressure weighed on the US Dollar (USD) on Thursday, pushing the US Dollar Index (DXY) back below the 107.00 level and lifting the EUR/USD pair to a two-day high within the 1.0480-1.0490 range. Later on Friday, the preliminary HCOB Manufacturing and Services PMI for Germany and the Eurozone will be released. If the data turns out favorable, EUR/USD is likely to continue its upward trajectory, aiming at least for the upper resistance boundary of the parallel channel.
Long
by R_Bernard
EURUSD: "CHoCH". Are sellers gaining control?The EURUSD uptrend appears to have encountered significant resistance above the 1.0500 level so far on Monday, facing mild selling pressure alongside the indecisive price action of the US Dollar (USD). The pair’s stable price movement has been accompanied by low volatility and subdued trading conditions, with German 10-year bond yields climbing to a new monthly high near 2.50%, persistent concerns surrounding White House trade policies, and a more cautious Federal Reserve outlook moving forward. From a technical perspective, a CHoCH (Change of Character) pattern has emerged on the chart, signaling a potential loss of bullish momentum and the start of a corrective phase. Additionally, the breakout below the previous rising channel confirms growing selling pressure, suggesting that EURUSD may remain under bearish control in the near term.
Short
by R_Bernard
EURUSD: Is it profitable to buy or sell?The EURUSD pair is currently undergoing a retracement phase while still maintaining its uptrend on the H4 timeframe. At the moment, the price is testing a key support level at 1.0450, a critical point that could determine the next move. If this level holds, the pair could resume its upward momentum, targeting higher levels. Conversely, a break below this support may trigger increased selling pressure. However, the EMA 34 and EMA 89 remain supportive, indicating that caution is required given the current market volatility. Key News Factors Impacting EURUSD Beyond technical factors, EURUSD is heavily influenced by global economic and political developments. One major factor is the ongoing Russia-Ukraine conflict, which continues to fuel uncertainty across global financial markets. In such an environment, USD strengthens as a safe-haven asset, potentially limiting EURUSD’s upside potential. In addition to geopolitical risks, investors are closely watching the Federal Reserve's meeting minutes. While the Fed remains committed to a cautious monetary policy, weaker-than-expected U.S. retail sales data has increased speculation about a potential rate cut in 2025. If the Fed adopts a more dovish stance in the upcoming meetings, the USD could weaken, allowing EURUSD to rebound. However, if the Fed remains hawkish, downward pressure on the pair is likely to intensify. Trading Strategy – Opportunities & Risks Buy Strategy: Enter long positions from the inner boundary of the trend channel or on a break above 1.0500, targeting 1.0600, with a stop loss at 1.0366. Sell Strategy: Short the pair if price breaks below 1.0450, aiming for 1.0410, with a stop loss at 1.0480. Regardless of the strategy chosen, risk management and staying updated on economic events remain crucial. Market sentiment can shift quickly due to Fed policies or any major geopolitical developments. Always stay informed to make the most accurate trading decisions!
Long
by R_Bernard
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.
OANDA:XAUUSDLong
by R_Bernard
4
EURUSD trades with negative bias below 1.0500EUR/USD is struggling to capitalize on the strong rally since February 11 and is currently trading in a narrow range below the psychological level of 1.0500 in early Monday trading, with little change since the start of the session. Looking ahead, the next upside hurdle for EURUSD is 1.0500. Breaking above this level would be bullish while holding below it would be bearish. Taking a closer look at the pair, you will see that it is overbought with the RSI trending down in bullish territory, suggesting a potential shift in momentum and a continuation of the downtrend. I remain bullish on the downtrend for the coming week. Once the current support level is broken, there is nothing stopping it from falling further. What do you think of this view?
Short
by R_Bernard
4
GBPUSD: Maintains Uptrend Amid Thin Trading!Hello everyone! GBP/USD maintained a range near 1.2600 during the early European session on Monday. The pair remained supported amid a decline in the US dollar following disappointing US Retail Sales data on Friday. Moreover, from the chart analysis, the uptrend channel is working well and there are no signs of a reversal from the EMAs, so there is still room for further upside. Despite the GBPUSD correction amid thin trading as the US markets are closed for Presidents Day. Happy trading.
Long
by R_Bernard
2
EURUSD: Will the bears reverse the trend?Dear Friends! Selling pressure continues to weigh on the US Dollar and encouraged EURUSD to move to a fresh two-week high near 1.0500 following disappointing US Retail Sales figures. Technically, as mentioned on the 3-hour chart, although the uptrend remains supported and the parallel price channel has been broken, there are signs of a potential top forming at 1.053. Current support is around 1.047. If this level is broken, it could send EURUSD lower, potentially reaching 1.041, which would coincide with a test of the 34 and 89 EMAs. Have a nice day and good luck!
Short
by Brian-Trade
1
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.
OANDA:XAUUSDLong
by Brian-Trade
2
EURUSD: buy or sell?EUR/USD continued its recovery on Thursday, rising sharply above 1.0400 as the US Dollar (USD) took a hit. The pair surged amid mixed market sentiment. A major correction in US bond yields, rising trade tensions and a cautious tone from Fed Chair Jerome Powell in his recent testimony added to the complexity of the story. The current trend, coupled with the support of the 34 and 89 EMAs, gives us a bullish outlook for EURUSD. Current resistance is at 1.046 with support at 1.042 and 1.038. A break above the 1.046 resistance would open the way for further upside, as seen on the 1-hour chart. Traders can consider taking long positions.
Long
by Brian-Trade
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!
OANDA:XAUUSDLong
by Brian-Trade
1
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
OANDA:XAUUSDLong
by Brian-Trade
2