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)
Metals
XAU#9: FED keeps interest rates unchanged. Information supportin💎 💎 💎 The previous plan helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So Gold has returned to the support zone of 2745 and reacted strongly as the previous plan. Here's our next trading plan 🔥
1️⃣ **Fundamental analysis:**
📊 🔴Market speculation that US may impose import tariffs on gold
London gold market participants are racing to borrow central bank gold stored in London as gold deliveries to the US surge on speculation that the US may impose import tariffs
🚀 🔴Fed keeps rates unchanged, drops mention of inflation "progress" in policy statement
2️⃣ **Technical analysis:**
🔹 **D frame:** yesterday closed as a Hanging Man candle. However, the price action after this candle still needs market confirmation in today's trading session
🔹 **H4 frame:** The support zone of 2745 is playing an important role. The price is still in an upward structure.
🔹 **H1 frame:** The trendline zone that matches the support of 2745 is showing a strong reaction after the interest rate announcement. If the price can break through the resistance zone above, Gold will have enough momentum to break through the old peak
3️⃣ **Trading plan:**
⛔ In the current area, it will be risky if we take a SELL position here. Although it is also a resistance zone, H4 has a hugging candlestick pattern with an increasing structure. If H4 closes at 2752, we will consider this option later
✅If anyone has an order in the 2745 area, Congratulations!!! You can wait for a higher profit. If not, you can choose to react to test the trendline again on the H1 frame for confirmation. We will wait for a price structure on a small time frame like m15 to establish a position.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Gold under Pullback /correction As dicussed in weekly analyis video and previous posts , price currently under a pullback and we have to wait for lower pullback zones for re-buying ::
- First Pullbcak zone: 2755-2760 (marked in green, first zone , price currently testing this zone)
- Second Pullbcak zone: 2735-2740 (green zone in Middle)
- Third Pullbcak zone: 2720-2725 (Last green zone, we also have first Fib support level for the cycle of 2585-2785)
Swing to Intra day Approach:
Rather than buying immediately, waiting for a deeper pullback can provide us a good risk management, looking for buy setups at these pullback zones makes sense given overall bullish trend structure remains intact,These levels align with previous structure(Swing High, Low) with Better risk-reward ratio from these lower entries.
XAUUSD Analysis: Potential Bearish Pullback Towards Key Support📉 XAUUSD Daily Analysis 🔍
🚨 Potential for a Bearish Pullback 🚨
Gold (XAUUSD) is showing signs of a potential downward move after rejecting a key resistance level. If this momentum continues, we could see the price heading towards the support zone at 2680/2670.
💡 Key Insights:
📌 Market rejection at resistance = possible bearish momentum.
📌 Target support area: 2680/2670.
📌 Risk Management: Stick to 1-2% risk on trades.
⚠️ Historical Note:
When the market last hit an all-time high, it saw a sharp one-day drop. Stay cautious!
💬 Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively.
EURUSD - 1H LONGFOREXCOM: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!!!
BTC | GOLD | WEEKLY | PRICE ACTION ANALYSIS | HINDIThank you so much for watching my video on BTC and gold price action analysis. I really appreciate your time and support. I hope the analysis provided some useful insights into the market trends. Feel free to drop any questions or thoughts you may have
Gold prices have surged despite the strengthening of the USDThis rise is attributed to the weakening of the USD and uncertainty surrounding the policies of US President Donald Trump. Investor concerns about the potential for a trade war and market volatility have driven demand for gold as a safe-haven asset.
President Donald Trump is currently considering imposing a 10% tariff on imports from China, effective February 1st. This is also the same date he previously announced a 25% tariff on imports from Mexico and Canada.
Given these developments, I expect gold prices to continue rising, primarily due to increased buying for safety ahead of new actions by President Trump. Gold prices are now approaching record-high levels.
Key economic data to watch this week:
- Thursday: Weekly Initial Jobless Claims report in the US
- Friday: S&P Flash PMI and Existing Home Sales data in the US
Based on technical analysis, with support levels at 2,621 and 2,658, gold has maintained its upward momentum. With the latest support at 2,694, gold continues to trend higher and may break through resistance at 2,758. The trendline also indicates a short-term bullish trend.
If there are no significant changes, traders may set stop-loss (SP) at 2,680 and take-profit (TP) at 2,750 to protect profits and minimize risk.
Uptrend Intact: Can Gold Break Through 2800?🌟"Uptrend Intact: Can Gold Break Through $2800? 🌟"
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
Gold Price Today, January 22: Hits 2-Month HighGold prices today rose sharply to the highest level in more than two months due to a drop in the USD, making gold cheaper for holders of other currencies. Investors are flocking to gold due to concerns about the tariffs that U.S. President Donald Trump may impose on goods from Canada and Mexico in February. Trump's policies could also lead to higher inflation, causing the FED to maintain high interest rates, which would impact gold prices.
As you can see, on the technical chart at 4 PM, gold is trading with an upward trend and with support at 2,692, gold could gain momentum and potentially reach the 2,800 target. The stop-loss (SL) can be placed below the support level at 2,680 to minimize risk. With this upward trend, if gold continues its momentum and surpasses 2,700, it is highly likely that the price of gold will keep rising and challenge the 2,800 range in the coming days.
For investors, this is a time to pay close attention and monitor market fluctuations. If gold continues to maintain its upward trend with strong external support, it could be a great opportunity to enter the market and capitalize on the next price increases. However, it is important to adjust strategies in response to changes in the political and economic landscape to protect profits and minimize risk.
"Gold Next Stop: 2800?"Current Price Action Analysis:
1. Price is currently testing the 2750 psychological level
2. Formation of consecutive higher lows and higher highs since December
3. A significant volume node is visible around the current price level
Key Levels :
1. The November low at 2,536 created a strong demand zone
2. Previous resistance at 2,720 (green box) has been breached and is now acting as support
3. Recent price movement shows strong institutional buying with minimal pullbacks
Intraday Trading Perspective:
1. Support: 2700-2,720 (previous resistance now support)
2. Resistance: R2 at 2,762 and R3 at 2,800
Swing Trading Perspective:
1. Primary trend is strongly bullish above rising trendline
2. Major support zone: 2700-2,720
Current Market Context:
- Strong momentum indicates potential for further upside
- The clean break above previous resistance suggests institutional buying
- Volume profile shows good liquidity at current levels
Best Trade Setups:
1. Intraday: Buy pullbacks to 2,700-20
2. Swing: Enter on daily closes above 2,750 targeting 2,800 o wait forLower Price zone as marked on chart ,market structure suggests maintaining a bullish bias and I am still holding my buy entries on gold and silver
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
Gold prices today, January 21: Unexpected sharp reversalGold prices have risen slightly due to a weaker USD as the market assesses the economic impact of President Trump’s policies following his inauguration. A Trump administration official stated that the president will issue a trade memorandum on his first day in office without imposing new tariffs.
The price spread between futures and spot gold has widened recently as traders speculate on the impact of U.S. import tariffs. While gold is a hedge against inflation, Trump’s tariff policies could lead the Federal Reserve to maintain higher interest rates for a longer period, which would reduce the appeal of gold.
However, dovish comments from Fed Governor Waller and reports about gradually applied tariffs have led traders to adjust their expectations, now predicting two rate cuts this year instead of just one. Gold is currently in an upward price channel and could continue to rise if it holds support at 2,693.
From a technical analysis perspective, gold is currently in an upward price channel with clear upward waves. The new support level at 2,693 reinforces the bullish trend, and if gold holds above this level, it could continue to target higher levels. The next significant resistance is around 2,720 – 2,730, and if broken, gold could continue to rise sharply to 2,750.
The Take Profit (TP) level could be set in the 2,750 – 2,760 range, while the Stop Loss (SL) should be placed around 2,680 – 2,690 to mitigate risk if the price reverses. If gold breaks the support level at 2,693, this could signal a reversal, and it is recommended to reconsider the strategy.
Gold Trading Strategy FOR 17th January 2025Detailed Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 2725.
Trigger: Buy when the price moves above the high of the candle that closed above 2725.
Targets:
First Target: 2733
Second Target: 2742
Third Target: 2750
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2725 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2733, another portion at 2742, and the remaining position at 2750.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 2704.
Trigger: Sell when the price moves below the low of the candle that closed below 2704.
Targets:
First Target: 2694
Second Target: 2685
Third Target: 2677
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2704 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2694, another portion at 2685, and the remaining position at 2677.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Gold: if this.... then that Current Price Structure:
There's a clear upward trendline forming from the November low
The market has formed a significant support zone (marked in green) around 2636-2640
A resistance zone (marked in red) exists around 2710-2720 level
Current price is showing bullish momentum at 2698
Multiple liquidity levels have been created above recent highs
The market has been making higher lows and higher highs, indicating bullish control
Potential Scenarios:
Primary target seems will be R1 at 2720.005
If price breaks above R1 , next targets will be R2 (2750.635) and R3 (2803.320)
Support levels to watch: S1 (2636.690), S2 (2584.005), S3 (2553.375)
The bullish structure remains valid as long as price stays above the upward trendline
Gold Current PA before NFPCurrent PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
Gold PA Check: Bulls Taking a break Near 2,670 The price is hovering around 2,671, and , it seems like price is playing a bit of a waiting game here. We've got this nice upward trend (Short rally but still looking good) since late December, which is encouraging for the bulls, but we're seeing some hesitation at current levels.
For Intra day, I'd keep a close eye on that 2,680 level - if we break above that with decent volume, we could see a nice move up. But here's the thing - the volume's been pretty average lately, nothing too exciting, which suggests people might be waiting for a clearer signal maybe waiting for CPI data today.
For Swing/ longer-term positions, the setup actually looks quite healthy to till time. We're making higher lows, which is always good to see, and that support around 2,630-40 seems pretty solid. The big test will be whether we can push through that 2,700-2,720 zone - that's where things could get interesting.
One thing I particularly like is how the price is respecting that pivot level at 2,667. It's acting like a nice reference point for current PA.
The market's in a bit of a consolidation phase right now for Intra day - so if you're planning any trades, you might want to wait for a clear breakout with volume confirmation rather than trying to force anything in this choppy action.
Key risk level: Below S1 (2,636) would invalidate bullish bias for Intra day and for Swing .
Silver's Ready to Shine? The Silver showing good bullish sentiment as the price has shown resilience by bouncing off significant support and breaking through resistance levels.
Expecting a move towards 34.0000 is is possible if buyers defend 29-30 level on daily TF, especially if the price can maintain above the recent highs and continue to show higher volume on upward movements.
The price has recently moved through a liquidity zone around 30.51025, suggesting that smart money might have taken advantage of this area to initiate trades, pushing the price higher.
The volume at the recent low was significantly higher , indicating strong buying pressure at this level, which is positive for a bullish outlook.
So i think it is good idea to consider a swing buy at current price level i.e., around 30-30.35 area for the target of 34,40 and 50.
Gold Trading Strategy for 13th January 2025Gold Trading Strategy
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 2700.
Targets: 2708, 2715, 2723
Sell Strategy:
Entry Point: Sell below the low of the 1-hour candle that closes below 2677.
Targets: 2664, 2655, 2643
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.