GOLD chart analysis for Friday 21 Feb 25 Session 15M TFGold got the closing at the last trading session at 2939.59 it's near Support Zone is 2930 - 2933 price should move to this level to take support then it should go for its previous high which is 2954 and it is the target we should think about if market goes the way i told beacuse it's last day of the week and many people closes positions they're holding , another scenario is if price breaks first support and goes to major support for the day which is 2918.71-2924 level we should wait for clear confirmation without FOMO if want to enter at dip buying beacuse in case this major support breaks then it'll dump to 2900 with ease .
Xauusd(w)
Gold Chart pattern for upcoming session's 15M TFIn the last session gold made a new High of 2946.97 but in higher TF such as Daily TF it forms Doji candle due to its closing at 2933 level we've to wait for the breakout or breakdown of the Doji high and low to get in trade i've clearly mentioned resistance and support zone's in the chart which can play a good role in future price movement and we also have a minor support zone of 2923-2925 which can cause a change of character and push for new high , right now due to doji formation i'll consider no trade zone till we'll get breakdown or breakout , if we get breakdown of the support then we should go for shorting and if breakout happens we should go for buying .
XAU#18: Latest Update: Gold Price Continues Its Upward Journey?💎 💎 💎 OANDA:XAUUSD once again surpassed a new peak. However, there was a slight correction yesterday. So let's analyze whether OANDA:XAUUSD will continue to set a new peak today: 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊Gold exports from Singapore to the US increased dramatically. Gold futures prices on the New York COMEX floor are higher than physical gold prices in London, promoting the flow of gold from other markets into the US to benefit from this difference.
🔴Fed meeting minutes | No rush to cut interest rates, consider slowing down or pausing the balance sheet reduction. Interest rate policy: The Fed kept interest rates unchanged (4.25%-4.50%) and has no plans to cut interest rates soon. The first cut is expected in July or later.
🚀 There is a turning point in the ceasefire between Russia and Ukraine, and investors are betting ahead! Investors are positioning for an early end to the Russia-Ukraine conflict after US President Donald Trump and Russian President Vladimir Putin discussed the issue.
📌Overall, we can see that the fundamentals are not supporting the gold price increase. However, the gold price increase is still coming from the uncertainty about US tariff policies and concerns about the weakening economy.
2️⃣ **Technical analysis:**
🔹 **D frame**: the previous day's increase is currently a bit hesitant like yesterday's candle. However, gold is still in a strong uptrend.
🔹 **H4 frame**: the bullish price structure is too clear. We had a slight correction at the end of yesterday but recovered immediately afterwards, showing that market sentiment is still very optimistic about the prospect of gold's increase.
🔹 **H1 frame**: Looking at the chart, everyone can see that H1 is temporarily in a decreasing channel. However, the decreasing structure has not been confirmed. The price can still accumulate and bounce to break the peak at any time
3️⃣ **Trading plan:*
⛔ The current price structure is still supporting the bulls, but we also need to pay attention to important information at this time about the Russia-Ukraine war. If there is official information about the ceasefire agreement, it will cause gold prices to decrease.
✅ Prioritize BUY following the main trend. The target of the 3000 area from previous articles analyzed is very close. You can refer to the plan in the H1 frame to set up a position
💪 **Wish you successful trading!**
GOLD ON THE EDGE- WILL SUPPORT HOLD OR WILL THE BEARS TAKE OVER?Symbol - XAUUSD
CMP - 2912
Gold is currently testing a key level, bouncing off previously tested trend support, which opens up a potential for upside movement. As global economic risks remain high, gold continues to be in demand as a safe haven. This demand is especially pronounced amid ongoing geopolitical tensions, including the upcoming US-Russia talks in Saudi Arabia, where a potential resolution of the Ukraine conflict could alter market sentiment. These talks could significantly impact the outlook for risk assets and the demand for safe-haven investments like gold.
Market participants are also cautious as the US Federal Reserve remains vigilant over inflation. Despite gold’s recent rally, weak risk appetite is boosting the dollar, and the hawkish tone from Fed officials continues to fuel concerns over inflation. They have voiced their preference for caution in cutting rates, especially with inflation still above target levels. This has led to expectations of a single rate cut this year, which in turn is influencing bond yields and investor sentiment. In terms of technical analysis, gold is trading within a critical risk zone.
Resistance Levels: 2915, 2928, 2942
Support Levels: 2897, 2880, 2855
A false break below the support level at 2897 could signal a continuation of bullish momentum, while maintaining price levels above 2920-2928 could open the path towards 2942, 2960, and potentially even 3000. Conversely, if gold fails to hold above the support levels and breaks below 2880, liquidation could occur, it could lead to a significant retracement and further downside risks.
XAUUSD: Analysis from Wyckoff's perspective!Currently, TPO is still in an uptrend. After reading briefly about the Wyckoff structure, it is predicted that there will still be a strong increase towards the 2946 area because when the price line touches 2946, it is a new ETH GOLD (ending 5 waves 12345 Elliot). After touching 2946 to form a UTAD, GOLD will create a new correction wave.
Gold remains bullishLong-term : Gold remains bullish, but a correction to grab liquidity is possible.
Short-term: Watch $2,940 - $2,950 resistance.
Mid-term: Buy dips above $2,910 for bullish continuation.
Long-term: Bullish outlook remains unless $2,860 breaks.
Mid-term : Watching for support at $2,922 or $2,906 before the next move.
XAUUSD technical analysis with Targets 2025 XAU/USD chart analysis with Targets
(1-week timeframe) shows a strong bullish trend with key levels of support, resistance, and breakout zones. Here’s a breakdown:
Current Market Status (as per chart)
Current Price: ~$2,882
Major Support - 1: $2,805 - $2,750
Major Support - 2: $1,805 - $1,759 (old levels)
Short-Term Target: $3,255 - $3,303
Long-Term : Above $3,500 AND +
Key Observations & Trading Insights
1. Strong Uptrend & Breakout Confirmation
- Price has broken past multiple resistance levels, turning them into support.
- Holding above $2,805 - $2,750 will maintain bullish momentum.
2. Next Resistance Levels:
- First Target - $3,255 - $3,303→ Short-Term Target
- Second Target - $ 3760 - $3800- Long term Target
3. Possible Pullbacks (Buy Zone)
- If price retests $2,805 - $2,750 and holds, it could be a strong buy zone.
- Below this, $2,555 - $2,535 is the next key support.
4. Bullish Confirmatio
- If price breaks above $3,255, it could quickly move toward $3,500+.
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!**
GOLD - BULLS NEED TO EXERCISE CAUTIONSymbol - XAUUSD
CMP - 2916
Gold is currently testing a critical risk zone within its corrective phase, where the market faces a decision point: either the continuation of the prevailing trend or the onset of a deeper correction. Attention is focused on the recently released US CPI data, which exceeded expectations. Markets remain uncertain due to the potential impact of President Trump’s proposed tariffs and the Federal Reserve's policy stance. According to the Wall Street Journal, the administration is preparing to introduce new tariffs, further adding to global economic risks.
US CPI remained significantly above the Federal Reserve's target in January. Mr. Powell has indicated that the Fed is not in a rush to alter its course, leading to heightened expectations of a single rate cut in December, which in turn has supported rising bond yields. Gold is currently trading within a crucial zone, and at levels that suggest it is overbought. In my view, the ongoing rally is nearing its conclusion.
Resistance Levels: 2920, 2928, 2942
Support Levels: 2897, 2880, 2855
A false break below the support level at 2897 would signal continued bullish sentiment and potential aggression in the market. If the bulls maintain price levels above 2920-2928, we may see further rally towards 2942, 2960, and potentially 3000. However, if gold breaks below 2880 and remains beneath this level, liquidation could occur, leading to price declines towards 2855, 2842, and potentially lower levels.
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. 💎 💎 💎
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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.
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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 Trading Plan for 13th Feb 2025Gold Trading Levels
🔹 Buy Setup:
Buy Above: The high of the 1-hour candle that closes above 2917
📍 Targets: 2930, 2939, 2950
🔹 Sell Setup:
Sell Below: The low of the 1-hour candle that closes below 2890
📍 Targets: 2878, 2868, 2858
📌 Analysis:
Instead of entering trades immediately at 2917 or 2890, this strategy ensures confirmation by waiting for a full 1-hour candle close above or below these levels.
This approach helps filter out false breakouts and improves trade reliability.
If gold closes above 2917, traders should enter at the high of that closing candle for a potential bullish move.
If gold closes below 2890, traders should enter at the low of that closing candle for a possible bearish move.
📢 Disclaimer:
This trading analysis is for informational purposes only and does not constitute financial advice. Trading in commodities and financial markets involves significant risk, and past performance does not guarantee future results. Always conduct your own research and consult with a professional before making any trading decisions. The author or publisher is not responsible for any financial losses incurred based on this information. 🚨
USDJPY TRADE IDEA we can look for bearish move if price rejectedUSDJPY TRADE IDEA we can look for bearish move if price rejected from resistance level
This week trend is bearish in daily timeframe but there is a problem before taking a trade i look for a daily candlestick in red or bearish engulfing
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.