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Xauusd(w)

Gold Next Target 3000$ ?Key points: fundamental ⚡Trump raises tariffs on steel and aluminum imports ⚡Bullion hits record high of $2,942.70 per ounce ⚡Gold bulls lock in $3,000/oz milestone in sight 📊 Market Overview: Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark . ✅ Trend Analysis: The overall trend remains bullish, with price following an ascending trendline (dashed). Strong buying momentum is visible, as price has made higher highs and higher lows. Final Thoughts: 🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline. 📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move. 📢 Keep an eye on key economic events (seen on chart) that may impact volatility! Would you like me to suggest entry/exit points based on your strategy? 🎯 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! 📢Best Regards , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSD
by silverwolftraders029
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.
OANDA:XAUUSD
by Brigi_ta
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.
OANDA:XAUUSD
by TheGoldenCircle
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.
OANDA:XAUUSD
by Brigi_ta
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!**
OANDA:XAUUSD
by TonyL0ng
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.
OANDA:XAUUSD
by Brigi_ta
XAU#13: First NF under Trump, Gold Heading for $2900?💎 💎 💎 Yesterday OANDA:XAUUSD had a slight correction. The current optimization has an important information which is the first Non-farm data under Trump. We will analyze and find trades for today: 💎 💎 💎 1️⃣ **Basis of analysis:** 📊 Yields may remain at a higher neutral level ⚫Dallas Fed President Logan said that interest rates may be close to neutral and do not need to be cut further, unless the labor market weakens. ⚫Even if the 2% money leaf is completed, the Fed can still maintain current interest rates. 👉 Impact of Trump administration policies ⚫Provided to track the impact of tax policies, tax cuts and import controls to deal with growth and employment. ⚫Uncertainty about how the economy will react to these changes. 🚀 ✅️First Non-Farm Data Under Trump | Forecast Big Change, Gold Heading Towards $2900? 2️⃣ **Technical Analysis:** 🔹 **D Frame**: We have not seen anything significant in yesterday's trading. The D structure price has not changed yet. 🔹 **H4 Frame**: There is a price correction found but has not been able to reach the trend line below. By dark today there will be a Nonfarm news. The price line is still SW and there is no clear sign 🔹 **H1 Frame**: As everyone has seen, the price has broken through the trend line back to the uptrend. But this is the ancient creature area. We need to investigate further to find a better service location 3️⃣ **Trading plan:** ⛔ The current area is not suitable for trading. The price line has adjusted and reacted strongly by breaking the trend of the moderate adjustment rhythm, Prioritize BUY positions, but pay attention before the NF news is announced, the market may sweep both ends. ✅ The first non-agricultural data under Trump is an important news and attracts a lot of market opinions. If the data is weak, gold may rise to 2900; if strong, gold may adjust around 281x~282x. 💪🚀 **Wish you successful trading!**
OANDA:XAUUSD
by TonyL0ng
GOLD - TRADING AT CHANNEL RESISTANCE - TIME TO SELL?Symbol - XAUUSD CMP - 2858 Gold has reached a new all-time high (ATH) of $2861 & trading at rising channel resistance, amidst heightened risks of tariff conflicts and persistent inflation, encountering resistance at the channel trend. However, due to potential political manipulation, the possibility of a market correction exists. Currently, gold is consolidating above $2840 following its ATH, as it awaits key data such as US employment figures and speeches from Federal Reserve officials. Increased volatility has been observed, driven by conflicting statements regarding former President Trump's tariff policies: tariffs were initially imposed, only to be rescinded a few hours later, highlighting the influence of political decisions. Following a false breakout at the resistance of the ascending channel, gold is now undergoing a correction, partly prompted by news of the temporary suspension of tariff hikes by the United States. Despite these fluctuations, gold remains resilient, supported by the Fed’s cautious stance on rate cuts. Key Resistance levels: $2860 and $2872 Key Support levels: $2845, $2840, $2818 Should the price fall below the $2840 mark and consolidate beneath this level, a short-term correction towards $2824 - $2815 may occur. However, no significant trend reversal is indicated, and growth may resume from these key support areas.
OANDA:XAUUSDShort
by akshit_official
2
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.
OANDA:XAUUSD
by Brigi_ta
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.
OANDA:XAUUSD
by TheGoldenCircle
1
Gold (XAU/USD) 4H: Bullish with Possible Pullback!!Gold (XAU/USD) 4H Chart Analysis: Bullish Trend with Possible Pullback Key Observations: 1. Price Action & Trend: The price is currently trading around $2,817.685. The trend appears bullish, with a strong upward move. There is a marked internal liquidity (Int. LQ) taken, indicating that liquidity has been absorbed, which could lead to further upside. A market structure break (MB filled) suggests past resistance turned into support. 2. Technical Indicators: Exponential Moving Average (EMA 200, red line) is at $2,709.123, which is significantly below the current price. This suggests that gold is in a strong uptrend. Relative Strength Index (RSI, 14 close) is at 68.56, nearing the overbought zone (70) but still has room for potential upside. 3. Projected Movement: The chart suggests a potential pullback (small consolidation) before further upward movement. Fair volume ranges (marked in red) indicate levels where price may slow down or consolidate before continuation. Price is above key liquidity levels, which may act as support. Conclusion: The trend remains bullish, and the price could continue rising after a minor consolidation. Key levels to watch: Support: Around $2,800 (former liquidity level). Resistance: Next potential target is $2,840 - $2,860. Risk Consideration: RSI is approaching overbought levels, so a short-term correction could occur before another push higher.
OANDA:XAUUSDLong
by MrStellanSight
XAU#12: Blocking gold is burning? Experience when trading XAU🔥Yesterday we had a correction to 280x (slightly higher than the 279x analysis of analysis #11) which gave us a very nice buying position. Currently, the price is still continuing to conquer the next milestones. 🔥 💎 💎 💎 And here is the plan for FOREXCOM:XAUUSD : 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 The World Gold Center is Expanding, the shift of the gold market center from New York, London, Zurich to Dubai, Shanghai, Mumbai and Saudi Arabia. 🔴 Dubai now accounts for 25% of global gold trading, becoming the second largest market in the world. Demand for physical gold from emerging markets such as India, Turkey and China is increasing strongly because gold is considered a "stable currency". 📌 Morgan Stanley: No longer expecting the Fed to cut interest rates in March, expecting a rate cut in June 🚀 Although high interest rates and a strong USD often put pressure on gold, gold prices have remained stable, showing the sustainability of the uptrend. However, money flows from Western investors have not yet participated strongly in this price increase, although every slight adjustment is bought. 2️⃣ **Technical analysis:** 🔹 **D Frame**: Yesterday's candle closed showing optimism about the prospect of OANDA:XAUUSD 's price increase. 🔹 **H4 Frame**: The bullish structure has not changed. 🔹 **H1 Frame**: We have new support zones but there is no sign of a correction. Gold's uptrend is sustainable 3️⃣ **Trading plan:** ⛔ As you can see, the importance of trading with the trend. There are quite a few accounts that have been burned by stubbornly holding on to losses waiting for gold to fall. However, this action will erode our trading psychology and accounts. In my personal experience, blocking gold to catch a falling knife or holding on to losses at this time always brings bad results. The advice for those who have lost or are still holding on to losses is that we should end our mistakes and rest to stabilize our psychology before planning the next transaction. ✅ If we have a good position, we can completely wait for a larger profit according to the current situation. In my personal experience, with the current long-term increase, we can only wait until Gold reaches round numbers like 2900 or 3000. Pay special attention to the 3000 mark because its value is equivalent to an important psychological barrier 💪🚀 **Wish you successful trading!** 📌 For any questions, please contact us directly. I am ready to answer you for free
OANDA:XAUUSD
by TonyL0ng
Gold Break All Time High Again And Again🌍 Market Overview: Gold Bullish Expansion Continues bullish momentum, reaching a new All-Time High (ATH). Driven by USD weakness and improved global sentiment. Key Drivers: 🔹 Postponed Tariffs: Delay on tariffs for Canada & Mexico boosted investor confidence. 🔹 China's Retaliation: Symbolic tariff actions by China, with minimal real economic impact. 15-Minute Chart • Key Observations: o Strong bullish momentum is evident, with price repeatedly breaking previous highs. o A key support zone is established around $2,840, reflecting strong buying interest. o Recent bullish movement aligns with improved investor confidence due to postponed tariffs on Canada & Mexico and symbolic Chinese tariff retaliation. • Market Sentiment: o Bullish sentiment is dominant, likely fueled by favorable geopolitical and economic developments. o Immediate resistance is near the all-time high levels; a clear breakout could indicate further upside. ________________________________________ 4-Hour Chart 🚀 Key Observations: Price is trading within an upward parallel channel, confirming a consistent bullish trend. A breakout and successful retest of the upper boundary of the channel signals potential continuation of the bullish move. The price has established higher highs and higher lows, indicating a strong uptrend. Technical Levels: Resistance: Near $2,860-$2,865 (current high levels). Support: $2,820 (middle channel boundary). ________________________________________ Conclusion: • Overall Bias: Strongly bullish in both short and medium time frames. • Trading Strategy: o 🔵For buyers: Consider entries on pullbacks toward $2,840-$2,845 (support zone). o For breakout traders: A clear break above $2,865 with strong volume may present an opportunity to ride the trend. o For risk management: Place stop-loss below $2,820, as a breach could indicate a potential reversal. ⚡️The Result? 👉Gold continues to break records, hitting 2848 - 2850 this morning, a key Fibonacci Extension (FE) resistance zone. However, selling pressure remains weak, and price action still favors bulls. NO FOMO SELL at this level! 👉 Always follow TP/SL to protect your capital and maximize profits! Stay tuned for updates once the confirmations are in place ! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! 📢 Best Regards , Silver Wolf Traders Community Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
OANDA:XAUUSDLong
by silverwolftraders029
XAU#11: Gold continues to hit new highs but ...... 💎 💎 💎 Did you make a profit in the previous article #10? Please like and follow the channel to follow the earliest trading plan. 💎 💎 💎 🔥So FOREXCOM:XAUUSD OANDA:XAUUSD TVC:GOLD has corrected and broken the peak as predicted in analysis #10. Now let's plan the next step:🔥 1️⃣ **Fundamental analysis:** 📊US employment, new orders, and inventory indicators achieved good data. 🔴 Mexican President Sheinbaum previously announced that he had a good meeting with Trump and reached some agreements, the imposition of US tariffs will be postponed for a month. 🔴Trump said the call with Canadian Prime Minister Trudeau went well. 🚀 . The US government deficit is supporting both gold and stocks, but stock returns may have peaked. 📌 Gold continues to be a safe haven asset, attracting more safe haven capital flows 2️⃣ **Technical analysis:** 🔹 **Frame D**: Yesterday's candle showed a very good price reaction at the old peak. If we follow price action, we may see gold continue to set new peaks 🔹 **Frame H4**: The bullish price structure is still maintained. However, we still need to pay attention to guard against price traps. I will analyze the reasons in detail in the trading plan 🔹 **Frame H1**: The bullish trend is clearly shown. There are currently no signs of a structure break 3️⃣ **Trading plan:** ⛔ Looking at the current price structure, we can see that the bulls are completely dominating. However, yesterday's increase has not yet seen distribution to be able to continue to establish a new peak. ✅ In my personal opinion, today we will wait for the price reaction in the 279x area and should not FOMO BUY this peak. The price line has increased continuously although market sentiment has improved thanks to information that Trump's meetings all had good results. We have not seen any correction to gain sustainable momentum. It is likely that it will appear today. This will be an opportunity for us to have a better position than the current price 💪🚀 **Wish you successful trading! ** 📌 For any questions, please contact directly. I'm ready to answer you for free #trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
OANDA:XAUUSD
by TonyL0ng
Gold on the Move :2850 Next?Nothing has been changed to the outlook that I shared last time here in tradingview : Looking at the daily chart of Gold, we can see that the price has been on a significant uptrend, the price has been consistently making higher highs and higher lows, which is a classic sign of a strong uptrend. The previous All-Time High is now acting as strong support. This is crucial because it shows that the price has successfully retested and held above this level, which could act as a psychological and technical support zone for future price action. This suggests that the market anticipates further upward movement, possibly due to momentum and investor sentiment. Given the current trend, gold might continue its ascent towards the projected target. However, watch for any signs of exhaustion or significant pullbacks which could indicate a short-term correction or consolidation. If the price breaks above the 2850 level convincingly, it could set a new higher base for gold, potentially leading to further gains. However, if there's a rejection at this level, we might see a pullback to the support zone around the previous ATH, which could then act as a buying opportunity if the overall trend remains intact. overall , gold looks bullish in the short to mid-term with a clear target above 2850
OANDA:XAUUSDLong
by TheGoldenCircle
3
GOLD Trading Strategy for 04th Feb 2025 GOLD Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 2832 Targets: First Target: 2840 Second Target: 2851 Third Target: 2860 Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2832. Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 2796 Targets: First Target: 2790 Second Target: 2781 Third Target: 2772 Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2796. Time Frame: 15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements. Important Points: Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital. Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price. Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points. Disclaimer: Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
TVC:GOLD
by ramkkyy
GOLD Trading Strategy FOR 02 Feb 2025GOLD Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 2813 Targets: First Target: 2818 Second Target: 2824 Third Target: 2833 Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2813. Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 2790 Targets: First Target: 2782 Second Target: 2775 Third Target: 2770 Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2790. Time Frame: 15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements. Important Points: Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital. Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price. Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points. Disclaimer: Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
TVC:GOLD
by ramkkyy
2
XAU#10: Gold hits record high. What should traders do? 💎 💎 💎 Plan #9 first helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎 🔥So OANDA:XAUUSD FOREXCOM:XAUUSD has broken the peak as predicted in analysis #9. Now let's plan the next step:🔥 1️⃣ **Fundamental analysis:** 📊US consumer price inflation accelerated late last year, supporting the Fed's decision to pause interest rate cuts 🔴 Trump announced that he would impose 25% tariffs on Canada and Mexico, "Trade war" begins again 🔴Trump threatened that tariffs will take effect on February 1! Affected by Trump's tariff policy, the market's risk-off sentiment has increased significantly, which may continue to support gold prices. 2️⃣ **Technical analysis:** 🔹 **Frame D**: The historical peak has officially been broken. The end of the weekend trading day is a Shooting Star candle. Is this a warning from the price line? Let's analyze more carefully in the trading plan. 🔹 **Frame H4**: The price is still trading above the support area. The bullish price structure is still intact 🔹 **H1 frame**: Looking at H1, we can see that although the price adjusted from 2816 to 2798 at the end of the trading session, the bullish price structure is still intact, the 2798 area is not a strong support area but there is still a reaction showing that the market sentiment is supporting the bulls 3️⃣ **Trading plan:** ⛔ Although the closing candle D is a candle that signals a reversal, what we need to pay attention to is that all frames are showing an upward structure. The closing price on the last day of the week at the end of the month, profit taking leading to a price decrease is normal. If there is really a sign of that, we will see a warning from the price model. ✅ Based on the basic information and price line, we can completely wait for the price to return to the support zone below to continue trading in accordance with the main trend. In my personal opinion and trading habits, I extremely limit trading against the trend, so I do not plan for a SELL position at this time 💪🚀 **Wish you successful trading!** 📌 If you have any questions, please contact me directly. I am ready to answer them for free
OANDA:XAUUSD
by TonyL0ng
XAU/USD 4H Analysis: Bullish Momentum Towards $2,780📊 XAU/USD 4H Chart Analysis – Bullish Momentum 🚀💰 📌 Key Observations: 🔹 Current Price: $2,754.16 (+0.19%) 🔹 Support Zone: $2,740 - $2,750 (Previous resistance turned support ✅) 🔹 Resistance Zone: $2,780 (Next potential target 🎯) 🔹 200 EMA: $2,687.43 (Price is above = Bullish signal 📈) 🔹 Breakout Confirmation: Price has broken past a key level and might retest before moving higher 🔄📊 📉 Potential Scenarios: ✅ Bullish Case: If price holds above $2,750, we could see a rally towards $2,780+ 🚀 ❌ Bearish Case: If price drops below $2,740, we might see a correction back to $2,720 ⚠️ 🔥 Conclusion: Gold is showing strong bullish momentum and may continue its uptrend towards $2,780+ if it sustains above the breakout level! Keep an eye on support at $2,750 for confirmation. 👀💎 Tell me in Comments Would you like further indicators or a different timeframe analysis? ⏳📊
OANDA:XAUUSD
by MrStellanSight
1