We have a good correction in the price of goldWith the price being in the daily channel's midline, we can expect a deep correction to prepare for a new rise.
The indicated support and resistance are suitable for buying and selling gold
XAUUSD trade ideas
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
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
XAUUSD GOLD Analysis on(04/02/2025)#XAUUSD UPDATEDE
Current price - 2824
If price stay below 2845,then next target 2785,2765 and above that 2860
plan; If price break 2825-2830 area, and stay below 2825,we will place Sell order in gold with target of 2785 and 2765 & stop loss be placed at 2845
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.
Gold brought from the bottomCaptured amazing trade in Gold . from bottom brought gold and sold at the top . 1200+ points in 1 single day in 1 single trade . Gold did Zone to Zone .
GOLD TRADING POINT UPDATE >READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold list week take a New All Time high ATH 2817 ) Gold Traders SMC-Trading Point still ses a bullish trend 📈 🚀 this week take a New 🆕 ATH 2837 fisrt take support breakdown moving 😃 up trand that expect it. Next week Two strong 🪨💪 support level 2785 2772 that entry buying said if close below 👇 that level that expect Short Trade. 2724 2703 )
Key Resistance level 2817+ 2837
Key Support level 2785 - 2772 - 2724 - 2703
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
An analysis of the USD/JPY chart, I'd usually look at 1. Trend Analysis
- **Uptrend or Downtrend?**: If USD/JPY has been trending up (higher highs and higher lows), the momentum could continue, especially if the dollar remains strong due to positive U.S. economic data or hawkish Fed policy.
- Conversely, if it's in a downtrend (lower highs and lower lows), look for potential support zones where the price might bounce.
2. Support and Resistance Levels
- **Support**: Look at where the price has bounced upward in the past (e.g., a previous low). If USD/JPY approaches a strong support level, there's a possibility of a reversal or consolidation.
- **Resistance**: Similarly, if it approaches a resistance level (a previous high), there's a chance the price might stall or reverse.
3. Candlestick Patterns
- **Bullish Patterns**: Patterns like **bullish engulfing** or **hammer candles** after a pullback could suggest a potential continuation of an uptrend.
- **Bearish Patterns**: Patterns like **shooting stars** or **evening stars** after an uptrend could signal potential reversal or correction.
4. Moving Averages
- **50 and 200 EMAs**: If the price is above both the 50-period and 200-period exponential moving averages, USD/JPY is likely in a bullish trend.
- **Crossovers**: A **golden cross** (when the 50-EMA crosses above the 200-EMA) could indicate further bullish momentum, while a **death cross** (when the 50-EMA crosses below the 200-EMA) could suggest bearish potential.
5. RSI (Relative Strength Index)
- **Overbought/Oversold**: An RSI above 70 may indicate overbought conditions (potential for reversal), while an RSI below 30 signals oversold conditions (potential for bounce). This can be useful for timing entries or exits.
6. MACD (Moving Average Convergence Divergence)
- **Bullish MACD Cross**: If the MACD line crosses above the signal line, it suggests a bullish trend might be starting.
- **Bearish MACD Cross**: A cross below the signal line could indicate the potential for a bearish move.
7. Volume Analysis
- **Increasing Volume with Price Up**: This confirms strong buying pressure and suggests the trend might continue.
- **Decreasing Volume with Price Up**: This could indicate the uptrend is weakening and might be due for a reversal.
Possible Scenarios:
- **Bullish Continuation**: If USD/JPY is trading above key support levels (e.g., previous swing lows or moving averages), and there is strong volume or positive U.S. economic news, the pair could continue to rally.
- **Bearish Reversal**: If USD/JPY is nearing strong resistance levels and shows signs of divergence on indicators like RSI or MACD, a reversal might be more likely.
In summary, the outlook on USD/JPY can vary significantly depending on what the chart is showing at the moment (which you’d need to check live). Pay close attention to support/resistance zones, moving averages, and momentum indicators like the RSI and MACD.
Would you like to dig deeper into any specific technical tools or strategies for trading USD/JPY?
Long-buying has weakened after the record high?Following the decline from the previous week, the gold price tested the low near 2730 early last week. The market started to focus on the meetings of various central banks, 1st The Bank of Canada cut interest rates by 1/4%, followed by the Federal Reserve keeping interest rates unchanged, and then the ECB cut interest rates by 1/4 percentage point, led the price to rebound. The decline in global interest rates attracted gold buying, causing the gold price to cross the high of 2790. Driven by Trump's tariff policy, the risk premium surged before the weekend, pushing gold prices to hit a new high of 2,817 during the U.S. session on Friday. But the price fell back to close at 2798, the week was up by $28.
Due to the weekend risk premium, the gold price hit a record high of 2817 on Friday, but the strong US dollar on Monday put pressure on the gold price. Last week's US GDP and PCE inflation data, both reflected that the US economy keeps going strong, along with the tariff policy introduced by Trump over the weekend has further raised inflation expectations. Interest rates will remain high in the S-T just like Powell declared after the Fed. meeting last week, and gold prices will face pressure on the fundamental side.
In COMEX, the number of open interest(OI) has fallen after it reached 59k contracts on January 24. When gold prices hit a new high last week, both the trading volume and OI have reduced, reflecting investors are cautious in long-buying at current levels. The focus this week will be Friday's U.S. employment data, as long as the numbers remain strong, gold prices will be under pressure once again.
1-hour chart(above) > The resistance above 2790 is still strong as the gold price failed to stabilize above 2790 back from the weekend. However, gold prices are still in the S-T rising channel(1). The price action will change to sideway only if the price falls below the support line(1). Notice that the upper resistance area is now at 2790-2800(5).
Daily chart > Although there was a clear selling before the market closed last Friday, the reversal signal has not yet appeared. Gold is still running in an upward trend along with the 10-day ma(6), wait for it to break where the bear will kick in.
P.To
XAUUSD PRICE FORECAST LEVEL 📢 XAUUSD Trade Alert – Strong Buy Breakout! 📢
🔹 Pair: XAUUSD (Gold/USD)
🔹 Entry Level: 2785
🔹 Target Level: 2816
🔹 Time Frame: 15-Minute
🔹 Indicator: EMA 50
Gold has broken through a key resistance level, signaling a strong bullish move! 📈 Watch for momentum confirmation and manage risk accordingly.
💰 Trade Wisely & Stick to Your Plan! 💰
#XAUUSD #Gold #ForexTrading #Breakout #Bullish #TradingSignals
XAUUSD GOLD Analysis on(03/02/2025)#XAUUSD UPDATEDE
Current price - 2785
If price stay below 2796,then next target 2770,2750and above that 2818
plan; If price break 2785-2788 area, and stay below 2785,we will place Sell order in gold with target of 2770 and 2750 & stop loss be placed at 2818
Analysis Of Gold (XAUUSD)💡 Key Economic Updates for the Week:
Nonfarm Payrolls (Friday):
Expected to indicate solid job growth.
Likely to influence USD strength.
Impact on Gold: May react inversely to USD performance based on labor market data.
ISM Services PMI (Thursday):
Provides insights into economic activity and inflation trends.
Federal Reserve Watch:
Traders will monitor speeches from Fed officials for hints on future rate decisions.
________________________________________
📊 1. Trend Analysis:
• Higher Timeframe (4H Chart):
o The price is trading within an ascending channel (marked by red trendlines),
indicating a bullish structure overall.
o However, the recent rejection from the upper boundary of the channel and
subsequent pullback suggests a potential retracement phase.
• Lower Timeframe (1H and 15M Charts):
o The price has entered a significant demand zone (highlighted in light blue)
after breaking below a minor consolidation range.
o Fibonacci retracement levels are being used to determine possible
Take Profit (TP) levels during the pullback.
________________________________________
2. Key Levels Identified:
• Resistance Levels (Supply Zones):
o $2,788–$2,790 (Red Zone):
A strong supply area where price has rejected multiple times.
This zone aligns with liquidity above recent highs.
• Immediate Resistance:
o $2,796 (Liquidity Zone):
A potential target if price attempts to retest liquidity near this level.
________________________________________
• 📊 Support Levels (Demand Zones):
o $2,764 (Fib TP1):
This is the first target level from Fibonacci retracement analysis.
o $2,751.5 (Fib TP2):
A deeper retracement target, aligning with a significant
point of interest (POI) on the chart.
o Channel Support (~$2,750):
The lower boundary of the ascending channel, acting as dynamic support.
________________________________________
⚠️ Possible Scenarios:
1. Bullish Scenario:
o If price holds above $2,764 (Fib TP1), expect a reversal toward
$2,788–$2,790 (supply zone) or even the liquidity zone at $2,796.
2. Bearish Scenario:
o If price breaks below $2,764, further downside toward $2,751.5 (Fib TP2) or
the ascending channel support near $2,750 is likely.
________________________________________
4. Key Takeaways:
• Short-Term Levels:
o Support: $2,764, $2,751.5, and $2,750.
o Resistance: $2,788, $2,790, and $2,796.
• Mid-Term Levels:
o Focus on how the price reacts at $2,764 and the ascending channel's
lower boundary for clearer direction.
________________________________________
👉 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
XAUUSD Daily Bias: Short Setup After Buy-Side Liquidity Grab at Description: Gold (XAUUSD) is showing signs of a potential short move on the daily timeframe after sweeping buy-side liquidity (BSL) at the all-time high (ATH). Liquidity has been engineered, and a valid order block has formed, signaling possible distribution. The market may seek to fill internal range liquidity (IRL) as price retraces lower.
Analysis:
Liquidity Grab: Price has taken buy-side liquidity (BSL/ERL) at the ATH, clearing weak hands and potentially setting up a reversal.
Order Block Formation: A valid bearish order block has formed on the daily timeframe, suggesting institutional distribution.
Internal Range Liquidity (IRL) Target: With liquidity built above, price may now seek lower levels to rebalance inefficiencies and mitigate demand zones.
Market Structure: Bearish signs include rejection wicks, momentum shifts, and lower timeframe confirmations aligning with the higher timeframe bias.
Trading Plan:
Entry: Look for a retracement into the bearish order block or premium zones for a short position.
Stop Loss: Above the recent highs or order block invalidation zone.
Take Profit: Target IRL levels, fair value gaps (FVGs), and previous swing lows for partial exits.
Risk Management:
Manage risk effectively with stop-loss placement and position sizing. Monitor economic events and fundamentals influencing gold prices, such as interest rates and geopolitical factors.
Gold consolidating gains. Likely to retest support and rise.Gold is likely to revisit 2806-2812 and return to 2790 support.
There's a growing possibility of drop lower towards 2785-2775 followed by 2765 major support.
Since immediate trend has turned bullish with new All Time High set at 2817, new batch of buying is likely to resurface on the test of support base and resumption of uptrend may be witnessed targeting 2828 followed by 2863 in near term.
It is important to note 📝 that a decisive break below 2765 will indicate seller's intervention which may flip short term trend to bearish.
Time-Tested Tips for Better Risk Management in Trading
📝 Develop a Trading Plan
• Start with a Plan: Avoid jumping into trades without preparation. A solid trading plan is
your blueprint for success.
• Key Components: Define your entry points, stop-loss levels (to limit losses), and target
profit levels in advance.
• Why It Matters: A structured plan provides clarity during stressful trading situations and
ensures consistency with your risk tolerance.
________________________________________
🧘♂️ Understand Your Risk Tolerance
• Self-Reflection: Assess your emotional and psychological response to risk.
Know your comfort level with losses, market fluctuations, and stress.
• Financial Awareness: Factor in your income, savings, debts, and expenses to
gauge how much risk you can afford.
• Personalization is Key: There’s no one-size-fits-all strategy.
Tailor your risk management approach to your account size, goals,
and unique circumstances.
________________________________________
📚 Follow Your Trading System
• Have a Clear System: Establish rules for entering and exiting trades to maintain discipline
and avoid impulsive decisions.
• Backtest and Research: Test your system against historical data and simulate performance
in different market conditions.
• Stick to It: If your system has a proven edge, trust it. Jumping between strategies after
losses often leads to bigger losses.
________________________________________
🚨 Use a Stop-Loss
• What is a Stop-Loss? A predefined price level where you exit a trade to
limit potential losses.
• Why It’s Important: Prevents emotional decision-making and ensures you
quantify your risk before entering a trade.
________________________________________
✂️ Manage Your Position Size
• Avoid Overexposure: Adjust your position size to manage risk effectively and
avoid putting too much capital into one trade.
• Diversify: Don’t put all your eggs in one basket unless you fully understand and
accept the risks.
Risk-Reward Ratios: Quick Reference
1:2 Risk-Reward
• Risking $1 to make $2
• Win 33% of the time to break even.
• Common for day and swing traders aiming for moderate profits.
• Example: Stop-loss at 10 pips, target profit at 20 pips.
________________________________________
1:3 Risk-Reward
• Risking $1 to make $3
• Win 25% of the time to break even.
• Ideal for trades with a high-probability setup and larger moves.
• Example: Stop-loss at $50, target profit at $150.
________________________________________
1:5 Risk-Reward
• Risking $1 to make $5
• Win 17% of the time to break even.
• Suitable for trend-following strategies or breakout trades with significant momentum.
• Example: Stop-loss at 5% of capital, target profit at 25%.
________________________________________
❌ Don’t Overtrade or Revenge Trade
• Control Impulses: Avoid the urge to overtrade or recover losses through high-risk trades.
• Stay Rational: Emotional trading can lead to poor decisions and bigger losses.
Trade with a clear head and logic.
________________________________________
📔 Maintain a Trading Journal
• Track Your Trades: Document your trades to identify patterns, mistakes, and
areas for improvement.
• Enhance Strategies: Regular reviews help refine your approach,
improve risk management, and evolve as a trader.
• Accountability: A journal instils discipline and serves as a learning tool for future trades.
________________________________________
✅ Final Reminders
• Trade with discipline, not emotions.
• Always align your strategies with your risk tolerance and financial situation.
• Remember, trading is a marathon, not a sprint—stay consistent and patient.
________________________________________
Note- The Magic Formula for Lot Size Calculation (1% Risk)
Formula = 1% of Capital/Stop Loss in Pips/10
Example Scenarios:
Capital = $5,000 | Stop Loss = 30 pips: in XAUUSD
1% of capital = 50$
Lot size = 1% of Capital/Stop Loss in Pips/10 = 50/30/10 = 0.16
🚀 Thanks for reading!
Drop your thoughts or additional tips in the comments below. Let’s grow and trade smarter together! Cheers! 🌟
US Tarrif will impact Gold negative sell on rise until 2818 brekHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
GOLD Trading Strategy for 03rd 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.
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.
gold buy continueGold buy trend torget 2825 for 4H feb extention. now gold 1H order block good place get buy order. Risk reward retio for 1:3
Gold EW updateGold completed correction and now is in 5th wave of Major trend.
Is expected to go to 2880 minimum. in last wave
Gold comex below 2785 downtrend will start, made high already How to take trades using Harmonic pattern projection Trade setup is explained below :-
To take Fresh trade : EARLY etry willl be above/ below 13.5% level . Safe traders can enter above or below 27.3% level
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
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
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? ⏳📊
