Gold drops from 2942: Below 2910, can drops to 2880-2860Selling pressure below 2910
Possibility of retracement to
2880-2860
XAUUSDK trade ideas
Gold updated levels trend still positive buy on dip How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
Trailing SL: 17.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 17.5% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 89.6 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% 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 17.5 % or 28.3 % 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 Technical Analysis, February 11🔴Upper resistance level:
- First: 2932
- Second: 2941
-Third: 2950
🟢Lower support level:
- First: 2905
- Second: 2896
-Third: 2888
✅Once again, don't go short. The current bullish trend has not changed. We must follow the trend and wait patiently for the correction to the support level before going long.
✅We can gradually build positions at the lower support level in a pyramid manner, and the target can be seen at the upper resistance level
XAU#15:Gold Price Hits Record High–How to Profit From This Trend💎 💎 💎 So gold has hit 2900 and beyond. Prices continue to rise. Let's plan the next trade OANDA:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
——————————————————————————————————————————
⚫US President Donald Trump's new tariff plan has raised concerns about a trade war, causing investors to flock to safe-haven assets. Gold prices rose to a record $2,900/ounce, while silver prices also surpassed $32/ounce.
⚫Trump announced a 25% tariff on imported steel and aluminum, and announced reciprocal tariffs on all countries.
⚫This has increased trade tensions and pushed gold prices higher. Analysts say gold still has room to rise amid economic uncertainty and Trump's unpredictable trade policies.
⚫Global gold demand, especially from China, has also supported gold prices. China increased its gold reserves for the third consecutive month and allowed insurance companies to invest in gold, which could free up billions of dollars in funds.
⚫ However, a sharp rise in FOREXCOM:XAUUSD prices could make it more expensive for investors
⚫While gold is a safe haven, high interest rates could reduce its appeal. The Federal Reserve remains cautious on monetary policy due to high inflation and the uncertain impact of Trump's tax policies on the economy.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday closed with a large candle. This appeared at the historical peak, so it is easy to understand why today's opening session we witnessed such strong fluctuations in gold
🔹 **H4 Frame**: The price structure has not changed. The uptrend is still continuing. Although the price is considered too high, the price line still reflects the absolute dominance of the bulls
🔹 **H1 Frame**: The price line has reached the top of the expanded price channel and has reacted. There is a high possibility that there will be a correction to a lower price zone
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 reactions 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!**
XAU SELLLast week, the price opened higher and increased on Monday morning.
The crowd kept buying, and on Tuesday morning, they continued to buy.
Wait for the price to return and close a candle below Tuesday’s opening level, then sell.
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
XAUUSD GOLD Analysis on (11/02/2025)#XAUUSD UPDATEDE
Current price - 2915
If price stay above 2880,then next target 2950,2970,3000 and below that 2830
plan; If price break 2915-2905 area, and stay above 2920,we will place Buy order in gold with target of 2950,2970 and 3000 & stop loss be placed at 2880
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.
GOLD Trading Plan for 11th February 2025Buy Signal:
Entry Point: Buy above the high of the one-hour candle that closes above 2924.
Targets: 2930, 2939, 2947
Sell Signal:
Entry Point: Sell below the low of the one-hour candle that closes below 2892.
Targets: 2976, 2862, 2854
Explanation:
Buy Signal:
Entry Point: When the one-hour candle closes above 2924, observe the high of that candle. Place a buy order above this high to capitalize on the bullish trend.
Targets: The first target is 2930, followed by 2939 and 2947. These levels represent potential profit-taking points as the price continues to rise.
Sell Signal:
Entry Point: When the one-hour candle closes below 2892, observe the low of that candle. Place a sell order below this low to capitalize on the bearish trend.
Targets: The first target is 2976, followed by 2862 and 2854. These levels represent potential profit-taking points as the price continues to fall.
Strategy Summary:
Buy: If the high of the one-hour candle that closes above 2924 is breached, consider buying with targets at 2930, 2939, and 2947.
Sell: If the low of the one-hour candle that closes below 2892 is breached, consider selling with targets at 2976, 2862, and 2854.
Gold EW updated
Gold has moved from the lows of 2771 to 2991 highs making 5 wave to upside, wave 3 not extended in this move and is only 123%
and we have 3 wave correction in wave 4 and 5th wave is extended is more than 0.618 and is not reached more than 0.78, as per study
we are in overbought zone and we can expected a fall from this zone of 2910-2943 zone, higher the price faster the fall.
XAUUSD GOLD Analysis on(10/02/2025)#XAUUSD UPDATEDE
Current price - 2906
If price stay below 2930,then next target 2885,2870 and above that 2945
plan; If price break 2906-2910 area, and stay below 2906,we will place Sell order in gold with target of 2885 and 2875 & stop loss be placed at 2930
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.
Gold at $2906: What Next?Gold has made a new All Time High at $2906
and the market is likely to pause uptrend and
initiate a retracement towards support zone
2888 followed by 2875-2870
Next support may come at 2855-2850
Break above 2906 may extend bullish advance towards 2920
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.
Gold Trend 10/02 - Tariff news dominates the marketTriggered by Trump's 25% tariffs on Canada and Mexico, Gold tested new highs last week. Although the tariffs were delayed for a month just hours after they were deployed, the news sent shockwaves to the market, pushing gold prices above last week's highs early in the U.S. session on Monday. The upward momentum accelerated with the upward support accelerated from line (1) to (1.1), which rose to 2880 on Wednesday's session. The market turned quiet as it waited for Friday's US employment data, and the rally slowed slightly to (1.2). Although the Jan. non-farm jobs were smaller than expected, Friday's U.S. data wasn't bad at all, with the December figure being revised up to 300,000 and the latest unemployment rate revised down to 4.0% from 4.1% in the previous month. The pressure was on gold before the weekend.
The gold price continues to trade around its all-time high, hovering near 2880 with no signs of retreating. It is still imperative to keep an eye on the latest tariff policy developments in the United States and the responses of various countries. Fed Chairman Jerome Powell will have a hearing on Tuesday, and the US will release inflation data for January on Wednesday.
1-hour chart(above) > Although the upward trend slowed from (1.1) to (1.2) just before the weekend, there was no reversal signal in the 1-hour chart, and the price continued to stick to the all-time high of 2880. See if the price can break out from the resistance at 2880(3) in the next 12 hours, and if it fails to break up, the price will be sideway between 2833-86 early this week.
Daily Chart(above) > Gold prices temporarily showed S-T resistance at 2880, but the turnaround signal is still nowhere to be seen. An S-T long-entering point can be set at the 10-day moving average (4).
P.To
Gold Trading Plan for 10th Feb 2025Buy: Above the high of the 15-minute candle that closes above 2880.
Targets: 2887, 2895, 2908
Sell: Below the low of the 15-minute candle that closes below 2850.
Targets: 2841, 2833, 2825
Disclaimer: Trading in financial markets involves substantial risk and is not suitable for every investor. The high degree of leverage can work against you as well as for you. Before deciding to trade any asset, you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not indicative of future results.
After Gold new ATH 2887, What Next?Gold appears to have formed
a local supply zone at 2870-2875
and as long as this zone is intact,
expect further retracement towards
2850-2830
If selling pressure continues below 2830,
decline towards 2810-2780
On the flip side, strong consolidation above 2875 will resume uptrend to retest 2887 and extend bullish advance towards next leg higher 2895
2025 FEB GOLD WEEKLY2025 FEB GOLD WEEKLY
this is my long term perspective about gold bas on NDS trading strategy. HOpe it help
Commodity analysts who make long-term forecasts believe that the price of gold will generally keep rising in the next few decades as the demand for the precious metal increases.
2025 FEB GOLD WEEKLY2025 FEB GOLD WEEKLY
this is my long term perspective about gold bas on NDS trading strategy. HOpe it help
Commodity analysts who make long-term forecasts believe that the price of gold will generally keep rising in the next few decades as the demand for the precious metal increases.
What is CPI?The Consumer Price Index (CPI) is a key economic indicator that measures the change in the prices of a basket of goods and services commonly purchased by U.S. consumers. It is used to assess inflation or deflation by tracking changes in consumers' purchasing power over time.
🔑Key Points: Consumer Price Index (CPI)
💡Definition:
A weighted average of prices for a basket of goods and services representing typical U.S. consumer spending.
📌 Purpose:
Tracks inflation (rising prices) or deflation (falling prices).
Measures changes in consumers' purchasing power.
🚨 Calculated By: The Bureau of Labor Statistics (BLS).
⚠️ Release Timing:
📍 Published monthly by the U.S. Bureau of Labor Statistics (BLS) during
the second week of the month.
💡Economic Impact: Central Banks Use CPI:
✅Expansionary Policy: Stimulates the economy if growth slows.
✅Contractionary Policy: Slows the economy if growth is too rapid.
💡 Significance:
A widely used indicator for adjusting wages, pensions, and other financial instruments to account for inflation.
🔥How Many Moment Expected in Gold : 150-200 PIPS
( This News Are So MANIPULATED, its mean both side moment are seen)
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💡 Follow for more educational content to boost your trading knowledge. 🚀
XAUUSD/GOLD WEEKLY SELL PROJECTION 09.02.25When central banks announce a rise in interest rates, the price of gold generally falls. There are two reasons for this: When interest rates rise, government bonds pick up again, attracting investors looking for a safe, long-term investment.
What is the Producer Price Index (PPI) ?
🔍 Definition: Producer Price Index (PPI)
📍 Measures the average price change over time received by domestic producers for their goods and services.
📍 Indicates inflation trends at the wholesale level.
🚨 C ompilation:
📍 Based on thousands of price indexes categorized by industry and product types.
📌 Data Collection:
✅Relies on ~100,000 monthly price quotes provided voluntarily by 25,000 producer establishments.
⚠️ Release Timing:
📍 Published monthly by the U.S. Bureau of Labor Statistics (BLS) during
the s econd week of the month .
📌 Economic Significance:
🟢 Rising PPI: Suggests increasing production costs, potential inflationary pressures.
🔵 Falling PPI: Implies reduced cost pressures and possible deflationary signals.
🔥 How Many Moment Expected in Gold : 100-150 PIPS
( EASY TO TRADE BECAUSE FOLLOW TECHNICAL)
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