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Ascending Channel

GOLD - The battle for 4400. Will the growth continue?FX:XAUUSD starts the week of 2026 with a rise of more than 1.5%, staying above $4,400 amid escalating geopolitical tensions in Latin America Geopolitical crisis: US-Venezuela, Donald Trump threatened new military intervention if the interim government does not comply with Washington's demands. Expanding risks: Trump hinted at Colombia and Mexico. The situation between Russia and Ukraine remains tense. Against this backdrop, investors are actively shifting funds into defensive instruments, including gold and the US dollar Important US labor market data is expected this week, which could add to volatility. Venezuela has set up a commission to free Maduro, indicating a further escalation of the conflict. Gold remains a priority for investors amid unprecedented geopolitical uncertainty. Short-term corrections are possible, but the overall uptrend is likely to continue, especially if the conflict in Latin America escalates Resistance levels: 4440, 4470, 4519 Support levels: 4400, 4373 If the bulls keep gold above 4410-4400, then in the short and medium term, gold will be able to continue to grow despite the fact that the daily ATR has already been exhausted. Local and global trends are bullish... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
31
EURJPY - Correction (hunting for liquidity) before growthFX:EURJPY is entering a correction amid an uptrend that has been ongoing since March last year. Zone of interest: 183.0 Amid the growth of the dollar, the euro is entering a correction, but the main trend of the index is bearish. The key area of interest and liquidity for the currency pair is 183.43 - 183.15. A false breakout/long squeeze and holding the price above this level could trigger further growth. Locally, we have a correction against the backdrop of a global bullish trend Resistance levels: 184.26, 184.82 Support levels: 183.43, 183.15 A pullback on a bullish trend is an additional opportunity to enter the market at a favorable price. Focus on support at 183.43 - 183.15 (additionally 183.0) Best regards, R. Linda!
Long
by RLinda
8
GOLD - Consolidation before resistance at 4470. Bullish trendFX:XAUUSD resumes growth and tests 4470, an important resistance level, amid a weakening dollar caused by expectations of further easing of Fed policy and continuing geopolitical uncertainty. Expectations of a Fed rate cut intensified after the release of weak ISM Manufacturing PMI data. Geopolitical risks have temporarily receded into the background, but remain a potential catalyst for a new wave of demand for safe-haven assets. Attention is shifting to US labor market data (ADP report and JOLTS vacancies on Wednesday, NFP on Friday). Weak employment figures could increase pressure on the dollar and support gold. Important nuances: China and Russia's reaction to US actions in Venezuela, as well as the open conflict between Russia and Ukraine. Further dynamics will depend on employment data and a possible escalation of the geopolitical situation. A break above $4470 will open the way to testing higher levels. Resistance levels: 4470, 4488, 4519 Support levels: 4440, 4430, 4400 If the metal does not pull back from 4470 and continues to storm the resistance, then attempts to continue growth from 4470 can be considered. Otherwise, the market may test 4440-4430 before rising (long squeeze). Within the current cycle, gold has a chance to test its ATH. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
GOLD - Trading range 4300 - 4400. Interest in hedge assetsLet's consider FX:XAUUSD before the opening of the trading session. The main nuance is how the market will react at the opening after the increase in geopolitical risks due to the actions of the US... Starting January 5, liquidity will begin to grow in the market after the Christmas and New Year holidays. However, the year is starting with an increase in geopolitical risks due to US actions in Venezuela... The Russian-Ukrainian conflict is still not progressing in negotiations, which also creates additional risks. The Pacific and Asian sessions may be reactive... The dollar is forming a correction within a downward trend, but it will be necessary to monitor the index's reaction to the US geopolitical actions that took place on Saturday. The growth of the index may put pressure on the metal... Gold is forming a trading range of 4300-4400. Globally, we have a bullish trend, but locally, gold is forming a correction. BUT! It is necessary to monitor the price reaction relative to 4315-4300 from the opening of the Pacific, Asian, and European sessions.... Resistance levels: 4355, 4400, 4440 Support levels: 4315, 4302, 4275 Accordingly, based on the available technical and fundamental data, we can assume that there may be a bullish run from the 4300 zone. I do not rule out an attempt to retest 4300 - 4275 (long squeeze) before growth... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
DOGEUSDT - Consolidation after growth is a positive signBINANCE:DOGEUSDT is testing resistance, but the coin is not going to reverse yet. Focus on the current consolidation at 0.145 - 0.1534. A long squeeze or a breakout of resistance could trigger growth. Bitcoin has been growing throughout the week, forming a retest of resistance. If the growth continues, it could support a bullish run in altcoins. After the rally, DOGE moved into consolidation at 0.145 - 0.1533. The market is showing positive dynamics. The altcoin may test the consolidation support before growing. However, a breakout of the 0.1533 resistance and a close above the level could trigger an early rise. Resistance levels: 0.1534, 0.1648 Support levels: 0.145, 0.139 Regarding the current consolidation in the trading range format, I highlight two levels: 0.1534 and 0.145. If the overall positive background persists, a false breakdown of support at 0.145 or a breakout of resistance at 0.1534 with the price closing above the level could trigger further growth towards the local zone of interest at 0.165. Best regards, R. Linda!
Long
by RLinda
3
ETHEREUM - Consolidation near 3150 ahead of rallyBINANCE:ETHUSDT.P is rising after breaking through trend resistance and consolidating. The main trend remains bearish, but there are local indications of bullish support. The 3150 trigger is ahead. Bitcoin is strengthening amid geopolitical nuances, acting as a hedging factor (locally). A rise in the leading cryptocurrency could support Ethereum, which, in turn, could trigger a breakout of 3150 and a subsequent rally. Ethereum is consolidating near 3150, forming resistance (a trigger). Technically, consolidation continues, and the coin may test local lows at 3120-3100 before retesting 3150 and continuing the rally. Resistance levels: 3150, 3200, 3270 Support levels: 3120, 3100, 3077 If the pullback is not deep and the price quickly returns to retest 3150, then we can continue to monitor the coin, waiting for a signal to long... If the bulls hold the price above resistance after breaking through 3150, this move could trigger continued growth toward 3200-3270. Sincerely, R. Linda!
Long
by RLinda
4
SILVER - Record High $72.70Executive Summary Silver just hit an ALL-TIME HIGH of $72.70 on December 24, 2025, capping off a historic year that has seen the precious metal surge +148.54% YTD - outperforming gold's impressive +70% gain. Currently trading at $71.80, silver is riding a powerful ascending channel on the 4H timeframe with no signs of slowing down. Safe-haven demand, Fed rate cut expectations, inclusion on the U.S. critical minerals list, and rising industrial use have created a perfect storm for silver bulls. BIAS: BULLISH - Strong Uptrend Intact This is one of the most bullish setups I've seen. +148% YTD, record highs, ascending channel intact, and technicals screaming "BUY." The trend is your friend. Current Market Context - December 24, 2025 Silver is having a historic year: Current Price: $71.8050 (+0.50% on the day) Day's Range: $70.2124 - $72.693 52-Week Range: $28.3390 - $72.693 ALL-TIME HIGH: $72.70 (hit today) Technical Rating: BUY Performance Metrics - ALL GREEN (HISTORIC): 1 Week: +12.68% 1 Month: +43.50% 3 Months: +63.61% 6 Months: +96.26% YTD: +148.54% 1 Year: +142.28% This is the best performing major asset of 2025. Silver has more than doubled from its 52-week low of $28.34. THE BIG STORY - Silver Outshines Gold in Historic Rally Record-Breaking Performance Silver has surged more than 150% year-to-date, significantly outpacing gold's impressive 70%+ gain. This is gold's biggest annual gain since 1979, and silver is beating it handily. Key milestones: ALL-TIME HIGH: $72.70 (December 24, 2025) Previous record broken multiple times this month Up 143.56% from 52-week low of $28.94 Up 142.08% from 2025 low of $29.116 (April 4) Month-to-date: +24.87% Three consecutive winning sessions Largest 3-day gain: +9.12% ($5.893) Why Silver Is Outperforming Gold Strong investment demand Inclusion on U.S. critical minerals list Rising industrial use (solar panels, electronics, EVs) Tighter supply dynamics Rotation from gold investment demand Safe-haven appeal in uncertain times FUNDAMENTAL DRIVERS - The Perfect Storm 1. Safe-Haven Demand Geopolitical tensions driving investors to precious metals U.S. President Trump calling for regime change in Venezuela Global uncertainty supporting haven assets Investors flocking to tangible assets 2. Fed Rate Cut Expectations Markets pricing in two rate cuts for 2026 Non-yielding assets like silver thrive in low-rate environments Trump wants next Fed chairman to lower rates Falling U.S. dollar supporting precious metals Interest rates ticking lower 3. Industrial Demand Surge Silver added to U.S. critical minerals list Solar panel production driving demand Electric vehicle growth increasing silver usage Electronics and technology applications expanding Industrial use creating structural demand 4. Supply Constraints Tight mine supply globally Limited new production coming online Inventory drawdowns Supply unable to keep pace with demand 5. Broader Precious Metals Rally Gold broke above $4,500 for first time Platinum up ~160% YTD Palladium up ~100% YTD Copper and base metals climbing Entire commodities complex in bull mode Expert Analysis Fawad Razaqzada (City Index/FOREX.com): "The lack of any bearish factors and strong momentum, all backed by solid fundamentals, which include continued central bank buying, a falling U.S. dollar and some level of haven demand" is supporting precious metals. Societe Generale Analysts: "The risk of a major drop in the gold price would seem largely linked to a slowing of outright gold buying, such as by emerging market central banks. Barring such an event, investor positions suggest that the extraordinary surge in gold prices is likely to continue." Gold target: $5,000/oz by end-2026 (Societe Generale) ADM Investor Services: "With the dollar weakening, interest rates ticking lower, and the U.S. President calling for regime change in Venezuela the bull camp has a plethora of bullish themes." Technical Structure Analysis Price Action Overview - 4 Hour Timeframe The chart shows a textbook bullish structure: Ascending Channel Pattern: Clear ascending channel established Lower trendline (support) rising from ~$58 area Upper trendline (resistance) at ~$73-74 area Price respecting channel boundaries well Midline (dashed) providing dynamic support/resistance Higher highs and higher lows throughout Recent Price Action: Strong rally from channel bottom Price currently near upper channel (~$71.80) Recent pullback found support at midline Recovery to new highs Momentum remains strong No signs of channel breakdown Key Observations: Price at all-time high territory Channel intact and well-defined Trend structure extremely bullish Pullbacks being bought aggressively Volume supporting the move Key Support and Resistance Levels Resistance Levels: $72.693 - Day's high / immediate resistance $72.70 - ALL-TIME HIGH $73.00 - Psychological level $74.00-$75.00 - Upper channel resistance $80.00 - Extended bullish target $100.00 - Major psychological target (analyst projections) Support Levels: $71.00 - Immediate support $70.00 - Psychological support / recent breakout level $68.00-$69.00 - Channel midline support $65.00-$66.00 - Secondary support $62.00-$63.00 - Channel bottom support $58.00-$60.00 - Major support zone Channel Analysis Channel width: approximately $10-12 Channel slope: strongly bullish (steep angle) Current position: Near upper channel Midline: ~$68-69 area (dynamic support) Channel bottom: ~$62-63 area (strong support) Channel top: ~$73-74 area (resistance) Moving Average Analysis Price trading well above all major moving averages All MAs sloping sharply upward Golden cross patterns on multiple timeframes MAs providing dynamic support on pullbacks Trend structure extremely bullish Technical Rating The TradingView technical gauge shows "BUY" - confirming the bullish bias across multiple indicators. SCENARIO ANALYSIS BULLISH SCENARIO - Continuation to New Highs Trigger Conditions: Price breaks above $73.00 with volume Channel breakout to upside Gold continues rally toward $5,000 Fed signals more rate cuts Dollar weakness continues Price Targets if Bullish: Target 1: $73.00-$74.00 - Upper channel Target 2: $75.00-$76.00 - Channel breakout target Target 3: $80.00 - Extended target Moon Target: $100.00 (analyst projections for 2026) Bullish Catalysts: Record highs attracting momentum buyers Gold rally continuing ($4,500+, targeting $5,000) Fed rate cut expectations Dollar weakness Safe-haven demand (Venezuela, geopolitics) Industrial demand (solar, EVs, electronics) Critical minerals list inclusion Supply constraints Entire precious metals complex in bull mode BEARISH SCENARIO - Pullback Within Channel Trigger Conditions: Rejection at upper channel ($73-74) Profit-taking after massive rally Dollar strength Fed hawkish surprise Risk-on rotation out of safe havens Price Targets if Bearish: Target 1: $70.00 - Psychological support Target 2: $68.00-$69.00 - Channel midline Target 3: $65.00-$66.00 - Secondary support Extended: $62.00-$63.00 - Channel bottom Bearish Risks: Overbought conditions after +148% YTD Near upper channel (potential rejection) Profit-taking at record highs Holiday thin volumes Potential dollar bounce Fed policy uncertainty NEUTRAL SCENARIO - Consolidation Near Highs Most likely short-term outcome: Price consolidates between $70-$73 Digests recent gains Builds base for next leg higher Healthy consolidation after massive rally Channel midline provides support MY ASSESSMENT - BULLISH The weight of evidence overwhelmingly favors bulls: Bullish Factors (Dominant): +148.54% YTD - Best performing major asset ALL-TIME HIGH just hit ($72.70) Ascending channel intact and well-defined Technical rating: BUY Outperforming gold significantly Multiple fundamental drivers aligned Safe-haven demand strong Fed rate cuts expected Industrial demand surging Supply constraints Entire precious metals complex bullish No bearish factors visible (per analysts) Bearish Factors (Minor): Near upper channel (potential short-term resistance) Overbought after massive rally Holiday thin volumes Profit-taking risk at record highs My Stance: BULLISH - Buy Dips This is one of the strongest trends in any market right now. +148% YTD with no signs of slowing. The fundamentals are aligned, the technicals are bullish, and the channel is intact. Don't fight this trend. Strategy: Buy dips to channel midline ($68-69) Buy dips to $70 psychological support Target upper channel ($73-74) and beyond Tight stops below channel support Don't short this market Respect the trend - it's massively bullish Trade Framework Scenario 1: Breakout Trade Above $73 Entry Conditions: 4H candle closes above $73.00 Volume confirmation Gold holding above $4,500 Trade Parameters: Entry: $73.00-$73.50 on confirmed breakout Stop Loss: $71.00 below recent support Target 1: $75.00 (Risk-Reward ~1:1) Target 2: $78.00-$80.00 (Risk-Reward ~1:2.5) Target 3: $85.00+ (Extended) Scenario 2: Buy the Dip at Channel Midline Entry Conditions: Price pulls back to $68-69 zone Bullish rejection candle Channel midline holds Trade Parameters: Entry: $68.00-$69.00 at channel midline Stop Loss: $65.00 below secondary support Target 1: $71.00-$72.00 (Risk-Reward ~1:1) Target 2: $73.00-$74.00 (Risk-Reward ~1:1.5) Target 3: $75.00+ (Extended) Scenario 3: Buy at $70 Psychological Support Entry Conditions: Price tests $70.00 level Bullish bounce Volume spike on recovery Trade Parameters: Entry: $70.00-$70.50 at psychological support Stop Loss: $68.00 below midline Target 1: $72.00-$72.70 (ATH retest) Target 2: $73.00-$74.00 (upper channel) Target 3: $75.00+ (Extended) Risk Management Guidelines Position sizing: 2-3% max risk per trade Respect the channel - it's your guide Don't short this market Buy dips, don't chase highs Use channel levels for entries/exits Scale out at targets Move stop to breakeven after first target Holiday volumes may be thin - use appropriate size Invalidation Levels Bullish thesis invalidated if: Price closes below $62 (channel bottom) Ascending channel breaks down Gold crashes below $4,000 Dollar surges significantly Fed signals no more rate cuts Bearish thesis invalidated if: Price closes above $75 (channel breakout) New all-time highs with momentum Gold breaks $5,000 Industrial demand accelerates further Conclusion Silver is having a historic year. With +148.54% YTD gains, it's the best performing major asset of 2025, significantly outpacing gold's impressive +70% rally. The precious metal just hit an ALL-TIME HIGH of $72.70 and shows no signs of slowing down. The Numbers: Current Price: $71.8050 ALL-TIME HIGH: $72.70 YTD Performance: +148.54% 1-Year Performance: +142.28% 52-Week Low: $28.34 Technical Rating: BUY Key Levels: $72.70 - ALL-TIME HIGH $73.00-$74.00 - Upper channel resistance $71.80 - Current price $70.00 - Psychological support $68.00-$69.00 - Channel midline $62.00-$63.00 - Channel bottom (major support) The Setup: Silver is in a powerful ascending channel with all fundamentals aligned. Safe-haven demand, Fed rate cuts, industrial demand, and supply constraints have created the perfect storm. The technical rating is "BUY" and the trend is undeniably bullish. Strategy: Buy dips to $68-70 support zone Target $73-74 (upper channel) and $75+ Stops below channel support Don't fight this trend Respect the channel Analysts are targeting gold at $5,000 by end-2026. If silver continues to outperform, $100 silver is not out of the question.
TVC:SILVERLong
by officialjackofalltrades
9
GOLD - The market may update its ATH after a correction...FX:XAUUSD bounces off 4475 and updates its local maximum in the distribution phase to 4519.4. Against the backdrop of low liquidity associated with the end of the calendar year, movements may be sharp and unpredictable... The fundamental background remains unchanged, supporting gold: a weak dollar, tense geopolitical situation, mixed data from the US. However, the main problem at the moment is low liquidity due to the holidays. The Asian market bought up the supply and drove up the price. After such a strong movement, the market may enter a consolidation or correction phase, during which it may test 4508-4500 before rising. Resistance levels: 4519, 4526, 4550 Support levels: 4508, 4500 A low-liquidity market is easier to manage (in terms of manipulation). Accordingly, use strong setups and short targets for trading, as movements can be sharp and unpredictable. I expect the bull market to continue after the correction. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
GOLD - Hunting for liquidity ahead of growth. Focus on 4475FX:XAUUSD reached a new historic high of around $4,525. However, profit-taking is causing a correction, with the 4,475-4,470 range being the area of interest in the bull market. The dollar is weakening, with the market anticipating two rate cuts in 2026. Geopolitical risks are supporting demand for safe-haven assets. Positive US GDP data for Q3 (+4.3%) did not support the dollar due to expectations of a slowdown in growth in Q4. The dollar index has hit its lowest level since early October. Today, US jobless claims data will be released, which may increase volatility. The overall positive sentiment in the stock markets is holding back more active growth in gold. The upward trend in gold continues. Any significant correction is likely to be seen as a buying opportunity, given the Fed's accommodative monetary policy and geopolitical uncertainty. Resistance levels: 4500, 4525 Support levels: 4475, 4470, 4466, 4452 Focus on the current trading range of 4475-4525. A false breakdown of support could attract buyers waiting for favorable prices. I do not rule out a retest of 4452-4442 before growth (against the backdrop of aggressive profit-taking). Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
44
GOLD → Long squeeze support could strengthen the price to 4500FX:XAUUSD continues its aggressive rally. The price has reached a new high of 4497.5, leaving a small gap of $2.5 to 4500 (insurance against profit-taking???). A retest of support could renew interest in buying... Statements by US Treasury Secretary Bentsen about a possible transition to inflation targeting (instead of a fixed target of 2%) undermine confidence in the Fed's long-term policy. • The escalation of US sanctions against Venezuela (detention of tankers) and continued tensions in Ukraine and the Middle East are boosting demand for defensive assets. Today, US GDP data for the third quarter and durable goods orders are expected. Speeches by Fed members may cause increased volatility amid low liquidity (end of the year). The upward trend in gold continues, but in order to continue growing, the market may switch to liquidity hunting mode and form retests of support levels... Resistance levels: 4497.5, 4500, 4510 Support levels: 4470, 4460, 4450 The 4470 zone is a liquidity pool; a retest or long squeeze could resume the rally. However, I do not rule out that, against the backdrop of the news, gold may test 4460 - 4450 before continuing to grow. In the current situation, all attention is focused on the range of 4470 - 4500. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
41
GOLD - We've updated ATH. What's next? A correction?FX:XAUUSD hit a new all-time high, approaching $4,425, for a bunch of reasons, one of which is increased interest in hedging against geopolitical risks... Fundamental situation: The US has increased sanctions pressure on Venezuela. Israel is considering options for attacking Iran's nuclear program. Russia-Ukraine negotiations show no progress. Weak US data (inflation and employment) have reinforced expectations of two Fed rate cuts in 2026. On Tuesday, US GDP data for the third quarter and durable goods orders are expected, as well as speeches by Fed members, which may adjust short-term dynamics. The combination of geopolitical uncertainty and soft monetary policy continues to support the upward trend. Resistance levels: 4420 Support levels: 4406, 4400, 4380 Any correction is likely to be limited as long as the current fundamental background remains unchanged. However, when entering the market, it is necessary to take into account the level of risk. Buying in the high zone is high risk. We are waiting for a pullback or correction to the indicated zone before making any decisions. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
GOLD - Consolidation amid a bullish trend. To ATH?FX:XAUUSD , after retesting its ATH (to the 4375 zone), is falling amid weak US inflation data. The dollar is strengthening, but despite this, gold is in a bullish trend. US inflation (CPI) for November was lower than expected, but Trump's statements about the future “dovish” Fed chair are limiting the decline in gold. The market continues to expect the Fed to ease policy in 2026. Today, data on the US consumer confidence index will be released. Short-term pressure remains, but the fundamental background does not allow us to talk about a trend reversal. The market structure is bullish, but there is a magnet zone below: 4310 - 4300. MM is likely to test it before moving towards ATH and updating highs... Resistance levels: 4330, 4353, 4375 Support levels: 4308, 4300, 4291 The dollar is forming a temporary correction due to fundamental factors. A weak dollar will support gold... The 4308-4300 zone is a liquidity pool, and the market may test this area amid the dollar correction. A long squeeze could bring the market back to growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
GOLD - A pullback ahead of the news. Will there be growth?FX:XAUUSD is hitting resistance at 4350-4360 and forming a correction amid expected inflation and initial jobless claims data Mixed US employment data supports expectations of Fed policy easing. The market is pricing in two rate cuts in 2026 versus one in the Fed's forecasts, which supports the bullish trend for the metal. Today's US CPI release will be a key trigger for reassessing the Fed's rate trajectory. Expectations of tighter policy from the Bank of Japan and market reassessment are creating overall caution. A short-term correction in gold is possible, but the overall uptrend remains intact amid the Fed's dovish monetary policy and global uncertainty. Resistance levels: 4337, 4353 Support levels: 4311, 4300 Technically and fundamentally, the situation is favorable for continued growth. Corrections allow the market to gather liquidity before movement, however, there is news ahead that will determine further movement. I expect a retest of 4311 - 4300 before growth to 4353 - 4380. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
25
GOLD → Growth may continue after correction...FX:XAUUSD is trading in a sideways range amid mixed signals: weak macro data and concerns about an AI bubble are supporting the metal, but the moderate strengthening of the dollar is limiting its growth... Fundamental situation • Weak data from China: industrial production and retail sales showed the lowest growth in several years. • Mixed data from the US: NFP for November: +64K (better than forecast), but October revised to -105K. Unemployment rose to 4.6%. • Expectations of Fed policy easing remain, especially against the backdrop of the possible appointment of a new “dovish” chair (Christopher Waller is being considered). The fundamental backdrop remains favorable for gold, but new triggers are needed to break out of the range. Attention is shifting to US inflation data, which will set the direction before the end of the year. Technically, gold may test key support before attempting to rise to retest 4335-4350. Resistance levels: 4335, 4353, 4380 Support levels: 4311, 4300, 4329 The trend is bullish, and the fundamental background is favorable. If the bulls keep the price above 4320-4310 within the current correction, the growth may continue... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
GOLD - Retest of key support ahead of newsFX:XAUUSD is falling during the Asian session, retreating from $4,350 — its highest level since late October — amid optimism over a peace agreement between Russia and Ukraine and ahead of US employment data. Trump's statements about the approaching peace agreement are reducing demand for safe-haven assets. The probability of a Fed rate cut in January is about 77%, with two easing measures expected in 2026. Expectations of a dovish Fed chair appointment continue to put pressure on the dollar. • Today, October NFP data will be released, which may confirm the weakening of the labor market • On Thursday, US inflation data will be released The current decline looks like a correction and profit-taking. The uptrend remains intact unless employment data exceeds expectations. Any further decline could be seen as a buying opportunity Resistance levels: 4292, 4317 Support levels: 4265, 4255 If the news is positive, which will only reinforce expectations of an aggressive rate cut, gold's growth after retesting key support may continue. Otherwise, the correction may continue. However, the 4265-4255 area plays an important role and needs to be monitored. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
GOLD → Consolidation before reaching ATH FX:XAUUSD has been rising for the fifth consecutive day amid a weakening dollar and expectations of a dovish Fed policy. The market is testing intermediate resistance before reaching ATH. The Fed cut rates by 25 basis points, but the market expects two cuts in 2026, not one, as stated in the regulator's forecasts. The possible appointment of a new “dovish” Fed chair is putting pressure on the dollar. The increase in US unemployment claims (to 236K) confirms fears of a slowdown in the labor market. Tomorrow, US employment (NFP) and retail sales data will be released, followed by inflation (CPI) data on Thursday. Friday: Bank of Japan decision. The results could significantly adjust expectations for interest rates. The upward trend in gold continues, but its stability will be tested by macro data. Weak employment and inflation figures will support growth, while strong data could trigger a correction. Resistance levels: 4353, 4380, 4400 Support levels: 4329, 4305 The market may consolidate before breaking through the nearest resistance. Locally - 4333, 4329, 4318. The bullish trend may continue afterwards. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
GBPUSD - Consolidation above uptrend support FX:GBPUSD is consolidating above the support of the uptrend. Growth is facilitated by the decline in interest rates in the US. The dollar has broken the trend and is falling under pressure from falling interest rates. GBPUSD is in an uptrend and testing key support. A long squeeze could trigger growth The trend is upward, after updating the maximum to 1.3438, a correction is forming, within which MM is testing the break-even and interest zone of 1.3355. If the bulls hold their defense above key support, this action will support the growth of the trend. Resistance levels: 1.3438 Support levels: 1.3355 Focus on the mirror support zone of 1.3355, which plays a fairly important role in the current uptrend. Consolidation above this zone and local confirmation of the end of the correction could trigger further growth. Best regards, R. Linda!
Long
by RLinda
7
GOLD - Distribution phase. Target - ATH (4380), 4400...FX:XAUUSD is rallying after breaking through consolidation resistance. The fundamental background is positive, with the train heading for an all-time high. Expectations of a soft Fed policy remain, with the market pricing in two rate cuts in 2026. India's pension fund regulator has allowed investments in gold and silver ETFs. An increase in US unemployment claims (+44,000) has heightened fears of a slowdown in the labor market. A reversal in the Bank of Japan's policy (rate hike) and a pause by the ECB are boosting the appeal of gold. Any correction is likely to be short-term and will be met with support from buyers. The baseline scenario remains bullish amid soft monetary policy and a weakening dollar. Technically, it is dangerous to sell in the current market; it is worth looking for buying opportunities after corrections or pullbacks... Resistance levels: 4325, 4335, 4380 Support levels: 4300, 4285, 4265 The rally phase is quite aggressive due to the long period of consolidation that the market has been in. All possible factors are supporting growth. In such a market, one can only buy on pullbacks. I expect a pullback from the indicated zone, within which growth to ATH can be considered. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
22
Ascending Channel | Golden Zone Retracement SetupAfter analyzing the chart on the 2-hour timeframe, price action has been moving within a well-defined ascending channel since Tuesday, 25 November 2025. The upper boundary of the channel has been consistently respected, confirming the strength and validity of this bullish structure. Following a rejection from the upper boundary, price is currently trading around 1.17403. At this stage, the market appears to be developing a bearish corrective structure, resembling either an upper flag formation or a falling broadening wedge, which is still in progress and not yet completed. Based on this structure and overall market behavior, we anticipate a potential retracement toward the Fibonacci Golden Zone, which aligns with our projected price target. This area may act as a key decision zone for the next directional move, especially if supported by price action confirmation and volume reaction. Traders should monitor price behavior closely around the channel boundaries and Fibonacci levels for high-probability setups. Happy Trading SpicyPips
Long
by SpicyPips
GOLD → Positive fundamental background. Focus on 4200 FX:XAUUSD is testing the $4,250 level amid news momentum related to interest rate cuts. The fundamental backdrop is improving, with the dollar entering a downward trend... The Fed cut rates by 25 basis points to 3.75%, as expected. Powell's tone was cautious rather than hawkish, which weakened the dollar and Treasury yields. The market expects two rate cuts next year, compared to one in the Fed's forecasts - Focus has shifted to US employment data (jobless claims). The next key risk will be next week's NFP data. The Fed's decision provided support for gold, but for growth above $4250, confirmation of a weakening labor market in upcoming reports will be needed. Technically, the focus is on the 4200-4220 zone. Resistance levels: 4220, 4250, 4260 Support levels: 4200, 4180, 4175 Consolidation above 4200 will confirm the bullish sentiment, while a breakout and consolidation above 4220 will open up a new chance for growth towards the resistance of the range. I do not rule out the possibility of a retest the support of the range at 4181 before moving up (the price is still in a sideways trend). Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
AUDUSD → Readiness for distribution within the uptrend FX:AUDUSD breaks through the resistance of a wide trading range (consolidation) and is preparing for growth. Important news ahead... Ahead of the Fed's interest rate meeting, the dollar broke its upward trend and is storming support, hinting at a readiness to fall. The probability of a rate cut is 90%, and a fall in the dollar could trigger growth in the currency pair. The currency pair is breaking through the consolidation resistance at 0.6628 and forming consolidation in a long zone. A trigger of 0.6649 appears on the chart - a breakout and close above this zone will trigger growth and a distribution phase. Resistance levels: 0.6649, 0.67, 0.68 Support levels: 0.6628, 0.6581 Before rising, the price may test support (the previously broken trading range boundary). However, a breakout and close above 0.6649 could trigger a distribution phase towards 0.67-0.68, especially against the backdrop of a weak dollar... Best regards, R. Linda!
Long
by RLinda
2
GOLD → Consolidation ahead of the Fed's interest rate decision FX:XAUUSD is rebounding from resistance at the local range of 4220 and heading towards support at the liquidity zone of 4175. Ahead is the Fed meeting on interest rates, where rates are likely to be lowered. What to expect? The probability of a 25 bp rate cut today is ≈90%. JOLTS job vacancy data reduced the chances of easing in January to ≈20%. Attention is shifting to the Fed's rate forecasts for 2026 and the tone of Powell's comments — the balance of votes in the FOMC (the ratio of “hawks” to “doves”) will determine the further course. In the current case, it is worth looking not only at the fact of the rate cut, which is most likely already priced in. What is important to us are the regulator's comments and political stance. If they say that the pace of rate cuts will slow down in the future, the dollar may fly up and gold down. If they support further rate cuts, the dollar will go down and gold up. Resistance levels: 4220, 4266 Support levels: 4200, 4175, 4165 It would be a shock to the market if rates were cut by 50 points; the chances are slim, but they exist. In this case, gold would soar. However, the most likely scenario is described above. Technically, I expect a retest of the trading range support; in the worst case, gold may fall to 4140 - 4120 - 4100 before rising. High volatility is possible in the evening! Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
GOLD → Price within range ahead of Fed meeting FX:XAUUSD is consolidating within a wide range amid expectations of the Fed's interest rate meeting. The fact that interest rates will be lowered has most likely already been factored in by the market. There is a possibility of a long squeeze... New threats of tariffs by Trump (on fertilizers from Canada and against Mexico) are weakening the dollar and supporting gold. As for interest rates, the Fed is expected to cut rates by 25 basis points, but the market has most likely already priced in the cut. Accordingly, there may be countertrend movements (MM traps) to accumulate liquidity before further advances. Today's JOLTS data on job vacancies may cause increased volatility. According to statistics, before and after interest rate cuts, gold forms a swing correction, within which it may test the support of the range against the backdrop of a bullish trend... Resistance levels: 4219.5, 4256 Support levels: 4200, 4180, 4163 Ahead is a strong liquidity zone at 4220, and the retest may end in a decline. MM may continue to accumulate liquidity before further advancement. I expect a retest of the range support with the aim of retesting the liquidity pool at 4175-4165 before a possible rise. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
27