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Beware of Trump's tariffs and NFP.The main uptrend remains stable. The price structure continues to form higher lows within the medium-term uptrend channel. The current correction is technical after a prolonged uptrend and has not weakened the trend structure. In terms of price, gold is fluctuating above the confluence support zone around $4,380 – $4,280/ounce (the lower edge of the price channel and key Fibonacci levels). This is a crucial area determining the short-term trend. The fact that the price is holding above this zone indicates that fundamental buying pressure is still present, and there are no clear signs of distribution. Above, the $4,540 – $4,580 range is acting as near-term resistance. If the price closes decisively above this area, the market will confirm a breakout from the current consolidation phase and open a new uptrend, with the next target towards $4,700 – $4,750, and further towards the $4,900 – $5,000 range along the medium-term price channel. Conditions for a new uptrend to form: – Price holds firm above the support zone of $4,380 – $4,280. – A candlestick closes above the resistance zone of $4,540 – $4,580 with improved trading volume. – Momentum (RSI) remains above the neutral level, avoiding a bearish divergence. Downward Correction Risk: The main risk lies in the scenario of breaking below the $4,280 level. In that case, the "higher highs - higher lows" structure would weaken, and the price could slide to deeper support zones around $4,200-$4,130, or even retest the technical lows near $4,000-$3,900. This would be a trend-rebalancing correction, not simply a short-term technical correction. The upward trend in gold has not been broken and is currently in a consolidation phase. The 4,540-4,580 range is the "gateway" to the next upward cycle; while 4,280 is the boundary between a technical correction and trend weakening. The most appropriate strategy at present remains following the trend, buying on corrections and selling when approaching resistance, maintaining discipline with the identified risk levels. SELL XAUUSD PRICE 4520 - 4518⚡️ ↠↠ Stop Loss 4524 →Take Profit 1 4512 ↨ →Take Profit 2 4506 BUY XAUUSD PRICE 4400 - 4402⚡️ ↠↠ Stop Loss 4396 →Take Profit 1 4408 ↨ →Take Profit 2 4414
OANDA:XAUUSDLong
by Xayah_trading
1
GOLD - Correction and retest of support on a bullish trend FX:XAUUSD is forming a correction from the resistance level of 4500 and reaching a local low of 4415. Against the backdrop of DXY growth, the correction may continue. The market is awaiting economic news... Mixed US data: JOLTS job openings fell to 7.146 million. ADP employment rose by 41,000. The ISM services index rose to 54.4, which is higher than expected. Expectations for two Fed rate cuts in 2026 remain (≈61 bps). The fundamental backdrop is mixed, with additional confirming data needed. Geopolitics supports demand: the US has confirmed negotiations on the acquisition of Greenland. China has imposed a ban on the export of dual-use goods to Japan. The focus is shifting to Friday's US employment report (NFP). The correction in gold appears to be temporary amid continuing expectations of Fed policy easing and geopolitical tensions. The NFP report will be the decisive factor in determining the direction — weak data could trigger a new round of growth. Resistance levels: 4442, 4475, 4497 Support levels: 4427, 4400 As part of the correction, gold may test the support zone of 4425-4400. Overall, the trend is bullish, and the market correction may be temporary. A false breakdown and the bulls holding the price above key zones could trigger growth towards the flat resistance. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
Potential bullish bounce off?Silver (XAG/USD) has bounced off the pivot and could rise to the 1st resistance. Pivot: 74.41 1st Support: 72.02 1st Resistance: 78.94 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
ICMARKETS:XAGUSDLong
by IC Markets
1
GOLD ANALYSIS 01/09/20261. Fundamental Analysis: a) Economy: • USD: The USD is showing a mild recovery after the previous decline, mainly driven by technical correction and the market waiting for early-year data. There is still no strong catalyst to reverse the broader USD trend. • U.S. Stock Market: Trading remains choppy with no clear direction. Capital flows are cautious, not strongly “risk-on.” • FED: The FED maintains a cautious stance and has not signaled further tightening. Medium–long-term expectations still lean toward rate cuts → supportive for gold. • TRUMP: No new policy actions with direct market impact. U.S. political factors are temporarily neutral. b) Politics: • Global geopolitical risks remain present. No major escalation, but sufficient to sustain defensive demand for gold. c) Market Sentiment: • Slight risk-off sentiment. Investors are not chasing prices (no FOMO), preferring to wait for pullbacks to buy → gold holds its value well despite USD recovery. => Conclusion: Sideways with an upward bias. 2. Technical Analysis (M15): • Short-term trend: UPTREND • Price is trading above EMA, with a clear Higher High – Higher Low structure. • Current zone ~ 4475–4480 is a technical correction area after a strong rally. => Price is correcting within an uptrend, not a reversal. RESISTANCE: 4,480 – 4,500 – 4,519 SUPPORT: 4,450 – 4,427 – 4,412 3. Previous Session (8/1/26): • Gold corrected first, then rallied strongly from the 4412 low up to 4480. • Strong bullish momentum with clear volume during the rally. • Late-session mild pullback → healthy correction, no distribution signals. 4. Today’s Strategy (9/1/26): 🪙 SELL XAUUSD | 4520 – 4518 • SL: 4524 • TP1: 4512 • TP2: 4506 🪙 BUY XAUUSD | 4436 – 4440 • SL: 4432 • TP1: 4448 • TP2: 4456
OANDA:XAUUSDLong
by Signals_100pips
Crude Oil – Sell around 58.50, with a target of 56.00-55.00Crude Oil Market Analysis: Recent crude oil buying has been largely ineffective. Despite support from fundamentals and data, there has been little upward movement, only small fluctuations. Sell crude oil at 58.50 today. The chart pattern indicates short-term consolidation, with resistance around 60.00. A break above 62 might open new buying opportunities; otherwise, the outlook remains bearish. Fundamental Analysis: The previous ADP employment data has reassured the market, and expectations for the non-farm payrolls report have largely been priced in. Trading Recommendation: Crude Oil – Sell around 58.50, with a target of 56.00-55.00.
NYMEX:CL1!
by FlyingTowardsWealth
WTI(20260109)Today's AnalysisMarket News: On Tuesday, both the Dow Jones Industrial Average and the Dow Jones Transportation Average hit record closing highs, marking the first buy signal from Dow Theory in over a year. Technical strategists believe this confirms the bull market that began in late 2022 remains firmly established, even as some previously high-performing AI-related stocks have recently faced pressure. The Dow Jones Industrial Average's last record closing high was on January 5th, while the Dow Jones Transportation Average's record high was even further back. Dow Jones market data shows that the index's last record closing high was on November 25th, 2024. Technical Analysis: Today's Buy/Sell Threshold: 57.58 Support and Resistance Levels: 60.26 59.26 58.61 56.54 55.89 54.89 Trading Strategy: If the price breaks above 58.61, consider buying with a first target price of 59.26. If the price breaks below 57.58, consider selling with a first target price of 56.54.
NYMEX:CL1!Short
by FlyingTowardsWealth
SILVER Will Keep Growing! Buy! Hello,Traders! SILVER reacts from a well-defined horizontal demand zone after a corrective sell-off. Sell-side liquidity has been swept and smart money mitigation is visible, suggesting a bullish reaction toward higher internal liquidity and upside targets. Time Frame 2H. Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAGUSDLong
by TopTradingSignals
1
CRUDE OIL Free Signal! Sell! Hello,Traders! CRUDE OIL is trading into a well-defined horizontal supply area where smart money distribution is evident. Buy-side liquidity has been taken, and a bearish reaction from premium suggests continuation toward lower liquidity pools below recent lows. -------------------- Stop Loss: 58.90$ Take Profit: 57.74$ Entry: 58.42$ Time Frame: 4H -------------------- Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TVC:USOILShort
by TopTradingSignals
1
Can geopolitics rescue oil from five-year lows?At some point this year there could be a strong opportunity to buy crude oil, as prices near USD 55 per barrel are potentially unsustainable. WTI crude oil futures rose more than 3.5% on Thursday to trade above USD 57.9 per barrel, rebounding from a two-day slide. The move, however, was not enough to recover the losses earlier in the week, and prices remain close to the five-year low set in December. Uncertainty around Venezuelan exports resurfaced after Washington announced plans to maintain indefinite control over the country’s crude sales. Meanwhile, in Iran, protests have been reported in Tehran and other cities as inflation rises and the currency weakens, adding another layer of geopolitical risk for oil. Unlike Venezuela, Iran continues to export roughly 2 million barrels per day and produces between 3.2 and 3.5 million barrels per day, contributing a meaningful volume of global supply.
BLACKBULL:WTI
by BlackBull Markets
BullishBullish trend will be officially confirmed when price decisively breaches above $70. This is a great place (in my opinion) to buy if looking to speculate. I entered multiple positions this morning that will benefit if I am correct. Complex corrections are extremely difficult to get accurate wave counts on, but I feel pretty good about this one overall. We could of course not be finished with the final wave Y down and have a bit more to go before, but we will see! Let me know what you all think. Cheers,
TVC:USOILLong
by MonetaryRebel