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XAUUSD: The return of CPI and PPI newsAfter a series of absences from news, in today's trading session two CPI (Consumer Price Index) and PPI (Producer Price Index) will be announced. Therefore, OANDA:XAUUSD can be very volatile and we should be cautious in the last trading session of the week. The CPI is forecast to be favorable for the dollar and the PPI is forecast to be slightly lower than the previous period , but we still need clearer confirmation to assess the trend of gold in the near future. Some key levels that we need to pay attention to in today's trading session: Resistance: , , Support: Support: Strong support: Always be patient and wait for the price to reach the support and resistance zones above and get confirmation. Do not place limit orders or enter orders when the price is increasing or decreasing sharply. Take advantage of the above support and resistance zones and trade short-term when the price reacts at these support and resistance zones. Take profit when the price moves from 10 to 20 prices since entering the order at the support and resistance areas. Wait for reactions such as Engulfing candles, Doji,... at the support and resistance zones. Always set stop loss when trading and manage risks closely. Note : Price may spike through support or resistance levels and then reverse. Therefore, it is crucial to patiently wait for the candle to close before entering a trade. Victor Dan @ ZuperView
OANDA:XAUUSD
by ZuperView
4H see W shape. Support is not broken and it is still bullish.Although gold has experienced a temporary pullback today, we remain bullish as long as the price remains above the upward trend line. While the hourly chart shows a downward trend, with moving averages diverging downward and technical indicators like the MACD forming a death cross, it appears that bears have regained control of the market in the short term. But from the 4H perspective, if the short-term decline continues and it can effectively rebound after touching the trend line and move out of the W-shaped structure, then gold will be expected to hit the 4135-4145 pressure again, and then gradually hit the 4160, 4200 and other periodic resistance levels until the bulls return. As time goes by, the support points on the short-term trend line are constantly moving up. If it falls back to 4050-4035, try to go long on gold in batches with light positions, and the target is 4090-4130. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
When everyone is bearish, I am looking for buying opportunities#XAUUSD OANDA:XAUUSD Looking at the hourly chart, the gold price is fluctuating slowly downwards during the day. Although the bears have regained control of the market in the short term, from the perspective of the 4H cycle, we are still above the rising trend line. Therefore, our bullish attitude in the medium and long term remains unchanged. Any pullback before a significant break below the trend line should be considered a bullish entry opportunity. In the short term, gold still has room to fall. Don't blindly chase the rise and sell the fall at this time. Wait patiently for it to fall back to the support and stabilize before participating in the transaction. As time goes by, the support points on the short-term trend line are constantly moving up. If the gold price in the European and American markets retreats to 4055-4040, we can try to go long on gold in batches with a light position, with the target looking at 4090-4115.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
The market is bearish, but I am firmly bullish.#XAUUSD OANDA:XAUUSD From the perspective of the 4H cycle, the gold price is still above the rising trend line, and we remain bullish on intraday trading. As time goes by, the lower defense gradually moves up to around 4030. Holding this position, the trend remains bullish. The current gold rebound is slightly weak, and there may be another decline in the short term. Continue to pay attention to the support of 4100-4090 below. If it falls back to the support again and is not broken, we can consider going long on gold with a light position. The first target is 4130-4140, with a stop loss. If the short-term support is lost, look for opportunities below again.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
The trend line is not broken and the medium to long term is bull Good morning, bros. Gold has fallen from its high of 4380, dropping nearly $380. This significant drop is relatively rare in the past six months. However, judging from the 4H cycle trend, the current gold price is still above the rising trend line. The 4000 mark is a defensive point for bulls. The decline will only continue after successfully breaking through 4000. Yesterday, the lowest point only retreated to around 4015-4005 before it began to rebound. Although it did not provide us with an ideal entry opportunity, it also confirmed the determination of the buyers below to hold on to the 4000 mark. Therefore, until a clear break below the trend line is achieved, our bullish outlook remains unchanged. The gold price rebounded to around 4135 during the day and then fell back. As I told you yesterday, this position is a relatively dense trading area. I believe the current decline is the market accumulating strength to hit yesterday's rebound high, and it also provides us with a good opportunity to enter the long market. Pay attention to 4110-4100 below. If it retreats to this range, you can try to go long on gold in batches. The first target can continue to look at 4135-4145. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
Look for a volatile upward correction of 4200-4220Good morning, bros. Although the market did not provide us with suitable trading opportunities last night, this did not prevent the market from confirming Allen's advanced trading vision. Even if the long orders at 4060-4050 were stopped out, the gold price still fell back to around 4000 as expected. Continuing to go long can not only turn losses into profits in one fell swoop, but also ensure substantial profits. how is it? Although we were unable to participate in this transaction, the final trend and results always prove the high accuracy of Allen's advanced trading vision and strategic analysis. As the candle chart closed with a long lower shadow that was nearly twice the length of the body, the short-term bottom was found near 4000. Therefore, I believe that gold may be in a state of volatile upward repair today. After a rapid decline and rebound this morning, the current price is once again around 4120-4130. Judging from the hourly chart, there is a rudimentary form of a head and shoulders bottom pattern in the short term. If the gold price retreats again, thus prompting the formation of a head and shoulders bottom pattern, then when the gold price falls back to around 4105-4095, we can also try to go long on gold with a light position. If gold continues to rise, we will pay attention to the performance of 4160-4170 above, which is both a short-term resistance and the daily MA10 moving average. If the bulls want to return to the market, they must first stand firm on the MA10 moving average to have greater hope. Therefore, this resistance range is also the focus of our short-term attention. Once it stabilizes above the MA10 moving average, gold will be expected to rebound to 4200-4220. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
Focus on the key support points of 4000 and 3950 to see rebound#XAUUSD OANDA:XAUUSD Wash the market back and forth during the day, do not blindly chase the rise and sell the fall, wait for key opportunities to enter the market. If gold continues to fall in the U.S. market, pay attention to the rise and fall of the key support level of 4000. If this position is held, gold will rebound and fluctuate. If the 4000 integer mark is lost, we will pay attention to the important support of 3950. If the decline is really too strong and gold falls here, I will definitely consider trying to go long on gold.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
Double top perfectly predicts gold plunge, future market layout#XAUUSD OANDA:XAUUSD Previously, the rise in gold prices continued to break historical records, and today's drop of gold by nearly $300 also broke the recent historical record. The intraday trend has established an M-shaped structure, and the bears have taken the dominant position in the market. The short-term decline has stagnated slightly, and the current gold price is consolidating around 4110. Both bulls and bears have certain opportunities in the short term. Pay attention to the short-term pressure of 4160-4170 on the upside. If it rebounds here, you can consider shorting gold with a light position based on this range as resistance. If gold directly retreats below, first pay attention to the 4085 support. If it breaks, look at the 4060-4050 support. If it retreats to this range, you can try to go long on gold with a light position and bring SL. If 4060-4050 is lost, the final support point will be the 4000 integer mark.
OANDA:XAUUSDShort
by FX_Gold-Hunter_Garrick
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Accurately grasp every trading opportunity,do you dare to followGold prices fell sharply in the evening due to the news, with a daily drop of nearly $300. Judging from the daily chart, the large real negative line almost swallowed up all the gains last week, and the bears have absolute control over the market. Since this morning, Allen has been reminding everyone to pay attention to the M-shaped double-top structure and be alert to the possible sharp market correction. Even if you fail to keep up with our trading rhythm, as long as you refer to my ideas and read them carefully, you can at least effectively avoid being washed out by the market. As gold continues to fall, various voices have appeared in the market. Bros must keep their eyes open when referring to them. After all, not everyone is as brave as Allen in facing mistakes and losses. As I said, the bears are currently dominating the market. Although the decline has stagnated slightly in the short term, the downward trend has not completely stopped. It will be difficult for the bulls to recover all their lost ground tonight. The current gold price is hovering around 4110. If it continues to fall, you can pay attention to the short-term support of 4060-4050 below. Try to go long with a light position, set a stop loss, and look for support at the 4000 integer mark if it breaks. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
What to do after the plunge? Strategy has been updatedGold opened higher today, testing the peak at 4381 before coming under pressure and declining. During the session, it pulled back to a low of 4317, rebounded to around the 4345 level, and then started a cascading drop. Currently, it is consolidating with fluctuations near 4266. We have only executed one successful trade during the Asian session so far today, and all traders who followed the operation have gained good profits. As this wave of gold's decline is relatively rapid, for prudence, we can first observe the market temporarily and will inform everyone when there is an opportunity for operation. Trading Strategy Keep an eye on the trend during the European session. If gold fluctuates weakly in the European session, we will go short when it rebounds in the US session. If gold rebounds strongly in the European session, we will go long on gold when it pulls back in the US session. I will update trading signals in real time in the channel. You can follow it if needed.
TVC:GOLDShort
by Matthew_8888
Big cycle M double top, beware of big pullbackGood morning, bros. Last night we proposed a strategy of short selling in batches if gold rises first and touches the upper pressure level of 4365-4380, and achieved good profits. After today's opening, gold rebounded to this range several times, and it can be said that it has basically recovered the losses since last Friday. However, the intraday rebounds have failed to effectively break through this resistance range. If the bulls want to fully counterattack and move towards the 4400 mark, they need to break through the upper resistance. Judging from the long-term trend, the market has a tendency to form an M-shaped double top, so be cautious in chasing the rise in intraday trading and beware of possible large market corrections. Judging from the short-term trend, the resistance near 4350 is still obvious. If the European session rebounds to this level again without breaking through, the bull market will be difficult to sustain in the short term. We can consider trying a light short position once, but be sure to set a stop loss. At the same time, if the short-term support of 4330-4320 below cannot be held, gold will fall further to test yesterday's rebound low of 4305-4295. Once 4305-4295 is breached, it may trigger a technical sell-off, pushing the gold price to accelerate its correction to 4240 or even the 4220 neckline. Trade intraday at key levels, but be wary of market whipsaws. OANDA:XAUUSD
OANDA:XAUUSDShort
by Perfect_Allen
The 4400 era is coming, and the 4500 era is just beginning.Judging from the current trend, the middle track of the hourly line and the 4H line are already around 4280. As time goes by, the lower low point is constantly rising. We can appropriately increase the expected retracement target and participate in long trading when it retraces to around 4390-4380. But at the same time, we also need to pay attention to the short-term support formed by 4330-4320. If it falls back to this level in the evening and shows a clear stop in the decline, we can also consider entering the market in advance and going long on gold in this range. The upper pressure continues to focus on 4365-4380. If gold rebounds first, you can also consider shorting gold appropriately. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
Is the bull market over for now? Monday's outlook analysis.#XAUUSD OANDA:XAUUSD Gold experienced significant fluctuations back and forth this Friday, which is relatively rare in the entire trading market. There are many traders in the market who are trapped after chasing high prices, or their accounts are blown up because they do not have a reasonable trading plan. This is when the importance of following a good mentor becomes even more apparent. After all, no one's money comes from the wind. On Friday, Trump said his plan to impose 100% tariffs on Chinese imports was "unsustainable". Subsequently, Wall Street stock index futures pared losses as Trump confirmed that the meeting with China "will still take place as scheduled", temporarily easing investors' concerns about global trade tensions. But concerns about the prolonged trade standoff remain one of the key drivers of gold's recent gains. This is accompanied by the continued shutdown of the US government and the market's expectation that the Federal Reserve will cut interest rates by 25 basis points twice in a row at its monetary policy meetings in October and December, which will continue to provide strong support for the rise in gold prices. From a technical perspective, Friday's volatility was very large, but it is obviously premature to blindly speculate that the market has reached its peak in the short term. After all, the fundamentals have not yet created the conditions for a major market crash. Combining the hourly chart and the 4H chart, the short-term support is around 4190-4180. If this position is not broken, it may be difficult to open up the downward space. Otherwise, the gold price will enter a correction rhythm. The upper range of 4275-4285 forms short-term suppression, which is also the watershed between the bulls and bears of gold. Only when gold stands above this range will it be possible to return to the bull market. As for the short-term trading rhythm, we can try to go long on gold if it directly falls back to the support level of 4190-4180, with SL, and the profit target will be 4225-4235. If gold continues to rebound on Monday and touches 4275-4285 for the first time without breaking through, you can short it with a light position. The target will be adjusted in real time according to the strength of the pullback. You can exit the market when you earn $10-30. If a second rebound breaks through resistance, we can look for opportunities to go long after the correction.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
It is not a reversal callback correction to continue to buyGold gapped up at the opening, touched 4379 and then plunged nearly $100 before rebounding quickly. The fluctuations in the Asian session alone are so drastic. In addition, today is Friday and there is a risk of market closure, so intraday trading needs to be more cautious. From the news perspective, the expectation of a Fed rate cut provides liquidity support, Sino-US trade tensions and geopolitical risks stimulate safe-haven demand, and the weakening of the US dollar and economic uncertainty amplify the appeal of gold. Many investors continue to increase their holdings of safe-haven assets in a complex macroeconomic context, providing solid and strong support for the rise of gold. Although short-term prices fluctuate frequently, they have not fallen below the daily MA5 and MA10 moving averages. Therefore, it should not be regarded as a trend reversal, but a market shakeout. Therefore, we maintain a trading strategy that is mainly bullish and supplemented by short selling. From a fundamental perspective, multiple rebound attempts failed to break through, making the upper 4380-4400 range a short-term resistance range. The short-term trend has the tendency to form an M top, so I will give several long trading opportunities during the day. First of all, we should pay attention to the first support formed by 4315-4305 below, which is also the 61.8% retracement position of gold. If it repeatedly circles this position in the short term without breaking, we can try to go long on gold. For the second chance, I would give the support level of 4290-4280 below, which is near the trend suppression and the 50% dividing line, as well as the 4H MA10 moving average. I think we can try to go long on gold again within this range. The last chance I would give is around 4200, the starting point of this round of rise. Even if gold retaliates and falls, we can still maintain good trading opportunities. During the day, we can go long on gold in batches according to the strength of gold's retracement. OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
M-shaped adjustment holds on to 4300-4280 and there are new high#XAUUSD OANDA:XAUUSD Hey my friend, is everything okay? Today's gold market may be exhausting for many people, and the market's back-and-forth washout continues to suppress the mentality of traders. I have witnessed too many people entering the investment market with high hopes, but later suffered heavy losses and became afraid to enter the market. They lost so much that they didn't even have the confidence to encourage themselves. They even suspected at one point that they might not be suitable for this market. Many investors are unhappy about staying in the investment market, but unwilling to leave. This may be the current situation faced by them. The road to success is not crowded because there are not many people who persevere. I want to tell you all this to let you know that short-term fluctuations cannot affect us. Just stick to your own judgment and try your best to do well in every order. In the early morning, I told everyone that 4380 would be a resistance level. When it is touched, you can consider shorting and wait for a pullback correction. This morning I made the judgment that the short-term market will form an M-shaped double top. So far, it seems to be moving in the direction of my expectations. There are many voices in the current market telling you to go long at 4340-4330, but in my opinion, the risk and return here are not proportional. Keep in mind that today is Friday, and every Friday is prone to shifting fundamentals in the market. Therefore, we should be cautious when trading. Given the M-shaped structure, once it is established, after breaking through the 4313 support, gold will inevitably continue its downward trend to test the 4300-4280 support below. This is both the previous trend line suppression position and the low point of the intraday retracement, as well as the 50% golden section line position. Therefore, we can consider waiting for the market to stabilize before placing long positions and maintaining a cautious trade. No matter how bad your current trading situation is, time will not stop for you. Shake off your frustrations, stand up again, and move forward. The fact that you're reading this now signifies a connection between us. If you're willing to share your experiences with me, I'd be happy to help you solve your problems. Look to Garrick, your market guide. For more real-time updates, please visit my homepage.
OANDA:XAUUSDLong
by FX_Gold-Hunter_Garrick
Rising wedge, be wary of a surge and then a fall. Follow 4260#XAUUSD OANDA:XAUUSD After we gave our trading ideas last night, gold touched the upper pressure level as expected. After we tried to arrange short orders as planned, we left the market safely in the early morning. At present, gold continues its strong upward trend, with daily lines closing positively for consecutive days, and the bull-dominated pattern is further consolidated. I have pointed out many times before that the current gold price deviates greatly from the moving average, and the indicators show overbought divergence characteristics. We need to be vigilant about possible short-term correction needs, which has also been verified many times. In the short term, gold continues to rise again. The upper pressure can be focused on 4260-4270, which is also the channel suppression level. When it is touched for the first time, you can try to short with a light position. But remember, our core trading ideas remain unchanged and we remain bullish in the medium to long term. Short selling is only an auxiliary trading strategy. Any downward adjustment before effectively breaking through the key support point can be regarded as a short-term technical correction, thus providing a better entry opportunity for bulls. Pay attention to the support of 4205-4190 below. If it retreats to here, you can continue to go long on gold. The important strong support is still 4140.
OANDA:XAUUSDShort
by Trading-Magician_G
Gold Market Update (Easy to Understand!)Gold’s still shining bright; it’s in a bull market, meaning prices are mostly going up 🟢. But even in a bull market, prices can dip before the next big move. Here’s what could happen next: 📉 If gold falls below 4205, we could see it slide down to 4184 or even 4181. 📈 After that, it might climb again toward 4252, maybe even 4279. 💪 But if gold breaks above 4239, it could keep running up right away! 👉 The big picture: gold still looks strong long-term; just expect a few short dips along the way. Want to know where I see gold going next and how to trade around these levels? 💬 DM me “GOLD” and I’ll share my next target before it hits the charts. 🚀 Mindbloome Exchange Trade What You See, Not What You Think
PEPPERSTONE:XAUUSDLong
by Mindbloome-Trading
How to operate the layout and don’t miss the golden opportunity!News: As expected, the Federal Reserve cut interest rates by 25 basis points on Wednesday and hinted at two more cuts this year, pushing gold to a record high above $3,700. The dollar's rebound from multi-year lows and rising Treasury yields have put some pressure on gold prices. The latest dot plot suggests another 50 basis point rate cut before the end of the year, but Powell expressed caution about the pace of rate cuts. The long-awaited moment has finally arrived. Despite persistently high inflation, the Fed has clearly shifted its policy focus to achieving full employment. The median forecast for the next two years indicates that the Fed plans to cut interest rates by 25 basis points each year. The forecast range for the end-2026 interest rate is 2.6% to 3.9%. Policymakers expect the unemployment rate to reach 4.5% in December this year and fall to 4.4% by the end of 2026. The market will then focus on Thursday's economic data, including US initial jobless claims and the Philadelphia Fed manufacturing index, as well as policy moves from the Bank of England and the Bank of Japan, which may cause short-term fluctuations in gold prices. Gold Trend Analysis: Gold's bullish trend remains intact, and the overall outlook remains bullish, but there is still a risk of medium-term correction. Therefore, when trading, consider waiting for a pullback to go long. After the ups and downs of Monday, Tuesday, and Wednesday this week, gold has twice tested the 3707 high, only to experience significant pullbacks after both attempts. In particular, after the Federal Reserve's interest rate decision, market buying sentiment subsided, and gold fell to a low of 3645. Therefore, it is unlikely that gold will continue to rise in the short term, or even break new highs. Therefore, gold is likely to experience a period of volatile correction in the near term, and there is no need to overestimate the market after the interest rate decision. From a technical perspective, the daily chart closed at a high level, but failed to break through the unilateral moving average support. Therefore, it is unclear whether gold will reverse its trend. At most, it is showing signs of weakening, forming a high-level consolidation. The key support level below is 3620. A break below 3620 and a series of daily declines, breaking through the unilateral moving average, would indicate potential for a significant decline. The H4 Bollinger Bands are currently converging, with the moving averages converging, indicating a very clear volatile trend. The support point between the lower Bollinger Band and the 60-day moving average is near 3635. Unless this level is broken, it will be difficult to pull the lower Bollinger Band apart, leading to a unilateral decline. Gold surged and then retreated, reaching a low near 3645. Therefore, support points below are very clear, with 3635 and 3620 as key support points. Assuming the overall trend remains unchanged, the principle of buying on dips to key support points is bullish. Focus on 3675, 3690, and 3710 above. Thursday and Friday are likely to see continued high-level fluctuations in the bullish trend.
OANDA:XAUUSDShort
by GoldenTrack_Daniel
Goldman Sachs - Too Cheap to Ignore?NYSE:GS and the general financial services sector as a whole has faced extreme trauma over this past month. However, one that particularly stands out is the "bad guy" of the industry who has taken the equivalent to a roundhouse kick to the face, and the chart shows it. But does this mean that someone looking for a dip shouldn't pick up strong equity on a discount? I say no, lets be greedy while other are fearful just like that one guy said. Warren something... I don't really remember his name. Let's examine the numbers before we do the finance equivalent of astrology. This means that value investing and it's rather elementary techniques are going to give us some sort of indicator of a buy or a sell. Here's what you need to know. 1. Sachs has an attractive dividend yield of 2.14% ($11.50/share) and a gleaming dividend payout ratio (DPR) of 21.50%. 2. It is far from its high annual EPS sitting at 41.21 sliding from its high last December at 60.35. 3. It's price to earnings ratio (PE) is lounging nicely at 14.00 meaning we are at a generally cheap share price. This metric is what we're looking for. 4. Unfortunately, it has a rather higher price to book ratio (PB) at 1.64 which somewhat contradicts the PE ratio examined in #3. 5. Other metrics to keep in mind is an EV/EBITDA at 53.90 and a PEG at 16.23 which are both considered undesirable to investors. So as far as statistics are concerned, Goldman is sending some mixed signals making a decision difficult at the moment. This means we're going to have to examine the general sector sentiment and general outlook. Firstly, I'd like to point out Goldman's enterprise value. Sachs' EV is currently reported at 855.93 billion, 673 billion (78.63%) being debt (long term or short). This means NYSE:GS is a debt heavy company and we all know how debt works (the entity taking on the debt owes principal + interest). Well, this means that NYSE:GS is heavily going to be influenced by interest rates even considering their strong revenue. So, if we plan on interest rates being lowered long term (which I'm sure we all do), Goldman will be able to borrow from the Fed at a cheaper interest price while simultaneously owing account holders and bond holders less in interest (or APY yield for that matter). However, in the event that inflation runs wild and the Fed raises rates, NYSE:GS will face some turmoil along with the other commercial investment banks. Great, so now for the fun part. Let's see what the charts have to say about this and what it could be implying. Here is the 4H chart looking back into last October. As you can see, Goldman posted a sweet rally followed by our current pullback. However, we are being flashed with various bullish technical patterns and a strong explanation for the drop (even considering the tariffs threats and indices pullback). In summary, we are examining a stock in gradual freefall towards what appears to be several safety nets. On a psychological level, I find that most investors in the business of "smart money" wont let Goldman drop too low before they put their boot down. I also imagine this will happen pretty soon, but we need to hold the $540 price level. As far as the MACD is concerned, we are experiencing weakness from the buyers are the bears are clearly on offense. And lastly, the GS implied volatility shows that options traders aren't pricing in anything particularly unusual, and the most usual movement for the market is to climb higher so that's good news. So, what's the conclusion. In my humble opinion, I believe that Goldman Sachs' stock is trading too low to not buy. Financially, the company is not showing anything particularly concerning and may just need to show some strength before the mass cash chases this play. As of right now, I am long on NYSE:GS considering the financial statistics, general industry sentiment, and technical analysis which was used as an assistance tool. This trade could be last anywhere from 1 day to 1 year, but I am prepared to hold for much longer.
NYSE:GSLong
by addatheriver0808
Golden opportunities are not hard to grasp.Gold Market Forecast for Next Week: Gold News Analysis: The US dollar strengthened on Friday, but it is poised for a weekly decline as weak economic data led traders to price in the possibility of more interest rate cuts this year. Investors also assessed US President Trump's Federal Reserve nominations. Gold prices experienced a roller-coaster week from August 4th to 8th, particularly during the past two trading days, when reports of gold bar tariffs sparked market panic. Despite the White House's eventual clarification of the reports, gold prices remained near the peak of uncertainty, hovering around $3,400. Gold prices tested the $3,400 mark several times this week, but despite increasing expectations of a Fed rate cut and Trump's nomination of dovish Fed officials, prices remained above that level. Until Friday's news of gold bar tariffs, gold prices surged above the $3,400 mark, reaching a high of $3,409, the highest level since July 24th. Following the panic caused by the gold bar tariffs, and despite the US clarification of the reports, analysts and retail investors remain bullish on gold prices for next week. Next week, gold prices will focus on the meeting between Trump and Putin, as well as speeches by several Federal Reserve officials on the economic outlook, and the release of the July unadjusted CPI annual rate. Gold Technical Analysis: Looking at the current gold price trend, after Friday's pullback and negative close, will gold prices continue to decline next week, or will they rebound and rise? I believe the former is unlikely. The possibility of a new low exists, but it is low. Several attempts at the 3380 support level have failed to break. First, looking at recent price trends, gold prices have continued to rise, with higher highs and lower lows, indicating that the 3268 support level is valid. After rebounding to 3409, it began to fall, closing near 3397, demonstrating the 3380 support level and the strength of bullish sentiment. This suggests that gold prices are currently range-bound at a high level. However, given that the support level remained intact and the price closed above it, the possibility of gold prices breaking below 3380 next week is ruled out. Gold prices failed to break below 3380 on Friday as expected, and the overall trend of rising, falling, and closing lower shows that bulls still have the upper hand. However, I think it is not advisable to conclude that bulls will control the market next week. Although bulls have repeatedly tested 3410 without success, the decline has not been strong. In other words, if the bulls were truly strong, there would be no decline the next day, and the opening of next week should continue to rise. However, the current gold price has not only slowed down its rise, but also shown signs of decline, which means that bears are still holding the 3410 resistance level. Based on the above, we recommend a low-to-long strategy for early next week, supplemented by high-to-short strategies. Regarding support, watch out for 3380. After yesterday's repeated dips, this will become a key defensive point for bulls at the beginning of next week. A test or break of this resistance level is expected. An unexpected break below would disrupt the bullish short-term trend, with a high probability of seeing 3368 or a continuation of the decline to the 3350 area. However, we prefer a move higher above 3380. Regarding resistance, watch out for the 3410 area. Although this area is at 0.382, the dividing line between 3268 and 3500, and also represents resistance from Friday's high, after adjustments and with bullish momentum, the probability of a breakout is increasing. Therefore, we recommend focusing on the 3343 area, which provides strong resistance from the previous high and also represents the dividing line at 0.236. Upon first approaching or touching this area, try to enter a medium-term short position. On the whole, the short-term operation strategy for gold next week is recommended to focus on shorting on rebounds and long on pullbacks. The short-term focus on the upper side is the 3410-3420 line of resistance, and the short-term focus on the lower side is the 3380-3370 line of support.
OANDA:XAUUSDLong
by Trade-Daniel
The trend is clear, why do I choose to be firmly bullish on goldGold Trend Analysis: Yesterday, the gold market demonstrated strong upward momentum, opening near 3290 before falling slightly to a low of 3281 before fluctuating upward. Boosted by the non-farm payroll data, the gold market surged during the US trading session, reaching a single-day gain of 2.02%, reaching a high of 3363 and closing there. The daily chart formed a long bullish candlestick with a long lower shadow, forming a Morning Star pattern, reinforcing the bullish trend. From the perspective of the cycle structure, the daily level is clearly in the 5-wave upward stage, and the upward trend of the large cycle has not changed. At the indicator level, the daily MACD momentum column (the column below the zero axis) represents the short-selling momentum. Its "gradual shortening" means that the short-selling force is weakening and the downward momentum is gradually fading. It is a potential signal of stopping the decline or rebounding. KDJ is about to form a golden cross between 20-50, which is a signal that short-term bullish power is beginning to increase, and the overall trend is bullish. The 4-hour level shows typical bullish characteristics: the moving average system is arranged in a bullish pattern, but there is a certain deviation between the short-term price and the moving average. The technical side needs to correct the deviation rate through a callback before continuing to rise. The short-term support below is focused on the line near 3330-3335. This position is both the relay support level in the previous rise and the intersection of the 4-hour moving averages MA10 and MA20, which has strong support strength; the short-term resistance above is focused on the line near 3370-3383. This area is a pressure-intensive area near the previous high point. If it can be effectively broken through, it will further open up upward space. A successful breakout would open up further upside potential. A breakout would further open up the 3400 mark. For gold trading, the short-term strategy is to buy on dips. If the price pulls back to the 3330-3335 support level, consider entering a long position with a target of 3355-3365. If it reaches 3370-3380, consider a short-term short position with a target of 3350-3340.
OANDA:XAUUSDLong
by Trade-Daniel
1
US Banks on Fire | Revenues Soar, and So Do the ProfitsWho Needs a Recession? Banks Are Swimming in Cash! The largest U.S. banks have reported some of their best quarterly performances in recent years, with surging trading revenues, a resurgence in dealmaking, and an overall renewal of corporate confidence playing pivotal roles. Let’s break down the key details of the results. Market Recovery Across the major banks, investment banking and trading activities recorded impressive performances. Goldman Sachs saw investment banking revenue increase by 24%, while Bank of America (BofA) experienced a massive 44% jump, marking its strongest quarter in three years. The market volatility stemming from factors like the U.S. election and changing expectations around interest rates continued to fuel robust trading revenues. Morgan Stanley’s equities division, for example, reached an all-time high, while JPMorgan and Goldman Sachs enjoyed notable gains in fixed-income trading. A surge in CEO optimism has led to an uptick in mergers and acquisitions (M&A), initial public offerings (IPOs), and private credit demand. Morgan Stanley, in particular, is seeing the largest M&A pipeline in seven years, signaling a sustained wave of dealmaking. Mixed Results for NII Net interest income showed varying results across the banks, but forward guidance indicates that NII will likely see moderate growth in 2025, spurred by continued loan demand and higher asset yields. Credit Risks on the Rise Consumer lending pressures have persisted, with JPMorgan’s charge-offs rising by 9%. Many banks are preparing for a further increase in delinquencies, particularly in credit cards. Commercial Real Estate Challenges While the office sector remains under stress, banks are managing their exposures cautiously and have yet to face significant shocks in this area. Regulatory Scrutiny Continues Citigroup lowered its 2026 profitability target as it undergoes a transformation, while Bank of America faced increased scrutiny over its anti-money laundering compliance. Resilient U.S. Economy Banks are reporting strong consumer spending, loan growth, and corporate profitability, which supports an optimistic outlook for earnings growth heading into 2025. Performance Breakdown for Each Bank JPMorgan Chase - JPMorgan posted a record annual net income of $58.5 billion, marking an 18% increase from the previous year. - Investment banking saw a 46% surge in revenue, driven by strong advisory and equity underwriting. - Trading revenue climbed by 21%, led by a 20% increase in fixed-income trading. - Despite the impressive results, JPMorgan is still facing challenges such as rising charge-offs and pressures on loan margins. CEO Jamie Dimon emphasized concerns about persistent inflation and growing geopolitical risks. Bank of America - BofA experienced an 11% year over year growth in revenue, reaching $25.3 billion, with net income up 112% from the previous year. - The investment banking division saw a dramatic 44% rise in revenue, the highest in three years, thanks to strong debt and equity underwriting. - Trading revenue grew by 10%, driven by solid performance in fixed income (up 13%) and equities (up 6%) as market volatility spurred client activity. - BofA also reported growth in its consumer and wealth management divisions, with credit card fees and asset management showing strength. Client balances grew to $4.3 trillion, a 12% increase from the previous year. - After several quarters of decline, BofA’s NII grew by 3%, exceeding expectations and signaling stability. The bank expects NII to continue rising through 2025, with projections of $15.7 billion per quarter by the end of the year. Wells Fargo - Wells Fargo’s revenue remained flat at $20.4 billion, but net income surged by 50%. - NII declined by 8% year-over-year but is expected to rise slightly in 2025 due to higher reinvestment rates on maturing assets. - The bank made significant progress in cost-cutting efforts, reducing non-interest expenses by 12%, thanks to workforce reductions and efficiency initiatives. - Investment banking fees rose by 59%, benefiting from the broader market recovery and the bank’s renewed focus on its Wall Street presence. - Wells Fargo returned $25 billion to shareholders in 2024, including a 15% dividend increase and $20 billion in stock buybacks. However, the bank continues to face regulatory constraints, notably the asset cap imposed by the Federal Reserve. - Looking ahead to 2025, Wells Fargo anticipates modest growth in fee-based revenue, with cost discipline and efficiency gains driving improvements. Morgan Stanley - Morgan Stanley saw a 26% increase in revenue, reaching $16.2 billion, while net income soared by 142%. - Equity trading revenue jumped by 51%, setting a new all-time high as market volatility sparked increased client activity, particularly in prime brokerage and risk-repositioning trades. - Investment banking revenue grew by 25%, fueled by strong demand for debt underwriting, stock sales, and M&A activity. CEO Ted Pick noted that the M&A pipeline is the strongest in seven years, signaling a potential multi-year recovery in dealmaking. - Morgan Stanley’s wealth management division saw $56.5 billion in net new assets, increasing total client assets to $7.9 trillion. The firm is pushing toward its goal of $10 trillion in assets under management. - In response to growing business complexities, the firm launched a new Integrated Firm Management division to streamline services across investment banking, trading, and wealth management. Goldman Sachs - Goldman Sachs experienced a 23% increase in revenue, reaching $13.9 billion, while net income more than doubled, up 105%. - Record performance in equity trading contributed to a 32% increase in revenue from this segment, as market volatility drove greater client activity. - Investment banking revenue grew by 24%, boosted by significant gains in equity and debt underwriting. - The firm’s asset management division saw an 8% rise in assets under management, reaching $3.1 trillion, while management fees exceeded $10 billion for the year. - Goldman is winding down legacy balance-sheet investments but also saw a gain of $472 million from these investments in Q4. The firm’s recent launch of its Capital Solutions Group is aimed at capturing growth opportunities in private credit and alternative financing. Citigroup - Citigroup posted a 12% increase in revenue, reaching $19.6 billion, with non-interest revenue surging 62%. - Fixed-income and equity markets were key drivers, growing 37% and 34%, respectively, as market volatility tied to the U.S. election boosted performance. - Investment banking revenue climbed by 35%, supported by strong corporate debt issuance and a pickup in dealmaking activity. - The bank unveiled a $20 billion stock repurchase program, signaling confidence in future earnings. - Citigroup also made strides in controlling operating expenses, which declined by 2% quarter-over-quarter. However, the bank lowered its 2026 return on tangible common equity (RoTCE) guidance to 10%-11% due to the costs of its ongoing transformation. - CEO Jane Fraser emphasized Citigroup’s long-term growth trajectory, noting improvements in credit quality and continued progress with the strategic overhaul, including the postponed IPO of Banamex, the bank’s Mexican retail unit, now expected in 2026. Long story short Heading into 2025, the major U.S. banks are in strong positions, buoyed by a favorable economic backdrop, continued growth in trading, and a rebound in corporate dealmaking. Despite challenges such as rising credit risks, regulatory hurdles, and potential macroeconomic uncertainties, the outlook remains positive. With a recovering IPO market, continued wealth management growth, and strong trading revenue, the banks are poised to capitalize on the renewed corporate optimism. The key question will be whether the dealmaking frenzy continues or whether uncertainties in the global economy and market dynamics could temper the rally.
NYSE:JPMLong
by moonypto
2
XAU/USD) bearish Trend Read The captionSMC trading point update Technical analysis of XAU/USD (Gold Spot vs US Dollar) on the 1-hour timeframe. Here's a breakdown --- Technical Breakdown: 1. Descending Channel: Price is trading within a clearly defined downward-sloping channel (black trendlines). This suggests a short-term bearish trend. 2. Resistance Zone (Yellow Box at 3,335–3,340): Price recently rejected from this resistance area. This zone aligns with both the 200 EMA and previous structure, strengthening its validity. 3. EMA Confluence: The 200 EMA (3,336.798) is acting as dynamic resistance. Price is currently below the EMA, confirming the bearish bias. 4. Support/Target Zone: The projected target zone is around 3,313.266, labeled as a support level. This level has acted as previous structure support, increasing its significance. 5. RSI Analysis: RSI is at 37.18, close to the oversold region, but not yet fully exhausted. Suggests there’s still room for a downside move before any potential bounce. Mr SMC Trading point --- Trade Idea Summary: Bias: Bearish Entry: Below the resistance zone (~3,335–3,340) Target: 3,313 (support zone) Invalidation: Break and hold above 3,340–3,345 Risk Note: Watch for potential consolidation or fakeouts before continuation. Please support boost 🚀 this analysis)
OANDA:XAUUSDShort
by SMC-Trading-Point
2