Gold is above the EMA200 and EMA50 in the 1-hour time frame and is in its ascending channel. If gold climbs to the top of the channel, we can look for positions to sell it at the target of $2,700. The loss of the midline of the channel will lead to the continuation of this corrective process. Gold is expected to continue its growth trajectory in 2025, although this growth may not match the impressive performance seen in 2024. Juan Carlos Artigas, the Head of Research at the World Gold Council, discussed the reasons behind this trend and outlined three possible scenarios for gold’s future in an interview with Kitco News. Artigas attributed gold’s record-breaking performance in 2024, which included 40 new highs, to the metal’s dual role as an investment asset and a consumer commodity. He stated, “Gold is an extremely effective risk management tool. Investors have turned to it due to rising market volatility and geopolitical risks.” For 2025, Artigas predicted three distinct scenarios for the gold market: • Limited growth with low volatility: This would occur if expectations for interest rates, inflation, and economic growth remain stable. • Downward pressure: If interest rates remain high or rise further, gold’s investment appeal could diminish. Additionally, weak economic growth might lower consumer demand. • Significant growth: In the event of heightened market volatility and geopolitical risks, investors would likely view gold as a safe haven, driving prices higher. Artigas cautioned that government debt could emerge as a “black swan” event in 2025. He explained that rising global government debt levels and difficulties in securing financing pose a significant risk to the global economy. He further emphasized that gold’s performance against various currencies highlights its role as a hedge against inflation and currency devaluation. For example, gold’s returns against the Turkish lira reached 50% in 2024 due to the lira’s depreciation against the US dollar. Additionally, Artigas pointed to increased demand from central banks and Western investors in the second half of 2024. This surge in demand was attributed to lower central bank interest rates and reduced opportunity costs for holding gold. Among all commodities, gold remains one of the few assets that analysts at BMO Capital Markets are optimistic about for 2025. They predict that central banks will continue purchasing gold to reduce reliance on the US dollar. Furthermore, BMO expects gold to remain a dynamic asset, serving as an effective hedge against inflation, geopolitical uncertainty, and stock market risks. Next week, Donald Trump will be sworn in as the next President of the United States. Meanwhile, the global community is bracing for the new administration, which has announced plans to impose tariffs to promote and protect domestic policies under the “America First” agenda. BMO analysts believe the Trump administration will be “inherently” inflationary. Their report noted, “The new administration has highlighted two clear policies that will dominate Trump’s second term. The first is that 2025 will be a year of tariff increases. Since tariffs function as a domestic tax on consumption borne by consumers, the economic consensus is that tariffs are inherently stagflationary.” They added, “The second key policy involves continued increases in government spending. Trump won the election on promises of tax cuts for corporations and individuals. According to an analysis by the Committee for a Responsible Federal Budget, these promises are expected to add approximately $7.75 trillion to the US national debt between 2026 and 2035.” BMO analysts also noted that rising inflationary pressures will likely lead to a decline in real interest rates, eroding the appeal of short-term bonds, which were a favored risk-free option in the previous year.
BINANCE:BTCUSDT #BTC 1D Hey lovelies! ? With inauguration day approaching, all the negativity should play out before January 20th. Until then, I don’t expect any significant movements. What’s Next? If the market cooperates, we could soon see a breakout of the trendline and horizontal resistance. In that case, consider the range of $102,466 - $104,705 to close your #BTC and other futures positions. It’s better not to take unnecessary risks, as increased volatility is expected on January 20th. My Advice: It’s always better to lock in solid profits now and maybe catch the FOMO if the market continues to rally, rather than panic during a potential drawdown. Trust me, the market will provide great entry opportunities after January 20th. As always, DYOR (Do Your Own Research) and trade wisely! ? Hugs, Your crypto girl
The gold price trend recently showed that the price of gold has shown a relatively stable upward trend for a period of time. It can be seen in the one -hour chart: 1. Rising channel: The price of gold is running in a clear rising channel as a whole, which indicates that the current market trend is too much and the buyer's power is strong. 2. Key price points: several important price points, 2,664, 2,619 and 2,724. These points show the fluctuation law of gold prices in the channel, forming a series of high and low points, which reflect the market resistance and support. 3. Return recovery and breakthrough: The current gold price has just fell from the resistance level at the top of the channel, and the support area of the channel midline was close. The price is expected to continue to rebound after being supported near the midline, further testing higher resistance. Based on the current trend, the price of gold in the future may show the following situations: 1. If the gold is supported from 2,710 to 2,698 near the middle line of the channel, it is expected that the price may rise further. The target is the upper area of the channel, which may touch 2,730 or higher. 2. Low risk: If the price falls below the central line support, it may be further adjusted to the lower edge of the channel near 2,665. But considering the upward trend, such situations may only be brief adjustments. 3. Key support and resistance: supporting positions around 2,698 and 2,685, and the resistance levels are 2,724 and 2,730. In terms of operation suggestions, short -term traders can pay attention to the opportunity to rebound in the mid -line support, while medium and long -term investors can continue to watch more gold prices, but they need to be alert to the risk of failed support. The current macroeconomic environment and market emotions, such as the US dollar index and inflation data, may become the main driving force affecting the trend of gold, and should pay close attention to the release of relevant data. Advice Gold once again rushed to participate in the vacant order under the pressure of 2720, stop loss of 2735. The downlink target 2710, 2700. Below the golden recovery supports the rise of 2698-2695, and participate in multiple single layouts. Raise the situation on the 2720. Break 2685 under the stop loss as the basis for stop loss.
In the chart shown: 1. **Worldcoin (WLD/USDT) – 4H Timeframe (Left Chart)** - The price recently made a sharp drop, forming a **Sell Zone** at the previous **Supply Area**. - After hitting a significant **Demand Zone** around the **1.88 level**, the price has shown a bullish reversal, confirmed by the appearance of a **Buy Signal** and EMA support. - Current price is trading around **2.23**, facing resistance near **TP1 at 2.43** and **TP2 at 2.66**. - Key Levels: - **Resistance**: 2.43, 2.66 - **Support**: 2.09, 2.03 - The momentum suggests potential for upward movement, but caution is advised near resistance zones. 2. **Bitcoin (BTC/USDT) – 15M Timeframe (Right Chart)** - BTC has been on an upward trend, forming higher lows and supported by the **EMA Ribbon**. - Strong **Demand Zone** seen around **99,000 – 99,300** with key TP levels near **100,000 – 102,000**. - The price is currently testing the **POI (Point of Interest)** near **101,800**, indicating a potential breakout if momentum sustains. - Key Levels: - **Resistance**: 102,000, 102,400 - **Support**: 100,500, 99,300 - Short-term traders may look for pullbacks to re-enter near demand zones for optimal risk/reward. ### **Overall Market Analysis** - Both charts indicate bullish momentum, with clear demand zones and visible breakout opportunities. - It's essential to monitor **volume** and key resistance levels to confirm further upside potential. - Applying **stop-loss** is crucial below significant demand zones to manage risks. Feel free to adjust this idea to suit your strategy and risk tolerance. Happy trading! ?
So, obviously the masses are short while institutions are long. We wanna know where they take profit. Psytropy gives us this beautiful report, combining it with middle of the month (loves to be reversal), let's short. I'll update the correct take profit levels later.
"Assess the market conditions, choose your strategy, take responsibility for your own risk, and enjoy the journey!"
AUD/CHF completed a bullish Elliott Wave count (5 waves) at the **January 7 high of 0.5698**. The pair is now moving into a complex and corrective phase lower, which is typical following such patterns. Corrective Pattern: Corrective legs often occur in three or five-wave structures . Key Levels: Intraday resistance is identified at 0.5663 , while support is located between 0.5591 and 0.5581 . Setup: Selling at the market offers a favorable risk-reward ratio of 3.45R . Entry: Sold AUD/CHF at 0.5660 Stop Loss (SL): 0.5680 Take Profit (TP1): 0.5591 Risk-Reward Ratio: 3.45 #tradeplan #AUDCHF #Forex #TechnicalAnalysis #ElliottWave #TradingStrategy
This Friday, the European market focuses its attention on Consumer Price Index (CPI) data and other relevant macroeconomic indicators. The recent release of figures confirms a persistent inflationary environment, with significant implications for the European Central Bank's (ECB) monetary policy. 1. Eurozone CPI: Highest since July The year-on-year CPI in December rose to 2.8%, exceeding market expectations and marking its highest level since July. This increase reflects the rise in fuel prices during the Christmas season and the rise in leisure and culture, especially in domestic (+20.4%) and international (+14.4%) package holidays. Core inflation also increased, standing at 2.6%. Average inflation in 2024 closed at 2.77%, significantly below the 3.5% of 2023 and far below the 8.4% of 2022. However, it is still above the ECB's target, which foresees reaching 2% only in 2026. Impact on financial markets Inflation data raises expectations about future ECB decisions, whose stance will depend on whether inflationary pressures persist. This directly affects the EUR/USD, which could remain under pressure in a context of monetary tightening. 3. Other key indicators in Europe - Spain's trade balance: Updated data show a deficit that reflects the dynamics of exports and imports during a year marked by gradual recovery. - UK retail sales: A key thermometer to measure consumption in an environment of subdued inflation. - Eurozone current account: A crucial indicator for assessing capital flows and their impact on the stability of the euro. 4. EURUSD analysis: Currently the Euro has recovered the price from the low of January 13 (1.01766) and currently trades at 1.02947 awaiting European CPI data. The truth is that there is too much volatility in this cross with a very strong downtrend that has lost its November supports and tried to pierce them on the 15th of this month, we will have to see if the economic indicators mentioned facilitate consolidation and overcome the resistance of 1.04506 that prevent the rise to the next range lost in the previous Christmas rally. Currently its RSI is at 52.11% and its control point (POC) is located in the same zone of current price, so it seems to be showing very restricted movements in this last day of the week, which can only be altered with macroeconomic data. Economic outlook The rebound in prices, although moderate compared to previous years, remains a challenge for monetary policy. European markets are watching how these figures will impact future ECB decisions, with possible repercussions for the exchange rate and sovereign bond yields. With a more controlled inflation close in 2024, the path to price stability in Europe remains gradual as investors adjust their strategies in an uncertain environment. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Harmonic Pattern Trading Strategy: 1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy. 2. Implement proper risk management. 3. Limit exposure to 3% of capital per trade. 4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity. 5. Conduct thorough diligence and analysis before trading. Disciplined approach = Enhanced edge.
Price has been making HHs and HLs over the last week. Long opportunity here with a stop below the previous low.