Dave’s Analysis for 1/26/2025

Summary

Background: Gold has been moving sharply up since 12/19/2024. The risk of tariffs

appears to be moving the gold market currently. Gold has been rising on lower expectations for higher tariffs.  

 

Analysis:

 

  • My mid-term channel direction indicator shows the price is above the expected target level. 

 

  • My MACD indicator shows the likely peak has occurred on 1/24/2025.

 

  • My short and mid-term zero balance indicators are bearish.

 

  • The 13 day cycle is expected to have peaked on 1/24/2025.

 

As usual require price confirmation and sell to enter with a stop order.

 

Recommendation:

 

Sell February Gold at 2750.90 stop for 1/26/2025.

For managing the trade after entry, check out my trading philosophy for futures on this website.

Also be aware that if entered, the contract will soon be rolled over on Wednesday 1/28/2025.

 

Happy Trading,

Dave Register

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About the Author

Dave Register is ExitPoint’s primary developer and creator of the original ExitPoints systems. With a masters in both Physics and Statistics, over 50 years of experience in management information systems and designing AI systems to accurately predict futures market trading, Dave is a respected member of the trading community. His passion for predicting market trends is both personal and professional, a primary interest that he enjoys sharing with others.

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