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Goldprediction

Gold fluctuates. Will it break through resistance and start to rWe analyzed the fundamentals and technical aspects comprehensively over the weekend, and the overall trend tends to be upward. The Asian market opened, and the price rose to around $3,250 and fell back; in yesterday's analysis, I thought that the Asian market would rise rapidly after the opening due to the impact of the US sovereign credit rating. As I predicted, the opening in the morning quickly rose to the intraday high of $3,250, and then began to fall. Finally, it fell to $3,210 and strengthened again, and the trend was the same as my analysis. From the current market, gold continues to fluctuate greatly. It is relatively strong at present, but it is suppressed by the $3,250-3,255 area. Therefore, it is expected that the price will continue to rise after adjustments below $3,250; if the price stabilizes above $3,210, there is still room for the price to rise. Below this, it will start a downtrend that could potentially hit last week’s cycle low of $3,150. In the short term, we need to pay attention to the support level of $3225. If it breaks through the resistance level of $3250-55, it will open up room for growth. We will further pay attention to the high point of $3270-3290. Until the price breaks through the upward resistance zone of $3250-3255 with a strong force, it is recommended not to adopt a long strategy.
OANDA:XAUUSD
by Quaid-1
Bet on a short position near 3265! On Monday, the international gold price rose again by more than 1%. Benefiting from the weaker US dollar and the boost of safe-haven demand, gold first fell to 3206 and then rebounded to 3250, reversing the decline in the early trading. Gold has been under pressure in recent weeks because the market has gradually digested the expectation of stagflation and repriced the expectation of interest rate cuts. The market currently expects the Federal Reserve to cut interest rates by about 58 basis points by the end of the year, while the expectation at the peak of panic in April was as high as 120 basis points. Views on the trend of gold in the evening! The market trend in the past few days is a little speechless for friends who like unilateralism. The market is nothing more than falling or rising first, but basically it rises as much as it falls, and it always fluctuates back and forth in a range. This is actually quite similar to the trend last week. It is nothing more than not as drastic as last week. Tonight, I still prefer to see shocks rather than breakthroughs! The upper resistance is at the previous high of 3265±3, and the lower support is to continue to look at the 3200 integer mark! From the hourly chart, the step-by-step rise is quite obvious, but the first resistance is at 3251. Only after the rise can we continue to see the suppression of 3265. So for today, the position near 3251 is the first attempt at short positions, and the second is 3265. If the rebound is in place, we will continue to play a short position. It is not a big problem to see a profit of 20 to 30 points. If it falls directly below 3200, there will be more room for surprises! Gold: Short when it rebounds near 3251, defend above 8 US dollars, and if you are prudent, just wait for 3265, and target the 3230-20 line!
TVC:GOLDShort
by Yuliya1l11
It’s the right time to shortUS President Trump recently criticized Fed Chairman Powell again, calling him "slow to act" and emphasizing that the Fed should cut interest rates as soon as possible to support the economy. Trump believes that delaying interest rate cuts may lead to the risk of recession in the US economy, but the Fed still takes inflation and employment data as the core of decision-making, and the two sides have obvious differences in policy positions. At present, the Fed's interest rate cut expectations have been postponed and the magnitude has been reduced. Coupled with the expectation of rising US bond yields, the gold market sentiment has weakened. The world's largest gold ETF recently reduced its holdings by 8.98 tons to 918.73 tons, reflecting the cooling of institutions' short-term bullish enthusiasm for gold. Technically, gold prices continued to weaken after breaking through key support last week, and the weekly closing was negative, suggesting that shorts were dominant; the daily level was constrained by the 20-day moving average, and the volatile downward trend may continue in the short term. Focus on the 3250-3265 line resistance during the day. If it cannot break through, the $3,200 mark below may face a test. Gold recommendation: short sell when it rebounds to 3245-3252 range. Target 3230-3220.
OANDA:XAUUSDShort
by TP_Daniel5
1
Bullish Inflation Data Fuels Gold Rebound — Impulsive Waves!?Gold ( OANDA:XAUUSD ) started to fall from the Resistance zone($3,280-$3,245) as I expected in the previous idea , but 50_SMA(Daily) and Support lines were able to hold Gold . ---------------------------------- Today, key U.S. economic data was released: Core PPI m/m: -0.4% (vs. 0.3% forecast) Core Retail Sales m/m: 0.1% (vs. 0.3% expected) PPI m/m: -0.5% (vs. 0.2% forecast) Retail Sales m/m: 0.1% (in line) Unemployment Claims: 229K (as expected) Outlook : The weaker-than-expected inflation data, especially the PPI figures, indicate easing inflationary pressures. This may increase expectations for potential Fed rate cuts, which generally supports gold as a non-yielding asset. Conclusion : Today’s data is overall bullish for gold. Watch for continued upside if sentiment shifts further toward dovish Fed expectations. However, keep an eye on upcoming Fed commentary for confirmation. ---------------------------------- Gold is moving above the Heavy Support zone($3,200-$3,136) and has managed to break the Resistance lines . In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245) can be a good sign for the start of an impulsive wave and a gold pump . I expect Gold to start rising again after a pullback to the Resistance lines(broken) , probably from the Fibonacci Levels inside the chart , and attack the Resistance zone($3,280-$3,245) . Note: If Gold touches $3,154 , we can expect more dumps. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
22
Yield Wars and Crypto Surge: Is Gold Losing Its Luster?Gold currently lacks fundamental backing, as macroeconomic conditions continue to favor alternative investment vehicles. Surging U.S. Treasury yields have diminished the appeal of non-yielding assets like gold, while Bitcoin’s ascent beyond the $100,000 mark indicates a significant shift in risk-on sentiment. Once considered the premier safe-haven asset, gold has seen substantial capital outflows—particularly after President Trump's inauguration—as institutional interest shifted toward cryptocurrencies and government bonds. From a technical perspective, gold is currently testing a key supply zone around the 3250 level. A confirmed Break of Structure (BOS) would require a strong move above the 3255 area. However, should a 4-hour candle close below this zone, it would reinforce bearish intent and potentially trigger a 300-pip correction. With both macro and technical factors aligning, the directional bias remains clearly defined—further analysis is unnecessary at this stage.
EIGHTCAP:XAUUSD
by wickywicks
XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD). We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now. 🌀 According to the wave count: Wave (3) topped out near $3,500 Wave (4) retraced sharply into the channel base We are now potentially at the launch point for Wave (5) — the final impulse leg 💹 Wave (5) Projection: Targeting the upper channel boundary, which aligns closely with $3,740–$3,750 This area also completes the measured move and matches key structural confluence 📈 Technical Confluence Supporting the Bullish Bias: RSI bounced cleanly from oversold territory Bullish EMA crossover (20/50) is happening right near the bounce zone We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls 📍 Key Levels to Watch: $3,149: minor pullback area / possible retest $3,283: Fib 23.6% resistance — needs to be cleared for confirmation $3,500: Major resistance & previous high — breakout zone $3,747: Wave 5 target ⚠️ Invalidation Zone: If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure. 📌 Conclusion: I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs. Drop your thoughts below — are you long on Gold? Let’s talk setups 👇 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
OANDA:XAUUSDLong
by WrightWayInvestments
XAUUSD:Short mainly Gold continued its pullback last week, bouncing back after meeting key support and closing below the negative shadow line. At the present stage, the trend is relying on the key support level shock, and the rebound has not made a breakthrough, the pressure after the retreat of risk aversion is more and more obvious, and there is still the possibility of deepening the decline. Today's trend personal expected sideways shock, short-term pressure above 3245-3250, can be around this area short, below the first support to see 3200, after breaking the 3145-3150. This week's overall operating range relies on the 3145-3250 range band. ↓↓↓ The detailed strategy club will have tips, updated daily, come and get them →→→
OANDA:XAUUSDShort
by Boooob_
Gold Sell Setup: Bearish Price Action Points to 3092!Hello traders, I'm currently keeping a close eye on Gold (XAU/USD) for potential short setups. Recent price action shows clear bearish pressure, with Lower Highs (LHs) and Lower Lows (LLs) forming consistently — a strong indication that bulls are losing control and sellers are still in charge. I'm particularly watching the internal highs around the 3265 zone. I’m anticipating a possible liquidity sweep above that level — a fake breakout that could tap into the daily imbalance zone (highlighted on the chart below). If price reacts bearishly from that area, I’ll be looking for confirmation to go short. GOLD Daily My short-term target for this sell idea is around 3092, just below last week's low. That’s my current perspective on Gold — what are your thoughts? Feel free to drop your analysis or any alternative views in the comment section below. Let’s learn and grow together!
TVC:GOLDShort
by AmaWina
Gold Price Targets Fresh GainsGold Price Targets Fresh Gains Gold price started a fresh increase above the $3,210 resistance level. Important Takeaways for Gold Price Analysis Today - Gold price started a steady increase from the $3,120 zone against the US Dollar. - A connecting bullish trend line is forming with support at $3,210 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price found support near the $3,120 zone. The price formed a base and started a fresh increase above the $3,150 level. The bulls cleared the $3,200 zone and the 50-hour simple moving average. There was also a spike above the 50% Fib retracement level of the downward move from the $3,347 swing high to the $3,120 low. The RSI is now above 50 and the price could aim for more gains. Immediate resistance is near the 61.8% Fib retracement level of the downward move from the $3,347 swing high to the $3,120 low at $3,260. The next major resistance is near the $3,295 level. An upside break above the $3,295 resistance could send Gold price toward $3,350. Any more gains may perhaps set the pace for an increase toward the $3,385 level. Initial support on the downside is near the $3,210 zone. There is also a connecting bullish trend line forming with support at $3,210. If there is a downside break below the $3,210 support, the price might decline further. In the stated case, the price might drop toward the $3,155 support. The next major support sits at $3,120. Any more losses might send the price toward the $3,060 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
1
Gold Analysis.... This 1-hour chart of XAU/USD illustrates a key decision point, showing a possible breakout above resistance or rejection and continuation to the downside. Notable features include: CHoCH (Change of Character) and BOS (Break of Structure) points signaling previous shifts in market direction. Sellside liquidity area marked where orders may have been swept. Price currently trading near $3,180.91, just below a resistance zone. Blue arrows indicate possible bullish move toward $3,240+ or bearish continuation to $3,125, marked as a Weak Low.
FX:XAUUSD
by Alee_Gold_Trader
Gold Price Trading Around 3,200 Points 📌 Gold Information Gold (XAU/USD) is recovering from recent losses, trading around $3,230 per troy ounce during Asian trading hours on Monday as investors seek safe haven assets amid growing concerns about the US economic outlook and fiscal sustainability. The rebound follows Moody's decision to downgrade the US credit rating by one notch, from Aaa to Aa1, citing growing debt and the burden of interest payments. This follows previous downgrades by Fitch and Standard & Poor's in 2023 and 2011, respectively. Moody's now forecasts that the US federal debt will surge to around 134% of GDP by 2035 from 98% in 2023, due to ballooning debt servicing costs, expanding entitlement programs, and shrinking tax revenues - all of which have heightened investor concerns and provided new support for gold prices. 📊Comment Analysis Gold price fluctuated around 3200 at the beginning of the week. There was not much news and it continued to go sideways. 💰Strategy Package ⭐️Set gold price: 🔥Sell gold area: 3259-3261 SL 3266 TP1: $3250 TP2: $3240 TP3: $3230 🔥Buy gold area: $3192 - $3190 SL $3185 TP1: $3200 TP2: $3210 TP3: $3220 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
How to layout in the battle between long and short positionsGold surged directly at the opening, which is in line with our analysis expectations. We gave a short position near 3240-45. As expected, gold fell to the 3230 line for profit. There is great pressure from above and limited space above. Up to now, it has been fluctuating near 3220. For gold, we are now focusing on the short-term support of 3200-06. If it breaks through this position, it is very likely to go to the 3175-90 line. From the current trend analysis, today's support continues to focus on 3170-80, strong support 3150, and upper pressure 3253-60. Relying on this range as a whole, the main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, you must watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will notify you of the specific operation strategy in time and pay attention to it in time. Gold operation strategy: short gold rebound near 3240-50, target 3230-3220. Pay attention to the support of 3202 and 3175 below, and go long according to the strength of the decline!
OANDA:XAUUSDShort
by TP_Daniel5
1
Gold is rising strongly? Beware of a sharp rise to the high poinThe US sovereign credit rating was downgraded from AAA to Aa1; affected by this, gold opened sharply higher in the Asian market on Monday, and the highest so far is around 3250. However, 3250 is not the high point at present, and it is only warming up in the Asian market. The important thing should be in the European and American markets. Such a major breaking news must be seen in the US stock market. If gold can continue to rush above 3250 in the short term, then we will see 3280-3300 later. It is not ruled out that the Asian market will continue to fluctuate sideways in the short term, but I think it will still rise. The high point of 3250 may be broken at any time. From the 4-hour chart: This K line is very strong. Once this K line closes above 3230, the highest high point can be seen from the 4-hour chart here. Judging from the current trend, I think the gold price is bullish as long as it is above 3200 in the Asian market. The lowest price in the Asian market in the morning retreated to around 3210, so it is not known whether it will retreat to around 3200. Then, for the short-term strategy, you can go long around 3210, with 3200 as the stop loss position. As long as the upper target stands at 3250, you can continue to see the profit range of 3280-3300.
OANDA:XAUUSDLong
by Quaid-1
Beware! Gold Falls 📌 World Situation Gold prices fell more than 1.5% on Friday and are on track to close the week with a loss of more than 4% as improving risk sentiment drove investors away from safe-haven assets and into stocks and other riskier investments. At the time of writing, XAU/USD was trading around $3,187, retreating from a daily high of $3,252. The precious metal started the week lower following a reported significant de-escalation in the US-China trade conflict, including an agreement by both sides to reduce tariffs by 115%. Despite trading between $3,120 and $3,265 throughout the week, gold prices struggled to maintain bullish momentum, with weakening buyer interest becoming increasingly apparent against the backdrop of stronger risk appetite and encouraging US economic data. 📊Comment Analysis Will be greatly affected by tariff news and Russia-Ukraine peace talks 💰Strategy Package Resistance: $3265, $3357 Support: $3160, $3112 In this range, you can enter the market in batches in real time to flexibly grasp the market changes. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDShort
by Labaron
XAUUSD GOLD Just Grabbed liquidity Below a key low analysis Full Guide: How to Use COT Data for Trading XAUUSD (Gold) 1. What is COT Data? The Commitment of Traders (COT) report is a weekly publication by the Commodity Futures Trading Commission (CFTC). It shows the aggregate positioning of different types of traders in the futures markets. For XAUUSD (Gold), you’ll look at the Gold futures (COMEX) section. 2. Key Trader Categories in COT Report 1. Commercials (Hedgers): Typically big institutions or producers like mining companies. They use futures to hedge exposure, not speculate. Usually short during rallies and long when price is low. 2. Non-Commercials (Large Speculators): Hedge funds, money managers. Considered the "smart money." Full Guide: How to Use COT Data for Trading XAUUSD (Gold) 1. What is COT Data? The Commitment of Traders (COT) report is a weekly publication by the Commodity Futures Trading Commission (CFTC). It shows the aggregate positioning of different types of traders in the futures markets. For XAUUSD (Gold), you’ll look at the Gold futures (COMEX) section. --- 2. Key Trader Categories in COT Report 1. Commercials (Hedgers): Typically big institutions or producers like mining companies. They use futures to hedge exposure, not speculate. Usually short during rallies and long when price is low. 2. Non-Commercials (Large Speculators): Hedge funds, money managers. Considered the "smart money." Follow trends and often drive major moves. 3. Nonreportables (Retail/Small Traders): Smaller traders, often contrarian indicators. Not always consistent with price direction. --- 3. Where to Find COT Data CFTC Website Tools like: Tradingster.com BarChart.com COTbase.com Look for "Legacy" or "Disaggregated" COT reports for Gold - COMEX. --- 4. How to Read the COT Data for Gold Key Metrics: Longs/Shorts: Number of contracts held. Net Positions: Longs minus Shorts.Changes WoW: Increase/decrease in positions compared to the prior week. Example Insight: If Non-Commercials are heavily net long, and reaching historical highs, market may be overbought. If Commercials increase shorts significantly, they may be preparing for a price decline. A divergence between price action and COT data often signals potential reversal. --- 5. Using COT for Gold Trading (XAUUSD)A. Trend Confirmation Rising net long positions by non-commercials = bullish confirmation. Decreasing net long or rising shorts = weakening trend or reversal. B. Reversal Spotting Extremes in positioning (e.g., record longs by speculators) often precede reversals. Look for non-commercials reducing longs while commercials increase shorts—potential top. C. Liquidity Grabs and COT If gold grabs liquidity (stop hunts) and COT shows heavy speculative positioning, that could be a smart money trap. A strong bullish reversal after liquidity grab with increasing net longs confirms a momentum shift. --- 6. How to Combine COT with Technical Analysis Use COT to validate or question what you see on the chart. Example Setup: Chart: Gold drops below key support (liquidity grab). COT: Non-commercials increase longs that week. Conclusion: Smart money bought the dip — potential for bullish reversal. Combine with: Market structure Volume Sentiment tools Price action (e.g., bullish engulfing, break of structure) --- 7. Limitations and Tips Lagging Data: COT is released every Friday for data on Tuesday. Use it for context and macro positioning, not for intraday trades. Look at weekly or monthly trends, not daily. Best used alongside price action and other confirmation signals. --- Conclusion COT data is a powerful tool for understanding who is behind the move in gold. By tracking the positioning of major players, you can: Confirm trends Spot early signs of reversal Align your trades with institutional momentum
OANDA:XAUUSDLong
by SadarExplore
1
XAU/USD) back up Trand analysis Read The ChaptianSMC Trading point update Technical analysis for XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe suggests a bullish reversal setup from a key support zone. Here's a breakdown of the idea: Key Observations: 1. Support Zone (Yellow Box at ~3,100–3,140): The price recently touched a significant support area marked by multiple previous bounces (green arrows). The latest green arrow shows a bullish reaction from this zone, indicating potential for an upward move. 2. Resistance Zone (~3,220–3,250): This intermediate zone is expected to be the first area of interest for bulls. The analysis suggests a brief pullback or consolidation before continuation. 3. Target Point (~3,375): The chart outlines a projected move to around 3,375, aligning with a previous supply zone and the upper channel line. This is likely the main target for a swing trade. 4. EMA 200 (Blue Line - ~3,221): Price is hovering around the 200 EMA, acting as a dynamic resistance. A breakout above this would add bullish confirmation. 5. RSI Indicator (~41): RSI is recovering from an oversold region (~38), indicating potential momentum building for a reversal. Mr SMC Trading point --- Conclusion: This is a bullish reversal setup with: Entry zone: Around 3,120–3,140 Short-term resistance: ~3,220–3,250 Final target: ~3,375 Invalidation: A clear break and close below the yellow support box (~3,100) Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
23
XAU/USD) bullish trend analysis Read The ChaptianSMC trading point update Technical analysis of XAU/USD (Gold Spot price against USD) on a 1-hour timeframe, featuring a Smart Money Concept (SMC) approach. Here's a breakdown of the key ideas presented: --- 1. Downtrend & Trendline Break The chart initially shows a downtrend with two red arrows marking lower highs. A trendline is broken, indicating a potential shift in market structure. CHOCH (Change of Character) is labeled — a key SMC concept signaling a reversal from bearish to bullish structure. --- 2. Orderblock & FVG (Fair Value Gap) A bullish orderblock is highlighted, indicating an area where institutional buying may have occurred. A Fair Value Gap (FVG) is shown, which often acts as a magnet for price to fill inefficiencies before continuing in the intended direction. --- 3. Resistance & Target Zones A resistance level is marked near 3248–3250, which price may revisit and possibly break. Two target points are identified: First target: ~3344 Final target: ~3433 --- 4. EMA 200 The EMA 200 is acting as dynamic resistance; a break above it adds confluence to the bullish bias. --- 5. Expected Move The analysis anticipates: 1. A pullback into the FVG or orderblock. 2. A bullish continuation after mitigating those zones. 3. Price aiming for the resistance and eventually the upper targets. Mr SMC Trading point --- Conclusion This is a bullish outlook based on a structural break (CHOCH), institutional demand (orderblock), and gap-filling logic (FVG). The price is expected to pull back slightly and then rally toward the 3344 and 3433 levels if it holds the orderblock zone. Pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
5
XAUUSD Bearish Setup with Key Entry, Stop Loss & Target LevelsEA GOLD MAN XAUUSD Entry Point: $3,235.94 Stop Loss: $3,235.94 (above current price, suggesting a SELL trade) Target Points: EA Target Point (Downside): $2,974.71 (Short target) EA Target Point (Upside): $3,505.03 (Long target — likely alternate scenario) Resistance Level: $3,121.49 Nearby Support Zone: Around $3,000–$2,975 📉 Trade Strategy Implied This appears to be a short position setup: Sell at: ~$3,220–$3,235 Stop Loss: $3,235.94 Take Profit: $2,974.71 Risk/Reward Ratio: ~1:3 (very favorable setup if thesis holds) The upside target ($3,505.03) might be for a different scenario — if price reverses and breaks above resistance. 🧠 Market Structure Observations Trend: A bearish break from a previous ascending channel. Momentum: Price has bounced slightly after hitting support, but the moving averages suggest bearish momentum may persist. Key Risk: If price breaks above $3,236 convincingly, it could invalidate the short setup and trigger a bullish run. 📌 Summary Bias: Bearish (based on current setup) Setup: Short with tight stop above resistance Confirmation Needed: Watch for rejection at the $3,220–$3,236 zone and a breakdown below $3,200 for follow-through.
CAPITALCOM:GOLD
by EA_GOLD_MAN_COPY_TRADE
34
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3215 and a gap below at 3170. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3215 EMA5 CROSS AND LOCK ABOVE 3215 WILL OPEN THE FOLLOWING BULLISH TARGET 3298 EMA5 CROSS AND LOCK ABOVE 3298 WILL OPEN THE FOLLOWING BULLISH TARGET 3344 EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET 3394 EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 BEARISH TARGETS 3170 EMA5 CROSS AND LOCK BELOW 3170 WILL OPEN THE FOLLOWING BEARISH TARGET TARGET 3120 EMA5 CROSS AND LOCK BELOW 3120 WILL OPEN THE FOLLOWING BEARISH TARGET TARGET 3077 EMA5 CROSS AND LOCK BELOW 3077 WILL OPEN THE SWING RANGE SWING RANGE 3236 - 3176 EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGE SWING RANGE 3033 - 2988 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4