Goldsignals
Gold price movements tend to decreaseGold edged lower to $2,330 per ounce on Wednesday, as the US dollar stabilized ahead of May’s US jobs report expected later this week. The US nonfarm payrolls will be closely watched as investors seek cues on the potential timing of the Fed rate cut
🔴SELL GOLD: 2348 - 2350, SL: 2354
🟢BUY GOLD: 2307 - 2305, SL: 2301
Breakout & retest:
📉Breaking and closing on 2338 - 2354 - 2360
📈 Break and close below: 2322 - 2315 - 2306 -2300
🔼Support: 2322 - 2315 - 2305
🔽Resistance: 2338 - 2348 - 2354 - 2360 - 2374
GOOD LUCK EVERYONE👍
Today's news will affect prices
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 1h chart shared on Sunday. We got our 2331 hit followed with a cross and lock opening 2345 and 2359. 2345 was hit and now only 2359 left.
The rejection before this gap followed with a repeat of yesterdays action to find support just above the retracement range again. We were able to buy dips inline with our plans to manage the range.
As long as we have ema5 above 2310, we should another attempt on the range above level to level or a cross and lock below 2310 will confirm the swing 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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2331 - DONE
EMA5 CROSS AND LOCK ABOVE 2331 WILL OPEN THE FOLLOWING BULLISH TARGETS
2345 - DONE
2359
BEARISH TARGETS
2310
EMA5 CROSS AND LOCK BELOW 2310 WILL OPEN THE SWING RANGE
SWING RANGE
2285 - 2274
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
Gold is Ready to break Support zone!!!Gold is moving near the Resistance zone($2,373-$2,353) , Resistance lines , Monthly Pivot Point , and Yearly Resistance(2) .
According to Elliott's wave theory , Gold seems to be completing the Flat Correction(ABC/3-3-5) .
I expect Gold to break the Support zone($2,337-$2,318) soon.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put 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.
GOLD SELL | Idea Trading AnalysisGOLD moving higher as it tests the strong resistance level.. is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Crude Oil - Turbo TuesdayWell yesterday all targets where hit and some!
Today we have more targets to meet and London has not dissapointed so far
NY we will see what happens but for now I have Monthly ssl and weekly CE of wick and the Daily SSL as 3 main draws that will act as Bearish Bias.
That is the Forecast!
GOLD MARKET UPDATEHey Everyone,
Great start to the week with our chart idea playing out perfectly.
As stated we are we got a drop into the retracement range no ema5 cross and therefore nice bounce all the way into hitting our Bullish target 2339 and now heading towards 2360 target.
We are looking for the ema5 lock to further confirm 2360 Goldturn to complete this range targets.
We will continue to see play between the weighted levels and until one breaks to open the next one. True level to level tracking and trading.
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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2339 - DONE
EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2360
EMA5 CROSS AND LOCK ABOVE 2360 WILL OPEN THE FOLLOWING BULLISH TARGET
2389
BEARISH TARGETS
2313
EMA5 CROSS AND LOCK BELOW 2313 WILL OPEN THE FOLLOWING SWING RANGE
SWING RANGE
2290 - 2275
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD forming the first 4H Death Cross in 5 months!Gold (XAUUSD) broke below the 1D MA50 (red trend-line) and is forming today the first 4H Death Cross since January 12. As we mentioned on our previous analysis, we expect the yellow metal to trade sideways on the medium-term and that involves the price testing the May 03 Low on a potential contact with the 1D MA100 (green trend-line).
This will be a mirror trade of the previous Accumulation Phase (late 2023 - early 2024), when Gold made contact with the 1D MA100 on February 13 2024 and then immediately started the new Bullish Leg.
Our Target remains 2280.
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Sell EURUSDThe EURUSD pair has rejected the resistance zone at least four times and is now indicating a potential reversal to the downside. The price action on the EURUSD chart is showing signs of exhaustion as it struggles to break above the resistance zone. Traders are closely monitoring the key support levels for any potential breakdown, which could lead to a shift in market sentiment towards a bearish outlook.
DISCLAIMER
The signals provided by LeoDante_FX are for informational purposes only and do not constitute investment advice. We do not guarantee the accuracy, completeness, or timeliness of the signals, and we are not responsible for any losses or damages arising from the use of our signals.
XAUUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD 1H CHART ROUTE MAP & TRADING PLANS FOR THE WEEK AHEADHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels 2331 Goldturn resistance and 2310 Goldturn support. We will need to see a test and lock on either levels to open the next range.
We now have gaps between both support and resistance weighted levels. Gap above at 2331 weighted level and gap below at 2310 Goldturn.
We will need to see ema5 lock above 2331 to open the range above or a rejection will follow to find support at the retracement range. A cross and lock below 2310 will open the swing 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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2331
EMA5 CROSS AND LOCK ABOVE 2331 WILL OPEN THE FOLLOWING BULLISH TARGETS
2345
2359
BEARISH TARGETS
2310
EMA5 CROSS AND LOCK BELOW 2310 WILL OPEN THE SWING RANGE
SWING RANGE
2285 - 2274
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP & TRADING PLANS FOR THE WEEK AHEADHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels 2339 resistance and 2313 is the weighted support for this range. We will need to see either weighted level break and lock to confirm the next range.
We will need to see ema5 lock above 2339 to open the range above or a rejection will follow to find support in the retracement range. A cross and lock below 2313 will open the swing 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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2339
EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2360
EMA5 CROSS AND LOCK ABOVE 2360 WILL OPEN THE FOLLOWING BULLISH TARGET
2389
BEARISH TARGETS
2313
EMA5 CROSS AND LOCK BELOW 2313 WILL OPEN THE FOLLOWING SWING RANGE
SWING RANGE
2290 - 2275
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
After completing our bullish target of 2438 2 weeks ago confirmed by the body close gap at 2404. No further gap was created and only a wick confirming the rejection.
The rejection completed the detachment to ema5 below as highlighted land also inline with the channel top, which we were looking for a re-test to confirm support.
CURRENT UPDATE
We got the bounce from the channel top into 2360 for a nice catch and now we are seeing price reject at 2360 and closed below the channel top opening the gap below at 2313. We will need to see ema5 also cross into the channel to support the body close for further continuation in the channel or failure of ema5 to cross back into the channel will see another push up from the channel top.
If this support breaks and the channel top does not provide the dynamic support we are looking for then we are likely to see price break back into the channel for a further correction to respect the levels in the channel once again. The levels will then provide the bounces inline with our plans to buy dips, level to level using our smaller time-frames.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans the new month candle opened in a central range with room above and below for the updated detachment to complete, highlighted with the new circle and also room above to re-test the new open range
LAST WEEKS UPDATE
We saw price take a drop last week inline with the longer term correction we were looking for on this monthly chart.
While chasing the bull on our smaller timeframe over the last few months we kept in mind the detachment every week on this chart reminding our followers, with the highlighted circle keeping in mind the market can throw this curve ball at anytime due to the detachment below and to manage risk according in the range due to the wider available range.
CURRENT UPDATE
We saw a continuation of the drop further closing the gap of the detachment with a gap now left open at 2235. Long term we will like to see and look for price to support above the channel top for a continuation to re-test the range above.
We still remain Bullish and will only safely take buys from support levels.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD CHART UPDATEHey Everyone,
Great finish to the week with another nice catch from the dip.
Not much to update today, as we saw price play between both weighted levels like we suggested yesterday. Currently back to testing the 2322 level again. We will need to see ema5 lock above or below either level to open the next range.
We will now come back Sunday with our multi time-frame analysis, Gold route map and trading plans for the week ahead.
Please don't forget to like, comment and follow to support us, we really appreciate it!
As always, have a great weekend with family and loved ones.
Mr Gold
GoldViewFX
GOLD (XAUUSD): Support & Resistance Analysis
Here is my latest structure analysis and important
key levels to focus on and trade on Gold.
Support 1: 2322 - 2328 area
Support 2: 2303 - 2308 area
Support 3: 2266 - 2286 area
Resistance 1: 2361 - 2364 area
Resistance 2: 2426 - 2450 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
GOLD ShortXAUUSD Was rejected recently from ATHS - 2450s now fighting to stay above 2300. I still believe that the price has to move lower to find demand before moving back up. Next area to be tested will be 2300. Areas of support are 2300, 2260, 2200 and finally at point marked A Area.
Long term trend- Bullish
Short term- Sideways to bearish
Let me know what you think about this thing
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Just pure perfection on the level to level tracking!!!
Yesterday after completing 2361 and rejection we confirmed price was heading towards the 2322 weighted level and also stated that, as long as ema5 remains above 2322, we can use our smaller time-frames and intraday levels to buy dips from this range.
- This played out perfectly for the 2322 touch and then the reaction for the buys inline with our plans to buy dips.
Price will play between both weighted levels until we see ema5 lock above or below either level to open 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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2361 - DONE
EMA5 CROSS AND LOCK ABOVE 2361 WILL OPEN THE FOLLOWING BULLISH TARGET
2385
EMA5 CROSS AND LOCK ABOVE 2385 WILL OPEN THE FOLLOWING BULLISH TARGET
2416
BEARISH TARGETS
2322 - DONE
EMA5 CROSS AND LOCK BELOW 2322 WILL OPEN THE FOLLOWING BEARISH TARGET
2290
EMA5 CROSS AND LOCK BELOW 2290 WILL OPEN THE FOLLOWING SWING RANGE
SWING RANGE
2274 - 2246
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
The opposition between the FED and Middle Eastern politicsComplicated geopolitical developments are counterbalancing the Fed's recent stance to support gold prices. On the one hand, the Fed strengthens the Dollar compared to other major currencies. On the other hand, gold is also supported. Support when potential market risks are likely to flare up and increase the attractiveness of Precious Metals that do not generate yields.
Amid the worsening situation, this news pushed the safe-haven asset gold up rapidly. However, gold also needs more of these types of impacts to reach its original price of $2,400.
In addition to closely monitoring the situation taking place in the Middle East, traders also need to pay attention to developments from the ongoing conflict in Ukraine, etc. Basically, traders need to pay attention to everything. Regardless of any major geopolitical developments happening globally, gold is an asset that easily reacts to sudden news on the market.
Analyze technical prospects
Gold is trying to operate around the EMA334 level as it recovers from the technical level of $2,324 USD, which readers noticed in last Friday's edition. However, the recovery momentum is limited with EMA21.
For the gold price to be technically bullish, it would at least need to break out and return to above-trend activity i.e. above the 2370 zone and its short-term target level followed by the opening Fibonacci level. The wide trend is the original price of 2,400 USD.
Meanwhile, gold is at risk of a further decline if it sells off below the $2,324 support level with a target then around $2,305 – $2,300.
Support: 2335 - 2,324 - 2305 USD
Resistance: 2,356 –2,370 - 2,400 USD
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Another great day on the chart today, tracking the movement up and down.
Yesterday we stated after hitting 2361 that we now need to see ema5 lock above 2361 to open the next target or rejection with no lock. We were able to get a few more hits on the 2361 level during Tokyo session and were able to use the smaller timeframes to buy dips.
2361 failed to cross with ema5 and therefore confirmed the rejection that we are seeing now towards the 2322 weighted level. As long as ema5 remains above 2322, we can use our smaller time-frames and intraday levels to buy dips from this range.
Our 1h chart has a gap open to 2365, which was just short by a few pips but as good as done and we have support at 2331 on the 1H chart. We will keep this in mind, as we track both charts.
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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2361 - DONE
EMA5 CROSS AND LOCK ABOVE 2361 WILL OPEN THE FOLLOWING BULLISH TARGET
2385
EMA5 CROSS AND LOCK ABOVE 2385 WILL OPEN THE FOLLOWING BULLISH TARGET
2416
BEARISH TARGETS
2322
EMA5 CROSS AND LOCK BELOW 2322 WILL OPEN THE FOLLOWING BEARISH TARGET
2290
EMA5 CROSS AND LOCK BELOW 2290 WILL OPEN THE FOLLOWING SWING RANGE
SWING RANGE
2274 - 2246
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Another great day on the market today completing our 4H chart idea bullish target.
This chart was shared on Sunday with 2361, as an open target. This target was completed today with a perfect hit.
We now need to see ema5 lock above 2361 to open the next target. Our 1h chart has a gap open to 2365, which was just short by a few pips. We will keep this in mind, as we track both charts.
As stated above we will need to see ema5 lock above 2361 to further open the range above or a rejection will follow to find support in the retracement range. A cross and lock below 2290 will open the swing 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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2361 - DONE
EMA5 CROSS AND LOCK ABOVE 2361 WILL OPEN THE FOLLOWING BULLISH TARGET
2385
EMA5 CROSS AND LOCK ABOVE 2385 WILL OPEN THE FOLLOWING BULLISH TARGET
2416
BEARISH TARGETS
2322
EMA5 CROSS AND LOCK BELOW 2322 WILL OPEN THE FOLLOWING BEARISH TARGET
2290
EMA5 CROSS AND LOCK BELOW 2290 WILL OPEN THE FOLLOWING SWING RANGE
SWING RANGE
2274 - 2246
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX