🥇Gold Analysis🥇===>>🟡PRZ🟡🏃♂️ Gold is moving near the Support line .
🌊According to Elliott's wave theory , Gold is completing microwave 4 of the main wave 5 .
🔔I expect Gold to rise to at least 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡.
Gold Analyze ( XAUUSD ), 4-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.
Goldsignals
XAUUSD - GOLD 1hrSimple trading:
M - Pattern "Double top"
We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse.
When U.S. bond yields rise:
- Gold prices might decrease as investors find bonds more attractive due to higher returns.
Dive into the Glittering Abyss of Gold! 🌟💎✨ 🚀 Brace yourselveDive into the Glittering Abyss of Gold! 🌟💎✨
🚀 Brace yourselves, fellow traders! It's time to delve into the shimmering world of GOLD! 🌟 With XAUUSD commanding the stage, let's navigate through the highs and lows of this mesmerizing market. 💰📈
🌐 As the golden bull charges forward, breaking records like never before, it's crucial to stay vigilant amidst the swirling currents of opportunity. 📊💥 But fear not! For within the tight embrace of 2248 to 2256 lies both caution and promise. 🚀🔒
🔮 Peer into the crystal ball, and you'll glimpse the potential for a thrilling downward correction. Yet, in this ebb and flow of fortunes, lies the essence of trading magic! 🌈✨
📈 Picture this: A bold breach above the range could spark a frenzy of buying, propelling us to the lofty heights of 2265. Conversely, should we descend below, seize the chance to sell and gracefully ride the waves down to 2240 📉🚀
🤓 Your journey through this analysis is not just enlightening; it's actionable! 🚀 Let your support amplify these vibes, and remember, trade smart, trade safe. 💡✅
✌️ Until next time, may your trades be prosperous and your path paved with success! 🌍🌟💰
🌟 Discover the Gold Treasures: Today's GOLD Analysis for Wins!🌟 Greetings, phenomenal traders! 🌟
I hope your weekend was absolutely stellar! Now, let's rev up for some exhilarating market maneuvers and set our sights on those colossal profits! 💰📈✨
🔍 Today, let's plunge into the mesmerizing realm of GOLD! 🌟✨ XAUUSD is seizing the spotlight. 🌐💥
As you're well aware, gold is reaching unprecedented peaks, breaking records left and right! 🌟📈
🔮 What lies ahead, you wonder? Well, brace yourselves for a potential downward correction. Currently, Gold is snugly ensconced in a range from 2255 to 2264. 🚀🔒 While this zone calls for caution, fear not, for the future holds boundless excitement! 🌈✨
📈 Should Gold boldly breach above the range, prepare for potential buying frenzy, soaring up to 2274. Conversely, a break below the range could usher in opportunities for selling, gracefully descending to 2242 and 2222. 📉🚀
I trust you find this analysis both enlightening and actionable! 🚀 Boost the vibes by lending your support, and, above all, trade smart and safe. 🤓💡✅
✌️ Peace Out, and may the trading journey unfold with bountiful prosperity! 🌍🌟💰
GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again our chart idea played out perfectly hitting all our Bullish targets right form the get go when the market opened.
As stated we are seeing price challenge 2231 on market close on Friday and we needed ema5 to cross and lock above 2231 to open the range above.
- We got the EMA5 cross and lock above 2231 opening 2240, 2246 and 2253, which were all hit perfectly completing this chart idea!!!
We are now seeing a rejection back into the lower range and seeing price find support at 2231 changing resistance to support for the bounce into testing 2240. We will need to see a new Goldturn formation above 2240 to establish a range here for a retest at the highs created on the arrange above or failure to create Goldlturn support above 2240 will see price head towards 2231 for a challenge. A break below 2231 will will likely open the retracement 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
2240 - DONE
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240 - DONE
2246 - DONE
POTENTIALLY 2253 - DONE
BEARISH TARGETS
2225
2217
EMA5 CROSS AND LOCK BELOW 2217 WILL OPEN THE RETRACEMENT RANGE
2206
EMA5 CROSS AND LOCK BELOW 2206 WILL OPEN THE SWING RANGE
SWING RANGE
2189 - 2181
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 sell Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast
Gold sell confirm signal
Gold now sell 2247
Target 2240
Target 2230
Target 2200
SL 2270
XAUUSD target hit. Now expect a 2100 reversal.Gold (XAUUSD) hit this morning our long-term 2260 Target, which we called for on our March 2021 (see chart below) idea:
That not only made a Higher High formation at the top of the 5-month Channel Up that started on the November 03 2023 Low but also hit the symmetrical 1.382 Fibonacci extension as the last Higher High on May 04 2023.
This has indeed been a long rise for Gold, which is now looking ahead of an equally lengthy correction, assuming the Channel Up and its top stay intact. If they do, we expect a 6-8 week pull-back below the 1D MA50 (blue trend-line) and towards the 0.618 Fibonacci extension from Gold's last Low.
That gives us a 2100 Target, which could make contact with the 1D MA200 (orange trend-line) for the first time since November 13 2023.
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👇 👇 👇 👇 👇 👇
XAUUSD New quarter! can we get the correction now please? Good evening gold gang! its been a while .. ive had nothing to report as price has been so bullish.
We are currently wayyyy out in space. No clue on whats gonna happen .. we just have to wait for price to come back to a probable zone in order to make informed decisions. There may be a gap at open .. lets see if that gaps down or not. If it does .. we can mark and entry for when it fills it.
Other than that .. we got to wait!!
Breaks below the 4h trendline for confirmed sells and a possible long term hold. Buys are 2206 or 2190 .. lower time frame confirmation required.
Have a great week gang!! im active on socials or dm here if you want to as me anything
Catch you in london
tommy
XAUUSDHello traders ,what do you think about GOLD?
Gold has reached the ceiling of the ascending channel. It is expected to enter the correction phase from this level and fall to the specified level, which is the bottom of the channel.
If this post was useful to you, do not forget to like and comment.❤️
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price challenge 2231 on market close on Friday. This is a level of resistance and will need ema5 to cross and lock above 2231 to open the range above.
We have a bullish body close price gap target at 2240 and support targets at 2225 and 2217. We will need to see 2217 cross and lock with ema5 to open the retracement range and a further break below the retracement range will see the swing range open.. Failure to lock below 2217 will establish support above this range for re-tests on the levels above once again.
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
2240
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240
2246
POTENTIALLY 2253
BEARISH TARGETS
2225
2217
EMA5 CROSS AND LOCK BELOW 2217 WILL OPEN THE RETRACEMENT RANGE
2206
EMA5 CROSS AND LOCK BELOW 2206 WILL OPEN THE SWING RANGE
SWING RANGE
2189 - 2181
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 PLAN 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 Goldturn levels, support at 2218 Goldturn and resistance at 2238 Goldturn.
We have a bullish gap open now at 2238 and we are seeing ema5 challenge 2218 and will need to see ema5 lock above 2218 to open the range above upto 2253 and a further lock above 2253 will open the range above.
However, we also have a target retracement range between 2196 - 2180 and a break and lock below 2180 will open the swing range and a further break and lock below the swing range will see the Goldturns tested below.
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
2238
EMA5 CROSS AND LOCK ABOVE 2218 WILL OPEN THE FOLLOWING BULLISH TARGETS
2238
2253
BEARISH TARGETS
2218
2196
2180
EMA5 CROSS AND LOCK BELOW 2180 WILL OPEN THE SWING RANGE
SWING RANGE
2180 - 2153
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 DAILY CHART MID/LONG TERM PROJECTIONHey Everyone,
Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly over the last few months.
Last week we highlighted that we are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extend the channel range to 2205 and 2237 long term.
This played out perfectly, as we saw the rejection play into the retracement area for the correction, inline with the channel half-line support. We then stated that we expected some support for a bounce and then continuation onto channel top.
- This played out once again bouncing off the channel half line into the extended channel top once again for the finish and heading into the targets highlighted with 2237 just left open. Just perfect!!!!
Once again we have highlighted and updated a route map within the channel for retracement and support tests and levels to extend the range and channel top. We ales keep in mind 2175 is holding the structure above the channel half line support.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.
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
GoldViewFX - Gold long term projection and plan.Hey Everyone,
This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top.
We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a test, also inline with the channel half line.
- THIS PLAYED OUT BEAUTIFULLY!
We then suggested that we will see a reaction on this channel half line for another push up to retest the upper range again.
- Once again this played out accordingly for the push up hitting our Bullish targets once again.
However, the 2080 target was left short just by a few pips so can still be considered open. Since then we saw the new monthly candle come down to attach to ema5 this month also highlighted with a circle on the chart. We are looking for dynamic suport here for a push up. If dynamic support fails to hold price here then we are likely to see price support above 1987.
- Just like we said we got the ema5 detachment complete but no dynamic support. 1987 provided the support and the bounce, as advised previously.
We are likely to see price now play between this big range. A break below 1987 will see the lower half of the channel range open up. However, support above this level inline with the channel half-line will give opportunities longer term to buy dips back into the 2080 level long term.
PREVIOUS UPDATE
BOOOOM!!!! Our 2080 target that we have been suggesting and targeting from dips was now hit perfectly last week. We now have 2163, as our long range target to complete this chart idea.
CURRENT UPDATE
2161 was hit last week completing our projection from last week for another perfect hit. We now now either see this channel break and go for the 2235 level or a rejection here for a correctional retracement will see price find support at the highlighted Goldlturns for a reaction until the bulls find momentum again to extent the channel range to then target 2235 and 2296 long term.
- This played out perfectly with the 2235 target hit perfectly and now our long term at 2296 left for the extended range. Once again we have highlighted and updated a route map within the channel for retracement and support tests and levels to extend the range and channel top for the future. We will also keep in mind 2080 is holding the structure above the channel half line support.
Trying to chase the right target is like chasing your tail. The best strategy to trade this, is by having a long term plan. We will continue to buy dips using our smaller timeframes and use the support ranges on this chart to plan our long term exposure to market.
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 (XAUUSD): The Next Potential Resistance 🏆
This week, Gold set a new All Time High again.
Executing a Fibonacci analysis, I found the next potential resistance.
Next week, pay attention to 2250 - 2255 area.
It is an important confluence zone and the market may at least retrace from that.
❤️Please, support my work with like, thank you!❤️
Golds next signals to watch.We are now in the premium price of gold and at all new highs. With no history levels to go off or much structure in there's new zones this is what we have to look for next week. Remember due to world events, oil tentions, high interest rates and more. GOLD is long term bullish. Ideally your looking for best buy opportunities. Gold is approaching the top of its current uptrend channel. We looking currently at the 2246 area once trading begins again Sunday. Sells should be seen from here. Or looking at the 15 min time frame. After a clean break and retest of the level 2216.86. Seen below
The next best buy opportunity and strong poi, would be at our next order block and fair value gap. This area homes our pervious 2200 resistance that Should turn support now we have finally closed above this level. Along with a 4 hr tend line in this area to. A break and retest of this trend line would indicate Sales down to 2156 also a demand area.
DeGRAM | GOLD run - pullback - continuationGOLD tested the structure resistance level by completing the AB=CD pattern.
Price makes a pullback after creating the AB=CD pattern.
The market has made pretty similar moves before; run - pullback - continuation.
We expect a pullback from this resistance level and the continuation of the bullish trend.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLDIt's one of Ending Diagonal. There are 5 waves in the uptrend and in the end of that there are 5 intertwined waves. Another signal is divergence in MACD and RSI started to have lower high, on the other hand DXY is power and started to grow and wars doesn't have effect on markets. So, I think its end of the uptrend and GOLD wants go to rest. If it didn't work and price broke high line, it means GOLD started long-term uptrend and it needs weak Dollar.
I hope you have best trade.
Gold- New ATH this month? Analysis and SpeculationsI've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year.
Now, the question is, will it start with all-time highs this month?
In my opinion, it will.
But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart.
You don't need to be a technical analyst to see that the trend is clearly upward.
We witnessed a major false break to the downside at the end of 2022, and since then, despite normal corrections, the price has consistently made higher lows.
The monthly candle that just started broke above the technical resistance from 2070.
Of course, anything is possible, but in my view, the chances of a long-term reversal are pretty low now. To clarify, I'm referring to a reversal in the long term, not just corrections.
Now, regarding the next all-time high this month, I'll speculate a bit.
Looking at the same monthly chart, the reversal from November 2022 had 1600 pips, representing a rise of 10%, the second reversal from March 2023 had 2000 pips, which represents 11%, and the third and last monthly reversal candle had 1900 pips, which is also 11%.
So, we can speculate that this month's candle will also rise by around 10%.
Calculating this at the current price, we have around 2000 pips. With the month starting at 2040, we reach 2240.
Moreover, if we consider that the reversal actually started at the bottom of last month's Pin Bar, which is at 1980, and add 2000 pips, we also arrive at 2180, which is also an ATH.
In conclusion, while I don't have a crystal ball, I expect an ATH this month.
However, more importantly, I WILL NOT SELL INTO THIS RALLY, ONLY BUY ON DIPS.
Best of luck!
Mihai Iacob
🥇Gold🥇 will Go Down to my 🎯Targets🎯🏃♂️ Gold is moving near the 🟡 Potential Reversal Zone(PRZ)($2,210-$2,197) 🟡 and has reacted well to this zone.
🌊According to the Elliott wave theory , the Double Three Correction(WXY) seems to have been completed.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect Gold to drop to at least one of the 🎯 Targets 🎯 I've outlined on the chart after breaking the Support line .
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 4H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Another fantastic day on the charts for us with our 4H chart also hitting all our targets.
Earlier this week we got our bullish target 2180 hit followed with our ema5 cross and lock above 2180 opening 2196 and 2223.
We got the 2196 twice giving us plenty of opportunities to buy dips for the targets and now heading towards the final target at 2223.
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
2180 - DONE
EMA5 CROSS AND LOCK ABOVE 2180 WILL OPEN THE FOLLOWING BULLISH TARGETS
2196 - DONE
2223
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