GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the chat today buying dips in true level to level style.
After hitting our Bullish target yesterday at 2355 we stated we had 2382 left open. Once again we delivered the results with 2382 hit today completing this target.
We now have a gap left open at 2408 but we will only continue to buy dips also keeping in mind our retracement range at 2312.
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
2355 - DONE
EMA5 CROSS AND LOCK ABOVE 2355 WILL OPEN THE FOLLOWING BULLISH TARGETS
2382 - DONE
2408
EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS
2426
2455
EMA5 CROSS AND LOCK ABOVE 2455 WILL OPEN THE FOLLOWING BULLISH TARGETS
2474
2499
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2239 - 2196
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
Goldsignals
Xauusd Gold News: Read the Latest Analysis on XAU/USD
Gold Price: Current Pricing, Prices Chart & Rate Graph
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 now buy 2366
Target 2370
Target 2374
Target 2380
Target 2400
GOLD (XAUUSD): The Escalation in Middle East 🏆
With the Iranian attack on Israel this night,
Gold may open with a gap up.
Before the market closed, the price already reached
a significant intraday demand zone based on a support line
of an expanding wedge pattern and a horizontal support.
The closest resistance can be 2400.
❤️Please, support my work with like, thank you!❤️
XAUUSD 3 options for today these are my options for today so far gang .. got that engulfing at 2399 with r1 above it to react from to take shorts ... its breaks and we hit all time high again. If we push down then we can take buys from the 4h engulfing 2360 area.
Have a great day whatever you get up to and lets stay frosty in these uncertain and crazy times
tommy
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our first target hit at 2355 - BOOOM!!
We now have a lock above this level leaving 2382 open.
We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312.
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
2355 - DONE
EMA5 CROSS AND LOCK ABOVE 2355 WILL OPEN THE FOLLOWING BULLISH TARGETS
2382
2408
EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS
2426
2455
EMA5 CROSS AND LOCK ABOVE 2455 WILL OPEN THE FOLLOWING BULLISH TARGETS
2474
2499
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2239 - 2196
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 Is this a legitimate correction?There is no doubt that Gold (XAUUSD) has entered a new Bull Cycle after last month's bullish break-out. Last week though it closed its 1W candle almost on a Doji which can potentially be a trend reversal, at least on the short-term.
As you can see on this 1W chart, which displays the similarities between the previous Cycle and the current, such 1W candles have been on global market tops: May 01 2023, January 16 2023, March 07 2022 etc.
If we are indeed at the phase past the Accumulation (Rectangle pattern) simular to February 2020, then we can expect a short-term correction. Of course the March 2020 price collapse that touched the 1W MA50 (blue trend-line) had solely to do with the COVID asset-wide crash. Still though, in February 2020, the market posted a red 1W candle that erased the gains of two weeks in a row.
As a result, if the current week doesn't post a new High, we expect a pull-back towards at least 2250. Beyond that, in order to approach the 1W MA50 again, we need a fundamental catalyst.
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GOLD 1H CHART ROUTE MAP FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with 2355, as our Bullish target and 2312, as the support target.
We are looking for a retest at 2355 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a rejection.
Our retracement range is at 2312 and an ema5 cross and lock below this level will open the swing range between 2239 - 2196.
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
2355
EMA5 CROSS AND LOCK ABOVE 2355 WILL OPEN THE FOLLOWING BULLISH TARGETS
2382
2408
EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS
2426
2455
EMA5 CROSS AND LOCK ABOVE 2455 WILL OPEN THE FOLLOWING BULLISH TARGETS
2474
2499
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2239 - 2196
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 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 structures with 2389 as the resistance target and 2326 as the support target.
We are looking for a retest at 2389 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a rejection.
Our bearish support target is at 2326 and an ema5 cross and lock below this will open the retracement range between 2294 - 2274 and a break and lock below 2274 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
2389
EMA5 CROSS AND LOCK ABOVE 2389 WILL OPEN THE FOLLOWING BULLISH TARGETS
2410
2429
EMA5 CROSS AND LOCK ABOVE 2429 WILL OPEN THE FOLLOWING BULLISH TARGETS
2446
2467
POTENTIALLY 2490
BEARISH TARGETS
2326
EMA5 CROSS AND LOCK BELOW 2326 WILL OPEN THE RETRACEMENT RANGE
2294
2274
EMA5 CROSS AND LOCK BELOW 2274 WILL OPEN THE SWING RANGE
SWING RANGE
2196 - 2180
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 MID/LONG TERM PROJECTION Hey 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.
Last week we stated we were seeing price break out of the channel with a candle body close gap open to 2360, which was hit perfectly closing the gap and we also stated that we will need to see ema5 break out of the channel for further continuation above the channel with 2438, as our long range/term target. Failure of ema5 to break outside the channel will see price back into the channel for the channel half line challenge, as the new updated swing range.
Momentum took price all the way into 2404 and just short of our long range target at 2438. We will keep this in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.
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 RANGE ROUTEMAP Hey Everyone,
Last week we stated that after completing all our long range targets, we were seeing price break out of the ascending channel. However we needed to see ema5 cross outside the channel to establish another bullish run above.
The Bullish momentum last week helped clear some of our extended long range targets- BOOOM!!
We also need to keep in mind the detachment below highlighted in circle and may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel will see the swing range zone tested long term.
So far the monthly candle remains above the channel and therefore momentum for the month still remains Bullish with only one last target left on our long term target range at 2483.
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 4H CHART ROUTE MAP UPDATEHey Everyone,
What a fantastic finish to the week!!!!!
Yesterday we shared our completed 1H chart idea update and today we completed our 4H chart idea.
We started the week with our first bullish target hit at 2348 on this chart. Followed with the lock confirmation opening 2367 and then completing the first range.
We then had the ema5 lock above 2367 opening 2384 and 2400, which was hit today for the perfect finish completing this chart idea.
No further lock above 2400 confirmed the rejection, which we are seeing playing out now. We got our perfect finish and exit!!!
BULLISH TARGETS
2348 - DONE
EMA5 CROSS AND LOCK ABOVE 2326 WILL OPEN THE FOLLOWING BULLISH TARGETS
2348 - DONE
2367 - DONE
We will now come back Sunday with our updated multi-timeframe analysis, Gold route map and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend with family and loved ones!!
Mr Gold
GoldViewFX