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GOLD DAILY CHART ROUTE MAPHey Everyone, Here's an update on the daily chart setup we've been tracking and trading successfully over the past few weeks. As anticipated, price action rejected off the midline of the channel and produced a strong bounce, exactly as we had analysed. This move reached the 3272 Goldturn level and closed above it, opening the path for a potential test of the channel top near 3433. We captured a solid move of over 600 pips, aligning perfectly with our strategy of buying the dips for the ideal swing setup. The channel half line continued to provide support and bounces, with a gap left above at 3433. Our channel top also falls in line with this level. Please note that the gap remains open, but we are not looking to chase from the top. We'll continue to focus on buying pullbacks for better entries. This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake outs and real breakouts, cutting out much of the noise that usually confuses traders. Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalise on quick moves without getting caught in the chop of larger swings. Thank you all again for your continued likes, comments, and follows, we truly appreciate your support! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Here’s our latest weekly chart update. Once again, the Goldturn Channel continues to prove its reliability, with price action unfolding just as anticipated. Last update on this chart, we noted multiple failed attempts to break above the channel top, each confirmed by the EMA5 being unable to close through resistance. This led to a pullback as low as 3189, nearly touching the 3094 level right near the channel's half line, a key support zone we've been closely monitoring. This week, we saw the rejection from the channel top. The channel top gave the rejection into the lower 3281 axis level. Despite the drop, there was no close below 3281, which has provided continuous bounces on the smaller timeframes. Price action is now playing between the 3281 level and the channel top. We’ll be watching closely for a decisive break on either side to determine the next directional move. The 3387 gap also remains open and in play. As long as price remains above the channel half line and especially now above 3281, we will continue looking for dip buying opportunities on retracements, using our intraday levels for targeted 20 to 40 pip moves. If the price pulls back below these key levels, we’ll reassess for potential downside toward the lower boundary of the channel. This is exactly why we stick with our Goldturn Channel methodology, our proprietary system based on weighted averages. It cuts through the market noise, distinguishes real breakouts from fake outs, and empowers us to trade with confidence and clarity. Thanks again for your continued support, your likes, comments, and follows mean a lot. MR GOLD GOLDVIEWFX
OANDA:XAUUSD
by Goldviewfx
8
GOLD (XAUUSD): Support : Resistance Analysis For Next Week Here is my latest structure analysis and important supports & resistances for Gold for next week. Horizontal Structures Support 1: 3238 - 3286 area Support 2: 3122 - 3179 area Support 3: 2957 - 2982 area Resistance 1: 3353 - 3366 area Resistance 2: 3427 - 3425 area Resistance 3: 3483 - 3501 area Vertical Structures Vertical Support 1: falling trend line Vertical Resistance 1: falling trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDShort
by VasilyTrader
9
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great way to wrap up the week! We saw quite a bit of sideways ranging movement between our levels, and our 1H chart idea played out nicely throughout the week, and now we end the week with our 4H chart update. As anticipated, the 4H chart followed through perfectly with our bearish target at 3312 hit first, followed by EMA5 cross and lock, which opened the Retracement Range. This range was reached with precision, and the absence of any further cross and lock confirmed strong support, leading to a bounce back to 3312, just as we expected in our buy the dip strategy. We’ll be back on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! MR GOLD
OANDA:XAUUSD
by Goldviewfx
3
GOLD (XAUUSD): Detailed Daily Time Frame Analysis Gold is officially in correction now. Analysing a price action on a daily time frame, we can see a valid bullish flag pattern. A minor trend that we see within the boundaries of the flag reflects a global overbought state of the market. The upper boundary of the flag is a strong vertical resistance that concentrates a selling interest. An accurate signal of a resumption of a bullish trend will be a breakout and a candle close above that. A bullish wave will be expected at least to 3420 then. Remember that we can not predict how long the market will keep trading within the flag. Also, the market may easily drop lower within that, updating the low. If a correction continues below the low of a flag pole, that may signify a global bearish reversal. Of course, from a current geopolitical and economic perspective it is a low-probability scenario. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
Gold Rejection in Focus – Will Bears Take Control?As anticipated from recent price action, gold’s latest movement may be signaling weakness and could act as a key trigger for short sellers. This is why I anticipate increased short-selling activity ahead. The bearish outlook is still intact. However, a rebound from resistance followed by rejection could once again attract sellers, setting the stage for a move toward the 3,180 support zone, which aligns with the upper boundary of the descending channel. That said, failure to stay below this level could invalidate the bearish scenario and increase the likelihood of a pullback toward the upper line of the channel. Before considering any short positions, look for clear bearish confirmation signals—such as a bearish engulfing candle, strong wick rejections from resistance, or rising sell volume. Please note, I will not get involved without proper confirmation.
OANDA:XAUUSDShort
by LucasMgoldview
1
XAUUSD: The LH trendline is the difference maker.Gold is neutral on its 1D technical outlook (RSI = 54.327, MACD = 32.010, ADX = 35.582), staying under the high impact LH trendline that has been keeping the medium term trend bearish since the April 22nd High. As long as the price is under it, we are short, aiming for the S1 level (TP = 3,246) and not below it as the 1D MA50 offers long term support. If the price closes a 1D candle over the LH trendline, we will turn long and aim for a +7.39% rise from the bottom (TP = 3,485), which has already taken place twice in the past 30 days. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSD
by InvestingScope
GOLD ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart route map from yesterday. Another great day on the charts with our analysis playing out like we said. Yesterday we stated; no EMA5 lock above 3317, forcing a rejection back to the retracement range. We then stated that we are expecting continued reactions within this retracement range, inline with our plans to buy dips. Our updated levels and weighted levels help us track downward movements and catch bounce setups. - This played out perfectly with the reaction from the retracement range into 3317. We will now look for a lock above this level for a continuation or failure to lock will follow with a rejection back into the lower Goldturns for support and bounce. We'll continue to buy dips using our key support levels, targeting 20 to 40 pip moves. As always, each level structure provides consistent bounce zones, offering great opportunities for both entry and exit. If you backtest the levels we’ve shared every week over the past 24 months, you’ll see how effectively they work with or against short to mid term swings and trends. Remember: Swing ranges yield bigger bounces than weighted levels — that’s the key difference. BULLISH TARGET 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET 3517 BEARISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET 3317 - DONE EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET 3233 EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE 3185 3146 As always, we’ll keep you all updated with real time analysis and management of active setups throughout the week. Thank you for your continued support, your likes, comments, and follows mean a lot! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
Gold Holds Steady at $3,300 – Is the Rebound Just Beginning?Hello dear traders, Today, OANDA:XAUUSD is finally showing signs of stability. The metal has successfully rejected a critical support level, an area that has historically attracted strong buying interest. This level is closely tied to the psychological $3,300 mark and continues to serve as a pivotal technical zone for market participants. Recent price action confirms bullish interest with strong rejection candlesticks featuring long lower wicks followed by bullish follow-through. The support zone remains intact and buyers have stepped in, initiating an upward move. Now that the price has bounced from this level, the probability of a continued bullish move increases. If momentum persists, gold could rise toward the $3,340 level, a reasonable short-term target based on past structure and minor resistance. However, failure to hold above $3,300 or a sudden shift in market sentiment could still pose downside risks. A confirmed breakdown below the white support zone would invalidate the bullish setup and potentially open the door to deeper corrections. Earlier on Wednesday, gold attracted dip buyers once again as it retested the $3,300 level. The overnight rebound in the U.S. dollar lost steam amid ongoing concerns about U.S. fiscal stability and rising bets on Fed rate cuts. Both of these factors tend to support non-yielding gold. Additionally, geopolitical tensions between Russia and Ukraine continue to boost safe-haven demand. Always remember to confirm your setups and use proper risk management.
OANDA:XAUUSDLong
by LucasMgoldview
3
GOLD ROUTE MAP UPDATEHey Everyone, Please see the update on our 1H chart route map - playing out exactly as analysed. We started the week with a bearish gap at 3352 being hit, followed by an EMA5 cross and lock below 3352, which opened up the next level at 3317, also hit perfectly. Yesterday, we found support above the 3282 retracement level, leading to a solid bounce into 3317. However, there was no EMA5 lock above 3317, and price faced rejection today once again, pushing it back toward 3282. We are now looking for support to hold above 3282 to give us fresh bounce opportunities and upper Goldturn tests. However, a lock below 3282 will open up lower levels as we move deeper into the retracement range. We are expecting continued reactions within this retracement range, in line with our plan to buy dips. Our updated levels and weighted levels help us track downward movements and catch bounce setups. We'll continue to buy dips using our key support levels, targeting 20 to 40 pip moves. As always, each level structure provides consistent bounce zones, offering great opportunities for both entry and exit. If you backtest the levels we’ve shared every week over the past 24 months, you’ll see how effectively they work with or against short to mid term swings and trends. Remember: Swing ranges yield bigger bounces than weighted levels — that’s the key difference. BULLISH TARGET 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET 3517 BEARISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET 3317 - DONE EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET 3233 EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE 3185 3146 As always, we’ll keep you all updated with real time analysis and management of active setups throughout the week. Thank you for your continued support, your likes, comments, and follows mean a lot! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
11
Bulls rebounded as expected and broke the intraday highFrom the 4-hour analysis, the support of gold price in the evening is around 3290-95, the pressure above is around 3335-40, and the short-term long-short strength and weakness watershed is 3275-83. Before the daily level falls below this position, continue to look at the long-short oscillation range, and maintain the main tone of high-altitude low-multiple cycle participation. Gold operation strategy: 1. Go long on gold when it falls back to 3295-3300, and add more positions when it falls back to 3280-85, stop loss at 3273, target 3316-3320, and look at 3338-45 when it breaks;
FX:XAUUSDLong
by DouglasHart
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart route map, playing out as analysed. We started the week with a bearish gap at 3352 being hit, followed by ema5 cross and lock below 3352, which opened up the next level at 3317, also hit perfectly. We are now seeing ema5 cross and lock below 3317, opening the retracement range, which is currently being tested. We are expecting a reaction within this retracement range, aligning with our plan to buy dips. 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 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET 3517 BEARISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET 3317 - DONE EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET 3233 EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE 3185 3146 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
8
Trading Gold? Know the Difference Between XAU/USD and Futures🔎 Let’s address a question I get very often: “Should I trade spot gold (XAU/USD) or Gold futures?” It might sound like a technical decision, but it’s actually about how you approach the market, your risk profile, and your experience level. So let’s break it down 👇 ________________________________________ 🟡 Two ways to trade the same asset Both spot and futures allow you to speculate on the price of Gold. But they’re two very different beasts when it comes to execution, capital, and strategy. ________________________________________ 1️⃣ Spot gold (XAU/USD) • Traded mostly via Forex brokers or CFD platforms • No expiration — you can hold the position as long as you want • Often used by retail traders for day trading or swing setups • You can open small trades (even 0.01 lots) • Costs include spread, swap fees if you hold overnight • Leverage is usually high — up to 1:100 or more • Margin is required, but typically lower than in futures 💡 Spot is flexible and accessible, but you pay the price through overnight holding costs, wider spreads during volatility, and slippage. On some brokers, especially during high-impact news, your platform might even freeze or delay execution — and that’s a serious risk if you’re not prepared. ________________________________________ 2️⃣ Gold futures (GC) • Traded on major futures exchanges like CME • Contracts have a fixed size (usually 100 oz) • They expire monthly, so you need to manage rollovers • Common among hedge funds and experienced traders • You pay commissions and exchange fees, but no swaps • Margin is required here too — but it's much higher 💡 Futures are structured and professional — but they demand more capital, stricter execution discipline, and higher margin requirements. Just like in spot trading, margin is a collateral deposit, not a cost — but with futures, the bar is set higher. ________________________________________ ⚖️ So, which one is for you? If you're using MetaTrader or any platform offered by a Forex/CFD broker, and you're a scalper, intraday, or swing trader working with flexible position sizes... → You're probably better off with spot gold (XAU/USD). If you're trading big volume, managing diversified portfolios, or involved in hedging large exposure... → You should consider futures — but expect to level up your game, capital requirements, and discipline. ________________________________________ 🧠 Mindset: Don’t confuse accessibility with simplicity. Just because spot Gold is easier to open doesn’t mean it’s always the best choice. Just because futures look “pro-level” doesn’t mean they’re always worth it for a retail trader. Understand your tools. Pick the one that aligns with your structure. That’s how you stay in the game. 🎯 ________________________________________ 📚 Hope this cleared it up. If you want me to cover execution setups for each one, let me know in the comments.
TRADENATION:XAUUSDEducation
by Mihai_Iacob
1
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Please see our updated 4H chart levels and targets for the coming week. Price is currently ranging sideways between the two key weighted levels at 3378 and 3312, with both gaps still open. We are closely monitoring these areas for a potential breakout. Until then, we expect continued sideways action within this range. We are watching for the EMA5 to cross and lock above or below these levels to confirm the next directional move. Once that happens, we will adapt accordingly, either to the upside or downside for buying dips. Until a clear break occurs, we anticipate price to test both levels. Our strategy remains to buy dips, using smaller timeframe support levels to capture 20–40 pip bounces, as we’ve consistently done. These intraday moves offer solid entry and exit opportunities in line with the current market structure. As always, our updated weighted levels and swing ranges provide the framework to identify key reaction points, helping us trade both short and mid term moves effectively. BULLISH TARGET 3378 EMA5 CROSS AND LOCK ABOVE 3378 WILL OPEN THE FOLLOWING BULLISH TARGETS 3438 EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET 3496 EMA5 CROSS AND LOCK ABOVE 3496 WILL OPEN THE FOLLOWING BULLISH TARGET 3555 BEARISH TARGETS 3312 EMA5 CROSS AND LOCK BELOW 3312 WILL OPEN THE FOLLOWING BEARISH TARGET 3249 EMA5 CROSS AND LOCK BELOW 3249 WILL OPEN THE SWING RANGE 3198 3119 EMA5 CROSS AND LOCK BELOW 3249 WILL OPEN THE SECONDARY SWING RANGE 3046 2988 As always, we will continue to provide regular updates throughout the week as we manage and execute the setups. Thank you all for your continued support, your likes, comments, and follows are always appreciated! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
XAUUAD UPDATE : 26-5-25This chart is a technical analysis of the gold price (CFDs on Gold in USD per ounce) on the 45-minute timeframe. Here's a breakdown of the key details: Chart Pattern: Ascending Channel: Price has been moving within a well-defined ascending channel, indicated by the two parallel blue lines. Bearish Breakdown Setup: The price is currently near the upper boundary (resistance) of the channel and has started to decline, indicating a potential breakout to the downside. Highlighted Zones: Resistance Zone (Yellow near 3,422): This is where price has struggled to go higher, marked as the top of the channel. Support Zone (Yellow near 3,163): Marked as the lower target, this is a previous area of strong buying interest. Trade Setup: Entry Zone: Around the current price of 3,334.627. Stop Loss: Just above the resistance zone at 3,422.237. Take Profit: Around 3,163.971, near the support zone. Risk/Reward: The setup aims for a relatively high reward-to-risk ratio, suggesting a short (sell) trade with potential for substantial gain if the breakdown occurs. Volume: There’s a spike in volume on some downward candles, which may suggest increasing selling pressure. Interpretation: The chart indicates a potential bearish reversal after a prolonged uptrend within a rising channel. If the price breaks below the lower trendline of the channel, a move toward the 3,163 support zone is anticipated. Let me know if you'd like this analysis in another format (e.g., report or PDF) or if you want similar insights for a different asset.
TVC:GOLD
by Mr_Zakrii
Gold Surges – Is 3,500 USD the Next Target?OANDA:XAUUSD has shown strong bullish momentum, breaking above the upper boundary of the descending channel. This boundary previously acted as dynamic resistance but has now been broken and could potentially become a new support zone if confirmed. Price action at this level suggests a structure consistent with a bullish flag pattern, indicating the potential for a continuation of the uptrend if buyers engage. If buyers confirm support at this level, the price may have the potential to rise toward the 3,500 USD level, which serves as a reasonable target for this setup. And if price breaks beyond this area, there are few clear obstacles above, opening up room for a broader rally within the medium-term trend. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong rejection wicks from the support zone, or rising buying volume, before considering long positions. If you agree with this analysis or have additional insights, feel free to share your thoughts below!
OANDA:XAUUSDLong
by LucasMgoldview
5
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN 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 a gap above at 3389 and a gap below at 3352. We will need to see ema5 cross and lock on either weighted level to determine the next range. 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 3389 EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET 3517 BEARISH TARGETS 3352 EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET 3317 EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET 3233 EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE 3185 3146 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
10
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 3378 and a gap below at 3312. We will need to see ema5 cross and lock on either weighted level to determine the next range. 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 3378 EMA5 CROSS AND LOCK ABOVE 3378 WILL OPEN THE FOLLOWING BULLISH TARGETS 3438 EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET 3496 EMA5 CROSS AND LOCK ABOVE 3496 WILL OPEN THE FOLLOWING BULLISH TARGET 3555 BEARISH TARGETS 3312 EMA5 CROSS AND LOCK BELOW 3312 WILL OPEN THE FOLLOWING BEARISH TARGET 3249 EMA5 CROSS AND LOCK BELOW 3249 WILL OPEN THE SWING RANGE 3198 3119 EMA5 CROSS AND LOCK BELOW 3249 WILL OPEN THE SECONDARY SWING RANGE 3046 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
6
GOLD DAILY CHART ROUTE MAPHey Everyone, Here's an update on the daily chart setup we've been tracking and trading successfully over the past few weeks. As anticipated, price action rejected off the midline of the channel and produced a strong bounce, exactly as we had analysed. This move reached the 3272 Goldturn level and closed above it, opening the path for a potential test of the channel top near 3433. We captured a solid move of over 600 pips, aligning perfectly with our strategy of buying the dips for the ideal swing setup. Please note that the gap remains open, but we are not looking to chase from the top. We'll continue to focus on buying pullbacks for better entries. This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake outs and real breakouts, cutting out much of the noise that usually confuses traders. Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalise on quick moves without getting caught in the chop of larger swings. Thank you all again for your continued likes, comments, and follows, we truly appreciate your support! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6