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GOLD ( CREATED A NEW HISTORICAL PEAK ) ( STRONG RISING ) ( 4H ) XAUUSD HELLO TRADERS Tendency , the price is under strong bullish pressure ,after breakout 2,440$ TURNING LEVEL : the price of turning level between 2,475$ and 2,468$ , indicates the price breaking 2,475$ reach a new resistance level or created a new historical peaks , but if breaking 2,468$ reach a support level . RESISTANCE LEVEL : in the last chart price reach a full resistance level , know this level at 2,491$ , and 2,510$ , for reach this level after breaking 2,475$ . SUPPORT LEVEL : support level at 2,440$ in previously this level is a resistance level but after breaking know worked a strong support level , for reach this level after breaking 2,468$ . PRICE MOVEMENT : the price is sensitive area , yesterday price have strong rising an breakout a supply zone reach a full target , created a new historical peaks , price breaking 2,475$ rising or reach a new resistance level at 2,491$ , then reach a 2,510$ , after breaking 2,468$ reach a support level at 2,440$ it is a strong support level , breaking this level the price started a downward . TARGET LEVEL RESISTANCE LEVEL : 2,491$ , 2,510$ . SUPPORT LEVEL ; 2,440$ , 2,425$ .
OANDA:XAUUSD
by ArinaKarayi
Trump, Fed Speculation Drive Gold to New Heights Trump, Fed Speculation Drive Gold to New Heights Gold price cleared the May 20 high of $2450 on Tuesday, as expectations intensify that the U.S. Federal Reserve will commence an easing cycle in September. Fed Chair Jerome Powell addressed the Economic Club of Washington this week, noting the economy's solid performance and signaling potential rate cuts once inflation trends towards the 2% target. The CME FedWatch Tool indicates near-certain odds of a 25-basis point rate cut in September, with many forecasting a total of 50 basis points in cuts through 2024. But one has to question the accuracy of these optimistic predictions. The next FOMC meeting is in 14 days. Adding to the upward momentum on gold is the potential election of former President Donald Trump in November. Trump's proposed policies, including tariff hikes and tax cuts, are anticipated to increase the U.S. budget deficit and spur inflationary pressures. Bullish momentum in gold appears intact, supported by the Relative Strength Index (RSI) on the daily chart. Although it is trending higher and approaching typical overbought conditions.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ROUTE MAP UPDATEHey Everyone, Like a broken record we smashed our targets once again in true level to level fashion. Yesterday we stated that we were looking for a 2440 full retest and needed ema5 to lock above 2440 to confirm the range above. - This played out perfectly with the 2440 re-test followed with the cross and lock opening 2449 and 2460. Both targets were hit completing this range with plenty of opportunity to get in for the action after the lock. We are now looking for ema5 to lock above 2460 to open the upper levels that can be reviewed and tracked on our bigger multi time-frame analysis shared on Sunday. 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. BULISH TARGET 2414 - DONE EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT 2426 - DONE 2440 - DONE EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT 2449 - DONE 2460 - DONE BEARISH TARGETS 2401 - DONE 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
18
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We had price play between both weighted levels like we stated yesterday with 2401 Goldturn test with no cross and lock confirming the rejection bounce into 2414. This then followed with ema5 cross and lock above 2414 Goldturn opening 2426 and 2440. - This played out perfectly, with all levels in this range now complete, with just a point shy of 2440, which can be considered filled. We are now looking for a 2440 full retest and need ema5 to lock above 2440 to confirm the range above. Failure to lock above 2440 Goldturn, will follow with a rejection into the next Goldturn weighted support. 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. BULISH TARGET 2414 - DONE EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT 2426 - DONE 2440 - JUST ABOUT DONE EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT 2449 2460 BEARISH TARGETS 2401 - DONE EMA5 CROSS AND LOCK BELOW 2401 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2388 2372 2359 EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE SWING RANGE 2344 - 2331 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
14
GOLD (XAUUSD): Important Decision Ahead Gold is trading in a global bullish trend. We can see that after a strong bullish wave in February and March, the market stopped growing and started to trade within a horizontal range. The market is stuck within the range for more than 3 months. We see a test of its upper boundary at the moment. An important decision is now ahead. I believe that a bullish breakout of the resistance of the range and a weekly candle close above that will be a strong bullish signal. A new bullish wave will most likely initiate then. Alternatively, the market may respect the resistance of the range the 4th time and keep staying within its boundaries. Let's watch the price action and look for the signal. I will post the update soon. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
7
XAUUSD H1 - Long Signal $2000/ozXAUUSD H1 Here is a potential outlook for XAUUSD going forward, we have sold off since market opened, the opposite move I would have expected. However, we haven't really seen an influx of relevant trading volume yet, I would expect to see this during LON partially, but most likely the US open, both FX markets and subsequent US stock markets. $2400/oz is in the crosshairs for obvious reasons, we have traded from this price previously (with the exception of the PPI dump). Targets would be $2425/oz before potentially breaking higher. XAUUSD is undoubtedly up-trending. Lets see if this weekends headlines can add fuel to the fire.
FX:XAUUSDLong
by Trade_Simple_FX
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test 2414 Goldturn and also between two weighted level range. We have 2414 Goldturn resistance and 2401 Goldturn support weighted levels. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range. We will need ema5 to lock above 2414 to confirm the range above. We also have 2388 and 2372, as the retracement area and will need ema5 lock below this to 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. BULISH TARGET 2414 EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT 2426 2440 EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT 2449 2460 BEARISH TARGETS 2401 EMA5 CROSS AND LOCK BELOW 2401 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2388 2372 2359 EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE SWING RANGE 2344 - 2331 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
20
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2416 Goldturn resistance and 2397, as Goldturn support. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range. We have 2416 open gap and will need ema5 to lock above 2416 to confirm the range above. We also have 2397, as the weighted support area and will need ema5 lock below this level to open the retracement range below. A break below will open the swing range for the extended swing. 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 2416 EMA5 CROSS AND LOCK ABOVE 2416 WILL OPEN THE FOLLOWING BULLISH TARGET 2425 2437 EMA5 CROSS AND LOCK ABOVE 2437 WILL OPEN THE FOLLOWING BULLISH TARGET 2449 2460 BEARISH TARGETS 2397 EMA5 CROSS AND LOCK BELOW 2397 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2382 2361 EMA5 CROSS AND LOCK BELOW 2361 WILL OPEN THE SWING RANGE SWING RANGE 2330 - 2316 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
2
GOLD DAILY CHART UPDATEHey Everyone, Please see update on our daily chart structure. Last week we had the cross and lock above 2355 leaving a gap to 2405. - This gap was completed perfectly, as analysed by us. We now have a candle body close gap above 2405 leaving a gap to 2465 and will need EMA5 lock to further confirm this. We have marked the charts with our unique weighted levels and will use them to track the movement up and down confirmed with ema5 cross and lock confirmation. 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 levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone, Please see update on our mid to longer term weekly chart idea. Last week we advised that we are now seeing price head towards the channel top with a long range/term target at 2434 above the channel and 2505 long range axis target. We also stated that we will keep in mind the potential for temporary short term resistance at the channel top. - This played out perfectly, just like we stated!! We got the hit on the channel top like we analysed and now potentially seeing some resistance like we said. We now also have the gap still remaining at 2434 but just need to keep in mind the conflicting resistance before with the channel top. We will also need to look for ema5 to lock above 2434 to open the long range Axis target 2505. The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD MARKET UPDATEHey Everyone, A great finish to the week with all our chart ideas playing out perfectly and, as per our daily updates throughout the week. After tracking the move down earlier this week and then riding it up inline with our plans to buy dips, we finished off yesterday with needing to see see ema5 cross and lock above 2403 weighted Goldturn to open 2414 and 2425. - This played out perfectly today for the perfect ride up completing this range. We had a correctional move down into 2390 changing previous resistance to support for another bounce completing 2414 once again and now heading for the 2425 test again. DOUBLE BUBBLE ACTION!!! BULLISH TARGET 2390 - DONE EMA5 CROSS AND LOCK ABOVE 2390 WILL OPEN THE FOLLOWING BULLISH TARGET 2403 - DONE EMA5 CROSS AND LOCK ABOVE 2403 WILL OPEN THE FOLLOWING BULLISH TARGET 2414 - DONE 2425 - DONE BEARISH TARGETS 2378 - DONE EMA5 CROSS AND LOCK BELOW 2378 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2364 - DONE 2355 - DONE We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold
OANDA:XAUUSD
by Goldviewfx
10
GOLD (XAUUSD): Updated Support & Resistance Analysis Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Falling Trend Line Horizontal Structures Support 1: 2386 - 2393 area Support 2: 2348 - 2356 area Support 3: 2334 - 2339 area Support 4: 2286 - 2298 area Resistance 1: 2426 - 2450 For now, I am looking for a pullback to Supports to buy the market from. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
1
GOLD ROUTE MAP UPDATEHey Everyone, Great day on the chart once again completing our targets in true level to level fashion. After completing 2378 yesterday; we stated that we needed to see ema5 lock above 2378 to open 2390 and the range above. We got the ema5 cross and lock, followed with 2390 and 2403 HIT. We will now need to see ema5 cross and lock above 2403 weighted Goldturn to open 2414 and 2425. We already have a candle body close gap above 2403 opening 2414. Ema5 will solidify this with the extended 2425 target aswell. 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, 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 in the past 24 months, you can see how effectively they played out, with or against short/mid term swings and trends. BULLISH TARGET 2390 - DONE EMA5 CROSS AND LOCK ABOVE 2390 WILL OPEN THE FOLLOWING BULLISH TARGET 2403 - DONE EMA5 CROSS AND LOCK ABOVE 2403 WILL OPEN THE FOLLOWING BULLISH TARGET 2414 2425 BEARISH TARGETS 2378 - DONE EMA5 CROSS AND LOCK BELOW 2378 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2364 - DONE 2355 - DONE EMA5 CROSS AND LOCK BELOW 2355 WILL OPEN THE SWING RANGE SWING RANGE 2333 - 2322 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
OANDA:XAUUSD
by Goldviewfx
14
GOLD ROUTE MAP UPDATEHey Everyone, PIP-TASTIC day on the charts once again!!! After yesterdays challenge on the retracement range, we stated that we needed to see ema5 lock below this level to open the swing range or a failure to lock below will confirm rejection for a re-test on the Goldturns above. - This played out perfectly with 2378 HIT today completing this range. We now need to see ema5 lock above 2378 to open 2390. We already have a candle body close gap open to 2390 but ema5 lock will solidify it. 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, 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 in the past 24 months, you can see how effectively they played out, with or against short/mid term swings and trends. EMA5 CROSS AND LOCK ABOVE 2390 WILL OPEN THE FOLLOWING BULLISH TARGET 2403 EMA5 CROSS AND LOCK ABOVE 2403 WILL OPEN THE FOLLOWING BULLISH TARGET 2414 2425 BEARISH TARGETS 2378 - DONE EMA5 CROSS AND LOCK BELOW 2378 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2364 - DONE 2355 - DONE EMA5 CROSS AND LOCK BELOW 2355 WILL OPEN THE SWING RANGE SWING RANGE 2333 - 2322 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
OANDA:XAUUSD
by Goldviewfx
11
No bigger driver for Gold than inflation this week? This week's economic calendar is dominated by US inflation data, with the Consumer Price Index (CPI) and Producer Price Index (PPI) set for release. Expectations are for a further decline in inflation, potentially strengthening the case for multiple Federal Reserve interest rate cuts this year. Economists polled by Reuters forecast annual consumer price inflation to have eased to 3.1% in June, down from 3.3% in May. An interesting development today: Federal Reserve Chair Jerome Powell, in his appearance before the Senate Banking, Housing, and Urban Affairs Committee, expressed concerns about the potential risks of maintaining high interest rates for an extended period, which could threaten economic growth, CNBC reported. For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox. Gold prices edged higher, with XAU/USD trading at $2,364, up over 0.25%. The first resistance level for gold could be July 5 high at $2,392. On the downside, if nearer support levels fail, the next support zone could be the May 3 low of $2,277.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD (XAUUSD): Technical Outlook Explained Gold is currently consolidating within a narrow horizontal range on a 4H time frame. The reaction of the market to Powell speech was very limited and the price did not manage to initiate an impulsive movement. If you are looking for a bullish confirmation, I suggest waiting for a bullish breakout of an upper boundary of the range. A 4h candle close above 2371 will confirm a violation. A bullish continuation will be anticipated at least to 2390. Alternatively, a bearish breakout of the support of the range will trigger a further bearish continuation lower to 2338 support. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1