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GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the chart today, as our updated from yesterday played out once again. After completing our targets yesterday, we stated that we were seeing the rejection back into the weighted Goldturn level 2717, which will either provide support for another bounce up or a cross and lock below to confirm the lower range. - No cross and lock below 2717, as a new Goldturn was created just above it, confirming the perfect rejection for the bounce into 2730. This followed with a new cross and lock above 2730 re-opening 2739 and 2747. 2739 was hit perfectly completing this target once again with 2747 left. Failure to complete the next target will see price retest the support below. As long as 2717 holds, we are likely to see the upper levels retested 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 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. BULLISH TARGET 2730 - DONE EMA5 CROSS AND LOCK ABOVE 2730 WILL OPEN THE FOLLOWING BULLISH TARGET 2739 - DONE 2747 - DONE BEARISH TARGETS 2717 - DONE EMA5 CROSS AND LOCK BELOW 2719 WILL OPEN THE FOLLOWING BEARISH TARGET BEARISH TARGET 2706 EMA5 CROSS AND LOCK BELOW 2706 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2692 - 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE SWING RANGE SWING RANGE 2673 - 2661 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
22
Gold prices edged up as U.S. yields fell and the dollar weakenedThe slight decline of the USD and U.S. Treasury yields may reflect stable market sentiment in Asia following a technology sell-off on Wall Street. U.S. stock futures rebounded as risk was re-established, thanks to strong earnings reports from Tesla Inc. Tesla reported adjusted earnings of 72 cents per share for the quarter, surpassing analysts' average estimates and ending a streak of four consecutive quarters of missed expectations. The company noted that the Cybertruck, delivered for the first time late last year, has started to turn a profit. Personal opinion: The price of gold is currently facing strong resistance at $2,723. This is the 23.6% Fibonacci retracement level from the recent record price increase, where the price rose from $2,604 on October 10 to an all-time high of $2,759. If it breaks above this level, buyers may find it easier to surpass the psychological barrier of $2,750. The next target will be the record high of $2,759. Pay attention to the price range: Buy Zone: 2712 - 2710 SL: 2705 Sell Zone: 2759 - 2761 SL: 2766 Sell Scalp: 2736 - 2738 SL: 2743
OANDA:XAUUSDLong
by Chana-Trading
1
Gold stays high despite rising U.S. yields and a stronger dollarGold prices (XAU/USD) reached a new record high on Wednesday, surpassing $2,750 in the European trading session. Risk-averse sentiment and the threat of escalating tensions in the Middle East have driven capital into the precious metal. Political instability in the U.S. and accommodative monetary policy have also supported gold prices. Despite the U.S. dollar rising to its highest level since early August, bullish sentiment remains strong. Expectations that the Federal Reserve will cut interest rates less and concerns about spending deficits following the presidential election have pushed U.S. Treasury yields to a three-month high, which could hinder further growth in XAU/USD amid light overbought conditions. Personal opinion: XAU/USD has faced resistance near the $2,750 level, followed by the $2,767 area, which is the upper boundary of a two-week upward channel. If this barrier is cleared, it’s likely that the price of gold will continue to grow. If that happens, we could see gold reaching the $2,800 mark. Pay attention to the price range: Buy Zone: 2738 - 2736 SL: 2731 Buy Scalp: 2749 - 2747 SL: 2742 Sell Zone: 2767 - 2769 SL: 2774
OANDA:XAUUSDLong
by Chana-Trading
XAUUSD: extending the rally on the 1H MA50.Gold is highly overbought on its 1D technical outlook (RSI = 75.334, MACD = 39.540, ADX = 45.426) but that has no effect on the short term timeframes such as on 1H, where the nearly 2 week Channel Up continues to rise. Technically it will keep extending it as long as the 1H MA50 holds. Every rebound on or below it has been around +2.50%. The last test was exactly on it (yesterday), so we remain bullish and expect at least a +2.23% rally (TP = 2,775). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
GOLD 1H & 4H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the chart today with our 1H chart hitting the bearish target at 2719 after completing the bullish targets yesterday. No cross and lock below 2719, confirmed the weighted level bounce and back into the bullish targets again, inline with our plans to buy dips. We now still have the remaining target at 2747 left, which will be further confirmed with ema5 lock above 2739. 1H CHART ROUTE MAP This 4H chart after completing yesterdays target, we stated that we will now look for ema5 lock above 2737 to confirm the range above or failure to lock will follow with a rejection to test the lower Goldturns for reactional bounces. - We got the rejection with the drop into the lower Goldturn 2715, followed with the perfect bounce, like we said back into 2737. We will now look for the same again; either a cross and lock above 2737 or a rejection here for the lower Goldturn reactional bounces 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 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. BULLISH TARGET 2737 (EMA5 LOCK ABOVE 2715 WILL FURTHER CONFIRM THIS) - DONE EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2760 POTENTIALLY 2779 EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 POTENTIALLY 2814 BEARISH TARGETS 2715 - DONE 2693 EMA5 CROSS AND LOCK BELOW 2693 WILL OPEN THE FOLLOWING BEARISH TARGET 2669 EMA5 CROSS AND LOCK BELOW 2669 WILL OPEN THE SWING RANGE SWING RANGE 2640 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
Xauusd sell Meanwhile, any corrective slide now seems to find some support near the $2,720 region. This is closely followed by the lower end of the aforementioned channel, currently pegged near the $2,710 area, which if broken decisively should pave the way for deeper losses. The subsequent fall could drag the Gold price below the $2,700 mark, towards the $2,685 support. The latter should act as a key pivotal point, below which the XAU/USD could accelerate the decline towards the $2,662-2,661 resistance breakpoint, now turned support Gold now sell 2735 Support 2724 Support 2717 Resistance 2745
OANDA:XAUUSDShort
by JohnHarry_7
Gold is rising back to $2,741 early Tuesday.The greenback has retreated from its highest level in nearly three months in Asian trading on Tuesday, as U.S. Treasury yields reinforced the previous price increase. The dollar's pause and rising yields have provided buyers with an opportunity after Monday's sharp drop from record highs. A moderate risk tone and uncertainty ahead of the U.S. presidential election have revived demand for gold as a safe haven. However, it's unclear whether gold prices will sustain their upward momentum and reach new record levels, especially as Chinese stocks show signs of recovery. Expectations for a less aggressive stance from the Fed may also limit the upward trend of this precious metal. Personal opinion: Gold prices are currently attempting to test the record high of $2,741. In this context, buyers are actively pushing back, trying to regain control of the market. The competition between buyers and sellers is intense, creating a lively atmosphere in gold trading. Pay attention to the price range: Buy Zone: 2705 - 2703 SL: 2698 Buy Zone: 2716 - 2714 SL: 2709 Sell Zone: 2740 - 2742 SL: 2747 Sell Zone: 2750 - 2752 SL: 2757
OANDA:XAUUSDLong
by Chana-Trading
Gold seems to be preparing for a correction from its record highThe US dollar (USD) maintains an adjustment regime, reflecting a decline in US Treasury yields. Chinese stocks have rebounded after the People's Bank of China (PBOC) lowered the one-year loan prime rate (LPR) from 3.35% to 3.10%. Although the market's initial reaction was not strong, there are still expectations for further stimulus measures from China. This optimism, combined with ongoing tensions between Israel and Iran, has supported gold prices. Personal opinion: The US dollar's adjustment regime reflects economic volatility. The PBOC's interest rate cut aims to boost China's growth, but the market's weak reaction shows caution due to geopolitical tensions, like those between Israel and Iran. This situation compels investors to tread carefully, especially with gold prices supported by these uncertainties. Pay attention to the price range: Buy Zone: 2704 - 2702 SL: 2697 Buy Scalp: 2719 - 2717 SL: 2712 Sell Zone: 2748 - 2750 SL: 2755
OANDA:XAUUSDLong
by Chana-Trading
1
GOLD 1H & 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our 1H chart hitting two bullish targets 2730 and 2739 and one remaining at 2747, which will be further confirmed with ema5 lock above 2739. 1H CHART ROUTE MAP This 4H chart had ema5 lock above 2715 opening 2737, which was also hit perfectly completing this setup. A PIPTASTIC start to the week!!! We will now look for ema5 lock above 2737 to confirm the range above or failure to lock will follow with a rejection to test lower Goldturns for our reactional bounces. 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 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. BULLISH TARGET 2737 (EMA5 LOCK ABOVE 2715 WILL FURTHER CONFIRM THIS) - DONE EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2760 POTENTIALLY 2779 EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 POTENTIALLY 2814 BEARISH TARGETS 2715 2693 EMA5 CROSS AND LOCK BELOW 2693 WILL OPEN THE FOLLOWING BEARISH TARGET 2669 EMA5 CROSS AND LOCK BELOW 2669 WILL OPEN THE SWING RANGE SWING RANGE 2640 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
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 between two weighted levels. We have 2730 Goldturn resistance and 2719, as Goldturn support. We currently have a gap above on market open at 2730 and below at 2719 and will need 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 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 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. BULLISH TARGET 2730 EMA5 CROSS AND LOCK ABOVE 2730 WILL OPEN THE FOLLOWING BULLISH TARGET 2739 2747 BEARISH TARGETS 2719 EMA5 CROSS AND LOCK BELOW 2719 WILL OPEN THE FOLLOWING BEARISH TARGET BEARISH TARGET 2706 EMA5 CROSS AND LOCK BELOW 2706 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2692 - 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE SWING RANGE SWING RANGE 2673 - 2661 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
13
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 levels. We have 2737 Goldturn resistance and 2715, as Goldturn support. We currently have a candle body close above 2715 opening 2737 on market open but ema5 cross and lock will further confirm this and below at 2715, non weighted support and 2693, as weighted support level. We will need 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 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 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. BULLISH TARGET 2737 (EMA5 LOCK ABOVE 2715 WILL FURTHER CONFIRM THIS) EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2760 POTENTIALLY 2779 EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET 2797 POTENTIALLY 2814 BEARISH TARGETS 2715 2693 EMA5 CROSS AND LOCK BELOW 2693 WILL OPEN THE FOLLOWING BEARISH TARGET 2669 EMA5 CROSS AND LOCK BELOW 2669 WILL OPEN THE SWING RANGE SWING RANGE 2640 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
4
GOLD DAILY CHART SHORT/MID TERM ROUTE MAPHey Everyone, Please see update on our daily chart idea that we have been tracking for a while with the updated retracement and swing range. Previously we analysed and highlighted our long range gap above at 2690, as we had ema5 cross and lock above 2645 opening 2690. We also stated that the daily chart averages are lagging so sometimes gaps get filled before ema5 confirmation, in which case candle body close gaps are suffice and that this gap had both. - 2690 was hit perfectly completing this target. We then had a candle body close above 2690, highlighted with a circle on the chart, opening 2725, as ema5 still lagging. We got the push up nicely but just short of the target, which now remains open for this week. We will now look for a ema5 lock or candle body close above 2725 for a continuation above or a rejection here will see the lower Goldturns tested for 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. 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
6
WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on our weekly chart idea that we have been tracking and trading over the last 3 weeks. Previously we stated that we had a detachment to ema5 below, also inline with the channel top for a possible re-test for a correction, which was then completed by touching ema5 and followed with the bounce, as the channel top provided the support like we stated, perfectly inline with our plans to buy dips. We also stated that we had a candle body close gap open to 2729 for our long range AXIS TARGET, which last weeks candle gave a nice push up for, allowing us to catch the move up and just fell short of a few pips, leaving this gap still open. As stated before if the channel top continues to provide support then we will track the movement up, confirmed with ema5 cross and lock or candle body close. However, if we continue to see tests on the channel top and then get a break inside the channel, then we will track the movement down, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gap for the future.. 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
4
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Another amazing finish to the week with all our chart ideas playing out, as analysed. This chart was posted last Sunday with two open targets, bearish and bullish. Both targets were hit followed with no cross and lock below the bearish target. This confirmed the rejection and provided the support for the bull run, inline with our plans to buy dips. We got the ema5 lock above 2669 opening 2693, which was hit perfectly followed by ema5 lock above 2693, opening 2715, which was also hit today completing this target. We traded the move up all week from every dip, using our levels, banking clean safe pips. However, just today we stayed out, observing the movement, as did not want to chase the momentum unless we got a dip. BULLISH TARGET 2669 - DONE EMA5 CROSS AND LOCK ABOVE 2669 WILL OPEN THE FOLLOWING BULLISH TARGET 2693 - DONE EMA5 CROSS AND LOCK ABOVE 2693 WILL OPEN THE FOLLOWING BULLISH TARGET 2715 - DONE POTENTIALLY 2737 BEARISH TARGETS 2640 - DONE EMA5 CROSS AND LOCK BELOW 2640 WILL OPEN THE RETRACEMENT RANGE - NO LOCK RETRACEMENT RANGE 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE SWING RANGE 2584 - 2564 We will now come back Sunday with our updated 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 GoldViewFX
OANDA:XAUUSD
by Goldviewfx
11
Gold Analysis==>>Correction!!!Gold moved as I expected✅ in the previous post . In this post, I also use the Bollinger Bands Indicator , it seems that Gold reacts well to the lines of this indicator. So as long as Gold reacts to these lines, you can use this indicator . Gold is currently moving in the Resistance zone($2,686-$2,670) and managed to break the Uptrend line . According to the theory of Elliott waves, gold seems to have completed wave 5 . The Gold chart shows three Regular Divergences(-RDs) . One of the most reliable is the Regular Divergence(RD-) in Bollinger Bands Indicator ( Divergence sell signals mostly form at the end of an upward trend, where the price chart forms a peak above the Bollinger upper band and another peak after, below the upper band. ) I expect Gold to drop to at least $2,652 after breaking the Support line . 🔔Be sure to follow the updated ideas.🔔 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.
OANDA:XAUUSDShort
by pejman_zwin
11
The price of gold has reached an all-time high.Gold prices (XAU/USD) rose for the fourth straight day, surpassing $2,712 and reaching a new record high in Asian trading on Friday. Key factors include anticipated interest rate cuts from major central banks, tensions in the Middle East, and U.S. election uncertainties. Positive U.S. economic data on Thursday reinforced expectations for modest Fed rate cuts, boosting the dollar to its highest level since early August. Despite this, bullish sentiment around gold remains strong as prices trend upward this week. Personal opinion: The recent rise in gold prices is driven by geopolitical tensions and anticipated interest rate cuts, making it attractive for investors seeking a safe haven. It’s interesting to see how external events strongly influence the market. Gold seems well-positioned to continue attracting interest. Pay attention to the price range: Buy zone: 2690 - 2688 SL: 2683 Buy Scalp: 2702 - 2700 SL: 2695 Sell Zone: 2722 - 2724 SL: 2729
OANDA:XAUUSDLong
by Chana-Trading
1