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GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Following on from yesterday, as suggested we are seeing price play within the range 2178 Goldturn resistance and 2157 Goldturn support. Yesterday we stated that EMA5 failed to lock below 2157 retracement level, which followed with the bounce into 2166 and leaving target 2178 open. This was hit perfectly and then once again ema5 failed to lock above 2178 confirming the rejection back down to 2157. Once again no lock below 2157 confirmed another bounce up now heading towards 2166 as next resistance. We are now likely to see price range sideways between this structure until one locks opening the next set of 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 2184 - DONE EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 - DONE 2166 - DONE 2157 - DONE EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 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
OANDA:XAUUSD
by Goldviewfx
17
Navigating the Euro: Insights into Europe's Currency The euro, a symbol of European unity and economic strength, stands as one of the world's most widely used currencies. Amidst global economic fluctuations, the euro remains a cornerstone of stability within the Eurozone, fostering trade and investment across borders. As the second most traded currency in the world, the euro's influence extends beyond Europe, shaping international financial markets and policies. Despite challenges such as political uncertainties and diverging economic performances among member states, the euro continues to showcase resilience and adaptability. In an ever-changing financial landscape, understanding the dynamics of the euro is essential for investors and policymakers alike, as it plays a pivotal role in shaping the future of the global economy.
by LiLy_Happy
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Once again our chart idea played out level to level once again! We had the 2184 target hit yesterday but ema5 failed to cross above and therefore as stated we got the drop into the highlighted retracement range followed with the perfect bounce into into 2178 , as already market up on the chart with arrows from Sunday. We have also updated our weighted level from 2166 to 2157, as it falls within the retracement range for a cross and lock to open swing range. Price has now found support at the retracement range for the bounce. Although we remain bullish and will continue to buy dips from support levels, we will need to now extend our range keeping in mind the potential opening of the swing range should 2157 lock. 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 2184 - DONE EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 - DONE 2166 - DONE 2157 - DONE EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 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
OANDA:XAUUSD
by Goldviewfx
17
Gold to set record high after CPI tomorrow? Gold inched higher on Monday, hovering near its all-time high after a remarkable rally last week. Now traders brace for U.S. inflation data that could offer insights into the Federal Reserve's stance on interest rates, and the direction for gold. Spot gold is currently trading around $2,181.47 per ounce, following a record peak of $2,194.99 on Friday, propelled by U.S. NFP market data that fueled expectations of a rate cut. Traders are currently factoring in a roughly 70% chance of an interest rate cut by June. The forthcoming inflation data holds significant weight, with the potential to sway the gold market's direction. Expectations are for annual inflation to remain unchanged from the previous month’s 3.1%. If the data comes in hotter than last month's report, it could pose challenges for the gold market and potentially lead to some near-term selling pressure. Conversely, softer data might propel gold to new highs in the short term. It's worth noting that the RSI indicates the gold market is currently extremely overbought.
BLACKBULL:XAUUSD
by BlackBull_Markets
gold buy confirm signal 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 price shot to a fresh record high on Friday after the US jobs report showed a spike in the unemployment rate and bolstered expectations that the Fed will start cutting rates in June. The momentum, however, stalled ahead of the $2,200 round-figure mark amid a late US Dollar bounce. GOLD NOW BUY 2180 TP1 2185 TP2 2190 TP3 2200 SL 2160
OANDA:XAUUSDShort
by Mark804
GOLD 1H 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 break into the new range and playing between two structures 2184 resistance and support at 2166 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range We have a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price head towards the retracement range for a test. A retracement test to support at 2166 and a break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2137 will open the structure support. However, support above here and we are likely to see a re-test of the levels above 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 2184 EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 2166 EMA5 CROSS AND LOCK BELOW 2166 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 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
OANDA:XAUUSD
by Goldviewfx
18
GOLD 4H 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 break into the new range and testing resistance structure at 2171. We now also have a resistance target open to 2190. We are looking for a re-test and break and lock above 2190 Goldturn resistance to confirm the range above or a failure to break and lock above 2190 Goldlturn resistance will see price head towards the retracement range at 2151. A break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2101 will open the structure support. However, support above here and we are likely to see a re-test of the levels above 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 2190 EMA5 CROSS AND LOCK ABOVE 2190 WILL OPEN THE FOLLOWING BULLISH TARGETS 2206 2223 BEARISH RETRACEMENT TARGETS 2171 2151 EMA5 CROSS AND LOCK BELOW 2151 WILL OPEN THE SWING RANGE SWING RANGE 2125- 2101 EMA5 CROSS AND LOCK BELOW 2101 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2065- 2052 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
FXOPEN:XAUUSD
by Goldviewfx
9
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. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into the channel bottom. - This played out perfectly with No ema5 cross above 2043 confirming a new Goldlturn below for the rejection into the channel bottom. We then stated that we are seeing price at support for a bounce or we will need to see ema5 cross below the channel bottom to open 1998 Goldturn test - This played out perfectly with the ema5 cross and lock below the channel bottom opening 1998, which was hit 2 weeks ago. EMA5 did not cross below 1998, which provided the support for the bounce. We then stated that if this support holds, we are likely to see a test at 2043 to re - enter the channel dynamics. Failure to test and break the channel again will likely see another dip down keeping in mind we have ma200 sitting below for a long range dynamic support. - This is now playing out, as last week we saw the 1998 level hold for the bounce like we suggested and now heading towards the 2043 longer range target identified 1 week ago. - This played out perfectly last week with 2043 hit followed with our 2089 axis target to perfection!!!. We will now need to see ema5 lock inside the channel above to confirm a continuation in the new range above or a possible correctional retracement at 2043 for support before we see further challenges and tests above. CURRENT UPDATE We saw ema5 lock inside the channel and level to level all the way into the channel top completing the channel with a perfect finish respecting the channel top to perfection. We are now 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 extent the channel range to 2205 and 2237 long term. 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
OANDA:XAUUSD
by Goldviewfx
4
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. LAST WEEKS 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. 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
FOREXCOM:XAUUSD
by Goldviewfx
10
GOLD BUY 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 2173 TP1 2177 TP2 2181 TP3 2200 SL 2163
OANDA:XAUUSDShort
by Mark804
Gold: Risks after hitting all-time high?Gold: Risks after hitting all-time high? Gold prices have been on the rise for the last six sessions, gradually approaching the December high of $2149.00. This recent uptick followed Federal Reserve Chair Jerome Powell's reaffirmation that he thinks it would be sensible to consider reducing the Fed funds rate at some point this year, with the condition that there is increased confidence in inflation steadily reaching the 2% target. Looking at the daily chart, gold currently sits comfortably above its main support, the 20-day moving average at $2041.00, making it susceptible to a potential reversal. Alos, Gold might be prone to downward pressure once the Euphoria from Jerome Powell's recent testimony fades, and the market realizes that the Fed is not actually in any hurry to lower interest rates. Now, Spot gold is priced at $2,150.00 per troy ounce, hitting a new record high. Extremely overbought conditions have become more obvious. Economists at ANZ Bank suggest that the primary driver behind the surge in gold prices is the Fed's shift from a tightening to an easing monetary cycle. They also anticipate that elevated geopolitical risks and central bank buying will contribute to pushing the gold price to $2,200 by the end of the year. Interestingly, palladium has crossed the $1,000-an-ounce mark, recording gains of over 10%.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD: Overbought and in need of a correction.Gold is vastly overbought on the 1D timeframe (RSI = 80.321, MACD = 21.500, ADX = 21.500) with the recent rally hitting the top of the HH trendline of candle bodies of the four month Channel Up. The 4H RSI is displaying a massively overbought sideways structure which since October has marked market tops. The corrections that followed these three peaks ranged from -4% to -5.60%. Consequently our bearish target is a minimum of -4.00% decline on the 4H MA200 (TP = 2,070). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDShort
by InvestingScope
2
Xauusd confirm buy signal Gold trades in positive territory at around $2,140 and stays within a touching distance of a new record high. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day below 4.2%, allowing XAU/USD to preserve its bullish momentum. Gold price falls gradually after failing to test the all-time high near $2,145. The yellow metal trades inside Tuesday’s trading range. The near-term appeal for Gold remains bullish as it has delivered a breakout of the Symmetrical Triangle pattern formed on a daily time frame. The breakout of the aforementioned chart pattern exhibits a volatility expansion, which leads to wider ticks on the upside and heavy volume. 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 Price: Current Pricing, Prices Chart & Rate Graph Gold now buy 2140 Target 2145 Target 2150 Target 2160 SL 2126
OANDA:XAUUSDShort
by JohnHarry_7
1
GOLD COULD PUSH THROUGH 2130This morning I woke up with GOLD sell signal running from yesterday but today is a different and I chose to give out a bullish signal, this made me feel very content and confident, i felt like that thought was a magic. Some of my trade ideas reach over 300 people and I gives me so much joy, my dream is giving value and thats all this is all about, I enjoy been a consistent trader checking the charts daily and making sense of my day by just doing something with the chart. Those of you following me on this journey I appreciate you, something in me died for this new me to be born and thank GOD to y'all hanging in there and taking my trades. Everyone swing and misses from time to time, its part of life, today I am continue my swing trade on GOLD but with a new entry, I will let y'all guess my target..
OANDA:XAUUSDLong
by stuckinprofit
GOLD BUY CONFIRM Gold News: Read the Latest Analysis on XAU/USDGold 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 pressures record highs in the $2,140 regionGold staged a technical correction after coming within a touching distance of a new record high above $2,040. Falling US Treasury bond yields and the modest selling pressure surrounding the USD, however, allows XAU/USD to cling to strong daily gains above $2,030. CONFIRM SIGNAL GOLD NOW BUY 2128 TP1 2140 TP2 215O SL2115
OANDA:XAUUSDShort
by Mark804
2
GOLD 1H ROUTE MAP & TRADING PLAN WITH UPDATED LEVELSHey Everyone, Please see our updated 1h chart levels and targets after smashing all the targets for this week already. We are seeing price break into the new range and playing between 2125 resistance and support at 2116 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range A bearish test to support at 2116 and a break and lock below this level will open the retracement range. A cross and lock below the retracement range will open the swing range. However, support above here and we are likely to see a re-test at the new open levels above. 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 2125 EMA5 CROSS AND LOCK ABOVE 2125 WILL OPEN THE FOLLOWING BULLISH TARGETS 2133 2143 BEARISH TARGETS 2116 EMA5 CROSS AND LOCK BELOW 2116 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2102 EMA5 CROSS AND LOCK BELOW 2102 WILL OPEN THE SWING RANGE SWING RANGE 2079 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
OANDA:XAUUSD
by Goldviewfx
16