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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 play between support 2030 Goldturn and resistance at 2036 Goldlturn for a test and break on either Goldturn to confirm the next range. We have resistance at 2036 for a immediate bullish target and 2030, as our bearish level target. We will see price range between these levels until one breaks and locks to confirm the next level. A bearish test to support at 2030 and a break and lock below this level will open the swing range. A cross and lock below the swing range will open the support structure. However, support above here and we are likely to see a test at 2036, 2044 and 2048 Goldturn. 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 2036 EMA5 CROSS AND LOCK ABOVE 2036 WILL OPEN THE FOLLOWING BULLISH TARGET 2044 2048 EMA5 CROSS AND LOCK ABOVE 2048 WILL OPEN THE FOLLOWING BULLISH TARGET 2055 BEARISH TARGETS 2030 EMA5 CROSS AND LOCK BELOW 2030 WILL OPEN THE SWING RANGE SWING RANGE 2016 - 2010 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 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 2033 but EMA5 is lagging behind. Although we have open target now at 2042, we will need to see ema5 cross and lock above 2033 to open the full range 2042 and 2052. We have support now at 2033 and our bearish retracement zone at 2022. We will need to see ema5 cross and lock below 2022 to open the swing range. However, support above the retracement range will likely provide the bounce to retest 2033 and 2042. 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 TARGET 2042 EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2042 2052 EMA5 CROSS AND LOCK ABOVE 2052 WILL OPEN THE FOLLOWING BULLISH TARGET 2065 POTENTIALLY 2080 BEARISH TARGETS 2033 2022 EMA5 CROSS AND LOCK BELOW 2022 WILL OPEN THE SWING RANGE SWING RANGE 1999 - 1992 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
2
GOLD DAILY CHART MID 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. 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
2
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 last week. 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. - THIS IS STILL IN PLAY AS PRICE REMAINS IN THE RANGE 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
2
GOLD (XAUUSD): Support & Resistance Levels For Next Week 🥇 Here is my latest structure analysis for Gold. Horizontal Structures: Resistance 1: 2054 - 2065 area Resistance 2: 2077 - 2088 area Resistance 3: 2142 - 2148 area Support 1: 1984 - 1992 area Support 2: 1965 - 1977 area Support 3: 1932 - 1938 area Vertical Structures: Vertical Resistance 1: Rising trend line Consider these structures for pullback/breakout trading next week. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
5
GOLD 4H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, This is the 4H chart idea we share Sunday, which has played out perfectly. We started the week with our bullish targets hit with ema5 cross and lock above 2011 opening and confirming 2022 and 2033. - Both of these targets were hit!!! Ema5 failed to cross and lock above 2033 confirming the rejection now into 2022, as support. We will need to see ema5 cross and lock below 2022 to re-open the retracement range below or failure to lock below 2022 will see support here for a re-test at 2033. 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 2022 - DONE EMA5 CROSS AND LOCK ABOVE 2011 WILL OPEN THE FOLLOWING BULLISH TARGET 2022 - DONE 2033 - DONE EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2052 POTENTIALLY 2065 BEARISH TARGETS 2011 - DONE 1999 1992 EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE SWING RANGE 1978 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
10
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Our 1H chart idea is truly respecting our levels alongside our updates throughout the week. After hitting 2021 and 2026 yesterday, we advised of the lock above 2026 leaving 2031 open with potentially 2037. - 2031 was hit perfectly!!! We also advised that we had 2026 and 2021, as correctional retracement support zones for a retest. - Both of these levels were hit. We will now look for support here or a break and lock below 2021 will open the range below to the next weighted level. 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 2016 - DONE EMA5 CROSS AND LOCK ABOVE 2016 WILL OPEN THE FOLLOWING BULLISH TARGET 2021 - DONE 2026 - DONE EMA5 CROSS AND LOCK ABOVE 2026 WILL OPEN THE FOLLOWING BULLISH TARGET 2031 - DONE POTENTIALLY 2037 BEARISH TARGETS 2010 - DONE 2004 - DONE EMA5 CROSS AND LOCK BELOW 2004 WILL OPEN THE SWING RANGE SWING RANGE 1996 - 1989 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
4
Xauusd Up Gold stabilizes near $2,030, eyes on FOMC Minutes Gold clings to marginal daily gains at around $2,030 on Wednesday after closing the first two days of the week in positive territory. The benchmark 10-year US Treasury bond yield edges lower ahead of FOMC Minutes, helping XAU/USD hold its ground. From a technical perspective, sustained strength and acceptance above the 50-day SMA will set the stage for an extension of the recent recovery from the $1,984 region, or a two-month low touched last week. Given that oscillators on the daily chart have been gaining positive traction, the Gold price might then accelerate the positive move towards an intermediate hurdle near the $2,044-2,045 region en route to the $2,065 supply zone. Gold now 2028 Target 2032 Target 2036 Target 2050 Target 2059 SL 2015 FOMC signal confirm
OANDA:XAUUSDShort
by JohnHarry_7
Xauusd sell confirm signal Gold price continues its winning spell for the fourth straight trading session. The precious metal attempts to deliver a decisive break above the 20 and 50-day Exponential Moving Averages (EMAs), which trade around $2,020. Gold price (XAU/USD) extends its bullish streak for the fourth straight trading session on The triangle could breakout in either direction, however, the odds marginally favor a move in the direction of the trend prior to the formation of the triangle – in this case up. A decisive break above or below the triangle boundary lines would indicate a breakout was underway Gold Price Forecast: Fed policy will remain key to the outlook for XAU/USD in the months ahead – ING Gold has been trading in a narrow range awaiting clues on the prospects for US interest rates. Economists at ING analyze the yellow metal’s outlook Xauusd sell confirm
OANDA:XAUUSDShort
by JohnHarry_7
XAUUSD: Channel Down making a Lower High. Bearish.Gold is on the third bullish 1D candle in a row. That is after the Channel Down made a LL on the 1D MA100 and formed the current bullish wave. The 1D MA50 has been rejecting every breakout attempt since February 7th and is the ideal LH level. Having turned neutral on the 1D technical outlook (RSI = 48.139, MACD = -7.100, ADX = 31.092), this is the ideal level to start selling again with a max tolerance level the top of the Channel Down. The sell signal will be confirmed after the 1D RSI crosses under the MA trendling again. We are bearish targeting the S1 level and 1D MA200 (TP = 1,975). 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:XAUUSDShort
by InvestingScope
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, We start the week with our chart idea playing out perfectly with both the immediate bearish and Bullish targets hit. The whipsaw candle action on market open took out the retracement targets and then headed up for the Bullish targets inline with our plans to buy dips The retracement target at 2004 had no cross and lock and therefore followed with the rejection and bounce into hitting 2016 our first target posted yesterday. We then had ema5 cross and lock above 2016 opening 2021 and 2026. We got the 2021 HIT perfectly and now only 2026 left. Although this remains open, it will be further confirmed if we see ema5 lock above 2021. 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 2016 - DONE EMA5 CROSS AND LOCK ABOVE 2016 WILL OPEN THE FOLLOWING BULLISH TARGET 2021 - DONE 2026 EMA5 CROSS AND LOCK ABOVE 2026 WILL OPEN THE FOLLOWING BULLISH TARGET 2031 2037 BEARISH TARGETS 2010 - DONE 2004 - DONE EMA5 CROSS AND LOCK BELOW 2004 WILL OPEN THE SWING RANGE SWING RANGE 1996 - 1989 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
3
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 play between support 2010 Goldturn and resistance at 2016 Goldlturn for a test and break on either Goldturn to confirm the next level. We have resistance at 2016 for a immediate bullish target and 2010, as our bearish level target. We will see price range between these levels until one breaks and locks to confirm the next level. A bearish test to support at 2010 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 test at 2016, 2021 and 2026 Goldturn. A cross and lock above 2026 will open the range 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 2016 EMA5 CROSS AND LOCK ABOVE 2016 WILL OPEN THE FOLLOWING BULLISH TARGET 2021 2026 EMA5 CROSS AND LOCK ABOVE 2026 WILL OPEN THE FOLLOWING BULLISH TARGET 2031 2037 BEARISH TARGETS 2010 2004 EMA5 CROSS AND LOCK BELOW 2004 WILL OPEN THE SWING RANGE SWING RANGE 1996 - 1989 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 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 2011 but EMA5 is lagging behind. Although we have open target now at 2022, we will need to see ema5 cross and lock above 2011 to open the full range 2022 and 2033. We have support now at 2011, and our bearish retracement zone at 1999 and 1992. We will need to see ema5 cross and lock below 1999 to open the swing range. However, support above the retracement range will likely provide the bounce to retest 2011. 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 2022 EMA5 CROSS AND LOCK ABOVE 2011 WILL OPEN THE FOLLOWING BULLISH TARGET 2022 2033 EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2052 POTENTIALLY 2065 BEARISH TARGETS 2011 1999 1992 EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE SWING RANGE 1978 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
GOLD DAILY CHART MID TERM PROJECTIONHey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting the channel 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 last week. EMA5 has not crossed below 1998, which is providing the support now for the bounce. 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. 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
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 last week. 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. 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
2
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, PIPTASTIC finish to the week completing our chart idea!!! Yesterday we stated that we had the break above 1999 opening 2007 and 2010. - Both these targets were hit with plenty of time to get in for the action, inline with our plans to buy dips. We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for the caning week. Please don't forget to like, comment and follow to support us, we really appreciate it! Have a great weekend with family and loved ones!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Once again our update chart idea played out perfectly. Yesterday we stated that 1988 Weighted level was providing support and we have 1999 for the immediate resistance target due for a retest. - This played out perfectly with the 1999 hit perfectly We then had the break above 1999 opening 2007 and 2010. - 2007 hit and 2010 now left open We will now look for price to play between 1999 support and 2010 resistance. As long as 1999 holds, we should see the 2010 test. A ema5 cross and lock below 1999 will re-open 1988 test. 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. 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 Mr Gold
OANDA:XAUUSD
by Goldviewfx
14
Best Technical Analysis Strategies for Trading Gold If you want to trade Gold, but you don't know what strategy to trade, I prepared for you the list of 4 simple and profitable gold trading strategies. Please, note that my list includes the indicator, swing, price action and smart money strategies, so you will certainly find the one that suites you. Also, all the strategies will be strictly structure based. It means that no matter which strategy you choose, you should start your analysis with identification of key levels on a daily time frame. Example of structure analysis on Gold. 1. Breakout trading on a daily time frame With that approach, we will be aiming to catch swing moves. Your bearish confirmation will be a bearish breakout - a daily candle close below a key support. A bearish continuation will be anticipated to the next closest daily support then. Your bullish signal will be a bullish breakout of a key daily resistance. Then you can buy aggressively or on a retest, expecting a bullish continuation to the next strong resistance. In the example above, bearish breakout of a key daily support was a strong bearish signal that triggered a massive selloff. This strategy is based only on a daily time frame analysis, the next 3 strategies will be more sophisticated and involve multiple time frames analysis. 2. Price action confirmation strategy With that approach, you should patiently wait for a test of one of the key structures that you spotted on a daily. After that, you should monitor the reaction of the price to that on 4h/1h time frames. Your signal to buy will be a formation of a bullish reversal price action pattern on a key support, while your bearish confirmation will be a bearish pattern on a key resistance. Once you spotted a confirmation, you can anticipate a bullish/bearish movement, at least to the closest 4h structure. In the example above, Gold tested a key daily support. The price formed a double bottom formation on that. Its neckline breakout was a strong bullish signal. A bullish movement initiated to the closest 4H resistance then. 3. Moving average confirmation strategy For that method, you will need 2 moving averages: simple MA with 9 length and exponential MA with 20 length. Once the market tests a key support, you should look for a crossover. A simple MA should be above the exponential MA. It will be your bullish signal. After a test of a key resistance, look for an opposite crossover. A simple MA should be below the exponential MA. It will give you a strong signal to sell. Here is how the MA crossover would help you to predict a bullish movement on Gold on an hourly time frame. 4. Smart money confirmation strategy With that approach, you should look for a break of key daily structure on 4h/1h time frames. After a violation of a key support, you should look for a bullish imbalance so that the price should return above the broken structure. That will be your signal to buy. After a violation of a key resistance, look for a bearish imbalance. The price should come back below a broken structure. It will be your signal to sell. After a test and a violation of a key daily resistance, Gold formed a bearish imbalance on a 4H time frame. It was a strong bearish signal. All these strategies are very efficient. However, they will work after you learn to correctly identify key structures. Let me know in a comment section which strategy do you prefer. ❤️Please, support my work with like, thank you!❤️
FXOPEN:XAUUSDEducation
by VasilyTrader
6
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, As promised yesterday, we have updated new Goldturn levels to accommodate the range below form yesterday breakout with updated retracement and swing range. 1988 Weighted level is providing support and we have 1999 for the immediate resistance target due for a retest. Both of these levels are weighted and we will need to see ema5 cross and lock on either level to open 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 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. 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 Mr Gold
OANDA:XAUUSD
by Goldviewfx
10