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GOLD ROUTE MAP UPDATEHey Everyone, Another solid day on the charts, with our analysis unfolding exactly as anticipated. As mentioned yesterday, after the cross and lock above 3318, we identified a gap at 3352 that remained unfilled, acting as a magnet for price action. Since then, price has been consolidating in a tight range between 3318 and 3352. Today, we saw a perfect move up, completing the target at 3352. From here, we’ll be watching for a confirmed cross and lock above 3352 for a continuation. If price fails to lock above, we could see rejections leading back into the lower Goldturns, where we’ll look for support and bounce. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3318 - DONE EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS 3352 - DONE EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET 3388 EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3281 EMA5 CROSS AND LOCK BELOW 3281 WILL OPEN THE FOLLOWING BEARISH TARGET 3254 EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE FOLLOWING BEARISH TARGET 3210 EMA5 CROSS AND LOCK BELOW 3210 WILL OPEN THE SWING RANGE 3179 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
16
XAUUSD: Neutral trade preparing a major breakout.Gold is neutral on its 1D technical outlook (RSI = 53.070, MACD = 17.020, ADX = 34.480) a direct consequence of the sideways trading between the 4H MA50 and 4H MA200. The price action has rebounded on the former LH trendline, validating that it has resumed the long term bullish trend. The pattern that has prevailed so far is a Channel Up, and the current consolidation is similar to its first bottom sequence. We are bullish, aiming again for the 1.236 Fibonacci extension (TP = 3,420). ## 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 ROUTE MAP UPDATEHey Everyone, Quick update following on from yesterday’s post. As expected, we got the push up after the EMA5 cross and lock above 3318, but price just fell short of our bullish target at 3352, leaving it open. This level now acts as a magnet, with price currently playing between 3318 and 3352, creating a tight range. We're watching closely for tests on both 3318 and 3352, with direction confirmed only by EMA5 cross and lock. The gap to 3352 still remains, so any bullish momentum should aim to fill this cleanly. Until one of these levels breaks with confirmation, we’ll likely continue seeing choppy movement in this range. We’ll keep using dips into support for intraday buys, targeting our usual 20–40 pip bounce trades as structure allows. Once again, thank you all for your ongoing support and engagement, we’ll continue to keep you updated throughout the week, as price unfolds and setups confirm. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
GOLD ROUTE MAP UPDATEHey Everyone, Great start tot he week with our chart idea playing out, as analysed. We started today with our bullish target at 3318 hit, followed with ema5 cross and lock opening 3352. Rejection here will see lower open Goldturns tested for support and bounce and further cross and locks will confirm a continuation. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3318 - DONE EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS 3352 EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET 3388 EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3281 EMA5 CROSS AND LOCK BELOW 3281 WILL OPEN THE FOLLOWING BEARISH TARGET 3254 EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE FOLLOWING BEARISH TARGET 3210 EMA5 CROSS AND LOCK BELOW 3210 WILL OPEN THE SWING RANGE 3179 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3318 and a gap below at 3281. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3318 EMA5 CROSS AND LOCK ABOVE 3318 WILL OPEN THE FOLLOWING BULLISH TARGETS 3352 EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGET 3388 EMA5 CROSS AND LOCK ABOVE 3388 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3281 EMA5 CROSS AND LOCK BELOW 3281 WILL OPEN THE FOLLOWING BEARISH TARGET 3254 EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE FOLLOWING BEARISH TARGET 3210 EMA5 CROSS AND LOCK BELOW 3210 WILL OPEN THE SWING RANGE 3179 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
15
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3376 and a gap below at 3302. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3376 EMA5 CROSS AND LOCK ABOVE 3376 WILL OPEN THE FOLLOWING BULLISH TARGETS 3438 EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET 3498 EMA5 CROSS AND LOCK ABOVE 3498 WILL OPEN THE FOLLOWING BULLISH TARGET 3551 BEARISH TARGETS 3302 EMA5 CROSS AND LOCK BELOW 3302 WILL OPEN THE FOLLOWING BEARISH TARGET 3235 EMA5 CROSS AND LOCK BELOW 3235 WILL OPEN THE SWING RANGE 3171 3113 EMA5 CROSS AND LOCK BELOW 3113 WILL OPEN THE SECONDARY SWING RANGE 3045 2987 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
7
GOLD DAILY CHART ROUTE MAPHey Everyone, Following up on our previous analysis, price action has continued to respect our Goldturn channel beautifully. After the strong move to 3272, we saw another push toward the channel top near 3433. However, just before completing the move, price was met with another sharp rejection, highlighting the strength of the range and the precision of our channel levels. The key takeaway here is that 3272 is still providing solid support, and the price remains well contained within our defined range between 3272 and 3433. This reaffirms our strategy of buying dips near the lower end of the range rather than chasing strength near the top. We remain focused on trading within this range, using our weighted Goldturns to guide entries on the lower timeframes (1H and 4H). As long as the structure holds, we’ll continue to target quick 30–40 pip intraday moves while positioning ourselves for a potential breakout scenario when the time is right. This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake outs and real breakouts, cutting out much of the noise that usually confuses traders. Keep an eye on how price behaves around 3272 and 3433. A clean break and close above the channel top would be significant but until then, range play remains our primary game plan. Let’s stay patient and disciplined. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Following up on last week’s chart update, we saw another perfect test of the channel top, right in line with our Goldturn Channel expectations. The new weekly candle completed the channel top challenge with precision, once again confirming the strength of our resistance levels. As anticipated, the rejection came in cleanly, followed by a correction into EMA5 detachment, which halted just short of the 3281 level, a crucial axis we've been tracking for multiple weeks. This level continues to act as firm support, holding price within an evolving range. We’re now seeing price action contained between 3281 and 3387, with potential for expansion higher as the ascending channel continues to rise. This expanding structure offers more room for strategic positioning, especially as price coils tighter within the upper band. The 3387 gap remains active and is an obvious magnet if momentum builds. As long as we stay above the half line and especially above 3281, we remain in buy the dip mode, favouring long setups off our intraday Goldturns for quick 20 40 pip scalps or swing entries when conditions align. Should we see a deeper pullback or close below 3281, we’ll reassess potential movement toward the lower channel boundary. Until then, the structure remains bullish within the channel. The Goldturn methodology continues to prove its worth, cutting through noise and keeping us aligned with the real structure of the market. Stay sharp, stay patient. MR GOLD GOLDVIEWFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD (XAUUSD): Important Supports & Resistances for Next Week Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line Horizontal Structures Horizontal Support 1: 3231 - 3286 area Horizontal Support 2: 3121 - 3177 area Horizontal Resistance 1: 3372 - 3404 area Horizontal Resistance 2: 3427 - 3423 area Horizontal Resistance 3: 3492 - 3500 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
13
GOLD ROUTE MAP UPDATEHey Everyone, A great finish to the week with our 1H chart idea finishing off with the rejection from 3389 with no further cross and lock above that level confirming the rejection. We continued to see a drop into the lower Goldturns with each level giving 20 to 40 pip bounces., We are now seeing 3334 Goldturn being tested. Lets see if we get the 20 to 40 pip reactional bounce before close of play. We’ll be back now on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! MR GOLD
OANDA:XAUUSD
by Goldviewfx
9
Today’s gold strategy: go long on support and short on pressure!Today, there is a high probability that the volatile bullish trend will continue. In terms of operation, we should seize the opportunity of short-term bullish. The key support level of the daily line is around 3350-3355. If it falls back to this level, you can arrange short-term bullish with a light position. If the market is strong and there is no obvious correction, you can enter the long position in advance at the 3370 line. Pay attention to the upper resistance level of 3400-3405. Once it breaks through effectively, wait for the opportunity to arrange short positions after the surge. In the volatile market, both long and short positions have opportunities. Don't chase the rise and sell the fall. Be sure to wait patiently for the right time to enter the market and strictly control the position. Gold operation suggestions: short gold rebounds around 3400-3405. Go long gold when it falls back to around 3350-3360. Go long at 3370 first if it is strong and does not pull back.
OANDA:XAUUSDLong
by TP_Daniel5
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, As anticipated, the market structure continues to respect our key levels and EMA5 dynamics to the letter. After the clean bounce from 3334 into 3359, price did indeed push back toward 3389 for the retest, just as outlined. Once again ema5 failed to cross and lock above 3389, confirming rejection again. It’s important to highlight that price did retest 3389 exactly as projected, completing the range once again. Crucially, no further EMA5 cross and lock above 3389 was seen, reconfirming the rejection and driving price back into the lower Goldturns, which we will now look for support and bounce off these levels. The structure continues to unfold with precision, showing once again how effective our level based framework is when paired with EMA5 confirmations. This setup keeps us well aligned with market momentum. As always, we remain focused and continue to buy dips using our support levels, capturing those 20 to 40 pip opportunities. As we’ve proven time and again, each level gives enough of a bounce for a quality entry and exit. We encourage everyone to backtest our levels, we’ve shared them weekly for the past 3 years , and the data speaks for itself. These levels continue to work brilliantly with both short/mid term trends and countertrends. BULLISH TARGET 3305 – ✅ DONE EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS 3334 – ✅ DONE 3359 – ✅ DONE 3389 – ✅ DONE (retested as forecasted) EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3271 EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET 3227 EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE 3185 3146 Stay sharp, manage risk, and trust the levels. We’ll continue providing updates as the structure develops further. Thank you again for all your likes, comments, and continued support. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
20
GOLD (XAUUSD): Strong Bullish Pattern Following my previous analysis, Gold in going up. Your next signal to buy will be a bullish breakout of a neckline of an ascending triangle pattern on a 4H time frame. A 4H candle close above 3392 will confirm a violation. Next resistances will be 3408 / 3428 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
Ascending triangle on gold: $3,280 or $3,560 next? Gold has climbed following softer-than-expected US economic data, which has strengthened speculation for at least two Federal Reserve rate cuts this year. ADP employment figures showed just 37K new jobs, well below the 111K forecast. President Donald Trump, posting on Truth Social, called on “too slow” Fed Chair Jerome Powell to cut rates immediately. The repeated tests of the $3,400 level suggest that selling pressure at this zone could be weakening. Lower interest rates tend to support gold prices, as the metal offers no yield. However, a daily close below the recent swing low of $3,280 would undermine the pattern.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ROUTE MAP UPDATEHey Everyone, Another powerful day in the markets with our chart idea unfolding exactly as anticipated. In yesterday’s update, we highlighted that all our targets 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, opening a clear gap to 3389, which was also hit perfectly. The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support, just as projected. We then had the bounce off the 3334 level, another clean reaction, just like we stated. Now today, after testing and bouncing from 3334 into 3359, price is now charging back toward 3389 for a potential retest, as that level remains open once again. The structure is playing out beautifully, we will stick to the plan, and manage risk wisely. We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3305 - DONE EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS 3334 - DONE EMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET 3359 - DONE EMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET 3389 - DONE EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3271 EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET 3227 EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE 3185 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
18
GOLD (XAU/USD) Analysis – Head & Shoulders & Target📌 Overview: Today’s GOLD market presented an excellent educational setup using the MMC (Market Maker Cycle) methodology. We identified a Head & Shoulder reversal pattern, volume contraction at a key zone, a Major Break of Structure (BOS), and finally, a clear shift in market structure leading to a strong bullish move. Let’s break it down step-by-step: 🧠 1. Head & Shoulders Pattern – The Early Reversal Signal The pattern started forming around May 26–28, a classic Head & Shoulders that signaled potential exhaustion of the downtrend: Left Shoulder: Price attempted to rise but failed to break previous highs. Head: Sellers pushed to form a deeper low, forming the head. Right Shoulder: Buyers entered again at the previous demand, creating a higher low than the head—indicating weakening bearish momentum. 🟦 The neckline was drawn across the swing highs. Once broken, it confirmed the reversal. 📍Significance: This pattern formed inside a strong SR Interchange Zone, where support turned resistance and vice versa—adding confluence. 🛠 2. Major Break of Structure (BOS) – Confirmation of Trend Shift After forming the right shoulder, price decisively broke above the neckline and previous highs—this was the Major Break of Structure (BOS). This is critical in MMC because: It signals the end of the accumulation or manipulation phase. It confirms that smart money has taken control and is pushing price in the new direction. BOS acts as an entry trigger for traders using structure-based strategies. 💥 A strong bullish candle closed above the BOS level, showing aggressive buying. 📉 3. Volume Contraction – Smart Money Behavior Between May 31 and June 2, we observed a tight consolidation at the previous resistance zone (now support). Volume was contracting, forming a compression zone—a common sign of liquidity buildup by institutional players. 🧠 Why is this important? Low volume ranges typically lead to high-volume breakouts. This is the “accumulation before expansion” phase. Smart money often accumulates orders here before a major move. When price broke out of this compression, it did so with high momentum—validating this theory. 🔄 4. Structure Shifting – New Bullish Market Cycle Following the BOS and breakout from volume contraction, price aggressively shifted its structure: Higher highs and higher lows started forming. Price invalidated bearish order blocks and respected bullish zones. A new bullish market cycle under MMC began unfolding. 🚀 Price is now headed toward the Next Reversal Zone (around $3,460–$3,470), where we expect significant reaction. 🔍 5. Key Levels Explained 🔵 SR Interchange (~$3,280): This acted as a strong base for the Head & Shoulder formation. A key demand zone if price retraces. 🟦 Volume Contraction Zone (~$3,330–$3,350): Launchpad for the bullish impulse. 🟥 Next Reversal Zone (~$3,460–$3,470): A likely profit-taking or short-term reversal zone. Watch for bearish setups or consolidation here. 🎯 Strategy Insights (Based on MMC) Entry Opportunity: After BOS + Retest of neckline or volume contraction zone. Risk Management: Stop loss just below the previous low or reversal zone. Target Zones: Next Reversal Zone or Fibonacci extensions depending on strategy. 📈 Conclusion This GOLD chart is a textbook example of how technical confluences create high-probability setups: ✅ Head & Shoulder at demand ✅ Break of structure confirms reversal ✅ Volume contraction signals smart money entry ✅ Bullish expansion shows structure shift 🔔 Final Thought: Watch closely how price reacts around the Next Reversal Zone. If bearish price action appears, it may provide a short-term reversal or retracement trade. Otherwise, a clean break above could signal the continuation of the bullish leg.
OANDA:XAUUSDLong
by GoldMasterTrades
The global market is volatile!Recently, the Trump administration's intermittent trade policies have exacerbated the volatility of the US dollar. Market concerns that escalating trade frictions may trigger a US recession have weakened the dollar's appeal as a safe-haven asset. Morgan Stanley strategists pointed out that the US dollar may continue to weaken in the next 12 months, as US interest rates and economic growth expectations are gradually converging with other major economies, further undermining the confidence of US dollar bulls. In June, the gold market fluctuated significantly. On the first trading day of June, spot gold rose nearly 3% in a single day, breaking through the high of $3,392 at one point, but fell back to around $3,350 in the Asian market the next day, a drop of about 0.48%. From a technical perspective, the 3,325 line has become a key support level - if it falls below this position, the bullish momentum may weaken; on the contrary, it is expected to resume its upward trend after stabilizing. The upper resistance is 3380-3398, and the lower short-term support is at 3325. Gold suggestion: retrace to 3335-3340 to arrange long orders, stop loss 3325, target 3378
FXOPEN:XAUUSDLong
by ShirleyMilne
XAUUSD: Bouncing off a former Resistance now turned Support.Gold is marginally bullish on its 1D technical outlook (RSI = 56.013, MACD = 32.440, ADX = 32.924) as it made a much needed pullback to test the former LH trendline. This is a Resistance turned Support trendline and as the 4H MA50 holds, we expect the breakout to extend to +7.39% from the bottom. TP = 3,485. ## 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 ROUTE MAP UPDATEHey Everyone, Another powerful day in the markets with our chart idea unfolding exactly as anticipated. In yesterday’s update, we highlighted that all our targets, 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, now left 3389 open. ✅ Today, that 3389 level was hit to perfection. The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support and bounce inline with our plans to buy dips. We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3305 - DONE EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS 3334 - DONE EMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET 3359 - DONE EMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET 3389 - DONE EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3271 EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET 3227 EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE 3185 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13