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Goldtradingsetup

GoldViewFX - RANGE MANAGEMENT SETUPHey All, We will post our usual analysis for the week on our weekly GoldView report shortly before market opens. This is a quick post using historical ranges using range HIGH and range LOWs to create support and resistance trading zones and the range of the potential swing in the trading zone. Its really important, as a trader to identify the potential reversal in order to manage the reversal on your equity and exposure without making rational cuts too early or hold a reversal, when the swing range is too big for your exposure. Every trade entered; 8 out of 10 times it reverses, we need to work this into our trading psychology in order to make room for this in our risk management and make sure the potential swing falls within our risk appetite. We have highlighted the zones to BUY and SELL with the central zone for take profit, which is inline with the ranges consolidation area allowing any swings and momentum based movement to come back to this range for consolidation, providing a safe zone to take exits before you find yourself trading against the range and outside of the SWING RANGE. If you find yourself trading against the range, it should only be within the swing range, which provides more confidence in coming back into direction then stretching out your equity, with no plan or a range management map. We hope you find the range management map useful for the current range and it helps you to see a clearer picture of what the price is doing. Remember nobody can tell you what the market will do or predict the movement 100%. The best anyone can do is use historical data to have a better idea and speculation of what the price may potentially do, based on what it did before and how it reacted to similar market dynamics before. Please don't forget to like, comment and follow to support us, we really appreciate the likes and it helps us to bring more content to you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
XAUUSD - KOG REPORT!In last weeks KOG Report we suggested we would stay bearish on the market as long as the price stayed below the 1824-7 price level but we would be trading with our 1833 KOG target in mind. We said we would be looking at another attempt on the lows and that 1812-08 region support could be an opportunity to then take the long to target the higher resistance levels. We suggested we would like to test the short trade from the resistance levels but due to the change in structure we updated during the week that we would be targeting higher levels instead. This bullish move also completed our 1833 KOG target which we had been looking at for the last few weeks in our KOG reports. So what can we expect in the week ahead? We’ll start by saying, yes, we’re still playing bearish on this only taking long trades into the resistance levels. Until we break and hold above that 1855-65 price region we will remain with this view. The benefit of level to level trading is you can target both long and short trades with your bias being on getting the right entry to hold for your direction, which in our case is short. We are however expecting more bullish movement on Gold this week potentially targeting that higher resistance level which we had stated and planned for on our post about “Trading the Range”. Please read this report is you haven’t already as we have updated it last week. We’re hoping for the price to use the lower support regions as a base to settle before a push up during the week into the higher resistance levels of 1845, 1855-60. We have a KOG target both above and below, so we’re hoping the higher on gets completed first and then the price declines to target the lower one. Our plan for the week: We will be looking for a potential test on the 1840-45 resistance level during the early sessions where we feel the price may face resistance. Depending on this level holding we may test the short trade but only into the immediate support levels below of 1835, 1830 and below that 1827. The 1827-24 price region is where we’re hoping the price will find support which if it holds, we want to test the long trade for that higher price level of 1845, 1850-55 and above that 1860. These higher resistance levels are where we will be waiting to take our positions for the short trades back down in to the lower support levels that start at 1810 and below. That higher region of resistance is the last opportunity for bears to hold their ground and we feel that is where they’re waiting for the bulls to take the price. Breaking above that higher level with change our stance on Gold and we will turn bullish on this. Until then we’ll be in and out level to level making the most of the range. We have FOMC this week so please trade carefully, unless this gets priced in which is very possible there is going to be a lot of choppy price action and aggressive swings in the markets this week. We will update you with our plans and analysis throughout the week as we have been. Wishing you a successful weeks trading ahead. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
14
GoldViewFX updated LEVELS and TARGETS$$We had a great start to the week and our analysis played out perfectly!! Price supported well at the bottom of this Goldturn channel and now heading towards the top end of the channel 1826 and above. There are some strong Goldturn resistance levels on the way up, however we will be observing how EMA5 crosses these levels to secure the next level. GOLDTURN RESISTANCE 1826 1833 1846 GOLDTURN SUPPORT 1820 1814 1805 1800 1795 1788 We are looking for some retracement down to 1805 and need this area to be supported, as the support levels are rising and helping price find support earlier, each time we climb up this Goldturn channel. Our followers will notice we draw our channels using Goldturns and not many do this. Its been very unique to us and the results speak for themselves. Please don't forget to like, comment and follow to support us. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
8
Simple analysis - Potential BIG tradeSometimes we need to make the chart as simple as possible to understand the market direction. I only use one minor trendline and one support line in this analysis. So far, the price has already breakout and closed below the "red" line, a pretty strong indication that the market potential will be falling deeper to retest the 1760s neckline. Tomorrow Fed Chair Powell will testify, and also we all waiting for the high-impact US data to give us more clues about the next direction of the gold price. Catalyst: - Fed Chair Powell Testifies - CPI - PPI - Sales data - Unemployment - Bonds auction Invalidation: - This analysis fails if the price breakout and close above the "red" line
OANDA:XAUUSDShort
by GoldCartel
2
Gold is still in an uptrend as long as above the $1760Gold's bullish mode is still in control as long as gold price holds above $1760, from the present rate near $1,793/1795, a vital resistance zone. The risk-off mood driven by the U.S.U.S. dollar retreat is aiding their bounce for gold prices. However, it would seem unlikely that we can expect further upside amid recent strength seen with Treasury yields and indices across Europe, but it needs to break above $1793/1795 first. In addition, optimism surrounding the new Omicron covid variant combined with China's latest support measures bode well financially and economically. Because it should spark growth even more so, which will lead us towards stability sooner rather than later. The latest U.S. Unit Labor Cost data will be a crucial indicator for gold this month. Of course, the covid updates and yield price action have been influencing its value recently, but now it's time to see what impact these events can make regarding labor costs as well. Technically still in uptrend though gold price broke below the long-term channel support last week, the U.S. negative labor market report helped gold bounce back above the trendline support. From the present rate, strong support identifies at the $1760 zone. Breaking below $1760, we may see another gold rally to the downside. Therefore, our 1st target to the downside is the $1725/1720 price zone, and the final target is the $1680/1685 price zone. On the other hand, breaking above $1793/1795 will open the door for the more strong uptrend. Usually, after mid of December, gold often rises till March. If gold price breaks above $1795, our 1st target to the upside is $1810/1815 price zone, next target $1830/1835 price zone, and final target $1870/1875 price zone. If you think this analysis will help you, let's like, comment and share.
TVC:GOLDLong
by Gold_Trading_Expert
4
GOLDVIEW BULL TARGETS OPENWe have drawn our support and resistance levels using our gold turns. We can see areas of support for retracements, which we will look to add to our longs and close and shorts. We are looking for these levels to be tested with EMA5 for further confirmation. We already have advanced signals confirming these moves from last week. We are now breaking down these levels and identifying areas of retracements for entries and exits. 1868 has been broken with our EMA5 and confirmed with candle body close confirming 1878. We keep saying this and we stick by it, a simple trading strategy applied consistently with some strong money and risk management is what you need to make consistent wins. DO NOT OVER COMPLICATE IT! Please do give us a like, comment and follow, to support our work. GoldView
OANDA:XAUUSDLong
by Goldviewfx
GOLD retest and bounce to the upside!! (AN UPDATE POST NFP NEWS)1. As expected in my previous analysis, we were expecting a clean BO to the upside. because what drives the market like this? that's right, major news like NFP does. 2. Previous higher time frame candles closed were very bullish. that gives us conviction to go long on this pair. 3. NFP news was bad for the USD 4. Price established a good support at 1807 area in the previous day. 5. I'd also like to point out on the previous day, price wasn't able to continue the momentum to the upside indicating that big guys were waiting for the news and it's typical for the gold to react this way a day before NFP. 6. With this, I'm expecting the price to drive higher past 1830 level.
FX:XAUUSDLong
by JuanCrlsTrades
10
GOLDAs we can see, price fell this past week because of an order block (which was signaled by the manipulation that occurred at around 1830). Price then brokedown and came back to retest the Order block zone, giving us confirmation and an opportunity to open a position. An order block has been formed again on the M15 and I'll be waiting for price to retest the Order Block zone (at least the 0.5) before going long to give me a RR of 1: 13... Im open to any movement though. I respond to price not predict it. *Disclaimer* This is not financial advice. Forex trading is very risky. Trade at your own risk. #Trade_Like_A_Magnate
OANDA:XAUUSDLong
by Magnatrio
3
XAUUSDAccording to Gold daily chart the bearish trend has been started a few days ago which has retraced about 23.6% of the bearish move. It is also dealing with its 20 moving average and if Gold could break this MA the Price would move down to 1848.33 which might be the first support . If Gold would break this support level the bearish trend continues and next Moving Average which is 200 will be another support level for it. According to the previous bearish trend which happened to Gold another support level for cold would be about 1764.60. . Therefore the Stop Loss in this Short position could be somewhere around the previous top which is about 1951.87 . Please share your ideas in the comments
FOREXCOM:XAUUSD
by Marjansadeghian
1
XAU LONG, TARGETS 1950-2000+, CUP AND HANDLE PATTERNHello, I wanted to do a technical analysis on gold from my point of view. After creating a double bottom at previous support and going up, now price sits at downtrend line. Formed the cup part of the chart pattern, now from here we can see a small pullback to 1850 area (this is where I would buy gold or long it as can seen on my chart) to form handle part, and start a bullish rally upwards, to first strong resistance at 1950 (which is also the handle length target). According to cup and handle pattern, then it should reach to 2000 afterwards. TA is very bullish, and fundementally gold prices are expected to go up too, in my opinion. Good luck, follow me for more setups and cheers.
FOREXCOM:XAUUSDLong
by baris3
XAUUSD (GOLD) BUY from key level hello friends as u can see our previous entry on gold from 1680 area and we are still holding those entries with revised @SL for long term Gold has closed on Friday above 1720 levels which had already achieved our TP1 on previous analysis now gold best buying entry levels are near 1700- 1710 this will be a safe buy for those who had missed entry from 1680 Friends we love and appreciate ur support to the channel Push like and comments Follow us for more updates
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
1
XAUUSD SHORT OPPORTUNITYLeave a like to support the idea and follow us for more free signals analysis #gold #goldsignal #forex #forextrader #trading #forextrading #money #forexsignals #trader #forexlifestyle #investment #entrepreneur #investing #binaryoptions #fx #invest #forexmarket #forexlife #stock #success #investor #daytrader #stockmarket #forexsignal #bhfyp #trade #wallstreet #daytrading #financialfreedom #forexprofit #finance #motivation #millionaire #wealth #forexeducation #gold #forextrade #makemoney #profit #luxury #eurusd #forexanalysis #technicalanalysis #forexmentor #cash #pips #makemoneyonline #broker #lifestyle #forexsignals #forexprofit #forexmoney #forexsignalservice #money #trader #tradingforex #forextraining #investing ##goldtrading #forex #trading #forextrader #gold #forextrading #tradinggold #tradingforex #tradingemas #trader #xauusd #forexsignals #investasi #investasiemas #traderindonesia #broker #forexlifestyle #belajartrading #gkinvestindonesia #goldtrade #forexsignal #goldtrader #xauusdgold #goldsignals #profittrading #tradingsaham #xauusdtrader #forextrade #xauusdsignal #bhfyp
OANDA:XAUUSDShort
by FREEPIPSVIP