GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out, as analysed.
We started the day with our Bullish target hit at 2629 with no cross and lock above confirming the rejection.
We are now seeing price head towards the bearish gap below. We are looking for price to stay supported above this level to continue to use our smaller timeframes for entries to buy dips, unless we see a cross and lock below 2600, in which case the lower range will open up.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2629 - DONE
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2518 - 2486
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
Goldtradingstrategy
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community.
Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year.
So, what can we expect in the week ahead?
For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level.
We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs.
KOG’s bias for the week:
Bearish below 2660 with targets below 2610, 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Gold is Ready to PUMP Again!!!As expected, Gold ( OANDA:XAUUSD ) hit the Targets I identified last week and started falling again .
Gold is moving near the Heavy Support zone($2,605-$2,584) , Potential Reversal Zone(PRZ) , and Support lines .
According to Elliott's wave theory , Gold appears to form an Expanding Flat (ABC/3-3-5) .
I expect Gold to rise again from the Potential Reversal Zone(PRZ) .
⚠️Note: If Gold breaks the lower line of the ascending channel, it will likely lose the Heavy Support zone($2,605-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2647 and a gap below at 2618. 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 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2647
EMA5 CROSS AND LOCK ABOVE 2647 WILL OPEN THE FOLLOWING BULLISH TARGET
2668
EMA5 CROSS AND LOCK ABOVE 2668 WILL OPEN THE FOLLOWING BULLISH TARGET
2691
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2719
BEARISH TARGETS
2618
EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE FOLLOWING BEARISH TARGET
2595
EMA5 CROSS AND LOCK BELOW 2595 WILL OPEN THE SWING RANGE
SWING RANGE
2570 - 2551
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
Christmas gift: buy gold!Bros, gold has fallen back to around 2616 in the short term. Where will gold fall? In fact, from the perspective of the short-term structure, although gold has fallen back twice in the 2635 area and fell below 2620, for the overall structure, gold's performance today is not weak. As long as gold stays above 2612, gold still has the ability to continue to rebound.
So don’t be frightened by the short-term downward trend. The fall in gold is likely to give you an opportunity to go long in gold. Once gold tests the support again, gold is likely to continue its rebound and try to touch 2640 or even 2650.
Bros, this is my Christmas gift to you. Be brave and seize the opportunity to be long gold. Bros, are you going long on gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 play between two weighted levels with a gap above at 2629 and a gap below at 2600. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2629
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2518 - 2486
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
WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Another update on the weekly chart idea we have been tracking for over a month now and still playing out as analysed.
As stated already this chart allowed us to project the long term corrections and direction. We are using this chart to track our bullish targets until no ema5 lock to confirm rejections on the levels.
The channel top is continuing to provide support like we stated for the past few weeks, We had a test within the channel into 2590 axis inline with the retracement range, which gave the perfect reactional support bounce.
This is the beauty of our Gold channels, which we draw in our unique way, using averages rather than the price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
As long as we see no ema5 break and lock below into the channel, we cane safely continue with our plans to buy dips in this range within the boxes using the levels just like last weeks reactional bounce on the retracement axis level.
We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
After completing 2686 previously we were left with a candle body close break opening the gap above but had no cross and lock therefore confirming rejection for the move down.
We are now seeing price play in the retracement range and expect this range to provide support with the lowest in the range we can see 2560 and support above this level should provide bounces to chase targets above.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the 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 using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD: 23/12 Market Analysis and StrategyGold technical analysis
Daily resistance 2660, support below 2580
Four-hour resistance 2650, support below 2600
Gold operation suggestions: Last Friday, the overall technical side of gold ushered in a wide range of long and short shocks. After the continuous decline and plunge on Thursday, the previous day, breaking the 2600 mark, it rebounded slightly throughout the day on Friday. It ushered in an accelerated high breakthrough before and after the US market and stood above the 2610 mark to continue the bullish rebound. It closed near 2622 last Friday. Today, gold opened in the Asian session and was not strong. It began to fluctuate. Gold has not had a unilateral market for the time being.
From the 4-hour analysis, today's short-term support below is around 2627, focusing on the 2600 first-line support, and the upper pressure is around 2650-60. It is bullish above the 2627 daily level long-short watershed. Because Christmas is coming soon, gold can be bought on dips.
BUY:2627near
BUY:2622near
Technical analysis only provides trading direction!
Gold price trend analysisGold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and the price continued to run along the middle and lower tracks of the Bollinger Bands. The hourly chart Bollinger Bands opened downward, and the RSI indicator ran below the middle axis. Today's trading ideas remain unchanged, mainly rebounding high and high, and low-multiple short-term auxiliary.
Gold 1-hour moving average is still short-term divergent arrangement, without any signs of turning, and there is still room for gold to go down. Gold did not stand firm at 2600 to close, and continued to sell at highs below 2613 today!
First support: 2582, second support: 2572, third support: 2563
First resistance: 2605, second resistance: 2613, third resistance: 2628
Trading strategy:
BUY:2583-2585
SELL:2611-2613
12.23 Technical Analysis of Gold Short-term OperationsLast week, the gold market opened at 2650.3 at the beginning of the week, then rose slightly to 2664.7, then fluctuated and fell. The weekly line reached a low of 2582.6, then rose at the end of the trading day, and finally closed at 2622.8, and then the market closed in a hammer-like pattern with a long lower shadow. After this pattern ended, the weekly line was rubbed and consolidated. In terms of points, today's decline to 2610, stop loss at 2600, and the target is 2635 and 2640.
XAUUSD - what will happen before the Holiday season?Here is our view and update on XAUUSD . Potential opportunities and what to look out for before the Holiday season starts.
Let’s take a step back and take a look at XAUUSD from a bigger perspective. For this we are attaching the long-term overview on the pair.
We are still following the sell bias we have published.
XAUUSD is currently trading at around 2625 with lower volume than usual.
Scenario 1: SELLS from 2620
That would confirm our pullback to the upside and breaking below 2620 would give us an opportunity to drop back down to 2604 or 2600 flat. Next we would be targeting a very important KL (Key Level) 2590.
Scenario 2: BUYS from 2638
We broke above 2638 and are trading above it. We should see more upside potentially reaching new highs at around 2666 which was also an important KL (Key Level) before.
Personal opinion:
The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 2620 or a safe buy at the breaks of 2638. Be patient and stay tuned for updates on this pair. For now we are sticking to the sell bias from the long-term overview.
KEY NOTES
- XAUUSD breaking below 2620 would confirm sells down to 2604 - 2600.
- XAUUSD breaking above 2638 would confirm further buys up to 2666.
- Volume is lower as the business year is coming to an end and Holiday season is about to start.
Thank you everyone for your amazing support lately. We will continue to provide value to you. Happy Holidays!
Happy trading!
FxPocket
Gold Trend Analysis and StrategiesGold bottomed out and rebounded on Friday, forming a strong breakthrough to test the high point of 2631, and closed above the 2620 mark. The daily line ended the weak and volatile downward structure in the first half of last week. At present, the MA10 daily moving average is suppressed at the 2646 line, and the 5-day moving average is at the 2614 line. The price is running in the middle and lower track of the Bollinger band. The short-term four-hour moving average opened upward and re-stood on the middle track of the Bollinger band. After the intraday rhythm correction, go long at low prices and be bullish!
Gold was not strong after the opening of the Asian session. It is too early to say that gold has reversed now. Gold has begun to fluctuate. Gold has not had a unilateral market for the time being. Gold sells high and buys low at the beginning of the week.
Pay attention to the resistance of last Friday's high point 2632 on the top of gold. If it cannot break through, then gold will continue to be short under pressure at 2632 in the short term. If it breaks through 2632, gold will pay attention to the resistance near 2650. Pay attention to the support of the 2600 line on the bottom first. If gold does not break 2600, then gold can go long in the short term to see a rebound.
First support: 2612, second support: 2600, third support: 2587
First resistance: 2632, second resistance: 2646, third resistance: 2658
Trading strategy:
BUY: 2605-2608
SELL: 2632-2635
#GOLD UPDATE CHART READ INSTRECTIONIf the XAUUSD market rises and touches the level of 2621, it indicates a strong signal to enter a long position, anticipating further upward movement. Conversely, if the market drops and reaches the level of 2609, it serves as a confirmation to initiate a sell position, suggesting potential downward momentum.
XAU/USD "GOLD vs US Dollar" Metal Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 2540.00 or Before
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Gold entered into a bearish structureHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
according to 1hr time frame,
CAPITALCOM:GOLD
- **Sell Entry**: 2639
- **1st Target**: 2619 (Profit: 20 points)
- **2nd Target**: 2606 (Profit: 33 points from entry)
For better risk management, consider setting a **stop-loss** above a nearby resistance level (e.g., 2645 or 2650, depending on volatility).
GOLD WAS SUPPORTED LAST LATE 🥇 Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President Trump.
Gold broke above its recent high around 2626 to extend its rally to 2632 late last week, but failed to hold above this level and is now falling.
Summary of 12.21 Golden WeekendThis week, gold experienced continuous shrinkage, but we also followed the trend and finally won a great victory. Our members also successfully completed the goals set at the beginning of the week.
Finally, I wish you all a happy weekend. Let us continue to complete our profit plan next week.