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GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts today with our analysis playing out perfectly inline with our plans. After completing 2717 and 2737 bullish targets yesterday, we stated that we will now look for ema5 to lock above 2737 for a continuation into 2753. We got the lock confirmation giving us plenty of time to get in for the action and then BOOOOM!!! 2753 was hit completing this target. We now have a break above 2753 leaving 2768 open. However, we will not chase this from the top due to potential corrections and as always safer for us to buy from dips using our Goldturn support levels. 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 2717 - DONE EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET 2737 - DONE EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 - DONE EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET 2768 EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET 2786 BEARISH TARGETS 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET 2675 EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2661 - 2647 EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE SWING RANGE 2632 - 2618 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
22
GOLD ROUTE MAP UPDATEHey Everyone, Once again a PIPTASTIC day on the markets with our analysis playing out perfectly!! Clean calls, clean setups and clean finish!!! Yesterday after completing the bearish target, we stated that no lock below confirmed the rejection and bounce and that we were heading towards our Bullish target at 2717. - This played out perfectly with 2717 being hit during Tokyo session. We then got ema5 lock above 2717 opening 2737, which was also hit completing the target. We will now look for ema5 lock above 2737 for a continuation or failure to lock will follow with a rejection into lower Goldturns for support. 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 2717 - DONE EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET 2737 - DONE EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET 2768 EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET 2786 BEARISH TARGETS 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET 2675 EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2661 - 2647 EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE SWING RANGE 2632 - 2618 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
19
Gold Spot / U.S. Dollar 15. Chart AnalysisThe price has recently broken below a strong support level and is now trading below it. This bearish breakout suggests further downside potential. Key Observations: Strong Support Break: The price has decisively broken below a well-defined support level. This break often signals a shift in momentum and can lead to further price declines. Liquidity Sweep: A recent liquidity sweep occurred at the support level. This indicates a large order was filled at that level, potentially adding to the selling pressure. Trade Setup: Entry: Short sell at the market price near the current level. Stop-Loss: Place a stop-loss order above the recent swing high, above the broken support level, or at a level that aligns with your risk tolerance. Take-Profit: Set your tak profit at next Order Block
OANDA:XAUUSDShort
by XAUGoldMaster
Gann Astro Trading: Psychology & Patience in Intraday Gold TradeIn this trading idea, I will provide a detailed breakdown of the live trade I executed on Monday, January 12, 2024, on gold, using advanced mathematical modules of Gann Astro. This trade was entered precisely at the market low, as I had calculated the timing of the low formation three hours in advance. While the trade setup was accurate, it took over 7 hours for the price to reach the target. In this breakdown, I will explain the complete trade analysis with supporting data, charts, and visuals. Additionally, I will dive into the psychological aspects of holding a trade for an extended period, maintaining patience, and interpreting price action as a delivery algorithm. I'll also discuss observing liquidity buildup in real-time and the mindset required to stay composed while navigating market movements. Significant points of this Gann Astro trade are as below - Detailed breakdown of the live gold trade executed on Monday, January 12, 2024, using advanced Gann Astro mathematical modules. - Trade entry was made precisely at the market low, calculated 3 hours in advance. - Explanation of the trade setup with supporting data, charts, and visuals. - Insights into the psychology of holding trades for an extended period (this trade took over 7 hours to reach the target). - Understanding price action as a price delivery algorithm and observing liquidity buildup in real-time. - Discussion on maintaining patience and composure during prolonged trades. As shown in the charts, the reversal time for gold was calculated 3 hours in advance using Gann Astro Trading principles and mathematical modules. The reversal occurred at 8:00 AM New York time, as observed on the 90-minute chart, where I anticipated the price to form a low. Now, you might wonder why the 90-minute timeframe was chosen. This ties into the universal concept that everything vibrates at a specific frequency, including markets, aligning with the significance of 3-6-9, as extensively discussed by Gann. Knowing the exact reversal time eliminates uncertainty in trading, which directly enhances trading psychology. This clarity allows for patience and composure, avoiding impulsive actions. The ability to stay calm and wait for a setup to align with your analysis is an art mastered by only a few traders. Most traders operate out of FOMO (Fear of Missing Out), often taking uncertain trades that fall under the category of gambling. True success in trading lies in patience, discipline, and the ability to observe the charts without acting prematurely. These traits separate professional traders from the majority who struggle to maintain consistency. BUY ENTRY IN GOLD LONG TRADE WITH GANN ASTRO After waiting for 3 hours, the market reached my calculated time and price level, aligning perfectly. As Gann emphasized, when time and price are equal, the market must reverse. With this principle, I executed a trade on gold using Gann Astro techniques in intraday trading. This is where the true challenge of trading begins—not in entering the trade, but in maintaining patience until the price either hits your stop loss or your profit target. Many traders fail at this critical stage due to a lack of discipline and risk management, trading without stop loss or proper planning. To trade successfully, one must approach the market with precision, patience, and a sound strategy. Key Points: 1. Stop Loss is Essential: - Trading without a stop loss is equivalent to gambling with hard-earned money. - A solid risk management strategy is non-negotiable for long-term success. 2. Risk Management Rules: - Always limit risk to 1% of your account per trade. - Never over-leverage or expose yourself to unnecessary risk. 3. Learn to Stay Patient: - Patience is a core skill in trading—waiting for the market to hit your levels and then staying disciplined in the trade. - Avoid impulsive decisions driven by fear or greed. 4. Avoid Common Pitfalls: - Many traders lose their entire capital within weeks due to poor risk management and lack of preparation. - Focus on learning proper risk management before entering live markets. By incorporating these principles, you can significantly improve your chances of success and build a sustainable trading career. Patience in trading is a skill that requires not just discipline but also a deep understanding of how to manage emotions while observing the market's algorithmic price delivery in real-time. One of the most effective ways to stay focused is by minimizing the psychological triggers that impact your decision-making. Colours like red and green can strongly influence your mood and perspective during trading, which is why I switched to black-and-white candles when I started trading back in 2019. This change eliminates the emotional bias caused by colour psychology. Additionally, hiding your profit and loss figures while trading is another powerful way to stay emotionally neutral. Seeing how much you are making or losing can trigger fear of loss or overconfidence, which may lead to impulsive decisions. Removing these distractions helps you maintain clarity and focus during your trading session. Key Points: 1. Eliminate Colour Psychology: - Switch to black-and-white candles to avoid emotional biases caused by red and green colours. - This reduces the impact of visual triggers on your mood and decision-making. 2. Hide Profit and Loss Figures: - Turn off the display of your profit and loss numbers on the trading platform. - This prevents emotional reactions like fear of loss or overconfidence from influencing your trades. 3. Stay Focused on Price Action: - Concentrate solely on the market's price delivery without distractions. - Train yourself to analyse the market algorithm objectively without emotional interference. 4. Build a Calm Trading Environment: - Create a setup that minimizes external triggers and focuses on clear decision-making. - Practice mindfulness and emotional control to remain patient and disciplined. By implementing these steps, you can enhance your trading psychology and improve your ability to read the market with greater clarity and precision. Once you master the foundational skills of managing emotions and maintaining patience, the real challenge begins—understanding the price delivery algorithms and their underlying intentions. The market operates on an algorithmic framework, where price delivery is designed to build liquidity and then seek it. To identify this process, you need to observe where liquidity is being left in real-time, which is often around old highs and lows. These areas act as targets for the algorithm as it seeks to capture liquidity. In the chart, I have marked the live formation of liquidity in the market, illustrating how the algorithm builds and targets these zones. By understanding this process, you gain an edge in predicting the market's next moves. Keeping a detailed record of every trade, you take is crucial for long-term success in trading. Use software tools to record live trades and store the data systematically. This practice allows you to review your past performance, analyse what worked, and identify areas for improvement. Journaling is an essential habit in trading, as it not only tracks your progress but also accelerates your learning curve. The most successful traders consistently review their past trades, assess their strategies, and refine their approach to stay ahead in the game. It’s been 6 hours since I entered the trade. I was patient and have mastered the art of trading psychology. With Gann Trading astro techniques and years of trading experience backed by data, I’ve honed my mindset for consistent success. For new traders, here are 10 ways to improve your trading psychology: 1. Cultivate Emotional Discipline. Mastering trading psychology begins with controlling emotions like fear and greed. Recognize emotional triggers and respond with logic, not impulsivity. 2. Develop a Trading Plan. A well-structured trading plan helps eliminate emotional decision-making. Include entry, exit, and risk management strategies to stay disciplined. 3. Practice Risk Management. Never risk more than a small percentage of your capital on a single trade. Knowing your maximum loss tolerance minimizes stress and preserves mental clarity. 4. Keep a Trading Journal. Record every trade, including rationale, outcomes, and emotions. Regularly review the journal to identify patterns and areas for improvement. 5. Focus on Process Over Outcome. Prioritize consistent execution of your strategy rather than obsessing over profits. This shift in mindset builds confidence and long-term success. 6. Learn to Accept Losses. Losses are a natural part of trading. Accept them as learning experiences rather than personal failures to maintain a positive mindset. 7. Practice Visualization and Mental Rehearsal. Visualize different market scenarios and how you will respond. Mental rehearsal prepares you for stressful situations and improves decision-making. 8. Stay Patient and Avoid Overtrading. Wait for high-probability setups that align with your strategy. Overtrading often stems from impatience and leads to unnecessary mistakes. 9. Maintain a Balanced Lifestyle. Take care of your physical and mental health. Regular exercise, proper nutrition, and adequate rest are essential for maintaining focus and emotional stability. 10. Seek Continuous Education. Stay updated with market trends, refine your strategies, and learn from experienced traders. An informed trader is a confident and less emotionally reactive trader. Once you follow all these steps, the market rewards you with good trading profits. Just like in this chart, I entered at the low and exited at the top by practicing patience and executing trades only with a Gann astro and mathematical edge. This disciplined approach ensures consistent results and builds the foundation for long-term trading success. 1. Gann's Principle: Time is More Important than Price. Understanding the timing of market movements is crucial, as time often dictates the outcome of trades more than price levels. 2. Everything in the Universe Vibrates on Specific Frequencies. Market trends and patterns are influenced by universal vibrations, making it essential to align trading strategies with these natural cycles.
CAPITALCOM:GOLDEducation
by GannAstroTrader
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our analysis playing out once again in true level to level fashion. We got our Bearish target at 2696 hit with no cross and lock below this level and therefore confirming the rejection for the bounce. We now have 2717 gap left above and 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 2717 EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET 2737 EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET 2768 EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET 2786 BEARISH TARGETS 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET 2675 EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2661 - 2647 EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE SWING RANGE 2632 - 2618 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
THE KOG REPORT THE KOG REPORT In last week’s KOG Report we said we would like to see price attempt a brief test of the high, reject and give us the move down which was successful. We then wanted to exit any short trades and find the optimal spot to long back up sticking to the bias and the bias targets as well as the red box targets and Excalibur. Combined, we got the move up from the pivot red box and managed to complete all of our bullish targets ending the week with a phenomenal pip capture tracking this precious metal at nearly every turning point up and down. A fantastic week again in Camelot not only on Gold but the other pairs we analyse and trade as well. So, what can we expect in the week ahead? For this week again we’ll stick with the bullish bias for now. The key level resistance on open is the 2715-14 price point, if rejected we should see a continuation of the move downside into the lower support levels 2700, 2690 and below that the key level and bias level support 2680-5. It’s that lower level that needs to be monitored, as building a base there and upon a clean reversal we feel the opportunity to then long the market again back up into the 2725, 2730 and above that 2740-5 region initially is what we’ll be looking for. Our weekly red box worked well last week giving the rejection we wanted, and due to the failed break, we would like to see that level attempted again to monitor whether we close above or not. This is really important for gold as another fail can result in another major correction before attempting higher pricing. KOG’s bias of the week: Bullish above 2680-5 with targets above 2720, 2730, 2735 and above that 2745 Bearish on break of 2780 with targets below 2670 and below that 2766 RED BOX TRADERS: Break above 2704 for 2710, 2716, 2735 and 2733 in extension of the move Break below 2695 for 2788, 2682, 2680 and 2665 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
FX:XAUUSD
by KnightsofGold
32
XAU/USD 20 January 2025 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price printed as per my intraday expectation dated 17 January 2024 by printing a bearish CHoCH to indicate, but not confirm bearish pullback phase initiation. Internal range is now established as a result of the bearish CHoCH. Intraday Expectation: Price to trade down to either discount of internal 50% EQ or H4 demand zone to then target weak internal high priced at 2,724.785. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/Analysis remains the same as analysis dated 17 January 2025. You will also note how price attempted to target strong internal low but failed to close below. Price Action Analysis: Price has printed a further bullish iBOS. Within the sub-structure there is further bullish iBOS, however, price did not pullback deep enough to warrant a bullish iBOS. I will therefore apply my discretion, which may need a revisit. H4 TF has printed a bullish iBOS and it appears bearish pullback phase initiation is underway, however, we currently do not have any indication, or confirmation. Current internal low and H4 TF CHoCH positioning are the same, priced at 2,690.050, therefore, despite M15 internal range dynamics being bullish, it is highly likely price will print a bearish iBOS Intraday Expectation: Technically, price should show reaction at either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high priced at 2,724.785, however, the above mentioned scenario is also highly probable to assist H4 in it's bearish pullback phase. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
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 2717 and a gap below at 2696. 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 2717 EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET 2737 EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET 2768 EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET 2786 BEARISH TARGETS 2696 EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET 2675 EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2661 - 2647 EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE SWING RANGE 2632 - 2618 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
23
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 and price play between two weighted levels with a gap above at 2726 and a gap below at 2694. 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 2726 EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET 2785 BEARISH TARGETS 2694 EMA5 CROSS AND LOCK BELOW 2694 WILL OPEN THE FOLLOWING BEARISH TARGET 2665 EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE SWING RANGE 2600 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
10
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. Previously after ema5 cross and lock above 2629 opening 2686, we continued to buy dips all the way into 2686 completing this gap. We then stated that we now have a candle body close above 2686 opening 2760 but will need ema5 lock to further confirm this, only as a along range/term gap. - We now have ema5 lock to further confirm this gap 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
OANDA:XAUUSD
by Goldviewfx
12
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. Previously we stated that the channel top was continuing to provide support like we stated for the past few weeks. We also stated that, as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range. - This is continuing to play out perfectly. You can see although we had many breaks into the channel with candle over the last few weeks, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. This followed with the perfect bounce inline with our plans to buy dips and now heading towards our 2729 AXIS gap target above. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel. 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
OANDA:XAUUSD
by Goldviewfx
11
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great finish to the week with our analysis playing out perfectly. Yesterday we shared our update of the 1H chart idea with our targets all complete and today we follow up on our 4H chart idea. We got our Bullish target at 2694 complete, which followed with ema5 lock above 2694 opening the range above, all the way into 2726. We got a nice push up clearing over 300 pips and just a few pips short of 2726, which can be considered, as done. Smashing finish to the week!!! We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD IS GOING BULLISH ALLOW IT TO TOUCH LINE 2719.730✅Smart Money Concept Gold price (XAU/USD) reached a fresh one-month high during Thursday’s Asian session but struggled to sustain momentum above the $2,700 mark. Diminished worries over U.S. President-elect Donald Trump's proposed trade tariffs and the anticipation of two potential Federal Reserve rate cuts this year have fueled positive market sentiment. However, a slight uptick in the U.S. Dollar (USD) has constrained further gains for the safe-haven asset. SET UP GOLD PRICE: BUY GOLD zone: $2678.479 - $2673.696 SL $2668.682 TP1: $2684.471 TP2: $2690.235 TP3: $2696.253 SELL GOLD zone: $2719.730 - $2723.622 SL $2729.470 TP1: $2713.175 TP2: $2706.151 TP3: $2699.870 Note: FrankFx advises traders to manage their capital wisely: - Adjust the number of lots to match your capital. - Set Take Profit at 3-6% of your account balance. - Set Stop Loss at 2-3% of your account balance.
OANDA:XAUUSDLong
by FrankFx14
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, This is an update on our 1H CHART route map shared on Sunday. This chart has been playing gout perfectly. We started the week with the retracement range test followed with the bounce into our bullish target 2691. EMA5 cross and locked above 2691 opening 2706 and 2719. This was hit perfectly today completing this range. We are now looking for ema5 lock above 2719 to open the range above for a continuation or failure to lock above will follow with a rejection here. 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 2691 - DONE EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET 2706 - DONE POTENTIALLY 2719 - DONE EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET 2736 BEARISH TARGETS 2679 - DONE EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2668 (DONE) - 2654 EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE SWING RANGE 2640 - 2624 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