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Goldtradingstrategy

GOLD ROUTE MAP UPDATEHey Everyone, What a PIPTASTIC finish to the week! 🚀. We tracked the move down with precision durung the week and then rode the momentum right back up. Yesterday, we confirmed the swing range activation and bounce, and that bullish follow through carried beautifully into today, completing our Bullish Target at 3348. Just perfect execution all around. BULLISH TARGET 3348 - DONE BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 - DONE We will now come back Sunday with a full multi timeframe analysis to prepare for next week’s setups, including updated views on the higher timeframes, EMA alignments, and structure expectations going forward. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
3
THE KOG REPORT - NFPTHE KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. Following on from the FOMC KOG Report which worked quite well, we’ll stick with the same chart and for today suggest caution. It’s the first day of the month and the last day of the weekly candle. The close here for gold is important and will give us further clues to the next few months. We’ve shared the red boxes and the red box targets are below. There is a key level above 3306-10 which will need to be breached to correct the move back up to the 3330-34 region for the weekly close. However, we now have an undercut low which is potential if there is more aggressive downside to come and that level is sitting around the 3240-50 region which for us may represent an opportunity for a swing low. We’re a bit low and stretched here to short and as we’ve already hit our target for the day so we’ll wait for the extreme levels and if hit and our indicators line up, we may take some scalps. Otherwise, as usual on these events, the ideal trade will come next week. RED BOXES: Break above 3290 for 3295, 3306, 3310 and 3320 in extension of the move Break below 3275 for 3267, 3260, 3255 and 3250 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
7
GOLD ROUTE MAP UPDATEHey Everyone, Quick follow up on our 1H chart route map: What can I say.....pure perfection on our chart analysis as everything played out exactly as expected. Yesterday, we identified the first level of the swing range at 3289, which delivered a clean full swing into 3305. Today, we hit Level 2 of the swing range at 3267, and once again, it played out flawlessly with another full swing up to 3305. A perfect finish to the day. Great work all around! We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267 again. 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 - DONE 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
The trend is clear, why do I choose to be firmly bullish on goldGold Trend Analysis: Yesterday, the gold market demonstrated strong upward momentum, opening near 3290 before falling slightly to a low of 3281 before fluctuating upward. Boosted by the non-farm payroll data, the gold market surged during the US trading session, reaching a single-day gain of 2.02%, reaching a high of 3363 and closing there. The daily chart formed a long bullish candlestick with a long lower shadow, forming a Morning Star pattern, reinforcing the bullish trend. From the perspective of the cycle structure, the daily level is clearly in the 5-wave upward stage, and the upward trend of the large cycle has not changed. At the indicator level, the daily MACD momentum column (the column below the zero axis) represents the short-selling momentum. Its "gradual shortening" means that the short-selling force is weakening and the downward momentum is gradually fading. It is a potential signal of stopping the decline or rebounding. KDJ is about to form a golden cross between 20-50, which is a signal that short-term bullish power is beginning to increase, and the overall trend is bullish. The 4-hour level shows typical bullish characteristics: the moving average system is arranged in a bullish pattern, but there is a certain deviation between the short-term price and the moving average. The technical side needs to correct the deviation rate through a callback before continuing to rise. The short-term support below is focused on the line near 3330-3335. This position is both the relay support level in the previous rise and the intersection of the 4-hour moving averages MA10 and MA20, which has strong support strength; the short-term resistance above is focused on the line near 3370-3383. This area is a pressure-intensive area near the previous high point. If it can be effectively broken through, it will further open up upward space. A successful breakout would open up further upside potential. A breakout would further open up the 3400 mark. For gold trading, the short-term strategy is to buy on dips. If the price pulls back to the 3330-3335 support level, consider entering a long position with a target of 3355-3365. If it reaches 3370-3380, consider a short-term short position with a target of 3350-3340.
OANDA:XAUUSDLong
by Trade-Daniel
1
GOLD ROUTE MAP UPDATEHey Everyone, Quick follow up on our 1H chart route map: We had the break below 3305 Goldturn, opening and hitting the 1st level of the swing range at 3289, which did exactly what it says on the tin and gave us the perfect swing bounce into 3305. We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267. Ema5 cross and lock will confirm this. From here, we’re watching for: Support to hold above the swing range, followed by a clean break above 3305, which would suggest upward continuation. Alternatively, if we retest and break below 3289, that opens the path toward the second level of the swing range at 3267. 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 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
GOLD ROUTE MAP UPDATEHey Everyone, Following yesterday’s move into the 3305 retracement range, we got the expected reaction without an EMA5 lock, which further confirmed the rejection from that level and led to a clean bounce into 3228 just like we analysed. From here, we anticipate price to range between 3328 and 3305. EMA5 cross and lock above 3328 or below 3305 will be key to confirming the next directional move. We’ll continue to monitor for that confirmation and adjust accordingly. 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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 ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart route map. Gold continued its bearish momentum into today, hitting our bearish target at 3238, while leaving the 3348 bullish gap still open. After a break below 3328, price followed through and hit 3305, entering our key retracement range, which gave the bounce to manage any premature positions on the top. We’re now watching closely for a reaction at this level. A clean EMA5 cross and lock below 3305 will open the path toward the swing range. However, failure to lock below this level could trigger a bounce from here. This is a pivotal area for the next directional move. 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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
After continuous decline, oversold rebound opportunity.Last week, gold showed a trend of rising and falling. The weekly line closed with an inverted hammer and a long upper shadow, continuing the cross-line pattern of the previous week. The short-term rise was obviously blocked. Although the trend line connecting the daily lows of 3247-3282-3309 has been substantially broken, it may continue to fall after testing and sorting. In the short term, we need to focus on the 3348 suppression level and the 3324 support level. If they fall below, they may fall to the 3300/3285 support area. From the current trend, the overall bearish and lack of rebound momentum, the weak pattern may continue, and only when the price falls to a specific position to complete the bottoming will it attract entry. Therefore, it is recommended to maintain a bearish mindset. The hourly line shows that the long and short conversions are relatively frequent. The upward trend channel was maintained in the first three days, but all gains were given up in the next two days and the downward channel was rebuilt. Given that both the 4-hour and daily lines have fallen below the key support level, 3348 has become the key point for today's bearishness, and it is necessary to change the mindset in time and go short.
FOREXCOM:XAUUSDLong
by JoyLouise53
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 3348 and a gap below at 3328 . 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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
17
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 3354 and a gap below at 3297. 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 3354 EMA5 CROSS AND LOCK ABOVE 3354 WILL OPEN THE FOLLOWING BULLISH TARGETS 3424 EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET 3561 BEARISH TARGETS 3297 EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE 3236 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 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, Daily Chart Update – Bounce + Rejection: Structure Still Dominates Just a quick follow up on our range structure, we got exactly what we were anticipating. Price gave us the perfect bounce off 3272, launching into 3433 for THE test of resistance. That move delivered another clean 160+ pip rotation, once again showing how laser accurate the structure has been. As expected, 3433 held as resistance, and the lack of a break and hold above confirms another clean rejection. The range between 3272 support and 3433 resistance remains firmly in play, and structure continues to govern price action to the pip. Here’s where we are now: 🔹 Range Still Active Price continues to rotate inside our 3272–3433 box. Until we see a clean break and close beyond either boundary, we’ll keep playing the range. 🔹 No Breakout = No Change The failure to break and lock above 3433 confirms rejection. We’re still looking for EMA5 lock for potential breakout confirmation, until then, range trades rule. 🔹 Precision Holds Both 3272 and 3433 have now been tested and held perfectly. The respect these levels continue to show reaffirms their importance in our roadmap. Updated Key Levels 📉 Support – 3272 Continues to act as a major pivot. Valid long entries remain on dips into this zone, unless a breakdown occurs. 📈 Resistance – 3433 Now officially tested and confirmed. Watching closely for any future breakout attempts or another rotation lower. Thanks again for all the amazing support. Sticking to the plan, trading the structure, and staying disciplined. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Weekly Chart Update – 3387 Tested, Channel Top Rejected Quick follow up on our Weekly Chart roadmap – price continues to respect the structure with precision. As anticipated, we got the test of 3387, completing the short term magnet move we've been tracking. That level aligned perfectly with the channel top, and true to form, we saw a clean rejection right on cue just short of the full channel top leaving that open. Importantly, there was no close or lock above that zone, reaffirming it as valid resistance for now. As a result, the range remains active, with price still oscillating between 3281 support and 3387 resistance. Key structural notes: 🔹 Structure remains intact No weekly close above 3387, no breakdown below 3281. The rising channel is still fully respected, and EMA5 has yet to turn bearish. 🔹 3281 Holding Strong This level continues to act as a key weekly pivot. As long as it holds, we maintain a constructive outlook within the current range. 🔹 3387 Tested + Rejected First test gave us the expected reaction. Until we see a confirmed close above, it remains the top of the current range. Updated Levels to Watch: 📉 Support – 3281 Weekly pivot and current range low. Still our key area for dip buys within this structure. 📈 Resistance – 3387 Now tested and confirmed. No break or lock above = valid rejection level. 📈 Resistance 2 – 3482 Unfilled weekly gap. Still the broader target, but we need a proper breakout above 3387 first. Plan: We continue to treat 3281–3387 as the active weekly range. If 3281 fails, we reassess at the midline of the channel. If 3387 breaks and holds, we shift focus toward 3482. Thanks again for all the incredible engagement and support, it means a lot to us here at GoldViewFX. Stay focused, stay disciplined. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
16
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for a price to attempt the higher level red box sitting around the 3370-75 region and if not breached, we felt an opportunity to short would be available from that region. We said if that failed and the move commenced, we would be looking at a complete correction of the move back down into the 3330-35 region, where we would then monitor price again in anticipation of a long from there or the extension level of 3310 which was also a red box short target (move complete). As you can see from the above, not only did we get that higher red box, we rejected, completed the move downside and then our traders managed to get that long trade all the way back up into the Excalibur target, red box targets and the hotspots shared in Camelot. A decent week again, not only on Gold but also the numerous other pairs we trade, share targets on and analyse. So, what can we expect in the week ahead? For this week we can expect more ranging price action, but due to the previous range from last week being so tight, it looks like we’ll see a breakout coming in the latter part of the week unless there is news to bring us unexpected volume. We have the key level below 3335-40 support and above that resistance and a red box sitting at 3375-80. This is the region that needs to watched for the break, and if broken we should hit the range high again at 3400-10. However, if rejected, we could again see this dip to attack that lower order region 3310-6 before attempting to recover. Last week we wanted to see that curveball and although we did see some aggressive price action, I think we will see something extreme for this week. It’s that lower level 3310-6 that is a key region for bulls, if broken we can see a complete flush in gold taking us down into the 3250’s before we start the summer run. That for us would be the ideal scenario going into the month end, but, we’ll play it how we see and as usual, we go level to level and update any changes as we go along. KOG’s Bias for the week: Bullish above 3340 with targets above 3355, 3361, 3368, 3372 and above that 3385 Bearish below 3340 with targets below 3335, 3330, 3322, 3316, 3310 and below that 3304 RED BOX TARGETS: Break above 3350 for 3355, 3361, 3367, 3375 and 3390 in extension of the move Break below 3340 for 3335, 3330, 3320, 3310 and 3306 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
42
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great finish to the week with our chart ideas playing out, as analysed. We completed all our Bullish targets on this chart with ema5 cross and lock confirmation. We were also able to step away today after the final target with no further ema5 cross and lock, confirming the rejection that we are seeing now. BULLISH TARGET 3356 - DONE EMA5 CROSS AND LOCK ABOVE 3356 WILL OPEN THE FOLLOWING BULLISH TARGETS 3381 - DONE EMA5 CROSS AND LOCK ABOVE 3381 WILL OPEN THE FOLLOWING BULLISH TARGET 3404 - DONE EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET 3424 - DONE EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 - DONE We will now come back Sunday with a full multi timeframe analysis to prepare for next week’s setups, including updated views on the higher timeframes, EMA alignments, and structure expectations going forward. Thanks again for all your likes, comments, and follows. Wishing you all a fantastic weekend!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
Gold Softens — Watching for a Tactical Long OpportunityYesterday, gold hit a low of around 3351 and then began to rebound. During the rebound, it hit a high of around 3377 and then retreated again. We can clearly see that below 3400, gold is still weak overall, and even failed to reach 3380 during the rebound. In the short term, the 3380-3390 area has become an obvious resistance area. Yesterday, gold rebounded after dropping to around 3351. Whether the support near 3350 is effective has not been verified again, so from a technical perspective, gold still has the need to retreat again and test the support near 3350. Once gold falls below the area when testing the support near 3350, gold may continue to fall to the 3335-3325 area. Therefore, in today's trading, the focus is still on shorting gold, supplemented by trying to go long on gold with the support. 1. Consider shorting gold in the 3380-3390 area, TP: 3365-3355; 2. Consider going long gold in the 3355-3345 area, TP: 3365-3375; strictly set SL 3. If the 3355-3345 area is broken, try to go long gold again in 3335-3325, TP: 3360-3370
OANDA:XAUUSDShort
by Trading_Steffen
350pips Secured — Focus Shifts to Dip-Buying StrategyToday's trading was very successful, and the grasp of the long and short rhythm was very accurate. Today's trading situation is as follows: 1. Close the short position with an overnight entry price of around 3386 near 3380, with a loss of 60 pips, and the loss amount exceeded $6K; 2. Directly short gold near 3380, manually close the position near 3366, profit 130pips, profit amount exceeded $12K; 3. Long gold near 3356, hit TP: 3372 and end the transaction, profit 160pips, profit amount exceeded $8K; 4. Long gold near 3362, hit TP; 3375 and end the transaction, profit 120pips, profit amount exceeded $6K. Intraday trading summary: Today, the long and short sides completed a total of 4 transactions, one of which suffered a loss, but the net profit was 350pips, and the profit amount exceeded $20K. For short-term trading, I think I can submit a satisfactory answer to myself today! How to execute the transaction next? Gold started to pull back from around 3438 and has now reached a low of around 3351, with a retracement of more than 870pips. The retracement space is not small. However, gold has stabilized above 3350 and has started a technical rebound repair, and the upward force is not weak, so gold may have completed the retracement. Under the support of these two technical conditions, gold may regain its upward momentum and hit 3400 again. At present, the short-term resistance is obvious, located in the area near 3380. Once gold breaks through 3380, gold will inevitably continue to rise and hit 3400 again; but I think as long as gold stabilizes above 3350, it is not difficult to break through the short-term resistance of 3380, so gold will inevitably test the 3400 mark again; and the short-term support below is in the 3365-3355 area. Gold may still retreat to this area first during the rise in order to increase liquidity and accumulate momentum, helping gold to break through 3380 more easily. So for the next short-term trading, I think it is feasible to go long on gold in the 3365-3355 area, first looking at the target area of 3380-3390, and then 3400.
OANDA:XAUUSDLong
by Trading_Steffen
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, After completing our 1h chart idea update yesterday, please see our 4chart idea also played out to perfection!!! We started with our Bullish target hit at 3364 followed with ema5 cross and lock opening 3429. This was also hit perfectly with no further cross and lock above 3429 confirming the perfect rejection. We are now seeing price play into the retracement zone and will continue to look for reactions on the lower Goldturn, inline with our plans to buy dips. 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 3364 - DONE EMA5 CROSS AND LOCK ABOVE 3364 WILL OPEN THE FOLLOWING BULLISH TARGETS 3429 - DONE EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET 3561 BEARISH TARGETS 3297 EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE 3242 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 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
12
Unemployment Claims Update🟡 Gold Update: High Volatility Pullback Nearing Resolution Gold has recently exited a high-volatility phase. After plunging sharply from the 3438 high, price aggressively dropped to 3380, tapping deep liquidity within a high-confluence discount zone. 📉 GOLD MARKET UPDATE – JULY 24 Gold pulled back hard from 3438 → tapped deep liquidity at 3380. Volatility fading, but structure is key now. 🧠 Macro Check: → USD strength priced in → Powell = sticky inflation = risk asset caution → Eyes on tomorrow’s Jobless Claims + Durables 📊 Trend Outlook: D1: Bullish (mid-range pullback) H4: Bearish → trying to base at 3380 🔹 Demand Zones: → 3381–3391 ✅ tapped w/ OB reaction → 3364–3370 = backup zone 🔸 Supply Zones: → 3410–3416 = FVG fill → 3422–3428 = institutional OB + 61.8% Fib 📍 Structure Shifts (H1/M15): → M15 CHoCH ✅ → Waiting for BOS > 3395 for confirmation → Early signs of accumulation near 3380–3390 🎯 Trade Setups 🟦 Bullish Play → Entry: 3381–3391 → Confirm: M15 BOS > 3395 → Target: 3410+ ⚠️ Patience — no entry w/o confirmation 🟥 Bearish Play → Entry: 3416–3422 → Confirm: M5 rejection + BOS → Target: 3395 / 3380 ⚠️ Only valid if clean rejection — don’t fade strength 🧩 Fibs (3438–3380): → 50% = 3409 → 61.8% = 3417 🔻 Reaction likely around these levels 📌 TL;DR: We’re inside a high-confluence demand. M15 BOS above 3395 unlocks upside. Short only if 3422 rejects fast and clean.
OANDA:XAUUSDLong
by FX_Scrubbs
Bullish Momentum Fading? Key Correction Levels Ahead XAUUSD – Bullish Momentum Fading? Key Correction Levels Ahead (23 July) 📰 Market Overview Gold surged strongly overnight, driven by: A speech from Fed Chair Jerome Powell, with no hints of resignation or major policy shift. Rising geopolitical tensions between the US, China, and the EU — with the 1st of August marked as a key deadline. A notable drop in US bond yields and the US Dollar, triggering increased demand for safe-haven assets like gold. While today’s economic calendar is quiet, the market remains sensitive to sudden volatility. 📉 Technical Analysis On the H4 chart, the recent bullish wave shows signs of exhaustion. Reversal candles are now forming on the H1 and M30 timeframes — suggesting a potential correction in the short term. The 3412 – 3410 support zone will be critical. If price breaks below and invalidates the ascending trendline, we may see a deeper pullback toward lower liquidity zones (FVGs). Below that, the 335x region offers strong confluence (Fibonacci 0.618 + previous demand zone), making it a prime area for potential long entries if price action confirms a bounce. 📌 Trade Setups to Watch 🔻 SELL ZONE: 3469 – 3471 Stop Loss: 3475 Take Profit Targets: 3465, 3460, 3455, 3450, 3445, 3440, 3430, 3420 → Wait for a breakout and retest before shorting. 🔸 BUY SCALP: 3385 – 3383 Stop Loss: 3379 TP Targets: 3390, 3394, 3398, 3402, 3406, 3410 → Ideal for intraday pullback entries with clear structure. 🔹 STRONG BUY ZONE: 3356 – 3354 Stop Loss: 3350 TP Targets: 3360, 3364, 3368, 3372, 3376, 3380, 3390, 3400 → Great long-term entry zone with technical alignment (liquidity + fib levels). ⚠️ Risk Management Reminder Even in low-news sessions, markets may spike unexpectedly due to political statements or liquidity sweeps. Always respect your TP/SL levels — smart trading is protected trading. 💬 Patience breeds precision. Wait for the zone, trust the plan, and manage the trade.
OANDA:XAUUSDShort
by MMFlowTrading
2
GOLD ROUTE MAP UPDATEHey Everyone, Another PIPTASTIC day on the charts with our analysis once again hitting gold!!! After completing all our bullish targets yesterday we stated that we will now look for EMA5 lock above 3424 to open the next bullish level at 3439. - This played out perfectly completing 3439 to perfection!! We are now seeing no further lock above 3439 confirming the rejection, which we are seeing now. We will now look for lower Goldturns to be tested for support and bounce inline with our plans to buy dips. 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 gives 20 to 40 pip bounces, which is enough for a nice entry and exit. If you backtest the levels we’ve shared every week for the past 24 months, you’ll see how effectively they were used to trade with or against short/mid-term swings and trends. The swing ranges give bigger bounces than our weighted levels, that’s the difference between the two. BULLISH TARGET 3356 - DONE EMA5 CROSS AND LOCK ABOVE 3356 WILL OPEN THE FOLLOWING BULLISH TARGETS 3381 - DONE EMA5 CROSS AND LOCK ABOVE 3381 WILL OPEN THE FOLLOWING BULLISH TARGET 3404 - DONE EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET 3424 - DONE EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 - DONE EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET 3458 BEARISH TARGETS 3331 EMA5 CROSS AND LOCK BELOW 3331 WILL OPEN THE FOLLOWING BEARISH TARGET 3311 EMA5 CROSS AND LOCK BELOW 3311 WILL OPEN THE SWING RANGE 3289 3266 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
29
Gold CFD Trading: Practical Steps and Influencing Factors Gold CFD Trading: Practical Steps and Influencing Factors Gold trading in forex offers a dynamic and potentially rewarding opportunity for traders. This article delves into the essentials of trading gold, from understanding its unique position as both a commodity and a financial asset to its price determinants and how to trade it. Understanding Gold as a Trading Asset In international gold trading, gold's role extends beyond being just a precious metal; it is a unique asset class. Its intrinsic value and universal appeal have made gold a cornerstone in financial markets for centuries. Unlike many other commodities, gold maintains its value not just in times of economic stability but also during volatility. This dual nature arises from its status as both a tangible commodity and a symbol of wealth, leading to its classification as a so-called safe-haven asset. Investors often turn to gold when currencies and other markets face instability. Additionally, gold's relatively limited supply, juxtaposed with its consistent demand across industries and jewellery markets, ensures its lasting relevance in the trading world. Understanding these characteristics of gold is crucial for forex traders, as they form the foundation of its behaviour and pricing in the financial markets. Fundamentals of Gold Trading For those looking to learn to trade gold, it's essential to grasp the basics of how gold is traded. Primarily, gold trading is conducted through Contracts for Difference (CFDs), a popular derivative that allows traders to speculate on its price movements without owning the physical metal. CFDs offer a flexible way to engage in gold trading, providing the ability to trade both rising and falling markets. This versatility is often cited as the best way to trade gold, especially for those who prefer short-term positions. Unlike gold stock trading, where investors buy shares in gold-related companies, gold CFD trading focuses directly on the price movements of the metal itself. Via CFDs, gold is typically traded against the US dollar, denoted as XAU/USD. Here, XAU represents one troy ounce of gold, a standard unit of measurement in the precious metals market. Traders analyse market trends and use leverage to potentially enhance their opportunities. However, leverage is a double-edged sword, potentially magnifying losses. Factors Influencing Gold Prices Understanding the factors that influence gold prices is critical for anyone engaged in trading this precious metal. Here are key elements that traders usually monitor: 1. Economic Indicators: Key economic data such as GDP growth rates, employment figures, and inflation reports can significantly impact prices. Typically, weak economic performance or high inflation rates increase gold's appeal as a hedge against currency devaluation. 2. Monetary Policy: Central banks' decisions on interest rates and quantitative easing play a major role. Lower interest rates can decrease the opportunity cost of holding non-yielding assets like gold, thus boosting its demand. 3. Currency Strength: The strength of the US dollar is inversely related to gold prices. As gold is paired with the US dollar, rising USD will make gold cheaper. 4. Geopolitical Events: Political uncertainties and global crises often drive investors towards gold as a so-called safe-haven asset. Events causing economic instability can lead to a surge in prices. 5. Market Demand: Demand from industries like technology and jewellery and investment demand significantly influence prices. 6. Gold Trading News: News and reports related to mining, supply constraints, or large market transactions can immediately affect prices. How to Trade Gold Trading gold effectively requires a combination of well-chosen strategies, relevant indicators, and insights from trading signals. A comprehensive gold trading tutorial is a great starting point for understanding the mechanics of the market. One of the best strategies to trade gold is following the trend. This involves identifying the direction of the market trend and making trades in alignment with this trend. For instance, if gold is on an upward trend, a trader might take a long position, and vice versa for a downward trend. Regarding the best indicators for gold trading, traders often rely on tools like Moving Averages to identify trends, the Relative Strength Index (RSI) for overbought or oversold conditions, and MACD for momentum and trend changes. Additionally, utilising gold trading signals can be effective. These signals, provided by market analysts or automated systems, offer assumptions on when to enter or exit trades based on market analysis. However, traders usually use these signals as a guide rather than a definitive command, combining them with their own research and risk management strategies. Practical Steps for Gold Trading Starting your journey in gold trading can be both exciting and challenging. Here are some practical steps to help you navigate this market: - Educate Yourself: Before diving in, invest time in understanding the gold market. You can read books, watch webinars, and follow gold trading tutorials. - Start Small: Begin with smaller investments to limit risk as you learn the ropes. - Use Demo Accounts: Practice with demo accounts to gain experience without financial risk. - Keep Up with News: Stay updated with global economic news, as they can significantly impact prices. - Risk Management: Always use stop-loss orders to minimise potential losses. - Review and Learn: Regularly review your trades to learn from successes and mistakes. The Bottom Line Embarking on your gold trading journey can be a transformative experience. With the knowledge and strategies outlined in this article, you can be well-equipped to navigate the market. Happy trading! This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSDEducation
by FXOpen
1
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts today with our analysis playing out perfectly like we analysed. As a follow up from yesterday, after completing 3356, we noted that EMA5 cross and lock opening 3404, which was hit perfectly today as analysed. With strong momentum, we also cleared the 3424 Bullish Target. We will now look for an EMA5 lock above 3424 to open the next bullish level at 3439. Alternatively, a rejection here may see lower Goldtruns tested 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 gives 20 to 40 pip bounces, which is enough for a nice entry and exit. If you backtest the levels we’ve shared every week for the past 24 months, you’ll see how effectively they were used to trade with or against short/mid-term swings and trends. The swing ranges give bigger bounces than our weighted levels, that’s the difference between the two. BULLISH TARGET 3356 - DONE EMA5 CROSS AND LOCK ABOVE 3356 WILL OPEN THE FOLLOWING BULLISH TARGETS 3381 - DONE EMA5 CROSS AND LOCK ABOVE 3381 WILL OPEN THE FOLLOWING BULLISH TARGET 3404 - DONE EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET 3424 - DONE EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET 3458 BEARISH TARGETS 3331 EMA5 CROSS AND LOCK BELOW 3331 WILL OPEN THE FOLLOWING BEARISH TARGET 3311 EMA5 CROSS AND LOCK BELOW 3311 WILL OPEN THE SWING RANGE 3289 3266 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
34