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GOLD ROUTE MAP UPDATEHey Everyone, A great finish to the week with all our chart ideas completed, as analysed. This is our 4h chart update that started with the open Bullish target and then all the way to the top into our final target with a few pips short and then followed with a perfect rejection on our final Goldturn. The price dropped into each lower Goldturns for support and gave the 30 to 40 pip bounces like we always state. The final drop went and completed the open bearish target at 3282, completing this chart idea top to bottom. BULLISH TARGET 3330 - DONE EMA5 CROSS AND LOCK ABOVE 3330 WILL OPEN THE FOLLOWING BULLISH TARGET 3372 -DONE EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET 3414 - DONE EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGET 3457 - DONE EMA5 CROSS AND LOCK ABOVE 3457 WILL OPEN THE FOLLOWING BULLISH TARGET 3503 - DONE (FELL SHORT BY A FEW PIPS) BEARISH TARGETS 3282 - DONE 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
8
GOLD DAILY CHART ROUTE MAP UPDATE Hey Everyone, Another smashing day on the charts today with our analysis playing out perfectly. This is an update from yesterday, which you can read below for continuity. After completing the target yesterday we stated We are now looking for support above the channel top for a continuation or a ema5 lock inside the channel will see price play back into the channel levels. - We got the support and bounce just outside the channel, just like we said and perfectly inline with our plans to buy dips. This is now a crucial range test with either support here for a continuation or a break back into the channel. We will be looking for ema5 to confirm the break or failure to identify rejection. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX YESTERDAYS UPDATE Hey Everyone, After updating our 1H and 4h chart idea last two days, please see update on our daily chart idea also playing out perfectly. On our last update we stated that we were seeing price break out of the channel but will need ema5 to lock outside of the channel to confirm the breakout into the next level. We got the candle body above 3297 and ema5 lock opening 3433 - This was hit perfectly completing this target. No further close above this level confirmed the rejection. We are now looking for support above the channel top for a continuation or a ema5 lock inside the channel will see price play back into the channel levels. This is the beauty of our Goldturn 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. 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 from rejections, 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
23
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, After updating our 1H and 4h chart idea last two days, please see update on our daily chart idea also playing out perfectly. On our last update we stated that we were seeing price break out of the channel but will need ema5 to lock outside of the channel to confirm the breakout into the next level. We got the candle body above 3297 and ema5 lock opening 3433 - This was hit perfectly completing this target. No further close above this level confirmed the rejection. We are now looking for support above the channel top for a continuation or a ema5 lock inside the channel will see price play back into the channel levels. This is the beauty of our Goldturn 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. 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 from rejections, 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
8
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the markets today. After completing our 1h chart route map yesterday, we moved onto our 4 chart route map. On this chart idea, we got our Bullish target at 3330 hit, followed with candle body close gaps to 3372 and 3414, as ema5 didn't catch up due to momentum. However, the body close breaks on each level still gave us enough time for the confirmation before being hit. We then managed to get ema5 cross and lock above 3414 opening 3457, which was also hit perfectly, completing this target with confirmation. No further lock above 3457 confirmed the rejection. However, we now have a body close above 3457 with a gap to 3503, which just fell short by a few pips. 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 3330 - DONE EMA5 CROSS AND LOCK ABOVE 3330 WILL OPEN THE FOLLOWING BULLISH TARGET 3372 - DONE EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET 3414 - DONE EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET 3457 - DONE EMA5 CROSS AND LOCK ABOVE 3457 WILL OPEN THE FOLLOWING BULLISH TARGET 3503 BEARISH TARGETS 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE RETRACEMENT RANGE 3224 3190 EMA5 CROSS AND LOCK BELOW 3190 WILL OPEN THE SWING RANGE SWING RANGE 3131 - 3077 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
8
Gold Reaction Zones for April 22XAUUSD – Intraday Reaction Zones Smart Money Concepts | 1H + 4H Structure NY Session Focus 🔻 SELL ZONES (Above Price) 1️⃣ 3500 – 3503 🔸 Psychological round number 🔸 Inefficiency + liquidity magnet 🔸 Watch for reversal wick or M15 CHoCH 2️⃣ 3472 – 3478 🔸 1H supply + previous rejection wick 🔸 Already caused a strong move down 🔸 Valid for short on second test with confirmation 3️⃣ 3564 – 3568 🔸 4H unmitigated supply zone 🔸 High-impact reversal area 🔸 Only in play if NY breaks out with strength 🟢 BUY ZONES (Below Price) 1️⃣ 3440 – 3447 (Currently in play) 🔹 1H OB + imbalance combo 🔹 First support zone for potential bullish reaction 🔹 Watch for rejection or confirmation before entry 2️⃣ 3410 – 3416 🔹 BOS origin zone on 1H 🔹 Imbalance + clean structural base 🔹 Stronger foundation for longs if 3440 breaks 3️⃣ 3350 – 3362 🔹 4H demand 🔹 Multiple rejections and accumulation in past sessions 🔹 Valid for bounce if deeper selloff continues 🧠 Market Context Price broke below 1H HL at 3462 → currently pulling back HTF structure still bullish, but intraday flow is bearish NY may hunt liquidity into lower zones before reversal Confirmation is key — no blind entries 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
FOREXCOM:XAUUSD
by GoldMindsFX
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our 1H chart idea playing out perfectly completing all our targets. We started with our Bullish target at 3341 hit, followed with candle body close gaps to 3362 and 3382, as ema5 didn't catch up for the lock due to momentum. However, the body close breaks on each level still gave us enough time for the confirmation. The final gap at 3410 did give us the ema5 cross and lock confirmation above 3384 opening 3410 and then completed the target perfectly!! This 1H chart idea is now complete. We can now move onto our 4H chart idea for the remaining targets to track and trade throughout the week. However, If we see price fall back into the 1h chart range, then we can continue to use the levels bellow, as they should be respected. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3341 - DONE EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGET 3362 - DONE EMA5 CROSS AND LOCK ABOVE 3362 WILL OPEN THE FOLLOWING BULLISH TARGET 3384 - DONE EMA5 CROSS AND LOCK ABOVE 3384 WILL OPEN THE FOLLOWING BULLISH TARGET 3410 - 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
20
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 3341 and a gap below at 3307. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3341 EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGET 3362 EMA5 CROSS AND LOCK ABOVE 3362 WILL OPEN THE FOLLOWING BULLISH TARGET 3384 EMA5 CROSS AND LOCK ABOVE 3384 WILL OPEN THE FOLLOWING BULLISH TARGET 3410 BEARISH TARGETS 3307 EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE FOLLOWING BEARISH TARGET 3278 EMA5 CROSS AND LOCK BELOW 3278 WILL OPEN THE SWING RNGE 3255 3233 EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3027 - 3179 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
28
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 3330 and a gap below at 3282. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual. 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 3330 EMA5 CROSS AND LOCK ABOVE 3330 WILL OPEN THE FOLLOWING BULLISH TARGET 3372 EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET 3414 BEARISH TARGETS 3282 EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE RETRACEMENT RANGE 3224 3190 EMA5 CROSS AND LOCK BELOW 3190 WILL OPEN THE SWING RANGE SWING RANGE 3131 - 3077 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
9
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, After completing our last daily chart idea please see update on our new daily chart idea. We have also updated a new Goldturn ascending channel. We are seeing price break out of the channel but will need ema5 to lock outside of the channel to confirm the breakout vs a fakeout. If this happens then the channel top is likely to to form support for a continuation, just like we are seeing the current candles bounce from the channel top, as support. This is the beauty of our Goldturn 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. 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 from rejections, 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
7
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on our week chart idea, which has been playing out perfectly allowing us to track the movement down and trade the movement up and finally complete - BOOOOM!!! After completed all our [previous targets on this chart, we were left with a body close above 3189 leaving a long range/term gap to 3281. This target was hit last week completed this chart idea. We will now update a new weekly chart idea next week with more long term/range projections. Please keep an eye out for this for next Sunday or if we get a chance, we will try and get this out earlier. However, please note if we see a rejection here on the channel top, then the lower levels within the channel, are still valid to track the movement down and up. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
GOLD ROUTE MAP UPDATEHey Everyone, Once again a great day on the market today with our chart idea playing out, as analysed. This chart idea is now fully complete with our final target being completed today. Yesterday after completing 3324 we stated that we needed ema5 lock above 3324 to open 3352. We got the cross and lock above 3324 to open 3352, which was hit perfectly completing this target and this chart idea. We now expect a rejection on this zone and then we can continue to catch bounces from the lower Goldturns. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3261 - DONE EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET 3292 - DONE EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET 3324 - DONE EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET 3352 - DONE BEARISH TARGETS 3230 - DONE EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET 3201 - DONE EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE RETRACEMENT RANGE 3179 3152 EMA5 CROSS AND LOCK BELOW 3152 WILL OPEN THE SWING RANGE 3120 3094 EMA5 CROSS AND LOCK BELOW 3094 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3069 - 3038 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 is brewing a big drop!After the tariff issue was moderately cooled, gold returned to calm and volatility gradually narrowed! From the candle chart, although gold did not form an effective decline, the bullish momentum slowed down significantly! Since gold rose near 2970, it has reached a high of around 3246. The bulls did not get a respite. After the news returned to calm, gold may usher in a technical retracement repair; gold has been blocked near 3246 many times in the past two days, and the upper shadow line clearly shows a rejection signal! In the current gold structure, gold has formed a secondary high point near 3232, and it is very likely to combine the 3246 high point to form a double top structure, which is conducive to the decline of gold to a certain extent; In addition, compared with the market's expected targets of 3300 and 3400, the upper side belongs to an unknown area and is more risky, while the lower side has a previous historical track. From the perspective of market psychology and risk preference, gold prices may be more willing to retreat. So in the short term, I will still not give up my short position. Once gold falls below the 3205-3200 zone, the area around 3190 will not be able to stop the decline of gold. The retracement target area is located in: 3160-3140 zone. The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin
1
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts with our levels playing out and respecting perfectly. 3201 Goldturn failed to lock below, which provided the support like we said and the bounce back into 3230. We will now either look for a break and lock above 3230 for a continuation into the Bullish targets or we will continue to track the movement down with ema5 lock and catch the weighted level bounces inline with our plans to buy dips. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3261 EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET 3292 EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET 3324 EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET 3352 BEARISH TARGETS 3230 - DONE EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET 3201 - DONE EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE RETRACEMENT RANGE 3179 3152 EMA5 CROSS AND LOCK BELOW 3152 WILL OPEN THE SWING RANGE 3120 3094 EMA5 CROSS AND LOCK BELOW 3094 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3069 - 3038 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
18
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We started of with our bearish target hit at 3230 followed with ema5 cross and lock below 3230 opening 3201, which was hit perfectly and followed with the weighted bounce of over 40 pips inline with our plans to buy dips. We will now either look for support above this Goldturn level for a continuation above or a cross and lock below 3201 will open the Goldturn level below. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3261 EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET 3292 EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET 3324 EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET 3352 BEARISH TARGETS 3230 - DONE EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET 3201 - DONE EMA5 CROSS AND LOCK BELOW 3021 WILL OPEN THE RETRACEMENT RANGE 3179 3152 EMA5 CROSS AND LOCK BELOW 3167 WILL OPEN THE SWING RNGE 3120 3094 EMA5 CROSS AND LOCK BELOW 2975 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3069 - 3038 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
15
Gold’s decline is not over yet, aim at: 3160-3150Gold fell below the 3200 mark several times during the test. Although it recovered above 3200 several times, the rebound momentum is gradually weakening, giving short sellers the opportunity to counterattack. From the perspective of the morphological structure, gold has perfectly constructed an arc top structure, laying a solid foundation for gold to usher in a retracement at any time. The 4-hour candle chart shows that the fall has just begun, so gold still has plenty of room for retracement. At present, gold has rebounded slightly after touching around 3200, but if it cannot break through the 3216-3220 zone during the rebound, it will further confirm the downward trend of gold, then gold will inevitably retreat to the 3160-3150 zone, and in the process of decline, once the profit chips are cashed in or even panic selling is triggered, gold may even have the opportunity to retreat to the 3130-3120 zone! Therefore, in terms of short-term trading, I still advocate shorting gold in batches. The decline of gold has not ended. Let us look forward to gold bringing us huge profits during the retracement! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would stick with the NFP move and look for price to continue long looking for our target region 3050-55. We were already in the move with the trades protected, however, on open we did get closed at BE only to be able to get a better entry from the undercut low. After the break of the key level and on the flip we managed to then continue with the move upside completing numerous Excalibur targets as well as our bias and red box targets upside. I can’t say that was an easy week, the move was huge and thankfully we managed to stay the right side of it guided by the in-house indi’s and Excalibur. So, what can we expect in the week ahead? Although further upside is likely, we can’t long here as it’s too dangerous after that stretch last week. So let’s see how the market opens and if the Asia session attempts to test that high again. It’s the first level of 3230 that needs to be watched, support here can push us back upside into the above the key level of 3250-55 which is our ideal level for the hunt. If we can stay below that level we could see a RIP and price attempt the correction many traders are looking for in the early part of the week. The lower levels 3220 need to break as well as then the hurdle of 3210 which will make the correction easier. Due to low volume news next week, we could see a lot of ranging in anticipation of some geopolitical news which will bring sudden spurts of volume and the movement that we want to see. 3190 is the key level support and also the pattern test region, traders should keep an eye on this level of support for any RIP’s and potential for upside, so if attacked a bounce around there should be on the cards. It’s simply a red box break and close week this week, monitoring the price action and only looking for the longs if we get pullbacks, otherwise, 1-2 decent short opportunities should be enough for the short week. KOG’s bias of the week: Bearish below 3265 with targets below 3220, 3210. 3197, 3190 and below that 3170 Bullish on break of 3265 with targets above 3276, 3280, 3285 and above that 3292 RED BOXES: Break above 3250 for 3255, 3261, 3269, 3275 and 3290 in extension of the move Break below 3230 for 3220, 3210, 3206, 3195 and 3180 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
17
Risks gradually accumulate, and short gold in batchesAt present, the highest price of gold has reached around 3244, but it soon fell back to below 3240; and the PPI data is obviously bullish for gold, but gold has not shown a significant upward fluctuation, indicating that as gold rises sharply, market sentiment tends to be more cautious, so that liquidity is insufficient. So from this point of view, gold still has a need for a correction! In the past three trading days, the increase in gold has reached $270. So even if gold remains strong at present, we should not blindly chase more gold. On the contrary, we can still gradually establish short positions in batches. As long as we strictly control the number of transactions in the transaction, we don’t have to worry too much about the transaction risk! Let us wait patiently for the market to gradually accumulate risk sentiment. Once it accumulates to the critical point, it only takes one opportunity for gold to collapse soon.
OANDA:XAUUSDShort
by Trader_Marvin
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 3261 and a gap below at 3230. 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. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3261 EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET 3292 EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET 3324 EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET 3352 BEARISH TARGETS 3230 EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET 3201 EMA5 CROSS AND LOCK BELOW 3021 WILL OPEN THE RETRACEMENT RANGE 3179 3167 EMA5 CROSS AND LOCK BELOW 3167 WILL OPEN THE SWING RNGE 3120 3094 EMA5 CROSS AND LOCK BELOW 2975 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3069 - 3038 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
27