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GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, This is an update on our weekly chart ideas, which we have been tracking, as our long term route map. After completing 3094 target no further body close or ema5 lock above this level. Therefore no further gaps left above and followed with a rejection. We are now looking for support and bounce on the channel half line or a cross and lock below the half line will open the lower range for the channel low Goldturns. We expect the range play between the channel half-line and 3094 and will need a break on either of these levels to determine the next range. 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. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
Snipper plan ideeas before NFP and Powell Speech - April 4th📌 Macro & Market Context Gold remains in a strong HTF bullish market structure, with recent highs around $3,160 acting as a key resistance. NFP data, Unemployment Rate and Powell's speech will add increased volatility later today. The market is currently correcting after liquidity grab above $3,160, showing signs of distribution. 📊 Market Structure Overview (4H & 1H) Bullish/Sell bias remains neutral, but a temporary retracement is underway. Premium supply zones are positioned above $3,140–$3,160. Discount demand zones are around $3,080–$3,050. 📍 Setup 1 SELL Scenario: Bearish retest to this zone Entry: $3,135 - $3,145 (if price returns to this zone). Confirmation: Rejection wick + Bearish Engulfing on 15M or 5M. Stop Loss: Above $3,153 TP1: $3,125 TP2: $3,110 TP3: $3,090 📍 Setup 2 SELL Scenario: Wait for price to push back into 3,091–3,095 zone (M5 imbalance retest). Entry: 3091-3095 Confirmation: Entry on rejection + BOS or CHoCH M1/M5. Stop Loss: Above 3,096 TP1: 3066 TP2: 3054 TP3: 3040 📍 Setup 2 BUY Scenario: If price retraces to key demand zones $3,080–$3,070, look for a long entry. Entry: Buy at $3,080–$3,075. Confirmation: Liquidity grab + Bullish engulfing on LTF (1M, 5M). Stop Loss: Below $3,070. TP1: $3,100 TP2: $3,120 TP3: $3,135 📍 Setup 3 BUY Scenario: Bounce/reversal confirmation near 3,054 (last demand block + imbalance edge)⁠. Entry: Buy at 3048-3055 Confirmation: Entry only if M1/M5 shows CHoCH + volume⁠. Stop Loss: Below 3048 TP1: 3085 TP2: 3115 TP3: 3128 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action. If you find the ideas contribute to your views on the market be kind to press boost🚀/like button. Your support is appreciated.
FOREXCOM:XAUUSD
by GoldMindsFX
3
The bearish trend is just beginning: Short Gold!Good morning, bros! With the gold price falling by LSE:100H yesterday, there is no doubt that the market is currently dominated by bears! As the gold high gradually moves down, it is difficult to hold even 3100, further weakening the bullish momentum and exacerbating panic selling to a certain extent! Obviously, as gold completes the regional conversion, the previous support has been transformed into an important resistance area in the short term, and the short-term resistance effect of the 3115-3125 zone is very obvious; and the current area near 3090 does not play a structural support role, so the area near 3090 is easy to be broken, and the short-term support below is in the 3075-3065 zone. So in terms of short-term trading, before the NFP market, we can still short gold with the resistance of the 3115-3125 zone, with the first target pointing to the 3075-3065 zone, followed by the 3055-3045 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
XAUUSD: Buy or Sell?Today's gold market can be said to have the largest intraday volatility since 2025! After experiencing violent fluctuations, the current trend of gold has once again become anxious. However, from the perspective of range conversion, it is certain that gold is currently operating in a weak position, and after the brutal and violent fluctuations, the market also needs to recuperate. And there will be NFP tomorrow. It is expected that before NFP, it will be difficult for gold to form a new unilateral market again. So in the process of shock, I think both long and short sides have a certain profit space. First of all, pay attention to the resistance of 3125-3135 area on the top. If gold touches this area during the shock process, we can still short gold; And the first focus on the 3095-3085 area on the bottom is that if gold touches this area during the shock process, we can still consider going long on gold. 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
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this. Once again another great day on the markets with our daily chart idea playing out to completion. Yesterday we updated the completion of our 1H chart route map and today we have finally completed this daily chart idea. Our last update we stated that we had the candle body close above 3052 opening 3103 axis target. This was hit perfectly this week completing this chart idea. We will continue to update our new multi time frame route maps, as usual, with renewed chart ideas on our usual weekly updates. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX OLD UPDATES ON THIS CHART IDEA MARCH 23RD WEEK UPDAT E The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range. PREVIOUS WEEKS UPDATE After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs. We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips. - Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
OANDA:XAUUSD
by Goldviewfx
16
Continue to short gold after the rebound!Although gold did not fall due to the negative impact of ADP data, this does not mean that the risk of gold falling has been eliminated. As long as gold does not break through the recent highs, and in the fluctuations in recent days, the resistance strength of the 3135-3145 zone has been strengthened, gold still has a considerable risk of falling before breaking through the resistance area, and once gold falls below the 3110-3100 zone, it is bound to retreat to the 3095-3085 zone! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
FOREXCOM:XAUUSDShort
by Trader_Marvin
A rebound is a good opportunity to short goldGold rebounds from 3100, but is the bullish momentum truly revived? I don’t see it that way. Yesterday’s retracement to 3100 has already weakened the strong bullish structure to some extent, with 3150 likely acting as a key resistance level. I believe the current rebound is merely a technical retest of the 3150 zone, reinforcing it as a potential cycle high and paving the way for a double-top formation, which could provide a bearish technical setup for further downside. Following the initial 3100 test, a second retest of this support level is likely. If gold fails to hold 3100 on the second attempt, a break lower towards 3095-3085 would become increasingly probable. I will continue to scale into short positions within the 3132-3142 zone, with an initial target of 3120-3110. If gold approaches 3100, I will closely monitor the price action to assess the likelihood of a further breakdown. The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
FOREXCOM:XAUUSDShort
by Trader_Marvin
4
Continue to short gold, there is still huge downside potentialGold fell below the short-term key support of 3120 and extended to around 3100. The short-term raid caught most long traders off guard. Today, I evaluated from both market factors and risk factors, and made a plan to short gold in the 3135-3145 zone, with the goal of a pullback to 3100. The potential profit space is $50. I believe that as long as you pay attention to and follow my trading strategy, you will definitely make a lot of money today! At present, gold has rebounded slightly after touching around 3100, but I do not recommend going long on gold in this position area; because a sharp drop in gold can easily hit the confidence of long traders, stimulate profit-taking and panic selling, so I think the decline is not over. Even from a technical perspective, although gold has a certain degree of technical repair after a rapid decline, it is obvious that the 4-hour level has not started to make up for the decline, indicating that there is still a lot of room for correction below. In this round of decline, I think gold is likely to continue to fall to the area around 3085, or even the 3075-3065 zone. Therefore, for short-term trading, we can still consider shorting gold in batches after it rebounds to the 3115-3125 zone, with the target pointing to the 3095-3085 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
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the Markets today, with our analysis playing out perfectly completing our 1h chart idea. After completing 3090, 3103 and 3117, we stated that the lock above opened 3128 and just fell short and we were looking to buy dips to complete this target. This played out perfectly hitting this target and completing the chart idea. We will update a new 1h chart idea later this week and in the mean time, please refer to our multi time frame chart ideas (weekly), that we shared Sunday, which are still in play. BULLISH TARGET 3090 - DONE EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET 3103 - DONE EMA5 CROSS AND LOCK ABOVE 3103 WILL OPEN THE FOLLOWING BULLISH TARGET 3117 - DONE EMA5 CROSS AND LOCK ABOVE 3117 WILL OPEN THE FOLLOWING BULLISH TARGET 3128 - 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
9
Short gold, profit target: 500pipsAfter reaching a fresh high of 3150, gold pulled back and has since been consolidating in a narrow range around 3132. While there is no denying that gold remains in a strong bullish trend, I believe it is now at its peak and could top out at any moment. This is why I continue to look for shorting opportunities rather than blindly chasing long positions—because I must first evaluate whether I have the risk tolerance to withstand a potential long-side drawdown. Currently, gold is showing signs of exhaustion, retreating from 3150 and stalling near its ascending trend channel resistance. There is a strong possibility that this marks the end of the parabolic uptrend, leading to a rounded top correction, similar to the previous price cycle. A potential retracement zone aligns with a $50 pullback. From a risk management perspective, going long at elevated levels presents significant challenges in setting a stop-loss (SL). A tight SL increases the probability of being stopped out due to market volatility, while a wider SL or no SL at all could expose long positions to severe drawdowns or liquidation if the market collapses. On the contrary, short positions allow for better-defined SL placement, and gold tends to correct sharply after an extended rally, offering favorable exit opportunities. The worst-case scenario for short sellers is missing out on further upside gains, but in return, we significantly reduce the risk of capital destruction. This is the primary reason why I remain firmly bearish on gold at current levels! Gold has retreated from its 3150 high, showing signs of momentum exhaustion. Given this price action, traders can consider initiating short positions within the 3135-3145 zone, aiming for a pullback toward the 3100 level. This setup offers a potential $50 profit per trade.
OANDA:XAUUSDShort
by Trader_Marvin
Gold Investors Beware: Bears Are Quietly AssemblingGold’s candlestick chart has displayed multiple upper shadows above the 3025-3030 zone, widely regarded as a clear rejection signal. With repeated failures to break through this resistance, gold is showing signs of forming a potential short-term top. This not only caps the upside but could also act as a key indicator of a possible bearish reversal. Following the Asian session's opening, gold experienced a slight gap up but failed to sustain its momentum, maintaining a range-bound movement instead. The lack of strong bullish follow-through reflects weak buying interest. Additionally, recent statements from Trump suggest a softened stance on tariff policies, with his rhetoric appearing less aggressive. If the tariffs are implemented in a more moderate manner or market reactions are less severe than anticipated, risk-off sentiment could subside, leading to a significant pullback in gold prices. But given the presence of strong buying interest and bullish sentiment consolidation, expectations for an extensive decline remain limited. The primary support to monitor lies in the 3110-3100 range. If gold break below this zone, it may trigger an accelerated drop, with the next downside target at the 3095-3085 region. 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
GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEKGOLD 12H CHART UPDATE: 24th FEB 2025 Hello Everyone, Here’s the latest 12H GOLD chart update, offering a thorough review of recent price movements and key insights for the upcoming sessions. Since October 2023, our careful tracking has maintained 100% target accuracy, as reflected by the Golden Circle markers on the charts. Let’s explore the highlights and what lies ahead. * Gold touched ATH last week at 2954.81 * Gold price has been fluctuating between two weighted level above with a gap 2948 and with a gap below 2903 the whole week. The Resistance 2948 and support level 2903 reacted well. What is next for GOLD? * Resistance Levels: 2948, 2993, 3041, 3092 * Support Levels (GoldTurn Levels): 2900, 2856, 2813, 2770, 2710, 2664, 2599 * FVG is providing strong support at 2920 which might push price bullish EMA5 Behavior (Red Line): Current EMA5: 2937.47 Bullish Targets EMA5 cross and lock Above 2948, will open the following bullish target 2993 EMA5 cross and lock Above 2993, will open the following bullish target 3041 EMA5 cross and lock Above 3141, will open the following bullish target 3092 Bearish Targets EMA5 hold and cross Below 2900: will open the following bearish target 2856 EMA5 cross and lock Below 2856: will open the following bearish target 2813 EMA5 cross and lock Below 2813: will open the following bearish target 2770 EMA5 cross and lock Below 2770: will open the following bearish target 210 EMA5 cross and lock Below 2710: will open the following bearish target 2664 (Retracement Range) Long-Term Outlook: Maintain a bullish bias while using pullbacks as buying opportunities. Buying near key support levels ensures better entry points and mitigates risks, avoiding the pitfalls of chasing tops. Trade with precision, discipline, and confidence. Our accurate, multi-timeframe analysis equips you to navigate the market effectively. Stay updated with daily insights to remain ahead of market trends. We appreciate your support! Don’t forget to like, comment, and share this post to help others benefit. Best regards, 📉💰 The Quantum Trading Mastery Team
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Good news for bears, gold will fall back to 3095-3085Driven by Trump’s tariff policies and geopolitical risks, gold has sustained a strong upward trajectory. However, after reaching around 3128, its momentum has visibly slowed, with multiple signs of pullbacks emerging within the short-term structure. From the candlestick chart, it’s evident that gold has faced repeated rejection signals above 3125, characterized by long upper shadows. The 3125 level has now formed a notable resistance zone and appears to be acting as a short-term consolidation high. This price action increases the likelihood of a potential top formation. Moreover, gold’s recent strength is largely attributed to growing concerns of a global trade war sparked by Trump’s tariff policies, prompting investors to rotate out of risk assets like equities and into safe-haven assets such as gold. However, if Trump softens his stance on the tariffs or adopts a more diplomatic approach to maintain confidence in the U.S. dollar, risk appetite may recover. This would likely drive funds back into equities and other risk assets, leading to an outflow from gold. For gold trading, I prefer to avoid aggressively chasing long positions at this stage, as downside risks persist. If gold fails to decisively break through the 3125-3135 resistance zone, the bullish momentum may weaken, increasing the likelihood of a downward move. If gold break below the 3100 level during a pullback, it could accelerate further declines, with potential targets in the 3095-3085 range. 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
5
GOLD ROUTE MAP UPDATEHey Everyone, A fantastic start to the week with our chart idea playing out perfectly inline with our trading plans. We started the day with our Bullish target 3090 hit, followed with 3103 and then cross and lock confirmation to complete 3117. We also got the cross and lock above 3117 to open 3128 and just fell short of a pip. We will keep this full gap in mind, as we continue with our plans to buy dips Rejection at this level will see lower Goldlturns tested and likely continue to see bounces on the weighted Goldturn levels, which we can use 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 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 3090 - DONE EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET 3103 - DONE EMA5 CROSS AND LOCK ABOVE 3103 WILL OPEN THE FOLLOWING BULLISH TARGET 3117 - DONE EMA5 CROSS AND LOCK ABOVE 3117 WILL OPEN THE FOLLOWING BULLISH TARGET 3128 BEARISH TARGETS 3074 EMA5 CROSS AND LOCK BELOW 3074 WILL OPEN THE FOLLOWING BEARISH TARGET 3055 EMA5 CROSS AND LOCK BELOW 3055 WILL OPEN THE FOLLOWING BEARISH TARGET 3039 EMA5 CROSS AND LOCK BELOW 3039 WILL OPEN THE FOLLOWING BEARISH TARGET 3020 EMA5 CROSS AND LOCK BELOW 3020 WILL OPEN THE SWING RANGE SWING RANGE 2999 - 2985 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
Short gold, pullback to 3110-3095 zoneToday gold rebounded sharply after falling back to around 3076. The current highest rebound is around 3128. The current highest rebound is around 3128. Although part of the reason is due to the support of the market's risk aversion, I think it is more of a catharsis of the market's bullish sentiment. So at this time, we should not chase long gold; because with the sharp rebound of gold, the risk of going long is gradually accumulating; secondly, we can refer to the trend of silver. After reaching the high point, it has begun to fall. I think gold may refer to the trend of silver and choose to fall in the short term. Therefore, in terms of short-term trading, you may wish to consider shorting gold in the 3125-3135 zone, and the 3105-3095 zone is the first focus of our attention to long gold levels after a short-term correction. You must keep your trading mind active, only in this way can you avoid too many stupid trading signals.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
Expect gold to retreat to the 3100-3090 zoneOn a crazy Monday, gold fell back to around 3076 and then rebounded, and continued to rise to around 3128. It has now fallen back slightly and is fluctuating in a narrow range around 3120! Although gold does maintain a strong position at present, what makes me more alert is that once gold retreats $3-5, it will be enough to make more buyers crazy and actively rush into gold long transactions. This is an extremely dangerous signal in my opinion! Because if with the withdrawal of large funds and panic selling, more bulls will be defeated. So I explicitly refuse to chase long gold above 3120, because as gold rises rapidly, the risk of going long is gradually accumulating, so the liquidity of gold is gradually weakening, so gold may need to retreat more to increase liquidity before continuing to rise! And if the tariff policy introduced on April 2 is carried out in a more moderate way, then market sentiment will be greatly eased, and gold may also collapse. So I think in short-term trading, we can still short gold in batches in the 3125-3135 zone, and expect gold to at least fall back to the 3100-3090 zone.
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 3090 and a gap below at 3074. 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 3090 EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET 3103 EMA5 CROSS AND LOCK ABOVE 3103 WILL OPEN THE FOLLOWING BULLISH TARGET 3117 EMA5 CROSS AND LOCK ABOVE 3117 WILL OPEN THE FOLLOWING BULLISH TARGET 3128 BEARISH TARGETS 3074 EMA5 CROSS AND LOCK BELOW 3074 WILL OPEN THE FOLLOWING BEARISH TARGET 3055 EMA5 CROSS AND LOCK BELOW 3055 WILL OPEN THE FOLLOWING BEARISH TARGET 3039 EMA5 CROSS AND LOCK BELOW 3039 WILL OPEN THE FOLLOWING BEARISH TARGET 3020 EMA5 CROSS AND LOCK BELOW 3020 WILL OPEN THE SWING RANGE SWING RANGE 2999 - 2985 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
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this. Now after completing the target to the channel top we stated that if we see ema5 lock outside the channel then we will look for support outside the channel on the channel top for a continuation, which played out perfectly, as the channel top after the breakout provided support for a continuation. We then stated and expected price to play between 3052 and 3007 until we see a break to confirm our next range. We got the test on 3007 with no body close or ema5 lock, which confirmed the rejection and the bounce perfectly into 3052, which then followed with the body close above 3052 opening the range above, giving a nice clean run of over 300 pips. Gap remains open and ema5 lock will only further confirm this but we are happy with the run already and will now continue to buy from dops only. 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 OLD UPDATES ON THIS CHART IDEA MARCH 23RD WEEK UPDATE The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range. PREVIOUS WEEKS UPDATE After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs. We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips. - Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
OANDA:XAUUSD
by Goldviewfx
6