GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEKGOLD 12H CHART UPDATE: 17th FEB 2025
Hello Traders,
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.
Recap of Recent Chart Success!
Our recent analysis has been highly accurate:
Entry Level 2814: ✅ Achieved
TP1 2858: ✅ Achieved
TP2 2903: ✅ Achieved
TP3 2948: ✅ Partially achieved
After hitting TP3, 2948 acted as the expected resistance level, causing a price reversal of over 40 pips down to the weighted GoldTurn levels of 2900 and 2856. These levels provided support, allowing the price to bounce back toward the resistance zone.
What’s Next for GOLD? Bullish or Bearish?
* Resistance Levels: 2942, 2993, 3041
* Support Levels (GoldTurn Levels): 2900, 2856, 2813, 2770, 2710, 2664, 2599
* FVG is providing strong resistance 2910 which will cause short bearish
EMA5 Behavior (Red Line):
Current EMA5: 2903.06
* EMA5 is fluctuating between two key weighted levels, with a gap above 2948 and below the 2900 GoldTurn level.
* A crossover of EMA5—either above or below the weighted level—will signal the next significant move for GOLD.
Bullish Targets
EMA5 cross and hold above 2814, will open the following bullish target 2858 ✅ DONE
EMA5 cross and lock Above 2858, will open the following bullish target 2903 ✅ DONE
EMA5 cross and lock Above 2903, will open the following bullish target 2948 ✅ DONE
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
Bearish Targets
EMA5 hold and cross Below 2900: will open the following bearish target 2856 ✅ DONE
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)
Short-Term Strategy:
Anticipate possible reversals at weighted GOLDTURN levels 2856 and 2813.
Leverage 1H and 4H timeframes to capture pullbacks around these levels.
Target 30–40 pips per trade, focusing on shorter positions for effective risk management.
GOLDTURN levels provide reliable bounce opportunities, allowing you to buy at dip levels.
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.
Final Thoughts:
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.
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Best regards,
📉💰 The Quantum Trading Mastery Team
Professionaltraders
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