GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 4H chart idea that we shared on Sunday.
Our 4h chart started with price between two weighted levels. We had 2416 Goldturn resistance and 2397, as Goldturn support.
The weighted support level held with no cross and lock below 2397 confirming the rejection for the bounce into 2416 followed with 2425 and 2437, which were both hit perfectly. We then had 2449 and 2460 to complete the range.
We are now looking for ema5 to cross and lock above 2467 to open the range above. Failure to lock above will see rejection into the lower Goldturns to find support and then track level to level once again.
We will see levels within this range tested side by side until one of the weighted levels break 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2416 - DONE
EMA5 CROSS AND LOCK ABOVE 2416 WILL OPEN THE FOLLOWING BULLISH TARGET
2425 - DONE
2437 - DONE
EMA5 CROSS AND LOCK ABOVE 2437 WILL OPEN THE FOLLOWING BULLISH TARGET
2449 - DONE
2460 - 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
Tradinggold
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our weekly chart idea.
Sunday we stated we had a gap remaining at 2434 but just needed to keep in mind the conflicting resistance with the channel top.
- 2434 was hit perfectly completing this target.
We now have the final Axis target at 2505 and if momentum allows this week; we may just see this complete without confirmation. However, the ideal confirmation would need to be with a candle body close above 2434 this week to confirm this gap or ema5 cross and lock for a double confirmation.
The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD ROUTE MAP UPDATEHey Everyone,
Great day on the chart once again completing our targets in true level to level fashion.
After completing 2378 yesterday; we stated that we needed to see ema5 lock above 2378 to open 2390 and the range above. We got the ema5 cross and lock, followed with 2390 and 2403 HIT.
We will now need to see ema5 cross and lock above 2403 weighted Goldturn to open 2414 and 2425. We already have a candle body close gap above 2403 opening 2414. Ema5 will solidify this with the extended 2425 target aswell.
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, 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 in the past 24 months, you can see how effectively they played out, with or against short/mid term swings and trends.
BULLISH TARGET
2390 - DONE
EMA5 CROSS AND LOCK ABOVE 2390 WILL OPEN THE FOLLOWING BULLISH TARGET
2403 - DONE
EMA5 CROSS AND LOCK ABOVE 2403 WILL OPEN THE FOLLOWING BULLISH TARGET
2414
2425
BEARISH TARGETS
2378 - DONE
EMA5 CROSS AND LOCK BELOW 2378 WILL OPEN THE FOLLOWING BEARISH TARGETS
BEARISH TARGETS
2364 - DONE
2355 - DONE
EMA5 CROSS AND LOCK BELOW 2355 WILL OPEN THE SWING RANGE
SWING RANGE
2333 - 2322
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
Waiting for SELL XAUUSD In The Supply ZoneI see the potential to sell in the drop base drop (DBD) supply zone area, after the sideways market is expected to bull and enter the supply area. My plan is to SELL XAUUSD in that area, with the SL limits that I accept, with a target of 2R I think is quite realistic.
Note: this plan is a XAUUSD trading idea. All risks are not our responsibility.
Unlocking Profit Potential XAU/USD Buy Trade AnalysisHey Nathima fams!
I hope you're all doing great! I wanted to share an exciting trading opportunity I've identified on gold. Here's why it's looking promising:
Weekly Strong Bullish Trend: The weekly chart is showing a robust bullish trend, indicating significant upward momentum in the price of gold.
Buy Opportunity: Considering this bullish trend, I'm highly confident in a buy opportunity on gold.
Target Range: I'm aiming for a target range of 2183 to 2208. This range aligns with both technical indicators and market sentiment, increasing the probability of a successful trade.
Profit Potential: With this trade, there's a fantastic opportunity to make substantial profits. By leveraging the current market conditions and strategic entry points, we can maximize our gains.
Let's capitalize on this opportunity together and turn it into a profitable venture! If you're ready to join me in this trade, let's make it happen and celebrate our success as a team. Here's to winning trades and amazing profits!
GOLD Day Analysis | Sell Setup| Bearish is comingHello Traders, here is the full analysis.
GOLD is trading in a range, as evidenced not only by trading between levels, but also between moving averages. The reason for this is the controversial fundamental environment.. GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Please see update on our 1H chart idea.
After hitting our Bullish target at 2047 earlier this week and then failing to cross and lock above confirming the rejection for the drop down into the retracement level.
The retracement zone and 2020Goldturn both provided bounces inline with our plans to buy dips.
We also stated that Ema5 cross and lock below the retracement level at 2032 will open the swing range, which we were keeping in mind while planning for the dip before making new commitments to ride. This is now playing out perfectly, as analysed.
We will now wait patiently for price to settle down into the swing range and then use our algo activations to secure the perfect entries to buy from dips.
2005 and 1992 Goldturns are both within our swing range to provide the dynamic bounces.
Our updated levels and weighted levels will allow us to track the movement down and then catch the 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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2047 - DONE
EMA5 CROSS AND LOCK ABOVE 2047 WILL OPEN THE FOLLOWING BULLISH TARGET
2063
2074
BEARISH TARGETS
2032 - DONE
EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SWING RANGE
2005
1992
EMA5 CROSS AND LOCK BELOW SWING RANGE WILL OPEN THE SUPPORT STRUCTURE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD ROUTE MAP & TRADING PLAN END OF WEEK UPDATEHey Everyone,
Great finish to the week for us, as we completed all our Bullish targets!!!!
Yesterday we stated after hitting our last target at 2086, that we will see price play between 2071 and 2086 and break of either weighted level with ema5 will determine next level. 2071 was broken with ema5 and confirmed 2063, which was hit today.
Once again we were able to track the movement down and catch the bounces up in true level to level fashion.
BULLISH TARGETS
2063 - DONE
EMA5 CROSS AND LOCK ABOVE 2063 WILL OPEN THE FOLLOWING BULLISH TARGET
2071 - DONE
2086 - DONE
We will now come back Sunday with our new multi timeframe analysis, trading plan and gold route map for the coming week and new year. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD YEARLY PLAN Year 2024Yearly Candle for GOLD.
If Gold closes strongly above 2046$.
For Long-term investors - I am Expecting a very Bullish year to go for a new High again.
Maximum Possibilities are there.
I'm Shaw, a seasoned forex trader with 14+ years of success. Whether you're new or experienced,
I'm here to help you achieve long-term profitability.
Connect with me on social media for expert advice
$XAUUSD - Today’s Plan - 27/11Morning Traders! ☕️
👉 OANDA:XAUUSD started the week strong with a nice push into the daily resistance zone where we can see already rejection.
💡 My plan is to join the trend and for that I have 2 buy zones ready. Bouth of them are a bit risky as liquidity is resting right under them.
🚦At the moment this is the best that I could find.
⚪ BUY ZONE: 2003.81 - SL 27-30pips
⚪ BUY ZONE: 1996 - SL 27-30pips
Trade smart, not hard - Like 👉🏻 Share 👉🏻 Follow 💯
Do your own analysis before entering a trade. No financial advice.
GOLD Going Down | Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
XAUUSD D1 - Short SetupXAUUSD D1
Nicely sat on our sell zone here, trading just shy of daily and H4 supply, I think we may be able to see 1940/oz. If so, this may be an area we look to signal and sell short dependant on the time of day and what's round the corner (ADP employment figures).
We will keep an eye on this, as it stands, stops would sit at around 100pts which is a little large for our liking, if we can grab something closer to 50-70 the would be more attractive.
XAUUSD - Bears fail to find acceptance, Where to Next ?Gold has been on a rollercoaster this week with whipsaw price action sending mixed signals. A week that promised a lot did deliver on the volatility front but failed to provide any clarity on the possible direction of Gold prices moving forward. At the time of writing Gold trades at $1,954, just a smidge higher than last weeks close.
The Fed's decision on Wednesday led to significant selling pressure on the USD, causing Gold to rebound on Thursday from its 3-month low. Market participants were confused by the Fed's pause and future economic forecasts. Fed upgraded their highest interest rate outlook to 5.6% from 5.5% with Chairman Powell ruling out rate cuts until 2023, making the USD's depreciation more interesting.
XAUUSD H4 - Neutral XAUUSD H4 🥇
Not entirely sure what's favourable at the moment from this 1960/oz price. But we have indicated our obviously buy zone and obvious sell zone. Lets see what unfolds and wait until out alerts trigger.
9R measured from resistance to support, and 5R measured from support to resistance.
Gold Analysis and Trade Idea for 20-Mar-2023Ok so market is at resistance level and we can see the resistance at 1990 and market can give fake breakouts up-to 1994 so till that price I won't recommend buy. While we can see a 4H bearish divergence which is indicating that market is going to drop this price level so my bet is for short term bearish market that can go up-to 2-3 days. What I will do in this market is scalping i'll short the price from 1990 with sl 1994 and log it near 1960 with sl of 1958. If it is an accumulation phase then market can give us multiple successful entries. This is my plan until se see the break either upwards or downwards. Overall trend is bullish so market can go up for $2007 before going further down.
GoldViewFX - 1H & 4H CHART UPDATEHey Everyone,
As you can see our 4H swing range did exactly what it says on the tin and gave a nice bounce on the swing range to capture 50 to 100 pips.
1H CHART UPDATE
EMA5 cross and lock below 1825 opened structure support, which was hit perfectly at 1809 and gave the perfect bounce. We took a buy and trailed it to 1820 for a safe exit. We will need to see a challenge and break above 1825 to resume with Bullish movement up towards the back to benchmark area of the breakout.
Price is still sitting between the structures and therefore another structure support test is not out of the question. A break below structure support will open the lower levels
The long-term outlook is still bullish, as rates will inevitably wind down at some point, giving gold a boost. All the gains for gold last week were eroded yesterday but the metal still looks resilient and even more so given that the 10 year bonds have retraced back to the 4% area. Market participants are keen not to roll over their longs quite yet and will wait for signs of a sell-off below major support levels. Position traders are keen to hold on to their entries from where they deem to be the bottom. Where that bottom actually is depends on what happens next week. All eyes will be on the data so keep it light and tight.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD And Why Trading Levels Must Be Broken Down..So here's another one that you may not see today.
When you RE attack levels and there is quiet Market Sentiment you will get scalpers markets..
In other words, price formations that previously occurred will occur again.
If you do not know what this means, it is a good idea to find out now in the Video.
Trade Small and Trade Safe
GOLD Full Analysis With Really Profitable Setup This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.