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Xauusd(w)

GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking and playing out perfectly, as analysed. 2904 AXIS target was hit previously completing this level and also into the channel top for the perfect finish and rejection. We then stated that we now have body close above 2904 AXIS but will need ema5 lock to confirm 2959, although the channel top is acting as resistance and therefore will need some ranging movement within the channel so it can slowly ascend into the 2959 respecting the channel dynamics. - This is playing out perfectly, we got the cross and lock but the channel top is acting, as resistance but we are slowly ascending with the channel for the 2959 gap, which just fell short buy a few pips but we were able to take over 200 pips clean. We also 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. 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 like this 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
6
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. Previously we stated that after completing 2729 and 2856, we were left with a very small body close above 2856 last week leaving 2976 open and we stated that will need ema5 lock to further confirm this and ema5 was still yet to lock but we still got a nice push up over 700 pips. This is still the case with EMA5 yet to lock, however last weeks body close still gave us the confirmation for the push up with another run over 500 pips. The full long term gap still remains open. Once again we prove the safest way to chase this Bull in this range is from dips. 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
5
Bullish & Bearish Reversal Divergence Trading in Forex🔍 Bullish & Bearish Reversal Divergence Trading in Forex: A Detailed Overview Divergence is a powerful concept in technical analysis — it helps spot potential trend reversals and momentum shifts. Let’s dive into the details with clear strategies and some visual flair! 🚀 🧠 What is Divergence? Divergence happens when price action and a technical indicator (like RSI, MACD, or Stochastic) move in opposite directions. This hints that the current trend is losing strength and a possible reversal is coming. 📈 Types of Divergence 🐂 Bullish Reversal Divergence (Buy Signal) Price: Makes lower lows ⬇️ Indicator: Makes higher lows ⬆️ Meaning: Sellers are losing momentum; buyers might take over soon. Signal: Potential uptrend reversal ahead. 🔑 Key Confirmation Tools: Support zone bounce 🛑 Bullish candlestick patterns (Hammer, Engulfing) 🕯️ Increased buying volume 📊 💡 Example Setup: RSI makes a higher low while price drops lower — prepare for a long (buy) position. 🐻 Bearish Reversal Divergence (Sell Signal) Price: Makes higher highs ⬆️ Indicator: Makes lower highs ⬇️ Meaning: Buyers are losing strength; sellers could take control. Signal: Potential downtrend reversal ahead. 🔑 Key Confirmation Tools: Resistance zone rejection 🚧 Bearish candlestick patterns (Shooting Star, Engulfing) 🌑 Increased selling volume 📉 💡 Example Setup: MACD makes a lower high while price pushes higher — prepare for a short (sell) position. 🛠️ Best Indicators for Divergence Trading RSI (Relative Strength Index) – Tracks overbought/oversold conditions. 📊 MACD (Moving Average Convergence Divergence) – Measures momentum shifts. 💥 Stochastic Oscillator – Identifies trend strength and reversals. 🎢 🎯 Divergence Trading Strategies 1️⃣ Classic Divergence Strategy Spot bullish or bearish divergence. 🔍 Confirm with support/resistance levels. 🧱 Wait for a reversal candlestick pattern (like a Doji, Engulfing, or Pin Bar). 🕯️ Enter trade with a tight stop loss below support (for buys) or above resistance (for sells). 🎯 2️⃣ Divergence + Trendline Break Strategy Draw a trendline following the current trend. 📐 Spot divergence as the trend loses strength. 🚨 Wait for a trendline breakout for extra confirmation. 💥 Enter trade on the break and retest of the trendline. 💯 3️⃣ Divergence + Moving Average Strategy Spot divergence between price and indicator. 📉 Use a moving average (MA) like the 50 EMA or 200 EMA to confirm the trend shift. 📈 Buy when price crosses above the MA after bullish divergence. 💚 Sell when price crosses below the MA after bearish divergence. ❤️ ⚠️ Common Mistakes to Avoid 🚫 Ignoring confirmation: Always wait for candle closes or breakouts. 🚫 Forcing divergence: Only trade when divergence is clear. 🚫 Skipping risk management: Use a stop loss and position sizing. 🚫 Overtrading small timeframes: Higher timeframes (4H, Daily) offer more reliable signals.
Education
by ProjectSyndicate
28
GOLD (XAUUSD): One More Consolidation Since Wednesday, Gold started to consolidate within a horizontal channel on a 4H. To buy Gold with a confirmation next week, wait for a breakout of the resistance of the channel. It will initiate a movement higher at least to 2975. Alternatively, a bearish breakout of a support of the channel can trigger a local correctional movement at least to 2906. Wait for a breakout, it will provide a reliable confirmation. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
3
GOLD SHORT | SELL THEORY [24/02-01/03]From what I’m seeing price is seemingly fatigued. There was a credible break on the 4H chart though - which is low-key worrying, HOWEVER on the daily chart? Sweeps on sweeps - which to me certify that price will be seeking a reversal of some sort at some point. Once one of the printed lows gets violated by price (as drawn on the chart - with a candlestick) the sell will be confirmed. I had a potential trade with actually played out nicely but I didn’t enter it, which I’m cool about as I wasn’t sure. I won’t be trading Gold until I actually get confirmation.
OANDA:XAUUSDShort
by saintprincevvs
GOLD: Retesting trend support before the NEWS.: 🚀 XAU/USD Bullish Outlook – Ascending Channel Holding Strong! 📈 🔹 Gold Spot (XAU/USD) – 1H Chart Analysis 📊 Current Price: $2,937 🎯 Target 1: $2,960 🎯 Target 2: $2,980 🛑 Invalidation: Break below the trendline 📌 Key Insights: ✅ Ascending Channel Intact: Gold is trending within a well-respected ascending channel, with price bouncing off the lower boundary, signaling bullish strength. ✅ Strong Support & Liquidity Areas: The recent Fair Value Gap (FVG) and Break of Structure (BoS) indicate key liquidity zones where buyers have stepped in. A confirmed Change of Character (ChoCh) suggests a shift back to the upside. ✅ Bullish Momentum Building: Price recently bounced off trendline support, forming higher highs & higher lows – a textbook bullish structure. If momentum holds, we could see $2,960 - $2,980 in the coming sessions. 🚨 Risk Management: A break below the trendline could invalidate this bullish setup, potentially leading to a drop toward $2,900 support. 📢 Do you think Gold will hit $2,980? Comment below with your thoughts! 👇👇 #Gold #XAUUSD #Trading #Forex #TechnicalAnalysis #AscendingChannel #BuySignal 🚀🔥
FX:XAUUSDLong
by NexusTradesZone
Gold sideways consolidation below ATHThe GOLD (XAUUSD) index pair price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an overbought consolidation after reaching the all time high on 20th Feb ‘25. The key trading level is at 2900 level, the consolidation price range and also the current daily pivot level. A corrective pullback from the current levels and a bullish bounce back from the 2900 level could target the upside resistance at 2931 followed by the 2950 and 3000 levels over the longer timeframe. Alternatively, a confirmed loss of the 2900 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2879 support level followed by 2865. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation
GOLD → Retest of trend support before the NEWS FX:XAUUSD is forming a false breakdown of the lower boundary of consolidation and support of the uptrend within the correction. Traders are waiting for S&P Global PMI indices in the US. The gold price has rolled back from the record $2,955, but still retains chances for growth continuation. The decline is due to profit taking as traders prepare for the release of the S&P Global PMI indices in the US. The PMI data may affect the expectations for the Fed to cut interest rates. Nevertheless, a possible price drop on the back of strong PMI data could be short-lived if Trump's new tariff plans reignite demand for safe-haven assets. While gold may continue to correct, any drawdowns are likely to be seen as a near-term buying opportunity Resistance levels: 2933, 2939, 2946, 2955 Support levels: 2924, trend support A false breakdown of the uptrend support is forming. If the bulls hold their defenses above the key area, gold may continue its rise in the short to medium term. But, the short-term outlook depends on the news Regards R. Linda!
FX:XAUUSDLong
by RLinda
7
Gold’s Bull Trap? Major Reversal Incoming!As I expected in yesterday's post , Gold ( OANDA:XAUUSD ) started to rise from the Support zone($2,919-$2,905) and bounced exactly on my hypothesized lines , and I hope you were able to profit. Gold failed to break the Resistance zone($2,948-$2,940) . And it appears to have created a Bull Trap . In terms of the Elliott wave theory , Gold seems to have completed the main wave 5 , and one of the signs for me was the Bull Trap . I expect Gold to fall to at least the Support zone($2,919-$2,905) after breaking the Uptrend lines . ( Next targets are also possible ). Note: If Gold can go over the Resistance zone, we can expect more pumps. Be sure to follow the updated ideas. Gold Analyze ( XAUUSD ), 30-minute time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
7
GOLD ROUTE MAP UPDATEHey Everyone, We finish off another great week, with all our chart ideas playing out, as analysed. After completing our Bullish targets yesterday, we stated that the last move up on the cross and lock gave over 200 pips but just short of the full gap at 2959. We also stated that, as long as we have no lock below 2928, we are good to buy dips into this range for now. - This played out perfectly continuing to support above 2928, allowing us to buy dips safely BULLISH TARGET 2890 - DONE 2928 - DONE EMA5 CROSS AND LOCK ABOVE 2928 WILL OPEN THE FOLLOWING BULLISH TARGET 2959 We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete. 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
9
GOLD | Key Pivot Holding – Breakout or Rejection?GOLD Technical Analysis – February 21, 2025 Gold is currently trading within the pivot range at $2,935, showing consolidation. The price is still indecisive, and further movement depends on the next breakout. The price is trying to touch $2918 from $2935, which means as long as trades below $2935. 📉 Bearish Scenario: If Gold closes below $2,918 and confirms with a 4H candle, it may continue its decline toward $2,907 and $2,895. A breakdown below $2,873 will extend losses toward $2,860 and $2,840. 📈 Bullish Scenario: Stability above $2,935 could push the price toward $2,956 and $2,974 in the next bullish attempt. A breakout above $2,974 may lead to further highs. Key Levels: Pivot Line: $2,935 Resistance Levels: $2945, $2,956, $2,974 Support Levels: $2,918, $2,895, $2,873
OANDA:XAUUSDShort
by SroshMayi
2
XAU/USD : First SHORT,then LONG! But...! (READ THE CAPTION)On the one-hour gold chart, we can see that yesterday, the price corrected from the $2943 level down to $2918 before encountering strong demand. This led to a bullish move, with gold reaching a new high of $2955 today. Before targeting the next resistance zone at $2966 - $2969, a slight pullback is likely. This analysis will be updated accordingly. Enjoy the ride, folks! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
15
Can the gold bullish force continue? Interpretation of European From the current observation, the 2922-2925 range constitutes the current main resistance zone. Once the gold price successfully stands above 2925, the breakthrough of the previous high of 2930-2942 will be just around the corner, and the market is bullish. The 2911-2909 area below has built a solid support line. As long as the support is not effectively broken, the gold price is expected to continue the bullish trend during the European session. Therefore, for European trading, we recommend that the callback is mainly long, and the rebound is supplemented by high shorts, and a steady layout is made, waiting for good news. Operation strategy 1: It is recommended to pull back to 2912-2907 long, stop loss 2900, and the target is 2925-2930. Break to see 2945. Operation strategy 2: It is recommended to try to go short near the rebound 2937, stop loss 2945, and the target is 2915-2905.
TVC:GOLDLong
by x7p2x7p2