GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Quick update on our weekly chart idea, it's been playing out beautifully, helping us track the move down and catch the move back up.
The weekly chart structure is unfolding in line with prior analysis. Price action reached the upper boundary of the ascending Goldturn channel and temporarily broke above it; however, the EMA5 remained confined within the channel, validating the upper trendline as dynamic resistance.
A sustained EMA5 breakout above the channel would have confirmed a potential continuation of the breakout. Currently, price is consolidating within the Goldturn channel, with the 3189 level acting as immediate support. The channel half line of the channel may serve as a stronger swing support area, though price may not retest this level immediately. As the channel continues its upward trajectory, the midline will also rise, potentially aligning with price in future upward movements.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings.
Thanks again for all your likes, comments, and follows, we really appreciate the support!
Mr Gold
GoldViewFX
GOLD trade ideas
XAU.usd watch $3407/18: Key Resistance and end of "Wave B" ?Part of my ongoing analysis of Gold (see below).
Per the last plot, we bounced exactly where hoped.
We may well be at "Wave B" end point near $3400.
This is bears best and last chance to get a lower low.
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Last Plot that caught our bounces EXACTLY
Previous Plot called the last Dip Entry EXACTLY
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I will post updates on this Idea as price action progresses.
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Please follow and like, for more EXACT plots to use in your trading.
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Bullish Breakout Defies Trade Uncertainty and Global TensionsOANDA:XAUUSD Gold remains firm near $3,333, holding a bullish structure after a breakout above multi-year resistance. While short-term pullbacks persist, geopolitical tensions and a Fed pause continue to support safe-haven demand. Trump's refusal to ease China tariffs dampens trade optimism, further boosting gold's appeal. Key support lies around $3,333 and $3.273.
Resistance : $3,414 , $3,474
Support : $3,333 , $ 3,273
Analysis of gold for next weekThis week, the price range of gold was $200. It finally closed as a positive candlestick with an upper shadow, and the length of the shadow was comparable to that of the real body. This indicates that the bulls and bears were evenly matched. Overall, it showed a pattern of wide-range oscillation. In the short term, it maintained an oscillation at a high level, adopting a corrective method of exchanging time for space, which is favorable for the bulls. The fundamental factors supporting the bulls have not changed at present, so it can't be said that there is a trend reversal. Since it has risen a lot, it just needs a new round of accumulation of upward momentum, and there will be an oscillating process. This is in terms of the long-term cycle. There will be news over the weekend, which is bound to impact the market next week. The price of gold will temporarily continue to fluctuate violently, and it is expected that this will be the norm throughout May. As time goes by, the 10-week moving average (MA10) will gradually move upward, and this position should be closely watched in the later stage. In the past, the biggest pullbacks all relied on this support to move upward, and whenever there is a significant downward adjustment, it is an opportunity to go long.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
GOLD DAILY CHART ROUTE MAP UPDATEHey Everyone,
Here’s the latest update on our daily chart idea, it’s been playing out perfectly!
The daily chart is unfolding as projected, with price action respecting the structure of the Goldturn ascending channel. A breakout above the channel was confirmed by the EMA5 crossing and closing above the upper boundary. This move extended to test the 3433 Goldturn axis level, where price met resistance. Notably, EMA5 failed to sustain a close above 3433 Goldturn level, confirming a lack of bullish momentum and validating a rejection. Price has since reversed, re-entering the channel.
Below, broader support is identified around 3104, which aligns with the channel’s half line. While this level may not be reached immediately, the current price range between 3297 and 3104 is significant. We may observe continued consolidation within this zone, with the half line gradually ascending. This dynamic could result in price interacting with the half line earlier than a direct move to 3104, providing potential bounce opportunities best monitored through lower timeframes for refined entries and validations.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings.
Thank you all again for your continued likes, comments, and follows, we truly appreciate your support!
Mr Gold
GoldViewFX
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 3282 and a gap below at 3224. 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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3282
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3224
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE FOLLOWING RETRACEMENT RANGE
3190
3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SWING RANGE
SWING RANGE
3088 - 3046
EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3015 - 2988
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
Hanzo : Gold15m : Reversal Zone / Next Move is Confirmed🆚 Gold – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
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💯 Main Focus: Bearish After Retest at 3354
We are watching this zone closely.
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👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 3350
• Liquidity Grab + CHoCH at 3400
• Strong Rejections seen at:
➗ 3325 – Major support / Key level x5 Retest
➗ 3360 – Proven resistance
Gold (XAUUSD) Elliott Wave + AO Analysis (1H Chart) – 10 May 20Overview:
This 1-hour chart on XAUUSD highlights a clear 5-wave Elliott impulse, confirmed with Fibonacci extensions and the Awesome Oscillator (AO). Current structure suggests Wave (5) is in play, offering a high-probability short opportunity from the Wave (4) retracement zone.
🧠 Elliott Wave Count:
Wave (1): Initial bearish leg
Wave (2): Minor corrective pullback
Wave (3): Strong impulse confirmed by AO convergence
Wave (4): Corrective structure that respects the top of Wave (1) — valid Elliott structure
Wave (5): Now in progress, supported by AO divergence → momentum weakening
📌 Note: Wave 1 and Wave 3 are commonly measured using AO convergence, validating the strength of the impulse waves. Conversely, Wave 5 is often identified by AO divergence, signaling trend exhaustion.
📐 Fibonacci Extension Targets (Measured from Wave 4):
Expected zone for Wave (5) termination:
1.618 Fib: $3,312.17
2.618 Fib: $3,280.25 (most common)
4.236 Fib: $3,255.05
4.886 Fib: $3,241.30 (extreme extension)
📉 Wave (5) often terminates at 2.618 or 4.236 Fibonacci levels, especially when supported by AO divergence.
📊 AO (Awesome Oscillator) Insights:
✅ Wave (1) to (3): Clear convergence validates impulse
🚨 Wave (5): AO showing divergence = weakening sell momentum
Confirms Wave (5) status and end-stage trend behavior
🛠️ 🔴 Short-Only Strategy: Trade Wave (5) From Wave (4)
Entry Criteria:
Short initiated near the Wave (4) zone (~$3,330–$3,347)
Strong rejection candle (e.g., engulfing, pin bar) or breakdown confirmation
AO turning from green to red or histogram weakening
Stop Loss:
Above Wave (4) high = ~$3,347
Take Profit Levels:
🎯 TP1: $3,312 (1.618 Fib)
🎯 TP2: $3,280 (2.618 Fib)
🎯 TP3: $3,255 (4.236 Fib)
🎯 TP4 (optional final target): $3,241 (4.886 Fib)
Risk Management Tip: Adjust position sizing to align with stop above Wave (4) and TP zones at Fib targets.
🧩 Final Thoughts:
✅ High-probability bearish structure from Wave (4)
🚫 No bullish setups considered — focus is only on shorting Wave (5)
🔍 AO confirms both impulse strength and trend exhaustion via convergence/divergence
📐 Fibs align with standard Wave (5) projections
📈 Chart Context:
Gold (XAUUSD) – 1H timeframe
Indicators: Elliott Wave, AO, Fibonacci
Analysis Date: 10 May 2025
Bias: Bearish only
XAU / GOLD🌟 GOLD: THE BIGGEST TRADE OF SUMMER 2025
XAU/USD Forecast
📈 PHASE 1: SHORT-TERM RALLY (after small correction to 3172$)
We expect a bounce toward the $3,789–$3,800 resistance zone.
🔴 PHASE 2: THE SHAKEOUT
May 27 SELL ZONE.
After May 27, the cycle flips.
Expect a violent correction, retracing into key support around $2,880–$2,970 or even lower.
🟢 PHASE 3: THE BUY ZONE — July 13 +/- few days.
Mid-July marks the ideal long-term entry into TVC:GOLD before the explosive move.
🚀 PHASE 4: THE BREAKOUT
Target: ATH above $4,000 by late summer
Yes, EUROTLX:4K + gold is coming — but only after the market resets.
Gold Rebounds Amid Geopolitical TensionsOANDA:XAUUSD Gold (XAU/USD) bounced back to $3,330 amid escalating global tensions, including renewed conflicts on the Russia-Ukraine front and flare-ups along the India-Pakistan border. Safe-haven demand supported the rebound, but the upside may be limited as markets watch US-China trade talks and digest the limited US-UK trade deal. Technically, gold remains in a corrective phase below the $3,365 resistance zone. A clean break above this level could trigger a retest of the $3,413 supply zone. Otherwise, bears may drag it back toward $3,289 and $3,239 support. Traders watch closely for clarity from today’s FOMC speakers.
Resistance : $3,330 , $3,364 , $3,413
Support : $3,289 , $3,239
GOLD RISKY SHORT|
✅GOLD keeps growing
While trading in an uptrend
So we are bullish biased long-term
But the price is about to retest
A local horizontal resistance
Of 3370$ from where we will
Be expecting a local pullback
But we advise you to use low
Risk because it is
A counter-trend trade
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold falls under pressureAlthough gold surged in the morning, it continued to fall in the afternoon and fell to 3320. Currently, gold rebounded moderately, but it is still under pressure after the sharp drop. The adjusted golden section line position, the 0.5 position of this wave of decline is the 3320-3318 area. The price bounced when it was touched for the first time. Going down, we need to pay attention to the 0.618 position 3288 area, which is close to the four-hour lower track 3284 area. The two together become the support area. The excess range is the double-line lower track 3270 on the hourly chart. Tonight, it is still a rebound to short, and pay attention to the 3370-74 line resistance situation above.
XAUUSD TAKE RESISTANCE FROM TRADE LINEHere I Created This XAUUSD Chart Analysis
Pair : XAUUSD (Gold)
Timeframe: 1- Hour
Pattern: Resistance Level
Momentum: Bearish/ SELL
Entry Level : SELL 3327
Resistance zone : 3335
Target Will Be : 3300 / 3272
Disclaimer : This signal is based on personal analysis for learning purposes. Trade at your own risk and always use proper risk management.
Bullish Airlines Cleared for Altitude!After squinting at the 4H chart like Sherlock with a caffeine addiction, I’ve confirmed: our price broke out of a flag pattern like it was tired of napping. It even did the polite thing—came back to retest—like, “Excuse me, just checking if I actually broke out. Yep. Cool.”
Now it’s back on its bullish treadmill, charging uphill like a gym bro after pre-workout.
As long as we’re above 3200, this beast might just pump harder than Bitcoin on caffeine and hopium.
🎯 Final destination? 161.80% Fib extension at 3580.22—aka “Mount Take Profit.”
Pack snacks. It’s a climb.
Gold is in the Bearish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold Daily Sniper Plan - XAUUSD May 9🔹 XAUUSD – Daily Sniper Plan | May 9, 2025
🎯 Precision Mode: Activated. No recycled zones. Only real-time flow.
🧠 Macro Context:
• Market digested FOMC + Powell ✅
• Price dipped into 3284 sniper zone (✅ Reaction Confirmed)
• Asia printed fresh CHoCH from discount → Now retesting
• Bias: HTF bullish — LTF shift confirmed after deep mitigation
• Today = Thursday → Keep eyes on volume traps before NY
🔍 Structure Summary:
• D1–H4: Bullish trend intact, reaction from strong OB near 3284
• H1–M15: Internal BOS + CHoCH + FVGs filled, clean transition
• Major HL defended. New short-term HH printed → demand forming below.
🔻 SELL SETUPS (only from premium)
1. Sell Setup 1 – Premium FVG Trap
📍 Zone: 3348–3354
🎯 Confluence: M15 imbalance + weak high + LTF CHoCH area
🛑 SL: 3362
TP1: 3335
TP2: 3318
TP3: 3304
2. Sell Setup 2 – Extreme Supply + Liquidity
📍 Zone: 3382–3390
🎯 Confluence: Unmitigated M30 OB + Equal highs + HTF inefficiency
🛑 SL: 3401
TP1: 3360
TP2: 3335
TP3: 3310
🟢 BUY SETUPS (only after confirmation)
1. Buy Setup 1 – CHoCH Retest + OB
📍 Zone: 3303-3310
🎯 Confluence: M15 OB + previous CHoCH + demand reaction
🛑 SL: 3292
TP1: 3324
TP2: 3340
TP3: 3354
2. Buy Setup 2 – Deep Discount Sniper Zone
📍 Zone: 3284–3292
🎯 Confluence: H4 OB + FVG + 61.8% FIB retracement
🛑 SL: 3268
TP1: 3310
TP2: 3333
TP3: 3350
Bias Today: HTF bullish | LTF flipped bullish after Asian CHoCH
Scalps and reentries only from refined zones. No countertrend unless clear CHoCH/weak high is grabbed.
💬 Note:
Don’t buy or sell from the middle of nowhere. Wait for price to deliver to the zones. If price flies without you? That’s not your train. You’re waiting at your sniper station.
👇 Like the plan?
Drop a 🚀 Follow, comment, and share with your trading crew — let’s build the sharpest Gold team on TradingView
📌 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.
Interest rates, will gold prices fall sharply today?⭐️GOLDEN INFORMATION:
However, US Dollar bulls appear cautious, holding back from making bold moves as they await clearer signals regarding the Federal Reserve’s (Fed) future rate-cut trajectory. This wait-and-see stance, combined with ongoing geopolitical tensions—particularly the prolonged Russia-Ukraine conflict and unrest in the Middle East—continues to bolster demand for safe-haven assets like gold. As such, investors are likely to remain on the sidelines until the conclusion of the closely watched two-day FOMC policy meeting on Wednesday.
⭐️Personal comments NOVA:
Gold price awaits today's interest rate result, there was a good recovery above 3400 but then fell immediately after, showing that the market is not ready for the first interest rate cut if any, gold price may face strong selling pressure today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥SELL GOLD zone : 3396- 3398 SL 3402 scalping
TP1: $3390
TP2: $3380
TP3: $3365
🔥BUY GOLD zone: $3308 - $3306 SL $3301
TP1: $3315
TP2: $3330
TP3: $3345
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold falls, can it continue to fall before closing?Gold still fell in the morning, but it made a V-shaped reversal after bottoming out and rebounding, slightly breaking the morning high of 3323 and touching the pressure line of 3330. This trend is very subtle, which means that the support here is strong at 3274. You can be bearish but not too bearish. Focus on the support line of 3300 and see the rebound strength of the European session. If the European session stands on the pressure line of 3330, then consider shorting around 3360 in the evening, and the US session will be volatile. If the rebound strength of the European session is limited and it is always suppressed below 3330 and goes sideways, then you can continue to be bearish directly, and the support below is 3270-3253. If it breaks above 3330, then you have to pull back and do more.