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GOLD ROUTE MAP UPDATEHey Everyone, Quick follow up on our 1H chart route map: What can I say.....pure perfection on our chart analysis as everything played out exactly as expected. Yesterday, we identified the first level of the swing range at 3289, which delivered a clean full swing into 3305. Today, we hit Level 2 of the swing range at 3267, and once again, it played out flawlessly with another full swing up to 3305. A perfect finish to the day. Great work all around! We are now looking for support above the swing range and a break above 3305 to track the movement up or further retest and break below the 1st level of the swing range may open the the 2nd level at 3267 again. 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 20 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 - DONE 3267 - 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
14
GOLD ROUTE MAP UPDATEHey Everyone, Following yesterday’s move into the 3305 retracement range, we got the expected reaction without an EMA5 lock, which further confirmed the rejection from that level and led to a clean bounce into 3228 just like we analysed. From here, we anticipate price to range between 3328 and 3305. EMA5 cross and lock above 3328 or below 3305 will be key to confirming the next directional move. We’ll continue to monitor for that confirmation and adjust accordingly. 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 20 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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
14
Gold in PRZ + TRZ: Is a Bullish Reversal Brewing(Short-term)?Gold , as I expected in yesterday's idea , fell to the Potential Reversal Zone(PRZ) and started to rise again . Today's Gold analysis is on the 15-minute time frame and is considered short-term , so please pay attention . Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) . In terms of Elliott Wave theory , it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel. I expect Gold to trend higher in the coming hours and rise to at least $3,311 . Note: Stop Loss (SL) = $3,267 Gold Analyze (XAUUSD), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put a 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:XAUUSDLong
by pejman_zwin
32
XAUUSD Update – Down Continuation to 3250?1. What Happened Yesterday After an anemic correction that formed a bearish flag, Gold finally broke below 3300 and even dipped under the 3280 support zone — which was my primary downside target. While the move during the day didn’t have enough momentum to reach my second sell limit, I was already in a low-volume short position, so I didn’t miss the move entirely. 2. The Key Question Has the drop ended, or are we looking at further downside? 3. Why I Expect More Downside • The overall structure remains bearish. • The newly formed resistance (previous support) is now the new sell zone. • If the price drops towards 3280 again, continuation to 3250 becomes very probable. 4. Trading Plan Selling rallies remains the preferred strategy, especially on spikes into resistance. As long as the price stays below 3335-3340 zone, the bearish outlook remains intact. 5. Conclusion Sell the rallies. The technical picture still favors downside continuation — no need to overcomplicate it. 🚀 Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
18
Mechanical vs. Anticipation Trades: The Fine LineWhen traders talk about discipline, they often refer to following rules — sticking to a plan, being methodical, and avoiding emotional decisions. But there's a subtle and powerful difference between being rule-based and being blindly mechanical. And even more, there's a moment in every trader’s process where discipline demands adaptation. Let’s look at a recent trade on Gold to understand this better. On Thursday, I published an analysis on Gold stating that the recent breakdown of support had turned that zone into resistance. A short entry from that level made sense. It was mechanical, clean, and aligned with what the chart was showing at the time. And, at first, it worked. Price rose into the resistance area and dropped. Perfect reaction. Textbook setup. Confirmation. The kind of trade you want to see when following a rule-based system. But then something changed. Price came back. Quickly.(I'm talking about initial 3315-3293 drop and the quick recover) So, the very next rally pushed straight back into the same resistance area, hmmm...too simple, is the market giving us a second chance to sell? That was the first sign that the market might not respect the previous structure anymore. It dipped again after, but the second drop was different: slower, weaker, choppier. That told me one thing: the selling pressure was fading. So I shifted. From mechanical execution to anticipatory mindset. This is where many traders struggle — not because they don’t have a system, but because they don’t know when to let go of it. Or worse: they abandon it too quickly without cause. In this case, the evidence was building. The failed follow-through. The loss of momentum. The compression in structure. All signs that a reversal was brewing. Rather than continuing to blindly short, referring to a zone that no longer held the same weight, I started looking for the opposite: an upside breakout and momentum acceleration. That transition wasn’t based on emotion. It was based on market behavior. ________________________________________ Mechanical vs. Anticipation: What’s the Real Difference? A mechanical trade is rule-based: • If X happens, and Y confirms, then enter. • No need for interpretation, no second guessing. • It can (in theory) be automated. An anticipatory trade is different: • It’s about reading intent in price action before confirmation. • Higher risk usually, but higher reward if you’re right. • Can’t be automated. It requires presence, experience, and context. And the tricky part? Often, we lie to ourselves. We say we’re "mechanical" while actually guessing. Or we think we’re being smart and intuitive, when in fact, we’re being impulsive. The key is awareness. In my Gold ideas, the initial short was mechanical. But the invalidation came quickly — and I was alert enough to switch gears. That shift is not a betrayal of discipline. It’s an upgrade of it. ________________________________________ Final Thoughts: Discipline is not doing the same thing no matter what. Discipline is doing what the market requires you to do, without emotional distortion. And that, often, means walking the fine line between the setup you planned for, and the reality that just showed up. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDEducation
by Mihai_Iacob
19
Hellena | GOLD (4H): LONG to area of 3370 (Wave 2).Colleagues, gold is once again disrupting our plans, and I have to revise the wave marking. It's not easy, but the most important thing is to keep doing it. Now I'm back to the previous marking — the price is in wave “2” correction. To complete this wave, the price needs to overcome the level of wave “W” of the middle order 3246.82. Then the correction will be completed and wave “3” will begin an upward movement. I see the minimum target in the area of the 3370 level. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
23
GOLD ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart route map. Gold continued its bearish momentum into today, hitting our bearish target at 3238, while leaving the 3348 bullish gap still open. After a break below 3328, price followed through and hit 3305, entering our key retracement range, which gave the bounce to manage any premature positions on the top. We’re now watching closely for a reaction at this level. A clean EMA5 cross and lock below 3305 will open the path toward the swing range. However, failure to lock below this level could trigger a bounce from here. This is a pivotal area for the next directional move. 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 20 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 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 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
19
THE KOG REPORT - UpdateEnd of FOMC Update: Thank you. RED BOX TARGETS: Break above 3335 for 3338, 3340, 3345, 3347 and 3357 in extension of the move Break below 3320 for 3310✅, 3306✅, 3302✅, 3297✅ and 3393✅ in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
28
Lingrid | GOLD Weekly Market Analysis: Strong Bullish ReboundOANDA:XAUUSD market has demonstrated resilience with a strong bullish rebound following the NFP, suggesting that institutional buyers are stepping in at critical support levels. The precious metal is now testing key resistance zones that will determine whether the recovery can gain sustainable momentum. The chart reveals a compelling technical setup with gold bouncing strongly just above the June low support zone around $3,265. This rebound has pushed price back above the $3,330 level and is now approaching the critical $3,400 resistance area. The strong bullish rebound after the NFP release indicates that the selling pressure faded, with buyers emerging at attractive levels near the June lows. The previous pullback phase has been contained within the broader ascending channel structure, maintaining the overall bullish framework. The triangle pattern breakout to the downside appears to have been a false move, with the current rebound suggesting that the correction may be complete. The ability to hold above the previous week low has preserved the medium-term uptrend structure. Key levels to monitor include the immediate resistance at $3,400 and the previous support-turned-resistance at $3,330. A decisive break above $3,400 would likely trigger renewed bullish momentum toward the $3,440-$3,465 zone, while failure to sustain above $3,330 could see another test of the June low support. The strong rebound from critical support levels suggests that the broader bullish bias remains intact, with this correction potentially setting up for the next leg higher. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
OANDA:XAUUSDLong
by Lingrid
14
Gold - Eyes on the Final Flush Before ReclaimGold recently dropped after reacting perfectly inside a higher time frame fair value gap. That zone acted as clean supply, offering a precise close within the imbalance and initiating a strong bearish leg. The move confirmed that buyers were overwhelmed at that level, and price began its descent back into a broader consolidation range. Support Cluster and Fibonacci Alignment The current zone being tested holds significant weight. Price has tapped into a clear support region, one that has already caused multiple strong bounces in recent sessions. What adds further confluence is the alignment of this zone with the golden pocket region of the entire upward leg. This kind of technical overlap increases the chances of responsive buying once liquidity is cleared below. Liquidity Target and Inducement Setup Just below current price action, there's a clean low that hasn't been taken out yet. This low acts as the inducement, sitting right above deeper Fibonacci levels, especially the 0.702. If price continues lower in the short term, a sweep of that low into the golden pocket would provide the ideal liquidity grab before a reversal. The market often rewards those who wait for that final flush. Bullish Recovery Path Once the liquidity is taken and price stabilizes at the golden pocket zone, the path is open for a recovery move back into the midrange and potentially higher. The most likely magnet for price after a successful bounce would be the previous resistance zone, which coincides with the 0.5 retracement of the recent drop. That area should act as the next decision point and could either cap the rally or provide the base for a continuation if buyers show strength. What I’m Watching The cleanest scenario would be a sweep of the low just below support, ideally pushing into the lower green box near the 0.702 level, followed by a strong bullish reaction. I’ll be watching for a market structure shift on the lower timeframes at that point to confirm the entry. If that happens, the trade has room to develop back into the prior resistance zone, offering a solid range for intraday or swing setups. Conclusion Gold remains in a broader range for now, but the technicals suggest one more drop to clear late long positions before a recovery. The reaction at the support cluster will be crucial. If bulls step in after the sweep, there’s a high-probability path back toward resistance, with the move likely supported by the golden pocket confluence. ___________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
CAPITALCOM:GOLDLong
by TehThomas
75
Gold Breakdown Hints at Continued Bearish MomentumThe XAUUSD chart on the 4-hour timeframe reflects a bearish sentiment, as the price has broken below a key trendline and is now trading under the Ichimoku cloud. Multiple rejections from the same resistance area suggest strong selling pressure. The structure shows a consistent pattern of lower highs, indicating weakening bullish momentum. After breaking key support, the price made a retest of the broken zone and failed to reclaim it, confirming bearish continuation. The highlighted resistance area has proven to be a significant supply zone. As long as the price stays below this zone, the bearish outlook remains intact, and a downward move is likely in the coming sessions. Entry Sell: 3342 Target point: 3248 Stop Loss : 3362 If you found this analysis helpful, don’t forget to drop a like and comment . Your support keeps quality ideas flowing—let’s grow and win together! 💪📈
FOREXCOM:XAUUSDShort
by Trend_logic
9
Gold Showing Signs of Reversal After Hitting Key ResistanceHello Guys. Gold has reached a major resistance zone around 3439–3425, which has already acted as a strong ceiling in the past. The price tapped into this area again, forming a clear divergence, and failed to break higher. Here’s what stands out: Divergence signals a weakening bullish momentum at the top. The price rejected the resistance and is now breaking structure to the downside. A minor pullback may occur before continuation, as shown in the projected moves. First target: 3259.792 Second target (if support breaks): 3136.869, a deeper zone for potential bounce or further drop. This setup hints at a bearish trend building up. Stay cautious on longs unless the price structure changes again.
OANDA:XAUUSDShort
by melikatrader94
26
The correction is quite surprise. What direction for GOLD price?✏️Quite surprised with the adjustment of gold at the end of the previous trading week. The rising price channel is still holding around the lower border of the price channel around 3316. A liquidity sweep and candle wick removal in this area is considered a good buying opportunity. If h1 closes below this border, limit trading BUY signals until the bottom support of 3286. When the price can close the candle below 3316, gold will trade in a wide range and there is no main trend dominating the market. 📉 Key Levels Support: 3316-3286 Resistance: 3372-3400-3418 Buy trigger: Reject and Trading above 3316 BUY DCA Break 3372 Target: 3400 SELL Trigger: Break bellow and Retest 3416 Leave your comments on the idea. I am happy to read your views.
OANDA:XAUUSDLong
by VHT_Trader
37
XAUUSD under pressure – Is the downtrend just beginning?Hello everyone! What do you think about XAUUSD right now? Yesterday, XAUUSD extended its decline and is currently trading around 3,315 USD. The recent drop in gold prices was mainly triggered by a stronger US dollar, following a trade agreement between the US and the European Union (EU). From a technical perspective, the short-term outlook shows the beginning of a new downtrend. Notably, we see a bearish crossover in the EMA 34 and 89, along with a break of the previous upward trendline—both reinforcing the current bearish momentum. If there’s a pullback before the next leg down, the 0.5–0.618 Fibonacci retracement zone (which also aligns with resistance and the EMAs) will be a key area to watch. This could be an ideal level for potential trade setups. Looking ahead, the next support target is around 3,300 USD. If that level breaks, gold might aim for the 32XX region. Do you think XAUUSD will continue to fall? Drop your thoughts in the comments! Wishing you successful and profitable trades!
OANDA:XAUUSDShort
by Kevinn_Nguyen
26
GOLD DAILY CHART ROUTE MAPHey Everyone, Daily Chart Update – Another Clean Rejection: Structure Still Dominates Following up on the recent price action last week after hitting the 3433 resistance level, we got exactly what the chart warned us about. There was no confirmed break above 3433, which led to a clean rejection right back into 3272. Interestingly, the move aligned perfectly with the channel half-line, giving us another bounce right off that zone. We remain in the same structured range, with price still rotating between 3262 and 3433, a 170+ pip zone that continues to deliver high probability trade setups. Here’s where we are now: 🔹 Range Still Active Price is respecting the 3272–3433 boundaries with precision. Until we get a decisive break and hold outside this range, range bound strategies remain in play. 🔹 No Breakout = Clean Rejection The failure to sustain above 3433 confirms resistance is still valid. We're watching EMA5 for potential breakout confirmation, until then, the bias stays neutral within the range. 🔹 Channel Half-line Bounce That rejection into 3272 also matched the channel half-line and the bounce there further cements this area as critical support. Updated Key Levels 📉 Support – 3272 Still the major pivot. Buy zones remain valid here unless we see a confirmed breakdown. 📈 Resistance – 3433 Now clearly tested and rejected again. Any clean break and hold above could change the dynamic, but until then, it's solid resistance. Thanks as always for your support. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
XAUUSD – Bears in Control, but Watch for a Rebound FirstYesterday, after a small bounce from the ascending trendline, Gold broke down and printed an intraday low around $3300. Right now, the market appears bear-dominated, and further downside continuation is likely in the coming days. ________________________________________ 📉 But there’s a catch: From last week's top, Gold has dropped over 1400 pips without any meaningful correction. That opens the door for a possible short-term rebound, which could be just a setup for new short entries. ________________________________________ 📌 Key levels to watch: • First resistance: $3350 • Major resistance: $3375 – Only a daily close above this level would shift control back to the bulls 🎯 Until then, any bounce is an opportunity to sell into strength. A break below $3300 opens the path to $3280, with a likely extension toward $3250. ________________________________________ Conclusion: The trend is bearish, but don’t chase. Wait for a corrective rally, then look to sell the rip—unless bulls reclaim $3375, it’s still a bear market. Let’s see if Gold gives us the setup. 🎯 Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
19
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Weekly Chart Update – Another Clean Rejection + Bounce: Range Still in Play Just a quick follow up on the ongoing weekly structure. We continue to see incredible respect for levels, with price action playing out exactly as mapped. After the initial rejection at 3387, we got another test of support at 3281, and once again, the level held perfectly, delivering a clean rejection and bounce. Price is now rotating back upward, currently heading toward 3387, which remains the upside magnet and still open for a retest. We remain firmly inside the 3281–3387 range, and as long as neither boundary breaks with confirmation, the structure remains our dominant guide. Updated Structural Notes: 🔹 3281 Rejected Again Support doing its job to the pip. This latest bounce further reinforces the strength of this level within the weekly channel. 🔹 Back Toward 3387 With 3281 holding once more, price is now tracking toward the 3387 resistance zone, which remains the key level to break for further upside continuation. 🔹 Channel Structure Unchanged No breakdown below support, no confirmed breakout above resistance. The rising channel remains fully respected, and EMA5 still leans constructive. Updated Levels to Watch: 📉 Support – 3281 Key weekly pivot tested and held again. Continues to offer solid dip buy opportunities unless decisively broken. 📈 Resistance – 3387 Still our major resistance. It’s been tested and rejected, but remains open for another challenge. 📈 Resistance 2 – 3482 Unfilled gap and broader weekly target. Only comes into focus if we get a proper breakout and hold above 3387. Plan: We stay range focused between 3281 and 3387 until proven otherwise. No breakout = no change. Watch for signs of momentum as we approach the top again a confirmed close above could shift the game toward 3482. Until then, structure is king. Appreciate all the continued support. Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
Gold Rejected at 3315 – But Bulls Might Not Be Done Yet📌 What happened yesterday? During the Asian session, Gold printed a fresh local low at 3268, continuing the downtrend that already dropped over 1700 pips in just one week. However, that move quickly reversed, and we saw a natural corrective bounce. 📈 Resistance holds firm The correction took price back up into the 3310 zone, which acted as confluence resistance. After two taps into that area, price failed to sustain above 3300, indicating sellers are still active there. ❓ Is the upside correction over? I don't think so. The recent drop has been choppy, lacking the strong momentum of previous legs. This type of price action often signals that we are still within a correction, not in a clean continuation. 📊 What am I watching? I’m actively monitoring for: • Exhaustion signs on the downside • Upside reversal signals My plan is to open long trades only when I see confirmation, aiming for a move back toward the 3330 zone, which could act as resistance. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDLong
by Mihai_Iacob
20
Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas. 📉 Key Levels SELL Trigger: Break bottom line 3324 Target 3285, lower is the 3250 area BUY Trigger: Break and trading above 3333 BUY Trigger: Rejection and confirmation of candle at 3285 Leave your comments on the idea. I am happy to read your views.
OANDA:XAUUSDShort
by VHT_Trader
29
DeGRAM | GOLD fixed below the triangle📊 Technical Analysis ● XAUUSD is forming a bearish descending wedge within a broader symmetrical triangle, facing rejection at 3,310 near prior support-turned-resistance. ● Repeated failure to hold above trendlines and continued lower highs favor a drop toward the 3,246.56 level, with possible overshoot if support breaks. 💡 Fundamental Analysis ● Rising real yields and hawkish Fed tone continue to pressure gold; ISM Manufacturing Prices and NFP loom as next volatility catalysts. ● Reduced ETF inflows and strong dollar on resilient US macro data weigh on demand for non-yielding assets. ✨ Summary Short bias below 3,310. Breakdown eyes 3,246 → 3,200 zone. Resistance holds while trendline caps recovery. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDShort
by DeGRAM
17
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 3371 and a gap below at 3293. 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 20 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 3371 EMA5 CROSS AND LOCK ABOVE 3371 WILL OPEN THE FOLLOWING BULLISH TARGETS 3424 EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET 3561 BEARISH TARGETS 3293 EMA5 CROSS AND LOCK BELOW 3293 WILL OPEN THE SWING RANGE 3236 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 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
6