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 3344 and a gap below at 3297. 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 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
3344
EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET
3394
EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET
3438
EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET
3486
BEARISH TARGETS
3297
EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE
SWING RANGE
3236 - 3176
EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGE
SWING RANGE
3088 - 3046
EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3130 - 3078
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
XAUUSD trade ideas
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Here’s the latest update on our weekly chart setup, which has continued to play out in line with our previous projections.
Recently, price broke above the upper boundary of our Goldturn Ascending Channel a proprietary channelling method designed for greater precision and reduced noise. However, the EMA5 remains within the channel, suggesting the breakout lacks confirmation. For a true continuation to the upside, we’ll need to see the EMA5 close and hold above the channel boundary, which would validate a structural shift in trend strength.
At the moment, price is hovering above the channel, showing signs of support and minor bullish bounces. However, until the EMA5 exits and stabilizes outside the channel, we treat this move with caution.
Price is currently testing the upper channel resistance, a critical decision point on the weekly timeframe. The 3482 level remains key resistance, having previously been rejected via upper wick with no candle body close above. On the downside, 3281 and 3189 are the primary support levels to monitor, both of which align with the channel's midline, a potential zone for consolidation or swing support if price moves sideways and gradually ascends.
In summary, while early bullish momentum is visible, full confirmation of trend continuation requires alignment between price action and the EMA5 behaviour relative to the channel structure.
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 DAILY CHART ROUTE MAP UPDATEHey Everyone,
After completing our previous daily chart idea, we’ve now updated and identified a new Goldturn ascending channel on this updated chart.
Price had temporarily broken above the upper boundary of the channel; however, the EMA5 remains within the channel, indicating that this may be a false breakout rather than a confirmed move higher.
The 3433 resistance level was tested, aligning with our prior axis target. While price did reach this level, it failed to close above it, resulting in only a wick rejection. For a confirmed bullish continuation, we need to see a clear candle close above 3433, accompanied by the EMA5 crossing and holding above the channel boundary.
Further confirmation would come from a successful retest and hold above the channel, establishing new support at higher levels.
At present, 3433 remains key resistance, while 3272 acts as support. In the short term, we may observe sideways consolidation, with price potentially gravitating toward the midline of the ascending channel half line, which could act as dynamic swing support.
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
XAUUSD TRADE Entry from Support with Targets at 3,347 and 3,503Entry Point: 3,219.45
Stop Loss: 3,171.35
Target Point One: 3,347.49
EA Target Point (Final Target): 3,503.87
Trade Plan:
Risk Zone: Between entry (3,219.45) and stop loss (3,171.35). The trader risks roughly 48.1 points.
Reward Zone: From entry to:
Target Point One: ~128 points.
Final Target (EA Target): ~284.4 points.
Risk-Reward Ratios:
To Target Point One: ~2.66:1
To EA Target Point: ~5.9:1
Indicators and Signals:
Price appears to be bouncing off a support zone near 3,212–3,219, indicating a potential reversal.
200 EMA (blue) and 50 EMA (red) are shown; price is slightly above the 200 EMA, suggesting long-term support.
There is a downtrend before the bounce, so this might be a counter-trend trade or the start of a new trend.
Summary:
This setup is a classic bounce from a demand/support zone with a clear upside potential. The risk is tightly managed, and the reward is significantly higher, aligning with favorable risk-reward principles. However, the position is speculative and relies on bullish follow-through from the support level. Watch price behavior near the 3,288 and 3,347 resistance zones to assess momentum.
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Here’s the latest follow-up on our weekly chart setup and as anticipated, it’s playing out as analysed with the test into the top of our Goldturn Ascending Channel and rejection.
Price tested the upper boundary but failed to secure a sustained breakout. The EMA5 did not cross and lock outside the channel, signaling a lack of confirmation for bullish continuation. Instead, the top of the channel acted as a clean resistance zone, resulting in a firm rejection.
We are now seeing price pull back toward our identified support zones at 3281 and 3189, of which price can slowly align with the channel’s midline with either price finding support here, or we look for it to gradually sync up with the half-line of the channel for structural support.
As always, patience and precision are key. We'll continue using the 1H and 4H timeframes to buy dips on retracements into these support zones, targeting clean 30–40 pip moves. These levels and pullbacks offer ideal opportunities, especially in ranging conditions where our Goldturn method truly shines.
This is exactly why we rely on our Goldturn Channels, our proprietary system built on weighted averages. It filters the noise, helps us spot real breakouts vs. fake-outs, and gives us the confidence to act with clarity and discipline.
Thanks again for all the support, your likes, comments and follows.
MR GOLD
GOLDVIEWFX
GOLD → The fight for 3,200 continuesFX:XAUUSD has recovered after a bearish distribution. The price has returned to the range but continues to test the fundamental threshold of 3200.
The fundamental background has been gradually improving recently, which is putting pressure on the gold market, increasing the profit-taking ratio and the level of sales. After the resolution of the tariff war, all attention has shifted to the negotiations between Russia and Ukraine, and de-escalation could also reduce economic risks. As well as the escalation of the conflict in the Middle East...
Technically, the price is returning to the range after a deep false breakout but is facing strong resistance and pressure from sellers. Further developments depend on the 3200 level, which is of fundamental importance.
Resistance levels: 3225, 3236, 3257
Support levels: 3204 - 3200, 3194
The battle for the 3200 area continues, with bulls likely to try to keep the price above 3200, in which case the market may test the 0.5-0.7 Fibonacci zone. However, given the recent improvement in fundamentals, the price may return from these zones of interest to 3200 with the aim of continuing the assault to break through and continue the downtrend.
Best regards, R. Linda!
GOLD: The Bearish Wave Has Begun – What’s Next?GOLD: The Bearish Wave Has Begun – What’s Next?
GOLD has broken down from a bearish pattern, confirming a strong move lower.
The price has also fallen below the key 3200 support zone, which is an important psychological level where traders make key decisions.
If this breakout is real and not a false move (as seen before), GOLD could continue its bearish wave, potentially dropping toward 3100, as shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GOLD 4H CHART ROUTE MAP UPDATE Hey Everyone,
Another productive session on the charts, with our strategy of buying dips delivering solid results once again.
This is a follow up on our 4-hour chart setup. The week began with our initial bearish targets being achieved, each confirmed by decisive candle body closures. Additionally, momentum conditions allowed for EMA5 lock confirmations at key levels, reinforcing the validity of the moves.
Today, price action tested the secondary swing range following a confirmed break and EMA5 lock below the primary swing zone. This led to a clean retracement and a reaction from the secondary swing range, with price covering the full range of the swing, a strong technical sign of structure respecting prior levels.
Looking ahead, we are closely monitoring for one of two scenarios:
1. Primary swing range completion – If price continues its upward momentum and completes the move back to the primary range, this could set the stage for a potential breakout.
2. Rejection at current zone – Should price fail to reclaim the primary swing range, we anticipate a retest of the lower Goldturn zones as support. A successful hold and bounce from this level would reinforce the broader range dynamics and offer renewed long opportunities.
We'll remain reactive to price structure and momentum alignment, especially in relation to key support/resistance levels.
Mr Gold
GOLDVIEWFX
Gold Testing PRZ & Resistance Zone-Short Opportunity? Gold ( OANDA:XAUUSD ) moved according to yesterday's analysis and the position that was Risk-To-Reward:1.61 and hit the target of this position. Do you think Gold will continue its correction, or should we wait for the next gold rally to start?
Gold is trading in the Resistance zone($3,280-$3,245) near the Potential Reversal Zone(PRZ) , and the Resistance lines .
From a Classical Technical Analysis perspective , it seems possible that an Ascending Broadening Wedge Pattern could form.
Educational note : An Ascending Broadening Wedge is a bearish technical pattern characterized by higher highs and higher lows that expand over time. It signals increasing volatility and weakening bullish momentum, often leading to a breakdown below support.
In terms of Elliott Wave theory , Gold appears to be in corrective waves in the 15-minute time frame .
I expect Gold to decline at least to the Support lines again , at least I think you can find a good Risk-To-Reward in PRZ for short positions .
Note: If Gold touches $3,292 [ Worst Stop Loss(SL) ], we can expect further gains.
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.
XAU/USD) back up Trand analysis Read The ChaptianSMC Trading point update
Technical analysis for XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe suggests a bullish reversal setup from a key support zone. Here's a breakdown of the idea:
Key Observations:
1. Support Zone (Yellow Box at ~3,100–3,140):
The price recently touched a significant support area marked by multiple previous bounces (green arrows).
The latest green arrow shows a bullish reaction from this zone, indicating potential for an upward move.
2. Resistance Zone (~3,220–3,250):
This intermediate zone is expected to be the first area of interest for bulls.
The analysis suggests a brief pullback or consolidation before continuation.
3. Target Point (~3,375):
The chart outlines a projected move to around 3,375, aligning with a previous supply zone and the upper channel line.
This is likely the main target for a swing trade.
4. EMA 200 (Blue Line - ~3,221):
Price is hovering around the 200 EMA, acting as a dynamic resistance.
A breakout above this would add bullish confirmation.
5. RSI Indicator (~41):
RSI is recovering from an oversold region (~38), indicating potential momentum building for a reversal.
Mr SMC Trading point
---
Conclusion:
This is a bullish reversal setup with:
Entry zone: Around 3,120–3,140
Short-term resistance: ~3,220–3,250
Final target: ~3,375
Invalidation: A clear break and close below the yellow support box (~3,100)
Pales support boost 🚀 analysis follow)
GOLD - Price can break support level and continue to declineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price entered to triangle, where it at once bounced from support line, which coincided with support level.
Price rose to resistance line, breaking $3400 level, but soon turned around and dropped below, breaking this level again.
Next, Gold made a gap and continued to fall in a triangle, and later it reached $3215 level, after which bounced up.
Then price exited from triangle, rose to $3400 level and made fake breakout, after which started to decline in falling channel.
In channel, price fell to $3215 level, where at the moment continued to trades close and trying to break this level.
I think Gold can break this level and continue to fall in a falling channel to $3140
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XAU/USD. gold 1d chart pattern*gold (XAU/USD) buy trade* with:
- *Entry Price:* *3175*
- *First Target (FVG):* *3200* (+25 points)
- *Final Target:* *3268* (+93 points)
### Analysis of the Trade Setup:
1. *Fair Value Gap (FVG) Target (3200):*
- An FVG often acts as a short-term liquidity zone.
- Price may stall or pull back near *3200* before continuing upward.
- *Action:* Consider taking partial profits here or tightening stops.
2. *Final Target (3268):*
- A *+93-point move* (~*2.9%* gain from entry).
- Check if *3268* aligns with key resistance levels (previous highs, Fibonacci extensions, etc.).
### Key Considerations:
✅ *Bullish Confirmation Needed:*
- Is gold in an uptrend (e.g., breaking higher highs & higher lows)?
- Are supporting factors like a weaker USD, Fed rate cuts, or geopolitical risks in play?
⚠ *Risk Management:*
- *Stop-Loss (SL):* Should be below a recent swing low (e.g., *3150-3160*).
- *Risk-Reward Ratio (RRR):*
- If SL = *3160* (15-point risk), then:
- *First Target (3200):* *RRR = 1.67x*
- *Final Target (3268):* *RRR = 6.2x*
### Trade Plan Suggestion:
1. *Enter at 3175* (if bullish structure confirms).
2. *Take 50% profit at 3200* (FVG zone).
3. *Move SL to breakeven* (or trail stop).
4. *Let remaining position ride to 3268* (if trend remains strong).
Would you like help identifying key support/resistance levels or analyzing gold’s current trend for confirmation?
XAUUSD[GOLD]; Is it the beginning of the major correction? XAUUSD dropped from 3265$ to 3127$, as predicted in our previous analysis. However, after touching 3127$, the price has retraced slightly and is currently trading at 3178$. In our opinion, the price can go up to $3220 maximum and reject at that level. We need to wait and see how prices behave. Another possible entry point is at 3178$, which is the current trading price. We believe this region is good for selling because the price has struggled to break through it. Please use a proper trading plan while trading gold.
As always, this analysis doesn’t guarantee that price will move as described in the chart. Please use your own knowledge and trading plan while trading gold. Good luck and trade safely.
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Team Setupsfx_
Learn the 4 Best Strategies to Maximize Your Profits in Trading
In the today's article, we will discuss 4 classic yet profitable forex and gold trading strategies.
1️⃣Pullback Trading
Pullback trading is a trend-following strategy where you open the positions after pullbacks.
If the market is trading in a bullish trend, your goal as a pullback trader is to wait for a completion of a bullish impulse and then let the market correct itself. Your entry should be the assumed completion point of a correctional movement. You expect a trend-following movement from there.
In a bearish trend, you wait for a completion of the bearish impulse, let the market retrace, and you look for short-entry after a completion of the retracement leg.
Here is the example of pullback trading.
On the left chart, we see the market that is trading in a bearish trend.
A pullback trader would short the market upon completion of the correctional moves.
On the right chart, I underlined the buy entry points of a pullback trader.
That strategy is considered to be one of the simplest and profitable and appropriate for newbie traders.
2️⃣Breakout Trading
Breakout trading implies buying or selling the breakout of a horizontal structure or a trend line.
If the price breaks a key support, it signifies a strong bearish pressure.
Such a violation will trigger a bearish continuation with a high probability.
Alternatively, a bullish breakout of a key resistance is a sign of strength of the buyers and indicates a highly probable bullish continuation.
Take a look, how the price broke a key daily resistance on a daily time frame. After a breakout, the market retested the broken structure that turned into a support. A strong bullish rally initiated from that.
With the breakout trading, the best entries are always on a retest of a broken structure.
3️⃣Range Trading
Range trading signifies trading the market that is consolidating .
Most of the time, the market consolidates within the horizontal ranges.
The boundaries of the range may provide safe points to buy and sell the market from.
The upper boundary of the range is usually a strong resistance and one may look for shorting opportunities from there,
while the lower boundary of the range is a safe place to buy the market from.
EURCAD pair is trading within a horizontal range on a daily.
The support of the range is a safe zone to buy the market from.
A bullish movement is anticipated to the resistance of the range from there.
Taking into considerations, that the financial instruments may consolidate for days, weeks and even months, range trading may provide substantial gains.
4️⃣Counter Trend Trading
Counter trend trading signifies trading against the trend.
No matter how strong is the trend, the markets always trade in zig-zags. After impulses follow the corrections , and after the corrections follow the impulses.
Counter trend traders looks for a completion of the bullish impulses in a bullish trend to short the market, and for a completion of bearish impulses in a downtrend to buy it.
Here is the example of a counter trend trade.
EURJPY is trading in a bullish trend. However, the last 3 bearish moves initiated from a rising trend line. For a trader, shorting the trend line was a perfect entry to catch a bearish move.
Such trading strategy is considered to be one of the most complicated , because one goes against the crowd and overall sentiment.
With the experience, traders may combine these strategies.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hellena | GOLD (4H): LONG to resistance area of 3495.The design of the previous idea had an error in the table of contents and I decided to make a new one.
The price has reached the support area 3240 and at the moment I expect the price to start an upward movement in the wave “3” of the middle order - it will be a continuation of the wave “5” of the higher order.
The target is the same - the maximum of wave “3” 3495.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
So we followed the path on yesterdays Report and ideally, on a good day we would have wanted an undercut low and then the bounce. Instead, we got the high, got the move down and then decided, due to CPI we would take what the market gave and wait. Fortunately, it was a no show CPI and the range continued.
So now, we'll stick with the plan and follow the bias levels, above 3240 we'll look for higher pricing and maybe tomorrow Excalibur will give us that BOOM that we want.
For now, support 3230, resistance 3265 on the attack.
KOG’s Bias of the day:
Bullish above 3240 with targets above 3258✅ and above that 3265✅
Bearish on break of 3240 with target below 3230✅ and below that 3210
RED BOXES:
Break above 3265 for 3272, 3275, 3288 and 3006 in extension of the move
Break below 3250 for 3235✅, 3230✅, 3226✅ and 3207 in extension of the move
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
Gold - Follow The Macro Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GOLD has been overall bullish from a macro perspective trading within the rising wedge pattern in orange.
After rejecting the $3,500 round number and upper bound of the wedge, XAUUSD signaled the start of the correction phase as marked by the red falling channel.
Moreover, the $3,100 - $3,150 zone is a strong support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange trendline acting non-horizontal support.
📚 As per my trading style:
As #XAUUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
RSI 101: The Secret of RSI’s WMA45 Line and How to Use ItIn my trading method, I use the WMA45 line together with RSI to help spot the trend more clearly.
Today, I’ll share with you how it works and how to apply it — whether you're doing scalping or swing trading.
Why WMA45?
WMA (Weighted Moving Average) is a type of moving average where recent prices are given more importance.
WMA45 simply means it takes the average of the last 45 candles (could be 45 minutes, 45 hours, or 45 days depending on your chart).
Because it moves slower than RSI, it helps reduce the “noise” and gives you a better idea of the real trend.
This idea is not new — many traders have tested RSI strategies also use this line. I just applied and adjusted it in my own way.
👉 How to set it up on TradingView (very simple):
What WMA45 Tells You
Trending
This line shows you the overall direction of the market:
📉 If WMA45 is going down, the price is likely going down.
📈 If WMA45 is going up, the price is likely going up.
Also, the steeper the line, the stronger the trend is:
Looking at the example above, the WMA45 line starts from the same level in two different phases, but the slope is different. The steeper line shows a larger price range.
This happens because the price was more volatile, which caused the RSI to move more sharply, and that, in turn, made the WMA45 slope steeper.
In multi-timeframe analysis, when the trend on the higher timeframe is strong (shown by a steep WMA45 line), the RSI on the lower timeframe will usually move within a tighter range and react more accurately to key levels.
If you’re not sure what these key RSI levels are, check out my previous post here:
For example, in a strong downtrend on H1, RSI on M5 might not even reach 50:
✅ What does this mean for trading?
Use WMA45 on higher timeframes to define trend bias.
On lower timeframes, watch RSI responses at key zones for optimal entries.
When holding positions, WMA45 helps determine whether to stay in the trade.
Moving Sideways
Here’s something important to note: when WMA45 is flat, RSI will keep crossing back and forth over it.
Depending on where WMA45 is flat, RSI tends to move within that range and creates different sideways price patterns. Here are the main types:
Around 50 → price moves in a box: According to RSI theory, the 50 level is the balance between buyers and sellers. RSI fluctuating around this causes price to move sideways in a rectangular box range.
Above 50 → price goes up in a rising channel: Above 50 is where buyers dominate sellers. RSI operating in this zone will continually create bullish candles pushing the price upward.
Below 50 → price goes down in a falling channel: Below 50 is where sellers dominate buyers. RSI in this zone will consistently form lower highs and lower lows, pushing the price downward.
Trend Reversal of WMA45
WMA45 is calculated from the average of 45 candles, so it's almost impossible for it to reverse direction suddenly. When it's sloping (trending), it takes time for RSI to fluctuate enough to "flatten" it before it can reverse.
As shown in the example, after WMA45 slopes up, before it turns downward, RSI must cross back and forth through it to reduce the steepness => flatten it => then reverse.
Does this align with Dow Theory? It represents the phases: Trend > Sideway > Trend. Sideway is when the WMA45 line is flattened.
✅ What does this mean for trading?
After a trend forms, if you want to enter a counter-trend trade, patiently wait for WMA45 to flatten to confirm the previous trend has ended.
Dynamic Support and Resistance
In addition to being a trend indicator for RSI, WMA45 also serves as a dynamic support/resistance level for RSI.
You will often observe RSI reacting when it encounters the WMA45 line.
In an uptrend, WMA45 acts as support for RSI.
In a downtrend, WMA45 acts as resistance for RSI.
Notably, if the reactions occur at higher RSI values, the resulting price support is stronger. Conversely, if reactions happen at lower RSI values, the price is pushed down further.
In the above example, in the first reaction around RSI 60s, RSI dropped by 9.6 points and price dropped by 12 points. In the second reaction at RSI 40s, RSI dropped similarly, but the price dropped by 25 points.
✅ What does this mean for trading?
You can use WMA45 as an entry zone for your trade: Wait for reactions with WMA45 on the higher timeframe, then switch to a lower timeframe to find a trade entry.
Use WMA45 as a take-profit or stop-loss level: For a short trade near WMA45, you can stop out if RSI crosses above it.
When monitoring these reactions, pay attention to the number of reactions—more reactions require more caution in trading.
Some Trade Setups Using WMA45 and RSI
1. Intraday trading
Trend: Follow the trend on the H1 chart.
Entry zone: At WMA45 of H1.
Entry confirmation: 2 methods:
On M5: when WMA45 of RSI is already flattened, and RSI has crossed above WMA45.
On M5: when a divergence appears in RSI.
2. Scalping
With the RSI’s reaction to WMA45, even on smaller timeframes (M1, M5), you can scalp when RSI touches WMA45.
When WMA45 has a slope and RSI returns to touch it, you can enter a trade with SL behind the candle close (10–20 pips to avoid stop hunts and spread), and TP to the nearest peak.
As mentioned, the first touch gives the best reaction.
My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.
GOLD (#XAUUSD): Buying Opportunity on Pullback Following a bearish movement yesterday, gold has fallen to a significant intraday/daily horizontal support level.
The formation of a cup and handle pattern serves as a strong buy signal, and there is a high likelihood that the price will soon retrace to 3275 level soon.
Hellena | GOLD (4H): LONG to resistance area of 3300.Dear colleagues, I still expect an upward movement, because I am sure that the five-wave movement is not over yet.
The price has updated the 3202 level, which means that wave “4” is a combined correction (WXY) and it is just completing its movement.
I expect the price to start an upward movement and reach at least the 3300 resistance area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
THE KOG REPORT - Update End of day update from us here at KOG:
What a day on gold. We wanted this to go higher into the order region to enable us to short it in to the level we wanted following the path. Market glitched, we didn't get the move we wanted, completed all the bearish targets for the week but then....we managed to get a nice long trade from the lows into the resistance level above.
Now 3230 turns into resistance with many traders chasing the gap early session likely holding on to trades. As you can see, the red box broke early session, that was the signal to maintain the move into the levels. So we'll stick with it at the moment as long as that 3255 level holds us down. An undercut low takes us into 3190-5 which is where we may see price hold for CPI tomorrow.
All bearish targets done in one swoop!
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
XAU/USD - Fed warns of Economic UncertaintyThe XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3473
2nd Resistance – 3519
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2000+ Pips Down This Week – Can Gold Finally Breathe?Yesterday, Gold continued its aggressive drop and, as expected, broke below the key 3200 level, reaching the 3165 support zone and even exceeding it — trading now around 3136.
The move that started on Monday is extremely sharp — more than 2,000 pips lost in just a few days — and follows the same pattern we've seen recently: rapid, volatile swings.
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❓ Is this the bottom, or will the fall continue?
At this stage, calling a bottom is risky. There is no clear sign of exhaustion on higher timeframes, and Gold remains vulnerable.
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📌 What I’m watching now:
• Lower timeframes (M30–H1) for signs of a temporary reversal
• Potential bullish divergence
• Watching for spikes down followed by sharp reversals to the upside as potential long entries — aiming to catch a short-term correction within the broader downtrend
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📊 Trading Plan:
For now, I will wait for a possible upside correction, but I won’t rush in. If signs of a bottom emerge, I might catch a short-term bounce, with tight risk.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.