DON'T Make This MISTAKE in MULTIPLE TIME FRAME Analysis
Most of the traders apply multiple time frame analysis incorrectly . In the today's article, we will discuss how to properly use it and how to build the correct thinking process with that trading approach.
The problem is that many traders start their analysis with lower time frames first . They build the opinion and the directional bias analyzing hourly or even lower time frames and look for bullish / bearish signals there.
Once some solid setup is spotted, they start looking for confirmations , analyzing higher time frames. They are trying to find the clues that support their observations.
However, the pro traders do the opposite .
The fact is that higher is the time frame, more significant it is for the analysis. The key structures and the patterns that are spotted on an hourly time frame most of the time will be completely irrelevant on a daily time frame.
In the picture above, I underlined the key levels on USDJPY on an hourly time frame on the left.
On the right, I opened a daily time frame. You can see that on a higher time frame, the structures went completely lost.
BUT the structures that are identified on a daily, will be extremely important on any lower time frame.
In the example above, I have underlined key levels on a daily.
On an hourly time frame, we simply see in detail how important are these structures and how the market reacts to them.
The correct way to apply the top-down approach is to start with the higher time frame first: daily or weekly. Identify the market trend there, spot the important key levels. Make prediction on these time frames and let the analysis on lower time frames be your confirmation.
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XAUUSD trade ideas
XAUUSD Possible Move 21-04-2025XAU/USD Technical Analysis — April 21, 2025
The Gold shows a bullish trend continuation pattern, with price currently testing a key resistance area. Three key levels have been identified for potential buy entries depending on how price reacts:
🔴 1st Buying Level: $3,396 - Breakout and Retest Zone
Entry Strategy: Buy only if price breaks above this level and successfully retests it.
Condition for Buying: A clear breakout followed by a minor retest confirming support.
Condition for Selling: If price gets rejected at this level and shows weakness on a minor retest, a short position could be considered.
⚫ 2nd Buying Level: Around $3,370
Entry Strategy: Buy if price pulls back to this level and it holds as support.
Note: This is a more conservative buy zone, ideal if the breakout fails and price retraces.
Confirmation Needed: Look for bullish price action like a pin bar or bullish engulfing candle at this level.
⚫ 3rd Buying Level: Around $3,355 (Ideal Entry)
Entry Strategy: This is considered the “perfect” buying level.
Reason: It aligns with previous structure and demand zone.
Best For: Traders looking for a deep pullback with optimal risk-reward potential.
🎯 Bullish Target: $3,425
If price breaks and sustains above the $3,396 level, the next potential upside target is $3,425.
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GOLD at its peak, Trump and Powell in focusSpot OANDA:XAUUSD surged, with gold just hitting a new record high of $3,384.62 an ounce. Gold is now up more than $60 on the day. Trump's comments and the Powell "conspiracy" have combined to trigger market activity.
Earlier, US President Donald Trump released his insights into the negotiations on his social media platform Truth Social, saying that "the golden rule of negotiation and success is that he who has the gold makes the rules," meaning he who has the gold will have the upper hand. This post on gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Gold prices have surged to a record high as the U.S.-led trade war fuels safe-haven demand and the dollar weakens, Bloomberg reported, and data in the coming days could highlight early signs of damage to the global economy.
The International Monetary Fund is expected to cut its economic growth forecast on Tuesday, while the Purchasing Managers’ Index (PMI) the following day will provide a snapshot of economic activity since U.S. President Donald Trump imposed tariffs.
Gold prices have hit record highs this year as trade conflicts have roiled global markets, denting demand for riskier assets while spurring a rush to safe havens among investors.
Gold ETF holdings have risen for a 12-week streak, the longest such streak since 2022. Central banks have also increased their holdings of gold, supporting strong global demand.
Bloomberg notes that the sell-off in the US dollar intensified on Monday as US President Trump weighs whether to fire Federal Reserve Chairman Jerome Powell.
Powell's possible removal could undermine investor confidence as the Fed's independence is seen as a key factor in investing in US assets. However, given that Trump has previously said he welcomes a weaker currency because it makes US products more competitive, he may welcome a weaker US dollar.
Technical Outlook Analysis OANDA:XAUUSD
On the technical chart, the short correction last Friday ended quickly as gold continued to rise along the short-term price channel.
The increase broke the 0.618% Fibonacci extension, giving gold the conditions to continue to rise with the target of the 3,400 USD price point in the short term, more than the 3,420 USD price point of the 0.786% Fibonacci extension.
It is difficult to expect a significant correction in the current context, but the RSI down through 80 can be considered a good signal for the expectation of a short-term correction.
However, with the current position, the main technical outlook for gold is still bullish with notable positions listed as follows.
Support: 3,372 – 3,357 USD
Resistance: 3,400 – 3,420 USD
SELL XAUUSD PRICE 3414 - 3412⚡️
↠↠ Stop Loss 3418
→Take Profit 1 3406
↨
→Take Profit 2 3400
BUY XAUUSD PRICE 3316 - 3318⚡️
↠↠ Stop Loss 3312
→Take Profit 1 3324
↨
→Take Profit 2 3330
GOD-SELL strategy weekly chart Regression ChannelGOLD has not had a decent correction as yet, and every day we are higher showi8ng market is hungry for it, however, it is very over extended, and it is for the careful leveraged trader to ensure we survive. I have been adding slowly with low leverage and it is good to be add further shorts to the existing positions at current levels. Just to add to the information, the RSI levels weekly to be 90..00% and higher even on Heikin Ashi suggests that the correction will be very severe.
Strategy SELL @ $ 3,475-3,515 and take profit in stages, i.e. first @ $ 3,367 and followed by $ 3,167 for now.
GOLD UPDATEHello friends
As you can see in the picture, everything is clearly defined.
After a strong rise, we see a double top pattern at the top of the channel, which indicates that we should gradually wait for a correction.
Now, how far will the correction continue? In the picture, we have identified the support levels that the price can reach.
*Trade safely with us*
DeGRAM | GOLD Anchored Above the Channel📊 Technical Analysis
GOLD trades within an ascending channel, holding above $3 285 support.
A breakout from a triangle confirms bullish momentum. Key targets are $3 360 - $3 380.
💡 Fundamental Analysis
Demand is rising amid safe-haven flows, Chinese insurer interest, and central bank buying. A weaker USD and US - China tensions support gold.
✨ Summary
Technical breakout and strong fundamentals favor XAUUSD growth. Holding above $3 285 keeps the path open to $3 360.
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The gold market suddenly "changed its face"Gold plunged down from the high of 3500 yesterday, mainly due to the fact that US President Trump said at the swearing-in ceremony of Atkins, chairman of the US Securities and Exchange Commission, on Tuesday local time that he had no intention of firing Fed Chairman Powell, although he was disappointed that the Fed did not cut interest rates faster. The cooling of risk aversion directly affected the gold price, which once fell to $3366, and then closed near 3382, with the largest drop of 134 points on Tuesday. This wave of gold correction is still continuing. After opening today, it fell straight to 3315. Although it has completely recovered the decline, I think the short position still has continuity, so today's operation strategy is still mainly high-altitude.
Gold is currently trading below 3357. There are signs of a rebound in gold prices at the beginning of the European session. Now the upper suppression level can be moved down. The short-term suppression reference is 3330 here, followed by the second highest point on the way up to 3357; the lower support focuses on the vicinity of 3285, and after effectively breaking it, it can focus on the vicinity of 3245. Now the gold price is trading near the Asian low of 3315. The prudent operation idea is to short at 3331 to protect the gold price near 3320 and wait for the gold price to reach 3285. After the break, wait for the rebound to 3300 and then go short to 3245. It is not recommended to participate in long orders.
"Imminent Correction in Gold – Strategic Plan to Capture Wave 4"📌 General Context
Gold (XAU/USD) is currently at a pivotal moment after completing a 5-wave impulsive sequence, suggesting that we may be about to enter a major corrective phase. The structure observed is an impulsive wave (1)-(2)-(3)-(4)-(5), which is typically followed by an ABC correction or a complex correction, depending on the larger context.
📈 Wave Structure and Technical Projection
Wave (5) Completed:
The end of wave (5) has clearly been marked, suggesting short-term buyer exhaustion.
This paves the way for a corrective movement that, based on wave projections, could seek much lower levels.
Critical Supply Zone:
Between $3,453.01 and $3,504.89, there is an important supply zone.
This area could act as resistance in a potential final bullish impulse to form an expanded "Flat" or "Running Flat" corrective structure.
Downside Projection (Wave 4 of Major Degree):
First support levels:
$3,239.99 (intermediate validation level)
$3,147.28 (previous structure)
Final projected correction target:
$2,866.94, coinciding with a strong demand zone and relevant technical support.
🧠 Technical Narrative
The price has been in a strongly bullish trend, but after completing a clear impulsive structure and approaching a significant supply zone, a significant correction is anticipated. This analysis is based on Elliott Wave Theory, complemented by Fibonacci levels and institutional supply/demand zones.
The projection suggests that gold could make a final rally to $3,450-$3,500, and from there initiate a deep correction toward the $2,866 area, where there is a technical support confluence.
🚨 Key Levels to Watch
Type Level
3,504.89 Supply Zone (maximum resistance)
3,453.01 Supply Zone (start)
3,239.99 Bearish Validation Level
3,147.28 Intermediate Support
2,866.94 Correction Target (potential buy zone)
🔔 Conclusion
The current structure suggests a high probability of a correction in gold after this strong bullish momentum. The most likely scenario is a correction toward $2,866, an area that could offer a new medium-term buying opportunity if validated by price action.
🕰️ Recommended follow-up to confirm reversal patterns and manage risk in case of trading this potential correction.
🧾 Trade Plan (Short)
🔹 Ideal Sell Zone:
Between $3,453.01 and $3,504.89 (institutional supply zone)
Look for reversal patterns (bearish engulfing candles, pin bars, M-patterns, RSI/MACD divergences)
🔹 Suggested Entry:
Step-level entry between $3,460 and $3,500
🔹 Stop Loss:
Above $3,550 (last previous high + protection)
🔹 Take Profits:
TP1: $3,239.99
TP2: $3,147.28
TPF: $2,866.94
🔹 Estimated Risk/Reward:
R:B from 1:4 to 1:6, depending on management and execution
💡 Strategy Alternative (Conservative)
Wait for confirmation of a bearish structure (such as a double top or a breakout of the previous low) before entering, with a tighter stop but less exposure.
🔔 Trading Summary
Value Element
Entry $3,460 – $3,500 (supply zone)
Stop Loss > $3,550
TP1 $3,239.99
TP2 $3,147.28
TP Final $2,866.94
💬 Do you like this approach? Do you have a different count? Share it in the comments!
#XAUUSD #Gold #TradingPlan #Wave4 #ShortSetup #ElliottWave #Fibonacci #SupplyZone #SwingTrade #TechnicalAnalysis #TradingIdeas
GOLD-SELL strategy 6 Hourly chart regression channelGOLD has moved up sharply but it is. again above the channel, and this usually will not last. It needs to correct back towards mid-channel over time.
The RSI is very overbought, but other indicators how still some upward pressure, however, I use the channel as my guidance for now.
Strategy SELL or ADD SELL @ $ 3,375-3,415 and take profit near $ 3,257 for now partially and further down rest @ $ 3,079.
GOLD - at his fresh resistance ? What's next??#GOLD... perfect drop below our area as we told youabout CUT N REVERSE.
now market have 3328 to 3332 region as a current resistance region.
And market dropped 200 points around in 2 days (almost 1 day and 1 hour)
So keep close your region because if market holds that then further drop expected.
Good luck
Trade wisely
GOLD - at his fresh resistance ? What's next??#GOLD... perfect drop below our area as we told youabout CUT N REVERSE.
now market have 3328 to 3332 region as a current resistance region.
And market dropped 200 points around in 2 days (almost 1 day and 1 hour)
So keep close your region because if market holds that then further drop expected.
Good luck
Trade wisely
XAUUSD Gold Is Surging: Technical / Macro Analysis & Trade IdeaHey traders! Let’s break down the current price action on Gold (XAUUSD) using both Wyckoff and ICT concepts, and tie it all together with the latest macroeconomic context. 🚀✨
Wyckoff Methodology:
Looking at the 4H chart, we see a classic accumulation phase that transitioned into a strong markup. The recent price action shows a clear spring (liquidity sweep) below previous lows, followed by a sharp bullish move—this is textbook Wyckoff manipulation, where smart money grabs liquidity before driving price higher. The current rally suggests we’re in the markup phase, with demand overwhelming supply.
ICT Concepts:
Liquidity Zones: The chart shows a sweep of liquidity below the recent consolidation, trapping late sellers before a powerful bullish displacement. This is a classic ICT move—liquidity engineered and then swept.
Displacement: The large bullish candle breaking above the previous range signals a market structure shift (MSS) to the upside. This is a strong sign of bullish intent.
Fair Value Gaps (FVG): The impulsive move up has likely left a fair value gap (imbalance) between 3335 and 3385.50. Price may retrace to fill this gap before continuing higher.
Market Structure: The break above the previous swing high confirms a bullish market structure. As long as price holds above the 3335-3340 zone (50% retracement), the bullish bias remains intact.
Technical Trade Setups:
Bullish Scenario: Look for a retracement into the 50-61.8% Fibonacci zone (3335-3323) for potential long entries. If price forms a bullish rejection or bullish engulfing pattern here, it could be a high-probability setup targeting the recent high (3385.50) and the next extension at 3436.
Bearish Scenario: If price fails to hold above 3335 and closes below 3320, we could see a deeper retracement toward 3284 (100% retracement) or even lower, but this is less likely given the current momentum.
Market Sentiment:
Bullish 🟢 – The strong displacement, liquidity sweep, and market structure shift all point to bullish sentiment. Buyers are in control, and any pullbacks into the FVG or key fib levels are likely to be bought up.
Macroeconomic & Fundamental Drivers:
Gold’s rally is being fueled by several key factors:
CPI & Inflation: Recent CPI data shows persistent inflation, increasing demand for gold as an inflation hedge.
Interest Rate Expectations: The market is pricing in potential rate cuts by the Fed later this year, weakening the USD and supporting gold.
Geopolitical Tensions: Ongoing global tensions (e.g., Middle East, Ukraine) are driving safe-haven flows into gold.
USD Strength: Any signs of USD weakness further boost gold’s appeal.
Summary & Trade Plan:
Gold is in a strong bullish phase after a classic liquidity sweep and market structure shift. Watch for retracements into the 3335-3320 zone for potential long setups, with targets at 3385 and 3436. Stay alert for any macro news that could impact sentiment, but for now, the bulls are in control! 🏆📈
Disclaimer:
This is not financial advice. Always do your own research before trading.
GOLD POSSIBLE SELL Japanese inflation accelerates, complicating BoJ’s rate decision amid global uncertainty
Japan’s core inflation accelerated in March, yet economic uncertainty will limit the Bank of Japan’s ability to continue hiking rates in the near term. With inflation seen accelerating further, a BoJ tightening is likely in July.