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GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart idea. We are seeing price range sideways with 2380 providing support for the range for the push up into 2400. We also have ema5 and candle body close above 2400 opening 2421, as a gap target. We have 2421 open gap and will need ema5 to lock above 2421 to confirm the range above. We also have 2380, as the weighted support area and will need ema5 lock below this level to open 2359 and a cross and lock below 2359 will open the swing range for the extended swing. 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2400 - DONE 2421 EMA5 CROSS AND LOCK ABOVE 2421 WILL OPEN THE FOLLOWING BULLISH TARGET 2438 EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET 2458 BEARISH TARGETS 2380 EMA5 CROSS AND LOCK BELOW 2380 WILL OPEN THE FOLLOWING BEARISH TARGET 2359 EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE SWING RANGE 2331 - 2317 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
GOLD ( UNDER UPWARD PRESSURE ) ( 4H )XAUUSD HELLO TRADERS INTRODUCTION : gold price rose during trading on Monday , after us president joe Biden formally announced his withdrawal form the presidential race last evening . Tendency , the price is under bullish pressure until trade above turning level . TURNING LEVEL : the price of turning level around 2,392$ , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level . RESISTANCE LEVEL : around 2,420$ , for reach this level will be stabilizing above turning level SUPPORT LEVEL : support level at 2,365$ , for reach this level will be breaking and stabilizing below turning level . PRICE MOVEMENT : the price is under bullish pressure , as long as the price trading above 2,392$ reach a resistance level (1) at 2,420$ , then it is requirement breaking FVG for reach resistance level (2) at 2,442$, but if breaking turning level reach a support level (1) at 2,365$ , it is a strong support level , the breaking this level reach a support level (2) at 2,337$ . TARGET LEVEL : RESISTANCE LEVEL : 2,420$ , 2,442$ . SUPPORT LEVEL ; 2,365$ , 2,337$ .
OANDA:XAUUSDLong
by ArinaKarayi
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We are seeing price play between two weighted levels, 2406 resistance and 2482 support. We got our first Bullish target hit today at 2406. We now have a candle body close above 2406 opening 2428 but will need ema5 cross and lock to further confirm this. Ema5 failed to lock above 2406 and therefore followed with the rejection into price heading towards 2382 support. Failure to cross and lock below 2382 will follow with a bounce for another re-test above at 2406. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range. We will need ema5 to lock above 2406 and 2428 to confirm the range above. We also have 2382, as the weighted support area and will need ema5 lock below this level to open 2360 and a cross and lock below 2360 will open the swing range for the extended swing. 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2406 - DONE EMA5 CROSS AND LOCK ABOVE 2406 WILL OPEN THE FOLLOWING BULLISH TARGET 2428 EMA5 CROSS AND LOCK ABOVE 2428 WILL OPEN THE FOLLOWING BULLISH TARGET 2450 EMA5 CROSS AND LOCK ABOVE 2450 WILL OPEN THE FOLLOWING BULLISH TARGET 2467 2481 POTENTIALLY 2495 BEARISH TARGETS 2382 EMA5 CROSS AND LOCK BELOW 2382 WILL OPEN THE FOLLOWING BEARISH TARGET 2360 EMA5 CROSS AND LOCK BELOW 2360 WILL OPEN THE SWING RANGE SWING RANGE 2330 - 2303 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
5
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2421 Goldturn resistance and 2380, as Goldturn support. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range. We have 2421 open gap and will need ema5 to lock above 2421 to confirm the range above. We also have 2380, as the weighted support area and will need ema5 lock below this level to open 2359 and a cross and lock below 2359 will open the swing range for the extended swing. 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2421 EMA5 CROSS AND LOCK ABOVE 2421 WILL OPEN THE FOLLOWING BULLISH TARGET 2438 EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET 2458 BEARISH TARGETS 2380 EMA5 CROSS AND LOCK BELOW 2380 WILL OPEN THE FOLLOWING BEARISH TARGET 2359 EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE SWING RANGE 2331 - 2317 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
11
GOLD DAILY CHART UPDATE Hey Everyone, Please see update on our daily chart structure that we have been tracking successfully for a while now.. On our last two updates we had the cross and lock above 2355 leaving a gap open to 2405 and then same with 2405 opening 2464. - Both gaps were hit and completed , as analysed. We now have a candle body close gap above 2464 leaving a long range/term gap to 2521 and will need EMA5 lock above 2464 to further confirm this. Failure to lock now with ema5 confirmed the rejection we are seeing now We have marked the charts with our unique weighted levels and will use them to track the movement up and down, confirmed with ema5 cross and lock confirmation. We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion. Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP Hey Everyone, Please see update on our weekly chart idea. Last week we 2434 was hit perfectly completing this range target and channel top. Although we have the final Axis target at 2505, we are expecting resistance and reaction here at the channel top and will probably need a few attempts before cracking open the range above. We would need to see a candle body close above 2434 this coming week to confirm this gap or an ema5 cross and lock for a double confirmation. The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
2
GOLD (XAUUSD): Updated Market Structure Analysis Gold is now trading within a rising, expanding channel on a daily time frame. Updating the ATH, the price perfectly respected its upper boundary and started a bearish movement from that. The closest strong support that I see is a demand cluster based on a minor broken trend line and a horizontal structure. The underlined blue area can be the first pit stop for the sellers. I will look for a pullback trade from there. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDShort
by VasilyTrader
6
GOLD ROUTE MAP UPDATEHey Everyone, A great finish to the week with all our chart ideas playing out perfectly and, as per our daily updates throughout the week. After riding the move up inline with our plans to buy dips, we finished off yesterday with 2467 test and then advised that we needed ema5 to cross and lock above this weighted Goldturn to open the range above or a failure to lock will confirm the rejection. - Failure to lock above 2467 confirmed the end of the run and the rejection with a drop into 2397 weighted level, which gave the perfect bounce, as analysed. We will now either need to see ema5 lock below 2397 weighted level to open the range below or we will see another run up to test 2416 weighted level. BULLISH TARGETS 2416 - DONE EMA5 CROSS AND LOCK ABOVE 2416 WILL OPEN THE FOLLOWING BULLISH TARGET 2425 - DONE 2437 - DONE EMA5 CROSS AND LOCK ABOVE 2437 WILL OPEN THE FOLLOWING BULLISH TARGET 2449 - DONE 2460 - DONE We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold
OANDA:XAUUSD
by Goldviewfx
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Please see update on our 4H chart idea that we shared on Sunday. Our 4h chart started with price between two weighted levels. We had 2416 Goldturn resistance and 2397, as Goldturn support. The weighted support level held with no cross and lock below 2397 confirming the rejection for the bounce into 2416 followed with 2425 and 2437, which were both hit perfectly. We then had 2449 and 2460 to complete the range. We are now looking for ema5 to cross and lock above 2467 to open the range above. Failure to lock above will see rejection into the lower Goldturns to find support and then track level to level once again. We will see levels within this range tested side by side until one of the weighted levels break 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2416 - DONE EMA5 CROSS AND LOCK ABOVE 2416 WILL OPEN THE FOLLOWING BULLISH TARGET 2425 - DONE 2437 - DONE EMA5 CROSS AND LOCK ABOVE 2437 WILL OPEN THE FOLLOWING BULLISH TARGET 2449 - DONE 2460 - 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
OANDA:XAUUSD
by Goldviewfx
16
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone, Please see update on our weekly chart idea. Sunday we stated we had a gap remaining at 2434 but just needed to keep in mind the conflicting resistance with the channel top. - 2434 was hit perfectly completing this target. We now have the final Axis target at 2505 and if momentum allows this week; we may just see this complete without confirmation. However, the ideal confirmation would need to be with a candle body close above 2434 this week to confirm this gap or ema5 cross and lock for a double confirmation. The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD ( CREATED A NEW HISTORICAL PEAK ) ( STRONG RISING ) ( 4H ) XAUUSD HELLO TRADERS Tendency , the price is under strong bullish pressure ,after breakout 2,440$ TURNING LEVEL : the price of turning level between 2,475$ and 2,468$ , indicates the price breaking 2,475$ reach a new resistance level or created a new historical peaks , but if breaking 2,468$ reach a support level . RESISTANCE LEVEL : in the last chart price reach a full resistance level , know this level at 2,491$ , and 2,510$ , for reach this level after breaking 2,475$ . SUPPORT LEVEL : support level at 2,440$ in previously this level is a resistance level but after breaking know worked a strong support level , for reach this level after breaking 2,468$ . PRICE MOVEMENT : the price is sensitive area , yesterday price have strong rising an breakout a supply zone reach a full target , created a new historical peaks , price breaking 2,475$ rising or reach a new resistance level at 2,491$ , then reach a 2,510$ , after breaking 2,468$ reach a support level at 2,440$ it is a strong support level , breaking this level the price started a downward . TARGET LEVEL RESISTANCE LEVEL : 2,491$ , 2,510$ . SUPPORT LEVEL ; 2,440$ , 2,425$ .
OANDA:XAUUSD
by ArinaKarayi
Trump, Fed Speculation Drive Gold to New Heights Trump, Fed Speculation Drive Gold to New Heights Gold price cleared the May 20 high of $2450 on Tuesday, as expectations intensify that the U.S. Federal Reserve will commence an easing cycle in September. Fed Chair Jerome Powell addressed the Economic Club of Washington this week, noting the economy's solid performance and signaling potential rate cuts once inflation trends towards the 2% target. The CME FedWatch Tool indicates near-certain odds of a 25-basis point rate cut in September, with many forecasting a total of 50 basis points in cuts through 2024. But one has to question the accuracy of these optimistic predictions. The next FOMC meeting is in 14 days. Adding to the upward momentum on gold is the potential election of former President Donald Trump in November. Trump's proposed policies, including tariff hikes and tax cuts, are anticipated to increase the U.S. budget deficit and spur inflationary pressures. Bullish momentum in gold appears intact, supported by the Relative Strength Index (RSI) on the daily chart. Although it is trending higher and approaching typical overbought conditions.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ROUTE MAP UPDATEHey Everyone, Like a broken record we smashed our targets once again in true level to level fashion. Yesterday we stated that we were looking for a 2440 full retest and needed ema5 to lock above 2440 to confirm the range above. - This played out perfectly with the 2440 re-test followed with the cross and lock opening 2449 and 2460. Both targets were hit completing this range with plenty of opportunity to get in for the action after the lock. We are now looking for ema5 to lock above 2460 to open the upper levels that can be reviewed and tracked on our bigger multi time-frame analysis shared on Sunday. 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULISH TARGET 2414 - DONE EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT 2426 - DONE 2440 - DONE EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT 2449 - DONE 2460 - DONE BEARISH TARGETS 2401 - 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
18
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We had price play between both weighted levels like we stated yesterday with 2401 Goldturn test with no cross and lock confirming the rejection bounce into 2414. This then followed with ema5 cross and lock above 2414 Goldturn opening 2426 and 2440. - This played out perfectly, with all levels in this range now complete, with just a point shy of 2440, which can be considered filled. We are now looking for a 2440 full retest and need ema5 to lock above 2440 to confirm the range above. Failure to lock above 2440 Goldturn, will follow with a rejection into the next Goldturn weighted support. 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULISH TARGET 2414 - DONE EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT 2426 - DONE 2440 - JUST ABOUT DONE EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT 2449 2460 BEARISH TARGETS 2401 - DONE EMA5 CROSS AND LOCK BELOW 2401 WILL OPEN THE FOLLOWING BEARISH TARGETS BEARISH TARGETS 2388 2372 2359 EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE SWING RANGE 2344 - 2331 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 (XAUUSD): Important Decision Ahead Gold is trading in a global bullish trend. We can see that after a strong bullish wave in February and March, the market stopped growing and started to trade within a horizontal range. The market is stuck within the range for more than 3 months. We see a test of its upper boundary at the moment. An important decision is now ahead. I believe that a bullish breakout of the resistance of the range and a weekly candle close above that will be a strong bullish signal. A new bullish wave will most likely initiate then. Alternatively, the market may respect the resistance of the range the 4th time and keep staying within its boundaries. Let's watch the price action and look for the signal. I will post the update soon. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
7
XAUUSD H1 - Long Signal $2000/ozXAUUSD H1 Here is a potential outlook for XAUUSD going forward, we have sold off since market opened, the opposite move I would have expected. However, we haven't really seen an influx of relevant trading volume yet, I would expect to see this during LON partially, but most likely the US open, both FX markets and subsequent US stock markets. $2400/oz is in the crosshairs for obvious reasons, we have traded from this price previously (with the exception of the PPI dump). Targets would be $2425/oz before potentially breaking higher. XAUUSD is undoubtedly up-trending. Lets see if this weekends headlines can add fuel to the fire.
FX:XAUUSDLong
by Trade_Simple_FX