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XAUUSD: Short term rebound likely.Gold hit the bottom of the 4H Channel Up and the 4H MA200 turning neutral on 1D and bearish on 4H (RSI = 37.407, MACD = -6.030, ADX = 14.273). The 4H MACD also indicates that we are on bottom territory so we expect a short term rebound and we're bullish targeting the 4H MA50 (TP = 2,035). As long as the designated dashed Channel Down holds, we will then turn bearish and target a new LL (TP = 1,965). Any crossing under the Channel Down will also be an immediate sell, targeting the 1D MA50 (TP = 1,965). See how our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, A piptastic finish to the week for us hitting all our Bullish targets!!! We the saw price drop down for a correction clearing all our bearish targets and yet respecting our weighted level supports for 30 to 40 pip bounce as suggested all week. Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as highlighted by us on the chart. We then stated we will likely see play between 2015 - 2032 until one locks with ema5. We will need to see a break above 2032 with ema5 to see the range above open up again or a break below 2015 for the range below. EMA5 failed to close above 2032 confirming the rejection and giving us our perfect exits from buying dips. Ema5 then broken below the swing range opening the lower range, which we are seeing now just short of 1989. True level to level tracking and trading!!! BULLISH TARGETS 2078 - DONE EMA5 CROSS AND LOCK ABOVE 2078 WILL OPEN THE FOLLOWING BULLISH TARGET 2091 - DONE 2104 - DONE BEARISH TARGETS 2067 - DONE 2045 - DONE EMA5 CROSS AND LOCK BELOW 2045 WILL OPEN THE SWING RANGE SWING RANGE 2015 - 2010 - DONE We will now come back Sunday with our multi timeframe analysis, gold route map and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
8
GOLD WILL GO SELL CONFIRM CHARTToday’s Nonfarm Payroll report is expected to show 180k new jobs created in November compared to 150k in October, while the unemployment rate is expected to remain unchanged at 3.9%. A lower-than-expected number will underpin expectations that the Fed will start cutting interest rates at the end of Q1/start of Q2 next year. The latest CME Fed Fund probabilities see a total of 125 basis points of rate cuts in the US next year. Gold Sell Confirm 2010 Target
OANDA:XAUUSDShort
by FxJoseph_7
GOLD 4H CHART UPDATED LEVELS & TARGETS - UPDATEHey Everyone, After completing our 1H chart idea, please now review our 4H chart idea, which also played out perfectly hitting all our Bullish Targets followed with the bearish targets and then to finish off our 4H swing range gave the perfect swing allowing us capture pips safely using our strategy to buy dips. The level to level break and locks allowed us to track the movement up and our weighted levels allowed us to buy dips for 30 to 40 pips on every weighted level, as you can see from the chart. We are likely to see price now play between 2014 and 2032. We would look for a ema5 break on either level to confirm movement to the next weighted range level. 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 the 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2081 - DONE EMA5 CROSS AND LOCK ABOVE 2081 WILL OPEN THE FOLLOWING BULLISH TARGET 2094 - DONE 2108 - DONE BEARISH TARGETS - 2058 - DONE 2044 - DONE EMA5 CROSS AND LOCK BELOW 2044 WILL OPEN THE SWING RANGE SWING RANGE 2014 - DONE As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
FXOPEN:XAUUSD
by Goldviewfx
2
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Another great day for us on the charts!!! We highlighted yesterday the test on the swing range and the expected swing. Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as highlighted by us on the chart. We are now seeing price test this level and will likely play between this range 2015 - 2032 until one locks with ema5. We will need to see a break above 2032 with ema5 to see the range above open up again or a break below 2015 for the range below. 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 the 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2078 - DONE EMA5 CROSS AND LOCK ABOVE 2078 WILL OPEN THE FOLLOWING BULLISH TARGET 2091 - DONE 2104 - DONE BEARISH TARGETS 2067 - DONE 2045 - DONE EMA5 CROSS AND LOCK BELOW 2045 WILL OPEN THE SWING RANGE SWING RANGE 2015 - 2010 - DONE As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
4
GOLD (XAUUSD) Structure Analysis & Key Levels 🥇 Here is my latest structure analysis for Gold. Horizontal Key Levels Resistance 1: 2142 - 2150 area Support 1: 1998 - 2009 area Support 2: 1963 - 1977 area Support 3: 1930 - 1938 area Vertical Key Levels Rising trend line - daily candle close below that will turn that trend line into a vertical resistance. My focus is on a trend line at the moment. We see a breakout attempt of that. Daily candle close below will be an important sign of strength of the sellers. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
1
Gold trading strategy todayYesterday, gold prices saw an inverted deep V-shape reversal. Gold prices surged sharply higher in morning trading, hitting an all-time high of 2145. Subsequently, they fluctuated downwards, stopped falling around 2020, and finally closed with a full bear candle with a long upper shadow. At this point, the gold price trend has also shown signs of a top, forming a bearish piercing pattern. At the same time, the signs of bearish divergence have not changed. The MACD indicator on the daily chart is in the overbought area and tends to form a death cross. But judging from the hourly chart, after yesterday's plunge, the MACD indicator has entered the oversold area and has formed a golden cross. During the day, gold prices may rebound at the hourly level, and the specific strength of the rebound depends on the momentum. Investors could temporarily expect a slight rebound in the Asian session, and strong resistance is in the 2050 area where we can enter short positions. The first support level is around $2020, and further support is at $2010. The reference trading range today is 2010-2050, and it is recommended to buy low and sell high and pay attention to controlling losses. TVC:GOLD XAUUSD BUY 2008 - 2006 ✔️TP1: 2014 ✔️TP2: 2018 🚫SL: 2003
TVC:GOLD
by TinaTradingGold
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, After completing all our Bullish targets yesterday we stated the swing range was open and a full test was likely. We got the swing range test today also completing all bearish targets, which was respected perfectly and, as usual we got the 30 to 40 pip bounce!!!! We will now see either a full test back to 2032 or a break and lock below 2010 will open range below down to 1989. 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 the 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2078 - DONE EMA5 CROSS AND LOCK ABOVE 2078 WILL OPEN THE FOLLOWING BULLISH TARGET 2091 - DONE 2104 - DONE BEARISH TARGETS 2067 - DONE 2045 - DONE EMA5 CROSS AND LOCK BELOW 2045 WILL OPEN THE SWING RANGE SWING RANGE 2015 - 2010 - DONE As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
14
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Fantastic start to the week and month with our chart idea hitting all targets in the first day completing our setup - BOOOOM!!! 2078 - DONE 2091 - DONE 2104 - DONE We got the ATH break, as analysed into 2148 before price came crashing down. We completed our targets and therefore waited patiently for price to come back into the range. We saw price hit the retracement level first, which gave the 40 pip bounce, as per our weighted level bounce. This followed with ema5 cross and break of the retracement level opening the swing range. Price is now supporting just above the swing range and may bounce from here for another run but we need to be cautious, as the full swing range has not been tested yet. Price is now back in the range and therefore we are able to continue to track and trade this level to level allowing us to track the movement down and the 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
2
Evaluating Gold's TrajectoryInterplay of Carney's "Failed Wave" and Elliott Wave Analysis Introduction: Is this another Gold trap? As we've observed, there have been several traps in this range, all triggered by harmonic patterns. Here we are facing another potential bearish setup. A breakout at $2,162 could signal a strong bullish trend, but there might be room for pause. Let's take a closer look. Understanding the Failed Wave: Scott Carney's "Failed Wave" concept is integral to our analysis of the gold market. This phenomenon occurs at the 1.13 Fibonacci extension level and can signal a potential market contraction and reversal if the price fails to close above it. Current Market Position: Gold’s interaction with the 1.13 extension level is under critical observation. A failure to sustain a move beyond this level might confirm the "Failed Wave," potentially initiating a bearish trend as predicted by harmonic patterns. Elliott Wave Consideration: The possibility of an Elliott Wave 5 truncation is noted, with Wave 1 starting on December 15th, 2015. Retracement zones are denoted in blue on the chart. If Gold Closes above $2162 this will start a wave 5 1.618 extension to $2370.36. Breakout Potential and Target Prices: If gold demonstrates strength by closing above the 1.13 level, it negates the "Failed Wave" scenario, potentially setting up a bullish progression. The breakout target zones are: • Intermediate Target: $2,162 (Significant resistance level) • Primary Target: $2,370.36 (1.618 Fibonacci extension) Downside Support and Target Levels: Should gold fail to maintain its momentum above the 1.13 extension, the following levels are critical: • Initial Support Level: $2,048 - Orderblock Support (A significant level) • Target 1: $1,959 - Terminal support • Target 2: $1,880 - 0.5 Fibonacci zone (Elliott retest) • Target 3: $1,812 - Harmonic T1 retest zone Trading Considerations: Traders might consider a dual approach, preparing for a "Failed Wave" with stop-losses above the 1.13 level & HOP level of $2162 at around $2190, and alternatively, considering long positions above this level targeting $2,370.36 at the 1.618 extension. Concluding Perspective: The gold market is at a significant technical juncture, with the price action near the 1.13 Fibonacci extension potentially dictating the mid to long-term market direction. The market is balancing between the potential for a "Failed Wave" and a bullish continuation towards the 1.618 Fibonacci extension target. Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence and consult with financial advisors before making any investment decisions. Trading involves risks, and personal risk tolerance and investment objectives should be carefully considered.
TVC:GOLD
by TechChartMark
2
Gold Analyze (Road Map)!!!🗺️Gold wants to make a similar Movement like the Main wave 2 ( Flat Correction ), I tried to show you the end of the Main wave 4 in my Chart, and probably it will happen at my TRZ (Time Reversal Zone). Where is the end of main wave 4 ❗️❓ 🎯 Target 🎯: 1680$ until 1650$ Where is the end of main wave 5 ❗️❓ 🎯 Target 🎯: 2263$ until 2230$ Gold Analyze, Timeframe Weekly (Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:GOLD
by pejman_zwin
4
THE KOG REPORTKOG Report: In last weeks KOG report we said we would be looking for two trades, either a long from support levels or a short from resistance levels if they took it up. We suggested keeping an eye on the 2010-15 resistance as we expected a reaction in price there, and if broken we would be looking at the 2030-35 region as a target point. During the week, we released KOG’s bias for the week with a target of 2055 based on the monthly chart we also shared. We suggested anyone taking longs leave a runner for potential higher pricing, which if you did, hat’s off to you! An aggressive end to the week which was expected with gold closing just short of it’s previous high in line with the monthly chart that was shared. So, what can we expect in the week ahead? We’re going to keep a close eye on that monthly chart which is linked below that has a target level of 2093-5 to be precise. Now, this is definitely going to be a difficult end to the year as due to this move, having left voids behind and nearly completing the swing, there is huge potential for a big pullback before then resuming the attack at that level. For that reason, just as the reports prior to this, we would suggest caution on the markets, especially if you’re new to trading. Again, we’re going to take it steady, trading this level to level using KOG’s red box strategy and taking it level to level if they continue this move to the upside. The levels below of importance are the order region 2050-55 where if they bring the price down to and we see strong support, we feel an opportunity to long back up to target that 2090-95 region could be on the cards. A break of that level and they are likely to correct this move taking us down towards 2020-25 before we see a reaction in price. On the flip, the ideal scenario for us here is for price to attempt an attack at the resistance level above, shown on the chart, and if we see a confirmed set up with strong resistance, we feel an opportunity to swing short is on the horizon. These resistance levels are 2075 and above that 2090-95 with extension of the move into 2105-10 as an extreme level. We will update traders during the week with KOG’s bias for the day and our target levels which are proving to be very effective in guiding traders through the markets. KOGs bias for the week: Bullish above 2050 with target levels above 2085 and above that 2107 Bearish on break of 2050 with targets below 2020 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
6
GOLD 4H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We had a nice Bullish week last week clearing all our Bullish Targets. We are now seeing price test resistance at 2058 with ema5 with a candle body close above the level leaving a big gap to 2081. However, we would need to see ema5 cross above this level to solidify the confirmation of the movement. Failure to lock above this level will follow with a rejection into support. The breaks and locks will allow us to track the movement down and our weighted levels allowed us to buys dips for 30 to 40 pips, as you can see on the chart. We also have a retracement range at 2047 for a reactional bounce and if we get a cross and lock below this level with ema5 then the swing range will be open for a reactional bounce. 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 the 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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2081 EMA5 CROSS AND LOCK ABOVE 2081 WILL OPEN THE FOLLOWING BULLISH TARGET 2094 2108 BEARISH TARGETS - 2058 2047 EMA5 CROSS AND LOCK BELOW 2047 WILL OPEN THE SWING RANGE SWING RANGE 2017 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
FXOPEN:XAUUSD
by Goldviewfx