GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price lay between two weighted levels with a gap above at 2736 and a gap below at 2694, as weighted Goldturns and will need 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 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 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.
BULLISH TARGET
2736
EMA5 CROSS AND LOCK ABOVE 2736 WILL OPEN THE FOLLOWING BULLISH TARGET
2785
EMA5 CROSS AND LOCK ABOVE 2785 WILL OPEN THE FOLLOWING BULLISH TARGET
2821
EMA5 CROSS AND LOCK ABOVE 2821 WILL OPEN THE FOLLOWING BULLISH TARGET
2858
BEARISH TARGETS
2694
EMA5 CROSS AND LOCK BELOW 2694 WILL OPEN THE FOLLOWING BEARISH TARGET
2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE FOLLOWING BEARISH TARGET
2611
EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE
SWING RANGE
2565 - 2519
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
Goldprediction
GOLD DAILY CHART UPDATEHey Everyone,
Please see our updated daily chart idea that we updated last week.
This chart is playing out perfectly, as we had the support test at 2560 weighted level with no ema5 cross confirming support for the rejection and bounce like we analysed.
This followed with the bullish target gap at 2629 being hit with a cross and lock opening 2686. 2686 was hit perfectly completing this range. We now have candle body close above 2686 leaving a gap above at 2760 but ema5 cross and lock will further confirm this.
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 using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to 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
XAU/USD Longs from 2695.000 or 2665.000 back up to supplyThis week, my analysis for gold leans toward continued bullish momentum. Over the past week, gold has shown significant bullish behaviour, including a clear change of character to the upside on the higher time frame. My plan is to look for buying opportunities at the nearest valid demand zones, specifically the 55-minute or 13-hour demand zones below the current price level.
Following this corrective move, I anticipate another rally to the upside, potentially mitigating my marked supply zones above, where I’ll evaluate for short-term selling opportunities. However, I’ll reassess as the week progresses. For now, my bias remains firmly bullish on gold.
Confluences for GOLD BUYS:
- Price has broken structure to the upside and continues to display strong bullish momentum.
- Both higher and lower time frame analysis indicate persistent bullish pressure.
- Key demand zones provide excellent retracement levels for potential buy entries.
- Significant upside liquidity remains untapped, acting as potential targets.
- Candlestick patterns highlight robust bullish sentiment.
P.S. With ongoing fundamental news driving gold’s bullish movement, my sentiment will remain bullish unless there’s a clear indication of a trend reversal.
GOLD ROUTE MAP MARKET REVIEWHey Everyone,
A smashing finish to the week with our 1H chart idea playing out to perfection completing all our targets.
After completing targets and updating throughout the week, yesterday we finished with a cross and lock above 2649 leaving a gap target open to 2678.
- This target was hit today completing this chart idea and more .
4H CHART UPDATE
Our 4H chart idea also completed all targets this week, with each level giving us cross and lock confirmation with plenty of time to get in for the action.
We will now come back Sunday with our updated 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
GoldViewFX
GOLD - mysterious area in overall move, whats next??#GOLD.. i got something for you that 2708 09 is a mysterious area in overall move from bottom, if you watch daily chart you can see that market didnot hold even single top in bullish scenario.
so now until market hold that top there is no buying..
only buy above that
good luck
trade wisely
GOLD UPDATES Hello fellow trader, here is my new view on GOLD, as the price not reacting to previous. then I would expect a bounce, to rebalance the movement on the downside.
This is only my opinion, Idea now is to short at above trendline.
This is not a financial advice.
we wait above or we try to buy here on this zone.
FOllow for more.
XAUUSD Detailed Analysis on D1 Time Frame | 22/November/2024XAUUSD Detailed Analysis on D1 Time Frame | 22/November/2024
t.me
For more intra and swing trades you guys can join our Telegram Channel
-This video is based on Educational Purposes
- market touched the region that what we are selected and we are confident on that point
- Current point 2707 and more to more market have to be create a lowest lowest which would be the 2460 area so this trade is based on those who have patience level 100%
- Market will Expected a big dead fall down
- our target would be to catched more then 1000 Pips from that trade
-Lets enjoy the postions with us !!
Gold price analysis November 22Gundamental analysis
Gold (XAU/USD) maintained its strong intraday gains in early European trading and is now trading near a two-week high, just below the $2,700 mark. Persistent geopolitical risks stemming from the worsening Russia-Ukraine conflict helped the safe-haven precious metal extend its weekly rally for a fifth straight day. In addition, expectations that US President-elect Donald Trump’s expansionary policies could stoke inflationary pressures turned out to be another factor in favor of the commodity, which is seen as an inflation hedge.
Meanwhile, buying of the US dollar (USD) remained unabated amid growing acceptance that higher inflation could limit the scope for further rate cuts by the Federal Reserve (Fed). Furthermore, expectations of a less dovish Fed, coupled with concerns over a larger fiscal deficit, still favor rising US Treasury yields, although they have not significantly dampened the bullish sentiment around non-yielding Gold. XAU/USD bulls have even ignored the prevailing risk-on sentiment, suggesting that the path of least resistance for bullion is to the upside.
Technical Analysis
2708-2710 is emerging as a technical resistance zone at the moment with corrective waves expected. 2673 and 2675 are the two targets we are aiming for. Note that today is the weekend so huge volatility is still waiting for the US session.
GOLD HIGHT PROBABILITY SETUP!!According to Candle Range Theory (CRT), GOLD price swept the previous week high (CRT LOW), and this daily candle (today's candle (22/11/2024)) must close below the previous week high (CRT HIGH). If this daily candlestick closes below, the whole week next week (25/11/2024) gold will be selling (bearish). The target will be Previous week low (CRT LOW).
Another thing, on weekly timeframe you will see gold has touched the bearish fair value gap (FVG) which was our internal range liquidity (IRL) but on Daily timeframe we still have to touch the bearish FVG with a rejection, then we can sell.
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” - Jim Rogers
GOLD:Retracting the long trading strategy
Gold rebounded to around 2660 as scheduled, the bulls have come to strong pressure, but it has no meaning to fall, we can not know the end of this wave of long rebound, the operation to follow the trend, the shape of the weekly bearish trend will be changed, yesterday's bottom pulled up again, the daily line step by step, three consecutive trading days closed in the sun, Such a market must see clearly the general direction, otherwise it is difficult to grasp the rhythm, when you can not see clearly on the sidelines waiting, today's thinking waiting for its retrace opportunity to do long.
Daily line these two days to form two strong support, one is yesterday's low 2618 near, this position is not broken, short-term are strong, if broken, the form may form a new bear.
Another support is around 2642, yesterday's rebound high, is also a new form of support, today back to step on this position first layout more single. Target 2660, after breaking 2680-85.
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the charts today with our analysis and plans to buy dips working out perfectly!!
After completing our targets all week, yesterday we stated that we were now looking for ema5 to cross and lock above 2649 to open 2678. We got the cross and lock, which followed with a nice move up of over 200 pips so far but just short of the full target. The gap remains open however, buying dip is the safest way to chase open gaps.
As long as support holds above 2649 with no lock below, we will continue to buy dips in this range until we see a failure above followed with a test and break and lock below 2649, which will open the lower Goldturn.
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 and knowing we have gaps above, allows us to safely buy from dips.
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 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.
BULLISH TARGET
2574 - DONE
EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET
2599 - DONE
EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET
2622 - DONE
EMA5 CROSS AND LOCK ABOVE 2622 WILL OPEN THE FOLLOWING BULLISH TARGET
2649 - DONE
EMA5 CROSS AND LOCK ABOVE 2649 WILL OPEN THE FOLLOWING BULLISH TARGET
2678
BEARISH TARGETS
2551
EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET
2525
EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE
SWING RANGE
2506 - 2484
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 Pattern FormationDuring the last bearish momentum which happened between 2790 - 2536, there were imbalances created in between (2 FVGS covered in the chart) and one has already been covered.
I do anticipate that the price might complete this imbalance and continue with the bearish movement! An analysis will follow up using a shorter time frame.
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
SasanSeifi|Will Gold Reach Higher Targets!?Hey there, ✌Analyzing the gold chart on the 2-hour timeframe shows that after a bearish trend and reaching the 2540 level, the price entered a consolidation phase and faced demand. Following the breakout of the supply zone, the price rallied to the 2640 range.
Currently, after hitting the 2640 resistance, the price has started a corrective move toward the support zone at 2620-2610. In a bullish scenario, the price is expected to target levels of 2645, 2650, 2660, and potentially 2667-2675. However, rejection and further corrections are possible from these levels.
If the price breaks below 2610 and stabilizes, the likelihood of further declines toward 2600-2590 increases.
On the daily timeframe, the overall outlook leans more towards a bearish move, with a target of 2500.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
XAUUSD, 15-MINUTE TIMEFRAME CHARTCAPITALCOM:GOLD XAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last day. The pair moved to the level of 2,650.00.
Possible scenario
The best way to use this opportunity is to place a buy order at 2,652.
Set your stop loss at 2,647. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,672. ($20.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
OANDA:XAUUSD CAPITALCOM:GOLD
GOLD ROUTE MAP UPDATEHey Everyone,
A Piptastic day on the charts today once again hitting our targets and playing out, as analysed.
After completing our targets this week yesterday we stated that we had a cross and lock above 2622 opening 2649 and as long as 2622 holds and we don't see a cross and lock below 2622, 2649 will remain open.
- This played out perfectly, as 2622 held without ema5 crossing and gave the support for our Bullish target at 2649 to be hit, completing this target!!
We will now look for ema5 to cross and lock above 2649 to open the range above or failure to lock above will see price test the lower Goldturns for 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 and knowing we have gaps above, allows us to safely buy from dips.
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 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.
BULLISH TARGET
2574 - DONE
EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET
2599 - DONE
EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET
2622 - DONE
EMA5 CROSS AND LOCK ABOVE 2622 WILL OPEN THE FOLLOWING BULLISH TARGET
2649 - DONE
EMA5 CROSS AND LOCK ABOVE 2649 WILL OPEN THE FOLLOWING BULLISH TARGET
2678
BEARISH TARGETS
2551
EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET
2525
EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE
SWING RANGE
2506 - 2484
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
GOLD:A long trading strategy
These two days of gold bulls are very strong, the daily line for two consecutive trading days crazy pull, has topped the daily pressure around 2642, in terms of its power 2642 is difficult to keep, yesterday stepped back today pulled up again, this wave of rise is caused by the escalation of the situation in Russia and Ukraine, today we first find more single opportunities
2642 This yesterday short thinking in line with expectations, there is little room for decline. Today's thinking to do more, at present, bullish strong support has been in step by step, long has worn the daily line 5 and 10 line, long trend is beyond doubt, but the weekly trend of short or in, we pay attention to it this wave of height can change the weekly short trend.
The shape of K has been V-shaped, there are many opportunities for backstepping, and the 4-hour moving average is also pierced, the previous backstepping low 2620 is today's strong support, small support is already around 2630-32.
Support around 2620 and 2630 can be long in batches, target 2642, disk strength division line 2632.