Gold Xau (tf1M) Last Phase AccumulationGold Xau Last Phase Accumulation incoming 👇
"Way from 1500 to 4100" (+175%)
OANDA:XAUUSD
⏰ TimeFrame 1 Month
👉 Go to last phase accumulation
👉 White Trace
👉 Green Trace
👉 EMA 200 1M (White)
👉 Fib Measure as pattern "ExPanding Triangle" ( blue stick )
👉 Potential +175%
✔️Logarithmic (Log) Chart & Fib
Goldprediction
Gold may face sharp fluctuations,The risk of downside increases!Technical analysis: Gold daily line rose by more than $100 on Thursday, creating a rare single-day increase in more than ten years. The cumulative increase in three days exceeded $200, and the technical indicators were overbought. The current gold price is in the stage of accelerating to the top. In the short term, pay attention to the resistance of the 3245-3250 area, and be alert to the risk of falling back after a high. Although the trend is still strong, the effectiveness of technical analysis is weakened under the guidance of news. It is recommended to focus on high altitude. This week is the fifth week of rising, and the probability of a change on Friday increases.
Ⅰ: The daily indicator macd golden cross is initially established, and the smart indicator sto quickly repairs upward, representing the bullish trend of the price. At present, because it is a historical high, there is no resistance point to judge, so we can only try it based on the small cycle indicators. The current support point of the daily line is located near the moving average MA5 and MA10, 3096-3088, and it is not considered to be far away from the candlestick chart.
Ⅱ: The current macd high golden cross in 4 hours is oscillating with large volume, and the smart indicator sto is overbought, which means that the price is oscillating at a high level. Because the indicators are at a relatively high level, they may face short-term peak signals at any time. Currently, we are focusing on the support line of 3176 near the MA5 moving average.
Ⅲ: The hourly MACD is currently oscillating with large volume, and the dynamic indicator STO is overbought, which means that the hourly line is still oscillating strongly. The current focus is on the 3220 line*. If it breaks through 3220 this hour, it will continue to look for a high point. Otherwise, a small cycle peak signal will be formed at this position. The current support below the hourly line is located at the MA5 and MA10 moving averages, and the focus is on the MA10 support line of 3185. Comprehensive thinking: The current price is oscillating at a high level, and the short-term focus is on the 3220 line*. If it breaks through, the price will continue to move upward. The current focus below is the support near 3190. If it falls below, the price may move to around 3150-3135.
Strategy: Refer to 3440-45 for short selling
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
After completing our 1h Chart route map, please see update on our 4h chart idea, also completed perfectly!
We started the week with the drop into the weighted retracement level. No ema5 lock below confirmed the rejection, inline with our plans to buy dips and then we saw price climb up nicely clearing all our bullish targets.
BULLISH TARGET
3045 - DONE
3078 - DONE
EMA5 CROSS AND LOCK ABOVE 3078 WILL OPEN THE FOLLOWING BULLISH TARGET
3109 - DONE
EMA5 CROSS AND LOCK ABOVE 3109 WILL OPEN THE FOLLOWING BULLISH TARGET
3137 DONE
EMA5 CROSS AND LOCK ABOVE 3137 WILL OPEN THE FOLLOWING BULLISH TARGET
3170 DONE
BEARISH TARGETS
3016 - DONE
EMA5 CROSS AND LOCK BELOW 3016 WILL OPEN THE FOLLOWING BEARISH TARGET
2987 - DONE
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-----Buy near 3190, target 3200-3260Gold market analysis:
Gold has been rising strongly in the past two days. The daily line closed with a big positive line again. The bulls stood above 3200. The current highest is around 3219. The form and indicators are basically useless in such a market. What we need is a firm bullishness. In the past two days, there is a characteristic that it has risen and never looked back. It is basically a 40-point rise. In such a market, we either wait or buy directly without thinking. Today's Asian session gold hovered above 3200, and it can also be bought directly above 3200. Gold has created the largest increase and highest position in history. This wave of gold fluctuations is no longer a simple fundamental, but caused by the current international situation. The big rise is not the top. We continue to follow gold to buy. If there is no big accident today, the weekly gold line will close with a super big positive line again.
The daily support has reached around 3167. This position is the previous top and the current support. Today's gold continues to buy based on this position. Given the current strength, it is basically impossible not to fall back. Pay attention to the opportunity of a small fall back and buy directly. Today, I estimate that the Asian and European sessions will rise, and the US tail market will fall back.
Support 3200, 3180, suppression is really invisible, and the watershed of strength and weakness in the market is 3190.
Fundamental analysis:
The CPI announced yesterday did not have a big impact on the market, but the data difference was still relatively large, the result was -0.1%, and the bulls only rose slightly. The bottoming out and rebound of the US stock market was mainly due to Trump's withdrawal of some tariff policies.
Operational suggestions
Gold-----Buy near 3190, target 3200-3260
4.11 Interpretation of gold technical ideas4.11 Interpretation of gold operation ideas: Gold prices rose sharply to a new high. How to trade next?
The daily line closed with a big positive line, and the closing price was far away from the previous high. This is a truly effective breakthrough!
There are two types of breakthroughs: 1. The amplitude and strength of the breakthrough! 2. The closing price after the breakthrough!
At present, the intraday pattern of gold prices is unbalanced. The rise and fall depends entirely on the international situation. The US dollar has fallen below 100 points, which has led to panic selling by investors and a sharp rise in gold prices. Therefore, if the situation eases, we must be wary of a rapid decline in gold prices. After a wave of accelerated rises in the morning, today's main focus is on the trend of the afternoon and US markets.
At present, the price of gold is hovering in the 3210 range. If it falls back, it is expected to rebound in the 3200-3190 range. If the European market breaks through the high for the second time and continues to strengthen during the day, then the US stock market will usher in a bullish opportunity again.
The market is always full of opportunities! The above strategies are for reference only, and personal opinions are for reference only. The specific operation is subject to real-time operation. If you want to obtain core member signals and increase account profits, please contact Ailen❤️❤️❤️
Gold buying momentum is off the charts!Market news:
In the early Asian session on Friday (April 11), spot gold continued to rise, reaching a high of $3,220/ounce, setting a new record high. The unexpected slowdown in US inflation dragged down the US dollar, and the international trade war continued to push investors to safe-haven gold. As trade tensions intensified, market risk aversion suddenly heated up, and the price of gold in London soared by more than $200!The first monthly price decline in nearly five years released by the U.S. Department of Labor on Thursday also showed that demand was weak amid growing concerns about a recession caused by tariffs, which also led financial markets to expect that the Federal Reserve may cut interest rates by 100 basis points this year. After the release of the U.S. CPI data, traders bet that the Federal Reserve will resume rate cuts in June, and may accumulate a 1 percentage point cut by the end of this year. Low interest rates are usually good for international gold because gold does not pay interest. As the situation of declining confidence has already formed, Federal Reserve officials are worried that this will further suppress consumption and investment. This week, Fed policymakers said they still believe that tariffs are a blow to economic growth and increase the risk of rising inflation, putting monetary policy at a difficult crossroads. Several Fed officials will still speak on Friday, and investors need to pay attention to them. In addition, they need to pay attention to the performance of the March PPI data, the international trade situation and the changes in market risk aversion.
Technical review:
The gold daily line closed with a big positive line with a gain of more than $100 yesterday. This single-day gain is extremely rare in more than 10 years. The market has been extremely crazy with a rise of $200 in two trading days. On Thursday, gold hit a new high in the US market. Market sentiment completely followed the tariff war. Technical analysis is pale and powerless to grasp it. We can only control risks and reduce positions to operate. The gold price stood on the middle track and the short-term moving average 5MA, that is, the 3030-3040 line, and the closing price was just above the MA10 daily line. This morning, gold continued to rise strongly relying on the MA10 daily line, and the current highest has reached the 3220 line. With such a strong impact, the rapid decline in the three trading days on the daily line has turned into a bottoming out and rebound. Whether it continues to break high or buy correction, it is just that the impact of the tariff war has accelerated the amplitude and time. According to the previous large rise, if the buying sentiment continues to be high, the next position is 3300.
Today's analysis
Gold has risen strongly, continuously setting new historical highs, and the buying momentum is strong! At the 4-hour level, the support level has moved up. The 1-hour moving average of gold has formed a golden cross upward buying arrangement, indicating that gold buying still has the power to rise further. At present, the gold price has set a new historical high, and it is not advisable to rush to chase the rise at this time. The short-term operation strategy can wait for the price to step back, and after stabilizing below, buy in combination with the support level. Today, the highest gold in the Asian session has risen to 3220, and the demand for risk aversion has increased. Most people have a high degree of attention and willingness to buy gold. Judging from the market trend, gold has already stood firm at the previous high of 3167, and the buying trend has continued. In the past few days, the daily increase in gold has exceeded 100 US dollars. I believe that the increase in gold prices today will not be too small, and today's gold is expected to further move towards the 3300 mark. Wait for a correction during the session and buy on the trend!
Operation ideas:
Buy short-term gold at 3177-3180, stop loss at 3168, target at 3220-3230;
Sell short-term gold at 3233-3236, stop loss at 3245, target at 3200-3190;
Key points:
First support level: 3200, second support level: 3185, third support level: 3170
First resistance level: 3223, second resistance level: 3236, third resistance level: 3250
XAU/USD(20250411) Today's AnalysisMarket news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's buying and selling boundaries:
3141.00
Support and resistance levels:
3244
3206
3180
3101
3075
3037
Trading strategy:
If the price breaks through 3180, consider buying, the first target price is 3206
If the price breaks through 3141, consider selling, the first target price is 3101
Insight into the gold market situation and seize the opportunityHello everyone! After in-depth research and analysis of the recent market conditions, I believe that the current market has entered the stage of accelerating to the top.
From a technical point of view, such as the MACD top divergence sign, the KDJ indicator oversold, etc., all signs show that the market's upward momentum is gradually weakening, while the price is rising rapidly, which is often a typical feature of the peak stage.
The focus needs to be on the 3225-3235 area. This range has important resistance significance and has dense locked-in disks. On the other hand, through technical analysis tools such as the Fibonacci sequence, this range is also an important pressure range.
For investors with short trading rights, this is a rare opportunity to go high and short. When the price reaches the 3225-3235 area, it is a relatively ideal time to enter the short market. The one-hour moving average golden cross is formed, but after the upper rail of the Bollinger band is broken, the technical overbought risk increases, and the support near 3150 is effective. 80 points are also possible, so don't look at the current trend with a conventional perspective.
GOLD MONTHLY CHART LONG TERM ROUTE MAP ANALYSISMonthly Time Frame Analysis for GOLD
Dear Traders,
Attached is the Monthly Chart Route Map for GOLD. Since October 2023, we have consistently analyzed and traded GOLD with 100% target accuracy. The Golden Circle areas marked on the chart highlight our precise analysis and successful target achievements.
Key Highlights:
* After successfully hitting TP1 and TP2, the candle has closed above TP2.
* EMA5 has crossed and locked above the TP2 level at 2603, confirming upward momentum.
* The EMA5 detachment process has been completed successfully.
* As previously noted, the Fair Value Gap (FVG) provided robust support at 2535, facilitating the upward push.
What’s Next for GOLD?
Based on these confirmations, we anticipate hitting TP3 this month. However, we have identified two significant GOLDTURN levels at 2702 and 2603.
In the short term, we may see some bearish movements, but the monthly chart reveals the bigger picture: a sustained long-term bullish trend. This kind of temporary reversal strengthens the bullish trend and offers an excellent opportunity to buy at dips near support levels, reducing risk.
Recommendations:
To understand the support structure in greater detail, refer to our smaller time frame analyses, which will help you identify optimal dip-buying opportunities while keeping the long-term gaps in mind.
As always, we’ll keep you updated with daily insights. Don’t forget to check our analyses on weekly, daily, 12H, 4H, and 1H time frames.
We appreciate your continued support! Please show your encouragement by liking, commenting, and sharing this post.
The Quantum Trading Mastery
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: February 2024
Hello Traders,
Here’s a weekly chart analysis of the GOLD, offering a comprehensive view of recent market trends and future predictions. Our diligent tracking since October 2023 has consistently delivered 100% target accuracy, as evidenced by the marked Golden Circle areas on the charts. Let’s dive into the highlights and what lies ahead.
Recap of Recent Successes
Weekly Chart Highlights:
Last week, the market flawlessly followed our predictions:
* Key Level 2735 ✅ DONE
* Entry Level 2735.88 ✅ DONE
* EMA5: Crossed and locked above Entry ✅ 2735 DONE
* Bullish Target TP1: 2877 ✅ DONE
* The FVG zone around 2735 sustained bullish momentum, while resistance was broken, leading to a new all-time high of 2886.
What’s Next for GOLD? Bullish or Bearish?
We anticipate continued bullish momentum with updated GOLDTURN levels and refined targets.
Key Level: 2735 remains critical.
EMA5 Behavior:
* If EMA5 holds above 2735 and crosses/locks above TP1 (2877), the next target is TP2 (3018), followed by TP3 (3160).
* A failure to hold above 2735 could indicate bearish momentum, prices will be retesting support at 2595 in the demand zone.
Recommendations & Strategy:
* Focus on EMA5: Its behavior near 2735 and TP1 will provide clear direction for short- and long-term trades.
* Support Levels: GOLDTURN levels at 2735 and 2595 are critical for identifying reversal zones and optimal dip-buying opportunities.
* For precise entry and exit points, review our daily, 12H, 4H, and 1H analyses to navigate the market confidently.
* Slight pullbacks may occur, with potential reversals near GOLDTURN levels.
* Long-Term Outlook: The monthly chart suggests sustained bullish momentum, offering excellent opportunities for dip-buying near key support zones.
Stay Updated:
We’ll continue to share daily updates, insights, and strategies on our TradingView channel and YouTube channel every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 17th February 2025
Hello Traders,
Here’s a weekly chart analysis of GOLD, offering an in-depth look at recent market trends and future outlook. Since October 2023, our consistent tracking has achieved 100% target accuracy, as shown by the Golden Circle markers on the charts. Let’s break down the highlights and what’s next.
Recap of Last Week’s Successes
Weekly Chart Highlights:
* EMA5 crossed and settled above Entry ✅ 2735 reached
* Bullish Target TP1: 2877 ✅ Achieved
* GoldTurn Levels at 2875 activated twice ✅ Reached
What’s Next for GOLD? Bullish or Bearish?
After hitting ENTRY LEVELS at 2735 and TP1 2877, we saw a small close above 2877 last week, leaving 3018 open as a potential target. We mentioned that an EMA5 lock would confirm this movement.
While EMA5 hasn’t locked yet, the close from last week provided a solid push upward, gaining over 500 pips. The long-term gap remains open, with more movement likely after last week’s candle body close.
Key Level: 2735 remains a critical zone.
GoldTurn Levels at 2875 and 2735 are active, and the price may revisit these levels before bouncing back to reach TP1 and beyond.
Recommendations & Strategy:
* Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades.
* Support Levels: GoldTurn levels at 2875 and 2735 are vital for identifying reversal points and prime dip-buying opportunities.
* FVG Support: A range between 2835 and 2850 is also supportive.
For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance.
We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 24th February 2025
Hello Traders,
Here’s a weekly chart analysis of GOLD, offering an in-depth look at recent market trends and future outlook. Since October 2023, our consistent tracking has achieved 100% target accuracy, as shown by the Golden Circle markers on the charts. Let’s break down the highlights and what’s next.
Gold reached an all-time high of $2,954.80 last week. As previously noted, close attention to the movement of the 5-day Exponential Moving Average (EMA5) was advised. The anticipated Fair Value Gap (FVG) provided strong support at $2,850, with the EMA5 approaching the first take-profit (TP1) level at $2,877, leading to a bullish surge that touched the all-time high. However, the EMA5 has yet to cross and stabilize above $2,877.
This situation persists, with the EMA5 still not locked above $2,877, which is necessary for further bullish confirmation. If the EMA5 fails to cross and hold above this level, the price may reverse to test the GoldTurn level at $2,875 before potentially bouncing back upward.
The key level at $2,735 remains a critical zone. Active GoldTurn levels at $2,875 and $2,735 suggest that the price may revisit these areas before advancing to TP1 and beyond.
Recommendations & Strategy:
* Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades.
* Support Levels: GoldTurn levels at 2875 and 2735 are vital for identifying reversal points and prime dip-buying opportunities.
* EMA5 detachment is still due on weekly chart.
For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance.
We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery
Accurately capture the gold pullback, shorting is the right timeDuring this period, spot gold has been like a rocket, advancing all the way and firmly in the upward channel. I have repeatedly reminded everyone before that once the US tariff stick is swung, the gold price will definitely rush up like a chicken blood. No, the facts prove that our prediction is quite reliable!
Tonight, the market ushered in another "big news" - the release of CPI data. As soon as this data came out, it directly gave the gold price a "heart shot", and the gold price was instantly pushed to around US$3160. This rise is too crazy! Interpret this data as soon as possible and pay close attention to the reaction of the gold market.
However, when the gold price rose to the previous high of US$3158-3168, it was like hitting a wall and began to "struggle". From my technical analysis point of view, there is a relatively strong resistance level in this range. It's like a person climbing a mountain, climbing to a certain height, and encountering a steep cliff. If you want to continue to go up, you have to work hard. At present, the gold price is under pressure at this position, and there are some signs of a correction. This provides us investors with a small opportunity to consider trying a short position here and earn some spread profits. I also suggest that investors can properly seize this short-term opportunity.
For example, the current gold market is like a fierce football game. The long team is strong and has been attacking all the way, and is in a dominant position. The short team can only seize the opportunity occasionally and make a quick counterattack. We investors are like coaches, and we must arrange tactics reasonably according to the situation on the field. When the long side is dominant, we can use short selling to increase our profits in a timely manner. I hope everyone can accurately grasp the market rhythm like an excellent coach.
Gold Technical Outlook: Bounce Likely Before Deeper Drophello guys.
The recent price action on gold suggests a potential short-term upward move, followed by a possible continuation to lower levels based on key technical factors:
🔹 1. Channel Support Touched – Expecting a Bounce
Price has touched the bottom boundary of the ascending channel, which has acted as dynamic support throughout this trend.
This technical level often brings in buyers, suggesting we may see a relief rally or bounce from this area.
🔹 2. Targeting Upper Blue Zones
If this upward correction materializes, price could reach:
The first blue resistance area around 3,090 – 3,100.
Possibly the second zone near 3,120, which aligns with previous structure and minor volume resistance.
These zones offer ideal points for watching price reaction—either rejection for shorts or breakout confirmation.
🔹 3. Potential for Further Downside
If the price gets rejected from one of those resistance areas, we could see a move down to:
The low-volume zone below 3,000, specifically the support at 2,965.
The lack of volume profile in this area (as shown on the left) suggests that once price enters this zone, it can drop quickly due to thin liquidity.
📌 Conclusion
Short-term bullish: bounce from channel support targeting 3,090–3,120.
Mid-term bearish bias: If rejection occurs in resistance zones, anticipate a drop to 2,965 or even lower.
Watch for confirmations on lower timeframes to refine entry and exit points.
GOLD UPDATES FOR SWINGHello folks, How are you today, lets see the downside momentum on GOLD, expecting the price could go to weekly demand, after the daily demand retracement today. I'm expecting downside.
This is only my view, I will refined the entry once we reach at 2600-2630 zone.
This is only my highest view base on weekly Timeframe.
This is not a financial advice either.
Follow for more swing trades.
Do you like this idea? give a comment or boost it for more.
I only share swing trades. Goodluck. pewwpeww
Gold V-shaped reversal breaks through new highs to usher in a buFundamental analysis:
The erratic tariff plans of the US administration have shaken the entire global market, with market participants scrambling for direction and certainty. This is usually supportive for gold, which has risen 18% so far this year. Gold has also been boosted by expectations of further monetary easing by the Federal Reserve and central bank purchases.
Technical interpretation:
From the 4-hour chart, spot gold has completed a typical V-shaped reversal pattern, rebounding strongly after a deep correction. After hitting a low of $2,956.67, gold prices launched a counterattack, breaking through the suppression of multiple moving averages in one fell swoop, and finally stood firm at the key resistance level of $3,100. It is worth noting that gold prices are currently running above the rising trend line, which indicates that the short-term trend has clearly turned bullish.
The MACD indicator shows a strong bullish signal, with the DIFF line and the DEA line forming a golden cross, and the DIFF value is 13.58 and the DEA value is -1.55, indicating that the upward momentum is accumulating at an accelerated rate. At the same time, the MACD bar chart continues to expand, further confirming the strengthening of bullish power.
Although the daily MACD indicator temporarily shows signs of high divergence, the DIFF value is 35.22 and the DEA value is 40.67, but both are at high levels, indicating that the medium- and long-term momentum is still strong. The daily RSI is 62.58, which is in a moderately strong area and does not show obvious overbought. The daily CCI is 74.30, which also shows that the medium-term upward momentum is still continuing.
Analysis of short-term operation ideas:
After the gold price broke through the key resistance of $3,100, the technical side showed a clear trend of strengthening. If it can stand firm at this level, the next target will point to the historical high of $3,167.60, and a new round of upside will be opened after the breakthrough. In terms of support, $3,060.00 (previous breakthrough position) will provide effective support. If it fails, it may pull back to the lower track of the rising channel near $2,968.00. Recent US inflation data and trade situation developments will become key catalysts for short-term trends.
GOLD MCX MINOR RESISTANCEGOLDMCX
Gold Mcx has seen huge bull run today on 10th April 2025 (Thursday), Looking at the chart it can be clearly seen yellow metal on MCX is trading in upwrad trending channel pattern and around 92400-92500 Channel Pattern Resistance can be observed. There can be some profit booking seen from current levels, One can get out of long positions and reenter long position once GoldMCX closes above 92500, till then book profits on Long positions, or sell Gold MCX with Small stoploss of 92600
Gold/XAUUSD Intraday Move 10.04.2025📊 Market Context
After a sharp selloff from the $3,160 region to sub-$2,980 levels, the market is now in recovery/consolidation mode.
Market currently hovers around $3120 after bouncing from below $2,980, indicating buyer interest.
📏 Fibonacci + Support Confluence Zones
✅ Buy Zone 1 – $3095–3100
Reason: Retest of strong horizontal support.
Signal to Enter Long: Bullish engulfing / hammer on M5/M15 + RSI divergence.
Target: $3,110 (first), $3,120+ (extended).
✅ Buy Zone 2 – 3070-3075
Reason: Previous bottom, possible double bottom scenario forming.
Signal to Enter Long: Strong rejection wick / double bottom + volume surge.
Target: $3085 first, then trail till $3,100.
🔁 Retest Logic
Wait for price to retest any of these zones on low volume → watch for bullish candle close.
Ideal scalping trade: Enter on confirmation, small SL, tight TP.
⚠️ Important Notes
Avoid entering mid-range trades without pullback confirmation.
Aggressive buys can be scalped on momentum only if volume supports.
Always monitor for news or sudden volume spikes which can invalidate pullback zones.
Please follow, like, comment and share to get more analysis daily.
GOLD ROUTE MAP UPDATEHey Everyone,
Another awesome day on the markets with our Bullish targets getting smashed.
After completing all targets upto 3078 yesterday, we continued to get candle body close breakouts above 3078 opening 3094 and above 3094 opening 3119 and then ema5 lock above 3119 confirmed 3148 for the perfect finish to this chart idea.
We can now move over to our 4H chart idea and our remaining multi timeframe route maps to continue to track the movement for the rest of the week.
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
3055 - DONE
EMA5 CROSS AND LOCK ABOVE 3055 WILL OPEN THE FOLLOWING BULLISH TARGET
3078 - DONE
EMA5 CROSS AND LOCK ABOVE 3078 WILL OPEN THE FOLLOWING BULLISH TARGET
3094 - DONE
EMA5 CROSS AND LOCK ABOVE 3094 WILL OPEN THE FOLLOWING BULLISH TARGET
3119 - DONE
EMA5 CROSS AND LOCK ABOVE 3119 WILL OPEN THE FOLLOWING BULLISH TARGET
3148 - DONE
BEARISH TARGETS
3034 - DONE
EMA5 CROSS AND LOCK BELOW 3034 WILL OPEN THE FOLLOWING BEARISH TARGET
3015 - DONE
EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET
2999 - DONE
EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET
2975 - DONE
EMA5 CROSS AND LOCK BELOW 2975 WILL OPEN THE SWING RANGE
SWING RANGE
2950 - 2922
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
I Came Back As A Gold TraderThis is a short detailed video about my journey and transition from PEPPERSTONE:NAS100 to NASDAQ:XAU . For Gold, I see a very big push for a new all time high at 3189-3200. All this is possible if the previous high gets a solid break since there's been a major resistance in the area. I'm currently in the trade and added another just incase. Let's see how this plays out..