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 level range. We have 2332 and 2339 Goldturn resistance levels and 2321 and 2312 as Goldturn support levels with 2339 as weighted resistance and 2312 as weighted 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 2332 open gap and will need ema5 to lock above 2339 to confirm the range above. We also have 2321 and 2312 as the retracement area and will need ema5 lock below this to open the swing 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
2332
2339
EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2349
POTENTIALLY 2354
EMA5 CROSS AND LOCK ABOVE 2354 WILL OPEN THE FOLLOWING BULLISH TARGET
2364
BEARISH TARGETS
2321
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2306 - 2298
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!
Mr Gold
GoldViewFX
Goldsignals
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 between two weighted levels. We have 2337 Goldturn resistance and 2325 and 2316 as Goldturn support levels with 2337 as weighted resistance and 2316 as weighted 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 2337 open gap and will need ema5 to lock above 2337 to confirm the range above. We also have 2316 as the retracement area and will need ema5 lock below this level to open 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 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
2337
EMA5 CROSS AND LOCK ABOVE 2337 WILL OPEN THE FOLLOWING BULLISH TARGET
2346
2353
POTENTIALLY 2360
EMA5 CROSS AND LOCK ABOVE 2360 WILL OPEN THE FOLLOWING BULLISH TARGET
2376
BEARISH TARGETS
2325
2316
EMA5 CROSS AND LOCK BELOW 2316 WILL OPEN THE FOLLOWING BEARISH TARGETS
BEARISH TARGETS
2309
2302
EMA5 CROSS AND LOCK BELOW 2302 WILL OPEN THE SWING RANGE
SWING RANGE
2290- 2284
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!
Mr Gold
GoldViewFX
GOLD DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure.
Last week we completed the gap to 2359 perfectly, as analysed. No ema5 lock above this level and therefore a rejection gave the drop.
We then stated that we will continue to see price play between 2355 and 2309 until we see a lock confirmation for the next range.
- This is still playing out with no cross and lock on either 2355 and 2309 and therefore playing between the range.
We have marked the charts with the 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 algo generated levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP Hey Everyone,
Please see update on our mid to longer term weekly chart idea.
After completing our 2356 target week before last, we saw price test support at 2310 last week followed with the rejection with the gap to 2356 now left open again for a re-test.
The channel half line is a crucial level of support on this chart and as long as ema5 remains above the channel half line, we should be able to continue to buy dips. A break and lock below the channel half line will open the range test for the channel bottom.
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.
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GOLD (XAUUSD): Detailed Structure Analysis
Here is my latest structure analysis
and important supports & resistances for next week.
Horizontal Structures
Support 1: 2277 - 2298 area
Resistance 1: 2360 - 2368 area
Resistance 2: 2375 - 2387 area
Resistance 3: 2426 - 2450 area
Vertical Structures
Vertical Resistance 1: Rising trend line
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
GOLD ROUTE MAP UPDATEHey Everyone,
Awesome finish to the week today with our final target at 2339 complete with the perfect exit before the rejection.
We were able to track the movement down all the way into the swing range with cross and lock confirmation below 2312. We also had ema5 cross and lock above 2330 leaving the gap to 2339 open, giving us the confidence to buy dips throughout the week into our final target today.
2349 was a potential momentum target and not one to chase now.
BULLISH TARGETS
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339 - DONE
BEARISH TARGETS
2312 - DONE
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294 - DONE
As always, we will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for the week ahead.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a smashing weekend all!!
Mr Gold
GoldViewFX
XAUUSD last day of month/quarter. Expect fireworks Good evening gold gang!!!! hope you're well and ready to rumble once again
today we saw a huge expansion to the upside breaking all down structure, im happy to say we got in at the bottom to buy up!! i personally took 50 pips as i needed to leave the screen but the group took a lot more, congrats you lot
I am looking for buys now the price has shown us the change of trend so a pull back in asian would be fantastic for me
incase of catastrophic sells, expect the major algo to hit .. i predict its gonna be a mad one tomorrow!!!!!
lets lock in last day of the month!
see you in london
tommy
GOLD ( UNDER GBP NEWS ) ( 4H )XAUUSD
HELLO TRADERS
Tendency the price attempt to reach a support trendline , indicating the price is under bearish pressure
TURNING LEVEL : a blue line a round 2,323$ , which indicates two cases , the first cases until the price trade below 2,323 $ reach a support level , the second case the price breaking 2323$,the price reach resistance level
RESISTANCE LEVEL : a green line , an area above the turning level , the gold price area for the resistance level 2,345$ , selling have already increase at this level
SUPPORT LEVEL : a red line , an area below turning level , the gold price for the support level 2.302$ , buying have already increase at this level
price movement : the price is under bearish pressure until trade below turning level at 2,323$ , it will attempt to reach support level at 2,302$ and 2,288$ , if the breaking this level the price trying to reach a resistance level at 2,345$ and 2,360$
TARGET LEVEL :
RESISTANCE LEVEL : 2,345$ , 2,360$
SUPPORT LEVEL : 2,302$ , 2,288$
GOLD ROUTE MAP UPDATEHey Everyone,
A PIPTASTIC day on the chart today buying dips in style form our swing range.
Yesterday we had the swing range activate and hit perfectly and it did exactly what it says on the tin, by giving the swing bounce into the next Goldturn and we were looking for the complete movement into 2312.
- The full swing was completed today and now a continuation into 2330 weighted Goldturn. We are seeing a rejection here currently and will need to see ema5 cross and lock to re-confirm the 2339 outstanding target from previous gap.
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
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312 - DONE
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294 - 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!
Mr Gold
GoldViewFX
Gold is Ready to Fall Again!!!After failing to break the Descending Channel , Gold started to fall again and managed to break the Support zone($2,338-$2,318) and Support line .
According to Elliott's wave theory , Gold seems to be on its way to completing five more bearish waves .
I expect Gold to fall at least to the next Support zone($2,288-$2,250) .
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
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 gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
World gold price dropped to its lowest level#GOLD ANALYSIS - June 27, 2024
⏬Sell Gold at fee variety 2315-2320
❌Stop location 2325
⏫Buy brief Gold at fee variety 2295-2300
❌Stop location 2285
🌐In the 4th session, yesterday. True to yesterday`s analysis, Gold fee persisted to weaken, attaining the bottom guide area of the day at 2294.
✅The promoting stress during the last few days has proven no symptoms and symptoms of ending, however, withinside the cutting-edge fee variety it is able to be taken into consideration a pretty critical guide area, so private opinion on this location the fee of gold might also additionally growth slightly. earlier than new developments appear.
✅Traders should purchase brief on the cutting-edge fee variety of 228x-229x and anticipate a brief growth all through the day to discover a Sell factor withinside the close to future.
--
Mr. Bart Melek, commodity strategist at funding financial institution TD Securities, stated that the gold marketplace can be reacting to the strengthening of the USD. According to Mr. Melek, americaA Federal Reserve (Fed) is not likely to alternate hobby fees in early summer.
The USD rose 0.4% to its maximum stage in almost months in opposition to different currencies. This made gold extra steeply-priced in opposition to different currencies, at the same time as US 10-12 months bond yields hit a almost -week high. Traders at the moment are looking forward to US inflation statistics later this week. The statistics ought to shed mild at the valuable financial institution`s hobby charge path.
In addition, the marketplace additionally centered its interest on US financial increase statistics and the critical debate among US President Joe Biden and Republican candidate Donald Trump taking location on June 27 nearby time.
Data launched on June 25 confirmed that US client self assurance fell in June amid worries approximately the financial outlook. However, families stay constructive approximately the hard work marketplace and assume inflation to mild subsequent 12 months.
On June 25, Fed Governor Michelle Bowman stated that maintaining coverage hobby fees strong for some time can be sufficient to govern inflation, however emphasised that the Fed is prepared to boom borrowing expenses if necessary.
GOLD (XAU)US inflation eased less than expected in September to 8%, and underlying prices excluding food and energy prices accelerated to a new four decade high
Core CPI gained at its highest annual pace in 40 years, rising 0.6% for the month and 6.6% for the year and Fed funds futures are now pricing in 75 bps in December, up from 50. Moreover, terminal rate expectations rose to 4.85% in March. As a consequence, the 10-year Treasury yield rallied to 4.080% while the 2-year yield was up to 4.535%. As measured by the DXY index, the US dollar dropped by 1% to almost 112.14 as risk sentiment returned to markets. At the time of writing, the DXY index is down by some 0.73% having fallen from a high of 113.92 to a low of 112.147 so far
Gold close to very important support level 1550-1500 and If it break down then we go back 1450-1400 support zone
1300-1200 is a good buy and long zone , my short position at 1940 is still open
Can bears break 1500 support zone?
XAUUSD ( UNDER SWING 2,337 $ )XAUUSD
HELLO TRADERS
in the last chart , as mentioned the price under bearish pressure , dropping + 180 pip
it is continues a dropping to 2,302 $
Tendency the price is a bearish pressure in 2,327$
TURNING LEVEL : the price turning level at 2,327$ , price stable below this level it becomes reach a support level , but if breaking this level by open 4h candle above this level reach to 2,343$ active bullish area
RESISTANCE LEVEL: if the price braking turning level at 2,327$ , the price will rise to 2,343$ and 2,357 $ , then stable this level reach to 2,372 $
SUPPORT LEVEL : the price trade below turning level 2,327$ , it will reach the support level of 2,302 and 2,288 $, stable this level reach to 2,260 $
CORRECTIVE LEVEL : price will 2,327$ or swing 2,337$ , correct itself before decline
------------------------------
* Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
XAUUSD congrats sellers!! whats next?! good evening gold gang! wow another great day price following the analysis perfectly!! .. we caught the sells in the group but i was stopped at break even before the big drop once again but many in the group stayed in so congrats you lot!
the HTF trend is broken but the fundamentals are still bullish so keep an eye on the major news announcements this week. I would like to see a pull back in asia to sell down in london again to the major algo 2279. Id like it to spike there to take buys back up to follow news but will need to see at the time
no buys for me at the minute until the level at 2312 is cleared and closed above ..
lets have another good day! follow this page and like if you want me to keep posting on here again after a break ,, im enjoying it!
catch you in london
Tommy
USDJPY buyUS dollar vs Japanese Yen as we can in our chart the is pair is moving in a channel and we are seeing a potential buy side move keeping in view this situation we uphold that the pair can reach to the 162.450 level and then may be rejected from this level because of its historical significance and also the level is formed over weekly time frame and market has been rejected historically two times from this significant level if market is not rejected from this resistance level and breaks this level then it could reach Monthly Resistance level so keep watching the market
GOLD UPDATE 17/06/24 - 21/06/24- Gold prices remain under pressure, continuing their bearish trend after a steep sell-off last Friday. Today, gold prices fell as the U.S. dollar strengthened. This rise of 0.1% in the dollar makes gold more expensive for holders of other currencies.
- Technical View
The key level is 2,234. A sustained move under $2,344 will signal the presence of sellers. If this creates enough downside momentum, then look for the selling to possibly extend into the last swing bottom at $2,277.34. This could trigger an acceleration to the downside with the next target bottom at $2,146.15.
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the chart with our level to level tracking and trading out as analysed.
Yesterday we advised that we were playing in an extended range with a gap above at 2339 and the retracement gap below at 2312.
We got the retracement level hit at 2312 followed with a cross and lock below opening the swing range.
- The swing range was hit perfectly and did exactly what it says on the tin by giving the swing bounce perfectly into the next Goldturn allowing us to strategically buy dips from the weighted levels.
We will now look for ema5 to cross and lock above 2302 to complete movement into 2312. Failure to lock above this level will see swing range tested again. A break below the swing range will open the range below into 2285.
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
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312 - DONE
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294 - 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!
Mr Gold
GoldViewFX
XAUUSD Analysis was great, execution was not .. heres why Good evening gold gang!! another lovely bit of short term analysis playing out with a little twist ... price broke structure in asian as expected before shooting up in london pre ny! This had us fooled as it looked like it was coming up but it was actually tapping the zone from yesterday before dropping all the way through in the intended position.
The sells i had eyed up from the top .. but they were outside of my trading hours pre NY so i followed my rules and didnt take them
The current area were in now is dangerous as its sandwiched between 2 HTF zones and we need a break out. Price is respecting the current trend being bullish .. but its very close on its 4th touch of the trend! so it could collapse in asia. Lets wait for a clear break of the zone before entering
catch me in the DMS if you have questions ... its nice to be back posting on here after so long and reconnecting with you all!
have a great rest of your day
big T
GOLD ROUTE MAP UPDATEHey Everyone,
A choppy day on the charts today with 2330 broken leaving a gap open to 2339. We got the push up into 2337 and just fell short by 20 pips leaving 2339 gap open.
The rejection tested the Goldturn support below with 2323 providing the bounces, as advised yesterday.
We are now plying in an extended range with a gap above at 2339 and the retracement gap below at 2312.
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
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294
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!
Mr Gold
GoldViewFX
XAUUSD 2 options for tomorrow, lets discuss Good evening gold gang! a great day today catching 2 buy positions as planned last night. Well done to those who got in.
Price is still making bullish structure so i need to see a break of this and retest before selling currently. Buyers be aware we have a solid section of price at 2338 that will create a reaction .. ideally id like this cleared by london. Scalp sells can be available there but will need confirmation.
Geopolitical news of war etc is still bullish for gold and im expecting it to continue to rise as long as the HTF remains in trend.
the trend is your friend until the end as they say
have a great rest of your day and ill catch you in london
Tommy
GOLD ( STABLE UNDER 2,337$ )XAUUSD
HELLO TRADERS
the price of gold yesterday , stable in 2,327$ to rise , today stable under 2,337 $ , should will the price corrective to 2,337 $, may be swing 2,343 before decline .
Tendency of the price is under bearish pressure , the price of gold stable trading below turning level at 2,337$, will reach to support level 2,322 $ and 2,302 .
for bullish of the price should be breaking a turning level at 2,337 $ , by open a 4h and 1h candle above 2,337$ , easily the price to reach a resistance level at 2,357, stable this level reach to another resistance at 2,372 $ .
----------------------
* Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
A PIPTASTC start to the week with our Bullish targets 2323 and 2333 shared yesterday completed today.
We will now need to see ema5 cross and lock above 2330 to open the range above. Failure to cross and lock will confirm rejection to re-test 2330 and 2323 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.
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
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294
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!
Mr Gold
GoldViewFX