GOLD 1H ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two structures and testing support at 2155 Goldturn with a retracement range just below at 2147 weighted level. If we see the 2155 hold then price will head towards our Bullish target at 2166 and a break and lock above 2166 will see the range above open for a test.
If 2155 Goldturn support breaks into the weighted retracement range, we will be looking for a bounce from there and if we see a cross and lock below the retracement range then we are likely to see the swing range open.
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
2166
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175
2182
BEARISH RETRACEMENT TARGETS
2155
2147
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
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 ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two structures, support at 2151 Goldturn and resistance at 2171 Goldturn.
We are looking for a bullish test on 2171 and a break and lock above 2171 will open the range above. We also have a immediate bearish test at 2151 and a break and lock below 2151 will open the retracement range and a further break below the retracement range will see the swing range open.
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
2171
EMA5 CROSS AND LOCK ABOVE 2171 WILL OPEN THE FOLLOWING BULLISH TARGETS
2190
2206
BEARISH RETRACEMENT TARGETS
2151
EMA5 CROSS AND LOCK BELOW 2151 WILL OPEN THE SWING RANGE
SWING RANGE
2101 - 2078
EMA5 CROSS AND LOCK BELOW 2078 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2052 - 2042
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 MID/LONG TERM PROJECTIONHey Everyone,
Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly.
Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into the channel bottom.
- This played out perfectly with No ema5 cross above 2043 confirming a new Goldlturn below for the rejection into the channel bottom.
We then stated that we are seeing price at support for a bounce or we will need to see ema5 cross below the channel bottom to open 1998 Goldturn test
- This played out perfectly with the ema5 cross and lock below the channel bottom opening 1998, which was hit 2 weeks ago. EMA5 did not cross below 1998, which provided the support for the bounce.
We then stated that if this support holds, we are likely to see a test at 2043 to re - enter the channel dynamics. Failure to test and break the channel again will likely see another dip down keeping in mind we have ma200 sitting below for a long range dynamic support.
- This is now playing out, as last week we saw the 1998 level hold for the bounce like we suggested and now heading towards the 2043 longer range target identified 1 week ago.
- This played out perfectly last week with 2043 hit followed with our 2089 axis target to perfection!!!.
We will now need to see ema5 lock inside the channel above to confirm a continuation in the new range above or a possible correctional retracement at 2043 for support before we see further challenges and tests above.
CURRENT UPDATE
We saw ema5 lock inside the channel and level to level all the way into the channel top completing the channel with a perfect finish respecting the channel top to perfection.
We are now likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extent the channel range to 2205 and 2237 long term.
- This is currently playing out as we saw the rejection and play into the retracement area for the correction, inline with the channel half-line, which we expect some support for a bounce and then continuation onto channel top. Failure to support above and a break and lock below the channel half line will see price look for support at the lower range of the channel before we see the bounce back into the upper channel range.
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 PROJECTION UPDATEHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
We are now seeing the channel half line break with two weekly candle close above the half line with a long term gap open to 2199. However, we have a correctional retracement level at 2137 inline with the channel half line for a correction and potential support. We need to also keep in mind there is a ema5 detachment just below the half-line highlighted with a circle that may attach if any news drives momentum below the correction.
We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.
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
Xauusd weekly Target Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast
Gold buy 2156
Weekly Target 2250
SL 2125
DeGRAM | GOLD in consolidationGOLD could not go higher and failed to break through the resistance level. It broke and closed below the support level; breaking the channel, and it will most likely go down further.
Price action is trading in the consolidation zone. It retested the resistance following a channel breakout.
We expect the support zone to be tested.
-------------------
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GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Following on from yesterday, as suggested we are seeing price play within the range 2178 Goldturn resistance and 2157 Goldturn support.
Yesterday we stated that EMA5 failed to lock below 2157 retracement level, which followed with the bounce into 2166 and leaving target 2178 open. This was hit perfectly and then once again ema5 failed to lock above 2178 confirming the rejection back down to 2157.
Once again no lock below 2157 confirmed another bounce up now heading towards 2166 as next resistance.
We are now likely to see price range sideways between this structure until one locks opening the next set of 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
2184 - DONE
EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210
BEARISH RETRACEMENT TARGETS
2178 - DONE
2166 - DONE
2157 - DONE
EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE
SWING RANGE
2147 - 2137
EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2122- 2133
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-analyze
If the Fed decides to cut interest rates in March, there is a high probability that gold will still have room to rise. If the Fed decides not to cut interest rates in March, market concerns about inflation may still push up gold. Therefore, it will be difficult for gold to get out of the downside in this environment. The current market is a process of hyping the Fed's interest rate decision. Before the Fed's interest rate decision, gold is pushed up, but it may also suppress the gold bulls after it is determined to cut interest rates or not, cooling the gold bulls and stepping out of the adjustment to ease the decline. Therefore, There is still room for gold to fall around March 19. Today, the market's focus is on US retail sales data, producer price index and unemployment benefits, which will have a greater impact on the US dollar and gold today.
Wednesday's rebound was too strong, the daily line continued to close up, and the 4H cycle range closed. Before setting a new high, gold still maintains a wide range of fluctuations under the bullish trend for the time being.
At present, the high point of 2195 and the effective support point of 2150 can be determined. There is no absolute rise or fall in gold before the data is released.
As long as gold remains above 2150, it is an absolute upward trend and may continue to rise. As for whether it can break the previous high of 2195, there is no need to guess if the trend is going. On the other hand, if it falls below 2150, it can be confirmed that gold is weakening, and then we will observe the trend. Support point 2135.
I do not expect to break through 2195 this week, so we will observe the second resistance point 2183, the large range 2190/2150, the small range 2160-2183, and the large range 2150-2195
You can choose to buy low and sell high within the range, or wait for the data to be released and follow the trend to trade and control your position reasonably.
Follow my trading strategies and your success rate will be greatly improved
XAUUSD Is this a legitimate correction?Gold (XAUUSD) eventually broke above the Channel Up on our last signal (March 04 2024, see chart below) and almost hit the 2200 Target:
It may be time to take profit on the break-out buy as the Bullish Leg since the February 14 Low is so far in perfect symmetry with the previous that peaked on December 04 2023 and potentially with the one before that peaked on October 27 2023. Both pulled-back to at least the 0.382 Fibonacci retracement level, the December one even as low as the 0.786 Fib. Even March 20 2023 even pull-back to the 0.382 Fib.
With the 1D MACD about to form a Bearish Cross (all previous ones were a Sell Signal) and the price being near the top of the wider Channel Up, Gold flashes the strongest sell signal in months. Target 1 is 2115 (Fib 0.382) and if we close a 1W candle below it, then re-sell with Target 2 at 2030 (Fib 0.786).
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DeGRAM | GOLD reaction zoneGOLD is currently trading in an ascending channel.
The market pulled back to the support level and 50% retracement level .
Notice that price action approached the level by printing small candles with deceleration, indicating that there's no strength.
Price action is likely to pullback from the support level since price reacted to this level before.
-------------------
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Gold Confirm Analysis Today Gold is treading water above $2,170, awaiting a fresh batch of high-impact US economic data for the next push higher. The US Dollar is attempting a bounce amid a negative shift in risk sentiment while the US Treasury bond yields are consolidating a three-day recovery rally, capping a XAU/USD further upside.
Gold could have a new leg of correctionAs anticipated, following Friday's NFP report and a new all-time high nearing 2200, OANDA:XAUUSD has entered a correction phase, with the initial downward movement reaching a low of 2150. Yesterday, the price rebounded from that level, reaching a high of 2180, but is currently retracing.
Given the robust and swift appreciation of Gold's price, we may witness another leg of correction, potentially leading to a drop to 2140. Alternatively, we might observe range trading and consolidation, potentially forming a triangle pattern on our short-term chart.
With the current price at 2167, it is not advisable to initiate trades. However, for aggressive traders, selling opportunities may arise if the price rises back above 2190. Conversely, for swing trend traders, buying opportunities may present themselves if the price drops to 2140.
XAUUSD Analysis was perfect. Can todays be the same? Good morning gold gang! Yesterdays sell zone was bang on netting the gang 70 pips!
We closed respecting the engulfing on the daily time frame so we may be looking at sells today
I have found 2 possible zones one to buy one to sell
check them out and put them on your charts
follow me on socials for live updates
T
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Another PIPTASTIC day for us on the markets buying dips, inline with our chart idea.
After completing our target at 2184 earlier this week, ema5 failed to cross above and therefore followed with the drop into the highlighted retracement range. This gave the perfect bounce into into 2178 and then continued to range between the levels and re-tested the retracement range again today.
EMA5 failed to lock below 2157 retracement level, which followed with the bounce once again into 2166 and now heading towards 2178, as a open 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
2184 - DONE
EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210
BEARISH RETRACEMENT TARGETS
2178 - DONE
2166 - DONE
2157 - DONE
EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE
SWING RANGE
2147 - 2137
EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2122- 2133
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 We caught 200 pips on CPI!! good evening gold gang .. i know ive been slow with the analysis lately .. but there is literally nothing to analyse as price continues to fly!
We have finally had a daily close bearish, so we may be creating some workable price action
The CPI move came up to my sell level perfectly and dropped heavily with positive dollar news ... amazing!
Price is at the buy zone right now so lets see what it does at the potential sell zone ... if that zone breaks .. then we will make another ATH
im always availble on socials to trade the current price action .. dont be afraid to reach out
catch you in london
tommy
DeGRAM | GOLD confluence at resistance levelGOLD created a bearish harmonic pattern where the D point is at the border of the channel.
The market slowed at the 127.2% fibo extension level.
The market is testing the resistance and dynamic resistance levels, where we have confluence to short the market.
We expect a rebound from thecounfluence levle and a retest of the support level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again our chart idea played out level to level once again!
We had the 2184 target hit yesterday but ema5 failed to cross above and therefore as stated we got the drop into the highlighted retracement range followed with the perfect bounce into into 2178 , as already market up on the chart with arrows from Sunday.
We have also updated our weighted level from 2166 to 2157, as it falls within the retracement range for a cross and lock to open swing range. Price has now found support at the retracement range for the bounce.
Although we remain bullish and will continue to buy dips from support levels, we will need to now extend our range keeping in mind the potential opening of the swing range should 2157 lock.
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
2184 - DONE
EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210
BEARISH RETRACEMENT TARGETS
2178 - DONE
2166 - DONE
2157 - DONE
EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE
SWING RANGE
2147 - 2137
EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2122- 2133
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-Analysis and Strategy
U.S. inflation may have only gradually weakened last month, with retail sales rebounding, which may lead to the Fed not being eager to lower interest rates. The core consumer price index, a measure that excludes food and fuel to better reflect underlying inflation, is expected to rise to 0.3% in February from 0.4% at the start of the year. The Labor Department will release its CPI report on Tuesday (March 12). The price index is expected to rise 3.7% from the same period last year, which would be the smallest annual increase since April 2021. Although the annual figure is well below the peak of 6.6% reached in 2022, the recent pace of progress has been modest. This is consistent with testimony before Congress last week from Fed Chairman Jerome Powell, who said that while a rate cut may be appropriate "sometime this year," he is not ready yet. The unseasonally adjusted CPI annual rate announced today is expected to remain unchanged at 3.1%, which may be negative for gold.
Gold has risen for 9 days in a row. Yesterday was the only time it did not break through the high point and has maintained a narrow range. Therefore, gold is choosing a direction. Today we need to see whether the US CPI data will change the direction in which gold has been rising.
The support point of the daily unilateral moving average is 2170, and then the focus is on the low of 2156 during the non-agricultural data. Only if it falls below this position can we continue to see the downside.
My suggestion is to wait for the CPI to be released, follow the trend, or observe whether it will break through the resistance range of 2190-2195.
If you don’t know how to trade, join me and improve your trading success rate
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Xauusd confirm buy Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
From a technical perspective, the Relative Strength Index (RSI) on the daily chart is flashing extremely overbought conditions and prompting some profit-taking. The near-term bias, however, still favours bullish traders in the wake of last week's break through the previous record high, around the $2,144 area. The latter should now act as a key pivotal point, which if broken decisively could drag the Gold price towards the $2,125 intermediate support en route to the $2,100 round figure.
Gold now buy 2175
Target 2185
Target 2195
Target 2210
SL 2160
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again a great start to the week with our chart idea playing out, as analysed.
Yesterday we stated we had a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price retrace.
- Our target at 2184 was hit perfectly followed with a candle body close above 2184 leaving 2192 open. However, we will need to see Ema5 cross and lock above 2184 to further confirm the range targets above. We also saw our bearish target at 2178 complete and then found support for a retest at 2184.
We will also keep in mind a failure to open the range above will see retracement test to support at 2166 and a break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2137 will open the structure support. However, support above here and we are likely to see a re-test of the levels above again.
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
2184 - DONE
EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210
BEARISH RETRACEMENT TARGETS
2178 - DONE
2166
EMA5 CROSS AND LOCK BELOW 2166 WILL OPEN THE SWING RANGE
SWING RANGE
2147 - 2137
EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2122- 2133
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