THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Following on from the initial KOG Report we've not done too badly managing to plot the path for the move and jump on board with it over the week. Yesterday we wanted that pullback into the 2685-90 region to continue with the bias and the bias levels which didn't hit exactly but the move continued and we've completed all of our targets for the week.
Now, again we're a bit high, so if you're looking for trades the only option is to wait for the pull back, or for those on the boxes and scalping, look for a reversal from above, if not broken, support has flipped 2710!
For us, a great week on the gold and the rest of the markets, we'll be taking it easy tomorrow.
KOG’s Bias for the week:
Bullish above 2650 with targets above 2700✅, 2706✅ and above that 2716✅
Bearish on break of 2650 with targets below 2640 and below that 2635
RED BOXES:
Break above 2690 for 2700✅, 2703✅, 2706✅, 2710✅ and 2724✅ in extension of the move
Break below 2680 for 2667, 2665, 2655 and 2640 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Goldtrading
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
This is an update on our 1H CHART route map shared on Sunday. This chart has been playing gout perfectly.
We started the week with the retracement range test followed with the bounce into our bullish target 2691. EMA5 cross and locked above 2691 opening 2706 and 2719. This was hit perfectly today completing this range.
We are now looking for ema5 lock above 2719 to open the range above for a continuation or failure to lock above will follow with a rejection here.
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
2691 - DONE
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706 - DONE
POTENTIALLY 2719 - DONE
EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736
BEARISH TARGETS
2679 - DONE
EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 (DONE) - 2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE
SWING RANGE
2640 - 2624
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 Scalping Strategy📢 Attention traders! 💥 XAUUSD is on fire, setting new highs with precision! ⚡ Check this out:
XAUUSD Insight: 📉 Locked in a fierce contest between 2709 and 2716. 🧐 Is a breakout near?
🔻 Downside Watch: 🔻 Stay cautious for potential drops if it dips below this range! 🎯 Targets: 2701, 2698.
💹 Upside Watch: 💹 Look for buying signals if it rises above! 🎯 Target 2723.
💬 Engage with Us: 💬 Share your thoughts as we navigate this exciting market! 📢 Let’s achieve greatness together! 🚀✨
"XAUUSD": Breakout Setup - Intraday OpportunitiesOn the 4-hour chart, XAUUSD shows strong bullish momentum and has broken out of an ascending channel. The price is testing a key resistance zone at "2720–2725", aligning with previous highs. Consolidation near this zone suggests a potential breakout continuation or a pullback, with the bullish bias intact unless key support levels are breached.
💹Buy Setup: If a candle breaks and closes above 2720, we can expect further bullish movement.
🔻Sell Setup: If a candle breaks and closes below 2710, a retracement might follow.
GOLD ROUTE MAP UPDATEHey Everyone,
A PIPTASTIC day on the charts once again!!!
Yesterday after completing the bearish target at 2665, we confirmed the rejection with no lock below. The bounce gave us a nice push up, all the way into 2694 our Bullish target, perfectly inline with our plans to buy dips. We were able to secure over 100 pips clean!!
We are now looking for ema5 lock above 2694 for a continuation to the next Goldturn or failure to lock above will follow with a rejection back to lower Goldlturns for a bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and 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
2694 - DONE
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
BEARISH TARGETS
2665 - DONE
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
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 IS GOING BULLISH ALLOW IT TO TOUCH LINE 2719.730✅Smart Money Concept
Gold price (XAU/USD) reached a fresh one-month high during Thursday’s Asian session but struggled to sustain momentum above the $2,700 mark. Diminished worries over U.S. President-elect Donald Trump's proposed trade tariffs and the anticipation of two potential Federal Reserve rate cuts this year have fueled positive market sentiment. However, a slight uptick in the U.S. Dollar (USD) has constrained further gains for the safe-haven asset.
SET UP GOLD PRICE:
BUY GOLD zone: $2678.479 - $2673.696 SL $2668.682
TP1: $2684.471
TP2: $2690.235
TP3: $2696.253
SELL GOLD zone: $2719.730 - $2723.622 SL $2729.470
TP1: $2713.175
TP2: $2706.151
TP3: $2699.870
Note:
FrankFx advises traders to manage their capital wisely:
- Adjust the number of lots to match your capital.
- Set Take Profit at 3-6% of your account balance.
- Set Stop Loss at 2-3% of your account balance.
XAUUSD: 1H MA200 rebound.Gold is neutral on its 1D technical outlook (RSI = 54.885, MACD = 7.900, ADX = 30.745) as it is consolidating between the 1H MA50 and 1H MA200. Since yesterday, it has found support on the latter. The 1H RSI is rebounding in the same way it did on January 6th, which was the previous HL of the Channel Up. This indicates that it is a buy opportunity. The two bullish waves before both hit their 1.618 Fibonacci extensions to form a HH at the top of the Channel Up. Consequently, we turn bullish on Gold now, aiming at the 1.618 Fib (TP = 2,720) which conveniently falls a little under the R1 level.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great day on the charts today with Gold recovering from yesterdays drop, perfectly inline with our plans to buy dips.
Our 4h chart idea Bullish target 2694 was hit at the start of the week and now our bearish target also complete at 2665. No lock on either weighted level and therefore playing between both levels in this range. We need ema5 to cross and lock above or below the weighted Goldturns to determine 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
2694 - DONE
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
BEARISH TARGETS
2665 - DONE
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
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 Top-down analysis Hello 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.
Gold’s Bullish Surge Eyeing the $2,700 Breakout! The chart displays a bullish recovery following a significant downtrend, transitioning into an uptrend within a defined ascending channel. A symmetrical triangle breakout during the bearish phase marked the beginning of this upward movement. Key support is identified around $2,600, while resistance levels are at $2,697, aligned with the 100% Fibonacci projection, and $2,728, which corresponds to the 138.2% Fibonacci extension and acts as a potential exhaustion point. The psychological level of $2,700 plays a critical role as a resistance zone. The price is currently near the upper boundary of the ascending channel, suggesting possible resistance and a chance for consolidation or retracement. If the price breaks above $2,700, it could target $2,728 or higher, while a rejection might lead to a pullback toward the midline or lower boundary of the channel. The bullish momentum remains intact, and traders could consider entering on a breakout above $2,700 or on a retracement near the channel’s lower boundary. Targets lie at $2,728 or higher, with stops placed below the last swing low or channel support. This chart signals a strong bullish trend with critical action expected around the $2,700 level.
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our chart idea is playing out in true level to level fashion, although our entry today was too early and therefore we will look to manage from dips.
We did get our Bullish target 2691 followed with no lock confirming the rejection into our bearish target 2679. This followed with ema5 cross and lock opening the retracement range, which we are seeing price play in currently.
Once again all our weighted levels gave 30 to 40 pip bounces inline with our plans and analysis.
We are looking for a reaction from this retracement range, unless we see a cross and lock below 2654, which will open the swing range for a bigger bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and 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
2691 - DONE
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706
POTENTIALLY 2719
EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736
BEARISH TARGETS
2679 - DONE
EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 (DONE) - 2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE
SWING RANGE
2640 - 2624
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
XAU/USD 13 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
Intraday expectation was met with price successfully targeting weak internal high.
Price subsequently printed a bullish iBOS followed by a bearish CHoCH.
We are currently trading within an established range
Price has traded in to discount of internal 50% EQ.
Intraday Expectation:
Price to target weak internal high, priced at 2,697.950.
Price could potentially trade down to M15 demand zone to sweep liquidity before targeting weak internal high.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
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 play between two weighted levels with a gap above at 2691 and a gap below at 2679. We will need to see 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
2691
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706
POTENTIALLY 2719
EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736
BEARISH TARGETS
2679
EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 - 2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE
SWING RANGE
2640 - 2624
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 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 ema5 and price play between two weighted levels with a gap above at 2694 and a gap below at 2665. We need ema5 to cross and lock above or below the weighted Goldturns 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
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
BEARISH TARGETS
2665
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
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 DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
Last week we confirmed we had ema5 lock above 2629 further confirming the previous candle body close opening 2686
We continued to buy dips all the way into 2686 completing this gap. This played out perfectly. We now have a candle body close above 2686 opening 2760 but will need ema5 lock to further confirm this, only as a along range/term gap.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the 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 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
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.
Last week we stated that the channel top was continuing to provide support like we stated for the past few weeks.
We also stated that, as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range.
- This played out perfectly. You can see although we had the break into the channel with candle, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. This followed with the perfect bounce inline with our plans to buy dips.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel.
We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD (XAUUSD): Intraday Analysis & Bullish Outlook
As I posted earlier, Gold successfully violated a significant
horizontal intraday/daily horizontal resistance.
Retesting the broken structure, the market continued growing.
The price started to respect the boundaries of a rising wedge pattern.
I believe that we can anticipate a further bullish continuation within that next week.
The final destination for the buyers is 2716 resistance.
With a high probability, it will be reached soon.
❤️Please, support my work with like, thank you!❤️
GOLD 1H AND 4H CHART ROUTE MAP UPDATEHey Everyone,
Smashing finish to the week with our chart ideas playing out perfectly.
After confirming ema5 lock above 2661 earlier this week, we clearly stated 2681, as our next target, which we confirmed again yesterday. This was hit perfectly today completing our target.
We then had ema5 lock above 2681, opening 2697. This was also hit perfectly to the dot just now. PERFECTION!!!!
Our 4H chart below also played out perfectly
EMA5 cross and lock above 2655 on the 4h chart opened 2694, which was hit perfectly also completing this chart idea.
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 (XAUUSD): One More Bullish Signal
Gold continues growing, as I predicted in the beginning of this trading week.
The market perfectly reached the first goal.
Analysing a price action on a daily, I see one more bullish signal now.
The market violated a strong horizontal resistance and closed above that.
With a high probability, the rise will continue.
Next resistance - 2716
❤️Please, support my work with like, thank you!❤️