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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 3032 and a gap below at 3015. 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 3032 EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET 3050 EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET 3065 EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET 3080 EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET 3097 BEARISH TARGETS 3015 EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET 2999 EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET 2978 EMA5 CROSS AND LOCK BELOW 2978 WILL OPEN THE SWING RANGE SWING RANGE 2950 - 2927 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
OANDA:XAUUSD
by Goldviewfx
27
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this. Last week we completed target to the channel top and stated that if we see ema5 lock outside the channel then we will look for support outside the channel on the channel top for a continuation. - This played out perfectly with ema5 cross outside of the channel top and then the channel top provided support for a continuation. We are now seeing no candle body close or ema5 lock above 3052 confirming the rejection and expect to see play between 3007 and 3052 to break and confirm our next range. This is the beauty of our Goldturn 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. 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 from rejections, 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 LAST WEEK UPDATE The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range. PREVIOUS WEEKS UPDATE After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs. We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips. - Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
OANDA:XAUUSD
by Goldviewfx
8
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, After tracking and completing our last weekly chart successfully we have now updated a new weekly chart idea to track our long term range and targets. We are currently seeing a candle break above the channel half-line and will need ema5 to co=follow to confirm the break out for a continuation above. However, we have a detachment to ema5 lagging also potentially due for a correction. The play range on the weekly chart is 2943 below and 3094 above. We will look for ema5 lock or body close above or below to confirm the next mid to long term range. 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. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
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 play between two weighted levels with a gap above at 3045 and a gap below at 3018. 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 3045 EMA5 CROSS AND LOCK ABOVE 3045 WILL OPEN THE FOLLOWING BULLISH TARGET 3067 EMA5 CROSS AND LOCK ABOVE 3067 WILL OPEN THE FOLLOWING BULLISH TARGET 3089 EMA5 CROSS AND LOCK ABOVE 3089 WILL OPEN THE FOLLOWING BULLISH TARGET 3114 BEARISH TARGETS 3018 EMA5 CROSS AND LOCK BELOW 3018 WILL OPEN THE FOLLOWING BEARISH TARGET 2985 EMA5 CROSS AND LOCK BELOW 2985 WILL OPEN THE SWING RANGE SWING RANGE 2947 - 2918 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
OANDA:XAUUSD
by Goldviewfx
6
Gold is not afraid of rebound and continues to be short!Gold prices fluctuated widely around 3028-3013， Gold prices peaked and fell back, and are still running at a high level. Previously, gold prices first fell a large negative line, then bottomed out and rebounded, and rebounded in the late trading. Operation strategy reference: Short order strategy: When gold rebounds to around 3030-3033, short (buy short) in batches with 20% of the position, stop loss at 3055, target around 3015-3005, and look at the 3000 line if it breaks; Long order strategy: When gold pulls back to around 2998-3000, go long (buy long) in batches with 20% of the position, stop loss 8 points, target around 3010-3015, and look at the 3020 line if it breaks;
PYTH:XAUUSDShort
by AlvaRudolph
Could gold prices see a strong rise?Gold has now formed a head-and-shoulders structure. The rebound in gold continues to be bearish, and the market is weakening. The market is currently showing a clear bearish trend. Although the 3,000 mark has fallen below, the bearish power is ready to go, and may be tested again in the future. Gold operation strategy reference: Short order strategy: Strategy 1: When gold rebounds around 3020-3022, short (buy short) 20% of the position in batches, stop loss 3055, target around 3010-3005, break to see 3000 line; Long order strategy: Strategy 2: When gold pulls back to around 2998-3000, long (buy long) 20% of the position in batches, stop loss 8 points, target around 3010-3015, break to see 3020 line;
PYTH:XAUUSDShort
by AlvaRudolph
Gold price drops sharply?For short-term operations in gold, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper side is the 3047-3050 resistance line, and the short-term focus on the lower side is the 3000-3005 support line. Operation strategy reference: Short order strategy: Strategy 1: When gold rebounds around 3046-3048, short (buy short) 20% of the position in batches, stop loss 3055, target around 3030-3015, break to see 3005 line; Long order strategy: Strategy 2: When gold pulls back to around 3003-3005, long (buy long) 20% of the position in batches, stop loss 8 points, target around 3015-3025, break to see 3035 line;
PYTH:XAUUSDShort
by AlvaRudolph
Gold needs to be wary of false breakthroughsOperation strategy 1: It is recommended to buy near the current price of 3023, stop loss at 3015, and the target is 3035-3045, and the target is 3055. Operation strategy 2: It is recommended to buy near the rebound of 3050, stop loss at 3057, and the target is 3035-2020. Facing the market is actually facing yourself. Correcting shortcomings, facing mistakes, strictly disciplining yourself, and not telling lies are the keys to success.
TVC:GOLDLong
by PageEvan
Gold prices are unable to rise!Gold held the $3,000 mark during the day and maintained a narrow range of fluctuations around 3,020. After the market plunged last week, there were signs of weakening in the form. Therefore, we will maintain a high-altitude thinking this week. Although there is still rebound momentum in the short term, combined with the indicators, the rebound momentum and space are not large. The daily line has been negative and closed below the 5-day moving average. The form is oscillating and bearish. Only when the price returns to above 5ma can it return to strength again. The opening point of the decline last Friday was 3038, so the key resistance above the short-term is around 3035-3038. In terms of operation, keep the high-altitude layout below 3038. Gold strategy: It is recommended to continue shorting at 3028-26, stop loss at 3038, target 3010-3000; continue to hold if it breaks!
TVC:GOLDShort
by PageEvan
Gold market analysis, latest trend analysisGold's highs continue to rise, and the long trend of highs continuing to hit new highs remains unchanged. From a daily level, gold prices show a strong upward trend. The MA5-MA10 moving average golden cross continues to diverge upward, further demonstrating the strong trend of the current market. From the 4-hour chart, the highs are rising, and the bullish trend of the highs continues to hit new highs. Affected by the fundamentals, gold has been rising all the way and continues to hit new historical highs. It is mainly bullish and it is difficult to form a plunge for the time being. Combined with the current indicators, gold is likely to continue to rise, with support at 3040-3030; attention to the resistance at 3060-3070 above, and intraday operations are mainly down. Gold trading strategy: If the gold price stabilizes above 3040-3045, maintain a bullish outlook, with a target of 3065. Focus on the upper pressure level of 3068-3076. If it rises and falls and closes lower, consider shorting. Don't chase the highs too much. After the retreat, choose the opportunity to short and be careful of the highs and falls.
PYTH:XAUUSDLong
by AlvaRudolph
Gold fluctuates and adjusts, market trend analysis。The short-term short-term dominance is dominated by short-term prices, with the price below 3047 remaining weak. The 3000 mark is the key psychological support, and a breakout may open up downside space.The upper short-term resistance is around 3030-35, and the lower short-term support is around 3000-3005. The overall main tone of high-altitude and low-multiple cycles remains unchanged。 Gold operation strategy: 1. Buy when gold falls back to 3000-3005, stop loss at 2995, target at 3025-3030, continue to hold if it breaks; 2. Sell when gold rebounds to 3035 but does not break, stop loss at 3042, target at 3005-10;
PYTH:XAUUSDLong
by AlvaRudolph
Gold 3028 continues to be short and continues to be bearishGold, as described in the big trend analysis, has continued to release energy since breaking through the previous high of 2956. After the highest pressure of 3057, it fell back to 3000 and closed negatively. The K-line combination is short-term, below the 61.8% risk aversion of 3035 at the 3000-3057 line, and the target is in the 3000-2956 range; it rebounded to 2933 and then fell back; the 4H chart structure is short, and the bearish trend is positive; the line resistance is 3014-3016, and the strong resistance is 3020-3022; the short-term support is at 3005, and the strong support is at 3000. If it breaks, look at 2978, and the weekly MA5-2958 support diverges; in terms of operation, 3 048-3046-3040 short orders, 3028 short orders, continuous verification, it is recommended to sell on the rebound, specific tips; Strategy 1: Sell near 3016, protect 3026, target 3000-2990;
TVC:GOLDShort
by RegPoe
Gold fluctuates downward and shorts make profits!Technical analysis of gold: After a small surge, gold continued to fall back, and there was room for short orders near 3030. Gold rebounded to 3033 and retreated under pressure. The resistance mentioned during the day was 3028/3035, which also emphasized that the market will fluctuate on Monday. Short-term trading is waiting for operations, and short orders lock in profits. In a fluctuating market, both long and short orders can be traded, but orders cannot be chased. One-sided market can be chased because the trend has continuity. It is currently in a relay pattern. Both long and short orders are playing games. There is a choice of direction in the future market. For the time being, short-term trading will be based on fluctuations. The watershed was 2999, the low point on Friday. If it is not broken, there will be a rebound. You can pay attention to the 3023 resistance and short sell, and the 618 position of the decline. Gold operation strategy reference: When gold falls back to around 2990-2893, buy (buy up) 2/10 of the position in batches, stop loss 8 points, target around 3000-3005, break to 3010;
TVC:GOLDLong
by PageEvan
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out as analysed. We got our Bullish target hit at 3032 with no cross and lock above confirming the rejection after the hit. We also got our Bearish target hit at 3015 now also following with a cross and lock leaving 2999 Goldturn 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 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 3032 - DONE EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET 3050 EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET 3065 EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET 3080 EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET 3097 BEARISH TARGETS 3015 - DONE EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET 2999 EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET 2978 EMA5 CROSS AND LOCK BELOW 2978 WILL OPEN THE SWING RANGE SWING RANGE 2950 - 2927 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
OANDA:XAUUSD
by Goldviewfx
4
Gold prices fail to riseGold held the $3,000 mark and maintained a narrow range of fluctuations around 3,020. After the market plummeted, the pattern showed signs of weakening, so we maintained a high-altitude mentality. Although there is still rebound momentum in the short term, combined with the indicators, the rebound momentum and space are not large. The daily line has been a negative line and closed below the 5-day moving average. The pattern is oscillating and bearish. The price can only return to strength again if it returns above 5ma. The opening point is 3038. Therefore, the short-term key resistance above is around 3035-3038. In terms of operation, maintain a high-altitude layout below 3038. In the 4-hour structure, 3057 went down and walked out of the weak pattern. Although it rebounded from the bottom, the continuity was not strong. After continuous rises during the day, the high position fell back, and the entity gradually shortened, suggesting that the bullish momentum has been exhausted. The 1-hour moving average of gold began to turn downward, and there is a trend of crossing downward. If the 1-hour moving average of gold crosses and forms a dead cross short arrangement, the downward space of gold may open. Overall, the rebound momentum of gold bulls is gradually weakening, and the short-term trend is volatile and bearish. It is recommended to rebound and short, supplemented by low-level longs. The short-term upper resistance is around 3035-3038, and the lower support is around 3010-3000.
TVC:GOLDShort
by RegPoe
The gold trend is rising straight up, returning to its peak?This week, the price of gold continued to hit new highs. As the geopolitical situation may continue to help the price of gold rise, gold closed higher at the end of the day after a sharp drop, and a large positive line was recorded at the weekly level, further indicating that gold bulls are still in the initiative. According to the form, if gold continues to break above the 3,000 level, there is a high probability that there will be a five-wave rise to break through the previous high. The opening strategy considers retreating low and long first. Plan: Buy when gold retreats to 3012-3007, target 3037-2047, stop loss around 5 USD
PYTH:XAUUSDLong
by AlvaRudolph
The latest suggestion for gold is to go long after the rebound,The volatility of the gold market may intensify. From a technical perspective, the daily level closed with a negative line after a series of positive lines, but it is difficult to confirm a trend reversal with a single K line. It is necessary to focus on whether the closing price can stand firm on the key support of 3022. If this position is effectively maintained, bulls can enter the market with the target of resistance near 3050; on the contrary, if it fails, it may drop to the integer mark of 3000 in the short term. Gold operation suggestion: Buy around 3022-3025, stop loss at 3015, target at 3050
TVC:GOLDLong
by PageEvan
The golden high diving was in line with expectations!Gold operation strategy reference: Short order strategy: Strategy 1: When gold rebounds around 3020-3022, short (buy short) 20% of the position in batches, stop loss at 3055, target around 3010-3005, and look at the 3000 line if it breaks; Long order strategy: Strategy 2: When gold falls back to around 2998-3000, buy (buy up) 2/10th of the position in batches, stop loss 8 points, target around 3010-3015, and look at 3020 if it breaks;
TVC:GOLDShort
by PageEvan
GOLD ROUTE MAP UPDATEHey Everyone, Great finish to the week with our chart ideas playing out, as analysed. We completed our Bullish targets 2993, 3011, 3029 and 3049 all with cross and lock confirmations to give us plenty of time to get in for the action. No further lock above 3049 confirmed the rejection into the lower Goldlturns, which all gave the 30 to 40 pip bounces inline with our plans to buy dips, just like we always state. BULLISH TARGET 2993 - DONE EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET 3011 - DONE EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET 3029 - DONE EMA5 CROSS AND LOCK ABOVE 3029 WILL OPEN THE FOLLOWING BULLISH TARGET 3049 - DONE We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
11