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Goldtrading

GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone, Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months. Last week we got the correction just above the channel top near 2467 Goldturn support, which followed with a nice push up like we said. We also stated that we had a candle body close above 2505 leaving a long term/range gap open to 2557. - This week we have the same again with a candle body close above 2505 again leaving a gap to 2557. However, keep in mind we also have a ema5 detachment below highlighted on the chart with a circle for a possible correction area. Either way we are looking for the channel top to provide support for the bounce. All channels that break usually require the channel top to become support outside the channel for further continuations before new channels form. Failure to provide support outside of the channel, means price breaks back into the channel, in which case the channel re-activates for trading and tracking level to level once again Therefore, if we see a rejection before the gap and a break back into the channel then we will use the levels within the channel to provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames keeping in mind the long range gap for the future.. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
2
GOLD MARKET UPDATEHey Everyone, Great finish to the week with all our charts playing out as analysed. This is the 4H chart we have been tracking and trading since last Sunday and perfectly inline with our plans to buy dips. We were seeing price play between two weighted levels. 2514 Goldturn resistance and 2492, as Goldturn support. 2492 provided support all week with no cross and lock and 2514 was hit perfectly followed with ema5 cross and lock opening 2529 and potentially 2549 if momentum allowed, that's why we say "potential" for extended targets, which can be strengthened with ema5 lock. - 2529 was hit perfectly completing our Bullish targets and nor further ema54 lock above 2529 confirming the rejection BULLISH TARGET 2514 - DONE EMA5 CROSS AND LOCK ABOVE 2510 WILL OPEN THE FOLLOWING BULLISH TARGET 2529- DONE POTENTIALLY 2549 We will now come back Sunday with our 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
OANDA:XAUUSD
by Goldviewfx
14
GOLD ROUTE MAP UPDATEHey Everyone, Another PIPTASTIC day on the charts with our chart idea playing out to perfection!!!! Once again 2500 provided support confirmed with no cross and lock, which followed with the bounce into 2513 and then a further cross and lock above 2513 opened 2525, which was once again hit perfectly!!! We are now looking for a lock above 2525 to open 2535 or failure to lock and we will continue to see a rejection back into the lower weighted Goldturn support levels for the 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 2513 - DONE EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET 2525 - DONE 2535 BEARISH TARGETS 2500 - DONE EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
10
Can Gold’s Uptrend Survive Friday’s PCE Data? Can Gold’s Uptrend Survive Friday’s PCE Data? Gold prices slipped over 0.7% on Wednesday as the U.S. dollar rebounded, setting the stage for a pivotal close to the month with key inflation data on the horizon. Markets are bracing for the upcoming Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure of inflation. The PCE data, due on Friday, is expected to show a slight uptick, according to consensus estimates. If the U.S. economic data continues to show signs of weakness, it could bolster gold’s recent uptrend, fueling speculation that the Fed might consider a larger rate cut in September. Despite Wednesday's dip, gold's upward trajectory possibly remains largely intact. The metal briefly dipped below $2,500 but quickly rebounded. If prices remain above this level, the next significant resistance lies at the all-time high of $2,531.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts today with a repeat of yesterdays action. We had another cross and lock above 2513 opening 2525, which was hit once again. This followed with no ema5 lock above 2525 confirming the rejection into the 2500 range, which once again gave multiple bounces, as analysed inline with our plans to buy dips. We will now once again look for another 2513 re-test and further cross and lock above to re-open the range above or a cross and lock below 2500 to open the full retracement range. Currently we are continuing to use the support above 2500 to buy dips. 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 2513 - DONE EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET 2525 - DONE 2535 BEARISH TARGETS 2500 - DONE EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
7
XAU/USD 28 August 2024 Intraday AnalysisH4 Analysis: Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After an iBOS (Internal Break of Structure) we expect a bearish pullback. Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high. H4 Chart: M15 Analysis: Intraday expectation, analysis and bias remains the same as analysis dated 27 August 2024. -> Swing: Bullish. -> Internal: Bearish. As mentioned in previous analysis whereby we needed to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. This is exactly what price printed, printing a bearish iBOS. Price has printed bullish CHoCH indicating bullish pullback phase initiation. Intraday expectation: Price is in premium of internal 50% EQ with strong high remaining protected. Price to target weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD 4HR Analysis UpdateFollowing my last few analysis depictions we have seen the bullish momentum surge bounce off the identified level followed by a small correction down to the key psych level of 2500-08 where price was once again met by the dynamic trendline, 50 ema and order block pivot zone along with 25% quarter section all acting as key support pivot levels which helped price respect and keep its bullish momentum in tact, following this I am now looking as my target the next all time high as the upper 2500s primarily between 2550 - 2575 to match the second phase of the 50% quarters section with 75% being on 3000.
BLACKBULL:XAUUSDLong
by OfficialKieranTrewick
2
GOLD ROUTE MAP UPDATEHey Everyone, After completing 2513 and 2525 yesterday we had a candle body close gap to 2535 but stated ema5 lock will further confirm this. No lock confirmed the rejection to find support above 2500. We are now seeing price range between the weighted levels 2513 resistance and 2500 support and using the dips between this range to buy and using 2513, as exits for now. We will look for either 2513 to cross and lock above once again to open the range above or a cross and lock below 2500 to open the retracement range. Currently we will be using the support above 2500 to buy dips. 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 2513 - DONE EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET 2525 - DONE 2535 BEARISH TARGETS 2500 EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
8
GOLD (XAUUSD): Detailed Support & Resistance Analysis Here is my latest structure analysis and important support and resistance levels to pay close attention to on Gold. Vertical Structures Vertical Resistance 1: Rising Trend Line Horizontal Structures Support 1: 2470 - 2484 area Support 2: 2431 - 2448 area Support 3: 2364 - 2381 area Resistance 1: 2517 - 2532 area Resistance 2: 2545 - 2552 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
XAUUSD - Gold 4HRSimple Trading - Triangle pattern Gold has broken from its bullish momentum and is now finding support in the triangle around 2505. Expect gold to continue to the previous low and make higher lows around 2490. If the Triangle pattern plays out correctly, the Price will break bullish above the recent highs and continue to the target. Keep in mind that 2 or more candles are already closed above the Triangle. This could either be a break and retest or could indicate more sell pressure. *These are just my thoughts, not financial advice.
CITYINDEX:XAUUSD
by nikdobii
Gold's Uptrend Intact? ATH Remains Unbroken Gold extended its rally on Monday as mounting expectations for a Federal Reserve rate cut in September fueled demand for the safe-haven asset. Powell gave the green light on interest rate cuts during his speech at Jackson Hole last Friday. San Francisco Fed President Mary Daly echoed Powell, saying “It's hard to imagine anything could derail a September rate cut.” Traders are closely eyeing next week’s Nonfarm Payrolls report, which could play a crucial role in determining the magnitude of the rate cut. An abysmal number could raise the likelihood of a 50bps cut. Lower rates reduce the opportunity cost of holding gold, and thus increases its appeal. Adding to bullion’s appeal, escalating tensions in the Middle East, particularly the intensifying conflict between Israel and Hezbollah, provided an additional boost to prices. Despite the bullish momentum, gold has yet to reclaim its all-time high of $2,531. Technical indicators show some loss of upward momentum, though they remain well above neutral levels, suggesting the uptrend remains intact.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out inline with our plans to buy dips. We got our 2513 gap target hit, which followed with a ema5 cross and lock above 2513 opening 2525 and if momentum allowed then potential to 2535. We got the perfect hit at 2525 and a candle body close now leaves a gap to 2535 but ema5 lock will further confirm this. Failure to cross and lock above 2525 will follow with a rejection into the weighted Goldturn support levels, otherwise re- attempts will be made to complete the range into 2535.. 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 2513 - DONE EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET 2525 - DONE 2535 BEARISH TARGETS 2500 EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
7
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 levels. We have 2513 Goldturn resistance and 2500, as Goldturn support. We currently have a gap above on market open at 2513 and below at 2500 and will need 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 2513 EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET 2525 2535 BEARISH TARGETS 2500 EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
16
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 2510 Goldturn resistance and we have 2492, as Goldturn support. We currently have a gap open above at 2510 and below at 2492 and will need 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 2510 EMA5 CROSS AND LOCK ABOVE 2510 WILL OPEN THE FOLLOWING BULLISH TARGET 2529 POTENTIALLY 2549 BEARISH TARGETS 2492 EMA5 CROSS AND LOCK BELOW 2492 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2465 2438 EMA5 CROSS AND LOCK BELOW 2438 WILL OPEN THE SWING RANGE SWING RANGE 2416 - 2389 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
8
DAILY CHART UPDATEHey Everyone, Please see update on our daily chart structure that we have been tracking and trading successfully for a while now. Previously after completing our target at 2464, we stated last week that we were heading towards our final target at 2521, due to body close and ema5 lock. This target was hit and completed perfectly!!! We will now look for either a candle body close or ema5 lock above 2521 to confirm 2566. Failure to lock will follow with a rejection below to find support at the lower Goldturns. 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 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
OANDA:XAUUSD
by Goldviewfx
4
GOLD NEW ATH COMING 2500$HELLO TRADERS As you can see our previous analysis hit all given targets on #Gold and now after ATH it had done a nice retrace to 2300$ and now if we see the geopolitical issue around the world and US economy shirking down and down day by day Bricks and WW3 China trades and war seems not going to stop soon as we can US Gov Support and Funding all his allies and many other things els we expected that if #Gold hold above 2300$ then this is going to create a new all Time High if we see technically view GOLD is now trading above 2300$ levels after ATH it had retrace 1500+ pips this week NFP outcome can create volatility in markets I had Drawn a Fib retracement till last dip it show Gold perform well to the Golden Fib levels Friends this is just a trade idea Share Ur thoughts with us it help many other traders
TVC:GOLDLong
by APEX_TRADING_ACADMEY
GOLD ROUTE MAP UPDATEHey Everyone, A Piptastic week for us once again hitting all our targets in true level to level fashion !!! Yesterday after completing the retracement range, we got the bounce and looked for the 2488 test, which was hit perfectly like we stated!!! This followed with a continuation hitting the remaining bullish targets once again and completing the last target at weighted level 2509. We will now need to see ema5 lock above 2509 for a continuation or a failure to lock above this level will follow with a rejection. BULLISH TARGET 2509 - DONE EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET 2519 - DONE POTENTIALLY 2533 BEARISH TARGETS 2500 - DONE EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2488 (DONE) - 2472 (DONE) EMA5 CROSS AND LOCK BELOW 2472 WILL OPEN THE SWING RANGE SWING RANGE 2458 - 2446 We will now come back Sunday with our 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
OANDA:XAUUSD
by Goldviewfx
12