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GOLD ROUTE MAP UPDATEHey Everyone, Once again our chart idea is playing out perfectly with another amazing day on the markets today. Yesterday we completed our bullish target at 2661 and failure to lock above confirmed a rejection. We used the rejection to buy dips inline with our plans. We are now seeing ema5 lock above 2661 opening 2681. This can now be protected and risk free. Any rejections here will be opportunities for us to buy dips, as long as 2661 holds as support. A break below 2661 will open the lower Goldlturns for support once 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 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 2661 - DONE EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 - DONE EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
XAUUSD: One last pullback possible, but bullish long term.Gold is neutral on its 1D technical outlook (RSI = 51.979, MACD = -4.490, ADX = 14.647) as once more it got rejected on the 1D MA50, struggling to close a 1D candle over it since December 12th 2024. Technically though, it is on a slow rise on the bottom of the Channel Up, potentially a bottom formation like June 2024. Even though one last pullback like June 26th 2024 is possible, the long term trend remains bullish as long as the 1D MA200 holds. As the July rally did, we aim for a little under the 2.0 Fibonacci extension (TP = 2,850). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
GOLD ROUTE MAP UPDATEHey Everyone, Another PIPTASTIC day on the charts today with our analysis playing out to perfection!! Yesterday after bouncing off the retracement range we stated that 2611 was a weighted level and as long as we see no lock below 2611, we should see a continuation of the bounce into completing the Bullish gap at 2661 - This played out perfectly with our bullish target 2661 being hit today completing this range. Lovely catch from yesterdays update. No lock above 2661 confirmed the rejection. We will see play between 2661 and 2633, until one of the weighted levels break and lock to confirm 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 2661 - DONE EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 - DONE EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
9
GOLD in 2025. The Main Fundamental Trigger Explained Many of you asked me to provide long-term analysis for Gold and my predictions for 2025. Gold remains in a strong bull run since 2019. The first trigger for a massive bullish rally was Covid . The end of lockdowns made Gold finally stop the rally. The second strong bull run was triggered by the initiation of a "Special Military Operation" in Ukraine by Russia in 2022. The rally become even stronger with the third bullish wave being caused by the start of Israeli Palestinian conflict. The main drivers that push Gold prices up are the wars, complete uncertainty and the expectations of further escalations. However, the US elections and promises of Trump to stop the wars and bring peace made Gold stop growing and initiate quite a remarkable bearish rally in November. Now the market awaits if Trump will manage to deliver his campaign promises . If his administration finds a way to stop conflicts in Ukraine and Gaza, Gold will start falling to lower structure levels. Failure of Trump to bring peace and the escalation of geopolitical tensions in contrary will trigger another bullish rally to new all-time highs. Pay attention to the actions of Trump after the inauguration and let's hope for the best! ❤️Please, support my work with like, thank you!❤️
PEPPERSTONE:XAUUSDShort
by VasilyTrader
1
GOLD ROUTE MAP UPDATEHey Everyone, Great start to the week with our plans to buy dips playing out, as analysed. We started the day with the bearish target 2633 being hit, followed with a bounce allowing us to safely capture a clean 40 pips. We did not chase any further, as we got the ema5 lock below 2633 opening 261. Our lock confirmed further movement was due down and just like we analysed another drop followed. The drop was just short of the full gap to 2611 and just above the retracement range, which followed with the bounce inline with our plans. 2611 is a weighted level and as long as we see no lock below 2611, we should see a continuation of the bounce into completing the Bullish gap above. 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 2661 EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 - DONE EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
11
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 2661 and a gap below at 2633. 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 2661 EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET 2681 EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET 2711 BEARISH TARGETS 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
9
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 2655 and a gap below at 2629. 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 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING 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 2629 EMA5 CROSS AND LOCK BELOW 2629 WILL OPEN THE FOLLOWING BEARISH TARGET 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE SWING RANGE SWING RANGE 2561 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
5
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. As stated last week the retracement range is still providing support and we also stated that we had a candle body close above 2629 opening 2686 gap and will also need ema5 lock to further confirm this. - This gave a nice push up last week with over 200 pips. We now also have the ema5 confirmation for the long range gap above at 2686. As long as the retracement range holds and provides support we will continue to buy dips knowing we have the gap above open. 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
OANDA:XAUUSD
by Goldviewfx
7
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Another update on the weekly chart idea we have been tracking for over a month now and still playing out as analysed. As stated already this chart allowed us to project the long term corrections and direction. We are using this chart to track our bullish targets until no ema5 lock to confirm rejections on the levels. The channel top is continuing to provide support like we stated for the past few weeks, We had a test within the channel into 2590 axis inline with the retracement range, which gave the perfect reactional support bounce. This is the beauty of our Gold channels, which we draw in our unique way, using averages rather than the price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. As long as we see no ema5 break and lock below into the channel, we cane safely continue with our plans to buy dips in this range using the the levels just like the last few weeks reactional bounce above the retracement axis level. 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
OANDA:XAUUSD
by Goldviewfx
4
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Great finish to the week with all our chart ideas playing out, as analysed. The retracement range provided support on this 1h chart idea for the bounce clearing 2617 and 2639, which then followed with cross and lock opening 2666, which was tested today completing this range. No cross and lock above 2666 confirmed the rejection we are seeing now. BULLISH TARGET 2639 - DONE EMA5 CROSS AND LOCK ABOVE 2639 WILL OPEN THE FOLLOWING BULLISH TARGET 2666 - DONE BEARISH TARGETS 2617 - DONE 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
OANDA:XAUUSD
by Goldviewfx
9
GOLD ROUTE MAP UPDATEHey Everyone, Another great day the charts with our chart idea playing out in usual fashion. After completing our bearish target on our last update, we stated that price was heading towards 2629 to complete the Bullish target that was left short by a few pips previously. - 2629 bullish target was hit perfectly followed with ema5 cross and lock opening 2655. This target is now also complete, which gave plenty of time from confirmation to getting hit . We will now wait for a cross and lock above 2655 for further continuation or failure to lock above will see price reject and find support at the lower Goldlturns for a reaction. 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 2629 - DONE EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 - DONE EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 - DONE EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 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! Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
Gold short position XAUUSD - Medium TermOANDA:XAUUSD #Gold #XAUUSD has been declining since March, and has shown an accelerated move to the downside (mid april to mid may) signaling a short position. After almost a month of moving side ways and failing to reclaim above the broken trendline, a bearish continuation is now in play aiming at 1721 and 1687 The third continuation wave should bring the price lower to these levels. Short position can be taken between 1829 - 1845 $ TP1 1721 $ TP2 1687 $ SL = 1D close above 1880 $ Risk/Reward = 2.9
FX:XAUUSDShort
by Samurai_07
1
GOLD ROUTE MAP UPDATEHey Everyone, Once again our chart idea is playing out perfectly. We got our bearish target now complete at 2600 followed with the weighted bounce and now heading towards 2629 to complete the Bullish target gap that was left short by a few pips yesterday. We are still seeing price play between the two weighted levels and will one of the weighted levels to 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 2629 - DONE EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 BEARISH TARGETS 2600 - DONE EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 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! Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
2
THE KOG REPORT THE KOG REPORT 4H – LAST ONE OF THE YEAR! In last week’s KOG report we said we would be looking for price to find support on the open into path illustration and then attempt the move upside into the 2630-35 range which we suggested would be a reasonable target for any long trades. It’s at this level we wanted to take out our longs and attempt the short trade sticking with the bias of the week which was the 2660 bearish below level. It was a ranging week with minimal movement considering recent weeks, however, we managed to get the resistance level and then the move down on the red boxes where we suggested traders take partials and then leave runners at BE into the close. Another decent week on the markets in Camelot not only on Gold but the other pairs we trade and analyse. So, what can we expect in the week ahead? Well, we again have that order region of 2630-35 which we ideally would like to see visited one more time, however, there is a key level of resistance sitting at the 2625-7 region which we would price to attempt during the early session before settling again. Ideally, we would like to see one of these levels reject giving a further move downside into the lower support levels which are active on the red boxes. The first level being 2610 and below that 2600-4 which will need to break for us to go lower into the new year! It’s a really important week with the yearly candle close above the 2655 level to confirm further movement upside. The key levels for the end of year, support 2596, needs to break and close below in order to form the structure to go lower and break the range. Resistance 2640 needs to break upside and hold in order to see more gains on this precious metal. Simple one this week as we’re still on our festive break and spending limited time on the charts. We’ll update and post the analysis for the wider community as we go through the week. Otherwise, wishing you the best of success in your trading journey for the New Year and thank you for being with us. KOG’s Bias for the week: Bearish below 2640 with targets below 2610, 2604, 2596 and below that 2580 Bullish on break of 2640 with targets above 2655 and above that 2665 RED BOXES: Break above 2625 for 2630, 2635 and 2638 in extension of the move Break below 2613 for 2604, 2597, 2592 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
FX:XAUUSD
by KnightsofGold
8
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We are still seeing price play between the two weighted levels and started the day with our bullish target test 2629, which just fell short but can be considered as done. No cross and lock above confirmed the rejection and now we are seeing price head towards the lower weighted level for a test. 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 2629 EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 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
2
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 2639 and a gap below at 2617. 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 2639 EMA5 CROSS AND LOCK ABOVE 2639 WILL OPEN THE FOLLOWING BULLISH TARGET 2666 EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET 2691 EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET 2719 BEARISH TARGETS 2617 EMA5 CROSS AND LOCK BELOW 2617 WILL OPEN THE FOLLOWING BEARISH TARGET 2593 EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE SWING RANGE 2570 - 2551 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
19
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 2629 and a gap below at 2600. 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 2629 EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2519 - 2486 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
2
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. We are still seeing price play in the retracement range and expect this range to provide support with the lowest in the range we can see 2560 and support above this level should provide bounces to chase targets above. We now also have a body close above 2629 opening 2686 gap and will need ema5 lock to further confirm this. 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
OANDA:XAUUSD
by Goldviewfx
2
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone, Please see update on our monthly chart idea for our long term/range analysis. Beginning of the month we stated that this month also started with a detachment to ema5 below for a correction, which was also highlighted with a small mini circle on the chart for visual purpose. - This detachment to ema5 was completed perfectly. We also stated that the area above 2589 is a strong level of support with ema5 providing dynamic support now for a bounce. - This also played out perfectly with ema5 providing dynamic support and above our 2589 support level for the push up, perfectly hitting our axis target 2702. We now have two days for month end and will need a body close above 2702 for confirmation for a further continuation or a body close below 2589 to confirm the channel top test below. However, if price closes this month in this range without the body closes, then we are likely to see play between this range for another month with not much detachment on the next monthly candle to ema5, which means the likely dynamic support should be provided by ema5 from the beginning of the month. We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend. 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
FOREXCOM:XAUUSD
by Goldviewfx
6