Goldtradingsetup
XAU/USD 24 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's.
Following the bearish iBOS we now expect price to pullback.
Intraday expectation: We are seeing a reaction to H4 flip zone where price could target weak internal low, however, price is trading in between H4 supply and demand. Price could potentially continue bullish to 50% EQ before targeting weak internal low.
H4 chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed a bearish iBOS
We are currently trading within an internal range with price printing a bullish CHoCH which indicates, but not confirms bullish pullback initiation.
Price has reacted from H4 supply POI which was well positioned in premium EQ.
Intraday expectation: price to target weak internal low, however, price could potentially from any H4 or M15 POI.
M15 Chart:
Gold continues to pull back, today’s trading strategy analysis
Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future.
As the impact of the situation in the Middle East subsided, the price fell as low as $2,333 in the short term. However, because the market fell too fast, it indicates that there will be a rebound trend in a certain range. However, the current trend is still mainly downward.
Today's trading strategy is still mainly short selling at high prices.
Entry is in the 2350-2360 range, with a downward outlook of $2330-2320.
The 2365 line above needs attention.
If the rebound rises to the 2365-2370 range and stabilizes, a rise back to last week's gold price levels may occur.
If you encounter difficulties, you can seek my help. I will share trading strategies and trading ideas every day.
XAUUSD | Gold Setup TimeFrame M15XAUUSD | Gold Setup Timeframe M15
This idea is based on Educational Purposes
We will Wait for break the Ascending line
Current point at 2302.00
if Gold break the 2306 point we will open our positions from that point We will hold until Resistance at 2319 break then 2339 and our End Target would be 2349.00
if this point ( 2306 ) can not break this idea would be expired
Cheers and Wait for the Next update
XAU/USD 23 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's.
Following the bearish iBOS we now expect price to pullback.
Intraday expectation would be for price to retrace to H4 POI or 50% EQ to then target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed a series bearish iBOS' which was expected as per yesterday's analysis.
We are currently trading within an internal high and fractal low with bullish CHoCH being positioned at the same level of the internal high.
Price has tapped in to M15 Demand area where we saw a reaction.
Intraday expectation would be for price to retrace to either 50% EQ or nested H4 and M15 POI's before targeting weak internal low.
M15 Chart:
GOLD: First Idea Turned Out to be in our favour| What next? Dear Traders,
Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The second entry is if Gold decide to retrace a bit as in Asian Session then possible area that it may reach up to and reject is 2371$.
Good Luck and Trade Safe
Gold trend analysis
In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383.
Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger players or just interest rate expectations surrounding the US FOMC, but the fact that this move continues to attract bulls to buy at support makes me think gold’s bullish trend is not over yet.
I will share trading strategies and trading ideas every day. I hope that with my help, everyone can make huge profits!
XAU/USD 22 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price has tapped into H4 demand where we are seeing a reaction, however, price has previously failed to break and close above weak internal high.
The prevailing trend, which is bullish, would be a factor, therefore, current intraday expectation is for price to react at H4 demand level to target weak internal high, however, because price has printed a bearish CHoCH an alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS which confirms internal structure is now bullish in-line with bullish swing structure.
Price has now tapped into a M15 demand area, however, as the demand area has yet to do anything significant I will be watching this zone.
Additionally, price has failed to close below strong low, therefore, internal bullish structure remains intact.
Current intraday expectation would be for price to target weak internal high.
However, as all HTF's require a pullback it would not be unrealistic for price to close below strong internal low.
M15 Chart:
GOLD 1H CHART ROUTE MAP FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price test 2393 on market close last week with a candle body close gap to 2408 weighted level. We will need to see ema5 lock to further confirm this.
We will need to see ema5 lock above 2408 to further open the range above or a rejection will follow to find support at 2371. A cross and lock below 2371 will open the retracement range and a further cross and lock below 2333 will open the swing range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2393
2408
EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS
2422
2440
AND POTENTIALLY 2454
BEARISH TARGETS
2371
EMA5 CROSS AND LOCK BELOW 2371 WILL OPEN THE RETRACEMENT RANGE
2355
2333
EMA5 CROSS AND LOCK BELOW 2333 WILL OPEN THE SWING RANGE
SWING RANGE
2278- 2258
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD: Not Sure What Next? Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
XAU/USD 19 April 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is currently between H4 supply and demand where we are seeing a battle between the bulls and bears with price printing an internal bearish CHoCH.
The prevailing trend, which is bullish, would be a factor, therefore, current intraday expectation is for price to react at H4 demand level to target weak internal high, however, because price has printed a bearish CHoCH an alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Sub-internal: Bullish.
Price has printed a bullish iBOS which confirms internal structure is now bullish in-line with bullish swing structure.
Price then tapped into a M15 demand area where we saw a reaction.
Current intraday expectation would be for price to react at 50% EQ or M15 POI before targeting weak internal high.
M15 Chart:
XAU/USD 18 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is currently between H4 supply and demand where we are seeing a battle between the bulls and bears with price printing an internal bearish CHoCH.
The prevailing trend, which is bullish, would be a factor, therefore, current intraday expectation is for price to react at H4 demand level to target weak internal high, however, because price has printed a bearish CHoCH an alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Sub-internal: Bullish.
Price has printed a bearish iBOS followed by a bullish CHoCH which indicates, but not confirms, on an intraday perspective, that pullback phase following bearish IBOS has started.
I have also mapped sub-internal structure to gain a micro-view of price where sub-internal structure is bullish.
Current intraday expectation would be for price to react at 50% EQ or H4, M15 POI before targeting weak internal low.
M15 Chart:
XAUUSD:15/4 Today’s Analysis and StrategyDaily resistance is 2374, support below is 2326-2320
Four-hour resistance is 2374, support below is 2326-2320
Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer mark, and fell back under pressure near 2432 and moved quickly. fell, and started a unilateral downward trend, breaking through the bottom of 2370 and reaching around 2333. The overall price accelerated above 2400 and then quickly fell back under pressure, and the price closed below the morning rising point of 2370 to welcome a deep adjustment. From this wave of bullish upwards From the perspective of the time cycle, the current market expectations for bulls have basically been completely released. In the short term, focus on the long and short watershed below the daily line of 2320. Standing firm at 2320 is still the bull trend.
From the daily analysis, the 2320 position will be the watershed between the daily long and short strength. Above it is the 2374 pressure level. During the day, rely on this range to sell high and buy low, and wait patiently for key points to enter the market. Once 2320 breaks, the short trend will begin. !
BUY:near 2320
SELL:near 2374
XAUUSD: Gold peaked in the short term, waiting for rebound SellGold has peaked in the short term and is waiting to rebound to Sell near 2358.
There is still a lot of room for gold to fall. Driven by risk aversion last Friday, it did not rise as unstoppably as before. Instead, it surged higher and then fell. This has indicated that the gold bulls have ended and the short-term is controlled by the short-term, so If it rebounds to around 2358 today, you can sell.
The market is changing rapidly and is confusing. Sometimes we cannot be fooled by the illusion in front of us. Only by not being afraid of the clouds blocking our eyes can we see clearly behind the market.
XAU/USD 15 April 2024 Intraday AnalysisH4 analysis:
Analysis/Bias remains the same as yesterday's weekly analysis dated 14 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's relentless bullish run and continues to print all time highs.
Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not confirm.
Price has now printed a bearish CHoCH.
Due to the bullish nature of the market and prices at all time highs, the most prudent remains the same, which is to adopt patience and allow price to print structure as opposed to picking tops.
H4 chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish iBOS which confirms M15 internal structure has switched bearish as all HTF's require a pullback.
Current intraday expectation would be for price react at 50% EQ or H4, M15 POI before targeting weak internal low.
M15 Chart:
XAUUSD: 12/4 strategy. Beware of extreme market conditions FriGold technical analysis
Daily resistance 2400-2450, support below 2342
Four-hour resistance 2400-2420, support below 2383
Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls and once again hit a record high. The short-term gold price still continues to be extremely unilateral by bulls. trend.
Judging from the current trend, today’s lower support focuses on the 2342 and 2383 levels, the upper pressure is 2400 and the 2410-20 area, and the short-term long and short dividing line is 2383
BUY: 2382~2086
BUY: 2372~2377
I am a gold buyer. follow me!
Gold is bought at 2332-2336.
The short-term target is 2348-2355. If this position breaks through and stabilizes, move the target upward to 2365-2380 until above 2400.
The short-term lower support position is 2319. If it falls below. Look at the strong support of 2300.
Follow the trend. and boosted by news. Weak US dollar trend. Risk aversion is heating up, and all aspects of it are affecting it, making it the best time to buy gold. It’s good for buying gold.
For traders who don’t know how to operate, traders who continue to operate in the opposite direction, and traders whose accounts have suffered huge losses, remember to leave me a message to receive detailed trading signals.