Get started

Goldtradingstrategy

Watch as the bears are about to dance!📍Bros, we must pay attention to the 3040-3050 area next. If gold cannot break through this area during the rebound, then the technical level may build a head and shoulders top structure, further stimulating the decline of gold. The market bullish factors for gold have all appeared. If there is no extra force to support the rise of gold, then the bears will fully wake up and may even go down to the 3020-3010 area. 📌So in terms of short-term trading, we can try to short gold in the 3040-3050 area. 🔎Xauusd:@3040-3050 Sell 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
Seize the callback opportunity to go long goldBros, after hitting a high near 3057, gold fell back as expected. It has now fallen back to around 3030. 📍Although the fall in gold was expected, the strength of the fall was less than expected. According to the current strength of the fall, gold may not be able to form an effective downward force. It is more likely to attract friends who missed the entry ticket in the early stage to enter the market again to buy gold; 📍After the breakthrough, there are many supports below. It may be difficult to break through the heavy support area in a short period of time. The primary support below is in the 3025-3015 area. We can try to buy gold with this area. 🔎Xauusd:@3030-3020 Buy 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDLong
by Trader_Marvin
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. While gold is relatively new to this range we have to entail some caution if we’re even going to consider trading this FOMC. Markets are a little fragile, we’re at ATH’s and the moves are extremely aggressive. So, we’ll highlight the red box levels and the potential move we’ll be looking for, sticking to the extreme and key levels, ignoring the intermediate levels. Looking at the chart we have a support region below 3010-15 which if spiked into and held can push this back up this time to break above 3030 and attempt to attack that 3050 region. That in our opinion would be the first point to start looking for price to exhaust, but it will only give us the flip so longer scalps are likely to be all we’ll get. If we break above the 3055 region we’re likely to go higher giving us a red box resistance level of 3065-75. It’s this level we would ideally like to target from a lot lower down if we can get that entry. For that reason, we have given the level below on the break of 3010 sitting around 2990-80, we’ll have to wait and see, but if we can get down there a nice swing could present itself. RED BOX INDICATOR: Break above 3030 for 3050, 3055, 3063 and 3070 in extension of the move Break below 3020 for 3912, 3006, 2996 and 2990 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
13
How to Trade News!Heads up, everyone! The Federal Reserve's interest rate decision will be announced in one hour! Currently, gold is consolidating in a narrow range around the 3035 level. At this point, it's not advisable to enter short positions on gold just yet. 📍From a technical perspective, gold has formed an ascending triangle pattern. If it fails to break below the 3027-3025 support zone, the bullish momentum could persist, with an upside target in the 3045-3055 range. Therefore, it's best to hold off on aggressive short positions for now. 📍However, if gold, driven by the upcoming announcement, struggles to break above the 3045-3055 resistance area, 3045 may establish itself as a short-term top. In that scenario, short positions can be considered using the 3040-3050 zone as a resistance level. 🔎Xauusd:@3040-3050 Sell，TP：3030-3020； 📍On the other hand, if gold decisively breaks below the 3025-3020 support level, attention should be focused on the 3010-3000 range. Should gold find support and stabilize within this range, it may present a favorable opportunity to go long once again. 🔎Xauusd:@3010-3000 Buy， TP：3030-3040 📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
GOLD ROUTE MAP UPDATEHey Everyone, Once again our chart levels are being respected and playing out, as analysed in true level to level fashion. After completing all our Bullish targets 2993, 3011 and 3029, all confirmed with cross and lock, we then confirmed a lock above 3029 opening 3049 yesterday. We got the nice move up but just short of the full gap, which then followed with a rejection into the lower Goldturn for the bounce, giving us plenty of opportunities to milk the bounces just like we stated. We still have the gap remaining open and we are seeing price play between two weighted levels. We will now look for either level to be tested and broken with cross 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 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 EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET 3068 BEARISH TARGETS 2968 EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET 2942 EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET 2922 EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE SWING RANGE 2906 - 2886 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
Bears are about to revive, short gold！Gold has rebounded to around 3040 once again. It is undeniable that the risk of going long is gradually increasing. At this level, the primary strategy should be to avoid blindly chasing long positions in gold to mitigate the risk of a significant pullback. Additionally, during the recent retracement, gold only briefly touched the 3023 level before rebounding. Given the insufficient depth of the pullback, this swift rebound suggests that gold may continue to test its short-term highs. Currently, there is no clear technical topping pattern, and the candlestick formations remain strong, indicating further upward potential. Gold could extend its gains toward the 3050-3060 range. From a trading perspective, it may be prudent to consider short positions in the 3045-3055 range.Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
Short gold with 2930-2940 zone as resistanceBros, the situation in the Middle East is turbulent again! Gold took advantage of the trend and continued to rise to around 3028. Stimulated by the news, gold's rise was obviously abnormal and showed a disorderly rise! This kind of price rise is actually very dangerous, so we can't directly chase gold. According to my expectations, the highest price of gold will only reach around 3040, so I think shorting gold with 2930-2940 zone as resistance is the best trading opportunity at the moment. However, in the short term, the correction of gold may be smaller than expected because the market is enthusiastic about going long. So the first thing we should pay attention to below is the 3005-2995 zone. Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
Open your eyes and watch the bear dance!Bros, I have clearly pointed out in the last article update that gold will continue to rise and hit the 3030-3040 area, and the highest will only reach around 3040; gold has risen to this area as expected, and has reached a maximum of around 3038. I have doubled my short position in gold around 3038; gold has risen sharply due to fundamental support and has seriously deviated from the technical side, so the faster gold rises, the more dangerous it is! After the market calms down, gold may experience a deep retracement. So I’m looking forward to when the bears dance next! And I am always optimistic about gold falling back to the 3015-3005 area! Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
15
Best GOLD XAUUSD Consolidation Trading Strategy Explained In article , you will learn how to identify and trade consolidation on Gold easily. I will share with you my consolidation trading strategy and a lot of useful XAUUSD trading tips. 1. How to Identify Consolidation In order to trade consolidation, you should learn to recognize that. The best and reliable way to spot consolidation is to analyse a price action. Consolidation is the state of the market when it STOPS updating higher highs & higher lows in a bullish trend OR lower lows & lower highs in a bearish trend. In other words, it is the situation when the market IS NOT trending. Most of the time, during such a period, the price forms a horizontal channel. Above is a perfect example of a consolidation on Gold chart on a daily. We see a horizontal parallel channel with multiple equal or almost equal highs and lows inside. For a correct trading of a consolidation, you should correctly underline its boundaries. Following the chart above, the upper boundary - the resistance, is based on the highest high and the highest candle close. The lowest candle close and the lowest low compose the lower boundary - the support. 2. What Consolidation Means Spotting the consolidating market, it is important to understand its meaning and the processes that happen inside. Consolidation signifies that the market found a fair value. Growth and bullish impulses occur because of the excess of demand on the market, while bearish moves happen because of the excess of supply. When supply and demand find a balance, sideways movements start . Look at the price movements on Gold above. First, the market was rising because of a strong buying pressure. Finally, the excess of buying interest was curbed by the sellers. The market started to trade with a sideways range and found the equilibrium At some moment, demand started to exceed the supply again and the consolidation was violated . The price updated the high and continued growth. Usually, the violation of the consolidation happens because of some fundamental event that makes the market participants reassess the value of the asset. At the same time, the institutional traders, the smart money accumulate their trading positions within the consolidation ranges. As the accumulation completes, they push the prices higher/lower, violating the consolidation. 3. How to Trade Consolidation Once you identified a consolidation on Gold, there are 2 strategies to trade it. The resistance of the consolidation provides a perfect zone to sell the market from. You simply put your stop loss above the resistance and your take profit should be the upper boundary of the support. That is the example of a long trade from support of the consolidation on Gold. The support of the sideways movement will be a safe zone to buy Gold from. Stop loss will lie below the support zone, take profit will be the lower boundary of the resistance. AS the price reached a take profit level and tested a resistance, that is a short trade from that. You can follow such a strategy till the price violates the consolidation and establishes a trend. The market may stay a very extended period of time in sideways, providing a lot of profitable trading opportunities. What I like about Gold consolidation trading is that the strategy is very straightforward and completely appropriate for beginners. It works on any time frame and can be used for intraday, swing trading and scalping ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
4
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts once again with our analysis playing out to perfection!! After completing our 2993 Bullish target yesterday, we stated that we now have a ema5 lock above 2993 opening 3011. This target was hit today just like we said, followed with a further cross and lock above 3011 opening 3029, which was also hit today completing this range. We now have a lock above 3029 opening 3049. We now need to keep in mind we have had no corrections from the last two days momentum. Failure to lock above the next level will follow with a rejection to find support at the lower Goldturns for bounce and then further cross and locks will confirm the next range for us. 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 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 EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET 3068 BEARISH TARGETS 2968 EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET 2942 EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET 2922 EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE SWING RANGE 2906 - 2886 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
15
Last chance to short gold💡Today, gold hit a low of around 2980 during its decline. Obviously, gold's decline has not reached its peak! There is still demand for gold to continue to retreat. 💡At present, gold has rebounded to above 2998 again, but gold has not broken through the 3005-3010 zone during multiple rebound tests. The upper space has been compressed smaller and smaller, and the bullish momentum has been largely consumed. Gold is expected to seek a breakthrough downward; 💡In the process of multiple rebounds, the momentum of the rebound has gradually weakened, the bull market confidence above 3000 is not strong, the confidence of bulls is not firm, and after the profit realization and selling psychology gradually gain the upper hand, gold is likely to have a flash crash! 📉So we can short gold in the 3000-3010 zone! The first target: 2985-2975, followed by 2965-2955 📞Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Not a bad start to the week with the lower Red box support which was active holding price and giving the push up early session completing the first red box target. Since that we've experience accumulation and ranging which allowed us a short trade on the indicator and then a nice long to end the day, which is now protected and managed. We'll stick with the plan at the moment expecting a spike up with the first region being 3006 and above that 3010. Again, a bit high to even attempt a long as traders will want to see if we can hold above the 3000 level, until then, we'll look for the potential RIP. KOG’s bias for the week: Bearish below 2995 with targets below 2970, 2965, 2955 and below that 2950 Bullish on break of 2995 with targets above 3003, 3006, 3010, 3016 and above that 3020 RED BOXES: Break above 2995 for 2997✅, 3003, 3009, 3016 and 3021 in extension of the move Break below 2980 for 2975, 2971, 2965, 2959, 2955 and 2945 in extension of the move Short and simple this week, let’s see how the week plays out and remember, your risk model is there to protect you, use it, keep your losers small and your winners big! 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
13
GOLD ROUTE MAP UPDATEHey Everyone, Great start top the week with our chart idea already kicked off with our first Bullish target hit at 2993. We are now seeing a lock above 2993 opening 3011. Failure to lock above will follow with a rejection to find support at the lower Goldturns for bounce and then further cross and locks will confirm the next range for us. 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 2993 - DONE EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET 3011 EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET 3039 EMA5 CROSS AND LOCK ABOVE 3039 WILL OPEN THE FOLLOWING BULLISH TARGET 3049 EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET 3068 BEARISH TARGETS 2968 EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET 2942 EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET 2922 EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE SWING RANGE 2906 - 2886 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
23
The bear is coming soon, TP: 2965-2955Bros, bears are about to see the dawn! Gold is fiercely fighting for control in the 2985-3000 zone. Although the winner has not been completely decided, the balance of victory is tilting towards the bears! As gold stands above the 3000 mark, the upper space is relatively compressed, and the liquidity is getting lower and lower. Gold needs to retreat to increase liquidity! Judging from the candle chart, gold stood above 3000 twice and then quickly fell back, forming two obvious upper shadow lines, indicating that the bull market is not completely convincing, and it is very likely that a double-top structure will be technically constructed to further stimulate the decline of gold! At present, gold has not been able to effectively fall below 2880. In addition to having a certain support structure, it is more likely to be a bull market trap! So in the next short-term trading, I do not recommend continuing to chase gold. You can use the 3005-3015 zone as resistance and boldly short gold! Then wait patiently for gold to fall back to the 2965-2955 zone. Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
XAU/USD 17 March 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 16 March 2025. Previous analysis and bias was not met as price did not target weak internal low. Price has printed a bullish iBOS followed by a bearish CHoCH. Price is currently trading within an established internal range. Intraday Expectation: Price to either trade down to discount of 50% internal EQ, or Daily/H4 demand zone before targeting weak internal high priced at 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. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bearish CHoCH confirming internal range, however, price has not in any way pulled back significantly enough to classify current internal high as an iBOS, should price print higher than current internal high. Remainder of analysis and bias remains the same as yesterday's analysis dated 13 March 2025 Analysis and bias has not been met, largely due macroeconomic events, particularly the Trump trade tariff war, which is causing uncertainty within the markets which is supporting Gold price. Price has printed a bullish iBOS. Within the structure following the iBOS, price has printed a several bearish CHoCH's with very minimal pullbacks before continuing bullish. In order not to distort internal structure range I will apply discretion and not classify bearish CHoCH without considerable pullback. Intraday Expectation: Await for price to print Bearish CHoCH which is supported by a pullback relative to recent price action. 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:
OANDA:XAUUSD
by Khan_YIK
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 2993 and a gap below at 2968. 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 2993 EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET 3011 EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET 3039 EMA5 CROSS AND LOCK ABOVE 3039 WILL OPEN THE FOLLOWING BULLISH TARGET 3049 EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET 3068 BEARISH TARGETS 2968 EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET 2942 EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET 2922 EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE SWING RANGE 2906 - 2886 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
17
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 3005 and a gap below at 2972. 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 3005 EMA5 CROSS AND LOCK ABOVE 3005 WILL OPEN THE FOLLOWING BULLISH TARGET 3033 EMA5 CROSS AND LOCK ABOVE 3033 WILL OPEN THE FOLLOWING BULLISH TARGET 3059 EMA5 CROSS AND LOCK ABOVE 3059 WILL OPEN THE FOLLOWING BULLISH TARGET 3090 EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET 3117 BEARISH TARGETS 2972 EMA5 CROSS AND LOCK BELOW 2972 WILL OPEN THE FOLLOWING BEARISH TARGET 2947 EMA5 CROSS AND LOCK BELOW 2947 WILL OPEN THE FOLLOWING BEARISH TARGET 2918 EMA5 CROSS AND LOCK BELOW 2918 WILL OPEN THE SWING RANGE SWING RANGE 2889 - 2857 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 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 from previous weeks. Last week we stated that we had a candle body close above 2904 opening 2959 with ema5 lock to further confirm this. This played out perfectly completing this target and also perfectly inline with the channel top. We will now expect some resistance here on the channel top to then provide support on the lower levels and slowly ascend up the channel over a longer term. However, 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 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
5
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea that we have been tracking for over a while now and now fully complete. After completing 2856 target, we were left with candle body close above 2856 leaving a gap to 2976 but needed ema5 lock to further confirm this. We then had the ema5 lock last week to further confirm the long range gap above. This gap was completed last week completing this chart idea and with plenty of time for us to get in for the action, just perfect!!! 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. We will now update a new weekly chart idea for our long term analysis, targets and gaps next week. Please keep an eye out for it. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD ROUTE MAP UPDATEHey Everyone, What a PIPTASTIC finish to the week with our chart idea now complete with our final target at 3005 now done. We started the week with our 2918 Bullish target hit, followed with cross and lock in each stage of the range, completing 2947 and 2978 and now today confirmed a further lock opening 3005, which was hit and completed perfectly!! The power of our algo levels, even at a new range is being respected to perfection!! BULLISH TARGET 2918 - DONE EMA5 CROSS AND LOCK ABOVE 2918 WILL OPEN THE FOLLOWING BULLISH TARGET 2947 - DONE EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET 2978 - DONE BEARISH TARGETS 2889 - 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
22
Gold is about to plummet, double short gold!Brothers, gold accelerated to around 2985, but it could not cross 2990. The closer it is to the 3000 mark, the greater the resistance it faces. After the news is digested by the market to a certain extent, it is difficult for gold to have enough momentum to continue to break through the 2990-3000 market psychological mark in the short term, so a retracement will inevitably follow! The accelerated squeeze of gold has been separated from the technical side. After the news returns to normal, gold will inevitably have a technical retracement demand, so we can boldly short gold again in the 2985-2990 area! Tomorrow, Friday, will definitely be a turning point. Gold will at least retrace to the 2950-2940 zone tomorrow, and may even extend to the area around 2935. So in short-term trading, I still insist on using double trading lots to short gold at 2985-2990! Looking forward to making a profit of 400-500 pips in the short term!Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin