EurUsd BuyThe pair has followed its bullish path as in my previous anylisis i have identified its crucial point from the pair has shot up and moving in its bullish path we have also witnessed a FVG over daily bullish move which has been mitigated by the pair in last week the weekend is over and back to the market we are ready to catch up a awaiting bullish move confluence for the bullish move is first FVG and 2nd is price has completed its retracement to the 50% of Fibbo level on daily TF so there are higher probabilities for price to go higher to its historical cum physiological resistance so we are monitoring price very closely so that we can save our capital and gain profits
Good for the week guys
Goldtradingstrategy
Gold Buying opportunity As i said previously in my previous anylisis gold has made a beautiful rally downards and will fly over again from its physiological H4 to H1 support level at 2500 and gold also did that it rejected the level and now will move upwards to its immediate resistance level of 2519 and if price breaks above 2519 level it will shoot for 2530 physiological level then it could go for 2550 physiological level so we are bullish this week on gold 🪙
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be looking for the high to confirm which worked well, to then short into the lower support levels which we got nearly to the pip. We then said we would long looking for price to attempt the ATH to finish off the week, this move completed half way. During the week, we said traders should look for an undercut low which was again achieved and gave us another opportunity to long back up. On Thursday we suggested traders protect trades and take a majority as price seemed to struggle at resistance. Fortunately, that was the perfect time as we then witnessed the attempt at rage low again which is where we closed.
A fantastic week on not only gold, but the numerous other pairs we trade hitting targets and completing another phenomenal month in Camelot.
So, what can we expect from the week ahead?
For this week we have to keep in mind we’re still in that range and price is accumulating. That entails these swings up and down as they’re simply gathering orders before a potential breakout. We have a US Holiday tomorrow so volume during that session should be low and on Friday we have NFP, so we can expect a lot of movement Tuesday into Thursday pre-event.
We’ve plotted the potential range we feel price may play but that’s based on it remaining below the 2515 region. Ideally, on open we would like to see this attempt the resistance level and fail, if that is confirmed, we feel an opportunity to short into the lower support levels are available with the initial level being 2480-85.
It’s these lower levels we want to monitor as the tap and bounces can come from below if reached taking this back up. We have to be mindful this week due to NFP which is likely to cause the whipsaw, and if they do want to attack that ATH again, we feel this is when it come.
Please keep an eye out for KOG’s bias of the day together with the red boxes we share. These have proved to help traders in stay the right side of the markets and work extremely well with the target levels we post across all the pairs we trade.
We’ll say this report is applicable until mid-week, we’ll then prepare for NFP.
KOG’s bias of the week:
Bearish below 2515 with target below 2485
Bullish on break of 2515 with target above 2540
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
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2509 Goldturn resistance and 2498, as Goldturn support.
We currently have a gap above on market open at 2509 and below at 2498 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
2509
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2524
2535
BEARISH TARGETS
2498
EMA5 CROSS AND LOCK BELOW 2498 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
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 2519 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
2519
EMA5 CROSS AND LOCK ABOVE 2519 WILL OPEN THE FOLLOWING BULLISH TARGET
2536
POTENTIALLY 2550
BEARISH TARGETS
2492
EMA5 CROSS AND LOCK BELOW 2492 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2468
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
DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
After hitting and completing our final target at 2521 multiple times last week, we stated that we will now look for either a candle body close or ema5 lock above 2521 to confirm 2566.
We have the candle body close above 2521 for the gap to 2566. Ema5 lock would further confirm and strengthen this gap.
We have to also keep in mind that we have a support range below at 2464 - 2405 for longer range support areas to buy strategic dips if the corrections take place before completing gaps above.
We will use 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
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
Gold will move up after reaching 2458 - 2433 zone on Daily FrameMy expectations for gold movements during the coming week
After the daily candle failed on Friday and the rest of the week to close above 2531, the candles will head to cheap areas on the daily candle to obtain liquidity, and indeed the market movement on Friday was a rebound of gold to the 2494 areas, where it corrected after that to restore FVG consideration near the price of 2505
With the beginning of next week, the price will retest the 2507-2513 areas before falling again towards the areas drawn in the figure, which are important liquidity areas on the daily and weekly candles, and the first area is 2458 and contains an order block on the 4-hour frame, and the price was able to fill the previous FVG, and here also there is an order block on the daily frame, meaning that we are in a Unicorn, and therefore the price can often rebound from this area, but if the price fails to rise and close above 2500, then we may see a retest of a cheap area on the weekly frame, which is an area that extends to prices of 2430, which is an order Block on the 4-hour frame intersecting with FVG and it is very possible to take liquidity from under the news candle at 2434 and make Turtle soup and then rebound..
Bounce to where.. To the Rejection Block area that is clear in the drawing there where there is very high liquidity above 2527 and of course with a Fibonacci extension above the swing 127 - 138 - 168%.. As an expansion we expect the price to reach prices of 2560 - 2600
Any talk at the present time about a very large drop in gold is illogical at least before the Federal Reserve meeting and the approval of cutting interest or not
This is my vision of the expected price movement next week..
If there are additional or different visions.. According to ICT or any other schools, we may share here on the post for the benefit of everyone..
The information in the post is not investment advice.. It may be right or wrong
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
Gold is in the bullish direction after correcting the support Hello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold is in the Buy Direction after Using the Support LevelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSD: Today will be the last chance to set a new highYesterday we sold at 2525 and closed at 2515. Just now, the gold price rebounded to 2525 again. I notified in the channel that I had done such a transaction again, and now it has been closed with profit. I believe that friends who have followed my trading strategies have made huge profits. Congratulations to everyone.
The 2525-2530 area has not broken for 5 consecutive times, which will obviously have a negative impact on the strength of the bulls.
However, I observed that in the 1H chart, the recent lows of gold prices are constantly moving up, which shows that gold prices are moving upward. Although the highs have been stuck in the 2525-2530 area, the upward movement of the lows indicates that there is already an idea of breaking through the resistance range.
In addition, there are multiple data to be released today, among which the important data PCE price index will be the top priority of the market. Once several of these data are bullish, coupled with the current high global risk aversion, I think gold is likely to break through the resistance.
Therefore, based on the above information, I give the following trading strategy:
Buy bullish when the price falls back to the 2500-2510 area
Or wait for the PCE data to be released and make other plans based on the data performance
I prefer the former because I have a feeling that the gold price will hit a new high today
Gold ideaAs we have seen gold has made a rally downards and meet us with great profits as we have entered on a confirmation on 2519 price on bearish side and got a profit on 2500 level of price the price can hover around this level of support and can eventually go higher to its price level of 2530 and higher than that if price breaks above 2530 and sustains price can go over 2550 of physiological Resistance level so we are watching price closely and keenly so that we can make profits
Gold price analysis August 30Fundamental Analysis
Upbeat US growth reports and initial jobless claims have pushed back expectations of a deeper Federal Reserve rate cut in September, weighing on non-yielding gold. However, escalating geopolitical tensions in the Middle East and the war between Russia and Ukraine could boost safe-haven demand, benefiting the yellow metal.
Investors will be closely watching US inflation data for further insight into the potential size of the Fed’s rate cut. The core personal consumption expenditure (PCE) price index, the Fed's preferred inflation gauge, is estimated to have risen 2.7% year-on-year in July, up from 2.6% in June. A weaker-than-expected PCE reading could prompt the Fed to start a rate-cutting cycle, acting as a bullish catalyst for XAU/USD.
Technical Analysis
Gold is pushing higher in the European session ahead of an all-time high. If the resistance at 2525 is broken before the US session starts, we will see a new ATH around 2450. In the event that gold is pushed below 2525 and the US enters, it could push gold deeper into the current support at 2503-2494 as a hurdle ahead before heading towards 2485 to end a volatile Friday for gold.
Resistance: 2530 - 2535 - 2543 - 2550 - 2558 - 2568
Support: 2513 - 2505 - 2500 - 2494 - 2485 - 2472
SELL zone 2541 - 2543 stoploss 2547
SELL zone 2548 - 2550 stoploss 2554
BUY zone 2509 - 2507 stoploss 2503
BUY zone 2485- 2483 stoploss 2480
USDJPY trading signalsUSD/JPY stays pressured below 145.00 after hot Tokyo inflation data
USD/JPY remains under pressure below 145.00 in Asian trading on Friday, The Japanese Yen is underpinned by hot Tokyo annual CPI data, which fans hawkish BoJ expectations. The pair's downside, however, is cushioned by the recent US Dollar strength and a better mood. US PCE eyed.
BUY USDJPY now zone 145.000-144.800
Stoploss 144.700
Take Profit 1 145.300
Take Profit 2 146.000
GOLD - Big Move Pending...Gold is trading at KEY AREAS.
It is currently in a key RESISTANCE box/level with an ascending trend line supporting the bottom of the candles, which helps to present LONG opportunities.
For LONG opportunities i'd like to see XAUUSD break the key RESISTANCE LEVEL, or bounce on the ascending trend line where it would then look to retest the resistance zone.
For SHORTS i'm looking to see a strong large VOLUME rejection off the RESISTANCE zone, then a BREAK OF TREND LINE.
XAUUSD: Today I waited until 2530 before tradingAs can be seen from the figure, my two trend prediction lines were drawn very accurately. It is a pity that we were in the 2500-2505 buying range, and the two buying orders were all profit-taking before the market closed. The best performance of these two rises was in the Asian session of the next day. During that period, I was still sleeping in Europe, which was quite regrettable.
But think about it the other way around. You should be content if you can make money, because you can't make money in all trends. It's always better to make money than to lose money, isn't it?
Yesterday before I took a break, I said that if the historical high cannot be refreshed today, then gold may start to fall. This high point has been attacked many times. After many unsuccessful attacks, the bullish force will weaken. Therefore, whether this attack can be refreshed is a key point. Please keep an eye on it.
How should I trade today? To be honest, I am not sure for the time being, because the current position is in the middle of support and resistance. If I continue to be bullish, it is too far away from the lower support. I feel that there is a risk. If I am bearish, it is still more than ten dollars away from the upper resistance, which is also risky.
Therefore, I think it is better to wait and see. Today, three US data will be released. When the data comes out, I think the direction of the market will be much clearer.
Trading strategy:
If it can break through the historical high today, I think it can chase the rise, with a target of 2550-2570
If it encounters resistance near 2530 today, you can consider selling at a high level, with a target of 2505-2500
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
XAUUSD:29/8 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2550, support below 2450
Four-hour resistance 2525/2550, support below 2494
Gold operation suggestions: Gold's downward momentum last night was very strong, but the energy of the early morning rebound was also relatively strong. At present, the low point of the medium-term trend of the gold hourly line has been in a continuous downward stage. The disk shows a trajectory of weak and oscillating decline, but it began to stabilize and rebound near 2493 yesterday. At present, the Asian session broke through the moving average pressure level and attacked 2521, and it is very close to the upper pressure level of 2526-2528! Need to wait patiently!
Judging from the current trend of gold, the upper pressure remains around 2525-50, and the lower support remains around 2490-2494. Before the lower level fails to break, there may still be a period of range oscillation in the short term, and gold rebounds. If there is no breakthrough near 2525-30, you can go short.
BUY:2494near SL:2490
BUY:2500near SL:2494
SELL:2528near SL:2533
⚠️The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged on Friday as the US Dollar and Treasury bond yields tumbled, driven by dovish comments from Federal Reserve Chair Jerome Powell. With the Fed signalling a policy shift and acknowledging that inflation is nearing the 2% target, the focus has turned towards achieving maximum employment. This backdrop has sparked renewed interest in gold among Western investors, especially as expected interest rate cuts could reduce the opportunity cost of holding the precious metal.
In this video, we analyze the current market dynamics, showing why gold may not be overbought and why there’s potential for continued upward momentum. The CME FedWatch Tool indicates a 25 bps rate cut is fully priced in, with rising odds for a larger cut. We’ll dive into both the technical charts and fundamental factors that favor higher gold prices in the coming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,495 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#Gold #XAUUSD #Forex #FederalReserve #InterestRates #Inflation #TradingStrategy #MarketAnalysis #TechnicalAnalysis #Investing #ForexTrading #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.