GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing a gap above at 2754 and a gap below at 2724, as weighted Goldturns 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
2754
EMA5 CROSS AND LOCK ABOVE 2754 WILL OPEN THE FOLLOWING BULLISH TARGET
2784
BEARISH TARGETS
2724
EMA5 CROSS AND LOCK BELOW 2724 WILL OPEN THE FOLLOWING BEARISH TARGET
2696
EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE RETRACEMENT RANGE
2672
EMA5 CROSS AND LOCK BELOW 2672 WILL OPEN THE SWING RANGE RANGE
SWING RANGE
2640 - 2611
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
Goldtradingstrategy
GOLD DAILY CHART SHORT/MID TERM ROUTE MAPHey Everyone,
Please see update on our daily chart idea that we have been tracking for a while with the updated retracement and swing range.
Previously after completing 2725 target, we stated that we had a candle body close above 2725, opening 2760. Although ema5 is lagging on this chart but we still also got the ema5 cross and lock to further confirm this target.
- This was hit last week completing this target!!!
We now have a candle body close above 2760 for a continuation above with a gap open to 2797, but no ema5 lock, which would further confirm this. Failure to complete this gap will see price test the retracement range for bounces and a further lock below the retracement range 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.
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
WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on our weekly chart idea that we have been tracking and trading over the last 4 weeks.
Last week we stated that we had a candle body above 2729 leaving long range gap open to 2856 and Ema5 lock will further confirm this long range target.
- We got a nice push up, which we took using our smaller timeframes but the gap remains open and we are yet to see the ema5 lock to further confirm this.
We will also be keeping in mind the channel top for long range corrections, which is likely to provide support like we stated before, if tested at all.
As stated before if the channel top continues to provide support then we will track the movement up, confirmed with ema5 cross and lock or candle body close.
However, if we continue to see tests on the channel top and then get a break inside the channel, then we will track the movement down, inline with our plans to buy dips, 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 is in the bullish direction after correcting the supportHello 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: Dual Impact of NFP and Geopolitical RisksGood morning, everyone!
Yesterday’s intense market fluctuations made fortunes for some and losses for others overnight.
As time progresses, we see clearly on the 30-minute chart that MA60 has shifted downward from around 2770 to 2760, while the primary uptrend support has moved up from 2730 to approximately 2740. This suggests that, under MA60 resistance, gold might retrace to test support near 2740.
Meanwhile, the upcoming Non-Farm Payroll (NFP) and unemployment data will be key drivers for gold’s direction. And don’t overlook another major factor: a potential response from Iran, which could bolster gold’s safe-haven demand.
After reading this, do you feel more clear on your trading strategy? If not, feel free to read it again, or reach out to me—I’m here to help clarify and refine your approach!
Gold Out LookPreviously from few weeks we were bullish over gold and still if we follow the major trend from monthly to weekly to Daily we are still bullish over the pair but from last week the pair has shown us a new ATH and done a retracment downwards now its has reached between 23.8 to 38.2 retracment level now as the price action is followed it will follow the bear trend from 4H to 1H to lower time frames and go towards price level of 2716 and then if bears will push it more down and price breaks the support level on 2716 it will be seen in 2698 level of support which is 50% of fibbonaci retracement level and then we can a see a upward rally
GEOPOLITICAL Factor
As we have seen earlier Iran and Israel Tension was on Peak and Investors tried to Invest in Safe heaven and the safe heaven performed well now the tension is weaken a little so that price is going down if some tension increases we will see a Rise in price
AMERICAN Elections
American elections are right on the edge and price 5th November is a crucial date and the coming week will be a busy week for safe heaven banks and big player so we will be watching price closely if we observe any bullish price action pattern we will be buying safe heaven otherwise we will enjoy the bearish move
fingers crossed next week will be very busy and crucial for the future of Bulls and bears
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the chart today, buying dips inline with our plans from yesterday and our updates on this chart throughout the week.
Yesterday we stated after completing all our targets that we were seeing price back in the range on both 1H and 4H chart and therefore the levels and our cross and lock weighted levels are active once again.
We also stated that price was testing the retracement range Goldturn 2737 and we will likely see a reaction here. This played out perfectly with the retracement range providing the support for the bounce into 2760 inline with our plans to buy dips
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
Gold Price Outlook: Key Insights for Next Weeks Trading DecisionAs we head into the new week, gold prices remain resilient, fueled by heightened Middle East tensions and U.S. election uncertainty that keeps investors seeking safe-haven assets. Despite dollar strength and recent rate cuts by the Federal Reserve, gold has surged over 32% this year, reflecting sustained demand in the face of global instability.
In this analysis, we cover critical areas for buyers and sellers alike, focusing on structural patterns, market psychology, and potential trade opportunities you won’t want to miss. Whether you're watching the price action or setting up entry points, these insights will equip you with a clear roadmap for the week ahead.
Will gold continue its strong performance, or could a new catalyst shift the trend?
📌 Stay tuned as we navigate the next big moves in the Gold market!
#goldprice #goldtrading #investing #commodities #marketanalysis #tradingstrategy #goldforecast #geopolitics #election2024 #safehaven #financialmarkets #forex #daytrading #swingtrading #middleeast #usdollar #economicuncertainty📺🔔💼
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.
11.1 Gold shock awaits non-agricultureJudging from Wednesday's ADP, non-farm payrolls on Friday should also maintain good growth. The same is true for the initial clearing last night. The sharp retracement before the data is basically the early digestion of the data.
1. The price broke the morning starting point before the US market and rebounded at 6-8 o'clock. This pattern must not have fallen much.
We have been emphasizing this point of view to everyone recently: Don't buy more twice when gold retreats in the US market. After the increase is too large, it is easy to fall by a large margin. Double bottoms, 618, and other positions are not caught, and there is no rebound.
But compared with yesterday's empty, it is the rhythm. Continuous failures and no operating mentality are easy to form. If you can't get started when you see it right, and you can't hold back and get started, it's wrong.
2. The morning is still a cyclical rise.
Intraday analysis:
1. A sharp drop in the rise, the first day is still a bull correction, which has been seen countless times before.
2. The continuous sharp drop breaks the bottom, which changes the short-term bull direction.
3. There will be non-agricultural data tonight. Before the non-agricultural data, the overall market should not change much.
4. If the bearish outlook continues, the rebound in the morning is focused on the European session. If the European session continues to rebound, the US session will inevitably fluctuate. If the market is weak, the European session will retreat first.
At present, it is obviously the top of the hourly big Yin line at 2757, because this position breaks the position of the decline and rebound at 382. And there is no high point of correction in the early morning, so it can only be arranged at the top of the big Yin line.
At the same time, the non-agricultural data is divided into two parts:
1. Look at the second retracement before the non-agricultural data.
2. Whether the non-agricultural data can continue the decline of yesterday depends on the data. Last month, it was 254,000, and this time it is expected to be only 11.3. Whether it is from the initial claims or from ADP, it is impossible to be lower than 11.3. It can only be high. How high it is depends on the data performance.
Therefore, the worst non-agricultural data is also bad for gold. It just depends on how bad it is. For example, ADP rebounds first and then falls, or it retreats directly.
As long as the data is higher than 150,000, the pullback is also empty, but no matter what, the European session is very critical. The European session continues to rebound and is strong. The US session fluctuates, but the European session is weak, and the probability of breaking the bottom is high.
GOLD Analysis | Intraday Chart ForecastGold prices rise in early European trade after sliding in the previous session, with investors awaiting U.S. payrolls data for more insights on the Federal Reserve's next policy move. Futures trade 0.5% higher at $2,764.00 a troy ounce following a 2% fall on profit-taking and increasing bets that the U.S. central bank will take a more cautious approach to rate cuts in the months ahead. "The fact that the core PCE rose the most on a monthly basis since April--along with strong spending and robust growth data released earlier this week--trimmed the Fed cut bets," Swissquote Bank's Ipek Ozkardeskaya says in a note. Still, prices continue to be supported by strong demand for safe-haven assets due to heightened geopolitical risks in the Middle East and uncertainty around the U.S. election.
🔴 TECHNICAL ANALYSIS
-------------------------------
That said, Gold failed the bullish impulsive structure triggering a bearish leg that pushed the price directly to the potential support area around 2732. If Gold manages to hold this area (already touched once), we do not exclude an irregular wave B, with a potential new Top in wave 5. If our impulsive structure had not failed, above the 2,800 area it would have been interesting to try to sell Gold (see chart/analysis below). That said, let's take one step at a time, and therefore our focus will be on the support area, for now.
📊 POTENTIAL SELL TRADE
-----------------------------------
Thanks for watching & support.
Bears are strong, follow the trendGold fell sharply on Thursday, and the current price fell below the previous low. The key is whether it can continue today. Today is the first day of the monthly line change, and the amplitude space is large. The probability of covering this month is very high. The four-hour rebounded at the lower track support, breaking the bottom as a whole. It is currently in a weak rebound, and the overall situation is short!
Gold fell sharply in the NY market yesterday, and the daily high fell and covered. Gold still has downward momentum after the rebound. Gold in the Asian session continues to be short, and plans to be around 2758! The rebound is to give a better opportunity to short. Today's non-agricultural data, gold shorts will continue to exert their strength, and we will remain cautious in trading.
The 1-hour moving average of gold has begun to turn downward. If the 1-hour moving average of gold forms a dead cross downward, then the downward space of gold will continue to open up.
Trading strategy:
2727~2758 range sell high and buy low. But exit the market before the release of NFP data, and wait for the market to stabilize before trading
XAUUSD CHARTING EXAMPLEThis is just an example to help people get comfortable in setting up the lines for market prediction and a practice run.
Market pullback potential 2729.00 and then retracement back to 2800.00 before seeing all time high of 3000.00
Cap Detectors:
SHAWN
AMILIA
KLO
ANN
Sahara
Martina
Janelle
XAUUSD (GOLD) BUY ANALYSIS 4HRS TIMEFRAMEHello trader what do you think about Gold? Here on Gold price forming uptrend and has reached a certain level of resistance and is likely to continue falling till it reach at around level of support zone 2758.45 after then trader can now enter for LONG and target profit around resistance level of 2788.89 . Remember to like and share your thought on comment!
GOLD 4H CHART MARKET UPDATEHey Everyone,
Another great day on the chart for us today with price rejection on the final range after hitting all our targets. As shared yesterday we don't like chasing targets all the way to the top on a new range and safer to buy dips and that's what we have been doing,
Today once again we were able to use our 1H chart levels to buy 30 to 40 pip dips from our strategic levels even against todays trend. That's the power of our chart setups!!
We now have a gap left on the top of the range and seeing price reject into the 4H chart retracement range. We expect a reaction here for a bounce or a cross and lock below this range will see the swing range.
We are now also seeing price back in the range on both 1H and 4H chart and therefore the levels and our cross and lock weighted levels are active once again, for us to track and trade the movement.
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
2760 (EMA5 LOCK ABOVE 2737 WILL FURTHER CONFIRM THIS) - DONE
POTENTIALLY 2779 - DONE
EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET
2797
POTENTIALLY 2814
BEARISH TARGETS
2737 - DONE
2715
EMA5 CROSS AND LOCK BELOW 2715 WILL OPEN THE SWING RANGE
SWING RANGE
2693 - 2669
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 Sell GOLD HAS REACHED AN ALLTIME HIGH OF 2790.
Before this happened gold created a false head and shoulders pattern with a head at 2758 and a neckline at 2717. If gold breaks through 2717 expect a sell to 2700 and 2665 to complete the head and shoulders pattern. And if any downward movement continues as expected, I will give new targets.
I went short Gold at 2735.83. It just happended....!
I really was not on the front foot to Short gold or silver so early in the week, it just happened because a report came in on tradingview news that the middle east situation is contained more so than open war-fare and the Gold chart was begging to be shorted because there was no buying and the gold-ghost was taking a break resting under a moving average. Sorry buddy, your shorted!
Will see how it goes. Not sure what economic news is on today in the USA but I will soon find out.
Other Long trades I am on include GBPUSD, GBPCAD is looking to really break out in the Monday sessions and I am also Short on AUDUSD which I think is starting to become in-the-money. Have a good trading day and remember 'greed normally means losing money not making it'. Chris
XAUUSD: Wait for a drop before rising, target 2800Yesterday, Wednesday, the United States released the October "small non-farm" data. The ADP employment in October recorded 233,000, the largest increase since July 2023. These figures are contrary to expectations of economic slowdown after the Boeing employee strike in October and the two brutal hurricanes and attacks on the US East Coast ports.
The subsequent release of the US third quarter real GDP annualized growth rate recorded 2.8%, lower than the expected and previous value of 3%. Consumer spending, which accounts for the largest share of economic activity, increased by 3.7%, the largest increase since the beginning of 2023. At the same time, data from the US Bureau of Economic Analysis showed that the initial value of the annualized quarterly rate of the core PCE price index in the third quarter of the United States rose by 2.2%, roughly in line with the Fed's goals.
Spot gold continued to hit a record high, hitting the $2,790 mark during the day, but failed to get above this level.
From the current point of view, 2,790 is very likely not the high point of gold, but the risk of retracement also needs to be considered.
Therefore, we can't blindly be bullish, but need to wait for a retracement before considering buying
Is now the best time to short gold prices?I don't think so. I believe you have read the article I posted yesterday. If not, read it again.
Is the accuracy of the fast trading strategy amazing? Indeed. This is the strength of the fast trading strategy analysis team.
At present, the values mentioned yesterday have been fully achieved today. Today, I led all members to go long on gold prices again to expand profits. There are about 9 profitable orders. You can refer to the fast trading strategy grouping
Tomorrow's trading direction: Check above to see if the position of 2786 can be successfully broken through. If not, you can refer to the opportunity to sell above 2786 and buy near 2770 tomorrow. If it breaks through, then 2800 points is not far away. At present, there is no major news to promote it. Focus on the initial jobless claims data on Thursday night and the release of non-farm data on Friday. This week's time is also very tight. After all, good trading opportunities want to expand profits. Members of the fast trading team are no exception. So I am also busy.
Market analysis for three days this week. The accuracy of the signals is obvious to all. Trading is actually very simple. As long as there is trading funds in the account, everyone can leave me a message. Everyone has equal opportunities. No one wants to be a person who keeps losing money! Everyone agrees, right?
There are only two trading opportunities left this week, and the trading space is still very large. The proportion of making money. The probability of making 70% profit on 100k is more than 95%. The probability of making 100% profit is more than 85%. The above are all cumulative data. People who continue to pay attention know this.
Regarding trading, this is all I will notify you today. If you have any questions, you can leave me a message at any time. I will reply and solve them in time when I see them.