Goldtrading
GOLD ROUTE MAP UPDATEHey Everyone,
A PIPTASTIC finish to the week with our multi timeframe chart analysis hitting targets completing all our chart ideas. We remained committed to the bull and it paid off!!
Yesterday we shared updates on the 1H and 4H chart ideas, with both ideas completed and here we have the daily chart update. This chart has been followed every week for a number of months and we have confirmed the close above 2521 leaving the gap open to 2566 for over two weeks. This was finally completed today, which also had a ema5 lock further confirming the gap before hitting it.
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 thoughts 13-Sept-2024GOOD MORNING Everyone! Please find my Gold market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
High Risk-to-Reward Trading Setup (1:5)My Trading Philosophy:
✨ Simple but Powerful Rules ✨
Strict Risk Management
Disciplined Execution
Focus on Growth
With a 1:5 Risk-to-Reward Ratio, even a few winning trades can double the capital. 📈
Current Setup in Gold:
🔍 I'm currently on the lookout for a 1:5 Trading Setup in gold based on my strategy.
I believe it's forming soon, and in the last 2-3 months, this setup has given me 4 trades—each one profitable. 💰
GOLD 1H AND 4H CHART ROUTE MAP UPDATEHey Everyone,
We totally smashed our 1H and 4H chart ideas today!!!
Eme5 cross and lock above 2517 confirmed 2536 and 2550 on this 4h chart idea, which was completed perfectly. We will now look for ema5b cross and lock above 2550 to open the range above.
Please see our 1H chart idea below;
This chart had ema5 cross and lock above 2523 opening 2534 and 2547, which were both hit perfectly today completing this chart idea.
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
2517 - DONE
EMA5 CROSS AND LOCK ABOVE 2517 WILL OPEN THE FOLLOWING BULLISH TARGET
2536 -DONE
POTENTIALLY 2550 - DONE
BEARISH TARGETS
2493 - DONE
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 h1 Buying and selling opportunities!For tomorrow, the resistance areas are: 2524 and 2521. The support area we're finding on the M30 is at 2507-2505. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have (PPI) news affecting us.
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Our 1H chart is once again representing level to level, inline with our plans to buy dips.
Monday we stated that 2495 support target was hit and we were seeing price bounce off the retracement range to head towards 2506 bullish target.
- This was hit perfectly followed with ema5 cross and lock above 2506 opening 2523, which was also hit perfectly. No further lock above 2523 confirmed the rejection back to 2506 weighted level now turned support, providing the bounce, as per our analysis.
We will now see price play between 2506 and 2523 and will need ema5 lock to confirm breakout or fadeouts
We will continue with our plans to buy dips and keep note of any unfilled gaps below, which helps us plan to buy dips accordingly.
However, as always each of our weighted levels gave the 30 to 40 pip bounces, as analysed and played out perfectly!
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
2506 - DONE
EMA5 CROSS AND LOCK ABOVE 2506 WILL OPEN THE FOLLOWING BULLISH TARGET
2523 - DONE
EMA5 CROSS AND LOCK ABOVE 2523 WILL OPEN THE FOLLOWING BULLISH TARGET
2535
POTENTIALLY 2547
BEARISH TARGETS
2495 - DONE
EMA5 CROSS AND LOCK BELOW 2495 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2482
EMA5 CROSS AND LOCK BELOW 2482 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 (XAUUSD): Potential Scenarios Ahead of CPI
Ahead of US CPI data, Gold is stuck on a key daily resistance
based on the current All Time High.
Depending on the reaction of the price to the news, I see 2 potential scenarios.
Bullish Scenario
If the price breaks and closes above the resistance of the range on a daily,
a bullish continuation will be anticipated at least to 2550 level.
Bearish Scenario
The price has retraced from the underlined blue daily resistance
and is currently testing an intraday horizontal support.
If the market breaks and closes below that on a 4H, we can anticipate
a bearish continuation at least to 2508.
Patiently wait for the release of the news and then follow the market.
❤️Please, support my work with like, thank you!❤️
XAUUSD H1 Time Frame Analysis.Greetings, traders! 🕰️
Here's a comprehensive analysis for the XAU/USD (Gold) pair on the H1 (Hourly) timeframe. We've identified three potential sell zones that could offer lucrative trading opportunities. Please review the levels and targets outlined below:
🔍 Sell Zones:
Zone 1: $2506.50 - This level has demonstrated resistance in previous price actions, making it a key area to watch for potential sell signals.
Zone 2: $2519.30 - A slightly higher resistance level that could act as a strong barrier. Be attentive to price behavior around this point.
Zone 3:
🚀 Targets:
Target A: $2485 - A significant support level where price could potentially find a bounce or show signs of a reversal. Monitor for any price action signals around this level.
Target B: $2473 - A deeper target where further downside potential could materialize. This level provides an extended profit-taking opportunity if the bearish trend continues.
📈 Risk Management:
Ensure to set appropriate stop-loss levels to protect your capital. Consider placing stop-loss orders just above the identified sell zones to manage risk effectively.
Adjust your position sizes based on your risk tolerance and trading strategy to maintain a balanced risk-to-reward ratio.
📉 Additional Notes:
Keep an eye on market news and economic events that could impact Gold prices. Volatility can significantly influence price movements, so stay informed and ready to adjust your strategy as needed.
Happy trading and may your trades be profitable! 🌟
Feel free to ask any questions or share your thoughts below.
Gold thoughts 10-Sept-2024GOOD MORNING Everyone! Please find my Gold market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
XAUUSD Top-down analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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 between two weighted levels. We have 2506 Goldturn resistance and 2495, as Goldturn support.
We currently have a gap above on market open at 2506 and below at 2495 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
2506
EMA5 CROSS AND LOCK ABOVE 2506 WILL OPEN THE FOLLOWING BULLISH TARGET
2523
EMA5 CROSS AND LOCK ABOVE 2523 WILL OPEN THE FOLLOWING BULLISH TARGET
2535
POTENTIALLY 2547
BEARISH TARGETS
2495
EMA5 CROSS AND LOCK BELOW 2495 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2482
EMA5 CROSS AND LOCK BELOW 2482 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 2517 Goldturn resistance and we have 2493, as Goldturn support.
We currently have a gap open above at 2517 and below at 2493 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
2517
EMA5 CROSS AND LOCK ABOVE 2517 WILL OPEN THE FOLLOWING BULLISH TARGET
2536
POTENTIALLY 2550
BEARISH TARGETS
2493
EMA5 CROSS AND LOCK BELOW 2493 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.
Same as last week, we still have the candle body close above 2521 for the gap to 2566. We would need Ema5 lock to further confirm and strengthen this gap. Currently ema5 is playing just under it and we will continue to observe and update this.
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 had the same again with a candle body close above 2505 again leaving a gap to 2557. We also stated that we need to keep in mind that we have a ema5 detachment below highlighted on the chart with a circle for a possible correction area.
- This played out perfectly by providing the correctional touch below on the highlighted area with a circle and then the bounce, which is also inline with the channel top support for the bounce just like we said.
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 (XAUUSD): Support and Resistance Analysis For Next Week
Here is my latest structure analysis for Gold for next week.
Resistance 1: 2525 - 2531 area
Support 1: 2471 - 2484 area
Support 2: 2432 - 2447 area
Support 3: 2353 - 2381 area
The price is now stuck within a horizontal range based on Resistance 1 and Support 1.
Consolidation may continue, and we may see one more bullish movement to its upper boundary.
Alternatively, a breakout of one of the boundaries of the range will indicate the future direction of the market.
❤️Please, support my work with like, thank you!❤️
GOLD MARKET UPDATEHey Everyone,
A fantastic finish to the week with our final target completed today!!
Yesterday after completing 2509; we had a cross and lock opening 2524 and it fell short by a few pips, which we highlighted on the chart yesterday with a circle.
- And BOOOOOM!!! TODAY WE HIT OUR 2524 TARGET!!!
There wasn't enough momentum for the extended 2535, which is why we always call that a "potential" if momentum allows.
BULLISH TARGET
2509 - DONE
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2524 - DONE
2535 - POTENTIAL
BEARISH TARGETS
2498 - DONE
EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484 - DONE
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 (DONE) - 2461
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 (XAUUSD): Important Decision Ahead
The release of the today's fundamentals is favorable for bulls in the Gold market.
The price is now testing the resistance cluster based on the current All Time High.
As always, our strategy is to wait for is bullish breakout.
A daily candle close above that will confirm a violation.
A bullish movement to 2550 will be expected then.
❤️Please, support my work with like, thank you!❤️
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the charts today with our analysis playing out in true level to level fashion.
Yesterday we stated that we were now looking for a 2498 weighted resistance re-test and a cross and lock above this level will re-open the range above.
- This played out perfectly, as we got the 2498 target hit followed with the cross and lock confirmation for 2509, which was also hit perfectly!!
We now also have 2509 cross and lock opening 2524, which gave a nice capture and fell just just short of a few pips and will now be keeping this mind.
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 - DONE
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2524
2535
BEARISH TARGETS
2498 - DONE
EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484 - DONE
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 (DONE) - 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
Golden Hunt with ICT Strategy: Perfect XAU/USD Analysis in the 1Hey everyone! Today, I’m excited to share a fascinating analysis of the XAU/USD pair in the 1-hour timeframe using the ICT strategy. I’ve added a free indicator to the chart that not only identifies swing points but also beautifully connects them with lines. This indicator even marks the days of the week, Fair Value Gaps (FVGs), and includes a 20-period EMA. It’s truly an amazing tool!
What’s more, it has features for displaying Kill Zones, sessions, and Silver Bullet, but I’ve turned those off for now to keep the focus on the essentials.
As you can see, Break of Structure (BOS) points are clearly marked, and I’ve highlighted the areas where the market structure has shifted. Notice how sometimes strong swing highs or lows are "hunted" by a shadow that pierces through, leading to a sharp bearish move afterward. The indicator highlights most of these hunts in red, helping us better anticipate market movements.
For entering trades, I used a simple tool to highlight green zones on the chart. I employed Fibonacci retracement levels of 61.8%, 70.5%, 79%, and 50% to pinpoint key entry areas. Additionally, using a custom method based on standard deviation, I marked potential future price zones with dotted lines.
In summary, this analysis combines advanced ICT techniques with practical tools to give you a clearer view of gold’s movements. I hope these insights help you achieve more successful trades! ✨