GOLD ROUTE MAP UPDATEHey Everyone,
Another awesome day on the charts with our analysis and levels playing out perfectly.
Yesterday we completed 3653 and 3678, confirmed by the EMA5 lock. After that, we got an EMA5 lock above 3678, which opened up 3702 and it hit right on the nose. Pure perfection.
It’s incredible to see our levels showing this kind of accuracy without any historical data.
Right now, we’re seeing a rejection and some play between 3678 and 3702. We’ll need the EMA5 lock again to confirm the next direction.
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 20 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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3653 - DONE
EMA5 CROSS AND LOCK ABOVE 3653 WILL OPEN THE FOLLOWING BULLISH TARGETS
3678 - DONE
EMA5 CROSS AND LOCK ABOVE 3678 WILL OPEN THE FOLLOWING BULLISH TARGET
3702 - DONE
EMA5 CROSS AND LOCK ABOVE 3702 WILL OPEN THE FOLLOWING BULLISH TARGET
3727
EMA5 CROSS AND LOCK ABOVE 3727 WILL OPEN THE FOLLOWING BULLISH TARGET
3747
EMA5 CROSS AND LOCK ABOVE 3747 WILL OPEN THE FOLLOWING BULLISH TARGET
3768
BEARISH TARGETS
3622
EMA5 CROSS AND LOCK BELOW 3622 WILL OPEN THE FOLLOWING BEARISH TARGET
3585
EMA5 CROSS AND LOCK BELOW 3585 WILL OPEN THE SWING RANGE
3556
3528
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
Goldprediction
The opportunity is right in front of you, don’t miss it!Yesterday, the technical analysis of gold showed a rapid downward retreat in the Asian session, breaking through the 3630 mark and stabilizing and rebounding. It fluctuated and consolidated around the 3630 mark in the European and US sessions, and finally ushered in a strong rise by bulls. The price of gold accelerated to break through and stand above the 3670 mark to set a new historical high. The gold bulls rose as expected, and there are still new highs above, so we are patiently waiting for gold to continue to rise. When it falls back, we will continue to look for opportunities to enter the market and go long. Yesterday, we responded flexibly around the key points, and made precise arrangements with two-way thinking to achieve a double kill of long and short, a steady harvest, and perfectly reach our goals. Today we continue to wait for further declines. After all, all indicators are bullish. Don’t guess the top if the bulls are strong. If the Federal Reserve’s interest rate decision is on Thursday, then the line around 3700 will also be within reach. At present, don’t blindly chase the longs above the 3680 line. If your current trading is not ideal, I hope I can help you avoid investment pitfalls. Welcome to communicate with us!
From the 4-hour analysis, the support below is around 3670-3360. If it pulls back to this position, the main bullish trend will remain unchanged. The short-term bullish strong dividing line is 3650. As long as the daily closing level does not fall below this position, any pullback is an opportunity to go long, and the main tone of participating in the trend will remain unchanged. I will provide you with the specific operation strategies at the bottom, please pay attention to them in time.
Gold operation strategy: Go long when gold falls back to around 3675-3360, target 3690-3695. If it breaks, look at the 3700 line.
False Break at 3700:Retreating Toward 3680-3670Currently, the highest price of gold has reached around 3699, and it is only one step away from the 3700 mark! I have to say that against the backdrop of significantly increased market expectations for interest rate cuts, the resonance of technical and news factors has pushed up gold prices. The current bullish momentum is strong, and there has been almost no obvious pullback during the rise. At this stage, most of these are tricks played by big funds, and it is actually difficult for retail investors to participate in long transactions. Therefore, at this stage, I will not rush to chase the rise in gold prices.
From an intraday perspective, gold still has the potential to hit the 3700-3710 area, so my latest trading plan is to continue shorting gold near this area. With gold bulls so strong, why I am still optimistic about a gold pullback. The main reason is that the current market is facing a critical time window. The Federal Reserve will announce its interest rate decision tomorrow, but I think the Federal Reserve may announce a 25 basis point interest rate cut in a step-by-step manner, rather than the 50 basis points expected by the market. If the rate falls far short of market expectations, gold could experience a significant pullback or even a crash. However, the sharp rise in gold prices near the Fed's rate decision suggests it may be an attempt to reserve room for further declines. In addition, based on the current trading volume, the small trading volume may not be able to support the continued upward trend of gold. It is for this reason that while I avoid chasing high gold prices, I also always remain optimistic about gold shorts.
Therefore, at this stage, I would consider shorting gold in batches based on market price performance. By effectively raising the average entry price, we can reap the first bite of the pie after gold prices fall.
However, we must note that short-term support for gold currently lies in the 3680-3670 area, with strong structural support below that at 3660-3650. Therefore, in order to lock in profits in time, these two support areas will be our primary target areas for short trading.
In the game between bulls and bears, where will gold go?After a slight pullback yesterday, gold broke through the previous high of 3674 in the US session, reaching a high near 3685. After an intraday correction, it reached a new high in the European session, currently reaching 3699. Since the start of its strong rally, gold has gained nearly $386, almost continuously breaking new highs. Market expectations for bullishness have further intensified, and the current trend remains clearly bullish, with no signs of a significant bearish pullback. Short-term support is closely watched at 3675, a previous high and a short-term dividing line between bulls and bears. If it stabilizes above this level, bulls are expected to regain momentum. The European high and the 3700 mark will become key short-term resistance levels. If it breaks through and stabilizes at 3700, it is expected to continue to rise to test resistance in the 3710-3720 area.
In terms of operational thinking, if gold first rebounds to below 3700 and comes under pressure, you can try to short with a light position, with the target at 3685-3670 area; if it stays at 3700 for a long time, you need to adjust the short position in time, follow the trend and go long, waiting for a new round of upward opportunities.
XAUUSD – Bullish Bias Targeting Buy-Side LiquidityOn the 1H timeframe, my perspective on Gold (XAUUSD) remains bullish, with the main target being the buy-side liquidity above current price.
Price has recently formed a bullish Fair Value Gap (FVG), which may serve as support and a potential launch point for further upside. If price holds here, we could see continuation toward higher levels. For entry, I’ll be waiting for lower timeframe reaction and confirmation.
However, it’s also important to note the sell-side liquidity resting just below the FVG. There is a possibility that price may first sweep this liquidity, tap into the underlying bullish order block, and then begin the upward move.
For this reason, I am watching two key areas:
1️⃣ The current bullish FVG as initial support.
2️⃣ The deeper bullish order block, should liquidity below be cleared.
In both cases, my bias remains bullish, but execution will depend on LTF confirmation at these zones.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
Gold 4H Outlook – Buy the Dip or Fade the Drop?Gold on the 4H timeframe is consolidating below 3,600 after a strong bullish run. Current structure shows price resting near premium levels, with liquidity building both above 3,600 and below 3,530. This suggests engineered sweeps before the next expansion.
________________________________________
📌 Key Structure & Liquidity Zones (4H):
• 🔼 Buy Zone 3,572 – 3,574 (SL 3,565): Fresh demand zone sitting at intraday discount; potential continuation area.
• 🔽 Sell Scalp Zone 3,530 – 3,526 (SL 3,537): Short-term supply/pivot area; scalp opportunity if price rejects.
• 📍 Liquidity Magnet 3,603 – 3,605: Upside imbalance zone likely to be rebalanced.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Zone Reaction
• Entry: 3,572 – 3,574
• Stop Loss: 3,565
• Take Profits:
o TP1: 3,585
o TP2: 3,595
o TP3: 3,605
👉 Demand block aligned with bullish order flow. Look for liquidity sweep and rejection to resume trend.
________________________________________
🔻 Sell Scalp Setup – Short-Term Reaction
• Entry: 3,530 – 3,528
• Stop Loss: 3,537
• Take Profits:
o TP1: 3,520
o TP2: 3,510
o TP3: 3,500
👉 Intraday supply zone and pivot. Best used for quick scalps against trend, targeting downside liquidity.
________________________________________
🔑 Strategy Note
Bias remains bullish overall, but intraday shorts are valid for scalps. The cleaner setup is buying into 3,572–3,574 for continuation toward 3,600+. Smart money may sweep liquidity at 3,530 before reversing higher.
Gold Price Analysis: Sideways Now, Big Move After Fed Rates?Gold (XAU/USD) is currently trading near 3645 levels, consolidating inside a contracting wedge after its recent strong bullish rally. The overall trend remains positive, but momentum has slowed as markets await the upcoming Federal Reserve rate decision on Wednesday, which is expected to bring volatility. If the Fed signals further easing or a dovish stance, gold could attempt another push higher, breaking the 3675 resistance and aiming toward 3700–3730. However, if the Fed maintains a cautious or less dovish tone, profit-taking may accelerate and trigger a pullback.
The key level to watch on the downside is the 3625–3600 support zone; a clear break below this area could open the door toward 3565 and 3531, with deeper correction possible to 3498. Traders should stay cautious and wait for confirmation: a break above 3675 would confirm bullish continuation, while a drop below 3600 would favor short setups targeting lower support levels. Until then, gold remains in a neutral-to-bearish consolidation phase, with the Fed decision likely to provide the breakout trigger.
📊 Trend Analysis
- Overall trend since late August has been strong bullish, but momentum has slowed in the past few sessions.
- Price is now consolidating in a wedge/triangle formation.
- Current price action is sideways-to-bearish within consolidation, indicating possible pullback/reversal setup if support breaks.
- As long as 3675 isn’t broken decisively, risk of retracement remains toward 3565 – 3530 area.
🔑 Key Levels to Watch
- Resistance: 3670 – 3680
- Support: 3625 – 3600
🎯 Trade Setup
- Sell Bias (Short-Term):
- If price fails to break 3645–3650 resistance and breaks below 3625–3600 support zone, it can trigger a sell trade.
- Sell Trigger: Break & close below 3600.
- Targets: 3565 → 3531 → 3498.
👉 Trend Right Now:
Gold is in a short-term consolidation / bearish bias inside the wedge. The major bullish rally has already slowed down, and price is struggling to break above 3645–3650 resistance. Unless gold decisively breaks 3675, the current move looks more like a distribution phase before a pullback.
- So, near-term trend = sideways-to-bearish (towards 3600 → 3565 → 3530)
- Long-term trend = still bullish, as long as price holds above 3530–3498 support.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
“Gold Shines Bright | Bullish Momentum Targeting $3,700🔎 Technical Analysis – XAU/USD (1H Chart)
Trend: Strong bullish trend confirmed, with price making higher highs and higher lows.
Buy Zone: Around 3,590 – 3,600 USD, where buyers stepped in aggressively.
Short-Term Target 🎯: 3,650 – 3,700 USD (already highlighted on chart).
Key Support Levels:
3,561 USD (near-term support)
3,490 USD (major support, bullish structure invalidation if broken)
📌 Outlook: As long as price holds above the buy zone, momentum favors bulls with potential continuation toward 3,700+ USD.
🌍 Fundamental Drivers for Gold Bullishness ✨
Federal Reserve Rate Cuts Expectations 🏦⬇️ – If the Fed signals easing or holds a dovish stance, real yields fall → Gold strengthens.
Weakening US Dollar (DXY) 💵📉 – A softer dollar makes gold more attractive to global investors.
Geopolitical Risks 🌍⚠️ – Rising global tensions increase demand for safe-haven assets like gold.
Central Bank Demand 🏦🔒 – Many central banks are adding gold reserves to hedge against currency risks.
Inflation Hedge 📊🔥 – Gold remains attractive when inflationary pressures stay elevated.
Will gold continue to rise?Brothers, we've been buying gold all the way up from 3350 to 3697. While our take-profit points aren't ideal, the general direction is correct, ensuring we won't be crushed by the market. Trend is king; go with the flow. When you trade with the trend, it feels effortless; when you fight it, everything turns messy.
I know full well that when gold was surging, many of you didn’t dare to chase the rally. There were also friends stuck in losing positions, fixated on articles that called for shorting, while pieces advocating going long were ignored. But here’s a key point: the market won’t change because of your personal emotions.
After days of consecutive consolidation, gold has held firm above the strong support at $3,600. A powerful bull market only requires courage and conviction. The prerequisite for a trend reversal is the breakdown of a key top-bottom conversion level.
The hourly moving average has formed a golden cross and bullish formation, further expanding the upside potential for gold. Gold continues to hit new highs and higher lows, clearly maintaining a bullish trend. However, as the Federal Reserve's monetary policy announcement draws closer, while considering the possibility of "buying in anticipation and selling in reality," and in order to control risk, everyone should exercise caution when chasing high prices. There is no obvious pressure from the top, and we need to pay attention to the recent top and bottom conversion position of 3658-3662. Before falling below this position, the market will remain strong.
Trade cautiously and wait for a pullback to go longGood morning, my friends.
At present, gold continues to rise, and blindly chasing more will definitely lead to huge risks. We originally planned to wait for gold to pull back before going long, but the market did not give us this opportunity.
I didn't let you blindly chase the short positions yesterday. Now, are you glad that you followed my advice and didn't enter the market rashly? I know that after it hit 3675 yesterday, there must have been a lot of people shorting the market. Many brothers even held their positions until today, but found that the market did not give a good retracement point. At this time, it's even more important to avoid being manipulated by emotions and engaging in revenge trading.
In the short term, the prudent approach is still to wait for gold to pull back before going long. In the short term, focus on 3675-3665. If it does not break through the pullback, you can try to go long on gold.
Gold Ready for the Next RallyOver the past few sessions, I’ve observed gold consolidating within a Symmetrical Triangle after a strong bullish move. From my experience, this pattern often represents a “pause for breath” before the market resumes its primary trend.
What caught my attention most is that price has just broken above the upper boundary of the triangle, signaling a clear breakout. That said, I won’t be rushing into a trade. I always prioritize safety, so I’ll wait for price to retest the breakout zone. If the former resistance holds as new support and shows strong rejection, that will be my ideal entry point.
Based on my projection, the upside target for this setup is around 3,720 USD. For risk management, I would place the stoploss either below the lower boundary of the triangle or just under the breakout zone, depending on risk appetite.
On the H2 timeframe, this Symmetrical Triangle setup looks highly reliable since it aligns with the broader bullish trend. If the breakout holds, I believe gold still has plenty of room to climb higher.
Gold hits a new high again, the opportunity to invest has come!Gold's recent performance remains strong, reaching a new all-time high near 3,685, fully demonstrating the dominance of bullish sentiment. Although inflation remains viscous, the market is increasingly confident that the Federal Reserve will cut interest rates this week. Focus is shifting to the extent of the cut and subsequent policy guidance. If the rate cut exceeds expectations, gold may usher in a new round of liquidity-driven gains. If it falls short of expectations, short-term profit-taking may occur, leading to increased volatility.
From a technical perspective, gold has closed higher for several consecutive days, with short-term moving averages aligned in a bullish pattern. The daily and 4-hour charts remain in an upward trend, with the support center continuously shifting upwards. The bullish structure is solid, but the current price is already at a relatively high level. If the upward push fails to break through with significant volume, there is still room for a short-term pullback, and we need to be wary of the possibility of a technical correction. Today's core trading strategy is to primarily buy on dips, supplemented by shorting at high levels. We should participate with the trend and avoid blindly chasing the market. Support below is the 3650-3635 area. If it stabilizes after a pullback, we can arrange long positions in batches, with the initial target around 3680-3685, and then explore the potential for further growth after breaking through the new high. Resistance above is the 3685-3690 area. If the short-term upward push encounters resistance and fails to break through, we can try shorting with a light position, with a stop-loss placed above the resistance level. Enter and exit quickly, and avoid a prolonged battle. The short-term bullish strength and weakness dividing line is the 3630-3620 level. If it breaks below, we should be wary of the risk of a deep pullback.
This week is packed with macroeconomic events, with the Federal Reserve's interest rate decision in particular under scrutiny, potentially amplifying market volatility. We recommend building positions in batches, maintaining strict position management, and setting effective stop-loss and take-profit targets to ensure profit capture while minimizing drawdown risk.
Do you think the Federal Reserve will cut interest rates beyond expectations this time? We welcome your exchange of views. We will also adjust our strategies immediately based on the data to ensure that our trading rhythm keeps pace with the market.
Gold XAUUSD: Anticipating a Retracement for Continuation Long📊 Currently watching Gold (XAUUSD), price has been pushing aggressively higher in a strong bullish trend. However, the market is now reaching into areas of thin liquidity, appearing somewhat overextended.
🔎 I’m anticipating a potential retracement toward the 50% equilibrium level of the previous price swing. Within an ongoing uptrend, the Fibonacci 61.8% retracement often acts as a prime entry zone 🏹 for continuation trades.
⚖️ If price pulls back and establishes support, followed by a bullish break of market structure, that would provide a high-probability opportunity. If the setup fails to materialize, then there’s simply no trade — patience is key.
⚠️ Disclaimer: This is educational analysis only and not financial advice. Always manage risk appropriately.
Gold (XAU/USD) –> Bullish Rectangle Pattern BreakoutHello guys!
💥Gold has been consolidating in a bullish rectangle pattern after a strong upward move. This type of pattern usually signals continuation, with price gearing up for the next leg higher.
🔹 Setup:
The rectangle formed around $3680–$3690 support and resistance near $3689.
A clean breakout above $3689 gives the entry signal for the continuation move.
🔹 Targets:
First target: $3705
Second target: $3724
🔹 Stop Loss:
Below the rectangle support ($3674–$3682) to stay protected against a false breakout.
📌 Conclusion:
The bullish rectangle pattern suggests that Gold is preparing for another push higher. A breakout above 3689 opens the path first to 3705, and then to the extended target at 3724.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Gold hits record highs ahead of FOMC! Tech SetupGold reached fresh all-time highs near $3690 ahead of Wednesday's FOMC meeting. Its rally reflects a perfect storm of Fed dovishness and geopolitical tensions, but technical divergences suggest positioning carefully ahead of Powell's decision. The 100% Fib extension and double divergence setup makes any hawkish surprise particularly dangerous for leveraged longs.
CATALYSTS DRIVING THE RALLY:
Fed rate cut fully priced in (25bps expected, some 50bps speculation)
US-China tensions escalate (Nvidia antitrust accusations)
Stephen Miron confirmed to Fed Board of Governors (dovish member)
Dollar weakness supporting precious metals
Surprising correlation: Nasdaq & S&P 500 also hit records alongside gold
TECHNICAL LEVELS:
Resistance :
$3,700 - Key psychological level
$3,750 - Next major target
$3,800 - Extended upside if dovish
Support :
$3,660 - First support for entries
$3,610 - Major support level
Previous swing lows - Stop loss reference
WARNINGS:
Double divergence on 4H & 1H timeframes
100% Fibonacci extension reached
RSI overbought conditions
Momentum diverging from price action
FOMC SCENARIOS:
Bullish Case : Dovish 25bps + accommodative guidance → Target $3,750-$3,800
Risk Case : Hawkish surprise or even neutral tone → Profit-taking toward $3,600-$3,500
KEY RISKS:
Powell emphasising inflation persistence
Resistance to aggressive cutting cycle
Hawkish dot plot projections
Any break below $3,660 signals deeper correction potential
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Gold 1H – Breakout Liquidity Trap Ahead of ExpansionGold on the 1H timeframe is consolidating near 3,652 after sweeping discount liquidity and reclaiming structure. Price has tapped into the breakout zone and is now positioned between premium scalp supply and higher liquidity pools. The structure suggests engineered plays into 3,656–3,658 or deeper liquidity toward 3,672–3,674 before expansion. Discount demand remains protected at 3,614–3,612.
________________________________________
📌 Key Structure & Liquidity Zones (1H):
• 🔴 SELL ZONE 3,672 – 3,674 (SL 3,679): Premium supply pocket for engineered rejection targeting 3,660 → 3,650 → 3,640.
• 🔴 SELL SCALP 3,656 – 3,658 (SL 3,663): Short-term premium sweep zone for intraday liquidity grabs targeting 3,645 → 3,640.
• 🟢 BUY ZONE 3,614 – 3,612 (SL 3,607): Discount demand block aligned with bullish order flow targeting 3,630 → 3,640 → 3,655.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔻 Sell Setup – Premium Scalp Rejection
• Entry: 3,656 – 3,658
• Stop Loss: 3,663
• Take Profits:
TP1: 3,645
TP2: 3,640
👉 Intraday scalp opportunity if price sweeps into shallow premium liquidity.
🔻 Sell Setup – Deeper Premium Sweep
• Entry: 3,672 – 3,674
• Stop Loss: 3,679
• Take Profits:
TP1: 3,660
TP2: 3,650
TP3: 3,640
👉 Expect engineered sweep into higher premium before reversal.
🔺 Buy Setup – Discount Demand Reaction
• Entry: 3,614 – 3,612
• Stop Loss: 3,607
• Take Profits:
TP1: 3,630
TP2: 3,640
TP3: 3,655
👉 High R:R play if price retraces to protected demand before expansion.
________________________________________
🔑 Strategy Note
Smart money is likely to manipulate both premium and discount zones around the breakout point. Bias favors:
• Scalp sells at 3,656–3,658
• Swing sells at 3,672–3,674
• Discount buys at 3,614–3,612
Risk management is critical — expect liquidity sweeps both sides before real expansion.
Gold Analysis: Falling Wedge Breakout and Bullish ForecastOANDA:XAUUSD The market is clearly forming a falling wedge, and recent price action suggests a potential shift is on the horizon. Price has begun breaking through this downward structure, which could be the early signs of a strong bullish move.
I’m waiting for the price to retrace back to the broken trendline. This will act as a confirmation, filtering out any false moves, while a retest of the structure will solidify the validity of the breakout. From here, my target is 3682.
The key now is to watch the pullback. If the market returns to the trendline with rising volume, it will add weight to the bullish case.
This trendline breakout is more than just a signal – it’s a story in the making. It represents a shift, and with the right volume, structure, and timing, this could be the start of a larger bullish phase.
GOLD - XAUUSD - IDEAS FOR THE DAYTeam, please carefully looking at the GOLD pattern,
it was consolidation range between 3620-3650 before breaking the channel. this is 5 minutes channel
but if you carefully look at 4 hour channel - the range created during 10 APRIL to 25 AUG before break out.
Short term GOLD should pull back toward 3667-65 - if you are short, stop loss at 3685-90
target short term zone at 3667-65
Medium term if you could hold longer within a week, we should expect the pull back toward the 3500-3400 zone - please review 4 hours chart.
LETS GO
Gold XAUUSD Intraday Move 15 Sept 2025Gold continues to show resilience within a bullish structure, and the current setup highlights two potential aggressive buying opportunities. The first lies between 3637–3639, while a deeper retracement toward 3630–3633 also offers an attractive entry point, with both setups well-protected by a stop loss at 3622. These zones align with key demand levels and trendline support, suggesting strong buying interest on dips. Upside targets remain at 3657 initially and extend toward the 3674 region, reflecting a continuation of the broader bullish trend. The reasoning behind this bias stems from both technical and fundamental factors — technically, the market continues to form higher lows, signaling strength, while fundamentally, expectations of potential rate cuts this week could weaken the dollar and further support gold prices. Together, these elements create a favorable environment for buyers, offering strong risk-to-reward opportunities in anticipation of continued bullish momentum.
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our 1H chart idea playing out as analysed.
We started with our Bullish target 3653 being hit, followed with emA5 cross and lock opening 3678 - This was also hit perfectly completing the setup.
We will now look for a ema56 cross and lock above 3678 for a continuation into 3702 or failure to lock above 3678 will follow with a rejection into the lower Goldturns for support and 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 20 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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3653 - DONE
EMA5 CROSS AND LOCK ABOVE 3653 WILL OPEN THE FOLLOWING BULLISH TARGETS
3678 - DONE
EMA5 CROSS AND LOCK ABOVE 3678 WILL OPEN THE FOLLOWING BULLISH TARGET
3702
EMA5 CROSS AND LOCK ABOVE 3702 WILL OPEN THE FOLLOWING BULLISH TARGET
3727
EMA5 CROSS AND LOCK ABOVE 3727 WILL OPEN THE FOLLOWING BULLISH TARGET
3747
EMA5 CROSS AND LOCK ABOVE 3747 WILL OPEN THE FOLLOWING BULLISH TARGET
3768
BEARISH TARGETS
3622
EMA5 CROSS AND LOCK BELOW 3622 WILL OPEN THE FOLLOWING BEARISH TARGET
3585
EMA5 CROSS AND LOCK BELOW 3585 WILL OPEN THE SWING RANGE
3556
3528
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 BULLISH TREND: Possible Buys From 3,640This week, my idea is for gold to continue pushing higher toward the all-time high liquidity. Price has recently broken structure to the upside, which confirms the bullish trend we’ve been seeing.
With this continuation, a new nearby demand zone has formed that I’ll be watching closely. Ideally, I’d like to see a pullback into that point of interest to allow proper accumulation before the next move up.
Confluences for GOLD Buys:
- Structure break to the upside confirms the bullish trend
- Clean, unmitigated 3hr demand zone below
- Higher and lower time frames both showing bullish control
- DXY remains bearish, which supports the bullish bias on gold
- No major news expected to disrupt the move
P.S. If gold respects the ATH and rejects it, breaking below my demand, then I’ll either look for short-term sells or wait for a deeper demand zone.