GOLD 4H CHART ROUTE MAP UPDATE Hey Everyone,
Another productive session on the charts, with our strategy of buying dips delivering solid results once again.
This is a follow up on our 4-hour chart setup. The week began with our initial bearish targets being achieved, each confirmed by decisive candle body closures. Additionally, momentum conditions allowed for EMA5 lock confirmations at key levels, reinforcing the validity of the moves.
Today, price action tested the secondary swing range following a confirmed break and EMA5 lock below the primary swing zone. This led to a clean retracement and a reaction from the secondary swing range, with price covering the full range of the swing, a strong technical sign of structure respecting prior levels.
Looking ahead, we are closely monitoring for one of two scenarios:
1. Primary swing range completion – If price continues its upward momentum and completes the move back to the primary range, this could set the stage for a potential breakout.
2. Rejection at current zone – Should price fail to reclaim the primary swing range, we anticipate a retest of the lower Goldturn zones as support. A successful hold and bounce from this level would reinforce the broader range dynamics and offer renewed long opportunities.
We'll remain reactive to price structure and momentum alignment, especially in relation to key support/resistance levels.
Mr Gold
GOLDVIEWFX
Goldtrading
GOLD DAILY CHART ROUTE MAP UPDATEHey Everyone,
This daily chart idea played out exactly as analysed. The channel top provided strong resistance, with EMA5 failing to cross and lock outside the channel confirming the rejection.
Price then moved down to the channel half line, which, as we anticipated, held firmly as support and delivered the expected bounce. This move aligned perfectly with our plan to buy dips, demonstrating once again the precision of the Goldturn channel methodology.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
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 surges as bulls return!The 4-hour level bottom has seen a three-yang Kaitai pattern, which is a strong bullish signal. At present, the K-line has broken through the middle track with three consecutive big yangs, driving the 5-day moving average to turn upward. The short-term trend is bullish. Today's market is expected to continue with the bulls, and it will hit the upper track of the Bollinger Band at 3280. If the Bollinger Band opens upward, it is expected to fill the gap at 3325. The 1-hour level K-line relies on the 5-day moving average to support continuous positive growth, and the Bollinger Band opens upward and diverges. The moving averages are arranged in a bullish pattern, indicating that the current market is in a strong position. However, the MACD red column shows signs of shrinking volume, and there may be a correction in the short term. In the short term, it is necessary to hold the 10-day moving average at 3220 to support more. The target is 3265-3282 and 3292 to gradually fill the gap. In the medium term, continue to hold long orders near 3120 for spot gold and 730 for physical gold.
Fed policy expectations reverse gold's fateThe gold market is relatively strong, but the MACD red column is shrinking, and there may be a short-term correction. In terms of operation, you can go long if you hold the 10-day moving average of 3220. In summary, it is recommended to go long on the short-term correction of gold today, pay attention to the resistance of 3260-3280 on the top, and the support of 3200-3190 on the bottom.
Gold is recommended to go long in the 3200-3195 area, stop loss at 3187, target at 3220-3240
XAUUSD Hits FVG in Premium Zone — Bearish Setup in Play!📉 XAUUSD (Gold) has just tapped into a key Fair Value Gap (FVG) after a clean, impulsive rally — now we’re watching for Smart Money distribution and a potential reversal from this high-risk premium area.
📊 Chart Insights:
✅ Price retraced into the FVG zone between $3,225 – $3,240
✅ This zone aligns with the 79% Fibonacci retracement, making it a premium zone for shorts
✅ Market structure shows previous bearish impulse → this could be a retracement before continuation
✅ Current PA is reacting to the imbalance left on the drop
✅ Massive downside potential to rebalance price near $3,120
🧠 Smart Money Confluence:
FVGs are often rebalanced after price trades away impulsively
The retrace into this inefficient pricing zone is classic Smart Money mitigation
Price now sits in an area where institutions may look to offload long positions
📍 Potential Play:
Short Entry Zone: $3,225 – $3,240
Targets:
TP1: $3,200
TP2: $3,170 (mid-level liquidity)
TP3: $3,120 (full FVG fill and higher TF draw)
Invalidation: Clean break and hold above $3,240
💡 Pro Tip:
Watch for a lower timeframe structure shift (15m/5m) or confirmation candle to stack entries. The market loves to sweep highs before the real move begins — patience pays. 🧠💰
📈 This setup offers 3:1+ RR and aligns with Smart Money’s tendency to sell into imbalance and hunt liquidity below.
💬 Comment “Gold Setup” if you’re trading this one!
🔁 Share or save if you're watching for the drop.
Gold Updates - XAUUSD May 15 ahead of news🔥 XAUUSD MARKET OUTLOOK – MAY 15, 2025
🧠 MACRO CONTEXT – CHAOS COOKING AT GMT+3
Today is a high-impact fundamental day with U.S. Unemployment Claims and Powell’s speech at 15:30. After CPI surprised to the downside yesterday, the market is recalibrating fast. Gold dropped aggressively into discount zones, but no clean structural reversal is confirmed.
This is a textbook trap environment. Expect:
– Fakeouts before confirmation
– Aggressive sweeps around equilibrium
– Delayed real moves until after NY volatility settles
No guessing. No chasing. Structure only.
📉 STRUCTURAL BIAS – MULTI-TF OUTLOOK
Daily Bias: Bearish – No BOS reclaim. Market remains under macro OBs.
4H Bias: Bearish – BOS confirmed below 3220. Price now reacting at lower OBs.
1H Bias: Neutral – Price is consolidating after tapping demand. No clean shift yet.
Conclusion: No bullish confirmation across major timeframes. Every bounce is suspect unless proven otherwise.
📍 GOLDMINDSFX REACTIVE ZONE MAP
🟢 DISCOUNT ZONES (For Confirmed Longs Only):
– 3120-3130 → Current active OB – reacting but unconfirmed
– 3100-3110 → Sweep + OB + EMA100 area
– 3050-3065 → Deep macro demand. Only valid on structural breakdown
🔴 PREMIUM ZONES (Watch for Trap Rejections):
– 3140–3155 → Internal breaker block – possible trap
– 3175–3190 → 1H supply zone + FVG – key reversal zone
– 3235–3255 → Premium OB – only valid post-news spike
🎯 STRATEGIC OUTLOOK
If price reclaims and holds 3176 → short-term structure may shift bullish
If 3110 is swept with CHoCH → buyers may attempt recovery
During news – we do nothing. Wait for confirmation, not confusion.
🔒 FINAL NOTE
Today is about reactive precision, not predictive bias.
Let Gold show its hand — then act. The second move is the real one.
“Structure is the setup. News is the trap.” 🎯
Patience is your profit today.
Drop a 🚀 Follow, comment, and share with your trading crew — if this helps your trading; let’s build a sharp Gold team
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
The golden high diving reversed again!Today's support below is maintained at the integer level of 3200. Once this position continues to break in the European session, it will be possible to confirm the falling mode and it is very likely to set a new low. The pressure above is maintained near the previous high of 3212 in the European session. The previous high in the European session is very likely to suppress the European session again. If the European session continues to set new lows, the US session is likely to continue to fall. At present, we have two operating ideas. The ideal point is to wait for gold to continue to rebound and short around 3202-05, with the target at 3180-3150. After breaking 3150, you can continue to rebound and short. On the whole, Jin Shengfu recommends rebounding and shorting as the main strategy, and callbacks and long positions as the auxiliary strategy. The short-term focus on the upper side is the 3202-3212 resistance line, and the short-term focus on the lower side is the 31120-3110 support line.
"XAU/USD Bearish Structure Developing Below Resistance"Gold price showed a sharp upward movement but faced resistance near the 3212–3220 zone. After forming a lower high, the structure appears to be setting up for a potential downside move.
The market seems to be respecting a descending channel and if the current resistance holds, we could see further continuation toward the 3120–3122 support area. Volume spike during the drop also indicates possible seller strength.
This is an educational analysis based on price structure and market behavior.
Feel free to share your thoughts or give a boost if it aligns with your view.
🔍 Key Points:
Resistance Area: ~3212–3220
Current Price Reaction: Forming lower highs
Target Zone: 3120–3122 (support)
Pattern: Bearish flag or channel
Volume: Increased on downside move – shows selling pressure
Gold Bullish Outlook - Gold BullishFollowing strong buying momentum observed yesterday, gold is currently consolidating within a falling wedge pattern — a typically bullish setup. A breakout from this pattern could trigger a fresh upward move in the price of gold.
Post-Breakout Bullish Targets:
Target 1: 3230
Target 2: 3240
Target 3: 3250
Target 4: 3275
Disclaimer: This is a technical analysis-based outlook. Please assess your risk-to-reward ratio and follow your individual trading strategy. This is not financial advice — trade responsibly and according to your plan.
XAUUSD Bearish Setup: Retracement Trap Before the Next Sell-Off?🚨 Gold (XAUUSD) is showing signs of a classic Smart Money retracement trap!
If you're trading gold this week, this is the kind of setup that separates the retail guessers from the Smart Money followers.
📉 The Setup Breakdown (30m Chart):
After a violent sell-off, XAUUSD found temporary support near $3,168, marking a key liquidity zone.
Current price is rebounding, but not randomly — it's heading straight toward the 50% - 61.8% Fibonacci retracement zone, which aligns perfectly with previous imbalance.
📍 Supply Zone (Red Box):
The red area marks a likely Smart Money sell zone — between $3,207 and $3,219.
This zone aligns with the 50% - 61.8% retracement and broken structure area — a classic point for redistribution.
🧠 What Smart Money Might Be Doing:
They're not buying this bounce — they’re setting the trap.
Price is retracing into a premium zone, tempting late buyers, while institutions prepare to re-enter shorts.
📉 Bearish Confluence:
The down-sloping channel supports the current bearish momentum.
Any rejection from the red zone could be the start of another impulsive leg down toward $3,170, then $3,168 and possibly lower.
🎯 Key Target Zones:
TP1: $3,170 — minor liquidity shelf
TP2: $3,168 — Fibonacci 0% level and key support
TP3 (extension): Below $3,160 if structure breaks aggressively
⚠️ Risk Management Strategy:
Entry near $3,207–$3,219
SL just above $3,219 for safety
RR on this play is highly favorable, but only if price respects the supply zone
⚡ Execution Plan:
Wait for bearish signs inside the red zone (engulfing candles, momentum shift)
Avoid early entries — Smart Money often pushes a few pips beyond equilibrium before reversing
Manage trade in segments, partial out at TP1 and trail stop into deeper targets
🧠 Pro Trader Tip:
This is not a breakout play — it’s a liquidity engineering setup.
Smart Money thrives on fake reversals, and this current bounce could be one of them. Watch the supply zone reaction closely.
✅ Comment "GOLD SETUP" if you’re watching this play unfold
✅ Save this analysis to sharpen your Smart Money trading edge
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Here’s the latest follow-up on our weekly chart setup and as anticipated, it’s playing out as analysed with the test into the top of our Goldturn Ascending Channel and rejection.
Price tested the upper boundary but failed to secure a sustained breakout. The EMA5 did not cross and lock outside the channel, signaling a lack of confirmation for bullish continuation. Instead, the top of the channel acted as a clean resistance zone, resulting in a firm rejection.
We are now seeing price pull back toward our identified support zones at 3281 and 3189, of which price can slowly align with the channel’s midline with either price finding support here, or we look for it to gradually sync up with the half-line of the channel for structural support.
As always, patience and precision are key. We'll continue using the 1H and 4H timeframes to buy dips on retracements into these support zones, targeting clean 30–40 pip moves. These levels and pullbacks offer ideal opportunities, especially in ranging conditions where our Goldturn method truly shines.
This is exactly why we rely on our Goldturn Channels, our proprietary system built on weighted averages. It filters the noise, helps us spot real breakouts vs. fake-outs, and gives us the confidence to act with clarity and discipline.
Thanks again for all the support, your likes, comments and follows.
MR GOLD
GOLDVIEWFX
Best GOLD XAUUSD Psychological Levels Indicator on TradingView
There is one free technical indicator that will show you every significant psychological level on Gold XAUUSD chart.
It is available on TradingView and it is very easy to set.
Discover the best psychological support and resistance indicator for Gold trading , its settings and useful tips.
First, let's discuss the significance of psychological levels in GOLD XAUUSD analysis and trading.
The classic way of the search of significant supports and resistance is based on the analysis of a historic price action.
However, while Gold constantly sets new historic highs such a method does not work, because there are no historic resistances to rely on.
In such a situation, the only reliable strategy to find potentially strong resistances is to analyze psychological levels.
Psychological levels are the round numbers based price levels. Because of the common human psychological biases, these levels attract the interest of the market participants and the prices tend to react to them.
A great example of a psychological level in Gold trading is 3000 level.
It served as a resistance first and after a breakout turned into an important support.
And I found a free technical indicator that plots all the significant psychological levels efficiently.
One more thing to note is that I strictly recommend searching for psychological levels on a daily time frame, because it provides the most relevant perspective.
To use this indicator, search "round" in indicators wind ow.
It is called "Round numbers above and below".
Click on that and it will start working immediately.
You can see that the indicator plotted 3 significant psychological resistances above current prices and 3 supports below on Gold chat.
In the settings of the indicator, you can change the number of levels to identify and change the style of the horizontal lines.
Examine the reaction of the price to psychological supports that the indicator shows. These levels may remain significant in futures and applied for pullback/breakout trading.
With a crazy bullish rally that we contemplate on Gold this year, psychological levels will be the most reliable technical analysis tools for the identification of future bearish reversals and corrections.
This free technical indicator on TradingView will help you in search of the strongest ones.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD (XAUUSD): Detailed Technical Outlook & Trading Plan
As we discussed on the yesterday's live stream,
Gold is currently in a consolidation stage.
The price is stuck within a wide horizontal channel on a daily
and we see a test of its support at the moment.
With the absence of high impact news in the economic calendar,
I assume that a consolidation will continue and there is a high
chance to see a pullback.
Your confirmation signal will be a bullish breakout and a 4H candle close
above 3271 - upper boundary of the intraday horizontal range.
There will be a strong possibility of a rise to at least to 3320 level.
Alternatively, a bearish violation of a support of the range on a daily
and a daily candle close below that may trigger a further decline.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Updates - XAUUSD May 14 Wednesday🧠 XAUUSD – Market Outlook & Tactical Watchlist (May 14)
GoldMindsFX Chart Update
📉 Bias:
Still bearish on H1–H4. Price structure remains heavy, with compression beneath resistance and weak bullish rejections off demand.
Momentum is stuck between hopeful dips and unforgiving supply.
🧭 Macro Context:
CPI data yesterday gave the market a good shake, but instead of confirming a breakout, Gold has slumped back into a sideways liquidity trap. Every little spike gets slapped down.
Translation? We’re in "mess around and find out" territory.
No clean direction until one of the extremes gets swept with volume and confirmation.
🔎 Zones to Watch – Tactical Map (Wide Ranges Only)
📌 3247–3265
➡️ This is a key compression zone. It was tested overnight and rejected. If price returns here and stalls, watch for signs of absorption. If it rips through → next target is higher (but we don’t chase).
📌 3280–3295
➡️ Untested shelf above CPI drop. Premium supply area that might magnet price — but only if we break clean above 3265.
📌 3205–3180
➡️ Broader demand basin. Price is bouncing here but without real commitment. Still valid for reactive watch — but bulls have no real control.
📌 Below 3174
➡️ The vault. This is the final flush zone. If Gold loses all composure and dives, this is where serious interest may return. No front-running.
⚠️ Notes on Structure:
Price is stuck inside a liquidity funnel between 3235 and 3220.
Rejection wicks = traps. Don’t engage unless structure shifts.
No BOS = No boss. We don’t serve chop.
📸 Summary for the Chart Watchers:
We are inside mid-support territory, but nothing is confirmed yet.
Bulls need to break above 3247 and hold it.
Bears want to crack below 3200 with aggression.
Until then, this is a staring contest between imbalance and indecision.
🧠 Final Note
The zone is never the trade.
The behavior inside is.
Drop a 🚀 Follow, comment, and share with your trading crew — if this helps your trading; let’s build a sharp Gold team
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
GOLD ROUTE MAP UPDATEHey Everyone,
After completing the bearish targets yesterday, confirmed by the EMA-5 cross and lock, we continued to buy dips. We noted that the swing range was active, but the full swing hadn't played out yet.
Today, that full swing completed, reaching 3254, marking a perfect move within the expected range.
Now, the price is likely to fluctuate between 3233/3201lower Goldturns and 3254 as the upper Goldturn.
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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3341
EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGETS
3372
EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET
3414
EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET
3447
EMA5 CROSS AND LOCK ABOVE 3447 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGETS
3502
POTENTIALLY 3525
BEARISH TARGETS
3307 - DONE
EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE RETRACEMENT RANGE
3281 - DONE
3254 - DONE
EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE SWING RNGE (SWING ACTION COMPLETE)
3233 - DONE
3201
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
XAU/USD Forming Higher Lows – Eyes on Breakout Zone
Gold is showing signs of bullish momentum after rebounding from key support near 3,207. If price sustains above this level and breaks 3,265 resistance, a potential upside continuation could be expected. Monitoring for confirmation of trend reversal.
Gold’s Showdown: Bulls vs. Bears at the Make or Break Level🚀 Gold on the Edge: Breakout or Fakeout?
Alright, gather around, folks. Gold’s approaching that ⚔️ Make or Break Level, and this is where things get spicy. It’s like watching two fighters square up—you know something big is about to happen.
💡 Why This Level Matters
We’re at the spot where bulls and bears are throwing shade and maybe a few punches. This level isn’t just another line on the chart; it’s the VIP zone where momentum either takes off or taps out.
Right now, we’re leaning bullish—especially if Gold punches through and holds above this zone. We’re looking for a breakout that could take us toward 3,380, maybe even 3,420 if the party keeps going.
But… if the bears win this round and push back, we’re eyeing 3,288 as a second chance for buyers. Think of it as a rebound opportunity—if Gold stabilizes there, it could still be game on for the bulls.
📝 Our Playbook:
Breakout confirmed? Ride the momentum.
Fakeout rejection? Watch for buys at 3,288—a possible second chance for the bulls.
Stay sharp and react—no hero moves. We’re letting the price action decide.
Your thoughts? Bullish or bearish on Gold at this level? 🐂🐻
GOLD ROUTE MAP UPDATEHey Everyone,
Strong start to the week for our chart setup. Despite initial bearish momentum, price action aligned well with our dip buying strategy.
The session began with the bearish target at 3307 being achieved, triggering a key price reaction. This was followed by a ema5 cross and lock, confirming the activation of the retracement zone, which was also tested and respected with precision. We have now observed a confirmed breakout from the retracement range, opening the swing range. This move delivered our textbook swing bounce, again supporting our dip buying strategy.
The full extent of the swing range remains active, indicating continued opportunity for strategic dip entries while the range structure holds.
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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3341
EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGETS
3372
EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET
3414
EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET
3447
EMA5 CROSS AND LOCK ABOVE 3447 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGETS
3502
POTENTIALLY 3525
BEARISH TARGETS
3307 - DONE
EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE RETRACEMENT RANGE
3281 - DONE
3254 - DONE
EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE SWING RNGE
3233 - DONE
3201
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 UPDATE & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3344 and a gap below at 3297. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual.
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 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
3344
EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET
3394
EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET
3438
EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET
3486
BEARISH TARGETS
3297
EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE
SWING RANGE
3236 - 3176
EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGE
SWING RANGE
3088 - 3046
EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3130 - 3078
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 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3341 and a gap below at 3307. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3341
EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGETS
3372
EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET
3414
EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET
3447
EMA5 CROSS AND LOCK ABOVE 3447 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGETS
3502
BEARISH TARGETS
3307
EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE RETRACEMENT RANGE
3281
3254
EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE SWING RNGE
3233
3201
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 DAILY CHART ROUTE MAP UPDATEHey Everyone,
After completing our previous daily chart idea, we’ve now updated and identified a new Goldturn ascending channel on this updated chart.
Price had temporarily broken above the upper boundary of the channel; however, the EMA5 remains within the channel, indicating that this may be a false breakout rather than a confirmed move higher.
The 3433 resistance level was tested, aligning with our prior axis target. While price did reach this level, it failed to close above it, resulting in only a wick rejection. For a confirmed bullish continuation, we need to see a clear candle close above 3433, accompanied by the EMA5 crossing and holding above the channel boundary.
Further confirmation would come from a successful retest and hold above the channel, establishing new support at higher levels.
At present, 3433 remains key resistance, while 3272 acts as support. In the short term, we may observe sideways consolidation, with price potentially gravitating toward the midline of the ascending channel half line, which could act as dynamic swing support.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings.
Thank you all again for your continued likes, comments, and follows, we truly appreciate your support!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Here’s the latest update on our weekly chart setup, which has continued to play out in line with our previous projections.
Recently, price broke above the upper boundary of our Goldturn Ascending Channel a proprietary channelling method designed for greater precision and reduced noise. However, the EMA5 remains within the channel, suggesting the breakout lacks confirmation. For a true continuation to the upside, we’ll need to see the EMA5 close and hold above the channel boundary, which would validate a structural shift in trend strength.
At the moment, price is hovering above the channel, showing signs of support and minor bullish bounces. However, until the EMA5 exits and stabilizes outside the channel, we treat this move with caution.
Price is currently testing the upper channel resistance, a critical decision point on the weekly timeframe. The 3482 level remains key resistance, having previously been rejected via upper wick with no candle body close above. On the downside, 3281 and 3189 are the primary support levels to monitor, both of which align with the channel's midline, a potential zone for consolidation or swing support if price moves sideways and gradually ascends.
In summary, while early bullish momentum is visible, full confirmation of trend continuation requires alignment between price action and the EMA5 behaviour relative to the channel structure.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings.
Thanks again for all your likes, comments, and follows, we really appreciate the support!
Mr Gold
GoldViewFX