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 3655 and a gap below at 3615. 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 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
3655
EMA5 CROSS AND LOCK ABOVE 3655 WILL OPEN THE FOLLOWING BULLISH TARGETS
3696
EMA5 CROSS AND LOCK ABOVE 3696 WILL OPEN THE FOLLOWING BULLISH TARGET
3738
BEARISH TARGETS
3615
EMA5 CROSS AND LOCK BELOW 3615 WILL OPEN THE FOLLOWING BEARISH TARGET
3583
EMA5 CROSS AND LOCK BELOW 3583 WILL OPEN THE FOLLOWING BEARISH TARGET
3545
EMA5 CROSS AND LOCK BELOW 3545 WILL OPEN THE FOLLOWING BEARISH TARGET
3509
EMA5 CROSS AND LOCK BELOW 3509 WILL OPEN THE SWING RANGE
3458
3409
EMA5 CROSS AND LOCK BELOW 3409 WILL OPEN THE SECONDARY SWING RANGE
3360
3320
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
Goldtrading
GOLD DAILY CHART ROUTE MAPDaily Chart Update
3564 Target Hit, Fresh Gap at 3683 & Breakout Confirmation
As projected in our previous update, the 3564 target has now been reached perfectly following EMA5 lock confirmation above 3433. This milestone completes the initial breakout structure and validates the bullish momentum sequence laid out earlier.
With 3564 achieved, price action has now opened a long-range gap toward 3683. The EMA5 cross and lock above 3564 provides strong continuation evidence, but we must now monitor whether support can be sustained above the channel top. A successful hold here will confirm continuation higher; however, a break back within the channel would classify this as a fake breakout attempt.
Current Outlook
🔹 3564 Target Reached
Upside momentum played out as expected, with EMA5 lock above 3433 providing early confirmation. The move delivered a clean hit of the 3564 target zone.
🔹 Next Objective – 3683
Momentum now extends toward 3683, with EMA5 lock above 3564 giving weight to this projection. Sustaining price above the channel top remains crucial to validating the next leg higher.
🔹 Breakout Validation Needed
Continuation depends on maintaining support above channel resistance. Failure to hold here risks invalidating the breakout and shifting price back into the prior range.
Updated Key Levels
📉 Support – 3272 (pivotal floor)
📉 Short-Term Supports – 3433 & 3564
📈 Resistance / Next Upside Objective – 3683
Thanks as always for your continued support,
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPWeekly Chart Update
3659 Target Achieved, Rejection at 3659 & now Range Play Between Key Levels
As projected, price delivered into the 3659 target after securing a weekly body close above 3576, just as anticipated. This completed the next upside step in sequence.
However, despite momentum into 3659, we did not see a candle body close and EMA5 lock above this level. The lack of confirmation left a rejection in place, establishing 3659 as firm resistance while 3576 now acts as immediate support. Price action is currently playing within this range, and a decisive break above or below will determine the next directional move.
Current Outlook
🔹 3659 Target Achieved
The weekly structure unfolded exactly as expected, with the 3576 breakout leading to a clean push into 3659.
🔹 Rejection at 3659
No body close above 3659 leaves this level as strong resistance for now. Without lock confirmation, bullish continuation into 3732 remains unconfirmed.
🔹 Range Play Between 3659 & 3576
We now look for a confirmed break above 3659 to unlock 3732, or a breakdown below 3576 that would risk pulling price back into the prior channel range.
Updated Levels to Watch
📉 Support – 3576 & 3482
Key floors for maintaining bullish structure. A break back below 3576 puts 3482 in play as the next test.
📈 Resistance – 3659 / Next Objective 3732
3659 remains the ceiling. A sustained close above here opens 3732 as the next target zone.
Plan
Price is consolidating between 3659 resistance and 3576 support. The next move depends on which boundary breaks:
Above 3659: Unlocks 3732 with bullish continuation.
Below 3576: Signals rejection and risks a deeper correction into 3482.
Thanks as always for your support,
Mr Gold
GoldViewFX
Best Lot Size for Gold Trading (XAUUSD) Explained
If you trade Gold with fix lot, I prepared for you a simple manual how to calculate the best lot size for your XAUUSD trading account.
Step 1
Find at least the last 10 trades that you took on Gold.
Step 2
Measure stop losses of all these trades in pips
Step 3
Find the trade with the biggest stop loss
In our example, the biggest stop loss is 680 pips
Step 4
Open position size calculator for XAUUSD
Step 5
Input your account size, 1,5% as the risk ratio.
In "stop loss in pips" field, write down the pip value of your biggest stop loss - 680 pips in our example.
Press, calculate.
For our example, the best lot size for Gold will be 0.22.
The idea is that your maximum loss should not exceed 1,5% of your account balance, while the average loss will be around 1%.
❤️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 ROUTE MAP UPDATEHey Everyone,
This is the 1H chart route map we tracked this week and it played out beautifully once again.
We got the expected play between 3613 and 3638, followed by a break above 3638 which re-opened the range to the upside. That move gave the strong push up we were looking for, just short of 3658.
Importantly, 3638 flipped into support and continued to provide precision bounces exactly in line with our dip-buying plans. A great finish to the week and a clear demonstration of how our levels consistently deliver structure and tradeable opportunities.
To recap:
3613 → 3638 gave the initial range.
The break and hold above 3638 confirmed upside continuation.
Price pushed toward 3658, with dips to 3638 giving repeated buy opportunities.
We will now come back Sunday with a full multi timeframe analysis to prepare for next week’s setups, including updated views on the higher timeframes, EMA5 alignments, and structure expectations going forward.
Thanks again for all your likes, comments, and follows.
Wishing you all a fantastic weekend!!
Mr Gold
GoldViewFX
XAUUSD buy again at 3638.08Previous daily price was a stong rejection from this lower price with a long wick candle forming today price started to move again back to the upside with rejection from the support. As weekly close coming, we may see another test of the daily support and may continue with a bullish channel formation.
3638.08 level is one area can look for bullish trade setup for this potential uptrending move in the market.
A pullback is an opportunity, go long decisively!Yesterday, the technical analysis of gold first declined and then rose. It was suppressed below the 3650 mark during the Asian and European sessions and showed a continuous decline. It further accelerated its decline before the European and US sessions, breaking through the 3630 mark, and continued to decline to around 3613 to stabilize and rebound. It rebounded strongly during the US session and finally closed above the 3630 mark with a small negative fluctuation. The overall price still held the 3610 mark, forming a support and stabilization pattern. After the opening of today, gold once again rose and broke through the 3640 mark. In the short term, it has experienced continuous retracements to test the 3610 mark support, which is still valid. The long position at the daily level is continuing well, and it is expected to further impact the previous high of 3675 resistance area. Today, the short-term support below is around 3630-3620, and the important support is 3610. If it falls back to this position during the day, the main bullish trend will remain unchanged. The short-term bullish strong dividing line is 3600. If the daily level stabilizes above this position, the rhythm of falling back to low and long and following the trend will continue. The specific execution plan of the counter-trend short order will be updated as soon as possible according to the real-time trend, and I will remind everyone to respond flexibly to ensure that every step of the operation is carried out under controllable risks. Remember to pay attention in time.
Gold operation strategy: Go long when gold falls back to around 3630-3620, with the target at 3650-3660. Continue to hold if it breaks through.
GOLD TRADE SETUP CHECK NOW📉 GOLD TRADE SETUP – CHECK NOW
🔑 Potential Entry Zone: 3640 – 3635
❌ Stop Loss (Invalidation Level): 3630
🎯 Target Levels:
✔️ TP1 – 3655
✔️ TP2 – 3666
✔️ TP3 – 3778
💡 This is my personal market outlook based on chart structure & price action. Always apply proper risk management.
⚠️ Disclaimer: This is not financial advice. Content is shared for educational and informational purposes only.
XAUUSD – CPI Today: Liquidity Sweep Scenario & Trading Plan📊 Market View
Gold (XAUUSD) is sliding under short-term resistance (descending trendline), showing sellers are still in control short-term. On the M30 chart, buy-side liquidity levels are clearly stacked: 3,624 → 3,612 → 3,599 → 3,586.
👉 During the European session, expect a breakdown liquidity sweep toward these support zones before any bullish reaction.
📈 CPI View – US Session
Soft CPI (below expectations) → Weaker USD, lower yields → Gold may bounce strongly from 3,612 / 3,599 / 3,586 and retest trendline/resistance.
Hot CPI (above expectations) → Stronger USD, higher yields → Gold may break 3,612, sweep deeper to 3,599 or 3,586, then recover.
⚠️ High risk of news traps: the first reaction can reverse quickly. Wait for retests + confirmation candles before entering.
🔑 Key Levels
Dynamic Resistance (trendline): 3,643 – 3,646
React Zone FIB: 3,650 – 3,654
OBS Sell Zone: 3,665
Support/Liquidity Zones:
3,624.36 (key zone support BUY)
3,612.60 (CP/React FIB)
3,599.31 (BUY ZONE)
3,586.49 (END LIQUIDITY – BUY ZONE)
📌 Trading Plan
🔴 SELL ZONE: 3,646 – 3,648
SL: 3,652
TP: 3,640 → 3,635 → 3,630 → 3,620 → 3,610 → ???
🔵 BUY SCALP: 3,612 – 3,610
SL: 3,605
TP: 3,616 → 3,620 → 3,625 → 3,630 → ???
🔵 BUY ZONE (Primary): 3,600 – 3,598
SL: 3,592
TP: 3,605 → 3,610 → 3,615 → 3,620 → 3,630 → 3,640 → ???
Backup BUY: (if liquidity sweep deepens) 3,58x
Hard SL: 3,578
❗ If 3,578 breaks, don’t rush to re-buy—CPI volatility can extend moves further.
⚠️ Notes & Risk
Reduce position size around the CPI release.
Always wait for confirmation (pin bar / engulfing / retest) before entering.
Use staggered TPs to lock in profits early.
An M30 close above 3,654 invalidates near-term shorts and opens 3,665.
✅ Summary
Gold could sweep liquidity into the buy zones before bouncing. Trade the reaction: SELL at 3,646–48 on rejection, BUY at 3,612/3,600 on clean bounce, and reserve backup BUY at 3,58x with tight risk.
👉 Follow MMFLOW TRADING for real-time updates and BIGWIN setups during CPI volatility.
GOLD ROUTE MAP UPDATEHey Everyone,
This is the 1H chart route map we tracked this week - played out beautifully to completion.
After hitting 3658, we saw no further EMA5 cross and lock, which led to the rejection. As expected, the lower Goldturns acted as support, giving us the planned dip-buying opportunities.
First, 3638 held as support with multiple bounces.
Then we got a cross-and-lock break below 3638, which opened 3613.
That target was hit and provided a support bounce back into 3638 today.
Right now, price action is playing between 3613 and 3638. An EMA5 cross and lock at either level will determine 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.
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
Pay attention to the low-buying opportunities above 3630.Gold ultimately broke through the trendline, breaking out of its current high near 3657. During the European trading session, it fluctuated upward between 3648 and 3640. Therefore, if the price doesn't retreat below 3630 before the European session, the probability of an upward breakout will increase in this volatile upward trend. Therefore, the European session's lowest retracement near 3640 is a key bullish target for a second leg higher.
Gold operation suggestion: go long around 3640-3630, target at 3660-3675.
XAUUSD – PPI Ahead: Key Liquidity Levels & Trading Plan🚀 MMFLOW TRADING
Market View:
After yesterday’s sharp drop where sellers dominated the liquidity zone, gold (XAUUSD) is now recovering from 362x → 364x during the Asian session. In the short term, price may range between 362x–365x in Asia/Europe before going sideways to await the PPI release in the US session.
Today’s PPI is expected at 0.3% vs 0.9% previous, signalling cooling inflation. However, actual data could surprise higher – often creating a “news trap”. From a technical view, gold may need to revisit 360x liquidity before resuming its uptrend ahead of CPI & the upcoming FED meeting.
👉 In short: Structure remains bullish, but short-term liquidity sweeps are likely before any continuation move.
Key Levels:
Resistance: 3647 – 3654 – 3665 – 3674 – 3704
Support: 3635 – 3613 – 3600 – 3586
Trading Plan:
🔵 BUY Zone: 3600 – 3598
SL: 3592 (or tighter at 3580)
TP: 3605 → 3610 → 3615 → 3620 → 3630 → 3640 → 3650+
🔴 SELL Zone: 3703 – 3705
SL: 3710
TP: 3698 → 3694 → 3690 → 3680 → 3670 → 3660+
Summary:
✅ Gold remains in an uptrend, but may retest 360x liquidity before heading higher.
✅ PPI today & CPI tomorrow could act as a “news trap” – caution is required.
👉 Watch the key levels and follow MMFLOW TRADING for real-time updates & BIGWIN setups!
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPWeekly Chart Update
Please see update on our weekly chart idea.
Sunday we stated that we had the weekly body close above the channel top at 3576 and now opened the door to the larger 3659 long-term gap target.
- this target is now complete
We will now look for a close above 3659 for a continuation or failure to lock will follow with a rejection into lower levels for support.
🔹 Range Support Levels
3576 and 3482 now act as layered support levels to keep the bullish case intact within this range.
Updated Levels to Watch
📉 Support – 3482 & 3576
Key supports for this new range. Holding above 3576 strengthens the case for continuation toward 3659. A failure back below 3576 puts 3482 into play as the next defensive level.
📈 Resistance – 3732
This becomes the next upside objective if structure holds above 3659.
Thanks as always for your support,
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
This is a follow up update on our 4H chart idea that we shared Sunday stating that we still had the final gap in the range left.
EMA5 cross and cross and lock above 3561 left 3615 open.
- This target was hit this week now completing our 4H chart idea.
Keep an eye out for our NEW 4H chart idea with updated levels and route map.
BULLISH TARGET
3424 - DONE
EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGETS
3499 - DONE
EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561 - DONE
EMA5 CROSS AND LOCK ABOVE 3561 WILL OPEN THE FOLLOWING BULLISH TARGET
3615 - 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 - Caution ahead of US PPI report | Priority on Sell setups🟡 XAU/USD – 10/09 | Captain Vincent ⚓
🔎 Captain’s Log – Market Context
US 10-year bond yields rebound, signaling the market is awaiting key inflation data.
At 07:30, US PPI report will be released – a crucial figure that could strongly influence FED rate expectations.
Investors are also eyeing US CPI in the coming days to assess the inflation outlook.
The US Supreme Court accepted Trump’s appeal, but this news has not yet had a notable impact on Gold.
⏩ Captain’s Summary: Ahead of inflation data, Gold often tends to correct lower due to cautious sentiment.
📈 Captain’s Chart – Technical Analysis
Storm Breaker (Key Resistance):
Bearish OB: 3654 – 3660 (short-term upper cap)
ATH Watchtower: 3700 – 3702 (Sell Zone – possible new ATH test)
Golden Harbor (Strong Support):
Buy Zone: 3601 – 3602
OB Dock: 3582 – 3585
Currently, price is around 3640 – 3645, after a technical rebound from support. High probability that Gold will retest nearby resistance before a downward correction.
🎯 Captain’s Map – Trade Scenarios
⚡ Quick Boarding (SELL – Daily Priority)
Entry 1: 3654 – 3660
SL: 3668
TP: 3654 → 3650 → 3618 → 3610
Entry 2 – ATH Test: 3701 – 3703
SL: 3711
TP: 3688 → 3675 → 3665 → 365x
✅ Golden Harbor (BUY – Only at deep support)
Buy Zone: 3601 – 3603
SL: 3592
TP: 3610 → 3620 → 3630
⚓ Captain’s Note
“The golden ship faces turbulent seas today as it sails near Storm Breaker 🌊 (3654 – 3660) . Before the fierce winds called US PPI , sailors should prioritize dropping anchor with short-term SELL positions at resistance. Golden Harbor 🏝️ (3601 – 3603) remains a safe haven below, but only when the ship corrects deeply should it dock. On this voyage, Quick Boarding 🚤 is for scalp maneuvers, while the main current is still steered by the stormy waves of inflation.”
How to correctly grasp the gold trading opportunities?Yesterday, the technical side of gold rose first and then fell. The overall gold price continued to rise strongly in the Asian and European sessions, and finally fell back in the U.S. session and fell into repeated fluctuations, and finally closed near 3628. The daily K-line closed at a high and then fell back and fluctuated in the middle. Yesterday, I kept notifying everyone that the technical side needed to retrace and not to be overly bullish on gold. Now everything is perfectly in line with expectations. Friends who follow me can see it. Today we continue to treat it with the idea of going long on retracements. After all, I believe that the trend has not reversed, and going long on retracements is still the general trend. Today, we will first focus on the short-term support at 3620-3610 below, and continue to go long if it retraces and does not break. If you encounter troubles in your current gold operations and want to make your investment journey more stable and avoid detours, please feel free to communicate with us at any time!
From the 4-hour level, today's short-term support for gold will focus on the 3620-3610 area, and the 3600 mark is the core dividing line between the strength of the bulls. If it retraces and stabilizes above this position during the day, the overall bullish thinking will remain unchanged. The main tone is still to go long on the retracement. At the daily level, as long as gold stabilizes above 3600, the low-long thinking will be sustainable. As for the counter-trend short positions, specific reminders will be given according to the pressure on the market at high levels. Brothers just need to pay attention to the bottom in time.
Gold operation strategy: Go long on gold when it retraces to around 3620-3610, target 3650-3660, and continue to hold if it breaks through.
Goldman lays out the case for $5,000 gold – here’s how it happenGoldman Sachs has warned that gold prices could surge to $5000/oz if the Trump administration succeeds in undermining the independence of the U.S. Federal Reserve.
A politicized Fed is seen as likely to cut rates extremely aggressively (Treasury Secretory Scott Bessent and Trump have called for an interest rate of 1.5% and 1.0%, respectively) to stimulate short-term growth, raising the risk of higher inflation.
Such a move could drive investors away from traditional safe havens like the U.S. dollar and government bonds. In a report released this week, Goldman noted that if just 1% of the privately held U.S. Treasury market shifted into gold, prices could rise by about 40% from current levels.
GOLD ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the charts for us with our 1H chart playing out as analysed with our final target completed today.
After completing 3593, 3613 and then 3638, we stated that we would now look for ema5 cross and lock above 3638 to open 3658. We got the lock and confirmation followed with the target hit - PERFECTION!!
We are now seeing rejection on this level and will use the lower Goldturns for support and bounce. If the range above opens further please review our daily chart and weekly chart updates with higher range levels to continue to track the movement until we update a new 1h chart.
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
3593 - DONE
EMA5 CROSS AND LOCK ABOVE 3593 WILL OPEN THE FOLLOWING BULLISH TARGETS
3613 - DONE
EMA5 CROSS AND LOCK ABOVE 3613 WILL OPEN THE FOLLOWING BULLISH TARGET
3638 - DONE
EMA5 CROSS AND LOCK ABOVE 3638 WILL OPEN THE FOLLOWING BULLISH TARGET
3658 - DONE
BEARISH TARGETS
3562
EMA5 CROSS AND LOCK BELOW 3562 WILL OPEN THE FOLLOWING BEARISH TARGET
3528
EMA5 CROSS AND LOCK BELOW 3528 WILL OPEN THE SWING RANGE
3492
3470
EMA5 CROSS AND LOCK BELOW 3470 WILL OPEN THE SECONDARY SWING RANGE
3438
3408
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD – M30 Intraday Trading Plan | MMFLOW TRADINGMarket Pulse:
The US jobs report confirmed a clear slowdown in labour market growth. According to CME FedWatch, there is now an 88% probability the Fed cuts rates by 0.25% in September, and 12% for a 0.5% cut. Lower rates reduce the opportunity cost of holding gold – fuelling demand further.
Gold has already gained 38% YTD, after rising 27% in 2024. A weaker USD, aggressive central bank accumulation (led by China, which extended purchases for the 10th consecutive month in August), loose monetary policy, and rising global uncertainty continue to build a solid base for this bullish trend.
👉 Bottom line: Macro flows + liquidity both favour the BUY side.
Technical View (M30):
Price is respecting the ascending channel, printing higher lows.
3616–3596 is the structural support; only a breakdown here shifts the trend.
Liquidity clusters sit at 3653–3655 and 3675–3677, likely to trigger short-term SELL reactions before the broader uptrend resumes.
Execution Plan (Today):
🔵 BUY ZONE: 3618 – 3616
SL: 3610
TP: 3624 → 3630 → 3635 → 3640 → 3650 → 3660 → 3670+
🔵 BUY ZONE: 3598 – 3596
SL: 3590
TP: 3602 → 3606 → 3610 → 3615 → 3620 → 3630 → 3640 → 3650+
🔴 SELL ZONE: 3653 – 3655
SL: 3660
TP: 3648 → 3644 → 3640 → 3635 → 3630 → 3620
🔴 SELL ZONE: 3675 – 3677
SL: 3681
TP: 3670 → 3665 → 3660 → 3650 → 3640
Summary:
✅ Bigger picture: Bullish trend intact – look for buys off liquidity support zones.
⚡ Short-term: take quick SELLs around liquidity resistance for intraday setups.
👉 Follow MMFLOW TRADING for precision plans: BUY with structure, SELL with liquidity.
XAU/USD Analysis: 3 Reasons Why Gold’s Rally Might PauseXAU/USD Analysis: 3 Reasons Why Gold’s Rally Might Pause
Today’s XAU/USD chart shows that gold continues to set records in September. The price has risen above $3,650 per ounce for the first time in history – one of the main drivers being expectations of a Federal Reserve rate cut on Wednesday, 17 September.
Easier monetary policy is generally seen as boosting gold’s appeal – this has pushed XAU/USD nearly 6% higher since the start of September. However, the chart highlights three reasons why further upside may be limited.
Technical Analysis of the XAU/USD Chart
1. Long-term channel:
Over the course of 2025, gold price movements have formed an ascending channel (shown in blue), and today XAU/USD is trading close to its median line. This is where supply and demand typically balance out. Buyers may consider the post-September rally overstretched, while sellers could view the all-time high as an opportunity to take profits.
2. Rectangle pattern target reached:
The range between $3,250 and $3,440 that developed mid-year can be interpreted as a rectangle pattern. Following the bullish breakout, the implied target of $3,630 has already been achieved.
3. RSI signals risk:
The RSI indicator is close to forming a bearish divergence.
Given the steep angle of the orange support line, a correction – for example, towards the psychological level of $3,550 – might occur.
In summary, gold’s upward momentum may start to slow. At the same time, given the market’s inertia, traders may have little reason to expect a decisive shift away from bullish dominance. Still, next Wednesday could bring surprises.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GOLD TRADE SETUP CHECK NOW📉 GOLD TRADE IDEA (XAUUSD)
🔎 Based on technical analysis, I’m watching this buy zone:
Potential Entry Zone: 3,634 – 3,628
Invalidation Level (Stop Loss): 3,627
Target Zones (TPs):
✔️ TP1 – 3,643
✔️ TP2 – 3,654
✔️ TP3 – 3,667
💡 This is just my personal view based on chart structure & price action. Always manage risk properly.
⚠️ Disclaimer: This is not financial advice. For educational and informational purposes only.
#GoldAnalysis #XAUUSD #PriceAction #TradeIdea
GOLD 1H CHART ROUTE MAP UPDATE Hey Everyone,
Great start to the week with our 1h chart idea playing out, as analysed.
We started with our Bullish target hit at 3593 followed with ema5 cross and lock opening 3613, which was hit perfectly. We then got a further ema5 cross and lock above 3613 opening 3638, also completed today - beautiful!!
We will now look for ema5 cross and lock above 3638 to open the range above or failure to lock above here 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
3593 - DONE
EMA5 CROSS AND LOCK ABOVE 3593 WILL OPEN THE FOLLOWING BULLISH TARGETS
3613 - DONE
EMA5 CROSS AND LOCK ABOVE 3613 WILL OPEN THE FOLLOWING BULLISH TARGET
3638 - DONE
EMA5 CROSS AND LOCK ABOVE 3638 WILL OPEN THE FOLLOWING BULLISH TARGET
3658
BEARISH TARGETS
3562
EMA5 CROSS AND LOCK BELOW 3562 WILL OPEN THE FOLLOWING BEARISH TARGET
3528
EMA5 CROSS AND LOCK BELOW 3528 WILL OPEN THE SWING RANGE
3492
3470
EMA5 CROSS AND LOCK BELOW 3470 WILL OPEN THE SECONDARY SWING RANGE
3438
3408
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): Updated Support & Resistance Analysis
As a bull run continues on Gold,
here is my updated support and resistance analysis.
Resistance 1: 3645 - 3655 area based on 3650 psychological level
Resistance 2: 3695 - 3705 are based on 3700 psychological level
Support 1: 3559 - 3580 area
Support 2: 3511 - 3520 area
Support 3: 3489 - 3500 area
The price is now heading toward Resistance 1.
It looks like it will be reached soon.
❤️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.