xstrizle

Hi Everyone i hope your enjoying your weekend and have been catching some good trades recently. What a great year so far. My previous targets i posted all hit with 100% accuracy. The range levels were all respected and played out perfectly. Looking ahead to whats next for gold the range top of 2935 proved to be strong resistance with gold selling off twice from this level so there is a high probability we trace back at least for a mid range test before attempting to go higher again. We can also not rule out returning to the range bottom of 2775 but the reaction to each level will guide us better. Fundamentally and technically gold is still very strong and profit taking should not be mistaken for a huge correction just yet. I do see a dynamic supply zone running almost central to the main trend so we need to keep a eye on where price closes. Plan: Wait for body closes of candles Close and hold above 2894 to continue up. Retest and Reject 2894 to continue down.Nailed it… closed and held above 2894 and we are on the upwards path :) hope you all caught some nice pips…. Push play ;)

The price of gold had a convicting weekly close into the new high time frame range of 2775-2935. With fundamentals currently driving the prices of gold higher and the technical levels achieved it only makes sense for gold to continue its bullish trajectory. Price is strongly moving in an upwards channel. A pullback to 2765-2784 zone to retest this breakout into this new range can bring a great entry point to go long but when analysing previous range breaks can not be guaranteed and price can continue from current levels. Deep corrections are not needed to keep driving the prices of gold higher as clearly seen on my chart. Mid ranges are always magnets and this will be my first area of interest. Good luckAbsolute banger once again with my High Time Frame Ranges, everything is playing out as planned. Hope you are catching some nice moves.Mid range target reached. Still seeing alot of strength here gold broke out above the upwards channel in New York yesterday. Well done bulls2894 next target when price closes above 2854Last week closed above the 2855 mid range level… next target of 2894 is still the objective.Target 2894.50 reached now the goal is to reach range high of 2935Target hitWith the continuation of Trumps Trade War/Tariff chatter gold continues to be a strong safe haven asset. Close and Hold above 2934 then next target will be 2974

Most of you who know me know i have been posting this particular chart for months now and 2775 was always the target of current htf range (wicks above expected). 2775 was reached and price backed away from it for the weekly close. If we look back at previous ranges this could entail a full range retrace back to 2615... first i will be looking for price reaction approx mid range around the 2700 area.2701.37 hit on my broker plan is in action as predicted.Just wanted to post a updated view of the chart as the retracement is playing out as predicted. 2700 area had a minor reaction and prices has continued down.Objective Reached

What an incredible bull run gold has had the past year. Gold has not fallen back into its previous $160 range since November 13th 2023. In saying that Gold is now at the bottom of the HTF range. At such an important level gold would collapse if it was to fall back into the previous range. Stay alert :) On a positive view this could be a retest that sees gold continue from here up to the range high of 2774.Candle ViewThe Ranges continue to hold pattern with no candle closes below into the previous range.Mid range reached on the HTF... 2774 is on track!After some minor profit taking this week gold is still on track to complete its full HTF Swing range with a target of 2775 and wicks on the HTF up to 2800 expected. The 2775 level will be a crucial point for gold where price rejecting an advance into the range above could see it heading back towards the 2614 area. However if price successfully gets a weekly close above the 2775 level it will enter a new price range of 2775-2935Great Success now as above watching where the weekly closes can give some great clues if we advance into the next range or hold this one for now and start some retracements .

Here is my outlook on XAUUSD Gold Spot after the strong breakout we had Friday. Looking at current price levels i see 2515.50 being tagged first before a move south or continuation upwards. Downward levels are marked up if 2515.50 area resists. First support is sitting at 2478.60. If gold closes and holds above 2515.50 price will enter the next range up and the first magnet level will be 2534 with 2552.50 being resistance at the top of the range. Remember that price can wick into the purple boxes (support & resistance zones) but the body close of the candle is what counts. I look at the 1h candle body close. Have a look at my chart and what you see with candle body’s at each level you will notice what happens when closing above or below. Taking a look at the higher time frame gold has broken out of a sideways consolidation with good strength so seeing the first support level of 2478.60 holding up will be a huge sign of continuation upwards. Based on the previous breakout which held almost an identical sideways range the price of gold could reach 2750 on this next leg up. Good luck and remember consistency, discipline and a good trading plan will ensure you do well in the markets. Risk management is key. Lose a little gain alot. Lastly its bull until its not.The HTFGold has reached Halfway of the HTF target. Looking to enter a swing buy to the upside after a retest of the 2614.50 area. s3.tradingview.com/snapshots/g/ga4tfZLi.png

Channels and Levels marked up for reactive trading

Solid Purple Lines mark key areas to visit. Closes above green line we go up. Closes below red line we go down. Staying Below the Solid Lighter green line is key to continuation down.