GoldViewFX - Market update & LEVELSHey Everyone,
Yet again another awesome day of trading. If you followed our analysis, we said we would buy dips and not chase the Bull run from the front, so we took exits on all our longs PERFECTLY. Market followed with plenty of drops to get into buys using our H1 chart levels, Goldturn support to Goldturn resistance. Taking Buys for 20 to 30 Pips from each support allowed plenty of safe exits.
1939 Goldturn Provided the resistance for exits and any sells and the repeat dip to 1920 support gave plenty of Buy opportunities to exit on 1931 Goldturn throughout the day. This is how we play the range!!
We remain Bullish but our setups are geared for Buying from dips from Goldturn support levels within the swing range. A break below the swing range will change this for us, in which case I will update the setup and keep you all updated. But for now to safely ride this trend we must keep jumping on from the retracement rather than the momentum !!!! This then allows a safe exit should the trend change with a breakout.
We will trade the range on the H1 chart levels and buy dips from support levels and exit 20 to 30 pips at a time. Sell signals at this range is also safe for me, but I will only trade small Lots on the shorts and usual risk allocation for the longs.
We have had some great feedback and a strong following in such short space of time, due to the quality of our content and the outcome of all our analysis. Please always remember these are my personal trading ideas for education and support and not to be used for your own Trading without professional advise or experience. Trading is risky always manage your risk and trade safe!
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
Buysetup
$ABEO Next Target PTs .60-1 and higher Abeona Therapeutics Inc., a clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening rare genetic diseases. Its lead programs include EB-101, an autologous, gene-corrected cell therapy for recessive dystrophic epidermolysis bullosa; ABO-102, an adeno-associated virus-based gene therapy for Sanfilippo syndrome type A; and ABO-101, an AAV-based gene therapy for Sanfilippo syndrome type B. The company also develops ABO-201 to treat CLN3 disease; ABO-401 for the treatment of cystic fibrosis; and ABO-5OX for the treatment of genetic eye disorders. In addition, it is developing AAV-based gene therapy through its AIM vector platform programs. The company was formerly known as PlasmaTech Biopharmaceuticals, Inc. and changed its name to Abeona Therapeutics Inc. in June 2015. Abeona Therapeutics Inc. was founded in 1974 and is headquartered in New York, New York.
$MOHO Next Target PT .85 and higher ECMOHO Limited, an investment holding company, operates as an integrated solution provider in the non-medical health and wellness market. The company offers health supplements and food, mother and child care products, personal care products, and household healthcare equipment and cleaning products. It also operates an online e-commerce platform. The company is also involved in the provision of bonded area warehousing; online store operating services; and promotion and marketing services to its brand partners and other brand customers. It serves consumers and retailers. The company was founded in 2011 and is headquartered in Shanghai, the People's Republic of China.
$CTK Next Target PTs .74-.90 and higherCooTek (Cayman) Inc. operates as a mobile internet company in the United States, the People's Republic of China, the United States, and internationally. Its primary product is TouchPal Smart Input, an input method for mobile devices that supports approximately 110 languages. The company also offers Fengdu Novel, a mobile application that provides users with free online novels; Fengdu Audiobooks; and short video series based on Fengdu Literature Platform content and IP resources. In addition, it provides casual games, including simulation games, such as Farm Hero and Idle Land King Tycoon; puzzle games comprising Hi Hamster; and educational games, such as Puzzle No. 1 and Idiom Hero. Further, the company offers fitness applications comprising Walk Walk; Drink Water Reminder that helps users drink an appropriate amount of water on a daily basis; Happy Jogging, a free pedometer mobile application; and Hailaidian, a mobile application that provides pictures, videos, and music to decorate the call interface and help users have fun when receiving phone calls. It distributes its products and acquires users primarily through user downloads from digital distribution platforms and pre-installations on mobile devices. CooTek (Cayman) Inc. was founded in 2008 and is headquartered in Shanghai, the People's Republic of China.
GoldViewFX - 4H CHART MARKET UPDATEHey All,
BOOOOOM ! ! ! 1940 AXIS TARGET HIT
Thought we start with a Boom! We had an awesome day following our analysis and buying from support at dips and confidently taking it up to 1940 target. The structure remains Bullish and our setups are providing entries at the right support levels using Goldturns. Banking 20 to 30 pips max at a time is helping us avoid any swings minimizing daily drawdowns.
1959 is the next Target, however we will only be taking buy entries from support levels and dips. The safest way to ride a Bull Runs is to sit behind it and not in front of it. Taking the entries from the drops always allows us to ride the Bull and catch the trail rather than the target and getting crushed with a correctional retracement, as price tanks after the run is exhausted.
We have NFP this week and Russia/Ukraine news all impacting the market, however as we have already proven with a strong trading plan and the right setups our analysis is confidently protecting us in this market condition and allowing us to make money and bank pips!
We remain Bullish within the swing range and using the 1H Goldturn chart levels for entries and exits, see blow:
1912, 1920, 1931, 1939 1H CHART TARGETS HIT AND ALL LEVELS AND TARGETS UPDATED
As always any changes to our setups we will update throughout the week on our daily updates. Please don't forget to like, comment and follow to support us, we really appreciate the tons of likes we are getting. THANK YOU!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone,
Another awesome day of buying dips from support confidently with our Bullish setups, all thanks to the Bullish structure of the 4H CHART.
We had the Goldturn created above 1890, which gave us the confirmation to buy at that level every time the price dropped. However we maintained discipline and only took the buys with signals. Once we saw the Goldturn created above 1890 and the EMA5 break and close above 1905 opening 1940 axis, it gave us the confidence to buy from any drops close to 1890 level. Using the 1H chart allowed more entries, see below;
We remain Bullish, as the structure supports the setups, but we have our swing range in mind to cover any swings in the current volatile market conditions, this swing range has been maintained perfectly once again. Waiting patiently and buying from dips at Goldturn support levels and taking 20 to 30 pips at a time is the best method for this market condition. Historical back testing has given me years of blueprints to match the right trading style for the right market condition.
As always I will update any changes to the plan throughout the week. However as of now the roadmap is playing our perfectly and so not much update needed. I'm going to be confidently using the range and Goldturns and buying dips from deeper drops from support.
Please don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$GBR Target PTs 12-29 and higherNew Concept Energy, Inc. engages in real estate rental business. It owns approximately 190 acres of land located in Parkersburg West Virginia. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Arcadian Energy, Inc.
$IMPP Target PT 7.80 and higherImperial Petroleum Inc., together with its subsidiaries, provides international seaborne transportation services to oil producers, refineries, and commodities traders. As of September 30, 2021, it owns and operates cargo fleet with capacity is 255,804 dwt. The company was incorporated in 2021 and is based in Athens, Greece. Imperial Petroleum Inc.(NasdaqCM:IMPP.V) operates independently of StealthGas Inc. as of December 3, 2021.
$VTNR Target PTs 15-28 and higherVertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates in three segments: Black Oil, Refining and Marketing, and Recovery. The Black Oil segment collects and purchases used motor oil directly from third-party generators; aggregates used motor oil from a network of local and regional collectors; and sells used motor oil to customers for use as a feedstock or replacement fuel for industrial burners. It also produces and sells a vacuum gas oil product to refineries and marine fuels market; and base oil product to lubricant packagers and distributors. The Refining and Marketing segment gathers hydrocarbon streams in the form of petroleum distillates, transmix, and other chemical products that are purchased from pipeline operators, refineries, chemical processing facilities, and third-party providers; and sells end products, such as gasoline blendstock, pygas, and fuel oil cutter stock to oil companies or to petroleum trading and blending companies. The Recovery segment sells ferrous and non-ferrous recyclable metal products, and markets Group III base oils and other petroleum-based products, as well as provides transportation and marine salvage services. Vertex Energy, Inc. was founded in 2001 and is headquartered in Houston, Texas.
$INDO Target PT 20 and higherFusion Fuel Portugal Secures Nearly €10m in Grants for its Benavente Electrolyzer Production Facility
SINTRA, Portugal, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Fusion Fuel Portugal, the wholly-owned subsidiary of Fusion Fuel Green plc (NASDAQ: HTOO), announced today that its industrial production facility in Benavente has been deemed a project of merit by AICEP, Portugal’s Trade & Investment Agency, due to its special and strategic interest for the Portuguese economy, and therefore secured funding support for its development.
Fusion Fuel is developing a state-of-the-art, automated industrial facility where it will produce its proprietary HEVO technology and HEVO-Solar generators. The facility is expected to come online in mid-2022 and, when fully ramped up, will have an annual productive output of roughly 500 MW of electrolysis capacity.
As part of the agreement with AICEP, Fusion Fuel has secured funding of around 25%—just under €10m—of the total capital investment in the production facility. The funding is split in two components: direct financial support for eligible expenses, and tax offsets available to the company over a period of several years.
Fusion Fuel’s Chief Production Officer, André Antunes, commented, “We are excited about the development of Fusion Fuel´s Benavente Facility. Working together with best-in-class automated manufacturing specialists from across Europe will enable us to build one of the most advanced production plants in Portugal to date, across all industries.”
Frederico Figueira de Chaves, Fusion Fuel’s Chief Financial Officer, highlighted, “The Benavente plant lies at the core of Fusion Fuel´s growth strategy and its implementation a foundational pillar for future success. We are pleased to have the support of the Portuguese government and related entities in establishing this world class facility and in investing in innovation in this important emerging industry.”
GoldViewFX - 4H CHART UPDATE & ROADMAPHey Everyone,
Following on from the 1H chart analysis, I have applied a new setup on the 4H chart and tried to simplify the roadmap to guide the movement for me.
We have an AXIS target at 1940, which needs an EMA5 break and candle body close above 1905 GOLDTURN to confirm LOCK. We are looking for EMA5 to create a new Goldturn above 1890 to then HIT 1905 and above!
We have an AXIS target at 1854, which needs an EMA5 break and candle body close below 1890 to open 1870 and then a break and lock below 1870 to confirm 1854 AXIS.
Whilst we can see some movement down, the 4H CHART STRUCTURE looks very much BULLISH. We remain confident in buying dips from SUPPORT GOLDTURNS.
We will update all our setups daily throughout the week so stay tuned for the updates and please don't forget to LIKE, COMMENT and FOLLOW to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATE & ROADMAPHello Followers,
Hope everyone had a great weekend!!
Lets start with the 1H chart analysis; We had a volatile week last week with war tension pushing Gold price up. Remember we already traded this movement technically and confidently for the last 2 months and not due to the news. Those trying to buy the news will find themselves stuck, as you already saw the push up followed with a deep correction back to benchmark.
Personally, while I will remain vigilant to what is going on around the world, my trading is based on pure technicals, enforced with strong money management. News will always have two sides, one side showing movement up and another will show movement down. Technicals allow you to jump onto that trend and measure that movement to trade it in levels. Right now while war news may show movement up, on the flip side we have FEDs announcement in MARCH that will potentially put negative pressure on gold. So there's good argument for both cases.
So how do I trade this?
I have already identified we are still in an uptrend with a Bullish structure. This supports our movement up technically and taking buys from support Goldturns and EMA5 breaks to next Goldturns, gives us confidence in taking buys. We are also expecting another 1974 challenge!
If we see a break below 1877 swing range, we can SELL to target 1855 and then 1824 and below, confirmed with EMA5, before we consider taking buys again.
As you can see we are expecting swings in both direction. We will be trading this Goldturn to Goldturn with buys above 1877. Sells below 1877 and then Buys again from deeper corrections. As always, I will be breaking this down, target by target daily and sharing during the week, so please stay tuned and follow the updates.
DAILY CHART - STRUCTURE AND SWING RANGE
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GoldViewFX
XAUUSD TOP AUTHOR
Ex2, Buy the Rumor Sell the NewsLet’s look at the recent news with Ukraine.
Anyone who bought the US rumor about Russian aggression profited in weapons manufacturing stocks from December to present day.
This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets.
- The US has been working of possible Russian invasion since December 2021
- Biden publicly proclaimed this warning on Jan 27
- Invasion started last week.
Raytheon Technologies is up 20% from December 2021. Seeing new all time highs
- On Dec 20 $RTX has double bottom and golden cross on Jan 6
- Currently the price is consolidating at upper resistance,
- Upward movement likely to continue if NATO anxiety over Russian aggression will most likely continue to bolster the price of weapons stocks for now and into the near future.
GoldViewFX - MARKET UPDATEHey everyone,
Just a quick end of day/week update to close of. We had a fantastic week calling targets and catching the move all the way up and the exit for the drop and then we targeted 1909 and 1921 again for the second time from the drop yesterday. As you can see both targets 1909 and 1921 hit perfectly!!!
We had a drop from 1921 AXIS today, which gave us the exit needed and now sitting within the swing range of the bullish structure. Always zoom out of the chart to see what its telling you and don't let momentum driven movement throw you off your plan.
For now we expect some retracement down within the swing range followed by some ranging side by side movement. We remain Bullish but buying only from dips at support and taking exits on Goldturns so we don't get stuck in any correctional drop in price. We will keep you all updated with targets that we identify throughout the week with setups to catch them.
We will post a detailed market review and blueprint roadmap for the coming week on Sunday. In the mean time enjoy the weekend and don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATEWe posted this daily chart with TARGETS mapped out a month ago.
We have now HIT all targets - 1857, 1900, 1927, 1952, 1977, BOOOOM !!!!!!!
The daily chart structure remains very much Bullish. We have also moved the swing range up and adjusted the Goldturn trendline to support our setups. The chart has room for retracement and therefore we will be using the H1 and H4 levels to buy dips from support.
We remain Bullish and our plans to buy dips still remain strong. We will update any changes to this accordingly.
Thank you all for your likes and comments, we really appreciate it!!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATEHey All,
Sharing update on our 4h chart.
All targets HIT and although we had a sharp drop from 1974 to 1878 the 4h candle wicked out (highlighted on the chart) from the Goldturn half-line, maintaining the bullish structure.
We expect to see some ranging and then a challenge again at the Goldturn channel top. Unless we see EMA5 break below 1897 with a candle body close, we will remain Bullish. Price and EMA5 remaining above 1897 helps us continue with our plans, Any changes to this and we will be sure to update you all.
Don't let the news and market manipulation fool you. I keep it simple and follow what the chart shows me. And right now price is back to where we started and that's after all the action!!!! Like I always say.....BACK TO BENCHMARK!!! (SEE RELATED POST)
Please don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$REVBRevelation Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on the development of immunologic-based therapeutics and diagnostics for the prevention and treatment of disease. The company's lead therapeutic candidate is REVTx-99, an intranasal immunomodulator to prevent or treat infections caused by various respiratory viruses, such as SARS-CoV-2 comprising its variants, influenza A and B, parainfluenza, rhinovirus, and RSV, as well as is being developed for other indications comprising allergic rhinitis and chronic nasal congestion. It also develops REVTx-200, an intranasal immunomodulator adjunct to be used in combination with an intramuscular vaccination for immunity; and REVDx-501, a rapid home use diagnostic to detect respiratory viral infection. The company was founded in 2019 and is based in New York, New York.
GoldViewFX - 1H CHART MARKET UPDATEHey All,
Quick update on the 1H CHART.
I like this chart, as key Goldturn levels have been updated with strong support and resistance highlighted in red for buying and selling.
We had the support test at 1891 zone we identified for buys and we took the ride up confidently, managing our risk with the swing range in mind. 1912 still open and only 20 pips away but we have taken profit and will now observe and wait for another entry. Next Immediate target in range is 1912.
Thank you all for your support and as promised we will continue to invest our time and resources to provide daily updates and analysis. Please kindly like, comment and follow to support us!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H Chart Market UDPATEHey Everyone,
End of day update for you all. As you can see from yesterdays chart our analysis played out beautifully !!!
We had the support test at the 1890 zone (Goldturn channel Half line) exactly like we identified and then took buys to 1903 and 1909 TARGETS. We also have 1920 Target but we closed profit, as price reached the Goldturn channel top and we may see some resistance here and therefore banking early and waiting for retracements will be the best option to continue buying dips.
For now we need EMA5 break with candle body close above 1909 to confirm breakout of the channel and provide us with the confidence to continue with the technical trend.
We will continue to buy dips but will wait for the right opportunity. As always we will keep you updated with any changes to our plans.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR