Buysetup
GoldViewFX - 4H CHART LEVELS & TARGETSHey Everyone,
The 4H CHART trading idea played out perfectly.
We have now updated the levels and targets.
The Goldturn channel was respected well, supported on the half line and HIT our 1909 target at the top of the channel. If the half line supports well, we may get our 1921 AXIS HIT sooner before any deeper corrections.
We need to keep in mind the swing range when taking longs should price find resistance on the top of this channel. We are hoping the Half line of the channel provides the support needed to hit 1909 again and above without testing the full swing range. However we cant ignore this swing range, as it looks more significant here on the 4h chart due to the Goldturn channel.
We remain Bullish buying dips, however we will also consider any sell setups at this range should any signals activate for us.
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GoldViewFX
XAUUSD TOP AUTHOR
NZD/CAD Will it make the retracement now?Monthly:
In monthly time frame the price is over extended. Also, there is an extended M formation, and the price created an imbalance where I expect to set my take profit to the imbalance area. We could definitely expect a move to the upside.
Weekly: The price is overextended so we could definitely expect the correction to the upside. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
Daily: There is an impulse correction pattern. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
All the confluence are in our side. The situation here is clear the movement to the upside is most likely to happen.
GoldViewFX - 1H CHART MARKET UPDATEHey Everyone,
Yes we called it again 1912 TARGET HIT BOOOOOM $$ !
The 1891 Goldturn support held well like we expected and gave us more buy entries, which we took 20 to 30 pips at a time.
We remain Bullish and expecting another 1912 challenge and will continue to buy from dips. We need to see a EMA5 break on 1912 to open 1920 and if we have a candle body close with it, it will open 1931.
However any sell signals at 1912 or 1920 are also safe to take with small LOTS and with 20 pip exits.
I am taking buys from support and keeping the SWING RANGE in mind for Stops.
As always we will post updates should our setups change, so please stay tuned for updates.
Thank you all for getting us over 100 likes on each of our posts. We really appreciate it!!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD continuation BUYS!As tensions around the world heat up so does the gold buys... if you traded gold during the trump presidency you know how wild it can be to day trade lol. As we see huge upside expect for some sharp sell offs, that's where ill be looking at adding positions for a lot more upside!
GoldViewFX - Market UDPATEHey Everyone,
Quick update on our plans and the market. Although a US holiday, we were able to BANK PIPS in true traditional fashion!!!!
Our target for 1912 is still open and as planned we are only taking buys from dips from support. We were expecting retracements down to 1884 levels of which we achieved 1887, which gave us nice buy entries that we banked on the push up again.
Although we have a target of 1912, taking buys from dips and getting out with 20 to 30 pips is the safest way to catch the ride. This gives us the opportunity to make more pips by taking exits and getting re-entries for the same target. This provides two advantages;
1. We get to milk more pips, as bonus for the same target and then the final TP.
2. Should the market reverse on us and plans change for our target to 1912, at least this way we were able to minimize potential losses by having the opportunity to bank a few times from the dips even without the final TARGET to TP.
We are only able to follow this setup confidently due to the current market structure.
1891 seems to have formed 3 recent Goldturns providing some strong short term support that may provide the momentum needed for our target. However we will manage risk according to the swing range.
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GoldViewFX
XAUUSD TOP AUTHOR
$SPYThe investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
GoldViewFX - GOLD MARKET REVIEWHey Everyone,
Okay let's get ready for another week of trading. We remain Bullish in our outlook and we continued our plans on buying from dips from support areas last week. We will continue with the same plan this week, as our setups support the structure of the market and we will wait patiently for those entries.
1912 is our Next Bull target but its not one we will target directly from this price range. This is how traders get stuck!
We have identified a retracement range of 1884 and a swing range of 1867. These two levels can easily be taken out in the course of this weeks action and therefore will be considering this when picking entries and identifying stops and managing our risk.
Taking buy entries from the dips and banking 20 to 30 pips at a time allows us to protect profits on the ride up and get out earlier, should the need arise with minimal exposure rather than getting stuck in the swings. We remain bullish above 1854 and comfortable with this setup for buys.
DAILY CHART
The daily chart view is very much Bullish and 1912 is also inline with our analysis, as a target.
We have drawn a Goldturn channel here, which is being respected well and should this continue, we will expect a support challenge in the range of 1854 at some point, which is also inline with our analysis before resuming back up to break 1912 and open 1933.
We will continue to buy from support levels and take 20 to 30 pips at a time, at the same time we will be confident in taking sell signals from resistance levels at this range. We will keep you all updated with regular updates with any changes to our plans and setups daily.
Please don't forget to like, comment and follow to support our work, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
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Industry: Biotechnology
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone,
Please see 4h chart.
TARGETS
1903, 1912
RETRACEMENT TARGET
1881
SWING RANGE
1855
We remain Bullish buying dips. 1903 is our next target but we have outstanding retracement target to 1881. We have already banked our buys and now staying out for the remaining trading day and closing the week on a high!!!!
Chasing a trend all the way to the finish line can be risky. I always manage my risk with the range and even after seeing targets, I still get out with 20 to 30 pips at a time. This allows me to quickly switch up direction, should the structure change, without feeling committed.
I will come back with some thorough analysis this weekend with targets up and down, to watch out for next week. Please don't forget to like, comment and follow to support our work. It helps us to bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART MARKET UPDATEHey Everyone,
Yes you guessed it, our analysis is playing out once again. We had a retracement like we expected, which we caught with a sell signal and now a push up again at 1897, which we caught with a buy.
We were waiting for EMA5 to break and lock 1897 to open 1912. This has now crossed and locked opening 1912. Please also note we have a gap at 1884 in line with the retracement I measured yesterday, although we had retracement to 1886, it still left 1884 open. This now gives us a range to work with.
We are still taking buys from Dips and the structure is supporting this.
Please don't forget to like, comment and follow to support our work.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H chart UPDATEQUICK UPDATE ON 4 CHART -
1903 AND 1909 are the 4H Goldturn Targets. Its not wise for us to chase these two targets from this range with the momentum we have already had today. We had a good run and whilst we remain Bullish we will look to take only small positions from retracements and stronger buy positions from deeper retracements.
Support areas 1881, 1867, 1855 are areas we can take buy entries from banking at 20 to 30 pips max due to the swing range and price range. A break below 1855 will cancel this setup for now.
As always we will keep you all updated with any changes.
Please don't forget to like, comment and follow, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATEHey Everyone,
1884 and 1897 TARGETS HIT ! ! !
We took buys and banked on Goldturns and even caught the retracement down from 1897 before resuming back for 1897 again.
Although we are bullish and taking buys at this range we are also comfortable taking sell signals, knowing even if the Bulls take another run, its a range where we can still potentially get exits from being within the swing range. Profit taking is happening on this zone with even greater liquidity also coming in providing support to the momentum.
Upper Goldturn levels identified on chart, we will use this to confirm price action reaction!
1912 is the next TARGET.
Buying dips above 1854 and continuing with our plans. We will keep you all updated with any changes.
Thank you all for getting our previous posts over 100 likes. We are growing fast and that's down to your SUPPORT and our RESULTS!!
Please don't forget to like, comment and follow for more updates.
GoldViewFX
XAUUSD TOP AUTHOR
$MRIN Target PTs 50-88 and higherMarin Software Announces TikTok Integration
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GoldViewFX - 1H CHART MARKET UPDATEHey All,
Quick update on the 1h chart, we got the drop like we anticipated with the BENCHMARK, however the BENCAMRK is not quite done so we need to take caution of further drops. My swing range is also inline with the BENCHMARK.
For now we have stuck to the plans and buying from drops. We had two buy signals that have already TP'd and now taking buys from dips and banking at Goldturns. This is playing out perfectly. We are keeping in mind the swing range and using the correct LOT size to match our risk appetite.
We have FOMC meeting at 7pm GMT UK and therefore will now keep it light with small LOTs. I would rather wait for FOMC volatility to provide a better entry for the buys then get stuck now in any trades. However nobody likes to miss a party so ill take small positions before for good measure, lol.
We remain Bullish above 1824, any break below 1824 with EMA5 will open all the Lower Goldturns. We will keep you all 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