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GoldViewFX - END OF WEEK UPDATEHey Everyone, Another great day today finishing of our week strong. The retracement range on our 1H chart has been playing out all week giving plenty of entries and exits (SEE BELOW) WEEKLY CHART LAST UPDATE As highlighted last week, we got the EMA5 cross and lock above 1858 with our next target of 1928 HIT last week. The weekly candle failed to close above this level , which may now follow with some retracement but ultimately the last longer range target above remains open, now that we have the cross and lock above 1858. - This is playing out as expected and now I would love to see if we finish of todays weekly candle above the 1928 level. Although we remain Bullish long term, we will need to keep in mind the ema5 detachment we now have two weeks running, which leaves room for a retracement down. We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week. Hope you all have a great weekend and please don't forget to like, comment and follow to support us, we really appreciate it and it helps us to continue to share regular updates and content with you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
22
GoldViewFX - Market UPDATEHey Everyone, Another fantastic day of catching pips from buying dips. As advised yesterday after hitting our target of 1940, that we will now need to see 1940 - 1945 break with EMA5 to confirm the next range above and Failure to break this level will see price head down to find support again. - This played out perfectly with price finding support at our identified retracement range. We then waited for our signal confirmation and rode the move up back to 1941. We are now ranging between both structures 1918 to 1940, playing tennis. The range will help us to identify entries and exits safely until we see a break of either structure with EMA5 cross and lock. If we see a confirmed breakout of either support or resistant structure, we will update the chart and our followers accordingly. Please also keep in mind our daily chart setup (see below), which is also playing out perfectly. We will continue with our plans to buy dips and will use our Goldturns to identify and navigate up and down to pick safe entries and exits. EMA5 CROSS AND LOCK ABOVE 1924 OPENED THE FOLLOWING TARGETS BULLISH TARGETS 1930 - DONE 1934 - DONE 1940 - DONE BEARISH TARGETS 1924 - DONE 1918 - DONE EAM5 CROSS AND LOCK BELOW 1918 WILL OPEN 1911, 1904 AND 1895 SWING RANGE 1895 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, Quick update on our 4H chart. As you can see this is playing our beautifully with price respecting the Goldturn ascending channel. We advised yesterday that price was challenging and hovering just below the half-line of the channel and that If the half line holds we will see movement down into the retracement zone for a challenge. - This played out perfectly with price hitting the retracement zone on the nose followed with a nice push up back into the channel. We also HIT our 1941 Target which completed this chart idea. We will need to see a EMA5 cross and lock above 1941 also inline with the channel half-line to see another attempt on the channel top. We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels to allows us to handle and manage swings safely. BULLISH TARGETS 1941 - DONE EMA5 CROSS AND LOCK ABOVE 1941 WILL OPEN 1952, 1964 and 1975 (INLINE WITH CHANNEL TOP) BEARISH TARGETS 1916 - DONE 1906 - EMA5 CROSS AND LOCK BELOW 1906 WILL OPEN 1893, and 1876. SWING RANGE 1876 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR 25 minutes ago Trade closed: target reached
OANDA:XAUUSD
by Goldviewfx
20
GoldViewFX - MARKET UPDATEHey Everyone, Another fantastic day for us with our last update yesterday highlighting 1940 being the last remaining target on this chart idea. This target was HIT today - BOOOOOM!! This also followed with a sharp tank down in price but once again found support at the identified retracement range, which provided support for another push up. We will now need to see 1940 - 1945 break with EMA5 to confirm the next range above. Failure to break this level will see price head down to find support again. We will continue with our plans to buy dips and will use our Goldturns to identify and navigate up and down to pick safe entries and exits. EMA5 CROSS AND LOCK ABOVE 1924 OPENNED THE FOLLOWING TARGETS BULLISH TARGETS 1930 - DONE 1934 - DONE 1940 - DONE BEARISH TARGETS 1924 - DONE 1918 - DONE EAM5 CROSS AND LOCK BELOW 1918 WILL OPEN 1911, 1904 AND 1895 SWING RANGE 1895 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
18
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our 1H charts with updated Goldturn support and resistance levels and targets. We have also marked all the structured zones that will allow us to identify potential breakouts to the next zone and allow us to navigate this up and down level to level. We had EMA5 crossing above 1924 opening the upper levels, which one by one got hit. However, it left a target at 1940 open and retraced back looking for support. The levels above are now all open once again. We will continue with our plans to buy dips and will use our Goldturns to identify and navigate up and down and pick out safe entries and exits. EMA5 CROSS AND LOCK ABOVE 1924 OPENNED THE FOLLOWING TARGETS BULLISH TARGETS 1930 1934 1940 BEARISH TARGETS 1924 1918 EAM5 CROSS AND LOCK BELOW 1918 WILL OPEN 1911, 1904 AND 1895 SWING RANGE 1895 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
18
GoldViewFX - DAILY CHART UPDATEHey Everyone, Please see our updated daily chart setup and structure. PRE-LAST WEEKS UPDATE The daily chart remains very much Bullish with a candle body close above 1857 opening a gap target to 1879 only. However, if we see EMA5 follow through and cross and lock above 1857 then we will potentially see the full upper range open to the next resistance structure upto 1927. - This played out to perfection, as we saw the EMA5 cross and lock above 1857 with plenty of opportunity to get in for the movement catching the ride up. We got the movement up all the way from 1857 to 1921, which still leaves a small gap to 1927 open. LAST WEEKS UPDATE Our next challenge to track and observe will be a cross and lock above 1927 to open levels upto 1968. - This is playing out now but EMA5 has not crossed 1927. However, we have 2 candle body close above 1927, which is the first level of confirmation but we will need to see the ema5 cross and lock to confirm this movement and validate the break to open the upper level upto 1968 We need to be mindful and, as always not to chase the bull from the front. We will wait for our usual dips to support confirmed with our signals before taking buys using our smaller timeframe setups, managing a tight and effective risk exposure. This will allow us to absorb these swings safely before riding the wave back up, as you have already seen us do time after time. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. . Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
8