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GoldViewFX - Market UPDATEHey Everyone, As you can see both our targets, we highlighted on this idea are now complete. We trailed tis up from 1800 banking profits at 1807 and trailed to 1810. Price closed last week testing 1798 Goldturn just below the MA200 moving average. We had a EMA5 cross and lock above 1795 last week above the structure opening 1803 and 1807. We saw 1803 HIT and rejected leaving 1807 still open. We need to keep this 1807 target in mind. - BOOOOOM THIS PLAYED OUT TO PERFECTION. EMA5 has now crossed and locked above 1807 leaving 1814 and 1819 open. We will track and trade this movement level to level keeping in mind when levels and structures are open with EMA5 to strategically place our entries, as we continue to buy from dips. BULLISH TARGETS 1803 - DONE 1807 - DONE EMA5 CROSS AND LOCK ABOVE 1807 WILL OPEN 1814 AND 1819 BEARISH TARGETS 1795 1791 1786 EMA5 CROSS AND LOCK BELOW 1786 WILL OPEN 1783, 1780, 1777 SWING RANGE 1773 -1777 As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. 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
GoldViewFX - BENEFITS OF USING SMALL LOTS TO MANAGE RANGESThe temptation of using bigger lot sizes is something all traders experience in some parts of their trading journey. Yes, the wins can be nice, but the losses can be even greater and damaging. The benefits outweigh every time!!! MOVE BIG RANGE We cannot emphasize enough the benefits of breaking down lot sizes to micro lots to learn how to move and manoeuvre the range in a volatile market. Using small lots allow you to do this. MORE FLEXIBILITY The flexibility to add to existing positions or get better entries is only possible when account is not over exposed. Smaller lots give you the flexibility to chop and change and add to positions, allowing you to move big ranges and making changes throughout the move. POWER OVER FEAR Bigger lots exposes our accounts, which makes decision making very hard due to fear of loss and blown accounts. Small lots allow you to control and manage fear throughout the process. STRONG PSYCHOLOGY Having power over your fears is the greatest feeder to a strong psychology for a traders mindset. Strong psychology allows a trader to build consistent performance and profits. LIVE TO FIGHT ANOTHER DAY The ability to get second chances is something everyone can appreciate in life. Smaller lots allow you to make mistakes and try again. Hope some of our new traders find this information useful. Please don't forget to like, comment and follow to support our work. We really appreciate it! GoldView
OANDA:XAUUSD
by Goldviewfx
18
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our 4H chart updated Goldturn support and resistance levels and targets. As you can see price is respecting our Goldturn channel and now testing the lower channel bottom also in line with 1793 Goldturn support. If we see the channel bottom broken with a EMA5 cross and lock below 1793 and we will potentially see the full swing range open. Failure to break below the channel floor and 1793 Goldturn support and we should see price head back up to test the channel top. BULLISH TARGETS 1802 1807 EMA5 CROSS AND LOCK ABOVE 1807 WILL OPEN 1717, 1722 and 1728 BEARISH TARGETS 1793 EMA5 CROSS AND LOCK BELOW 1793 WILL OPEN 1785, 1779 and 1772 SWING RANGE 1772 - 1779 As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
4
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our 1H chart updated Goldturn support and resistance levels and targets. Price closed last week testing 1798 Goldturn just below the MA200 moving average. We had a EMA5 cross and lock above 1795 last week above the structure opening 1803 and 1807. We saw 1803 HIT and rejected leaving 1807 still open. We need to keep this 1807 target in mind. If we see price stay above 1795 on market open, we should see another test at 1803 and 1807 that was left open. A break below 1795 and the Goldturn trendline and we could see price back into the retracement range. A EMA5 cross and lock below 1786 and we will see price into the swing range. We will track and trade this movement level to level keeping in mind when levels and structures are open with EMA5 to strategically place our entries, as we continue to buy from dips. BULLISH TARGETS 1803 1807 EMA5 CROSS AND LOCK ABOVE 1807 WILL OPEN 1814 AND 1819 BEARISH TARGETS 1795 1791 1786 EMA5 CROSS AND LOCK BELOW 1786 WILL OPEN 1783, 1780, 1777 SWING RANGE 1773 -1777 As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
11
GoldViewFX - DAILY CHART STRUCTURE AND ANALYSISHey Everyone, Please see am updated daily chart structure, As you can see the daily chart is very much in a Bullish stance challenging the resistance structure in the range AT 1817. Although we saw price break above this level, we need to see either a candle body close or for stronger confirmation EMA5 cross with a candle body close above this level to open 1857 Goldturn. If we see a rejection at this level and as we are seeing now then price will go and test the lower range at 1742. However, this rejection right now may find support above ma200 as EMA5 is still above ma200. If we see MEA5 cross ma200 then it will further solidify the move down to 1742. The range into 1742 is still within a swing zone and therefore we will remain with our long-term stance to buy dips from these swing zone levels using our smaller timeframe setups to pick entries. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. 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
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, This is the weekly chart we have been tracking and following for our long-term targets. Just like last week another weekly candle body close above 1787. We did see the push down once again like last week. However, as you can see, this retracement once again went down for the detachment to EMA5 and found support like last week. Soon as price attached to the EMA5, we saw price continue to push back up and break 1787 and close above it. We have now seen 4 weekly candle body close above 1787 opening up a long range gap to 1858 but not confirmed. However, please keep in mind a similar situation highlighted on the chart previously. We can still see a rejection on this zone for a bigger drop into the lower range, as seen on the last historical challenge. We need to see EMA5 cross and lock above 1787 and not just candle body close to confirm the break and gap target to 1858. This is how we confirm whether it's a breakout or fake out. EMA5 has slowly creeped up and is now touching 1787 and at crucial challenge point of this level. We will either see the big retracement down or the cross and lock to open and confirm the 1858 target We will use our smaller timeframe setups to navigate this range level to level. 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
6
GoldViewFX - END OFF WEEK UPDATEHey Everyone, Following on from yesterday, as expected a nice bounce from 1783 Goldturn. We trailed our long positions all the way upto 1800 for a perfect finish to the week. We have a back to benchmark range at 1815 from yesterday's breakout, which we expect a retest on at some point and also a gap above left open to 1831. We will keep these levels in mind in mind and as always look to get in from the right support levels, like we did today. Any big drops are buying oppurtunites for us. We will now come back boxing day for our multi timeframe analysis and plans for the coming week. Although volumes will be low during the holiday period, we will be active as always and continue to monitor and update the chart ideas. Enjoy your weekend with family and loves ones. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - Market UPDATEHey Everyone, We slowed down yesterday after hitting our 1822 target and expected retracement to jump back into the longs. There was an ema5 detachment to 1805 which we identified as the first point of support for retracement, which was HIT perfectly. We tested the waters with a small buy position, which we took out as we could see price heading for our once-a-month MA21 touch on the daily chart, which is also in line with ma200. This usually provides good dynamic support, so we took a stronger buy position from the bottom to bank and trail. As you can see from the daily chart although we saw a well overdue retracement down in gold today the overall structure still remains in a Bullish framework, and we are still within the swing range of our 1H chart. If we see a EMA5 cross below ma21 on the daily chart we can expect the lower support highlighted to be tested otherwise failure to cross and we should see price head back into hitting the upper levels that have now been left open. Waiting patiently and taking strategic entries, like we do, is the safest way to trade these conditions and range management is crucial. 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
18
USDJPY shortConsidering recent PMI data shows an economic turnover, declaring the possibility of the end of a recession for the US and therefore creating a stronger currency. However, long term data suggests a weaker dollar as investors are looking for increasing interest rates for a stronger currencies against the inflation. The technical analysis indicates a reversal at the zone likely to become a resistance. The zone was hit today but is likely to be hit again. If not, the trend is likely to continue and therefore the trade can still be taken.
Short
by vf_investment
5
BEARISH MOVE ON GBPUSDSold GBPUSD Entry 1.2020 Sl 1.2180 (160 pips) Tp 1.0685 (1335 pips) Weekly resistance met +200 MA showing weakness to the bullish side on the daily TF. Large institution is in a short position on the pair. The UK economy is in a horrible position. By the looks of it, their major issues such as their energy prices and increased cost of living are being resolved, but in fact are getting worse with their energy prices reaching a new ATH. Until this is addressed properly, I see a continuation to the downside.
Short
by ErnieTrades_
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSREPOST FROM 18TH DECEMBER Hey Everyone, Please see our 4H CHART setup with updated Goldturn levels and targets. As you can see 1773 held well as support last week with a new Goldturn at 1779 and now we are seeing price head towards the upper resistance structure towards 1808. We will track and trade this movement level to level confirmed with cross and lock and continue to buy dips from support levels. BULLISH TARGETS 1797 1808 1815 EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS 1822 1828 1836 1844 BEARISH TARGETS 1791 1785 1779 1773 1763 SWING RANGE 1763 EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS 1753 1746 1739 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
18
💵Australian Dollar/U.S.Dollar💵 Analyze (Short term,12/21/2022)Australian Dollar/U.S.Dollar made a bearish AB=CD harmonic pattern near the PRZ(Price Reversal Zone) and trend line. I expect the Australian Dollar/U.S.Dollar will go down to the support zone at least. 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 15min⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2
💵British Pound/U.S.Dollar 💵Analyze (Short term, 12/19/2022)!!! British Pound/U.S.Dollar completed the double zigzag correction on PRZ(Price Reversal Zone). I expect the British Pound/U.S.Dollar will continue this downward trend. 🔅British Pound/U.S.Dollar ( GBPUSD ) Timeframe 15min⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
3