XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Goldideas
GOLD possible sell zone!Currency Pair : GOLD
Possible direction : Bearish
Technical Analysis : GOLD on the 4H timeframe is forming a possible head & shoulder with a dynamic resistance. As there is a monthly close tomorrow, after an over extension on the monthly highly likely GOLD will continue to drop for a deeper retracement.
Possible trade recommendation : Bearish as per chart sketch
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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
DECRYPTERS |GOLD (XAUUSD) | PROGRAMMED HI people welcome to Team Decrypters
The only plan you Need
Expecting gold to Rise First This week and incoming first 2 weeks of FEB we expecting a pull back in Gold
Over all we are Bullish On Gold in terms of technical and fundamental perspective
--1H we have Rising channel
--4H we have soon Bearish Divg will be Created
--Daily we have Trend line + Fibo Rejection
-- Weekly we have Bearish OB ,supply some and resistance plus the confluence of some Advance concepts of liquidity
To sum up all we expecting rise and than grab the liquidity to Drop the price Down At least 600 -900 PIPS PULL BACK EXPECTED
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
XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD top-down analysis,UPDATEDHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see updated Goldturn levels and targets for our 1H chart setup.
Price is ranging between both support and resistance structures. We saw price tested 1758 resistance twice last week but EMA5 failed to cross 1758 confirming the rejection foe the push down. We then saw price break below 1750 but EMA5 failed to cross 1750, which confirmed the rejection for the push up. We will need to see a break of either of these levels with EMA5 cross and lock to confirm the next structure.
BULLISH TARGETS
1754
1758
EMA5 CROSS AND LOCK ABOVE 1758 WILL OPEN UPPER LEVELS (1761, 1765, 1767)
BEARISH TAREGTS
1750
1746
EMA5 CROSS AND LOCK BELOW 1746 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1730
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
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
Please see our updated weekly chart analysis.
As you can see our long-term plans on the weekly chart is playing out perfectly. Although we are Bullish long term, we identified EMA5 detachment below, which was attached last week on the retracement, as expected and analysed by us, followed with the push up once again.
This area of resistance that price has challenged; historically always tested more than once and then eventually broken to the upside, otherwise followed with a huge drop down, which we currently can't see.
This is our long-term view, so we will keep this in mind while tracking and trading the movement level to level on the shorter timeframes.
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
GoldViewFX - Market UPDATE - BOOOOOM!!!!!!!Hey Everyone,
What can I say, we had a BOOOOMTASTIC day cleaning up pips at VIP hitting all our targets.
As you can see our weekly chart identified the breakout from the support structure rejection. Our updates below are from previous weeks to show you how we navigated the movement to give us confidence to then break down the levels and take buys on the smaller timeframes.
03/10/22: ANALYSIS AND UPDATES ON OUR WEEKLY CHART SETUP:
Weekly chart is also testing a strong level of support. Price has tested 1622 level twice but failed to close below this level. This may provide the rejection needed for a resistance challenge to 1710 our mid-term target. - THIS IS PLAYING OUT PERFECTLY WITH THIS TARGET STILL OPEN
30/10/22: ANALYSIS AND UPDATES ON OUR WEEKLY CHART SETUP
Although the EMA5 cross below MA200 is gearing for a bearish move, this could be a bear trap and therefore any shorts must be taken with caution at this level. It's too dangerous for us to chase this movement down now, as we would like to see how structure support holds first.
- THIS WAS THE PERFECT ADVICE GIEVEN TO EVERYONE LAST WEEK, AS IT DID TRAP TRADERS IN SELLS, WHILE WE CAUGHT THE MOVE UP
1H CHART UPDATE
Our 1H chart has HIT all TARGETS including our final target for the setup at 1725. We will now come back in the morning with our updated plans for tomorrow's sessions and Sunday for our multi timeframe analysis with updated setups for next week.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR