Get started

Goldttading

GOLD DAILY CHART UPDATEHey Everyone, Please see update on our daily chart structure. Last week we completed the gap to 2359 perfectly, as analysed. No ema5 lock above this level and therefore a rejection gave the drop. We then stated that we will continue to see price play between 2355 and 2309 until we see a lock confirmation for the next range. - This is still playing out with no cross and lock on either 2355 and 2309 and therefore playing between the range. We have marked the charts with the weighted levels and will use them to track the movement up and down confirmed with ema5 cross and lock confirmation. We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion. Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top Please don't forget to like, comment and follow to support us, we really appreciate it! MR GOLD XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
12
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Another solid finish to the week tracking and trading the movement up and down Goldturn to Goldlturn. This week we started with the first Bullish target at 2040, which was hit and then no cross and lock confirmed the rejection. We then saw price play into the retracement range for the cross and lock confirmation for the swing range, which also played out perfectly providing the swing into 2030, as highlighted on the chart and all the way into 2040. The last two days we saw price play back into the retracement range giving the bounces inline with our plans to buy dips and then yesterday we had the 2022 test and bounce and we advised that we were waiting for the 2036 gap to be filled again as it was open- This weas completed today!!! It was a week full of swings and ranging action, which we were able to track and trade safely, as our Goldturn levels were respected in true GoldViewFX style!! We will now come back Sunday with our multi time frame analysis, trading plan and Gold route map for the coming week. As always have a great weekend with families and loved ones and we will see you all on market open!!! Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Please see update on our 1H chart idea. After hitting our Bullish target at 2047 earlier this week and then failing to cross and lock above confirming the rejection for the drop down into the retracement level. The retracement zone and 2020Goldturn both provided bounces inline with our plans to buy dips. We also stated that Ema5 cross and lock below the retracement level at 2032 will open the swing range, which we were keeping in mind while planning for the dip before making new commitments to ride. This is now playing out perfectly, as analysed. We will now wait patiently for price to settle down into the swing range and then use our algo activations to secure the perfect entries to buy from dips. 2005 and 1992 Goldturns are both within our swing range to provide the dynamic bounces. Our updated levels and weighted levels will allow us to track the movement down and then catch the bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2047 - DONE EMA5 CROSS AND LOCK ABOVE 2047 WILL OPEN THE FOLLOWING BULLISH TARGET 2063 2074 BEARISH TARGETS 2032 - DONE EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SWING RANGE 2005 1992 EMA5 CROSS AND LOCK BELOW SWING RANGE WILL OPEN THE SUPPORT STRUCTURE 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
OANDA:XAUUSD
by Goldviewfx
4
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Great start to the week with our route map chart idea playing out as planned. Price supported above 2018 and failed to lock below confirming the push up, perfectly hitting our Bullish target at 2033 Goldlturn. We will now need to see 2033 cross and locked to open 2046. Failure to lock above will see rejection into support to test 2018 again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2033 - DONE EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2046 BEARISH TARGETS 2018 EMA5 CROSS AND LOCK BELOW 2018 WILL OPEN THE RETRACEMENT RANGE 2002 SWING RANGE 1990 - 1977 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
OANDA:XAUUSD
by Goldviewfx
9