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Goldturn

GoldViewFX - MARKET UPDATEHey Everyone, Quick end of day update from us. We had our bearish targets HIT and then followed with the movement up. We had a new Goldturn created at 1884, which allowed us to catch the move up banking 20 to 40 pips at a time from each retracement using our custom intraday levels, taking advantage from every drop to maximise pips on the same target! We call this milking the range. We have targets at 1905 and 1915, as long as 1884 GOLDTURN holds. Ema5 break and candle body close below 1884 will open the lower targets. For now this Goldturn is providing the support needed for the push up. SWING RANGE 1832 Its too early for us to make longer range calls for now. We will finish up tomorrow for the week and then use the weeks data to generate our weekly report with more detailed analysis on our outlook for Gold for the coming week. As always 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
OANDA:XAUUSD
by Goldviewfx
23
GoldViewFX - 4H CHART UPDATE & ROADMAPHey Everyone, Following on from the 1H chart analysis, I have applied a new setup on the 4H chart and tried to simplify the roadmap to guide the movement for me. We have an AXIS target at 1940, which needs an EMA5 break and candle body close above 1905 GOLDTURN to confirm LOCK. We are looking for EMA5 to create a new Goldturn above 1890 to then HIT 1905 and above! We have an AXIS target at 1854, which needs an EMA5 break and candle body close below 1890 to open 1870 and then a break and lock below 1870 to confirm 1854 AXIS. Whilst we can see some movement down, the 4H CHART STRUCTURE looks very much BULLISH. We remain confident in buying dips from SUPPORT GOLDTURNS. We will update all our setups daily throughout the week so stay tuned for the updates and please don't forget to LIKE, COMMENT and FOLLOW to support us. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
20
GoldViewFX - 30M CHART SCALPING STRATEGY IN ACTION LIVE $$Hey All, This is a follow up post from the 20 pip scalping strategy we posted (SEE RELATED POST BELOW). This chart shows you live examples of the entries and exits today. Remember when scalping with this strategy SL to be set for exit when EMA5 reverses and crosses back the opposite way. Tight stops and a numbers game, so please back test aswell. I have back tested this and the wins over SLs always been profitable over my trading periods. When we refer to floating candle, we mean floating away from MA21. It can still touch EMA5. Please don't forget to like, comment and follow to support our work, so we can bring you more quality content. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
13
GoldViewFX Strategy - GOLDTURN SETUP1 - Simple & Effective Hey Everyone, This is a follow up post from the previous post on HOW TO DRAW GOLDTURNS (see related post below) We want to now show you how we can use the Goldturn levels and share with you all a basic yet a strong Goldturn Trading Setup in step by step stages. 1 - Draw a Goldturn on the previous days Highest point for Resistance 2 - Draw a Goldturn on the previous days Lowest point for Support 3 - Wait to now see current day price action and look to see, which level EMA5 breaks - Support or Resistance ? 4 - In this example previous days Goldturn low is broken with EMA5 5 - Once EMA5 breaks level by crossing over, we now wait for a 1H candle close after the cross. This is confirmation candle! 6 - Next candle is entry candle - we can see a 450 pip movement from entry. We advise to take profit at 50 pips or next Goldturn, which is a likely target or move SL and trail the movement to catch the entire breakout. This is just one of the setups we thought we would share with you all. Please don't forget to like the post, it helps us bring more quality content to you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
25
GoldViewFX - How to Draw our Goldturns & Goldturn trendlines Hey Everyone, We have been getting a lot of messages to highlight how we draw and identify Goldturns and draw Goldturn trendlines. So this post will help you all understand how we draw this and help you understand the flow of some of our analysis. Goldturns are Support and Resistance drawn using EMA5, it helps us identify Strong levels of support and resistance levels with less noise and more concrete in their reaction to price action that is catchable. The best way to explain this; its price movement in slow motion, not too fast to analyze and catch and not too slow that price hits target before we can catch the movement. Its the SWEET SPOT for price action ! ! ! This can now be used to draw Goldturn support and resistance levels and use for intra day trading, as you would use other support and resistance levels. This can be drawn and used for m15 chart for scalping, H1, h4 chart for intra day trading and Daily chart and weekly for long term. The Goldturn levels also allow us to use them to draw trendlines and channels that are again stronger levels to be able to identify when a channel/trendline breaks in or breaks out or is respected and allows us to negate the fake outs that we see with momentum driven candles However what you have seen me use over the months to identify Goldturns as TARGETS and AXIS TARGETS and my SIGNALS, are my custom formula that allows me to calculate the weight of the level in terms of their strength to magnetize or repel price. This secret I have to keep to myself for now, maybe once we reach about 40,000 followers we can then open up some of this. For now this is enough for the average trader to draw and use as stronger support and resistance levels and for the Newbie trader and everybody else to be able to follow our work. Please don't forget to like the post. The more likes we get, gives us an indication of the kind of content we should be sharing more of. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
21