GoldViewFX - MARKET UPDATEHey Everyone,
We had an awesome day today with our trading plan playing out to perfection!!! (see related post below)
We hit all our projected targets from retracement to 1832 to find support, as identified - followed by 1839, 1844, 1849, 1854, and then to finish of with a BOOM 1857.
Why do we stick to buys I hear a lot of you ask? well I've been trading the Gold market for over 10 years and have traded and managed most market conditions. Every so often a winning streak is broken with getting stuck in a big swing. Back test the Daily chart structure and you will see getting stuck in a swing with buys is far safer than a sell swing. The last 3 years I have found it both safer and profitable to have a 70/30 ratio with buys vs sells.
The lower range has opened up so we must keep that in mind while taking buys and manage risk accordingly. Markets are volatile so we expect swings both ways.
We expect some retracement and then continuation of movement up.
BULLISH TARGETS
1854, 1857, 1863
BEARISH TARGETS
1849,1844
SWING RANGE
1832
As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Sellsetup
GoldViewFX - MARKET UPDATEHey Everyone,
Quick update on todays movement. We saw Gold move down today with strong momentum. Each level was confirmed using EMA5 cross and lock and fulfilled the gaps. Well done for anyone taking advantage of this movement. We did not take advantage of this movement down as we remain Bullish waiting for the right entries.
We cam see price is challenging the daily chart Goldturn trendline and hoping it find support here. If momentum continues we can see this go as low as 1835 for support otherwise we should see some movement back up.
We will watch the daily chart closely for a break in the structure and setup. Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see updated Goldturns and Targets for the 1H chart.
We will be looking for EMA5 cross on the Goldturns followed with a candle body close to confirm the next level.
Bullish TARGETS
1888, 1896, 1904
RETRACEMENT RANGE (layering range)
1878 - 1869
SWING RANGE (risk management range)
1863
We plan on buying from drops to support levels and taking 20 to 30 pips at a time to avoid getting stuck in swings. We will also be using EMA5 cross and lock to confirm targets to each level before starting to layer entries from support.
As always we will keep our followers updated with daily updates. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
NZDCAD getting ready for a drop!Hello guys,
Based on the chart we have a good bearish trend and we can consider this slight bullish movement as correction and getting ready for another sell.
Note: This post will be update base on market reaction.
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Good luck!
XAUUSD - KOG REPORT - NFP!KOG Report NFP:
This is our view for NFP today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price.
We’re going to keep this brief today as its very likely we won’t be trading this release unless our key levels are hit and then we may look to take a position. So far this week we’ve hit the lower target on Gold and we’ve hit the 1913-15 target on Gold. This leaves us with two values, one above and one below that we now want to target. The level above is illustrated on the chart and is around the 1925 price region, this level we feel would represent an opportunity to take the short trade back towards the lower targets starting at 1840.
The lower target is an aggressive low which is situated around the 1825 region. A push on the price towards this level we feel would represent an opportunity to take the long trade back up to target the 1850, 1860 and above that 1880 levels. Just as we saw with the FOMC report we swung into our zone and the price reacted giving the short. This time we’ll wait again at the higher or lower regions and not get involved on the intraday levels, especially on a Friday!
Hope this helps in preparation for NFP. Please do support us by hitting the like button, leaving a comment and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
GoldViewFX - UPDATED LEVELS & TARGETSHey Everyone,
Another awesome finish to today!!! All our targets from our trading plan posted yesterday 1878 and 1888 targets were HIT perfectly. We also had a pre FOMC target at 1875, which we took before FOMC and then the FOMC CANDLE gave us the TP to finish off nicely.
Bullish TARGETS
1888, 1896
RETRACEMENT RANGE
1869 - 1863
SWING RANGE
1856
DAILY CHART
Keep this chart in mind when asking why we keep buying dips. The daily chart always reminds us of the overall long term trend and the BULLISH STRUCTURE.
We will keep you posted with any changes throughout. We expect a volatile week and therefore keeping the swing range in mind to manage risk effectively.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS$Hey Everyone,
We had another awesome day of trading. We waited patiently for the support at 1856 and once we saw a new Goldturn being created on that level, it gave us the confidence to take buys banking on each intraday level all the way to our SIGNAL TARGET AT 1873.
We have a swing range at 1844 inline with the Goldturn trendline. As long as EMA5 remains above 1844 on the hourly chart we can continue to take those sniper entries. We saw a lot of negative pressure on Gold due to FOMC Wednesday and the anticipated rate hike, which seems to have been priced in.
We have updated the 1h chart with the most upto date weighted GOLDTURNS for everyone.
We are taking it slow and observing and waiting for the right entries and banking in stages using our custom intraday levels for our members to avoid getting stuck in swings. This has been working out beautifully for us!
We have Bullish TARGETS at 1869, 1878, 1888
Bearish TARGETS at 1863, 1856
SWING RANGE - 1844
As always we will keep you all updated with any changes to our setups daily. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART LEVELS & TARGETSHey Everyone,
We have updated the Goldturn support and resistance levels on the 4h chart and we can see 1884 providing support with a new Goldturn. As long as we see EMA5 remain above 1884 we should resume back to a Bullish movement and range into hitting the immediate Bullish Targets.
If we see EMA5 break 1884 then we may see a deeper correction the 1835 inline with the Goldturn trendline support otherwise we remain confident to see price climb back up again.
Bullish Targets
1914, 1930, 1939
RETRACEMENT RANGE
1884, 1869
Our plans are to take buys from support levels and bank 20 to 30 pips at a time to avoid getting stuck in any swings. We will only take sells should we get a strong signal activate.
As always we will continue to update any changes to our plans daily.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
We have updated the Goldturn levels and drawn a GOLDTURN channel. We can see price has broken out of the GOLDTURN descending channel and challenged 1920 GOLDTURN before retracing down again. We expect some retracement to the channel support at 1888 and 1878 at some point to test the channel for support otherwise we are happy to start using our intraday levels to buy dips for the immediate Bullish TARGETS.
BULLISH TARGETS
1896, 1904, 1914, 1920
RETRACEMENT TARGETS
1888, 1878
EMA5 break above 1920 GOLDTURN will open the upper targets and EMA5 break below 1878 will open the lower TARETS 1869 and below. The current immediate range we can see is 1920 to 1869.
As always please don't forget to like, comment and follow to support us, we really appreciate it
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H & 4H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
Being patient while price worked its way down, paid off. We avoided getting stuck while we completed the bull run with all targets HIT, without getting stuck using our strategy. We took sniper entries with safe exits and today we started to take sells with our Sell signal HITTING TP.
The 4H chart GOLDTURNS have been updated and we can see we have a EMA5 break and close below 1896 opening TARGET to 1881 (complete) and 1869 with a retracement range of 1914.
Please see 1H CHART below with updated lower GOLDTURN levels. We have broken out of two ranges and EMA5 has also crossed and locked below 1888 opening the lower levels of 1885 and 1877. We still have a retracement range of 1907 and 1917. A retest and failure on these two resistance levels will give us more confidence in adding to our SELL targets.
We are trading small LOTs to avoid getting stuck as the upper range is still in view and we have some retracement due when the steam runs out. This is where we need to be careful, as BULLISH retracements can easily gain momentum when the Bulls make a run.
As always we will keep you all updated with and changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
CADJPY good Sell opportunityHello guys,
Based on the chart a bullish trend line is broken and the support area didn't succeed to make price higher.
So based on this scenario it can be a good choice to wait for a pullback and rejection in order to retest our new resistance area again and then open a sell position.
Note: This post will be update base on market reaction.
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Good luck!
XAUUSD in bears control!Hello guys,
One of the most possible scenarios about Gold for this new week would be selling on peeks to get better risk reward ratio.
Last week price broke the support area and now the we are waiting for a pullback to sell with other traders on the market.
For the following days we will track gold price on the chart and if any important event happens, we will update this post.
Good luck.
$BTC potential bear flag break down!* Was in a down trend
* Has been in a potential bear flag from mid January 2022
* Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective.
* Key level of support being around the $30k mark
* The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k (circled area)
* Key areas of support to keep in mind if you're planning on shorting:
* $37.5k
* $34.3k
* $30k
* A break below $30k may send BTC to its measured objective of ~15k.
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey everyone,
We saw price move from 1992 to 1926 last week. We were able to pick buy trades using support levels and exiting with 20 to 30 pips at a time. The overall trend is still Bullish and therefore we were not confident in riding the short term trend change with the volatile momentum.
We are in a range of 1945 to 1917, which we have seen price play in this range below. Its a range where it will be too early to commit anything long term. If we see a break below 1917 we can see lower levels open up 1907, 1901, 1894 and 1888. A failure to break the 1917 level will see us back to 1945. We expect price to play within this range. A break above 1945 will open up the upper range again.
BULLISH TARGETS
1937, 1945
BEARISH TARGETS
1927, 1921, 1917
SWING RANGE
1917
As long as EMA5 remains within the range 1917 - 1945 we can bounce between support and resistance taking 20 to 30 pips at a time to avoid getting stuck in a breakout. We may be in a short term downtrend but EMA5 has not crossed ma21 on the daily chart to confirm further Bearish movement and remains in a uptrend.
We will be watching this closely and keep you all updated. Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
great setup for swing trading on #btc🔥hi there traders all around the world👋
one of the great setups that we can count on it is breaking the trend line and it simple.
when a trend line breaks spatially if that trend was a pullback in previous(we had a good bear trend line here) we must wait for price to reach and touch the trend line then we can enter.
tip: if price touches 2or 3 times its much better.
I hoper you enjoy the lessen I just teaches you, wish you all a great day with good profit.
cheers 🥂.
GoldViewFX - MARKET UPDATEHey Everyone,
Quick update from yesterdays analysis. We saw retracement down to 1940 Goldturn but no candle body close or ema5 cross to confirm 1931, so we waited patiently for a Goldturn to be created above 1940 to give us confidence to start buying dips again. 1944 and 1952 HIT perfectly as planned, which we walked through in stages with our members.
Please see updated targets and levels to look out for below; Please also note we have BENCHMARK still open at 1976. (see related post below)
TARGETS
1961, 1969
RETRACEMENT RANGE
1944 - 1952
SWING RANGE
1927 - 1931
4H CHART UPDATE
This chart was posted on the 17th APRIL and now clearly shows the swing range in action at 1939.
We are trading levels Goldturn to Goldturn and using our unique INTRADAY LEVELS and taking no more than 20 to 40 pips maximum to avoid any traps. Patiently with discipline we are navigating the market with profit!
Please don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
The hourly chart has HIT all the Bullish TARGETS identified. Once again our strategy to take 20 to 40 pips at a time using our levels gave us safe exits on our buys. Even when the market moves outside the technical sequence due to external news our technical analysis gave us the exit with precision!!
The market took the price down using St. Louis Fed President James Bullards comment as an excuse. Bullard said that hikes of 75 basis points should not be ruled out. The last increase of that size was in 1994. They have taken out some of the retail traders and will now buy back in at a lower price to reach the upper targets again. PATIENCE is staying out and coming back in with the smart money.
The market may now move sideways here in this range before we see it settle back into organic movement. 1961 GOLDTURN support level was a strong level that got taken out, opening 1952 and 1944, which was HIT. 1944 is our next significant support level. EMA5 break and close here will see 1940, 1931 and 1927 open for TARGETS. Failure to break 1944 will see price BACK to BENCHMARK (SEE RELATED POST BELOW ON BACK TO BENCHAMRK)
BULLISH TARGETS
1952, 1961, 1969
RETRACEMENT TARGETS
1944, 1940, 1931
SWING RANGE
1921
DAILY CHART
The daily chart structure is very much Bullish and the overall trend is clear. MA's are still aligned in order ma5, ma21, ma50, ma200. Even taking into consideration the FULL SWING RANGE of the daily chart should ema5 cross over some of the MA's, we still remain in a clean uptrend.
I remain confident in BUYING dips in this market condition and taking 20 to 40 pips at a time will give us a better chance in navigating curve balls the market throws at us. Today was the perfect example! We will trade this range Goldturn to Goldturn and entries and exits using our custom daily INTRADAY levels that we share with our members daily.
As always we will keep you all updated with our trading plans daily. Please don't forget to like, comment and follow to support us, it helps us bring more content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
Audjpy is good for intraday sell for correction, Hey everyone , as u can see the market is way too extended , market must have structure / or correction to continue going up , my point of view looks like wave (5) is over , lets wait for clear break of 93.000 then pick ur best entries for more shorts , shorting NOW is pretty nice to hit 93.200 at least , and I believe we still have a lil retrace back up after that so that it could drop hard)