GoldViewFX - 4H chart UPDATEQUICK UPDATE ON 4 CHART -
1903 AND 1909 are the 4H Goldturn Targets. Its not wise for us to chase these two targets from this range with the momentum we have already had today. We had a good run and whilst we remain Bullish we will look to take only small positions from retracements and stronger buy positions from deeper retracements.
Support areas 1881, 1867, 1855 are areas we can take buy entries from banking at 20 to 30 pips max due to the swing range and price range. A break below 1855 will cancel this setup for now.
As always we will keep you all updated with any changes.
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GoldViewFX
XAUUSD TOP AUTHOR
Sellsetup
GoldViewFX - 1H CHART UPDATEHey Everyone,
1884 and 1897 TARGETS HIT ! ! !
We took buys and banked on Goldturns and even caught the retracement down from 1897 before resuming back for 1897 again.
Although we are bullish and taking buys at this range we are also comfortable taking sell signals, knowing even if the Bulls take another run, its a range where we can still potentially get exits from being within the swing range. Profit taking is happening on this zone with even greater liquidity also coming in providing support to the momentum.
Upper Goldturn levels identified on chart, we will use this to confirm price action reaction!
1912 is the next TARGET.
Buying dips above 1854 and continuing with our plans. We will keep you all updated with any changes.
Thank you all for getting our previous posts over 100 likes. We are growing fast and that's down to your SUPPORT and our RESULTS!!
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GoldViewFX
XAUUSD TOP AUTHOR
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.
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GoldViewFX
XAUUSD TOP AUTHOR
USDCHF SELL OPPORTUNITYReason for my sell opportunity
Trendchange on DAILY ORDERBLOCK with BIG IMPULSE Down
Building a correction CHANNEL with 3 Touches on Upper Trendline ( a Good indicator for breakout the lower Trendline)
Break Structure und Retest the channel on a big 4h Orderblock
My opinion is a Big sell off in the next days
THIS IS NOT A TRADING SIGNAL
GoldViewFX - 4H CHART UPDATEHey All,
Quick update on the 4H chart. Price is challenging 1856 level also inline with the Goldturn channel support, so we may find support here and continue up. This is also the bottom of the Goldturn channel.
However keep in mind the Benchmark on the H1 CHART at 1836. Back to BENCHMARK is what we call BACK TO REALITY!!!!
Lots of meetings and news this week, so big swings are expected and likely targets will be hit but with swings. I will trade small LOTs and manage the swings and range. As always we will keep you all updated with any changes to our plans.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART MARKET UDPATEHey All,
Yes you guessed it...…we sound like a broken record on repeat, we did it again!! Day in day out hitting targets !!!!
Okay lets start. We had the retracement down to 1850 area, as we projected yesterday. (see related post below). We took our buy entries from this zone and targeted 1867 and 1872, which was confirmed with the EMA5 lock yesterday, which you can see we had already marked on the chart. This played out perfectly!! BOOOM!!!!
1872 challenge is the more significant challenge. If we see EMA5 cross and candle body close above 1872 then it will open target to 1884.
However if we see a new Goldturn below 1872 level and price is rejected here, we will see price retrace back to benchmark at 1838, inline with the swing range (See related post below to understand BENCHMARK)), where price was originally organically moving before NEWs created the push up.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - WEEKLY CHART LONG TERM TARGETSHey all,
Weekly chart looks very Bullish with the Goldturn trendline broken to the upside opening target to 1876 and with enough momentum in that range will easily take out the upper targets.
1766 is the lowest of the range we can see over the coming months and any deeper price drops can go as low as 1677. Price does not seem to stay in this low range for long and historically weekly candles wick out. Its worth noting this if we end up in this range in the coming weeks/month to avoid getting sells stuck, as we can see from historical movements, it can leave the range very quickly.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART - LONG RANGE TARGET$$Hey All,
Update on the daily chart timeframe, we already identified the Bullish structure on Daily chart throughout and it continues to support our setups.
The Goldturn trendline has been supported well and as long as EMA5 remains above the trendline, it is safe for us to take buys from support. We had a break at 1799 with EMA5 cross and candle body close, which opened target to 1857. That's close to a 600 pip catch, which was HIT a month later.
Trading a movement like that over a month requires a lot of emotional stamina and not advised without experience, as you can see from the swing range (1766). The best way to tackle this, is through buying dips at support and banking at resistance and then working the range till the target has been HIT. I have been doing this with you over the last few months via the shorter timeframes and now I'm hoping you can see how I'm putting it all together.
Please note, although I have shown you all how to draw Goldturn levels, the levels I draw are weighted levels that are stronger for break, lock and confirmation. This is due to the way these levels are identified. I will build this up and share with our followers, as we grow our following. Please support us by liking our post and following us, to help us get there sooner.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H MARKET UPDATE & TARGETS$$Hey All,
Update on our 4h chart, we can see price has broken back into the 4H Goldturn channel. We need to see EMA5 also break into this channel at 1855 to confirm the break in. This will then open movement in the channel and open the upper targets to 1867, 1881, 1897.
We have identified a swing range of 1836 and so will remain Bullish above this swing range. A EMA5 break below 1836 opens lower targets and therefore we will stop buying dips till we get a deeper correction.
Stay tuned throughout the week for regular updates and any changes to our plans and please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H MARKET UPDATE & TARGET$$Hey All,
Hope everyone had a great weekend and had a chance to review my earlier posts on drawing Goldturn support and resistance and a basic setup on how to trade the levels (see related posts below).
Market Review
I have now drawn some weighted Goldturns using historical price action against historical levels, with some adaptations based on the market conditions. We can use EMA5 cross and lock to confirm level to level targets and I will be trading this from any deep swings and lightly from the get go without swings.
I am still Bullish and buying dips, however as mentioned before organic movement is easier to trade and catch but movement and momentum from war/fundamentals/news are difficult to trade for new traders. The swings against the market can also be as deep as the trend it drives towards. Its manipulation time for all players in the market. Trading small LOT sizes to allow flexibility to move the range is the best way to trade in these conditions.
EMA5 has crossed 1854 with the last candle of the day being the candle body close to open target to 1867. However when market closed in the middle of momentum driven movement with NEWs driving the price, we usually see a glitch open to the market, where price opens with a spike up or down away from where the market closed. Glitch open may HIT target without opportunity to enter.
We can see a retracement down to 1854 Goldturn with a swing range of 1838. I will manage my trades within the swing range. Outside of the swing range will be an area to get out and then wait for deeper corrections before buying dips again, should this happen. A break below the 1838 Gold turn can drive us down to a short term trend down, opening all the lower Targets.
Goldturn Resistance
1867
1872
1884
1897
Goldturn Support
1854
1847
1838
1831
1824
1812
Stay tuned for further analysis shortly on other timeframes and regular updates daily through the week. Any changes to our setups and plans will be updated and shared regularly.
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GoldViewFX
XAUUSD TOP AUTHOR
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
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.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATE Hey All,
And you guessed it........WE HAD ANOTHER AWESOME DAY!!!
We identified a support target at 1826 yesterday this was hit perfectly, although we saw a push below 1826, EMA5 created a Goldturn above this level confirming the support to resume back into our Bullish setup, as we suggested.
We then had 1836, 1840, 1846, 1856 ALL HIT !!!!!!!!
We can now see price enter the Goldturn channel. We need EMA5 cross or even a candle body to confirm challenge to the upper channel, as we now have an axis target 1894. I know this is pushing it !!! Everyone is expecting a Big bearish movement, including me, due to the forthcoming coming events. However back testing scenarios like this shows this can be very short sharp before something else triggers a Bullish movement again. Therefore trading small lots into March will give us the flexibility to change direction without exposing too much.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H Market UPDATE 1839 TARGET HIT !!
This area is a strong resistance zone and we are likely to see some retracement and swings. 1824 is on the radar for a support TARGET.
We will not add to any longs now and banked all positions. We will consider sell signals and take buys only below 1824 to continue to try and catch the full leg
of this Bull run.
Stay tuned for regular updates and please don't forget to like the post.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H Market UPDATE & TARGETS$$Hey All,
I know what your all thinking......YES!! we did it again!!! 1836 and 1840 Axis Targets HIT!!. Trading it range by range helps us get out in time should the market turn against us.
We are now reaching the entrance of the next RANGEBOX 1836 - 1846 - Although we had our 1846 Target HIT, we need to see EMA5 cross and lock inside the new Rangebox. We haven't had any candle body close inside this box either. This is a sign we may see a stronger retracement. I have extended the swing range to as low as 1808 to support this.
Although we are Bullish and will continue taking buys from dips we are also now comfortable taking sell signals.
The structure remains Bullish and we can potentially see a challenge to the entrance of the Goldturn channel 1846 Goldturn and 1856 Axis. We will watch EMA5 action closely to confirm this and will keep you all updated.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H Market UPDATE & TARGET$$Hey All,
Our 4h chart setup had the EMA5 cross and candle body close above 1826 to open and confirm 1836 and 1840.
This was a clean 70 pips up so far, close to 1836 point to point. Target is still short by a few pips so 1836 still open and 1840.
If we see a failure to cross 1836 with EMA5 even whiteout a candle body close, we can potentially see price reject to as low as 1814 for support. We will continue to update any changes to our plans.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATE and TARGET$$Hey All,
I know you keep hearing me say this....but here it goes....Another amazing day of trading for us. Those following we called 1834 as a target confirmed with EMA5 cross and lock. This target was HIT perfectly.
1839 is the next TARGET. We have identified a potential retracement range of 1828 and the swing range has also moved up in the setup. We remain Bullish and continue to buy dips.
Stay tuned for more updates and please don't forget to LIKE, COMMENT and FOLLOW to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H & DAILY MARKET UPDATEHell All,
Okay so we have hit the 1826 target perfectly on our 4h chart idea. We will now wait to see how EMA5 challenged this level. This level has been tested twice before and a EMA5 failure to cross had price rejected back to 1814 and below. We need to taker caution in adding long without further confirmation.
If ema5 crosses 1826 with candle body close, we should see price leave RANGEBOX 2 and target the entrance of RANGEBOX 1 at 1836.
This could be an area to short but we will wait for confirmation before making a move.
DAILY CHART
Once again 1827 target was hit on the daily chart idea posted today. This level is strong resistance on the daily chart in line with the H4 chart. It has failed 4 x previously. However the Bullish structure is still supported by the daily chart Goldturn trendline, which may give the support needed to break through. We will keep you posted throughout the week so stay tuned.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey All,
This is a follow up from yesterdays update. We caught some action from the bottom buying dips and took partials. We thought we would update the daily chart for you all, which also supports all our analysis.
We can see already historically in the past 8 months, every time 1818 had a candle close above it, price would always follow through and as a minimum hit 1827, which is the lowest of the range it would do. We tried to illustrate this, as best, as possible on the chart. We have also marked the potential swing range (potential reversal) to manage our risk.
A break below the swing range will open the lower targets. Should this happen we will update plans accordingly and share.
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GoldViewFX
XAUUSD TOP AUTHOR
Monero ABCD Sell with the AI Intraday.Monero is lining up nicely with the AI today.
We have an expected high around 1pm @ 177. This would tie in nicely with the with the ABCD at the same level.
This could give us a nice 2-3 day Pull back to look for long trades.
Time is key to this, if we get to the time and we are still in a sideways motion then it is invalid.
A rally into 177 would complete the pattern and give us the set up we look for with AI & patterns.
GoldViewFX - Market Review LEVELS & TARGET$$Hey All.
Lets start with the hourly chart. Price is currently challenging 1807. This level was already broken with EMA5 cross and lock confirming gap to 1816. This target remains open and in range. We will look to continue to buy dips and entries will be banked and secured 20 to 30 pips at a time, as we sit in this range. We expect swings and lowest price point target we can see is 1793 on the swing range, which has served us well last week with sweet entries for buys. We will continue to play buys within the swing range and will only stop if 1785 breaks with EMA5, which will open target to 1776
The strong support that we need to keep an eye on is 1766. This level has not been tested since mid December and giving us confidence in the bullish setups.
4h CHART
The price seems to be respecting the Goldturn trendline to support the move up and 1790 Goldturn also providing this support. A break on 1790 on this H4 chart with EMA5 will open the lower targets.
4H CHART RANGEVIEW
We are currently sitting in RANGEBOX 2 which is 1789 - 1826 the largest of the 3 ranges and right in the middle of the range between two Goldturns 1804 - 1814, which defines the immediate two challenges the price will test on market open. Using EMA5 cross and candle body close will give us the confidence to commit to the right break in direction.
DAILY CHART
1804 was challenged with EMA5 but it looks like the cross has failed and we can see EMA5 flatlining above it, gearing up for another 1814 hit. We will be looking to see, which one of these level is broken with EMA5 and candle body close to open target to 1778 or 1839
We remain Bullish buying dips and we will keep you updated daily with how we trade the levels in stages. Please follow us to keep updated and don't forget to hit like on the post, we really appreciate it.
We have been in this industry a long time but only recently started sharing on Trading view in the last 5 months and very quickly we have picked up a strong following, we thank all our followers for this. Our strategies are very different and unique and we have started to see a lot copy cats copying our content. Please be careful entertaining these people, its clear from all our date stamped posts on this platform, that all the content is ours and my personal reputation in this industry also confirms this.
GoldViewFX
XAUUSD TOP AUTHOR