GOLD ROUTE MAP UPDATEHey Everyone,
It never ceases to amaze us how amazingly our levels allow us to confirm continuations and rejections.
Our last update yesterday we confirmed all our bullish targets were hit after ema5 cross and lock confirmations in each stages allowing us to track and trade the movement up.
We the stated that we will now look for ema5 to cross and lock above 2475 to open 2488 and potentially 2500 or a failure to lock above this level will follow with a rejection into the lower Goldturn support levels for bounces.
- This played out perfectly, as we had no cross and lock above 2475 confirming the rejection, which followed with the drop into the lower Goldturns for support bounces. We are now back in the range and therefore levels are active once again, which will allow us to track and trade the movement level to level.
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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2434 - DONE
EMA5 CROSS AND LOCK ABOVE 2434 WILL OPEN THE FOLLOWING BULLISH TARGET
2446 - DONE
2459 - DONE
EMA5 CROSS AND LOCK ABOVE 2459 WILL OPEN THE FOLLOWING BULLISH TARGET
2475 - DONE
BEARISH TARGETS
2421
EMA5 CROSS AND LOCK BELOW 2421 WILL OPEN THE FOLLOWING BEARISH TARGET
2408
2396
EMA5 CROSS AND LOCK BELOW 2396 WILL OPEN THE SWING RANGE
SWING RANGE
2380 - 2360
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Tradinganalysis
GOLD DAILY CHART UPDATE Hey Everyone,
Please see update on our daily chart structure that we have been tracking successfully for a while now..
Previously we had the cross and lock above 2355, leaving a gap open to 2405 and same with 2405 opening 2464, which were all completed and then followed with the rejection into the retracement range.
We the had 2355 retracement range providing support and the re-actional bounce, as analysed and we stated that we will either look for a ema5 lock below this level to open the range below or a failure to lock below this level will follow with the upper range tests again.
- This played out perfectly with no cross and lock below 2355 and therefore we got the perfect bounce re-testing all the targets above.
We now have 2464 test again and will need ema5 cross and lock to open the gap above. However, being the daily chart, we sometimes do not get the time to enter for the gap like the smaller timeframes, as the move gets done before the gap opens. Therefore, we can use a candle body close above 2464, as an earlier confirmation for the gap.
We have marked the charts with our unique 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 levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Yesterday we said we'd stick with the plan and continue to move with the market upside suggesting traders hold their longs from below and then add level to level trades. This has worked well for us again today, completing our Excalibur target upside and the hotspot in Camelot as well as the one we had shared with you all in the wider community. Although a little choppy, it's a clean structure.
Now we are here we have support below at the 2395 region, which could be a target level for the pullback. This level however is now on the flip and will need to hold the price up for us to continue higher into the regions 2415-20 initially and on the break we'll be looking at 2450 as the extension of the move. The problem we have now is the whipsaw that is expected during FOMC, and with it being the last trading day of the month tomorrow.
For now, a slight tap and bounce from the region, if you're in lets see if we get the pullback and where we close.
As always, trade safe.
KOG
GOLD ROUTE MAP UPDATEHey Everyone,
Like a broken record we smashed our targets once again in true level to level fashion.
Yesterday we stated that we were looking for a 2440 full retest and needed ema5 to lock above 2440 to confirm the range above.
- This played out perfectly with the 2440 re-test followed with the cross and lock opening 2449 and 2460. Both targets were hit completing this range with plenty of opportunity to get in for the action after the lock.
We are now looking for ema5 to lock above 2460 to open the upper levels that can be reviewed and tracked on our bigger multi time-frame analysis shared on Sunday.
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 in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULISH TARGET
2414 - DONE
EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT
2426 - DONE
2440 - DONE
EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT
2449 - DONE
2460 - DONE
BEARISH TARGETS
2401 - DONE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking at the key levels to give us RIPs. We started the week with a decent short into the support levels where we suggested the move could take us back into the 2350-55 region if 2370 was broken. That move gave us a wonderful opportunity to then capture that long trade we wanted taking us up into the Excalibur targets. During the week, we updated traders with our plans and continued to look long completing the week where we are now, but not the whole move!
A wonderful week for us on Gold and all the other pairs we trade and post targets for in Camelot.
So, what can we expect from the week ahead?
This week we’ll keep it simple and say expect more aggressive price action as well as a potential gap on opening! We have the key levels above sitting at 2420 and above that 2430-35 resistance. Below we have 2402 and 2395-90 support which need to hold price up in order for us to continue upside in attempt to create a new all time high.
We’ll start the week with caution and suggest going long up here is a little risky, so instead, we’ll be looking for the resistance level to hold down the price, and upon a confirmed reversal, we feel there may be a short trade on the cards into the lower support levels. The first level we feel there may be a small RIP is the 2430-35 region, but only for scalping into immediate support levels. It’s that level above, 2460-75 which is a huge region that is sticking out to us at the moment, and if propelled into, could give us the opportunity for a nice short trade. If held and upon a clean set up.
On the flip, we need to break below 2395 and close below it in order to then see lower pricing, so if there are any aggressive whipsaws, expect price to target that region and take the BE traders from Friday.
KOG’s bias for the week:
Bullish above 2390 with targets above, 2430 and above that 2350
Bearish on break of 2390 with targets below 2375 and below that 2365
As we said above, it’s a simple and quick report this week, we’ll update traders as we usually do through the week.
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.
KOG
GOLD MARKET UPDATEHey Everyone,
A great finish to the week with all our chart ideas playing out perfectly and, as per our daily updates throughout the week.
After tracking the move down earlier this week and then riding it up inline with our plans to buy dips, we finished off yesterday with needing to see see ema5 cross and lock above 2403 weighted Goldturn to open 2414 and 2425.
- This played out perfectly today for the perfect ride up completing this range. We had a correctional move down into 2390 changing previous resistance to support for another bounce completing 2414 once again and now heading for the 2425 test again. DOUBLE BUBBLE ACTION!!!
BULLISH TARGET
2390 - DONE
EMA5 CROSS AND LOCK ABOVE 2390 WILL OPEN THE FOLLOWING BULLISH TARGET
2403 - DONE
EMA5 CROSS AND LOCK ABOVE 2403 WILL OPEN THE FOLLOWING BULLISH TARGET
2414 - DONE
2425 - DONE
BEARISH TARGETS
2378 - DONE
EMA5 CROSS AND LOCK BELOW 2378 WILL OPEN THE FOLLOWING BEARISH TARGETS
BEARISH TARGETS
2364 - DONE
2355 - DONE
We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
THE KOG REPORT THE KOG REPORT:
In Last week’s KOG Report we said we would be looking for the price tap into the lower support region marked as bullish above and for the long trade to present itself, which worked a treat. We then said we would be looking into the order region resistance level for the short trade to carry the price back down, which also worked well but although we achieved a huge return on the trades, price used that same 2320 level to hold and give the push up, which we updated traders with. We managed to capture the short and the long before we update the plans and continued to trade upside until NFP.
The NFP report gave 3 levels we were looking to either buy from or sell from, the lower level we suggested we’d get a RIP from tapped and bounced perfectly taking price into the region we had suggested for the long trade. Again, both those who were long and short got the near pip perfect entry and exits on their trades before the market closed.
A blinding week in Camelot not only on Gold but all the other pairs we trade, analyse and Excalibur tracks.
So, what can we expect in the week ahead?
Another jam packed week on the news front but we should start with clean gradual movement. We have some key levels this week 2405-10 being a major hurdle and 2370-75 being a key level for support. We would like to see price attempt that high in the coming session, and if achieved and rejected we feel the move downside into the support region 2380 and below 2370 in extension are on the cards. It’s these support levels that need to hold price up for us to continue the bullish move, if broken below we’ll again be seeing 2350-55 which is where the move started from.
On the flip, if we do start the week with a move downside, we’ll be looking at those support levels to reject, give us the RIP for the trade upside to clear that liquidity before then assessing the PA above 2400 to establish whether we can see higher or not. It’s a simple one with two plans, up first and we’ll look to short it, down first, and unless broken we’ll look to long it. If we get that long from below and break above that 2310 region, we would suggest traders hold long trades for further advances looking at least towards the 2450-55 region.
Our view still remains with caution on the upside movement, so please play this carefully, we’re still within this sideways movement and accumulating on a large scale, that’s all. It needs to confirm the move to go at target the all time highs and at the moment it could just be another range high before a big swoop towards the range low. We’ll trade it how we see it, level to level and continue to stay the right side of it. Monthly however, suggesting higher at the moment, so lets see.
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.
KOG
GOLD ROUTE MAP UPDATEHey Everyone,
This is an update from the XAUUSD chart idea we shared for this week.
Absolutely smashed !!!!!
We got our retracement into the identified level and then the perfect bounce clearing all our Bullish targets.
Cross and lock above each weighted levels on this idea gave the confirmation for each of our targets, which were hit perfectly.
We are now seeing a break above 2364 with a gap open to 2376. We have already completed this chart idea and due to NFP will not be chasing the bull from the top and will only consider from dips
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 in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2332 - DONE
2339 - DONE
EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2349 - DONE
POTENTIALLY 2354 - DONE
EMA5 CROSS AND LOCK ABOVE 2354 WILL OPEN THE FOLLOWING BULLISH TARGET
2364 - DONE
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!
Mr Gold
GoldViewFX
AUROPHARMA/SWING TRADE # STRONG CANDLE CLOSE
#TRADING WITHIN A PATTERN
# SL 1200
ALWAYS TAKE RISK REWARDS INTO ACCOUNT. IT IS THE CORE STRENGTH OF TRADING.
NO MATTER WHAT END OF THE DAY WHAT YOU EARN - WHAT YOU LOSE =RETURNS
"Investing in the stock market involves balancing risk and reward. Higher potential returns typically come with higher risk, while safer investments may offer lower returns. It's essential to assess your risk tolerance and investment goals carefully. Diversifying your portfolio can help manage risk. Remember, informed decisions and a long-term perspective are key to navigating the complexities of the market."
VBL/SWING TRADE# ENGULFING CANDLE AT RTST LEVEL
#TALING SUPPORT FROM MA21 EMA 21
# SL 1573
ALWAYS TAKE RISK REWARDS INTO ACCOUNT. IT IS THE CORE STRENGTH OF TRADING.
NO MATTER WHAT END OF THE DAY WHAT YOU EARN - WHAT YOU LOSE =RETURNS
"Investing in the stock market involves balancing risk and reward. Higher potential returns typically come with higher risk, while safer investments may offer lower returns. It's essential to assess your risk tolerance and investment goals carefully. Diversifying your portfolio can help manage risk. Remember, informed decisions and a long-term perspective are key to navigating the complexities of the market."
QNTUSD Insight: Key Support at $74 & Bullish Projection for 2025In this analysis, we delve into the promising prospects of QNTUSD, highlighting its current strong support at $74. This level presents a significant opportunity for potential gains, making it a critical point of interest for traders. Should this support hold, the likelihood of a substantial upward movement is high. However, in the event of a breakdown, the next robust support level is at $58, which also offers an 80% chance of a bounce back. This optimism is bolstered by the anticipation of an upcoming Altcoin season, expected to peak by November or October 2025.
Looking at historical data, QNTUSD’s bull run targets are impressive. The minimum target we foresee is $762. If this resistance level is surpassed by March 2025, the potential for further growth is immense, with a maximum target of $4224.7. It’s crucial to note that this Altcoin season is projected to extend until late 2025, making it essential for traders to plan their exit strategies within this timeframe to maximize returns.
Our analysis suggests that traders should closely monitor these support and resistance levels. The $74 support is a key area to watch for potential bullish momentum, while the $58 support provides a critical fallback position. This strategic approach, combined with an understanding of the broader market trends, will be vital in navigating the upcoming Altcoin season.
For those keen on staying ahead with in-depth market analysis and gaining insights into upcoming trading ideas, we encourage you to follow us on TradingView. Doing so will enable you to leverage future opportunities and optimize your trading outcomes. Stay informed and maximize your trading journey by following our expert insights.
GOLD CHART UPDATEHey Everyone,
Great finish to the week with another nice catch from the dip.
Not much to update today, as we saw price play between both weighted levels like we suggested yesterday. Currently back to testing the 2322 level again. We will need to see ema5 lock above or below either level to open the next range.
We will now come back Sunday with our multi time-frame analysis, Gold route map and trading plans for the week ahead.
Please don't forget to like, comment and follow to support us, we really appreciate it!
As always, have a great weekend with family and loved ones.
Mr Gold
GoldViewFX
Bitcoin - Channel, Breakout and a $250.000 Target!Hello Traders and Investors, today I will take a look at Bitcoin .
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Explanation of my video analysis:
On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the previous all time highs at $65.000. If we see a breakout, the next resistance is all the way up at $250.000.
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Keep your long term vision,
Philip (BasicTrading)
🟣⚙️ DOT Trade Analysis ⚙️🟣📉 Market Outlook:
Polkadot (DOT) has reached a significant support level after consolidating for approximately five days.
This presents a potential low-risk opportunity to initiate a long position.
🎯 Trade Plan:
Entry Range: Consider entering the trade between $6.00 and $6.50, aligning with the current major support.
Profit Targets: Aim for profits at $8.00 - $8.50 or $9.50 - $10.00 resistance levels.
Stop Loss: Implement a stop-loss just below $5.70 to manage downside risk.
📈 Trading Strategy:
Entry: Initiate a long position within the specified range.
Targets: Take profits at identified resistance levels.
Risk Management: Utilize the specified stop-loss to mitigate potential losses.
🚨 Note: Stay attentive to market movements and adjust your strategy accordingly! #DOT #TradingAnalysis #CryptoTrade 🌐📊
BITCOIN TO 100K SOON ✨Bitcoin has been moving in an uptrend since the beginning of 2023. By looking at the current price action and using the impulse-correction-impulse concept, we can see that Bitcoin is preparing for another upside move toward 100k. Using Elliot Wave theory, we are now in wave 4 ( Correction ), and what we are expecting is wave 5 ( Impulse ).
LONG Entry:
- Look for the rejection of channel support and 0.382 Fibonacci level
- Wait for the first bullish candle to be printed
- Stoploss: below the bullish candle after entry
- Target: 73k, 83k, 96k, and 109k
Good Luck and as always trade safe!
EURUSD - Be Ready For The Final Wave ✈EURUSD has been recently moving in an uptrend. According to Elliott waves, an uptrend has 5 waves where we have 3 waves in the form of an impulse and two waves in the form of a correction. We are currently in wave 4 ( Correction ) and looking for wave 5 ( Impulse ).
LONG Entry:
Watch for a bounce-off Wave 1 structure that lines up with the 0.5 Fibonacci level and with the major uptrend.
- Stoploss: Below structure
- Target: -0.27 Fib level and channel resistance
- Invalidation: Break of structure and uptrend
Good Luck, and as always trade safe!
EURUSD - IMPULSE CORRECTION IMPULSE 🚨EURUSD has been in a complex correction for several days. Looking for price to complete its retracement to 61.8 - 78.6 fibonacci levels where we'll be looking for buying opportunity.
LONG Setup:
- Watch for a reversal pattern around fiboacci levels.
- Stoploss: Below Price after entry or below recent lows ( safer ).
- Target: Recent highs and -27 fib
Good Luck and trade safe.
DOA trading Strategy - SPX, SPY, US500Sorry I haven't posted in awhile, here's a quick analysis on SPY.
As mentioned from the last SPY analysis back in October 27, 2022 that we're still correcting in the market.
Now here's an update after finishing that correction in the market.
(#SPY) - Update, we're finally finishing this nice retest on SPY after breaking the downtrend.
We can drop more to $395 area but and if we hold there expect SPY to hit $427 next.
🎂💹 CAKE Trading Strategy - Laddering Within Support Zone! 🚀📊🔍 Strategy Overview:
Condition: Testing the $3.00 - $3.15 support area.
Entry Criteria: Ladder entry within the support zone.
Targets: Aim for the next resistance levels at $3.45 or $3.65 - $3.80.
Risk Management: Set stop-loss just below $2.80.
📢 Analysis: Utilizing laddering within a strong support zone provides flexibility. Keep an eye on market dynamics and adapt as needed. 🌐🚀
#CAKE #CryptoTrading #RiskManagement 💰📈
EURNZD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY .
! Great BUY opportunity EURNZD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Share Your Analysis🎉🎉Hello Traders, today I do not have an analysis for you.
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Share your setups/trades in the comments:
Below this post you can simply share you current setups/trades and I will personally take a look at every single setup and share my analysis and opinion. I will then also share a new image containing my breakdown of your asset. You can literally share any asset (stock, crypto, index, forex etc.).
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Keep your long term vision.