Tradingideas
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Following on from yesterdays update, after clearing 2867, 2894 and 2924, we had no further cross and lock confirming the rejection for the move down into the lower Goldturns.
We then stated that the lower Goldturns are providing support for the bounce and establishing a range between 2867 and 2924 and we will look for a test and cross and lock on either level to determine the next range.
- This is still playing out, between the range we heighted, allowing us to safely buy dips.
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
2867 - DONE
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952
EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
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
Costco Wholesale: Robust Earnings Support Bullish Trend◉ Technical Observation
● The stock price is exhibiting a strong uptrend, moving within an ascending parallel channel.
● A recent breakout from a rounding bottom pattern has propelled the price higher, nearing the upper boundary of the channel.
◉ Two Possible Scenarios
1. Rejection and Pullback: The price may face resistance at the upper end of the channel, leading to a potential decline.
2. Breakout and Continuation: Alternatively, the price may break through the upper boundary, sustaining the uptrend and driving the stock higher.
◉ Q1 FY25 Result Highlights
● Net Income: Up 13.1% to $1.79 billion, compared to $1.58 billion in Q1 FY24.
● Comparable Sales: Increased by 5.2% in the US and 5.8% in Canada.
● E-commerce: Comparable sales soared by 13%, with adjusted e-commerce comparable sales rising to 13.2%.
● Membership Revenue: Grew by 7.8% to $1.166 billion, reflecting strong customer loyalty.
● Gross Margin: Improved by 24 basis points to 11.28%.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Another great day on the charts today with our chart idea playing out, as analysed.
Yesterday we completed our 1H chart idea and today we update you on our 4h chart idea that we shared earlier this week.
Once again we started with our Bullish target hit at 2867 followed with ema5 cross and lock opening 2894, which was hit perfectly with a further cross and lock above 2894 opening 2924 also hit completing this range. No further cross and lock above 2924 confirmed the rejection for the move down.
The lower Goldturns are providing support for the bounce and establishing a range between 2867 and 2924. We will look for a test and cross and lock on either level to determine the next range.
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
2867 - DONE
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952
EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
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
GOLD ROUTE MAP UPDATEHey Everyone,
A perfect finish to this chart idea with our final target at 2923 now complete.
Yesterday we started with our Bullish target 2872 and then cross and lock confirmed 2885 and 2898, which was hit perfectly. This followed with ema5 lock above 2898 opening 2911 and 2923. We got the 2911 target and stated that if 2898 and 2885 Goldturns provide support now, we may get the momentum for the 2923 test sooner rather then later.
- 2898 provided the support and we got the final target at 2923 to complete this chart idea.
We spent the rest of the day buying dips from the lower weighted Goldturns, which is providing the support and bounce.
We are back within this chart range and therefore can continue to track the movement here. However we also have our 4h chart idea to track the remaining range
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
2872 - DONE
EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET
2885 - DONE
2898 - DONE
EMA5 CROSS AND LOCK ABOVE 2898 WILL OPEN THE FOLLOWING BULLISH TARGET
2911 - DONE
2923 - DONE
BEARISH TARGETS
2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE RETRACEMENT RANGE
2836 - 2819
EMA5 CROSS AND LOCK BELOW 2819 WILL OPEN THE SWING RANGE
SWING RANGE
2807 - 2794
SECONDARY SWING RANGE
2782 - 2764
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
GOLD ROUTE MAP UPDATEHey Everyone,
A super PIPTASTIC start to the week!! Our chart idea is playing gout perfectly with cross an lock confirmations giving us plenty of time to get in for the action.
We started with our Bullish target 2872 hit followed with ema5 cross and lock opening 2885 and 2898, which was hit perfectly. We then had ema5 lock open above 2898 opening 2911 and if momentum allowed 2923. We got the 2911 for the perfect finish on the nose at 2911 with exhaustion of momentum and therefore no 2923.
A further candle body or ema5 lock above 2911 will further confirm the final run at 2923 on this chart. If 2898 AND 2885 Goldturns provide support now, we may get the momentum for the 2923 test sooner rather then later.
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
2872 - DONE
EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET
2885 - DONE
2898 - DONE
EMA5 CROSS AND LOCK ABOVE 2898 WILL OPEN THE FOLLOWING BULLISH TARGET
2911 - DONE
2923
BEARISH TARGETS
2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE RETRACEMENT RANGE
2836 - 2819
EMA5 CROSS AND LOCK BELOW 2819 WILL OPEN THE SWING RANGE
SWING RANGE
2807 - 2794
SECONDARY SWING RANGE
2782 - 2764
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
USDJPY - Analysis and Potential Setups (Intraday- 10.02.25) Overall Trend & Context:
The OANDA:USDJPY pair is in an overall downtrend on the higher time frames and has reached highly significant support/demand levels. Lower time frame has given bullish indications, we can try to capitalize on this.
Technical Findings:
Price broke above the 200 EMA - this can act as dynamic support so watch current levels.
Demand zone was formed after sweeping internal liquidity (which resulted in an impulsive bullish break).
RSI shows overbought conditions - resulting in a pullback which is what we want to see to confirm price action (currently trading below the 50% level of the RSI)
Potential Scenarios:
Since we have seen a reaction off HTF supply zones we should wait for proper confirmations prior to entry.
If the demand fails, short positions should be considered - analysis will need to be adjusted to adapt to changing supply levels.
USOIL it will go down and then up the price movement of WTI Crude Oil (USOIL) on a daily timeframe. It highlights a range between approximately 66.70 and75.21, suggesting potential price targets. The market is currently trading near the 71.41 level, within this range. A breakout above75.21 could indicate a bullish trend, while a drop below $66.70 might signal a bearish move. The chart suggests a period of consolidation with possible directional movements in the near future.
EURJPY - Intraday forecast, Technical Analysis & Trading Ideas💡 H4: ShortTerm Forecast:
Price rejected from Downtrend and Sell Zone.
Sell Zone: 163.18 ~ 164.84
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 164.84
💡 H1: Intraday Forecast:
The Uptrend is broken, and the price could start an impulse wave.
Sell Zone: 162.71 ~ 163.18
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 163.18
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 and price play between two weighted levels with a gap above at 2867 and a gap below at 2833. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
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
2867
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2958
EMA5 CROSS AND LOCK ABOVE 2958 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
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
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see our new daily chart idea after completing our last daily chart idea last week.
We have now drawn a new channel in our unique way to establish the trend range and currently seeing price play between 2827, the channel half line support and 2904 axis resistance level.
We will need to see 2904 level broken for a continuation to test the channel top and we also have the channel half line below to establish floor to provide support for the range. A break below the half line will open the lower part of the channel to establish floor on the channel bottom.
]This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
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 using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to 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
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our monthly chart idea for our long term/range analysis.
Our Monthly chart idea is now finally complete from candle body close above 2702 leaving 2825 axis target open, which is now hit and complete.
Please review all the historical updates below to see how we have been tracking this chart over several months. We will share a new long range monthly chart idea from next month.
LAST UPDATES OVER THE PREVIOUS MONTHS
Previous month in December we stated that the month started with a detachment to ema5 below for a correction, which was highlighted with a small mini circle on the chart for visual purpose.
- This detachment to ema5 was completed perfectly.
We also stated last month in December that the area above 2589 is a strong level of support with ema5 providing dynamic support now for a bounce.
- This also played out perfectly with ema5 providing dynamic support and above our 2589 support level for the push up, perfectly hitting our axis target 2702.
We then stated that we had two days for month end and will need a body close above 2702 for confirmation for a further continuation or a body close below 2589 to confirm the channel top test below. We also stated that if price closes this month in this range without the body closes, then we are likely to see play between this range for another month with not much detachment on the next monthly candle to ema5, which means the likely dynamic support should be provided by ema5 from the beginning of the month.
- This played out perfectly in January as the the ema5 provided the dynamic support right from the start, which followed with a nice push up. We now also have a candle body close above 2702 leaving a gap to 2825 Axis our long term target that we have been tracking over the months.
We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend.
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
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
A PIPTATSIC finish to the week completing and smashing all our chart ideas across our multi time-frame analysis.
We finish off today with an update on our daily chart idea that we have been tracking for a while now, level to level, to the finishing line today!!
After completing all our targets with candle body close and/or ema5 lock confirmation, we were looking for a body close above 2797 to confirm a continuation into 2840.
- This was hit completing this chart idea for the perfect finish.
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
TOSHI/USD Bearish Phase is Over! Is a Bullish Breakout Coming?After a prolonged bearish correction, TOSHI/USD is flashing signals of a potential breakout. If you're still stuck in a bearish mindset, you might be missing the next big move!
🔥 Key Bullish Signals:
✅ Higher Lows Forming – Buyers stepping in at stronger levels.
✅ Volume Surge
💡 Trading Idea:
🎯 Long Entry: Look for confirmation above with strong volume.
📢 Final Takeaway: If TOSHI/USD holds key support and breaks resistance, we could see a strong rally. Stay alert and trade smart!
💬 What’s your outlook on TOSHI? Drop your thoughts below! 👇
#TOSHIUSD #CryptoTrading #BullishBreakout #TradingIdeas #TrendReversal #Altcoins #CryptoMarket