RNDR High probability that the bottom is hereWith members I post step by step, here I want to show how I see cap and candle and bottom formation. For now, RNDR is one of the few that shows that the correction is over. Of course, below 8$, this setup is canceled.
On every page where I see a breaking point, I will try to publish it as soon as possible, and any discussion is welcome. Follow and support if you want to see more of this
Certainly a good area for investment
Tradingisgnals
GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATEHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
The swing range bounce provided the momentum for price to break back into the channel. We were then looking for support within the channel.
- 3 weeks price action provided support on the channel bottom followed with our 2048 Axis target hit.
2 weeks prior we had a candle body close above 2048 axis level confirming further play within the channel. Ema5 cross and lock above 2048 axis will further confirm movement to challenge 2092 and the channel half-line. We have the candle body close but no ema5 lock yet.
We got the push up but fell short of the 2092 target, as no ema5 lock above 2048 yet and therefore we saw price retrace down and we stated we were most likely seeing the drop to attach to ema5 and test channel support
- We got the drop into the ema5 detachment and channel support, as suggested above
We are still sitting in the channel structure and supported by many variables in this range from support on the channel bottom, retracement range, Goldturns and the swing range all close by providing a strong support structure.
We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATEHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months.
The swing range bounce provided the momentum for price to break back into the channel. We were then looking for support within the channel, which 2 weeks price action provided on the channel bottom followed with our 2048 Axis target hit.
Last week we had a candle body close above 2048 axis level confirming further play within the channel. Ema5 cross and lock above 2048 axis will further confirm movement to challenge 2092 and the channel half-line. We have the candle body close but no ema5 lock yet.
We got the push up but fell short of the 2092 target, as no ema5 lock above 2048 yet and therefore we are now seeing price retrace down, most likely to attach to ema5 and test channel support.
We are still sitting in the channel structure and supported by many variables in this range from support on the channel bottom, retracement range, Goldturns and the swing range all close by providing a strong support structure.
We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GOLD ROUTE MAP & TRADING PLANS FOR THE WEEK AHEADHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price sit between two weighted levels for a test and break on either Goldturn to confirm the next level.
A bearish test to support at 2048 and a break and lock below this level will open the retracement range. However, support here and we are likely to see a test at 2063 Goldturn. A cross and lock above 2063 will open the range above.
Price is playing in a central range in this overall structure and likely to see big swings either way. We will be managing a tight risk model to be able to move move with the swings without over exposure.
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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2063
EMA5 CROSS AND LOCK ABOVE 2063 WILL OPEN THE FOLLOWING BULLISH TARGET
2071
2086
BEARISH TARGETS
2048
EMA5 CROSS AND LOCK BELOW 2048 WILL OPEN THE FOLLOWING BEARISH RETRACEMENT TARGETS
2040
2032
EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SWING RANGE
SWING RANGE
2019 - 2002
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our 4H chart with updated levels and targets.
Market is ranging between 1936 and 1976 support and resistance structures with another re-test at 1976 looking likely. Price has broken out of the channel and looking for a retest on the channel top for support, also inline with the retracement range. Support here and we are likely to see 1948, 1963 re-hit.
A break below the retracement range will open the swing range, also inline with the channel bottom.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1963
1976
EMA5 CROSS AND LOCK ABOVE 1976 WILL OPEN
1993 - 2005
BEARISH TARGETS
1948
1936
EMA5 CROSS AND LOCK BELOW 1936 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1899
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
Our chart idea and levels have been respected perfectly with our retracement range holding once again and supporting the price again for a nice push up today. We caught the move inline with our plans to buy dips for a nice finish back to benchmark move.
EMA5 has also broken the weighted level leaving a gap to 1979. As always we only take entries from dips using our levels and don't chase targets from the top.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1952 - DONE
1963 - DONE
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN 1979
19798 -
BEARISH TARGETS
1937 - DONE
EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1895
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
Our 4H chart idea is now also complete like our 1H chart idea, hitting all our active targets from the retracement range into the bullish targets inline with our plans to buy dips.
We are now seeing price test the 1962 level. We will need to see a cross and lock above this weighted level to open the range above otherwise a rejection to follow. Our 1H chart already has a lock above 1961 opening the upper range.
The retracement and swing range are all areas of potential bounces to capture some movement.
We will continue with our plans to buy dips and track the movement level to level with our EMA5 cross and lock confirmation and our algo generated targets.
Our long term projection still remains Bullish.
BULLISH TARGETS
1962 - DONE
EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN 1982
BEARISH TARGETS
1942 - DONE
1934 - DONE
EMA5 CROSS AND LOCK BELOW 1934 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1899
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
As you can all see our 1h chart ideas is playing out perfectly. We got the retracement into the identified range and then a nice push up covering the range of targets again 1994, 2004 and just fell short of 2013 due to MA200 acting as dynamic resistance. EMA5 has locked above 2004 leaving the gap open to 2013.
We will now wait patiently for the full range test back to 2013 - 2025. As long as EMA5 remains above the retracement range the upper targets remain strong. However, a EMA5 break below 1984 will open the swing range, in which case we will manage our risk accordingly when planning to buy dips.
We plan to continue with our plans to buy dips inline with our long term plans from strategic support levels.
BULLISH TARGETS
2013 - DONE
2025 -
EMA5 CROSS AND LOCK ABOVE 2025 WILL OPEN 2040, 2050
2040 -
2050 -
BEARISH TARGETS
1994 - DONE
1984 - DONE
EMA5 CROSS AND LOCK BELOW 1984 WILL OPEN THE SWING RANGE
SWING RANGE
1960
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart Goldturn levels and targets.
Price closed above 1987 Goldturn on Friday leaving a gap target to to 2005 Goldturn.
Price is challenging a resistance structure so we may see some reaction here and therefore highlighted a potential retracement zone at 1948. If we see further Bullish momentum then we would look for EMA5 cross and lock above 2005 to open targets towards the upper structure.
We will continue with our plans to buy dips to avoid swings in this volatile range.
BULLISH TARGETS
2005
EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN
2024
2035
2060
BEARISH TARGETS
1987
1968
1948
EMA5 CROSS AND LOCK BELOW 1948 WILL OPEN 1924, 1906, AND 1882
SWING RANGE
1882
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!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
Our 1H chart trading idea is playing out as analysed. We advised yesterday that EMA5 cross and lock above 1845 structure leaving a gap open to 1857 and 1863 of which 1857 was hit today. This followed with the expected 1845 retracement target also HIT.
1863 is now the last resistance target left open on this structure. We will continue with our plans to buy from dips and manage any positions accordingly.
If we see a break below 1845 then we are likely to see the swing range open. This allows us to manage our exposure accordingly when considering our plans to buy dips.
BULLISH TARGETS
1857 - DONE
1863
BEARISH TARGETS
1852 - DONE
1845 - DONE
SWING RANGE
1825
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!
GoldViewFX
XAUUSD TOP AUTHOR
