Goldviewfx

Goldviewfx

We have updated all the levels and now waiting for price to be either rejected on this zone at 1796 and then to go and test 1778 for support. This level has plenty of historical Goldturns making it a strong level. We have closed all long positions for now. If we get EMA5 to cross and lock above this level with candle body close then 1808 level will open up. Our...

Goldviewfx Updated 

Gold has dropped down over 12000 points and now consolidating into a range. We are also approaching end of year and may see the price move sideways before making attempts for another breakout. We are expecting price to play within the overall range unless the price starts to play within the primary current range, in which case there's a stronger chance to...

Goldviewfx

We have updated our Daily chart levels, which we have not done for a while, as most were inline with our H1 levels before. We expected some bi directional movement for FOMC and that's what seems to be happening right now. We have outlined the levels and what we see the price doing. We will update new targets or any changes tomorrow. For now our plan remains...

Goldviewfx

Price resisted and rejected at 1790 level. We expected this level to hold and it did. We also have a clean break outside the Goldturn channel. We may see a test on 1778 Goldturn support level, which falls just outside of the channel and in line with MA200. MA50 has also crossed over MA200 confirming some further move up. If both these levels cross and price...

Goldviewfx

We posted this idea yesterday for market open identifying some key support areas and two Bull targets. BOTH BULL TARGETS DONE TO THE TEE !!!! We described how the price was respecting a descending Goldturn channel and how we identify when a channel is likely to be broken and the direction of the break. We identified a goldturn support within the channel that was...

Goldviewfx Updated 

We have two Goldturn support levels at 1770 and 1766 that are supporting price in this zone. Once this level is broken we will open targets below. For now while this level has been holding we have been buying the dips successfully. We have 1776 broken with EMA5 cross and candle body close confirmation, which has openned target to 1781. However first stop will be...

Goldviewfx

Hourly Chart The market has geared up for a range breaker movement and the leading setup and structure at this point will point towards a clear direction. However we try and minimise our positions during this time of the year, as the market tends to disconnect from a technical sequence. The price is currently challenging the top end of the Goldturn descending...

Goldviewfx

1770 supported due to the two goldturn support identified. 1776 and 1781 targets both HIT perfectly, as per our analysis. We will now review to see if we need to make any changes to our plan for our third target from earlier this week. Please don't forget to like, comment and follow to support us so we can continue to deliver the analysis we are providing....

Goldviewfx

BULL FLAG This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the of pole. BEAR FLAG This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole. Please don't forget to like, comment and follow...

Goldviewfx

Price found support at 1766 Goldturn after a big drop from 1877. Price retraced up to Fib level 23.6% and found temporary resistance here. We can see price heading towards 1805 Goldturn level, which is also in line with fib level 38.2%. If we see EMA5 cross with a candle body close above 1805 Goldturn then we can expect price to hit fib level at 50% at 1820....

Goldviewfx

We had 3 open active targets in order of sequence; 1774 and 1786 both got done and we were waiting for our third target 1796 to be hit. Price did the move and we nearly had the 1796 but got rejected at 1793. This was due to the Goldturn resistance level at 1793 acting as temporary resistance, as shown on the updated chart. However our target for 1796 is still open...

Goldviewfx

Our second target at 1786 is now done. We had the support target at 1774 done earlier and expected this to be supported for now, which played our perfectly. Now 3rd target at 1796 is due. We will review this and update with any changes and how we manage any changes. Please dont forget to hit like, comment and follow to see more updates on how we manage the...

Goldviewfx

Quick update on the outstanding intra day targets. 1774 done! now looking for support and then 1786 and 1796 due. We will update any changes, as the price plays out. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR

Goldviewfx

This is a quick update on a new level that we have identified in our setup. We have been buying dips and still targeting longs from good support levels. However we have just identified a Goldturn AXIS level at 1710, which is likely to hit at some point before some of our long term Bull targets. 1819 is still looking like a level that would be taken out before this...

Goldviewfx

We have updated the hourly Goldturn support and resistance levels. Price was supported at 1766 Goldturn and smaller Goldturns created above it. EMA5 has crossed 1778 with a candle body close, which opens target to 1794. 1808 is the challenge we are looking for. A break on this level will confirm 1830. We are still buying dips unless we see a break and close below...

Goldviewfx Updated 

We have updated our short term NFP Goldturn levels on the chart that the price will be respecting. If broken with indicator cross confirmation with candle body closing, it will allow us to identify the direction of the next stop. Buying dips is still working for us and we will only re-consider this direction once 1764 is broken. We are expecting another challenge...

Goldviewfx Updated 

We have a signal activated to 1797. If this target hits then that is a good entry for a sell, as per our report yesterday for the bearish movement we are expecting. Trade safe and remember to stick to a simple plan!

Goldviewfx

We have identified a new Goldturn axis level at 1764, which is likely to hit. a BREAK below 1764 axis is significant and if we get a confirmation and retest once broken we will not consider taking any further longs for the short term , as it will open targets to 1746 and 1726. If 1764 gold turn is HIT but not broken and re tested then we wil continue to buy the...