Ex2, Buy the Rumor Sell the NewsLet’s look at the recent news with Ukraine.
Anyone who bought the US rumor about Russian aggression profited in weapons manufacturing stocks from December to present day.
This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets.
- The US has been working of possible Russian invasion since December 2021
- Biden publicly proclaimed this warning on Jan 27
- Invasion started last week.
Raytheon Technologies is up 20% from December 2021. Seeing new all time highs
- On Dec 20 $RTX has double bottom and golden cross on Jan 6
- Currently the price is consolidating at upper resistance,
- Upward movement likely to continue if NATO anxiety over Russian aggression will most likely continue to bolster the price of weapons stocks for now and into the near future.
Buysetup
GoldViewFX - MARKET UPDATEHey everyone,
Just a quick end of day/week update to close of. We had a fantastic week calling targets and catching the move all the way up and the exit for the drop and then we targeted 1909 and 1921 again for the second time from the drop yesterday. As you can see both targets 1909 and 1921 hit perfectly!!!
We had a drop from 1921 AXIS today, which gave us the exit needed and now sitting within the swing range of the bullish structure. Always zoom out of the chart to see what its telling you and don't let momentum driven movement throw you off your plan.
For now we expect some retracement down within the swing range followed by some ranging side by side movement. We remain Bullish but buying only from dips at support and taking exits on Goldturns so we don't get stuck in any correctional drop in price. We will keep you all updated with targets that we identify throughout the week with setups to catch them.
We will post a detailed market review and blueprint roadmap for the coming week on Sunday. In the mean time enjoy the weekend and don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATEWe posted this daily chart with TARGETS mapped out a month ago.
We have now HIT all targets - 1857, 1900, 1927, 1952, 1977, BOOOOM !!!!!!!
The daily chart structure remains very much Bullish. We have also moved the swing range up and adjusted the Goldturn trendline to support our setups. The chart has room for retracement and therefore we will be using the H1 and H4 levels to buy dips from support.
We remain Bullish and our plans to buy dips still remain strong. We will update any changes to this accordingly.
Thank you all for your likes and comments, we really appreciate it!!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATEHey All,
Sharing update on our 4h chart.
All targets HIT and although we had a sharp drop from 1974 to 1878 the 4h candle wicked out (highlighted on the chart) from the Goldturn half-line, maintaining the bullish structure.
We expect to see some ranging and then a challenge again at the Goldturn channel top. Unless we see EMA5 break below 1897 with a candle body close, we will remain Bullish. Price and EMA5 remaining above 1897 helps us continue with our plans, Any changes to this and we will be sure to update you all.
Don't let the news and market manipulation fool you. I keep it simple and follow what the chart shows me. And right now price is back to where we started and that's after all the action!!!! Like I always say.....BACK TO BENCHMARK!!! (SEE RELATED POST)
Please don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$REVBRevelation Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on the development of immunologic-based therapeutics and diagnostics for the prevention and treatment of disease. The company's lead therapeutic candidate is REVTx-99, an intranasal immunomodulator to prevent or treat infections caused by various respiratory viruses, such as SARS-CoV-2 comprising its variants, influenza A and B, parainfluenza, rhinovirus, and RSV, as well as is being developed for other indications comprising allergic rhinitis and chronic nasal congestion. It also develops REVTx-200, an intranasal immunomodulator adjunct to be used in combination with an intramuscular vaccination for immunity; and REVDx-501, a rapid home use diagnostic to detect respiratory viral infection. The company was founded in 2019 and is based in New York, New York.
GoldViewFX - 1H CHART MARKET UPDATEHey All,
Quick update on the 1H CHART.
I like this chart, as key Goldturn levels have been updated with strong support and resistance highlighted in red for buying and selling.
We had the support test at 1891 zone we identified for buys and we took the ride up confidently, managing our risk with the swing range in mind. 1912 still open and only 20 pips away but we have taken profit and will now observe and wait for another entry. Next Immediate target in range is 1912.
Thank you all for your support and as promised we will continue to invest our time and resources to provide daily updates and analysis. Please kindly like, comment and follow to support us!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H Chart Market UDPATEHey Everyone,
End of day update for you all. As you can see from yesterdays chart our analysis played out beautifully !!!
We had the support test at the 1890 zone (Goldturn channel Half line) exactly like we identified and then took buys to 1903 and 1909 TARGETS. We also have 1920 Target but we closed profit, as price reached the Goldturn channel top and we may see some resistance here and therefore banking early and waiting for retracements will be the best option to continue buying dips.
For now we need EMA5 break with candle body close above 1909 to confirm breakout of the channel and provide us with the confidence to continue with the technical trend.
We will continue to buy dips but will wait for the right opportunity. As always we will keep you updated with any changes to our plans.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART LEVELS & TARGETSHey Everyone,
The 4H CHART trading idea played out perfectly.
We have now updated the levels and targets.
The Goldturn channel was respected well, supported on the half line and HIT our 1909 target at the top of the channel. If the half line supports well, we may get our 1921 AXIS HIT sooner before any deeper corrections.
We need to keep in mind the swing range when taking longs should price find resistance on the top of this channel. We are hoping the Half line of the channel provides the support needed to hit 1909 again and above without testing the full swing range. However we cant ignore this swing range, as it looks more significant here on the 4h chart due to the Goldturn channel.
We remain Bullish buying dips, however we will also consider any sell setups at this range should any signals activate for us.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
NZD/CAD Will it make the retracement now?Monthly:
In monthly time frame the price is over extended. Also, there is an extended M formation, and the price created an imbalance where I expect to set my take profit to the imbalance area. We could definitely expect a move to the upside.
Weekly: The price is overextended so we could definitely expect the correction to the upside. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
Daily: There is an impulse correction pattern. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
All the confluence are in our side. The situation here is clear the movement to the upside is most likely to happen.
GoldViewFX - 1H CHART MARKET UPDATEHey Everyone,
Yes we called it again 1912 TARGET HIT BOOOOOM $$ !
The 1891 Goldturn support held well like we expected and gave us more buy entries, which we took 20 to 30 pips at a time.
We remain Bullish and expecting another 1912 challenge and will continue to buy from dips. We need to see a EMA5 break on 1912 to open 1920 and if we have a candle body close with it, it will open 1931.
However any sell signals at 1912 or 1920 are also safe to take with small LOTS and with 20 pip exits.
I am taking buys from support and keeping the SWING RANGE in mind for Stops.
As always we will post updates should our setups change, so please stay tuned for updates.
Thank you all for getting us over 100 likes on each of our posts. We really appreciate it!!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD continuation BUYS!As tensions around the world heat up so does the gold buys... if you traded gold during the trump presidency you know how wild it can be to day trade lol. As we see huge upside expect for some sharp sell offs, that's where ill be looking at adding positions for a lot more upside!
GoldViewFX - Market UDPATEHey Everyone,
Quick update on our plans and the market. Although a US holiday, we were able to BANK PIPS in true traditional fashion!!!!
Our target for 1912 is still open and as planned we are only taking buys from dips from support. We were expecting retracements down to 1884 levels of which we achieved 1887, which gave us nice buy entries that we banked on the push up again.
Although we have a target of 1912, taking buys from dips and getting out with 20 to 30 pips is the safest way to catch the ride. This gives us the opportunity to make more pips by taking exits and getting re-entries for the same target. This provides two advantages;
1. We get to milk more pips, as bonus for the same target and then the final TP.
2. Should the market reverse on us and plans change for our target to 1912, at least this way we were able to minimize potential losses by having the opportunity to bank a few times from the dips even without the final TARGET to TP.
We are only able to follow this setup confidently due to the current market structure.
1891 seems to have formed 3 recent Goldturns providing some strong short term support that may provide the momentum needed for our target. However we will manage risk according to the swing range.
Please don't forget to Like, Comment and Follow to support our work. We really appreciate it and we are also really proud to see over 100 likes on our recent posts.
GoldViewFX
XAUUSD TOP AUTHOR
$SPYThe investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
GoldViewFX - GOLD MARKET REVIEWHey Everyone,
Okay let's get ready for another week of trading. We remain Bullish in our outlook and we continued our plans on buying from dips from support areas last week. We will continue with the same plan this week, as our setups support the structure of the market and we will wait patiently for those entries.
1912 is our Next Bull target but its not one we will target directly from this price range. This is how traders get stuck!
We have identified a retracement range of 1884 and a swing range of 1867. These two levels can easily be taken out in the course of this weeks action and therefore will be considering this when picking entries and identifying stops and managing our risk.
Taking buy entries from the dips and banking 20 to 30 pips at a time allows us to protect profits on the ride up and get out earlier, should the need arise with minimal exposure rather than getting stuck in the swings. We remain bullish above 1854 and comfortable with this setup for buys.
DAILY CHART
The daily chart view is very much Bullish and 1912 is also inline with our analysis, as a target.
We have drawn a Goldturn channel here, which is being respected well and should this continue, we will expect a support challenge in the range of 1854 at some point, which is also inline with our analysis before resuming back up to break 1912 and open 1933.
We will continue to buy from support levels and take 20 to 30 pips at a time, at the same time we will be confident in taking sell signals from resistance levels at this range. We will keep you all updated with regular updates with any changes to our plans and setups daily.
Please don't forget to like, comment and follow to support our work, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
$GWHDescription: ESS Inc. designs, builds, and deploys iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company provides energy warehouse and energy center solutions, which uses earth-abundant iron, salt, and water for the electrolyte and energy storage solutions. Its products are used for various applications, including utility scale, microgrids, distributed energy management systems, virtual power plants, and commercial and industrial organizations. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
Industry: Electrical Equipment & Parts
$CLVR PT 10-19 and higherClever Leaves Holdings Inc. cultivates, extracts, manufactures, and commercializes pharmaceutical-grade cannabinoid products in Colombia, Portugal, Germany, the United States, and Canada. The company operates through two segments, Cannabinoid and Non-Cannabinoid. It also engages in the formulating, manufacturing, marketing, distributing, and selling of homeopathic and other natural remedies, wellness products, detoxification products, nutraceuticals, and nutritional and dietary supplements for mass retailers, specialty and health retailers, and distributors. Clever Leaves Holdings Inc. is based in New York, New York.
$PNT entry PTs 1-4 Target PT 65 and higherDescription: POINT Biopharma Global Inc., a late-stage clinical precision oncology company, focuses on the development and commercialization of radiopharmaceuticals for the treatment of cancer. Its lead product candidates include PNT2002, a prostate-specific membrane antigen (PSMA) targeted radioligand that is in Phase III trial for the treatment of metastatic castration-resistant prostate cancer; and PNT2003, a somatostatin-targeted radioligand, which is in Phase III trial for the treatment of neuroendocrine tumors. The company is also developing PNT2001, a next-generation PSMA-targeting product candidate for the treatment of non-metastatic castration sensitive prostate cancer; and PNT-2004, a fibroblast activation protein-a targeted radioligand to treat solid tumors. POINT Biopharma Global Inc. is based in Indianapolis, Indiana.
Industry: Biotechnology