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BluetonaFX - SILVER CHART UPDATEHey Traders, Please see update on our silver chart idea from last week. We now have our first Bullish pivot target complete at 23.854. We will continue to track this movement confirmed with break and close above or below the pivot levels. Please like, comment and follow to support us, we really appreciate it. BluetonaFX LAST UPDATE Hey Traders, This chart ideas was shared last week. We shared targets and highlighted that if we saw support break below 23.854 pivot point, we will see the level below open to 22.904. This was hit perfectly once the level was broken. We are now seeing the SILVER PIVOT CHANNEL (OUR UNIQUE WAY TO DRAW CHANNELS) bottom being respected. UPDATED LONG RANGE TARGETS TARGET 1 - 23.854 TARGET 2 - 24.681 TARGET 3 - 25.097 TARGET 4 - 25.518 As long as price maintains above this level we should see a test to our targets above. We will trade this movement in stages from support to resistance and maintain a Bullish stance overall. Please like, comment and follow to support us, we really appreciate it. BluetonaFX
TVC:SILVER
by BluetonaFX
2
XAUUSD Weekly Outlook !!!!XAUUSD is currently trading at 1948.100 towards the end of last week we saw gold reach a strong resistance point where we had a harsh rejection, aided also by the strong red file news on Friday afternoon - Average Hourly Earnings m/m - Change in the price businesses pay for labor, excluding the farming industry Forecast - 0.3% Actual - 0.3% Non-Farm Employment Change - Change in the number of employed people during the previous month, excluding the farming industry Forecast - 193k Actual - 339k Unemployment Rate - Percentage of the total work force that is unemployed and actively seeking employment during the previous month Forecast - 3.5% Actual - 3.7% This week could go two ways, we will either see price continue to put pressure on the bears and drive price below our support level 1932.160 from there our next area of sensitivity would be in the range : 1920.458 - 1903.815 eventually achieving our bear market goal of between 1828.708 - 1809.931. On the other hand, we could see price reject from the 1932.160 support if this outcome does occur i believe that price will trading within the range we have traded in all week ( 1985.749 - 1932.160 ) I will update this theory of outcomes throughout the week and relay on this markup to see where we are at, markets open in 2 and a half hours wish everyone a great trading week.
OANDA:XAUUSDShort
by ForexMastered
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our updated 1h chart Goldturn levels and targets. We had a nice run from the support structure into the resistance structure with a breakout outside the channel last week, which then followed with a tank down back into support structure on Friday after NFP. There is room left for further move down to complete the full retracement range also inline with the channel top re-test. We expect price to find support here for a bounce. The retracement and swing range are all areas of potential bounces to capture some movement. We are looking for a clean EMA5 break of the weighted Goldturn levels to confirm a breakout and not a fakeout in either direction. 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 1952 1963 EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN 1979 BEARISH TARGETS 1937 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
OANDA:XAUUSD
by Goldviewfx
18
GoldViewFX - MARKET UPDATEHey Everyone, Our 1H chart idea shared last Sunday is now complete with all targets HIT. The last target at 1978 needed a cross and lock above 1961 to open 1978. This confirmation gave us enough time to get in for the 1978 target for a perfect finish. We are now seeing a rejection on this level with a massive drop down into support due to NFP. Any open buy positions can be managed with buying dips, as per our long term plans once market settles back into organic movement. Our long term projection still remains Bullish. BULLISH TARGETS 1952 - DONE 1961 - DONE EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978 - DONE BEARISH TARGETS 1941 - DONE EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE SWING RANGE 1918 - 1895 We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! Have a great weekend all!!! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
2
GBPUSD TRIANGLE BREAK 31/05/2023 IDEA UPDATEHi Traders! Our GBPUSD triangle break idea on 31/05/2023 broke out but not in the direction we anticipated (PLEASE SEE LINK TO ORIGINAL IDEA BELOW). After a support test to the downside of the triangle, we had a very strong bullish momentum swing to the upside with a break and close to the upside of the triangle resistance. Our upside Vector resistance level of 1.23467 did come into play and we have had a slow down to the bullish momentum around that level which we have highlighted on the chart. This idea is why we always consider both sides in our analysis and proof that you should NEVER get attached to a view. If you do have a view on a trade, ALWAYS consider the other side and adapt. PLEASE NOTE: LATER TODAY, THE NON-FARM PAYROLL (NFP) WILL BE ANNOUNCED THEREFORE THE MARKETS WILL BE VERY THIN, SO PLEASE TRADE CAREFULLY! Please remember to follow, like and comment. We appreciate your support. Trade safely and responsibly. BluetonaFX
by BluetonaFX
2
GoldViewFX - MARKET UPDATEHey Everyone, Another PIPTASTIC day for us with our 4H chart idea playing out level to level for those who are following this idea since Sunday with regular updates. Yesterday we completed all our bullish targets on this chart and highlighted the weighted Goldturn at 1962 needed a cross and lock to open 1982. We got the activation in the morning confirming the target and now look at the perfect exit at 1982. Clean 200 pips! We will now need to see 1982 break and close to open the range above or a rejection will follow back into the retracement range towards the axis trendline. The retracement and swing range are still 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 1982- DONE 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
OANDA:XAUUSD
by Goldviewfx
22
AUDUSD BEAR FLAG 30/05/2023 IDEA UPDATEHi Traders! Our AUDUSD bear flag idea on the 30/05/2023 (LINK TO ORIGINAL IDEA BELOW) broke and closed to the downside of the flag around 0.64904 to fulfil our idea. We got to the 0.64583 level (near our 0.64500 forecast) when we noticed a big volume spike on our volume indicator. This let us know that a lot of traders were exiting positions due to the May 2023 Nonfarm Payrolls (NFP) announcement tomorrow. The market is now thin and volatile, so 0.64583 was a great exit price if you entered and held from the flag breakout at 0.64904. We will continue to analyse the markets and inform you if any opportunities arise, but please be careful as the markets are very thin and there is a current lack of volume due to the NFP announcement tomorrow. Please do not forget to comment, like and follow. We appreciate your support. Trade safely and responsibly. BluetonaFX
by BluetonaFX
2
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
OANDA:XAUUSD
by Goldviewfx
14
BluetonaFX - GBPUSD TRIANGLE BREAK IDEAHi Traders! We have a simple triangle setup here on the GBPUSD 4H chart. There is a *Vector* level (our unique way of highlighting key and important levels in our FX charts) at 1.22746. The last time we were below 1.22746 was over two months ago around the end of March 2023, so there is bound to be some support if we approach that level again for the first time since April. We are now waiting for a possible break and close to the downside to target 1.22746. If we fail the break to the downside, we have a Vector level to the upside of the break and close of the triangle at 1.25467. Please remember to like, comment and follow. Thank you for your support. BluetonaFX
by BluetonaFX
2
USDCAD growth with the help of uptrend line🚀USDCAD was able to break the 🔴resistance zone🔴 and is currently completing a pullback to the broken 🔴resistance zone🔴. I expect USDCAD to continue its upward trend with the help of the uptrend line; the upward trend of USDCAD can continue at least up to the resistance line and 🔴heavy resistance zone🔴. 🔅U.S.Dollar/Canadian Dollar (USDCAD), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Long
by pejman_zwin
10
GoldViewFX - MARKET UPDATEHey Everyone, Fantastic start to the week with our 1H chart idea fully complete hitting all targets. We got the retracement identified followed with the bounce into both the bullish targets highlighted with the arrows on the chart. PERFECTION!!! Our plans to buy dips played hand in hand with the route map of our targets. We are now seeing price test the 1961 level. We will need to see a cross and lock above this weighted level to open the range above otherwise a rejection to follow. As already stated Sunday, 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 1952 - DONE 1961 - DONE EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978 BEARISH TARGETS 1941 - 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
OANDA:XAUUSD
by Goldviewfx
14
AUDUSD BEAR FLAG IDEAHi Traders! There is a bear flag setup here on the AUDUSD 4H chart. Since there was a price rejection at the 0.68182 level, we have continued down since then and we are now in a consolidation period. Looking at the price action, it indicates that the market wants to continue heading to the downside. We also have a longer term idea that supports this (link below). We are now waiting for confirmation of a break and close to the bottom of our bear flag at 0.64904. If we get this, then the next target will be 0.64500. As always, there are no guarantees in the markets so as traders, we must look to the other side if the bear flag fails. There is a key level above the flag around 0.65740. Previously there was a big bull push from that level, so the market may want to test that level again as potential resistance. Please do not forget to like, comment and follow. We appreciate your support. BluetonaFX
by BluetonaFX
2
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone, Market closed early today due to bank holiday so we thought we would share our updated Monthly chart projection, as part of the multi timeframe analysis we shared yesterday. Our long term projection on the monthly chart looks Bullish with ema5 cross above 1878 Goldturn opening the range above. Price and ema5 is also sitting above the channel half line further supporting the bullish structure. However, start of the month had a big detachment below opening room for retracement below, highlighted by the blue circle. This detachment is now nearly complete and only a small gap left, which is not worth chasing but just to keep in mind when managing swings on the smaller timeframes. Our plans long term to buy dips is still in play and we will continue to use the smaller timeframes to track and trade the range level to level. 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
FOREXCOM:XAUUSD
by Goldviewfx
30
USDJPY WHAT NEXT AFTER 140.000 BREAK?Hi Traders! Please see target levels for USDJPY below. TARGET 1 - 142.255 TARGET 2 - 144.108 *APEX LEVEL* - 151.946 USDJPY continues with bullish momentum. A couple of weeks ago, we had a long term view (link to idea below) that USDJPY would target the 140.000 level. However, we did not think it would do this so quickly. After a brief pullback from the 140.000 level, we have carried on with momentum and the 142.255 pivot resistance level looks to be the next target. Further to the upside, if we break 142.255, then we have the 145.108 pivot resistance and finally, we have our Apex resistance level at 151.946. *The Apex (our way of saying special resistance) level* of 151.946 is an area we do not often reach. We have only reached this area a handful of times in the past 40 years, so this is a major resistance level. To the downside, if we fail to push around the 140 level and break back below the 138.136 pivot support, we will then go back into the range. Please do not forget to like, comment and follow. We appreciate your support. BluetonaFX
by BluetonaFX
4
BluetonaFX - SILVER CHART UPDATEHey Traders, This chart ideas was shared last week. We shared targets and highlighted that if we saw support break below 23.854 pivot point, we will see the level below open to 22.904. This was hit perfectly once the level was broken. We are now seeing the SILVER PIVOT CHANNEL (OUR UNIQUE WAY TO DRAW CHANNELS) bottom being respected. UPDATED LONG RANGE TARGETS TARGET 1 - 23.854 TARGET 2 - 24.681 TARGET 3 - 25.097 TARGET 4 - 25.518 As long as price maintains above this level we should see a test to our targets above. We will trade this movement in stages from support to resistance and maintain a Bullish stance overall. Please like, comment and follow to support us, we really appreciate it. BluetonaFX
TVC:SILVER
by BluetonaFX
2
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our updated 1h chart Goldturn levels and targets. We are seeing price settle in the central zone of the Goldturn descending channel supported by the 1941 Goldturn level support structure. Price is now sitting above the channel half line with targets above at 1952 and 1961 towards channel top. The retracement and swing range are all areas of potential bounces to capture some movement. We are looking for a clean EMA5 break of the channel top or bottom and not price alone to confirm a breakout and not a fakeout in either direction. 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 1952 1961 EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978 BEARISH TARGETS 1941 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
OANDA:XAUUSD
by Goldviewfx
24
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our updated 4h chart Goldturn levels and targets. If you look at last weeks update on this chart, highlighted with the circle, you will see some nice level to level action that we tracked and traded. We got the target at 1982 followed with the retracement to 1962 and then a re-test at 1982, as shows by the arrows we drew. The rejection at 1982 then followed with a drop into the swing range, inline with the axis trendline support for another bounce. This chart idea gave plenty of opportunity to secure some nice entries and exits from buying dips, as part of our plans. We have now updated the setup for the coming week with immediate target at 1961 and a break and lock above this level will open levels above. A rejection here and we also need to keep in mind the retracement range 1934 AXIS support for another push up. A break below the retracement range and the next support we are looking at will be the swing range, also another area for support, inline with the axis trendline support. 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 EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN 1982 BEARISH TARGETS 1942 1934 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
OANDA:XAUUSD
by Goldviewfx
14
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, This is our weekly chart mid to long term projections we have been tracking for a while now. We saw the rejection at the axis trendline with ema5 failing to break the trendline creating a new resistance Goldturn at 1999. We stated last week that overall our weekly chart idea shows the target level for this drop into the retracement range, which played out perfectly. We are now looking for this retracement range to hold, as support for another push up. This retracement area on the weekly chart is a crucial test at support structure. A break below this level and the range will be opened up to include the swing range into the 1858 range. We will stick with our long term trend buying dips but manage swings for entries on the mid term bearish trend. We will use our multi timeframe analysis to navigate the range up and down and pick our sweet entries and exits in between. PREVIOUS WEEKLY UPDATE Price is now sitting below the axis trendline and also a new Goldturn has formed below the axis trendline making this chart Bearish. We already saw price head towards the retracement range last week with room still left for more - THIS PLAYED OUT EXACTLY HOW WE SAID ON SUNDAY 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
OANDA:XAUUSD
by Goldviewfx
14