Get started

Goldideas

GoldViewFX - 4H Chart updated LEVELS and TARGETS.Hey Everyone, Please see our 4H chart updated Goldturn levels, targets and our updated Goldturn channels. Price finished off last week breaking out of the Descending Goldturn channel and now into the Ascending Goldturn channel (Our unique way of drawing channels). The switchover has been measured level to level with the Goldturns providing the support, rejection and breakouts inline with the channel levels and half-lines to ride this wave. Price is now bouncing between 1948 Goldturn and 1963 Goldturn. If 1948 also inline with the half-line continues to support the price we are likely to see a 1963 test. A cross and lock above 1963 will open a test to the channel top. If 1948 breaks below we are likely to see the full retracement into the channel bottom to look for stronger support. A break and lock below the retracement range will open the swing range. Failure to lock below the retracement range will follow with a continuation above. We will continue with our plans to buy dips and track the movement level to level using ema5 cross and lock on our updated Goldturn levels. Our long term projection still remains Bullish. BULLISH TARGETS 1963 EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN THE FOLLOWING BULLISH TARGETS 1976 AND POTENTIAL 1993 AT A PUSH. BEARISH TARGETS 1948 1936 EMA5 CROSS AND LOCK BELOW 1936 WILL OPEN THE SWING RANGE SWING RANGE 1917 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
4
XAUUSD - IDEAS AND OVER VIEWS WHAT TO DO COMING WEEKHere is quick understanding about gold Gold had shown consolidation after it broke resistance near $1940 -$1935 range in recent market, which was due to the CPI report. The decrease in consumer inflation also resulted DXY prices to decrease, which led the gold to consolidate through out the day. As per the current situation the resistance level that is coming ahead is $1963, followed by $1972. There is a good chance to sell from $1972 for at least 8$-10$ target. If by any chance gold breaks $1972 we can then aim for 1984$. On the other side, if gold depletes, it is advisable to go for long positions from 1952$ or even 1940$, with the target to 1962$- 1972$. resistance point - 1962, 1972, 1984 support point - 1950 -1940 - 1920 What do you guys think ?
FXOPEN:XAUUSD
by Subliminalroots
1
GOLD Analysis 7July2023looking at this analysis with the D1 time frame, the price is right at the strong resistance and the resistance is in direct contact with the trendline. This trendline forms a downtrend channel. I also see a hammer candle which we can interpret as one of the indicators of a rejection and the beginning of a possible reversal/correction. looking at the last 5 candles (last 5 days) that tried to break the resistance and failed, there is a possibility that the price will go down first.
FXOPEN:XAUUSD
by Hokusai_FX
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
OANDA:XAUUSD
by Goldviewfx
8