GoldViewFX - End of week UPDATE - BOOOOM!!Hey Everyone,
What a BOOOOOM-TASTIC and PIP-TASTIC week for our members.
As you can see all see our Bullish, Bearish and swing range targets all COMPLETE!!!
We had a fresh test to swing range today after rejection below 1646 yesterday. We then had two new Goldturns form above 1620, which gave the confirmation for the push up and then BOOOM a lovely ride up!
BULLISH TARGETS
1646 - DONE
1655 - DONE
EMA5 CROSS AND LOCK ABOVE 1646 WILL OPEN 1657 - DONE
BEARISH TARGETS
1637 - DONE
1626 - DONE
1620 - DONE
SWING RANGE
1620 - DONE
As always, we will come back Sunday with our multi-timeframe analysis for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Hope you all have a smashing weekend with family and loved ones.
GoldViewFX
XAUUSD TOP AUTHOR
Goldideas
XAUUSD top-down analysis, UPDATED!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GoldViewFX - Market 1H RANGE VIEW UPDATEHey Everyone,
Quick morning update with our RANGE boxes defining the range we are playing in and testing.
Zooming out and identifying ranges with Rangeview gives you a clearer picture of potential swing ranges.
We are currently testing Rangebox 3 entrance with 1640 Goldturn acting as support. A cross and lock below this will open the full rangebox. We will keep this in mind when planning fresh long positions from the bottom. A failure to break down will see price test range box 2 at 1660.
This is not the range to keep adding new positions in. We will now wait patiently for the market to make its move.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GoldViewFX - 4H CHART GOLDTURN CHANNEL Hey Everyone
We thought we would share an updated Goldturn channel for the 4H chart that I have been tracking.
Price is challenging the half-line of the Goldturn channel, which is also a significant challenge when tracking any channels. A break below this half-line will see price look to test channel support at 1624 Goldturn and potentially the full channel floor. Failure to break this level will see price head for a test to 1668 Goldturn and again potentially the channel top.
We will continue to track this chart and keep you all updated with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see updated 1h chart Goldturns and targets for the coming week ahead.
As you can see, we finished off last week with strong movement down, range shifting into the new Rangebox by breaking 1646 Goldturn. This now opens 1637 Goldturn and should price maintain within the Rangebox we will see a challenge to the bottom of the rangebox down to 1620.
The key thing to notice here is; when a range shift takes place into the new rangebox, we need to see how this was challenged historically. We can see when price entered this rangebox previously we saw price re-test the entrance of the range box creating resistance before continuing the move down to test the bottom. This represents a retracement and therefore momentum from retracements can change direction. This is why any new range shifts are best traded after the re-test.
We will now wait patiently and continue to track and trade the movement with EMA5 cross and lock both ways confirming movement level to level.
BULLISH TARGETS
1646
1655
EMA5 CROSS AND LOCK ABOVE 1646 WILL OPEN 1657
BEARISH TARGETS
1637
1626
1620
EMA5 CROSS AND LOCK BELOW 1620 WILL OPEN 1605 AND 1592
SWING RANGE
1620
STRUCTURE SUPPORT
1592
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 2H CHART UPDATED LEVELS & TARGETSHey Everyone,
We review all timeframes but don't usually chart on the 2H chart unless it cleans up some of the noise from the 1H chart and helps break down the 4H chart.
Please see the 2H chart Goldturn levels and structures. We are trading in the lower range with the lower levels now open but will need to see EMA5 cross and lock to confirm this level to level. We have updated the Goldturns on the 2H chart to be able to track this movement.
If we track this based on previous challenges in this range, then we can potentially expect some retracement up to 1649 - 1654 range to find resistance and then down into the full swing range before swinging back up.
As always, we will keep you all updated with regular updates throughout the week and how we manage the 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 & TARGET$Hey Everyone,
Please see updated 4H chart Goldturns and targets for the coming week ahead.
The 4H chart is looking bearish with price challenging 1644 Goldturn support. We will need to see EMA5 cross this level to confirm break of this support to open 1625. A failure to break 1644 will see price head back up to challenge 1662.
We will now wait patiently and continue to track and trade the movement with EMA5 cross and lock confirming movement level to level and also rangebox to rangebox.
BULLISH TARGETS
1662
1673
EMA5 CROSS AND LOCK ABOVE 1673 WILL OPEN 1691 AND 1700
BEARISH TARGETS
1644
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1607 AND 1586
SWING RANGE
1586
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone,
This is an update of our 4H CHART setup.
Once again, a perfect example of our trade idea playing out. The break below 1691 support structure confirmed 1673 and 1662 as advised on Sunday, which confirmed the open of the swing range in advance for us to plan our entries. This was hit perfectly, which allowed us to take our buy entries from the swing range and take safe exits at 1673, Goldturn to Goldturn!
We will now wait for a cross above 1673 with a lock to confirm movement to 1691, which will be the more significant challenge to keep an eye on. A break and lock above this level will open the upper structure 1709 and 1719. A failure to break above 1673 will open a re-challenge of 1662 and a break below this level will open the support structure down to 1625.
We will continue to track and trade the range level to level, as we are still within the range of our setup.
BULLISH TARGETS
1705
1719
1736
EMA5 CROSS AND LOCK ABOVE 1736 WILL OPEN 1758 AND 1774
BEARISH TARGETS
1691 - DONE
EMA5 CROSS AND LOCK BELOW 1691 WILL OPEN 1673 and 1662 - DONE
SWING RANGE
1662 - DONE
SUPPORT STRUCTURE
1625
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
Please see weekly chart update.
We have kept the last 2 week's updates on the post so you can see how well the overall picture has been playing out week to week with our new week to follow.
TWO WEEKS AG0
We identified a weighted Goldturn at 1622, which was open for target, and hit perfectly. We also expected this level to act as support, which also played out as we expected. We took advantage of this and used our smaller timeframes to take buys from support and exit safely before rejection using Goldturns on our shorter timeframes. (THIS PLAYED OUT PERFECTLY)
LAST WEEK
This zone is a strong support structure for the weekly setup, and should this hold, we will see the bulls make a clean run to 1710 to test the upper structure. (THIS PLAYED OUT PERFECTLY!)
However, we are seeing EMA5 challenge MA200, a cross here will see another challenge to 1622. A break below the support structure 1622 - 1659 will open range down to 1504. (WE NEED TO KEEP THIS IN MIND)
THIS WEEK
We finished off last week saying we need to keep an eye on EMA5 crossing MA200. We can now see the chart above with EMA5 doing a Goldturn on MA200. This can be classed as a failure to cross, confirming Bullish momentum to follow. We will use the shorter timeframes to pick our entries and exits.
The weekly chart levels and structures are all set for us to be able to track and trade the larger movement.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD: Aggressive and Conservative plan for the weekEverything is in the chart and related ideas :)
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see updated 1H chart with new Goldturns, support/resistance structures and targets.
We saw price move up aggressively at the end of last week with a test on the resistance structure. This left a candle body close above 1671, leaving a gap open to 1676. However, we saw a rejection on this level on Friday, which may follow with a movement down to the retracement zone, identified on the chart with EMA5 crossing MA21 also supporting the momentum.
A cross and lock below the retracement zone will open the full swing range and an EMA5 cross and lock above the resistance structure will open 1686 and 1695. We will trade this level to level with our Goldturns and analysis, picking key levels of support for profitable buys with the perfect exits to avoid range traps and to be ready to get back in again.
BULLISH TARGETS
1665
1668
1671
1676
EMA5 CROSS AND LOCK ABOVE 1676 WILL OPEN 1685, 1695
BEARISH TARGETS
1659
1651
1647
EMA5 CROSS AND LOCK BELOW 1647 WILL OPEN 1638, 1634, 1626, 1620
SWING RANGE
1620
SUPPORT STRUCTURE
1611
As always, we will keep you all updated with regular updates throughout the week and how we manage the 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 STRUCTUREHey Everyone,
Please see our 4H chart, which we have been tracking and trading since last week. This is still very much in play so not much needed updating on the levels.
This chart is a clear example of why we draw channels using our Goldturns and not the traditional way, which everyone else uses to draw channels. This is very much a GoldViewFX standard and helps us eliminate the noise and identify the breakouts and fake outs. As you can see price has broken out of the channel but EMA5 is flirting with the channel top respecting the Goldturn channel so a retracement can easily follow back to the channel floor, and this will be classed as a fake out. However, a cross and lock above the channel top 1664 will open the upper levels.
Bullish Targets
1664
EMA5 CROSS AND LOCK ABOVE 1664 WILL OPEN 1679, 1693 and 1710
Bearish Targets
1640
1622
EMA5 CROSS AND LOCK BELOW 1622 WILL OPEN 1586
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
Please see weekly chart update
Last week we identified a weighted Goldturn at 1622, which was open for target, and was hit perfectly. We also expected this level to act as support, which also played out as we expected. We took advantage of this and used our smaller timeframes to take buys from support and exit safely before rejection using Goldturns on our shorter timeframes.
This zone is a strong support structure for the weekly setup, and should this hold, we will see the bulls make a clean run to 1710 to test the upper structure. However, we are seeing EMA5 challenge MA200, a cross here will see another challenge to 1622. A break below the support structure 1622 - 1659 will open range down to 1504.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - END OF WEEK UPDATEHey Everyone,
Another fantastic day today. We waited patiently for the support test at 1663 and with signal confirmation we took 2 entries and two TPs to close the month off to a perfect finish!!
We saw price fall to a key Goldturn support level on Wednesday where we then saw some aggressive buying back up. The new Goldturn for the day yesterday, which formed above the historical Goldturn on H1 at 1647, pushed the leg up higher into today.
It was interesting to note that the price did not range prior to the Core PCE data which was released today. Bear in mind that the Core PCE is the primary measure of inflation used by the US Federal Reserve. Today's number was only slightly higher than forecast but the key point is that it was another month-on-month rise which will keep the Fed hawkish. Yet, gold did not take the usual battering.
We are seeing the classic signs of market manipulation and the asymmetrical economic data is making the manipulation harder to anticipate. Monday will be the first trading day of the new month and Q4 where we typically see fresh capital come into the market to give gold a short-term boost. Tread carefully though as we may be seeing price manipulated higher into a targeted zone which the institutions/smart money will use to offload in a heavy manner.
Let's trade this level to level with our Goldturns and analysis, picking key levels of support for profitable buys where we take the exits before the chops. Trade safe and trade profitably.
We will be back Sunday night with our full multi-timeframe analysis and trading plans for the coming week.
Please don't forget to HIT like on this post, we really appreciate it, and it helps us bring more free content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
Its lovely to see this chart idea playing out to perfection since Sunday, with no changes or amendments needed to be made!!!
We tracked and traded the price from swing range to all the way up Goldturn to Goldturn. Yesterday we saw strong resistance structure break 1653 and open the upper Goldturns, 1663 being the first one. However, we saw price retrace during the Asia session with cross and lock back below 1653, which was short lived and followed through today with hitting the Goldturn target at 1663, which was confirmed with yesterday's cross and lock.
We would now like to see price support above this stricture 1647 - 1653 to continue with a clean BULLISH run. MAs are sitting close to 1639, which will also be a nice area of support should the range open back up due to conflicting market conditions at the moment.
All charts are still valid, and we will continue to track and trade this level-to-level structure to structure.
BULLISH TARGETS
1647 - DONE
1653 - DONE
Cross and lock above 1653 will open targets to 1663 (DONE), 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620 - DONE
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. 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 updated weighted Goldturns and targets for the 4H chart.
We have been following this chart from last week as we already incorporated historical weighted Goldturns in the new range. As you can see from the projected arrows, we posted last week, price has been following the route map level to level respecting the Goldturn channel.
We did not have a current range on the 4H chart but used a projected range using historical data between 1622 to 1693 and we are still expecting some ranging action between these levels.
Bullish Targets
1664
1679
1693
EMA5 CROSS AND LOCK ABOVE 1693 WILL OPEN 1710 AND 1726
Bearish Targets
1640
1622
EMA5 CROSS AND LOCK BELOW 1622 WILL OPEN 1586
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Please see updated daily chart structure.
We are at a very crucial support zone on the daily chart identified last week. EMA5 is challenging 1660 Goldturn, which we saw price bounce off last week many times and daily candle failing to close below. However, Friday we saw price close below 1660 but EMA5 failed to cross, leaving room for a recovery this week. We need to watch this challenge closely.
We will be monitoring this chart for EMA5 cross and lock confirmation to track this movement range to range. EMA5 cross and lock below 1660 will open 1610 and 1578.
We will need to see a new Goldturn above structure support to provide momentum for EMA5 to cross and lock above 1660 for a 1700 challenge and a cross and lock above 1705 for a full Bullish recovery.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
Another awesome day for us at Premier.
As planned, we waited patiently for the support test once again. We have our 1H chart setup mapped out with the support and resistant structures that price has been ranging between. We will not chase a range breaker direction until we see the weighted Goldturn levels break in either direction. So, for now, we milk the range by waiting patiently for our entries.
Today we waited for the swing range test at 1659 but waited for further confirmation, which we got when a new Goldturn was created above 1659, followed with a re-test on our MA setup. This gave us the confidence once again to place our BUY orders and ride to the top for a perfect exit at 1675. BOOOOM!!!
The range breaker levels still stand at 1659 to 1687; We will be looking for a break of either of these levels for a continuation of the move. As stated before, this chart setup is still valid, as price is still playing in the setup range.
Bullish Targets
1687 - DONE
1695 - LAST TARGET LEFT ON THIS SETUP
Cross and lock above 1695 will open targets to 1708, 1722, 1733
Bearish Targets
1671 - DONE
1659 - DONE
Cross and lock below 1659 will open targets to 1647 and 1641.
SWING RANGE
1647
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD another sell opportunity, UPDATE!!GOLD (4H) is forming bearish price action below daily resistance. After the monthly breakdown, the price is currently below monthly support. previous daily candle has a lower high, today price creating a series of lower high below this daily resistance signs of selling pressure giving another selling opportunity.
GoldViewFX - Market UPDATEHey Everyone,
Another awesome day!!!
Market opened with a challenge on previous days Goldturn high 1676, followed with a new Goldturn at the same level 1676. This confirmed failure to break previous day's high. We waited patiently for further confirmation and identified EMA5 cross and lock below 1671 to 1664, confirming the movement down to the next level.
We carefully placed our SELL order and trailed it down to 1664 BOOOOM!!!! We walked through this step by step in VIP premier.
We still have an open gap target to 1687, which gives us the confidence to take buy signals from deeper movements down. However, due to the Fed's rate hike announcement and the odds between a 75-bps and 100-bps, we are only taking careful entries from strategically positioned support levels and sells from tested resistance levels.
The range is still 1659 to 1687 and as advised yesterday, we will be looking for a break of either of these levels for a continuation of the bearish move or a full recovery into benchmark pricing from last week.
Bullish Targets
1687
1695
Cross and lock above 1695 will open targets to 1708, 1722, 1733
Bearish Targets
1671 - DONE
1659 - DONE
Cross and lock below 1659 will open targets to 1647 and 1641.
SWING RANGE
1647
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART MARKET UPDATEHey Everyone,
Fantastic start to the week. We waited patiently for the market to hit support levels 1671 and 1659 and then waited for a new Goldturn and took our BUY entry, all the way to 1669 for the perfect TP exit.
We still have an open gap target to 1687, which gives us the confidence to take buy signals. However, due to the Fed's rate hike announcement and the odds between a 75-bps and 100-bps, we are only taking careful entries from strategically positioned support levels.
The range is still 1659 to 1687 and as advised yesterday, we will be looking for a break of either of these levels for a continuation of the bearish move or a full recovery into benchmark pricing from last week.
Bullish Targets
1687
1695
Cross and lock above 1695 will open targets to 1708, 1722, 1733
Bearish Targets
1671 - DONE
1659 - DONE
Cross and lock below 1659 will open targets to 1647 and 1641.
SWING RANGE
1647
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR