GoldViewFX - DAILY CHART UPDATEHey Everyone,
Update on our daily chart setup that we have been following for a while. As you can see we had another challenge to 1804 structure support, which held out again perfectly maintaining the Bullish structure. The support provided the momentum needed to push back into the Goldturn trendline support, which then found support on the retest of the trendline, gearing up for another 1858 challenge. This is a significant challenge, as we are looking for ema5 to cross and lock above 1858 to confirm and open the upper targets.
BULLISH TARGETS
1844, 1858, 1881, 1899
RETRACEMENT TARGETS
1832
1804 IS THE STRUCTURE SUPPORT .
This level is maintaining the overall BULLISH structure
As always we will keep this chart 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
Goldideas
Battle of trends for GoldGold have been trading sideways for long now and this is what I expect from the metals from here. The purple trend line is a new downtrend formed on the 20mins timeframe which Is my favourite timeframe you can still spot the trend on 15mtf. The red uptrend is the last 2-4h trend which have already pull back and I expect the red to be broken by the purple trend but in a situation where m formation take place on the 1 or 4h TF it could lead retest of the blue downtrend which I see less chance for that. The yellow uptrend is 4h-daily time frame trend which still leaves door open to visit 1878-90s if not broken. My bet now is test of the 1800-1753 if possible 1722 which is is located at the down part of the blue trendline. The green trendline near the blue trend is daily trend line which the up have been broken . The blue rectangle is nearest 4h zone on the done and pink rectangle is the last visited 2h zone. The oranges rectangle is zone formed on the way down from previous upswing. The tiny red rectangle is a 1h Linda resistance where there have alot of reactions. The black zone done is nearest weekly zone down. It's short over long for me for the main time still the yellow trend down is tested and if broken the blue/green trend down. Goodluck with that.
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GoldViewFX - Market UPDATEHey Everyone,
We had a PIPTASTIC start to JUNE, buying dips from support levels has played out perfectly. We saw price challenge the full swing range at 1830, which we highlighted as a strong support zone. We then rode the buys up Goldturn to Goldturn.
We had all the MAs touch on the push up just MA200 is due around the 1851 mark. We can see potential retracement down to 1845 - 1839 and then another push up. We will be looking for EMA5 cross and lock or candle body close to confirm each level.
BULLISH TARGETS
1851, 1857, 1860
BEARISH RETRACEMENT TARGETS
1845, 1839
SWING RANGE
1830
We are confidently buying from support levels and using any drops for those sniper entries banking 20 to 40 pips at a time to avoid swing traps.
As always we will keep you all updated with any changes to our plans with regular updates throughout the day, please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD - Big Picture MattersLet's take a look at quaterly gold's chart. Gold seems to have a breakout to the upside and now back-tests its previous structure.
That resistance -turned- support around 1880-1895 should provide great buying opportunities if gold maitains its bullish structure and heads higher after back-testing.
We recommend traders to long gold at 1885-1895 with strict stop loss under 1875 and target 1930-1950-1965 (for short term trades)
We recommend traders to long gold at 1875-1895 with stop loss under 1825 and target 2070-2150-2230 (for medium term trades)
Gold Sell 1956-60 XAUUSD - Bearish -I look to Sell at 1956
◾ A bearish Head and Shoulders is forming
◾ This is negative for sentiment and the downtrend has potential to return
◾ There is scope for mild buying at the open but gains should be limited
◾ Resistance is located at 1960 and should cap gains to this area
Stop: 1991
Target 1: 1877
Target 2: 1850
Chart
GOLD Fundamental Effect GOLD 1700+ pips ✅
Power of Fundamentals
🔎 Targets Hit. But If Continue market uncertainty Target - 2070.0
- This forecast is very valuable if you currently have trading experience.
- If you are a day trader, you can look at the technical levels and trade to the forecast direction we predicted and make more profits.
- This forecast is based on the current market sentiment and the fundamental value of the currency. Sentiment can change on the news at any time.
- Please Follow Money Management
Gold still may go higher because of the Russia-Ukraine crisisGold's fundamental situation and market sentiment are still positive. So I guess gold still has a chance to test $1970 or go above $2000.
Given the growing demand for gold as a safe haven, given how the United States and its allies are imposing economic sanctions on Russia and are likely to do more, hopefully, the demand for gold will not decrease.
And just as Russia has surrounded Ukraine on three sides, it is only natural that large-scale war could break out at any time. So staying in Gold sell now would not be a sage thing to do.
We should stay in buy mode until each resistance zone breaks out until the next resistance. And if you go to the market swing area, it is better to use small stop-loss and stay in buy mode.
Gold Daily Chart
Technically, gold is just stuck in trendline support and trendline resistance. If the market breaks above the trendline resistance, we can continue our buy till the breakout zone level of $1930/1932 price zone. Breaking above $1932 may open the door for the $1970/1975 zone again.
Conversely, if gold breaks below the trendline support, we can continue our sell target till the $1880/1875 price zone. But as long as gold is above $1875, it will consider an uptrend.
Gold & the possible warWe all persue the news and the recent published news is that: Russia could invade Ukraine "at any time".
According to this news my previous forecast of Gold has failed and we are facing un upward trend now.
As you see in the 1h chart after the upward rally, Gold is about to come down in price and correct the previous wave and there a support level which is probable to hold the price
GoldView Update on 1830 ChallengeAs per our analysis earlier this week, we saw EMA5 break 1818 and 1823 level and secured with candle body close.
This confirmed our movement to 1830. We now have a candle body close and EMA5 break to confirm movement up to 1838. We have some retracement due to the strong 1830 level which was expected to see sellers coming in, however 1823 has now supported this movement. We may see some sideway movement before US session between 1830 and 1823.
Please follow us for updates on how we analyze and trade each level.
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GoldViewFX
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GOLD is Consolidated I take this for long time because it's going to take time for breakout support. Once it touch to 1780-85 then it should reflect till that time we are not opening any order.
Here scenario is bearish and we all need a best point to place order. Have patience’s don’t be hurry good time is yet to come.
Remember one thing we are not going to place BUY order, next movement will be retest so don’t anguish.
Place your order below 1762-70, our target will be 1745, 1723, 1717 and below.
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Gold ON a SELLIt's another fall SETUP for GOLD
Well this time it will move more down 1715, but before that it should touch resistance of 1772 and 1775. It will be good to place order blow 1770.
Price shouldn't go above 1782, this will change the flow.
Look at 4H chart and see for strong chandle that make sense.
Our target is 1715 and 1668.
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