GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 1h chart shared on Sunday. We got our 2331 hit followed with a cross and lock opening 2345 and 2359. 2345 was hit and now only 2359 left.
The rejection before this gap followed with a repeat of yesterdays action to find support just above the retracement range again. We were able to buy dips inline with our plans to manage the range.
As long as we have ema5 above 2310, we should another attempt on the range above level to level or a cross and lock below 2310 will confirm the swing range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2331 - DONE
EMA5 CROSS AND LOCK ABOVE 2331 WILL OPEN THE FOLLOWING BULLISH TARGETS
2345 - DONE
2359
BEARISH TARGETS
2310
EMA5 CROSS AND LOCK BELOW 2310 WILL OPEN THE SWING RANGE
SWING RANGE
2285 - 2274
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!
Mr Gold
GoldViewFX
Goltrading
GoldViewFX - DAILY CHART MARKET UPDATEHey Everyone,
Please see updated daily chart analysis.
We have drawn a channel using Goldturns, which is currently being respected by EMA5 and providing support. EMA5 is gearing for a MA21 cross this will provide the momentum needed for another push up. A failure to cross will see us test the swing range. Either way we have a long range Axis target at 1993, so any price drop into the swing range we will use as buying opportunities on the smaller timeframes, which we will share daily throughout the week.
AXIS TARGET 1993
SWING RANGE 1897
Should we see EMA5 cross below 1897 with a candle body close then we can expect further movement down to 1849. In which case we will wait for the deeper correction before continuing to buy dips again. Our strategy to buy and bank 20 to 40 pips at a time, dependant on the range, allows us safe exits should the market turn against us and then gives us a chance to get back in safely.
Please don't forget to like, comment and follow us to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
Another BOOOMING day for us catching the buy from the 1970 dip. We caught the Buy from the 1979 Goldturn level, when it created the Goldturn above 1978. This gave us the confirmation for support, together with our setup and plans to buy dips. This played out beautifully! This was banked at 2006 followed with plenty of scalping between 1995 and 2006.
We have always mentioned how we let the price play out first and then we use the Blueprint with updated Goldturn levels to catch the movement and trade it in levels, allowing us to use the updated Goldturns for entries and exits. We have now updated the H1 Goldturn levels for intra-day trading.
2006, 2019 and 2038 are the next Bull targets with a swing range of 1958 to risk manage.
4H CHART
Our 4H chart is playing out perfectly with a nice buy we took from 1982 to 2000, as part of our plans to buy dips with a catch of 30 to 40 pips at a time. This allowed us exits without getting stuck in swings. We have a swing range of 1948 on the 4H chart to risk manage for now.
As always, we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us. We really appreciate it and the likes and comments are not going unnoticed, Thank you!
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 - 1H CHART UPDATEHey Everyone,
1884 and 1897 TARGETS HIT ! ! !
We took buys and banked on Goldturns and even caught the retracement down from 1897 before resuming back for 1897 again.
Although we are bullish and taking buys at this range we are also comfortable taking sell signals, knowing even if the Bulls take another run, its a range where we can still potentially get exits from being within the swing range. Profit taking is happening on this zone with even greater liquidity also coming in providing support to the momentum.
Upper Goldturn levels identified on chart, we will use this to confirm price action reaction!
1912 is the next TARGET.
Buying dips above 1854 and continuing with our plans. We will keep you all updated with any changes.
Thank you all for getting our previous posts over 100 likes. We are growing fast and that's down to your SUPPORT and our RESULTS!!
Please don't forget to like, comment and follow for more updates.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX Strategy - GOLDTURN SETUP1 - Simple & Effective Hey Everyone,
This is a follow up post from the previous post on HOW TO DRAW GOLDTURNS (see related post below)
We want to now show you how we can use the Goldturn levels and share with you all a basic yet a strong Goldturn Trading Setup in step by step stages.
1 - Draw a Goldturn on the previous days Highest point for Resistance
2 - Draw a Goldturn on the previous days Lowest point for Support
3 - Wait to now see current day price action and look to see, which level EMA5 breaks - Support or Resistance ?
4 - In this example previous days Goldturn low is broken with EMA5
5 - Once EMA5 breaks level by crossing over, we now wait for a 1H candle close after the cross. This is confirmation candle!
6 - Next candle is entry candle - we can see a 450 pip movement from entry. We advise to take profit at 50 pips or next Goldturn, which is a likely target or move SL and trail the movement to catch the entire breakout.
This is just one of the setups we thought we would share with you all. Please don't forget to like the post, it helps us bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - H1 Market UPDATEHey All,
Quick update from H1 Market review (see related post below) - 1824 Target HIT after we called it yesterday identifying the resistance at the top. We expected the drop which we got and now 1828 needs to be tested and EMA5 cross and candle body close to open up another round of the Bull targets and levels above.
We are now out of trades and only taking buys from dips. If 1828 fails to cross with EMA5 then we will see 1824 and 1816.
We have had an awesome week so far and plan to ease off now. We will post further updates later so stay tuned to stay with he flow.
Please don't forget to like, comment and follow to support us,
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H Market UPDATE & TARGET$$Hey All,
What a smashing couple of days. Those following us can clearly see the targets we identified (see related posts below) all HIT perfectly. 1816, 1824, 1828 H1 CHART targets done.
What can we expect now?
Although our last target of 1828 has been hit that does not mean 1834 is now open. We would like to see EMA5 cross above 1828 with candle body close to open target for 1834. We will keep you all posted when we see the confirmation. For now we remain Bullish and, as confirmed throughout, we will be buying dips. If EMA5 fails to cross and lock above this level, then we will see some retracement again towards 1816 otherwise we have another clean run up towards the upper targets.
Please note the swing range in taking buys in this range, it helps me manage my risk.
We will be posting updates, levels and targets on H4 and D1 charts shortly so stay tuned.
Please don't forget to like the post, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Daily chart UPDATEHey Everyone,
Just a quick share of our DAILY chart for end of play. This chart clearly shows our Goldturn trendline (Our unique way to draw trendlines) being respected. Ema5 has failed to cross below the trendline and it looks like todays candle will close above this trendline, securing EMA5 within the boundary.
Although we can see price break below the trendline and create some selling frenzy to get traders stuck, the clear cross of EMA5 would give us the stronger confirmation. Therefore until we see a EMA5 break, we can safely continue with our plans to buy dips.
We will come back in the morning with more updates and generally we will be watching the market and taking it easy due to NFP. Any trades we take will be small LOTs and low exposure, unless we really get a sweet spot!!!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATEHey All,
Quick end of day update. 1808 target hit and now we have some resistance here on this level. We will look for EMA5 to cross and close above 1808 to confirm movement to the next level at 1814.
1789 is the most recent Goldturn support on the H4 chart and also inline with historical Goldturn support on this level. This secures our Bullish structure above this level and hopefully has taken over the strong hold support of 1766.
We have banked all buy trades at 1808 and now we can see the price retrace. We are hoping for price to find support above 1795 -1800 to continue with our move up. If we see price fall below that then we will wait for the stronger support at 1789 to be challenged before resuming with our plans.
As always we will keep our followers updated with any changes and updates to our plans.
Please don't forget to LIKE, COMMENT and FOLLOW to support us. We really appreciate it and it helps us bring more content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
GoldView UPDATE on TARGET $$We posted this chart yesterday with updated Goldturn levels. We clearly marked the 1802 level that EMA5 needed to cross with candle body close confirmation to confirm 1808. This crossed and confirmed the target which was eventually hit today. Just like we predicted. We don't like to blow our own trumpet too much but we do draw some of the best support and resistance levels for gold in our unique way
We are now looking for EMA5 to cross 1808, which has just started to happen and then wait for a candle body close confirmation to confirm our final axis target to 1816. This does not mean we will rush to take a position, as always we will wait for a reversal to get a nice entry for a position.
For those who are following our updates daily, you can see we do things differently and we have been pretty much nailing our analysis. Please continue to show your support by liking, commenting and following us. It helps us to continue to share our ideas with you and we do really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
Gold Pandora box expansion in 4th stage day 5Well done to anyone who enjoyed profits from analysis yesterday. gold has hit the trend suppoort level in the 5th stage again at 1937 level. it will never return back again below the 1937 level so set ur tp well. i see a long run upwards.
Trade with risk management.
GOLD, With huge probability the price will hit $1611You will get an accurate entry on GOLD
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