Tradinganalysis
GoldViewFX - DAILY CHART STRUCTURE AND ANALYSISHey Everyone,
Please see am updated daily chart structure, As you can see the daily chart is very much in a Bullish stance challenging the resistance structure in the range AT 1817. Although we saw price break above this level, we need to see either a candle body close or for stronger confirmation EMA5 cross with a candle body close above this level to open 1857 Goldturn.
If we see a rejection at this level and as we are seeing now then price will go and test the lower range at 1742. However, this rejection right now may find support above ma200 as EMA5 is still above ma200. If we see MEA5 cross ma200 then it will further solidify the move down to 1742.
The range into 1742 is still within a swing zone and therefore we will remain with our long-term stance to buy dips from these swing zone levels using our smaller timeframe setups to pick entries.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
We finished off with a great day yesterday with our next target of 1822 HIT, which we trailed all the way from 1816 with a lovely TP HIT.
As you can see the resistance structure is now broken opening the upper levels 1822, 1831 and 1837. We can track and trade this with EMA5 cross and lock confirmation.
We have a retracement zone above 1800 at 1806. If we see a retracement, we would like to see this area to provide support to continue with the Bullish momentum.
We have also updated our swing range to 1777.
Please also refer to our 4H and daily chart setups and ideas to keep in mind our longer range targets
Our plans to buy dips from support levels are still in play. We will continue track and trade this movement level to level confirmed with cross and lock.
BULLISH TARGETS
1798 - DONE
1806 - DONE
1815 - DONE
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS
1822 - DONE
1831
1837
BEARISH TARGETS
1792 - DONE
1783 - DONE
1777
SWING RANGE
1777
EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS
1760
1750
1741
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
MULN Breakout $we are testing our support in that purple box, which we going to see a reversal once we break our ascending line , and break the first resistant the 0.2850$, which we give us huge bullish momentum once we clear it, to go to the squeeze level at o.35$, and 3 profit taking after clearing that level .
REVEALED: THE DOW JONES 30 What, Facts and Make-upAll index traders trade it...
But do we know anything about The Dow Jones?
I'm going to break down what it is, some interesting facts about the Index and what companies makes up the index.
Save it because it's all you need for the Dow Jones.
WHAT IS THE DOW JONES?
The Dow Jones 30, or DJIA or "The Dow" is a stock market index that reflects the performance of 30 large, publicly traded companies listed on the New York Stock Exchange and the NASDAQ.
INTERESTING FACTS!
1. The index was created by Charles Dow, editor of the Wall Street Journal, in 1896.
2. The DJIA is calculated by taking the sum of the prices of the stocks of the 30 companies included in the index, and then dividing that sum by a divisor, which is adjusted periodically to account for stock splits and other corporate actions.
3. The DJIA is considered a "price-weighted" index, meaning that the stocks with higher prices have a greater impact on the index's value.
4. The DJIA is one of the oldest and most widely followed stock market indices in the world, and it is often used as a barometer of the overall performance of the U.S. stock market.
The DJIA is composed of a mix of blue-chip and cyclical stocks, which means that it tends to be more stable than some other stock market indices, but it can also be affected by economic and market cycles.
The DJIA is often abbreviated as "the Dow" and is quoted in points, rather than dollars. For example, a DJIA value of 32,920 means that the index is at 32,920 points.
WHAT IS MADE UP OF THE DOW JONES?
3M
American Express
Apple
Boeing
Caterpillar
Chevron
Cisco Systems
The Coca-Cola Company
DuPont
Exxon Mobil
Goldman Sachs
The Home Depot
IBM
Intel
Johnson & Johnson
JPMorgan Chase
McDonald's
Merck
Microsoft
Nike
Pfizer
Procter & Gamble
Travelers
UnitedHealth Group
United Technologies
Verizon Communications
Visa
Walmart
The Walt Disney Company
Exxon Mobil
What Index would you like to know about next?
I'll write about it and post it here.
Trade well, live free.
Timon
MATI Trader
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 1H chart Goldturn support and resistance levels and targets.
Although the chart structure is Bullish, and we are expecting another challenge to 1806 Goldturn, we must keep in mind this is a resistance structure and failure here may start with some retracement into the areas below. Our plans to continue to buy dips are still in play and we will keep the retracement levels in mind when planning entries.
BULLISH TARGETS
1798
1806
EMA5 CROSS AND LOCK ABOVE 1806 WILL OPEN 1815 AND 1822
BEARISH TARGETS
1789
1783
1777
1769
EMA5 CROSS AND LOCK BELOW 1769 WILL OPEN THE SWING RANGE
SWING RANGE
1754
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 - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see updated Goldturn levels and targets for our 1H chart setup.
Price is ranging between both support and resistance structures. We saw price tested 1758 resistance twice last week but EMA5 failed to cross 1758 confirming the rejection foe the push down. We then saw price break below 1750 but EMA5 failed to cross 1750, which confirmed the rejection for the push up. We will need to see a break of either of these levels with EMA5 cross and lock to confirm the next structure.
BULLISH TARGETS
1754
1758
EMA5 CROSS AND LOCK ABOVE 1758 WILL OPEN UPPER LEVELS (1761, 1765, 1767)
BEARISH TAREGTS
1750
1746
EMA5 CROSS AND LOCK BELOW 1746 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1730
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 & TARGETSHey Everyone,
Please see updated 4H chart weighted Goldturn levels and targets. We are now seeing price range sideways between 1739 - 1755.
EMA5 failed to cross 1739 twice forming a double bottom confirming the push up. We are now seeing price test 1755 but failed to cross with EMA5. We will need to see this level break to confirm 1778.
Our plans to buy dips from support levels is still in play. We will look to track and trade the movement level to level using EMA5 cross and lock level to level.
BULLISH TARGETS
1755
1778
1797
BEARISH TARGETS
1739
1718
SWING RANGE
1707
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 - END OF WEEK UPDATEHey Everyone,
Quick closing post for the week. We had a TARGET at 1761 yesterday, which was HIT during the Tokyo session. However, EMA5 failed to cross 1758, which followed with a rejection, as stated yesterday a failure to cross and lock 1758 will follow with this rejection.
However, we remained Bullish from Dips and strategically took buys from the drop using our Intraday levels and MA touches and finally rode the move up again.
We will now come back Sunday with our full multi timeframe analysis for the coming 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 4H chart setup and analysis.
This chart has broken the first level of the support structure at 1760 with a gap left open to 1742. However, there is a EMA5 detachment left above on Marlet close on Friday at 1755, so market may go and challenge this on open and if this finds momentum, it can go for the bullish targets, leaving 1742 open.
Should price challenge 1742 first, we will look for EMA5 to cross and lock below to confirm further movement down or a rejection here will see price head back up for the retest on last week's high.
We will track the levels using EMA5 cross and lock zone to zone and level to level.
BULLISH TARGETS
1755
1760
1777
1788
BEARISH TARGETS
1742
1731
EMA5 CROSS AND LOCK BELOW 1742 WILL OPEN THE SWING RANGE
SWING RANGE
1707
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 - DAILY CHART LONG TERM GOLD OUTLOOKHey Everyone,
Update on our DAILY chart long term setup. Still playing out, as projected. We are currently seeing some correctional retracement with a gap still open to 1740 - 1727 ZONE. Once price finds support again, we expect another push up for MA200 touch.
We will be tracking and trading the movement level to level on the lower time frames but keeping in mind the potential of a similar long-term breakout like May 2021.
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 our updated weekly chart analysis.
This chart played out perfectly so far. We had the support challenge at support structure 3 weeks ago followed with a nice push up just like we analysed with a perfect HIT at 1787 level. We are now seeing a rejection here, as we also have a EMA5 detachment below just above 1710, also in line with the swing range on our smaller time frame analysis.
Although the detachment is below it can magnetise halfway before heading back up, as this area of resistance that price has challenged; historically always tested more than once and then eventually broken to the upside, otherwise followed with huge drop down, which we currently can't see.
This is our long-term view, so we will keep this in mind while tracking and trading the movement level to level on the shorter timeframes.
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
EURUSD: Important resistance has been met at 1.0350-70EURUSD has met important resistance area at 1.0350-70 levels and at least a pullback at lower levels is our most preferred scenario.
We are Sellers at current levels, adding more at 1.0330-40. Stops above 1.0370, targeting 1.0220 area.
Below you can see the picture from the Daily chart.
KNC Divergence by ADZ indicatorBINANCE:KNCPERP
KNC can see one more capitulation but we have a good news
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️Global FIB. Came to investments area -0.18 Level.
➡️Now we can test on weekend 0.54 D1 timeframe global downtrend line
➡️Target for middle term correction for next bull run if you are investor 0.618 marked
➡️Capitulation on Black Swan 0.16 cents (more than possible for KNC
➡️We need volume for continuation. We trade under fundamental price
➡️Good sign by ADZ indicator big players accumulate KNC and price going lower. We can see one more dump for confirmation
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
GoldViewFX - Market UPDATEMorning Everyone,
Just a quick update for you all.
We are seeing the range bound movement since rejection at 1680 and now seeing support 1668. We will look for EMA5 to break and lock either side to track the next breakout.
We have also updated a Goldturn channel, which we will use to track the movement. We remain Bullish from dips and taking buys from support levels using our VIP intraday levels.
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 - END OF WEEK UPDATEHey Everyone,
We had a fantastic finish to the week once again. Please see our 4H chart and summary below, which is now fully complete with all targets HIT.
BULLISH TARGETS
1651 DONE
1664 DONE
1672 DONE
EMA5 CROSS AND LOCK ABOVE 1672 WILL OPEN 1691, 1699 AND 1718 - WE WILL LOOK OUT FOR THIS NEXT WEEK
BEARISH TARGETS
1641 - DONE
1632 - DONE
1625 - DONE
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1616, 1607 AND 1597
SWING RANGE
1626 - DONE
BACK TO BENCHMARK ALSO COMPLETE - PLEASE SEE BELOW
We will now come back Sunday with our full Multi timeframe analysis for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Enjoy your weekend everyone!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
Price is testing the swing range now and we need to see EMA5 cross and lock below 1625 to open the lower range, as per targets below. However, should price fail to cross and lock below this level we will see a new Goldturn above this level, as a confirmed rejection for price to push up again.
Our levels are still valid and therefore, we will use our EMA5 cross and lock to track this movement level to level in either direction.
Yesterday's Fed rate announcement and the subsequent press conference gave something to both professional gold bulls and bears. The retailers and the dumb money simply got chopped up like mince. The frenzied action both ways was a result of the Fed's double talk. We currently have a global pivot in play, but the Fed still categorically refused to join in with clear statements although they refused to push the idea of hitting a high peak rate. That was in contrast to previous statements for expected rate hikes in 2023 hence the idea in some quarters that they were being dovish. Dovish by contrast however does not mean dovish in reality and we now see the market scrambling for their next move because of the asymmetry.
Today is the Bank of England's Super Thursday which will rock GBP/USD with their rate hike announcement and this in turn will impact gold. We also have NFP tomorrow so please be sensible with lot sizes and ruthlessly disciplined with your risk management. It is worth noting that volatility should not be feared if you have a successful strategy in place. Indeed, volatility can provide the best periods for profitability so long as it is managed volatility. What we have been seeing recently is volatility creeping outside of being influenced/managed by market manipulators. Even this can be traded through so long as you know what you are doing. Here at GVFX, we collect the pips through the quiet, the storm and after.
BULLISH TARGETS
1651 DONE
1664 DONE
1672
EMA5 CROSS AND LOCK ABOVE 1672 WILL OPEN 1691, 1699 AND 1718
BEARISH TARGETS
1641 - DONE
1632 - DONE
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1616, 1607 AND 1597
SWING RANGE
1626
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 & FOMC MARKET UPDATEHey Everyone,
Another FANTASTIC day of trading with our SELL from the top and then the spike up HITTING our Bullish TARGET of 1664, which we called this morning. We are now seeing the rejection at our resistance structure with the price wicking out from this resistance level back into our range heading towards yesterday's low. This means all our levels are still valid to track and trade once again.
We are now out of all positions and waiting patiently like we said for this drop to complete and then we can take a nice ride up from a tested support GOLDTURN confirmed with our VIP signal.
The Fed have hiked interest rates by the amount expected. Geopolitical tensions will remain on the Ukraine/Russia front and we should also see tailwind action for gold on the North Korea front with the missile tit for tat getting increasingly worrying. As always, we'll trade it technically.
BULLISH TARGETS
1651 DONE
1664 DONE
1672
EMA5 CROSS AND LOCK ABOVE 1672 WILL OPEN 1691, 1699 AND 1718
BEARISH TARGETS
1641 - DONE
1632 - DONE
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1616, 1607 AND 1597
SWING RANGE
1626
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
Nasdaq100 Simple Chart AnalysisFor tech sector, we might have a repeating pattern to play here as current movement seem going a 3rd attempt to break those red arrow resistant area.
If those area break, tech will be in play here. Well, this seem a positive sign from FOMC?
My Market Outlook.
Way back to 2018, there is a consecutive heavy drop for 3 months & market regain its strength on mid Nov. Will this miracle happen again cause we are very near to Christmas month. Well, this is just a recap as no one really knows what will happen to the market tomorrow. Back to reality, market is still digesting Feds rates which is very close to 5% if this hike expectation was at 4% follow by another 0.5 on Dec. Can this hike rates able to kill off the inflation rate? Is very important on these data to analyze the market direction.
Keep monitoring all this as it will come to a conclusion cause market drop are factoring in the worst hike ever happen in history. Once Feds slow down & give the 1st cut forecast, bull will be alive for the entire market ! Most important is everyone still alive here 😃. This will be our once a life time rebound opportunity. Reserve as much cash as possible.
GoldViewFX - DAILY CHART ANALYSISHey Everyone,
Please see our daily chart update and our updated Goldturn descending channel. Price has been respecting this channel for a while and now we are seeing price test a strong level of support. 1641 Is a significant challenge on the daily chart.
Daily chart EMA5 cross and lock below this level will open the 1602 AXIS and continue in line with the channel. However, once a channel is respected for a while it is these levels of support that provide the rejection needed to break out of the channel. Should EMA5 fail to cross below 1641 we should see price head to challenge the channel top and potentially breakout for the Bullish TARGET.
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