GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATEHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
Our long term swing range gave the perfect swing into hitting all our bullish targets with our last target hit at 2313.
We are now seeing price break out of the channel with a candle body close gap open to 2360.
However, we will need to see ema5 break out of the channel for further continuation above the channel with 2438, as our long range/term target. Failure of ema5 to break outside the channel will see price back into the channel for the channel half line challenge, as the new updated swing range.
We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
Tradingideas
GOLD MN CHART LONG RANGE ROUTEMAP & TRADING PLAN Hey Everyone,
After completing all our long range targets, we are now seeing price break out of the ascending channel. However we will need to see ema5 cross outside the channel to establish another bullish run above.
We also need to keep in mind the detachment below highlighted in circle and may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel will see the swing range zone tested long term.
We still remain Bullish and will only safely take buys from support levels.
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
Long-Term Growth Potential of HDFC Bank Hello everyone, I'm sharing a long-term investment plan on HDFC Bank. The price is currently at a great level, about 1400. Over the last two to three weeks, the stock has been declining, and it is currently near a buying/support region. If the stock breaks this level, we will purchase some dips and hold until the 1000 level to break even.
1900 would be the first target, and roughly 2400 would be the second.
GOLD TRADING PLAN UPDATEHey Everyone,
Quick update from yesterday. We got some retracement during Tokyo session, as expected and then another round off bullish action into our target. We finish off the week with all targets complete across all our chart ideas - BOOOOM!!!!
We will now come back Sunday with our updated Goldturn levels for the new range blue print, targets and trading plans for the coming week.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a smashing weekend!!!
GoldViewFX
XAUUSD TOP AUTHOR
SQUIDGROW BIG RISK BIG GAIN PART 3 Let's clarify right away, this is an altcoin that has a small market cap, but some zones that should have held have held out, especially bullish on a large time frame. It is not a persuasion to buy, but my knowledge plus a trade idea
if you like this series, click like. See part 2 and part 1 below by clicking on the arrow where the price went
XAUUSD: Dollar recovers beforehand of nonfarm payrolls informati
The greenback index and greenback index futures rose 0.2% in Asian buying and selling on Friday, rebounding from sharp declines in advance withinside the week on anticipation of the pound Non-farm wages } indicates buyers returning to the greenback.
Inflation and the power of the hard work marketplace are the Fed`s largest concerns in slicing hobby costs this year. However, inflation has emerge as intense in current months, whilst payroll information has additionally continually passed marketplace expectations.
In addition to payroll information, US client fee index inflation information may also be launched subsequent week and is probably to offer similarly indicators on hobby costs.
AUDUSD: Asian foreign exchange was little changed, the dollar leThe greenback fell from a almost five-month excessive after Powell`s remarks
The greenback index and greenback index futures fell barely in Asian trading, extending in a single day losses after Federal Reserve Chairman Jerome Powell gave blended indicators on a reduce. lessen US hobby fees.
While Powell stated the Fed might subsequently reduce hobby fees later this year, he gave scant indicators at the timing and length of cappotential cuts. Powell additionally stated the crucial financial institution will want to be extra assured that inflation is shifting towards its annual goal of 2%.
Powell's remarks come simply in advance of key March nonfarm payrolls data, due out on Friday. Steady inflation and the electricity of the hard work marketplace are the Fed's largest issues in its capacity to reduce hobby fees.
Ahead of the hard work data, there has been additionally recognition on speeches from different participants of the Fed's hobby rate-placing committee. FOMC participants Michelle Bowman and Thomas Barkin will communicate at separate occasions afterward Thursday.
GBPJPY Analysis (5th April 2024)
GBPJPY Analysis
On the 4 hour timeframe, price has created a Bullish Change of Character after testing the daily bullish Golden Fib level. This tells us that price action is actually bullish. However, overnight price action created a huge pullback which coincides with a 4 hour bullish breaker block.
On the 1 hour timeframe, We can identify a 1 hour orderblock that created the bullish move we had earlier on the week and it has yet to be tested.
Ideally what i want to see price do is come and test the 1 hour Bullish orderblock before creating a 15 minute change of character for me to look for potential buys on this pair, targets we will be aiming at will be the relative equal highs at 192.227.
GoldViewFX - Gold MN CHART TRADING PLAN UPDATEHey Everyone,
After completing all our multi timeframe analysis on the 1H, 4H and daily chart our final monthly chart target was the last one standing.
Last week we stated that after hitting 2235 target we were looking for our long term target at 2296 for the extended range target.
- This was hit perfectly completing this chart idea!!!
We now have a detachment to ema5 below and channel top to form support and therefore expect some correction. 2235 and 2163 are mid term correctional areas.
However, we still remain Bullish and will only safely take buys from support levels.
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
EURJPY: the euro weakensIn Europe, EUR/USD fell 0.3% to 1.0789, near a five-week low, after data released earlier on Thursday showed German Retail Sales unexpectedly fell 1.9 % over February, illustrating the difficulties Europe's largest economy is suffering in the first quarter.
European Central Bank officials have become very dovish of late, with board member Piero Cipollone the latest to hint at an interest rate cut as soon as June.
“Wage growth appears to be on a gradual adjustment path over the medium term towards a level consistent with our inflation and productivity growth targets, in line with our inflation and productivity growth targets,” Cipollone told an event in Brussels on Wednesday. consistent with predictions".
GOLD 4H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Please see our 4H chart idea update, which was completed perfectly today hitting all our targets.
First we had ema5 cross an lock above 2218 to open2238 and 2253, which were both hit perfectly earlier this week. Followed with a further lock above 2253, which opened 2269 and 2288 - BOTH HIT PERFECTLY FO RTHE FINISH!!!!
We will now look at our monthly chart update for the final extension to the range before we use our algo to generate new Goldturn levels for this upper range for the rest of the week.
Our updated levels and weighted levels allowed 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
2238 - DONE
EMA5 CROSS AND LOCK ABOVE 2218 WILL OPEN THE FOLLOWING BULLISH TARGETS
2238 - DONE
2253 - DONE
EMA5 CROSS AND LOCK ABOVE 2253 WILL OPEN THE FOLLOWING BULLISH TARGETS
2269 - DONE
2288 - DONE
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
GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again another piptastic day for us on the charts.
After completing all our Bullish targets yesterday we had the rejection into 2231 support followed with the bounce. We then advised that we will need to see a new Goldturn formation above 2240 to establish a range here for a retest on the levels above again.
- We got the new Goldturn above 2240, as highlighted on the chart with a circle confirming the re-activation of the bullish targets once again and BOOOOM!!!! All targets hit!!!
We are now seeing price head towards the 2267 resistance level once again and will need to see ema5 lock above this level to open the range above or a failure to lock above will follow with another rejection to find support again.
Please also review our 4H chart idea to see the extended range above currently open.
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
2240 - DONE
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240 - DONE
2246 - DONE
2253 - DONE
2258 - DONE
2267 - DONE
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
GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again our chart idea played out perfectly hitting all our Bullish targets right form the get go when the market opened.
As stated we are seeing price challenge 2231 on market close on Friday and we needed ema5 to cross and lock above 2231 to open the range above.
- We got the EMA5 cross and lock above 2231 opening 2240, 2246 and 2253, which were all hit perfectly completing this chart idea!!!
We are now seeing a rejection back into the lower range and seeing price find support at 2231 changing resistance to support for the bounce into testing 2240. We will need to see a new Goldturn formation above 2240 to establish a range here for a retest at the highs created on the arrange above or failure to create Goldlturn support above 2240 will see price head towards 2231 for a challenge. A break below 2231 will will likely open the retracement 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
2240 - DONE
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240 - DONE
2246 - DONE
POTENTIALLY 2253 - DONE
BEARISH TARGETS
2225
2217
EMA5 CROSS AND LOCK BELOW 2217 WILL OPEN THE RETRACEMENT RANGE
2206
EMA5 CROSS AND LOCK BELOW 2206 WILL OPEN THE SWING RANGE
SWING RANGE
2189 - 2181
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
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price challenge 2231 on market close on Friday. This is a level of resistance and will need ema5 to cross and lock above 2231 to open the range above.
We have a bullish body close price gap target at 2240 and support targets at 2225 and 2217. We will need to see 2217 cross and lock with ema5 to open the retracement range and a further break below the retracement range will see the swing range open.. Failure to lock below 2217 will establish support above this range for re-tests on the levels above once again.
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
2240
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240
2246
POTENTIALLY 2253
BEARISH TARGETS
2225
2217
EMA5 CROSS AND LOCK BELOW 2217 WILL OPEN THE RETRACEMENT RANGE
2206
EMA5 CROSS AND LOCK BELOW 2206 WILL OPEN THE SWING RANGE
SWING RANGE
2189 - 2181
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
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two Goldturn levels, support at 2218 Goldturn and resistance at 2238 Goldturn.
We have a bullish gap open now at 2238 and we are seeing ema5 challenge 2218 and will need to see ema5 lock above 2218 to open the range above upto 2253 and a further lock above 2253 will open the range above.
However, we also have a target retracement range between 2196 - 2180 and a break and lock below 2180 will open the swing range and a further break and lock below the swing range will see the Goldturns tested below.
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
2238
EMA5 CROSS AND LOCK ABOVE 2218 WILL OPEN THE FOLLOWING BULLISH TARGETS
2238
2253
BEARISH TARGETS
2218
2196
2180
EMA5 CROSS AND LOCK BELOW 2180 WILL OPEN THE SWING RANGE
SWING RANGE
2180 - 2153
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
GOLD DAILY CHART MID/LONG TERM PROJECTIONHey Everyone,
Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly over the last few months.
Last week we highlighted that we are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extend the channel range to 2205 and 2237 long term.
This played out perfectly, as we saw the rejection play into the retracement area for the correction, inline with the channel half-line support. We then stated that we expected some support for a bounce and then continuation onto channel top.
- This played out once again bouncing off the channel half line into the extended channel top once again for the finish and heading into the targets highlighted with 2237 just left open. Just perfect!!!!
Once again we have highlighted and updated a route map within the channel for retracement and support tests and levels to extend the range and channel top. We ales keep in mind 2175 is holding the structure above the channel half line support.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GoldViewFX - Gold long term projection and plan.Hey Everyone,
This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top.
We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a test, also inline with the channel half line.
- THIS PLAYED OUT BEAUTIFULLY!
We then suggested that we will see a reaction on this channel half line for another push up to retest the upper range again.
- Once again this played out accordingly for the push up hitting our Bullish targets once again.
However, the 2080 target was left short just by a few pips so can still be considered open. Since then we saw the new monthly candle come down to attach to ema5 this month also highlighted with a circle on the chart. We are looking for dynamic suport here for a push up. If dynamic support fails to hold price here then we are likely to see price support above 1987.
- Just like we said we got the ema5 detachment complete but no dynamic support. 1987 provided the support and the bounce, as advised previously.
We are likely to see price now play between this big range. A break below 1987 will see the lower half of the channel range open up. However, support above this level inline with the channel half-line will give opportunities longer term to buy dips back into the 2080 level long term.
PREVIOUS UPDATE
BOOOOM!!!! Our 2080 target that we have been suggesting and targeting from dips was now hit perfectly last week. We now have 2163, as our long range target to complete this chart idea.
CURRENT UPDATE
2161 was hit last week completing our projection from last week for another perfect hit. We now now either see this channel break and go for the 2235 level or a rejection here for a correctional retracement will see price find support at the highlighted Goldlturns for a reaction until the bulls find momentum again to extent the channel range to then target 2235 and 2296 long term.
- This played out perfectly with the 2235 target hit perfectly and now our long term at 2296 left for the extended range. Once again we have highlighted and updated a route map within the channel for retracement and support tests and levels to extend the range and channel top for the future. We will also keep in mind 2080 is holding the structure above the channel half line support.
Trying to chase the right target is like chasing your tail. The best strategy to trade this, is by having a long term plan. We will continue to buy dips using our smaller timeframes and use the support ranges on this chart to plan our long term exposure to market.
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
EURAUD - High Probability Reversal Sell Zone 🚨Hello traders,
EURAUD has been moving sideways for a period. Expecting this sideways movement to finish at 0.786 - 0.88 Fibonacci levels.
SHORT Entry
- Watch the rejection of the sell zone.
- Look for a reversal pattern in that area.
- Stoploss: above the highs
- Target: 1.63592 ( -0.27 fib )
Goodluck and trade safe!
GOLD 4H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Another fantastic day on the charts for us with our 4H chart also hitting all our targets.
Earlier this week we got our bullish target 2180 hit followed with our ema5 cross and lock above 2180 opening 2196 and 2223.
We got the 2196 twice giving us plenty of opportunities to buy dips for the targets and now heading towards the final target at 2223.
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
2180 - DONE
EMA5 CROSS AND LOCK ABOVE 2180 WILL OPEN THE FOLLOWING BULLISH TARGETS
2196 - DONE
2223
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
EURUSD: EURUSD technical analysis todayLast week, US Federal Reserve (Fed) policymakers anticipated hobby quotes might lower through three-quarters of a percent factor through the give up of the year. The Fed and European Central Bank aren't predicted to ease as speedy or to the identical quantity as rising markets, leaving bring buyers to be greater selective. State Street Global Advisors recommends moving to lower-threat bring trades and the use of the solid Swiss franc because the investment forex, favoring shopping for the Indian rupee towards the Chinese yuan Quoc.
Low volatility is a key thing in prefer of bring trading, with Deutsche Bank`s CVIX index, which measures predicted volatility in 9 main forex pairs, hitting a low of almost 2-1/ 2 years. This has endorsed buyers to preserve conducting hobby charge bring trades. London-primarily based totally ING cited that no matter expectancies of multiplied volatility on the begin of the year, sturdy US information maintained the enchantment of bring trades for the time being.
Despite current hobby charge modifications through the Swiss National Bank and the Bank of Japan, marketplace volatility stays subdued, as indicated through low three-month dollar/yen implied volatility .
However, analysts warn that it might not take lengthy for markets to disrupt and bring trade, with ability triggers together with important financial institution policy, monetary information monetary occasions, geopolitical occasions and elections, mainly withinside the US this year. Petersen emphasised that the brink for multiplied volatility is pretty low, suggesting that the present day balance withinside the forex marketplace can be very delicate.
Falling to overlap support WTI (OIL) has just reacted off the resistance and could fall to overlap support that lines up with the 38.2% Fibonacci retracement.
Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level
Pivot: 82.33
Support: 80.91
Resistance: 83.54
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Yesterday we advised after hitting our final target at 2197 followed with the rejection back into the range will re-activate all the levels again.
Once again we saw price find support at 2175 Goldlturn followed with a nice push up into 2181 and 2191 for another round of buying dips with 2197 now left open.
We will continue with our plans to buy dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. Please also refer to our 4H chart ideas for further targets and activations.
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
2167 - DONE
EMA5 CROSS AND LOCK ABOVE 2169 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175 - DONE
2181 - DONE
EMA5 CROSS AND LOCK ABOVE 2181 WILL OPEN
2191 - DONE
2197 - DONE
BEARISH TARGETS
2158
EMA5 CROSS AND LOCK BELOW 2158 WILL OPEN THE RETRACEMENT RANGE
2148
EMA5 CROSS AND LOCK BELOW 2148 WILL OPEN THE SWING RANGE
SWING RANGE
2138 - 2125
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