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GoldViewFX - 4H Market UPDATE & TARGET$$Hey All,
Our 4h chart setup had the EMA5 cross and candle body close above 1826 to open and confirm 1836 and 1840.
This was a clean 70 pips up so far, close to 1836 point to point. Target is still short by a few pips so 1836 still open and 1840.
If we see a failure to cross 1836 with EMA5 even whiteout a candle body close, we can potentially see price reject to as low as 1814 for support. We will continue to update any changes to our plans.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATE and TARGET$$Hey All,
I know you keep hearing me say this....but here it goes....Another amazing day of trading for us. Those following we called 1834 as a target confirmed with EMA5 cross and lock. This target was HIT perfectly.
1839 is the next TARGET. We have identified a potential retracement range of 1828 and the swing range has also moved up in the setup. We remain Bullish and continue to buy dips.
Stay tuned for more updates and please don't forget to LIKE, COMMENT and FOLLOW to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H & DAILY MARKET UPDATEHell All,
Okay so we have hit the 1826 target perfectly on our 4h chart idea. We will now wait to see how EMA5 challenged this level. This level has been tested twice before and a EMA5 failure to cross had price rejected back to 1814 and below. We need to taker caution in adding long without further confirmation.
If ema5 crosses 1826 with candle body close, we should see price leave RANGEBOX 2 and target the entrance of RANGEBOX 1 at 1836.
This could be an area to short but we will wait for confirmation before making a move.
DAILY CHART
Once again 1827 target was hit on the daily chart idea posted today. This level is strong resistance on the daily chart in line with the H4 chart. It has failed 4 x previously. However the Bullish structure is still supported by the daily chart Goldturn trendline, which may give the support needed to break through. We will keep you posted throughout the week so stay tuned.
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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.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey All,
This is a follow up from yesterdays update. We caught some action from the bottom buying dips and took partials. We thought we would update the daily chart for you all, which also supports all our analysis.
We can see already historically in the past 8 months, every time 1818 had a candle close above it, price would always follow through and as a minimum hit 1827, which is the lowest of the range it would do. We tried to illustrate this, as best, as possible on the chart. We have also marked the potential swing range (potential reversal) to manage our risk.
A break below the swing range will open the lower targets. Should this happen we will update plans accordingly and share.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Update on TARGETS$Hey All,
Quick update on our TARGET - 1816. - BOOOOOM. What can we say once again we called it and we called it one way (see related post below). We banked at 1816, which was identified with a EMA5 cross and candle body close leaving a gap to Target.
We will now wait and sit back to see how EMA5 challenges 1816. If we see a cross with a candle body close above 1816, it will confirm 1824 and 1828. Although we also have long range targets above together with the Bullish structure we have identified, therefore we remain Bullish and continue our plans to Buy dips from good support levels.
We will post an update with analysis this evening to gear up for the morning.
Please don't forget to Like, Comment and Follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
Nifty Bank Buy Long Setup As You Can see There's a Strong Demand Zone, Waiting for price drop to that level and then we can execute a order after see some confirmation such like Bullish Engulfing etc. If price broke that Demand zone then we have to pay attention for retesting that area, then we can setup a Short Position. You can Share your thoughts on this topic.
Thanks! HAVE A GOOD TRADING FUTURE
GoldViewFX - Market Review LEVELS & TARGET$$Hey All.
Lets start with the hourly chart. Price is currently challenging 1807. This level was already broken with EMA5 cross and lock confirming gap to 1816. This target remains open and in range. We will look to continue to buy dips and entries will be banked and secured 20 to 30 pips at a time, as we sit in this range. We expect swings and lowest price point target we can see is 1793 on the swing range, which has served us well last week with sweet entries for buys. We will continue to play buys within the swing range and will only stop if 1785 breaks with EMA5, which will open target to 1776
The strong support that we need to keep an eye on is 1766. This level has not been tested since mid December and giving us confidence in the bullish setups.
4h CHART
The price seems to be respecting the Goldturn trendline to support the move up and 1790 Goldturn also providing this support. A break on 1790 on this H4 chart with EMA5 will open the lower targets.
4H CHART RANGEVIEW
We are currently sitting in RANGEBOX 2 which is 1789 - 1826 the largest of the 3 ranges and right in the middle of the range between two Goldturns 1804 - 1814, which defines the immediate two challenges the price will test on market open. Using EMA5 cross and candle body close will give us the confidence to commit to the right break in direction.
DAILY CHART
1804 was challenged with EMA5 but it looks like the cross has failed and we can see EMA5 flatlining above it, gearing up for another 1814 hit. We will be looking to see, which one of these level is broken with EMA5 and candle body close to open target to 1778 or 1839
We remain Bullish buying dips and we will keep you updated daily with how we trade the levels in stages. Please follow us to keep updated and don't forget to hit like on the post, we really appreciate it.
We have been in this industry a long time but only recently started sharing on Trading view in the last 5 months and very quickly we have picked up a strong following, we thank all our followers for this. Our strategies are very different and unique and we have started to see a lot copy cats copying our content. Please be careful entertaining these people, its clear from all our date stamped posts on this platform, that all the content is ours and my personal reputation in this industry also confirms this.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Update on LEVELS & TARGETS$$Hey Everyone,
Quick update before NFP. Our target at 1814 axis was HIT perfectly. Once again our Goldturn and Axis strategy confidently hitting targets. We have come onto this platform in a short space of time and making noise. That's all credit to our setups and strategies.
We now have an immediate range of 1804 and 1814 between two historical and recent Goldturns. We may see NFP momentum break either of these levels, but do not let the momentum and noise throw you off plan. We will watch how EMA5 challenges those two levels and not price alone. Once we see a break with ema5 and candle body close we will be more clear on next target. Whilst we may see some retracement from 1814, which we also capitalized on, ultimately we remain Bullish from dips and our strong support levels.
HOURLY CHART SHOWING TARGETS HIT (SEE RELATED POST BELOW)
We will continue with our updates.
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GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Daily chart UPDATEHey Everyone,
Just a quick share of our DAILY chart for end of play. This chart clearly shows our Goldturn trendline (Our unique way to draw trendlines) being respected. Ema5 has failed to cross below the trendline and it looks like todays candle will close above this trendline, securing EMA5 within the boundary.
Although we can see price break below the trendline and create some selling frenzy to get traders stuck, the clear cross of EMA5 would give us the stronger confirmation. Therefore until we see a EMA5 break, we can safely continue with our plans to buy dips.
We will come back in the morning with more updates and generally we will be watching the market and taking it easy due to NFP. Any trades we take will be small LOTs and low exposure, unless we really get a sweet spot!!!
GoldViewFX
XAUUSD TOP AUTHOR
4H Chart UPDATE & TARGETS$$Hey All,
Our plans to buy dips have played out well. We started with a buy signal that we took profit at 1805 and then took buys from every Goldturn level. We traded small lots due to the expected volatility around news events and NFP coming up and banked between 20 to 30 pips on each level to secure the profits. We then saw price drop to the 1789 Goldturn level and we got our entries at 1795 that we are riding up and banking on the way. Having our overall target of 1814 gives us the confidence to buy dips at Goldturn support levels.
We can see EMA5 bouncing of 1804 Goldturn and turning. This candle closing here will secure that target.
We will continue with our plans to buy dips unless we see 1789 break with EMA5 and not price alone.
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GoldViewFX
XAUUSD TOP AUTHOR
Paypal Correction coming to an end ? Paypal has taken a beat down this week but when we zoom out its no more than a healthy correction .
Price began to correct after putting in a double top back in the summer and from then on we identify a change in market structure .
We are way down at the .786 Fib and heading towards .886 for around 110 a share .
Always wait and see the reaction of a level and look at volume and reactions on a LTF will give you some clarification.
If .886 is the last stop then you want to see a change in market structure on LTF with a higher low /Higher high but i
would expect a reaction at this level .
Fib speed fan and FIB Expansion used in chart + fixed Range
GoldViewFX - Update on LEVELS & TARGETS$$Hey Everyone,
End of day update for you all. Once again its crystal clear and no Smokey screens, we called it again!!!!! We called the move up from 1795 and each target hit as planned. We had 1805 hit and now seeing some retracement. Our next bull target sitting at 1814.
We would like to see ema5 remain above 1800 to provide the support needed for this target. Any break on these Goldturns highlighted will create the momentum needed for the next target. We can choose to use this to trade the levels up and down or maintain buying dips. Due to having NFP this week, its difficult to bank on a one way trip to target, so we are managing our LOTs to accommodate the swings.
We will be posting updates daily with any changes to our plans or analysis. Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Updated LEVELS & TARGETS$$Hey All,
Quick update with hourly chart levels and targets.
We have a immediate range of 1795 and 1805. We are looking for each level to break with EMA5 to confirm next. The new Goldturn channel formation is geared up for the upper level touch with EMA5 cross above MA21 providing some momentum for 1805.
Please review market update on related post below for overall analysis and please don't forget to like the post.
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