GoldViewFX - Market UPDATE - BOOOOOM!!!!!!!Hey Everyone,
And BOOOM!!! Our chart idea played out to perfection hitting all our Bullish Targets.
Start of the week gave us the move into the retracement range inline with our plans to buy dips. We were then able to ride the boom up hitting all our targets.
We will now wait to see if we get a EMA5 cross and lock above 2006 to confirm movement into the upper range and then track it level to level.
Please also refer to our 4H chart idea for upper level openings.
BULLISH TARGETS
1977 - DONE
1995 - DONE
2006 - DONE
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2020
2042
2050
BEARISH TARGETS
1960 - DONE
1946
EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN 1929
SWING RANGE
1929 - 1913
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
Forexanalysis
GoldViewFX - Market UPDATEHey Everyone,
Fantastic start to the week with our chart idea playing out perfectly.
We had a nice drop into the retracement range as analysed on our chart and then confirmed our buy signal for a nice buy up into our first targets. We now have a cross and lock above our weighted level with the gap open to 1995.
We will continue with our plans to buy dips from support levels confirmed with our signals and track the movement down and up with EMA5 cross and lock.
BULLISH TARGETS
1977 - DONE
1995
2006
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2020
2042
2050
BEARISH TARGETS
1960 - DONE
1946
EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN 1929
SWING RANGE
1929 - 1913
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
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 1H chart Goldturn support and resistance reaction levels and updated targets.
Price is sitting between both support and resistance structure with ema5 cross and lock above 1977 leaving a gap target open to 1995 and also a cross and lock below 1977 leaving a gap to 1960.
We will keep this in mind and continue with our plans to buy dips from strategic Goldturn support levels to stay in line with our overall long term trend.
BULLISH TARGETS
1977
1995
2006
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2020
2042
2050
BEARISH TARGETS
1960
1946
EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN 1929
SWING RANGE
1929 - 1913
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
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart Goldturn support and resistance reaction levels and updated targets.
We have EMA5 cross and lock above 1966 leaving a gap target to 1991.
We will keep in mind the highlighted retracement level when planning buys form dips.
Price is moving sideways between the range gearing up for a breakout. We will use EMA5 cross and lock above or below each Goldturn level to track the breakout level to level.
BULLISH TARGETS
1991
EMA5 CROSS AND LOCK ABOVE 1991 WILL OPEN
2005
2024
BEARISH TARGETS
1966
1942
EMA5 CROSS AND LOCK BELOW 1942 WILL OPEN 1919 AND POTENTIALLY 1899
SWING RANGE
1919 - 1899
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
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Please see the daily chart setup we have been tracking for a few months now. with our final target at 1992 being HIT 2 weeks ago. We now have price close above 1992 leaving a long range gap target to 2026. As mentioned last week we will need EMA5 cross and lock above 1992 to solidify the confirmation for the push up into the higher levels.
We saw some movement down last week to complete the daily chart ema5 detachment that we highlighted on our chart, which was hit perfectly but not the full retracement. We will keep this in mind for potential swings to complete the full retracement. For now the 1992 gap has re-opened again with candle body close above 1968 leaving the gap open.
We will use our smaller timeframe chart ideas to track the movement level to level to pick entries and exits inline with our plans to buy dips.
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
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
This is the weekly chart we have been tracking for a few months now. This chart played out perfectly so far completing the full range of targets.
We are now seeing price respecting and bouncing between 1928 and 1986. We will need to see 1986 AXIS LEVEL break with either a candle body close or ema5 to confirm a breakout above into the final AXIS LEVEL at 2040.
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
GoldViewFX - Market UPDATEHey Everyone,
Another PIPTAISTIC week for us of trading this week. We got our drop into the retracement range highlighted on the chart, which we used to buy dips throughout the week into our target zone of 1977. We now have EMA5 cross and lock above 1977 opening and leaving a gap to 1991.
We also have EMA5 cross and lock below 1977 leaving a gap to 1955. Gaps in both direction confirms some ranging movement side by side. We will keep this in mind when buying dips in line with our long term plans.
We will now come back Sunday with our updated multi timeframe analysis and trading plans for the coming week.
Have a great weekend all and please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD as we all know gold is been violate for few days or week..and it was non stop as all eccepting that gold will make a new high but in same way gold may fall once to rise and make new high, my analysis is simple thank you for folloing and like my idea.
gold break the support and got rejection from the 2nd daily support or we can say gold is return to retesy breaking zone. 4H cadlle stop in red doji,,...
what you all think bout gold ?? fall or fly..?
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GoldViewFX - Market UPDATEHey Everyone,
Another fantastic day of trading for us. As you can see our 1H chart idea is playing out perfectly. Tracking the movement level to level. We saw the movement down into the retracement range yesterday, which provided the bounce we highlighted for a lovely push up into the level shown by our arrow on the chart idea.
Small gap remaining to 1977 target to complete this move, which is playing out as we post this.
We will now wait patiently to see 1977 hit and then cross and lock for further movement up towards the upper highlighted levels. Should 1977 fail then we will continue to track back into the retracement range and trade this level to level.
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
USDJPY Possible Long SetupUSDJPY broke major resistance that now is a major support on daily timeframe, and this major support coincides with the area of our ascending daily trendline, I believe that the price will touch it, and then it rejects, giving us a good entry for long, I will wait for confirmation and update the idea.
EURCAD Possible LongEURCAD is making Higher highs, still being a little far from the next Major resistance, so I'm going to try to buy close to the Ascending Daily Trendline as shown by the arrows I drew, the Trendline coincides with the lower recent support so i believe that this support trendline is the perfect place for the Long. I'll update the idea if it gives us the entry we're looking for.
XAUUSD Technical Analysis 28.03.2023 1h chart– Previous Daily candle closed Bearish at 1956.400 respecting Daily Resistance formed on Friday 24th March.
– Buys on close above 1960.000 targeting 30min previous Support at 1967.000, Leaving Runners to the 1h Resistance at 1971.400.
– Sells on close below 1952.500 targeting 4h Support at 1945.500, Leaving Runners to the Daily Support formed at 1940.200.
– We have CB Consumer Confidence and Richmond Manufacturing Index data during the New York session.
GoldViewFX - Market UPDATEHey Everyone,
Our 1H chart has started to play out with price rejecting at 1977 Goldturn into the retracement range we identified. The retracement range provided a nice bounce. The range is now between 1940 Goldturn and 1977. Unless we see 1940 break with EMA5, we are likely to see another 1977 challenge. As stated yesterday we had a candle body close below 1977 Goldturn leaving a gap open to 1955, which was completed today, as part of the retracement zone.
We are also keeping mind the cross and lock above 1991 updated weighted Goldturn leaving a gap to 2006. However, we will need to see EMA5 break and lock above 2006 to confirm further move up towards the upper levels.
BULLISH TARGETS
2006
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2029
2050
BEARISH TARGETS
1977 - DONE
1955 - DONE
EMA5 CROSS AND LOCK BELOW 1955 WILL OPEN 1940, 1925, 1913.
SWING RANGE
1925 - 1913
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
GBPJPY Technical Analysis 27.03.2023 1h chart– Previous Weekly candle closed Bearish at 159.800, Friday Daily candle also closed Bearish as it broke below recent Daily Support formed on Monday 20th March 2023.
– Buys on close above 160.030 targeting 1h previous Support formed on 23rd March 2023 at 160.390, Leaving Runners to the 1h Resistance formed at 160.770.
– Sells on close below 159.270 targeting 4h Support at 158.950, Leaving Runners to the Monthly Support formed in January 2023 at 158.420.
– Bank Of England Governor Andrew Bailey due to speak at the London School of Economics after the London session close.
USOIL OUTLOOK (27th - 31st March)With central banks having to promise they would deal with the liquidity crisis that is apparently everywhere and avoid another 2008-style meltdown of the industry.
Crude oil prices came off their lows as the near-term outlook for the banking sector improved, easing concerns about an economic slowdown later in the year.
Markets are also holding out for more cues from an OPEC+ meeting next month, with hopes that the cartel will cut production in response to a recent tumble in prices.
Oil has failed to break supply at 70.11 for the past three days which price is likely suggesting the efforts to convince the public that all will be well are not exactly being successful.
If price fails to break and close above 70.11-70.34 range I see selling opportunity towards major support at 66.85 if broken would see price tap into demand at 66.33-64.31 range where there could be possible reversal or a continuation.
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart Goldturn support and resistance reaction levels and updated targets.
We have also updated the chart with our Goldturn ascending channel which take out the candle noise and our unique way of drawing channels. The channel support is being tested and may extend into the retracement zone. However, if EMA5 maintains its position above the Goldturn channel support, we should see a push up to at least the channel half-line at 2005.
1991 Goldturn is providing resistance which provided the momentum for the push down to support. A break above 1991 with EMA5 will confirm and solidify the gap target above.
Should we see price break out of the channel for a retracement test, we will need to wait and confirm support above with a Goldturn or a close below the range will open the swing range.
BULLISH TARGETS
1991
2005
EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN
2024
2035
2060
BEARISH TARGETS
1966
1942
EMA5 CROSS AND LOCK BELOW 1942 WILL OPEN 1919 AND POTENTIALLY 1899
SWING RANGE
1919 - 1899
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
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Please see the daily chart setup we have been tracking for a few months now. with our final target at 1992 being HIT last week. We now have price close above 1992 leaving a long range gap target to 2026. EMA5 cross and lock above 1992 will solidify the confirmation for the push up into the higher levels.
However, we have a EMA5 detachment below, which is why we are seeing the retracement and expect this to re-attach before we can access a re-test above. If price finds momentum during the attachment to ema5, we may also see price go the for the retracement zone challenge.
We will use our smaller timeframe chart ideas to track the movement level to level to pick entries and exits.
This chart has been playing out perfectly over the last few months, as we continue to track the movement to buy dips.
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
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone,
Please see our Monthly chart, which was complete last week with all targets HIT and now UPDATED with a ATH target test. This is a longer range/term projection so expect swings in between, as the month close this week will create a detachment below which will require some retracement.
Price is now at a critical zone and we must tread carefully now. A test to ATH is likely and either a new ATH will be created or a big tank down. We will use our smaller timeframes to track the movement level to level.
We were able to track and trade this entire movement using our smaller timeframes for entries and exits. We identified the swing from the support all the way up to our test zone target that we have been reminding you all every time we updated this chart. This open target gave us the confidence over the last few months to buy dips. The swings we had below we also highlighted, as detachments that were completed and provided the dynamic support for a push up each time.
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