Supply zone for short 2336, next supply zone: 2346, stop loss: 2356, target: 2285
Good evening gold gang ... wow its really just straight bullish action Theres nothing we can do but wait for the best time to buy for the final 300 pips to all time high The 2 best buy zones are on the chart .. i believe we should hit ATH before NFP friday Until then ... lets just watch the carnage unfold as fellow retailers fomo in the buys to push us up .....
Whats up gang!!! another profitable day but wowwww was it boring .. price stuck the range again .. we need a breakout soon! Price levels same as yesterday as we didnt move today at all .. hoping to get to one of the major zones here for a buy or a sell .. not bothered which at this point lol hit the like if you got in with us today! catch you in london tommy
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2051 for a immediate bullish target and 2036, as our bearish retracement target. We will see price...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We have been safely riding the move up last 2 week from dips and then tracking the movement down last week. We are now seeing price test a weighted support structure 2001 - 1990 with a immediate bullish target open at 2012 and a retracement range target at 1990 However, we...
Hey Everyone, Please see our updated daily chart structure, levels and targets. Price is testing a support structure on the daily chart with some room still left. We are expecting a reaction on this zone, which is also inline with the Goldturn channel support. We will need to see the channel support break with EMA5 to confirm a structure breakout into the...
⚡️Gold prices continue to decline after the Fed's interest rate decision. The Fed kept the current benchmark policy rate unchanged at 5.5%. Precious metals are under pressure ahead of the Fed's forecast of additional interest rate hikes in 2023. ⚡️Gold prices continued to lose money for the third straight day, trading around $1,925 lower in the early trading...
Hey Everyone, Following on from yesterdays update we had the cross and break below 1917 with ema5, which opened the lower range 1910 AND 1905 - Both these targets were HIT today. We also suggested inline with our long term plans to buy dips that these weighted levels will give 30 to 40 pip bounces. This also played out giving some sniper entries and exit. The...
Hey Everyone, Once again our chart idea is hitting level to level and playing out in true GoldViewFX style. As shared throughout the week we HIT all our bullish targets and completed the last target yesterday at 1943. We then so price retrace back in the range where we stated it will now reactivate our levels to track again level to level. We also stated to...
Hey Everyone, And what can I say apart from BOOOOOOM!!!! We shared our last target yesterday for 1943, which was hit perfectly today!!1 The cross and lock above 1925 gave confirmation for 1934 and 1943, which gave us plenty of time to get in for the action. We are now looking for a cross and lock above 1943 to open the range above or a retracement back in the...
Hey Everyone, Quick update from us on our 1H chart idea. Price is now ranging sideways after the move into the range yesterday hitting our bullish targets. We are seeing EMA5 support at 1916 with a open gap to the last target in range at 1925. We took the buy from the dip for our usual 30 pips for a safe exit. We will continue to buy dips, as part of our plans...
GOLD again short, XAUUSD still downtrend. GOLD is HL/LL on H1 and H1. Daily is downtrend
4th August daily key reversal bar, made a new low closed off the high dictation for strength ahead. price require time to build energy. buy gold with low risk, add more buying if price comes down to retest low area of key reversal bar. stop loss below 1925. target: 1949 & 1954.
Hey Everyone, This is a quick update on our weekly chart outlook and setup, we have been tracking for a while now. We stated last week the likely target drop into the retracement range for a push up. We got the perfect test into the retracement range, followed with the weekly candle nearly wicking out with the bounce up. We were able to track and trade this...
Gold has reached a strong support and rejection off the trend line. I expect a push up to retest break of structure. If support is broken the next bottom is 1825 - 1830
Gold analysis today . Gold is now priced at 1940 - 1941, the price is still moving at that price. If we look at the trend in general, we can see that Gold has experienced a very drastic decline, since there was news of America's inflation getting worse in history. . The market has tended to be bearish in recent weeks, and we can do short sell options to take...
With Dollar gaining some momentum upside, GLD should follow the uptrend from short term. Find the trading zones defined for trades, each parallel zone has it's upper line as resistance and down line as support. Follow the trend, buy/sell once the resitance/support trend is broken. Good luck trading!