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GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, Please see 4h chart. TARGETS 1903, 1912 RETRACEMENT TARGET 1881 SWING RANGE 1855 We remain Bullish buying dips. 1903 is our next target but we have outstanding retracement target to 1881. We have already banked our buys and now staying out for the remaining trading day and closing the week on a high!!!! Chasing a trend all the way to the finish line can be risky. I always manage my risk with the range and even after seeing targets, I still get out with 20 to 30 pips at a time. This allows me to quickly switch up direction, should the structure change, without feeling committed. I will come back with some thorough analysis this weekend with targets up and down, to watch out for next week. Please don't forget to like, comment and follow to support our work. It helps us to bring more quality content to you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
25
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
OANDA:XAUUSD
by Goldviewfx
8
GoldViewFX - Update on STRUCTURE and LEVELSDaily chart remains in a Bullish structure, although we saw a big rejection at 1852 target. We have a Goldturn trendline being supported in an upward trend, which is still in a Bullish setup. Until we see EMA5 on the daily chart crossing 1801 level the setup remains Bullish to pick buy entries once momentum settles. However we have eased up on buying dips, as the remaining timeframes have started to change structure. Please see updates on HOURLY and 4HOUR charts below. 4HOUR CHART This chart just about maintains the Bullish structure but price is about to challenge 1791 with EMA5. A break down on this level will change the Bullish structure on H4, however right now still holding. This is at a transitional stage and best to wait for momentum to settle. HOURLY CHART UPDATE The hourly chart has changed structure and broken down strong supports, that have opened up lower targets, in the short term that momentum can easily go and hit. Our sell signals are starting to take strength. However this is all momentum driven so far and we will wait for all timeframes to fall in line before making a new trading plan for the coming weeks. We will now observe the market over the next few trading days and make any changes needed to setups for a transitional switchover in direction and strategy if needed. Please don't forget to like, comment and follow to support us, we really appreciate it and it helps us to bring regular updates to you all. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
10
GoldViewFX - BACK TO BENCHMARK - BASIC ANALYSIS STRATEGYWe promised to share this with some of our newbies and thought it would be good to share it with you all. This is a prime example of how any Fundamental event related spikes up or down, come back to where the spike started; we refer to this, as Benchmark at GoldView. The framework resets when a strong Range breaker shifts two ranges and in that case it will retrace half the Benchmark. Looking at current chart, we have done half way, so either it pushes up from here or the lowest we can see it go to for now is 1814. Hope this helps, Please don't forget to like, comment and follow to support us GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
26
Trading Simple: major trendline breakout! Keep your analysis clean and simple. Vision wise it gives you a better understanding and clear trading plan. A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels. Fundamentally: USD Dollar finally starts feeling the hit of the FED's decisions Markets worldwide are in a critical situation People are feeling scared Gold broke major resistance areas and it is already on a bull run. Wait for a pullback to enter this trade! Best of luck. Follow my channel for more simple trading strategies. Trading Simple International
Short
by Felipersan24
2