Hey Everyone,
Another great day on the charts today with our analysis and plans to buy dips working out perfectly!!
After completing our targets all week, yesterday we stated that we were now looking for ema5 to cross and lock above 2649 to open 2678. We got the cross and lock, which followed with a nice move up of over 200 pips so far but just short of the full target. The gap remains open however, buying dip is the safest way to chase open gaps.
As long as support holds above 2649 with no lock below, we will continue to buy dips in this range until we see a failure above followed with a test and break and lock below 2649, which will open the lower Goldturn.
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 and knowing we have gaps above, allows us to safely buy from dips.
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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2574 - DONE
EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET
2599 - DONE
EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET
2622 - DONE
EMA5 CROSS AND LOCK ABOVE 2622 WILL OPEN THE FOLLOWING BULLISH TARGET
2649 - DONE
EMA5 CROSS AND LOCK ABOVE 2649 WILL OPEN THE FOLLOWING BULLISH TARGET
2678
BEARISH TARGETS
2551
EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET
2525
EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE
SWING RANGE
2506 - 2484
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Another great day on the charts today with our analysis and plans to buy dips working out perfectly!!
After completing our targets all week, yesterday we stated that we were now looking for ema5 to cross and lock above 2649 to open 2678. We got the cross and lock, which followed with a nice move up of over 200 pips so far but just short of the full target. The gap remains open however, buying dip is the safest way to chase open gaps.
As long as support holds above 2649 with no lock below, we will continue to buy dips in this range until we see a failure above followed with a test and break and lock below 2649, which will open the lower Goldturn.
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 and knowing we have gaps above, allows us to safely buy from dips.
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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2574 - DONE
EMA5 CROSS AND LOCK ABOVE 2574 WILL OPEN THE FOLLOWING BULLISH TARGET
2599 - DONE
EMA5 CROSS AND LOCK ABOVE 2599 WILL OPEN THE FOLLOWING BULLISH TARGET
2622 - DONE
EMA5 CROSS AND LOCK ABOVE 2622 WILL OPEN THE FOLLOWING BULLISH TARGET
2649 - DONE
EMA5 CROSS AND LOCK ABOVE 2649 WILL OPEN THE FOLLOWING BULLISH TARGET
2678
BEARISH TARGETS
2551
EMA5 CROSS AND LOCK BELOW 2551 WILL OPEN THE FOLLOWING BEARISH TARGET
2525
EMA5 CROSS AND LOCK BELOW 2525 WILL OPEN THE SWING RANGE
SWING RANGE
2506 - 2484
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.