GoldViewFX - MARKET UPDATEHey Everyone,
Great start to the week with our chart idea already [laying out to perfection. We got the drop into the highlighted retracement area, which gave the perfect reset bounce back into the range hitting the route map targets highlighted by our arrows.
We captured a clean 50 pip signal inline with our plans to buy dips.
Price is sitting between the support and resistance structure with immediate targets above at 1930 and 1934.
We will need to see the 1934 weighted structure break and lock to open the range above or a break and lock below the retracement range to open the swing range. Failure to lock below the retracement range will follow with a continuation above.
We will continue with our plans to buy dips and track the movement level to level using ema5 cross and lock on our updated Goldturn levels.
Our long term projection still remains Bullish.
BULLISH TARGETS
1925 - DONE
1930
1934
EMA5 CROSS AND LOCK ABOVE 1934 WILL OPEN THE FOLLOWING BULLISH TARGETS
1938
1944
1950
BEARISH TARGETS
1920 - DONE
1913 - DONE
EMA5 CROSS AND LOCK BELOW 1913 WILL OPEN THE SWING RANGE
SWING RANGE
1895
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
