GoldViewFX - Market UPDATE
Hey Everyone,
We had a nice movement up from the 1714 retracement range, as identified both on our H4 and H1 chart and now seeing price move sideways between 1725 - 1714. All Moving Averages are starting to converge ready for a breakout.
We are not committing anything big and just taking small Buys from support levels. We have FOMC tomorrow so may see some, pricing in action, creating some negative pressure on Gold. We will wait patiently for opportunities to counter with.
We have also highlighted the mini range breaker Goldturn levels that open up either the upper Goldturn levels (upto 1763) or lower Goldturn levels (down to 1685). We will use EMA5 cross and lock to confirm direction of the momentum level to level.
BULLISH TARGETS
1725
1736
BEARISH TARGETS
1714
1707
SWING RANGE
1685
As always we will keep you all updated with any changes to our plans throughout. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
We had a nice movement up from the 1714 retracement range, as identified both on our H4 and H1 chart and now seeing price move sideways between 1725 - 1714. All Moving Averages are starting to converge ready for a breakout.
We are not committing anything big and just taking small Buys from support levels. We have FOMC tomorrow so may see some, pricing in action, creating some negative pressure on Gold. We will wait patiently for opportunities to counter with.
We have also highlighted the mini range breaker Goldturn levels that open up either the upper Goldturn levels (upto 1763) or lower Goldturn levels (down to 1685). We will use EMA5 cross and lock to confirm direction of the momentum level to level.
BULLISH TARGETS
1725
1736
BEARISH TARGETS
1714
1707
SWING RANGE
1685
As always we will keep you all updated with any changes to our plans throughout. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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