GoldViewFX - Market UPDATE
Hey Everyone,
As you can see our 1H chart setup played out perfectly with the movement confirmed with EMA5 cross and lock below 1687, which opened 1676 and the full swing range. We are now planning our entries to catch the movement up from support levels and playing with small lots. The cross and lock is a great way to track the movement, as you have already seen. Managing your lot sizes to give you a buffer for the entries will also protect you against any swings.
The chart levels are still valid, and we can continue to track the movement with EMA5 cross and lock.
BULLISH TARGETS
1697
1709
1725
EMA5 CROSS AND LOCK ABOVE 1725 WILL OPEN 1734 AND 1742
BEARISH TARGETS
1687 - DONE
EMA5 CROSS AND LOCK BELOW 1687 WILL OPEN 1676 - (DONE) AND 1660
SWING RANGE
1660
SUPPORT STRUCTURE
1620
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
As you can see our 1H chart setup played out perfectly with the movement confirmed with EMA5 cross and lock below 1687, which opened 1676 and the full swing range. We are now planning our entries to catch the movement up from support levels and playing with small lots. The cross and lock is a great way to track the movement, as you have already seen. Managing your lot sizes to give you a buffer for the entries will also protect you against any swings.
The chart levels are still valid, and we can continue to track the movement with EMA5 cross and lock.
BULLISH TARGETS
1697
1709
1725
EMA5 CROSS AND LOCK ABOVE 1725 WILL OPEN 1734 AND 1742
BEARISH TARGETS
1687 - DONE
EMA5 CROSS AND LOCK BELOW 1687 WILL OPEN 1676 - (DONE) AND 1660
SWING RANGE
1660
SUPPORT STRUCTURE
1620
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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