GoldViewFX - Market UPDATE
Hey Everyone,
We finished off with a great day yesterday with our next target of 1822 HIT, which we trailed all the way from 1816 with a lovely TP HIT.
As you can see the resistance structure is now broken opening the upper levels 1822, 1831 and 1837. We can track and trade this with EMA5 cross and lock confirmation.
We have a retracement zone above 1800 at 1806. If we see a retracement, we would like to see this area to provide support to continue with the Bullish momentum.
We have also updated our swing range to 1777.
Please also refer to our 4H and daily chart setups and ideas to keep in mind our longer range targets
Our plans to buy dips from support levels are still in play. We will continue track and trade this movement level to level confirmed with cross and lock.
BULLISH TARGETS
1798 - DONE
1806 - DONE
1815 - DONE
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS
1822 - DONE
1831
1837
BEARISH TARGETS
1792 - DONE
1783 - DONE
1777
SWING RANGE
1777
EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS
1760
1750
1741
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
We finished off with a great day yesterday with our next target of 1822 HIT, which we trailed all the way from 1816 with a lovely TP HIT.
As you can see the resistance structure is now broken opening the upper levels 1822, 1831 and 1837. We can track and trade this with EMA5 cross and lock confirmation.
We have a retracement zone above 1800 at 1806. If we see a retracement, we would like to see this area to provide support to continue with the Bullish momentum.
We have also updated our swing range to 1777.
Please also refer to our 4H and daily chart setups and ideas to keep in mind our longer range targets
Our plans to buy dips from support levels are still in play. We will continue track and trade this movement level to level confirmed with cross and lock.
BULLISH TARGETS
1798 - DONE
1806 - DONE
1815 - DONE
EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN REMAINING LEVELS
1822 - DONE
1831
1837
BEARISH TARGETS
1792 - DONE
1783 - DONE
1777
SWING RANGE
1777
EMA5 CROSS AND LOCK BELOW 1763 WILL OPEN THE LOWER LEVELS
1760
1750
1741
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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