Hey Everyone,
Another great day of trading for us catching the bounce up form 1956 Goldturn to 1962 Goldturn for a clean catch.
As stated yesterday we will see gaps form both ways due to the volatility expected this week and FOMC gear up. We have 1973 Gap and now also 1949 Retracement range, although we had a close retracement challenge already before another nice push up, working perfectly inline with our plans to buy dips.
We will continue with our plans to buy dips and track the movement level to level, as
our long term projection still remains Bullish. However, we have a high volatility week on the forex calendar and FOMC, so expect swings and gaps both ways. STAY SAFE!
BULLISH TARGETS
1962 - DONE
EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN THE FOLLOWING BULLISH TARGETS
1973
1979
AND POTENTIALLY 1983
BEARISH TARGETS
1956 - DONE
EMA5 CROSS AND LOCK BELOW 1956 WILL OPEN THE RETRACEMENT RANGE
EMA5 CROSS AND LOCK BELOW 1944 WILL OPEN THE SWING RANGE
SWING RANGE
1923 - 1916
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
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