GoldViewFX - MARKET UPDATEHey Everyone,
We did it again!!!!! ALL TARGETS COMPLETE!!!
Our retracement range held well as support followed with a lovely push up hitting all our bullish targets and completing final target in the range at 2026.
We will now need to see EMA5 cross and lock above 2026 to open 2042 and 2050. Failure to lock above 2026 and we should see a move down into the support structure 2006-1995.
We plan to track and trade this level to level and will continue with our plans to buy dips from strategic support levels.
BULLISH TARGETS
2006 - DONE
2013 - DONE
2026 - DONE
EMA5 CROSS AND LOCK ABOVE 2026 WILL OPEN 2042, 2050
BEARISH TARGETS
2006 - DONE
1995 - DONE
EMA5 CROSS AND LOCK BELOW 1995 WILL OPEN THE SWING RANGE
SWING RANGE
1960
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
Gokd
XAUUSD Gold | SWING - 16 Sep. 2020Hello my friend | Welcome Back.
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The descending channel pattern may be completed if it heads to the downside and reaches support according to the scenario you drew.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
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