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Goldsingals

GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATEHey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months. Last week we highlighted that we are seeing price in our updated swing range zone and expect reaction on this zone. This played out perfectly, as the swing range providing the swing straight into the axis target once again. We are now seeing price back in the channel and will need to see a break above 2048 to establish a range back in the Goldturn channel. We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support. Please don't forget to like, comment and follow to support us, we really appreciate it! Have a great weekend all! MR GOLD
OANDA:XAUUSD
by Goldviewfx
4
GoldViewFX - Gold Route Map UPDATEHey Everyone, Another piptastic day of buying dips from our weighted level. As stated yesterday, a break below the swing range will open the lower structure and that each weighted structure will give us a 30 to 40 pip bounce or a test to the next Goldturn. This played out perfectly We saw price test the weighted support at 1901 for the perfect bounce, which we captured inline with our plans to buy dips. Price and ema5 is now sitting between 1906 and 1910. We will now look for a cross and lock on either of these Goldturns to confirm movement to the next level. We will continue to track and trade this level to level using our cross and lock strategy on the weighted levels. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends. BULLISH TARGETS 1921 - DONE EMA5 CROSS AND LOCK ABOVE 1921 WILL OPEN THE FOLLOWING BULLISH TARGET 1923 - DONE 1927 - DONE BEARISH TARGETS 1915 - DONE 1915 - DONE EMA5 CROSS AND LOCK BELOW 1915 WILL OPEN THE SWING RANGE SWING RANGE 1906 - DONE 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
OANDA:XAUUSD
by Goldviewfx
5