GoldViewFX - Market UPDATE

Hey Everyone,

Great start to the week with our updated 1H chart idea already playing out. Price went for the retracement zone we identified on our chart during Tokyo session, hitting 2 Bullish targets. Price then failed to break above 1883 and bounced off the retracement zone for a retest on yesterdays Goldturn low and now playing between both the identified strictures.

We can see a potential gear up for another push up. However, we will require ema5 lock confirmation to trade it level to level. We will need to see EMA5 cross and lock above 1883 to confirm movement towards upper levels. We also expect some side by side ranging movement between structures, which we will track and trade level to level.

BULLISH TARGETS
1871 - DONE
1877 - DONE
1883

BEARISH TARGETS
1864 - DONE
1853
1841
1833
1826

SWING RANGE
1792

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