Goldviewfx

GoldViewFX - MARKET UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Our 1H chart idea shared last Sunday is now complete with all targets HIT. The last target at 1978 needed a cross and lock above 1961 to open 1978. This confirmation gave us enough time to get in for the 1978 target for a perfect finish.

We are now seeing a rejection on this level with a massive drop down into support due to NFP. Any open buy positions can be managed with buying dips, as per our long term plans once market settles back into organic movement.

Our long term projection still remains Bullish.

BULLISH TARGETS
1952 - DONE
1961 - DONE

EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978 - DONE

BEARISH TARGETS
1941 - DONE

EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1895

We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!

Have a great weekend all!!!

GoldViewFX
XAUUSD TOP AUTHOR

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