GoldViewFX - Market UPDATE

Hey Everyone,

Fantastic finish to the week with a lovely push up into our TARGETS and our chart idea playing out as projected.
We started the day with our first target 1797 being hit, which we called yesterday for public and VIP. This was hit perfectly - BOOOOOM!!!

We then had a buy signal to 1805, which we planned entries from the drop, milking multiple entries and exits till we got the final TP to 1805.

The Core PPI data came in greater than forecast and that should have put pressure on gold in a similar fashion to what occurred on Monday. The whipsaw candle on the data release however suggests that this month has been another tally of asymmetrical data and the Fed pivot is no nearer to being a done deal. The Core PPI and the relatively muted response in the gold market suggests that the overall bullish structure will remain in place.

We have an interesting new year so stay profitable by following the GVFX strategy and paying attention to how we do things around here.

We will now come back Sunday with our full 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!

Hope you all have a great weekend.

GoldViewFX