GoldViewFX - Market UPDATE

Hey Everyone,

Another fantastic day for us buying from dips and seeing our trade idea play out perfectly. We took exits on all our buys at 1830 using our signal, which was timed to perfection, as price then followed with a full retracement of the movement back down to 1815 Goldturn leaving us with safe exits beforehand.

We are now out of all positions and will wait to see how price reacts here before jumping back in. 1809 and 1800 support structure levels are very close and we may see a test before another push up. However EMA5 is still safely above the Goldturn trendline support, which still places it perfectly for a push up from here. The Goldturn trendline is being respected well so far.

We will wait to see how EMA5 reacts to each level here with any cross and lock gaps to consider next move or wait for a signal confirmation. We are back in the same range again and therefore same targets reactivated, however due to EMA5 break below 1821 we may see 1809 and 1801 hit with momentum and therefore I have moved the swing range to address the risk.

As highlighted before we are at the lower end of the range strategically positioned to trail up.

We will keep the swing range in mind for managing our risk and will continue to buy dips above 1800, which is also maintaining the structure support . Price breaking below 1808 alone will not break the structure. We will need to see ema5 cross and lock below 1808 to break the support.

BULLISH TARGETS
1821, 1825, 1828, 1836

SWING RANGE
1800

As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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