Once again another piptastic day for us on the charts.
After completing all our Bullish targets yesterday we had the rejection into 2231 support followed with the bounce. We then advised that we will need to see a new Goldturn formation above 2240 to establish a range here for a retest on the levels above again.
- We got the new Goldturn above 2240, as highlighted on the chart with a circle confirming the re-activation of the bullish targets once again and BOOOOM!!!! All targets hit!!!
We are now seeing price head towards the 2267 resistance level once again and will need to see ema5 lock above this level to open the range above or a failure to lock above will follow with another rejection to find support again.
Please also review our 4H chart idea to see the extended range above currently open.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. 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 in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS 2240 - DONE
EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS 2240 - DONE 2246 - DONE 2253 - DONE 2258 - DONE 2267 - 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!
Thank you Mr Gold. Seems that some of the smart money is your Vip members? Allow me to ask..what is the difference of goldturn and goldturn average? ππ
faizelsagir
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Hard to believe until it all plays out..... And some how it always does. Well done.
Seems that some of the smart money is your Vip members?
Allow me to ask..what is the difference of goldturn and goldturn average?
ππ