GoldViewFX - Market UPDATE

Hey Everyone,

Our 1H chart is playing out once again level to level. We suggested yesterday that we had a gap once again to 1982 after the bounce from 1938 Goldturn support. This was HIT perfectly today. We took our entry from the dip for a clean 30 to 50 pip exit, inline with our plan to buy dips.

We are now seeing a EMA5 cross and lock above 1982 weighted Goldturn leaving a gap to 2006.

As stated yesterday, although the swing range is open, that does not mean a full test but more so a likely open range that we must now incorporate when managing our risk exposure. We will continue with our plans to buy dips from strategic Goldturn support levels to stay in line with our overall long term trend.

BULLISH TARGETS
2006 - DONE

EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2029
2050

BEARISH TARGETS
1982 - DONE
1955 - DONE

EMA5 CROSS AND LOCK BELOW 1955 WILL OPEN 1938, 1928, 1915 AND 1907

SWING RANGE
1915 - 1907

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
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