GoldViewFX - Market UPDATE

Hey Everyone,

This is the weekly chart we have been tracking level to level from the dip and then all the way up hitting all targets so far, with our final target at 1858 HIT today Boooom !!!!!

LAST UPDATE
We have now seen 5 weekly candle body close above 1787 opening up a long range gap target to 1858, but this time we have a EMA5 cross with the candle body close above 1787 confirming and strengthening the movement. As always we will need to expect and have a plan for any retracements driven by volatility in the markets.
- COMPLETE

Please note when this level was historically challenged, every time we had at least a re-challenge on this level, more than once. Even wick outs are retested on this level but a candle body close above this levels will secure the retest even for weeks coming. Therefore, we do expect another challenge on this level at some point. We will continue to trade this from buying dips and using our smaller timeframes to pick entries.

Always be prepared for swings by managing a tight risk management setup.

We will update some of our smaller timeframes before the week ends, as we have HIT all targets on all our existing trade ideas for this week already.

As always, we will keep you all updated with regular updates throughout the week and how we manage our setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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