GoldViewFX - MARKET UPDATE

Hey Everyone,

Another fantastic day of trading for us with our trading plans and idea playing out level to level. We rode our targets up all the way to 2005 resistance structure. We highlighted that if we don't see a lock above this level we will see a rejection. This was perfect in identifying the short term top for the push down.

We waited patiently for the rejection for the drop inline with our plans to buy dips, as the levels re-activated. Price found support once again on our retracement zone allowing us to catch the bounce for a nice 50pips level to level. - BOOOOM!!!

We are likely to see price range between both the weighted support and resistance structure until one breaks and then we can track again level to level in the next structure.

We remain Bullish with our long term plans and will continue to track the price level to level when buying dips.

BULLISH TARGETS
1989 - DONE
1995 - DONE
2005 - DONE

EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN UPPER LEVELS UPTO 2O25

BEARISH TARGETS
1977 - DONE

EMA5 CROSS AND LOCK BELOW 1977 WILL OPEN THE SWING RANGE

SWING RANGE
1954 - 1940

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
XAUUSD TOP AUTHOR