Goldviewfx

GoldViewFX - 4H CHART MARKET UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

As advised this morning after hitting our last open BUY target at 1673, that we were now looking for cross and lock with EMA5 above 1673 to secure the upper range upto 1691 or we would see a rejection here. We waited for the 1H chart test on this resistance level and secured a clean 50 pip SELL down to 1668 VIP INTRADAY level.

We are tracking and trading the movement up and down. BOOOOM!!!!

Although we are buying dips, we confidently took the sell when our signal activated. We have now also moved the swing range up to 1644 and expecting some retracement down before another challenge to 1673.

EMA5 CROSS AND LOCK ABOVE 1673 WILL OPEN 1691 AND 1700

Our plans to take buys from support levels are still in play and as such we will continue to pick sweet spots for safe entries and exits using our VIP intraday levels.

However, please note and take caution all MA's are starting to converge together gearing up for a BIG BREAKOUT.

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

GoldViewFX
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