GoldViewFX - MARKET UPDATE

Hey Everyone,

Fantastic start to the week with our 1H chart idea fully complete hitting all targets.

We got the retracement identified followed with the bounce into both the bullish targets highlighted with the arrows on the chart. PERFECTION!!! Our plans to buy dips played hand in hand with the route map of our targets.

We are now seeing price test the 1961 level. We will need to see a cross and lock above this weighted level to open the range above otherwise a rejection to follow.

As already stated Sunday, the retracement and swing range are all areas of potential bounces to capture some movement.


We will continue with our plans to buy dips and track the movement level to level with our EMA5 cross and lock confirmation and our algo generated targets.

Our long term projection still remains Bullish.

BULLISH TARGETS
1952 - DONE
1961 - DONE

EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978

BEARISH TARGETS
1941 - DONE

EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1895

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