A PIPTASTIC finish for us this week completing all targets. 1982 Goldturn support provided a nice bounce back into 2000 allowing us to buy the dip to secure a clean 50 pip TP. Although we have HIT our 2006 target this gap was re-opened yesterday, which price fell short by a few pips but still provided a nice bounce into the range.
2006 Goldturn is holding well as resistance. As we stated at the start of the week, unless we see EMA5 cross and lock above 2006 to open the upper range we will continue to see rejection here. However, we continued to buy dips and secure TP exits below this level for safe exits.
We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week.
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
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