GoldViewFX - MARKET UPDATE

Hey Everyone,

Once again our chart idea with pure technical analysis is playing out level to level allowing us to track the movement.

A stated yesterday, we had ema5 cross and lock below 1902 opening the full swing range. We got the 1894 swing range test first with a nice reaction bounce followed with the second swing range test for the full test to 1884, where we are expecting the second reaction.

Ema5 cross and lock below the 1884 swing range will open a new range below. We will update this with upto date levels accordingly. Failure to lock and we will see some ranging movement and retracements to establish support and resistance.

We will continue to use these weighted support levels to catch bounces until we fall back into the long term trend.

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
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