GoldViewFX - Market UPDATE

Hey Everyone,

As you can see this chart idea is playing out as analysed. Yesterday we anticipated further movement down to complete the retracement into the retracement zone on the chart, which gave us our TRAIL TP for our sell. Price bounced of perfectly from the retracement zone and back up into highlighted resistance structure, as highlighted by our arrow. This trade idea played out level to level.

The challenge on the resistance structure followed with a sharp drop down leaving targets above open. Any buy positions can be managed once price finds support again, as the overall structure still remains Bullish.

We are still keeping in mind the cross and lock above 1919, which has opened the doors to the upper levels.

EMA5 CROSS AND LOCK ABOVE 1919 WILL OPEN 1923, 1927, 1931, 1934, 1940, AND 1945

BULLISH TARGETS
1923 - DONE
1927 - DONE
1931 -
1934 -
1940 -
1945 -

BEARISH TARGETS
1915 - DONE
1910 - DONE
1904 - DONE
1899 - DONE
1895 -

EMA5 CROSS AND LOCK BELOW 1895 WILL OPEN 1889, 1881 AND 1873.

SWING RANGE
1867

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