GoldViewFX - Market UPDATE

Hey Everyone,

As you all know, we completed all targets on our 1H chart setup yesterday. We waited patiently for a retracement today, which followed through allowing us to catch a buy signal for 50 pips from the bottom, clean in and out.

We are now back in the range and price just below the retracement zone with EMA5 just crossing 1918. If EMA5 locks below 1918, we are likely to see the 1901 swing range challenge again.

Its nearly the end of the week with only 1 day left and our chart idea is complete. Therefore, we will not commit to any trades until we see the swing range challenge and how price reacts to this level.

We will also keep in mind the 1961 long range gap left open above, as EMA5 crossed and locked 1946.

We have enjoyed riding the bull all the way to the top with our perfect exit. Now we wait patiently for the deep retracement to complete and find support before riding back up.


BULLISH TARGETS
1931 - DONE
1937 - DONE
1946 - DONE

EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961

BEARISH TARGETS
1924 - DONE
1918 - DONE

EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN 1909 AND 1901

SWING RANGE
1901 - DONE

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