Goldviewfx

GoldViewFX - MARKET UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Another PIPTASTIC day for us with our 4H chart idea playing out level to level for those who are following this idea since Sunday with regular updates. Yesterday we completed all our bullish targets on this chart and highlighted the weighted Goldturn at 1962 needed a cross and lock to open 1982. We got the activation in the morning confirming the target and now look at the perfect exit at 1982. Clean 200 pips!

We will now need to see 1982 break and close to open the range above or a rejection will follow back into the retracement range towards the axis trendline.

The retracement and swing range are still 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
1962 - DONE

EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN 1982
1982- DONE

BEARISH TARGETS
1942 - DONE
1934 - DONE

EMA5 CROSS AND LOCK BELOW 1934 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1899

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

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