GoldViewFX - MARKET UPDATE

Hey Everyone,

Perfect start to our week with our Bullish Targets 2017 and 2028 now HIT, highlighted on the chart by our arrow. 2028 is a weighted resistance structure and as highlighted on the chart needed a EMA5 cross and lock to open upper range or a rejection at this level. EMA5 did not cross and so provided the perfect exit for now. As stated already structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart.

We will continue with our plans to buy from dips and not chase from the top, as we play close to the ATH. Our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold this year. Patience is key as swings are expected.

BULLISH TARGETS
2017 - DONE
2028 - DONE

EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49

BEARISH TARGETS
2005 -
1999 -

EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE

SWING RANGE
1979 - 1967

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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