Goldviewfx

GoldViewFX - Market UPDATE

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

Once again we called it, our target at 1940 was HIT perfectly with plenty of entries throughout the London and US session from buying DIPS and also a Buy signal that also HIT TP. 1922 Goldturn provided the support needed to take buys using the hourly chart (see below).


Price played between a tight range of 1922 to 1935. We used the hourly 1930 Goldturn for exits and 1922 Goldturn support for buys, keeping in mind the 4H chart 1940 Goldturn Target and 1958 Target from our Hourly Chart, which gave us the confidence to buy dips. Taking the entries from support allows me to avoid any swings or change of direction with minimal drawdown.

We are now looking for EMA5 to break above 1935 Goldturn on the hourly chart to open 1958 again and a EMA5 break above 1940 Goldturn on the 4H chart to open 1968 AXIS. We remain Bullish and will continue to buy dips from Goldturn support levels, taking 20 to 30 pips at a time to avoid swings till our targets get HIT.

As always any changes to our setups we will keep you all updated.

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GoldViewFX
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