Goldviewfx

GoldViewFX - Market UPDATE

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

Another fantastic day of catching pips from buying dips.

As advised yesterday after hitting our target of 1940, that we will now need to see 1940 - 1945 break with EMA5 to confirm the next range above and Failure to break this level will see price head down to find support again. - This played out perfectly with price finding support at our identified retracement range. We then waited for our signal confirmation and rode the move up back to 1941.

We are now ranging between both structures 1918 to 1940, playing tennis. The range will help us to identify entries and exits safely until we see a break of either structure with EMA5 cross and lock.

If we see a confirmed breakout of either support or resistant structure, we will update the chart and our followers accordingly.

Please also keep in mind our daily chart setup (see below), which is also playing out perfectly.

We will continue with our plans to buy dips and will use our Goldturns to identify and navigate up and down to pick safe entries and exits.

EMA5 CROSS AND LOCK ABOVE 1924 OPENED THE FOLLOWING TARGETS

BULLISH TARGETS
1930 - DONE
1934 - DONE
1940 - DONE

BEARISH TARGETS
1924 - DONE
1918 - DONE

EAM5 CROSS AND LOCK BELOW 1918 WILL OPEN 1911, 1904 AND 1895

SWING RANGE
1895

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!

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