Goldviewfx

GoldViewFX - Market UPDATE

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

Please see our 4H chart setup we have been following.

We have been taking buys from support levels with EMA5 cross and lock confirmation. We saw a repeat of EMA5 cross lock above 1707 confirming 1726 again. We used our Premier Intraday levels for extra confirmation with an early entry and exit at 1723 before the drop. True level to level trading!!!

We can see a range forming on the 4H chart between 1694 - 1726. We plan to trade within this range until we see this range break out. We will be looking for EMA5 cross and lock above or below these two levels for a RANGE BREAKER.

BULLISH TARGETS
1726 - DONE

EMA5 CROSS AND LOCK ABOVE 1726 WILL OPEN 1741 AND 1758

BEARISH TARGETS
1707 - DONE
1694 - DONE

EMA5 CROSS AND LOCK BELOW 1694 WILL OPEN 1679 AND 1665

SWING RANGE
1694

SUPPORT STRUCTURE
1679

As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

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