Goldviewfx

GoldViewFX - END OF WEEK UPDATE

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

Another fantastic day to close of a fantastic week of trading.

Today, as planned we waited patiently for the price to finish the expected retracement. We waited for the push into the swing range and took a clean 30pip buy and out with a perfect exit at 1653 on the nose using our VIP intraday Levels. However, as you can see the swing range was also paying out by being tested several times with plenty of opportunity to catch the 30pip bounce more than once.

The swing range is always an important challenge and requires an EMA5 cross and lock to confirm break of the swing range or a full swing continuation. We can now sit tight and assess the EMA5 price action to confirm our next setup.

We are very pleased to say all our targets for the week has now been HIT and all setups completed, you just need to review all our post this week to follow the level-to-level trading.

We will now come back Sunday with our full multi-timeframe analysis for the coming 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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