Hey Everyone,
Please see our weekly chart.
This is first week in last 3 months to leave a candle body close below the retracement range. This can now potentially open the swing range but will need ema5 cross and lock this week to solidify.
Either way we now need to keep this in mind when buying dips to manage our risk accordingly and taking into account the potential for a move into the swing range.
The long term structure still remains bullish.
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
XAUUSD TOP AUTHOR
Please see our weekly chart.
This is first week in last 3 months to leave a candle body close below the retracement range. This can now potentially open the swing range but will need ema5 cross and lock this week to solidify.
Either way we now need to keep this in mind when buying dips to manage our risk accordingly and taking into account the potential for a move into the swing range.
The long term structure still remains bullish.
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
XAUUSD TOP AUTHOR
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