Goldviewfx

GoldViewFX - Market UPDATE

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

Fantastic start to the week with our trading idea playing out to perfection.

We got the retracement into the zone we identified with the perfect bounce, as highlighted by us on the chart, hitting all our Bullish targets. We now have a weighted lock opening 1977, as a target. However, a close above 1971 will solidify the confirmation.

We took our buy trade from the dip and trailed upto our level for a safe exit. We will not chase the remaining target unless we get another dip to support.

Each of these structure give 20 to 40 pips bounces, which is enough for a nice entry and exit, The added safety of buying dips gives us the safe exit to manage swings.

All the levels and structures are still active and therefore we will continue with our plans to buy dips and track the movement level to level, as our long term projection still remains Bullish.

BULLISH TARGETS
1960 - DONE
1965 - DONE

EMA5 CROSS AND LOCK ABOVE 1965 WILL OPEN THE FOLLOWING BULLISH TARGETS
1971
1977
AND POTENTIALLY 1983

BEARISH TARGETS
1951 - DONE
1946

EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN THE SWING RANGE

SWING RANGE
1932 - 1923

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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