GoldViewFX - Gold UPDATE

Hey Everyone,

And what can I say apart from BOOOOOOM!!!!

We shared our last target yesterday for 1943, which was hit perfectly today!!1

The cross and lock above 1925 gave confirmation for 1934 and 1943, which gave us plenty of time to get in for the action.

We are now looking for a cross and lock above 1943 to open the range above or a retracement back in the range, which will re-activate the levels for us to track and trade again level to level.

This is why we stick with our plans to buy dips, which allows us to handle swings without pressure and capture pips by sitting behind the bull rather than the front, avoiding a crash when it turns. This is how retail traders get taken out.

We also have a bearish retracement zone at 1917 that may require a correctional re-test.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1925 - DONE

EMA5 CROSS AND LOCK ABOVE 1925 WILL OPEN THE FOLLOWING BULLISH TARGET
1934 - DONE
1943 - DONE

BEARISH TARGETS
1917

EMA5 CROSS AND LOCK BELOW 1917 WILL OPEN THE SWING RANGE

SWING RANGE
1901 - 1890

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
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