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

Another great day on the charts for us today, with price playing between 1831 and 1817, as suggested yesterday.

We continued to take buys from the weighted level at 1817 for clean 30 to 40 pip catches, as part of our plans to buy dips.

As stated already, we will now need to see a cross and lock on either 1831 above or 1817 below to determine the next level.

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
1854

EMA5 CROSS AND LOCK ABOVE 1854 WILL OPEN THE FOLLOWING BULLISH TARGET
1864
1876

BEARISH TARGETS
1847 - DONE

EMA5 CROSS AND LOCK BELOW 1847 WILL OPEN THE FOLLOWING BEARISH TARGETS
1831 - DONE


EMA5 CROSS AND LOCK BELOW 1831 WILL OPEN THE SWING RANGE

SWING RANGE
1817 (DONE) - 1809

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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