Hey Everyone,
Just wanted to finish off the week with a closing post. What a week of volatility yet we navigated in style and overall maintained great profitability!!!
The rejection at 1762 was perfectly spotted for a drop, which still allowed buys from support levels banking 30 to 40 pips at a time with any outstanding buys being managed with milking the range. Once we see the noise settle from this week, we should see some nice organic movement up, although expect the market to open with a bang next week due to JHS over the weekend.
We will let the momentum settle, identify a Blueprint and start hunting!! Any open buy positions here look good for a longer term target, as we enter support zones. Any open sells, is a good time to take profit in this range.
Our plans to Buy from deeper moves down still remain in play, as we are still well within the swing range. We will come back this weekend with our Market Analysis for the coming week and our plan of action!
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Just wanted to finish off the week with a closing post. What a week of volatility yet we navigated in style and overall maintained great profitability!!!
The rejection at 1762 was perfectly spotted for a drop, which still allowed buys from support levels banking 30 to 40 pips at a time with any outstanding buys being managed with milking the range. Once we see the noise settle from this week, we should see some nice organic movement up, although expect the market to open with a bang next week due to JHS over the weekend.
We will let the momentum settle, identify a Blueprint and start hunting!! Any open buy positions here look good for a longer term target, as we enter support zones. Any open sells, is a good time to take profit in this range.
Our plans to Buy from deeper moves down still remain in play, as we are still well within the swing range. We will come back this weekend with our Market Analysis for the coming week and our plan of action!
As always we will keep you all updated with any changes to our plans throughout the 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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