Goldviewfx

GoldViewFX - MARKET UPDATE

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

We had a piptastic start to the week and month with our chart idea playing out perfectly. We got the rejection first at 1920 followed with the drop into the retracement range, as analysed. The retracement range gave the perfect bounce, as expected hitting bullish targets 1920, 1925 and 1931 for the perfect exit.

We have a structure resistance left at 1938, which we will not target directly unless we have a EMA5 or candle body close lock above 1931.

We will continue with our plans to buy from dips using our levels and EMA5 cross and lock to confirm level to level movement.

Our long term projection still remains Bullish.

BULLISH TARGETS
1920 - DONE

EMA5 CROSS AND LOCK ABOVE 1920 WILL OPEN THE FOLLOWING BULLISH TARGETS
1925 - DONE
1931 - DONE
1938 - DONE

BEARISH TARGETS
1911 - DONE

EMA5 CROSS AND LOCK BELOW 1911 WILL OPEN THE SWING RANGE

SWING RANGE
1895

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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