GoldViewFX - MARKET UPDATE

Hey Everyone,

This chart idea has been playing out to perfection level to level. We tracked this movement all the way to our retracement range and then our Bullish targets with our final Bull target at 2005 completed today - BOOOOOOM!

2005 is a structure weighted resistance highlighted on the chart and will need a EMA5 cross and lock to open the upper range, as highlighted. This failed to cross, which followed with a nice push down back into the range.

We are likely to see price range between both the weighted support and resistance structure until one breaks and then we can track again level to level in the next structure.


We remain Bullish with our long term plans and will continue to track the price level to level when buying dips.

BULLISH TARGETS
1989 - DONE
1995 - DONE
2005 - DONE

EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN UPPER LEVELS UPTO 2O25

BEARISH TARGETS
1977 - DONE

EMA5 CROSS AND LOCK BELOW 1977 WILL OPEN THE SWING RANGE

SWING RANGE
1954 - 1940

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