Goldviewfx

GoldViewFX- GOLD MARKET UPDATE

OANDA:XAUUSD   Or / Dollar Américain
Hey Everyone,

We HIT our Bullish targets yesterday and today we finish off this idea with the bearish targets complete and now we are seeing price in the identified retracement range.

We had nice bounces on each of the Goldturns, on the way down, which we have highlighted on the chart. They allowed us to capture upto 50 PIPs with our activation buying dips.

We also stated yesterday we need to see 1931 (the weighted level) cross with ema5 lock to open upper levels otherwise a rejection will follow. - THIS IS WHAT PLAYED OUT TODAY COMPLETING THE RETRACEMENT RANGE CHALLENGE

We can continue to track and trade these levels, as price is still in the range.

Our long term projection still remains Bullish.

BULLISH TARGETS
1925 - DONE
1931 - DONE

EMA5 CROSS AND LOCK ABOVE 1931 WILL OPEN 1938, 1944 AND 1950

BEARISH TARGETS
1919 - DONE
1912 - DONE

EMA5 CROSS AND LOCK BELOW 1912 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!

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