Goldviewfx

GoldViewFX - Market UPDATE

OANDA:XAUUSD   Or / Dollar Américain
Hey Everyone,

Piptastic day for us once again. The swing range is providing some nice long entries with over 100 pip captures multiple times.

Yesterday we advised that we were looking for EMA5 to create a turn above the swing range for the swing to take place. - This played out perfectly with the perfect new Goldturn created on the nose of the swing range above 1833. - PERFECTION!!

We will remain with our plans to buy dips until we see EMA5 cross and lock below 1833, otherwise we should see this support hold. However, if we see EMA5 cross and lock below 1833 then we will see the next support structure open up. We will update the new levels should this happen and share with you all.

We will trade and navigate this range using our EMA5 lock strategy and weighted Goldturns and keep you all updated.

BULLISH TARGETS
1867 - DONE
1872
1876

EMA5 CROSS AND LOCK ABOVE 1884 will open 1896 and 1903

BEARISH TARGETS
1863 - DONE
1857 - DONE

EMA5 CROSS AND LOCK BELOW 1857 WILL OPEN 1853 - DONE. 1849, 1841 and 1833

SWING RANGE
1833 - DONE

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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