Goldviewfx

GoldViewFX - Market UPDATE

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

Another great day of collecting pips from the support structure to the resistance structure buying dips. Our trading plan is playing out as expected.

Price is ranging between both structures. We will need to see EMA5 cross and lock either stricture to confirm breakout direction.

As we stand we have completed all the bullish targets before a structure is broken for the next set of levels.

Although we have Bearish targets on the chart, we do not target them directly but instead use them to manage potential swings, as we remain with our long term plans to buys dips using strategic levels for entries and exits.

Price has now fallen back into the support structure for another test. We expect price to play tennis between these structures until one breaks.


BULLISH TARGETS
1871 - DONE
1877 - DONE
1883 - DONE

BEARISH TARGETS
1864 - DONE
1853
1841
1833
1826

SWING RANGE
1792

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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