GoldViewFX - Market UPDATE
Hey Everyone,
Fantastic start to the week with our first signal for the week TP hit!!!
As highlighted yesterday, our chart confirmed the open of the swing range. Therefore, we patiently waited for the movement into the swing range before taking our position.
We had a signal activate with a perfect exit at 1647, which was also highlighted as a resistance structure on this chart yesterday. If you followed this chart, you would have been ready for this rejection on this level, which gave us the perfect exit for any longs. The previous days Goldturn low was broken confirming this movement down, as part of the range breaker strategy we shared yesterday (see related post on range breaker strategy below)
We will use the Goldturns to trade this level to level and the Goldturn support/resistance structures to track the range shift movement.
BULLISH TARGETS
1647 - DONE
1653
Cross and lock above 1653 will open targets to 1663, 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Fantastic start to the week with our first signal for the week TP hit!!!
As highlighted yesterday, our chart confirmed the open of the swing range. Therefore, we patiently waited for the movement into the swing range before taking our position.
We had a signal activate with a perfect exit at 1647, which was also highlighted as a resistance structure on this chart yesterday. If you followed this chart, you would have been ready for this rejection on this level, which gave us the perfect exit for any longs. The previous days Goldturn low was broken confirming this movement down, as part of the range breaker strategy we shared yesterday (see related post on range breaker strategy below)
We will use the Goldturns to trade this level to level and the Goldturn support/resistance structures to track the range shift movement.
BULLISH TARGETS
1647 - DONE
1653
Cross and lock above 1653 will open targets to 1663, 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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