GoldViewFX - Market UPDATE

Hey Everyone,

Price still bouncing between both the structures playing tennis up and down. We were able to take our buy signal from the bottom and trailed it all the way to 1885 for a safe exit while price went and tested the full retracement range of 1889 before the rejection.

EMA5 crossed and locked 1883 opening the upper levels and hitting the first upper level target of 1889 before the rejection. Although we are seeing some further movement down with our bearish targets still open below, we will need to keep in mind the upper levels are now also open. Expecting some wild swings so keeping this in mind while managing risk and taking long positions from support levels.

BULLISH TARGETS
1871 - DONE
1877 - DONE
1883 - DONE

EMA5 CROSS AND LOCK ABOVE 1883 WILL OPEN 1889, 1895, 1901 AND 1907
1889 - DONE

BEARISH TARGETS
1864 - DONE
1853
1841

EMA5 CROSS AND LOCK BELOW 1853 WILL OPEN 1841, 1833 AND 1826
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