GOLD DAILY CHART UPDATE
Hey Everyone,
Please see our updated daily chart idea with updated weighted levels.
We are seeing price test a strong level of support at 2560 and ema5 cross and lock below this level will open the swing rage for a reaction below.
We also have a longer range weighted level resistance level above at 2629. A cross and lock above this level will confirm the range above.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Please see our updated daily chart idea with updated weighted levels.
We are seeing price test a strong level of support at 2560 and ema5 cross and lock below this level will open the swing rage for a reaction below.
We also have a longer range weighted level resistance level above at 2629. A cross and lock above this level will confirm the range above.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
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