GoldViewFX - Market UPDATE
Updated
Morning Everyone,
Market seems to be moving sideways prepping for another breakout.
The 4H Charts setup is playing out well so far and the only outstanding target we have left on this chart setup is 1673. Price is currently testing 1644 support level also in line with ma21 dynamic support, which is an important challenge. If this level breaks, we will sit tight for the swing range to be tested and supported before considering a position. Should 1644 Goldturn hold, we will wait for a retest and breakout confirmation using our cross and lock confirmation before considering a position.
Our plans to take buys from support levels are still in play and as such we will continue to pick sweet spots for safe entries and exits using our VIP intraday levels.
BULLISH TARGETS
1662 - DONE
1673
EMA5 CROSS AND LOCK ABOVE 1673 WILL OPEN 1691 AND 1700
BEARISH TARGETS
1644 - DONE
SWING RANGE
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1607 AND 1586
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Market seems to be moving sideways prepping for another breakout.
The 4H Charts setup is playing out well so far and the only outstanding target we have left on this chart setup is 1673. Price is currently testing 1644 support level also in line with ma21 dynamic support, which is an important challenge. If this level breaks, we will sit tight for the swing range to be tested and supported before considering a position. Should 1644 Goldturn hold, we will wait for a retest and breakout confirmation using our cross and lock confirmation before considering a position.
Our plans to take buys from support levels are still in play and as such we will continue to pick sweet spots for safe entries and exits using our VIP intraday levels.
BULLISH TARGETS
1662 - DONE
1673
EMA5 CROSS AND LOCK ABOVE 1673 WILL OPEN 1691 AND 1700
BEARISH TARGETS
1644 - DONE
SWING RANGE
1625
EMA5 CROSS AND LOCK BELOW 1625 WILL OPEN 1607 AND 1586
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Trade closed: target reached
1673 HIT ✅️🏆
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