Hey Everyone,
We had a lovely Bullish move end of last week and now price has just broken out of the range but not with EMA5 yet, so we may see some retracement into the retracement zone. If EMA5 crosses and locks on market open, then we will see no retracement into this zone and instead straight to the upper targets.
EMA5 has safely cross all MAs on this chart and very much Bullish. We will track any retracement down using EMA5 cross and lock and we will continue with our plans to buy dips, as we remain Bullish.
EMA5 CROSS AND LOCK ABOVE 1678 WILL OPEN 1687, 1697
BULLISH TARGETS
1687 -
1697 -
EMA5 CROSS AND LOCK ABOVE 1697 WILL OPEN 1706, 1710
BULLISH TARGET
1706 -
1710 -
BEARISH TARGETS
1678 -
1673 -
1668 -
1664 -
1659 -
EMA5 CROSS AND LOCK BELOW 1659 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1637
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