Hey Everyone,
PIPTASTIC finish to the week with our chart idea playing out perfectly in true level to level fashion with setups giving plenty of time to prepare and get ready for the entries and exits.
We started the week with ema5 lock below 2044 opening the retracement range, which was HIT with plenty of retests.
Ema5 failed to lock below the retracement level at 2024 and therefore no swing range confirming the support and bounce followed with the push up hitting both our Bullish targets 2044 and 2055.
We are now seeing the weighted level at 2055 being tested and will need to see ema5 lock above this level to open the range above or failure to lock will see another dip down.
A perfect week of buying dips!!!
BULLISH TARGETS
2044 - DONE
2055 - DONE
EMA5 CROSS AND LOCK ABOVE 2055 WILL OPEN THE FOLLOWING BULLISH TARGET
2065
2070
BEARISH TARGETS
2044 - DONE
EMA5 CROSS AND LOCK BELOW 2044 WILL OPEN THE FOLLOWING BEARISH RETRACEMENT TARGET
2024 - DONE
EMA5 CROSS AND LOCK BELOW 2024 WILL OPEN THE SWING RANGE
SWING RANGE
1999
We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a wonderful weekend, we all deserve it!!
Mr Gold
GoldViewFX