GoldViewFX - Market UPDATE
Hey Everyone,
What can we say.... we did it again!!!
All targets HIT.
Although all our Bullish and Bearish targets were HIT, we only took the trade from 1644 support level with a retest confirmation for a nice BUY with a perfect exit. BOOOM!
We did advise yesterday that there was a retracement range to 1644 that we were expecting for a test, and should this hold, we would see a continuation of the breakout, which confirmed our signal for the Buy.
We are still keeping in mind, as part of our risk management plan that any further retest on this support level with a EMA5 cross and lock below 1644 will potentially open the full swing range.
The levels are still valid, and we can continue to track and trade this level to level with EMA5 cross and lock.
BULLISH TARGETS
1661 - DONE
1668 - DONE
EMA5 CROSS AND LOCK ABOVE 1661 WILL OPEN 1668, 1674 AND 1680 - STILL ACTIVE TO MONITOR AND OBSERVE
BEARISH TARGETS
1652 - DONE
1649 - DONE
1644 - DONE
EMA5 CROSS AND LOCK BELOW 1644 WILL OPEN 1638, 1633, 1629 AND 1626 - STILL ACTIVE TO MONITOR AND OBSERVE
SWING RANGE
1626
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
What can we say.... we did it again!!!
All targets HIT.
Although all our Bullish and Bearish targets were HIT, we only took the trade from 1644 support level with a retest confirmation for a nice BUY with a perfect exit. BOOOM!
We did advise yesterday that there was a retracement range to 1644 that we were expecting for a test, and should this hold, we would see a continuation of the breakout, which confirmed our signal for the Buy.
We are still keeping in mind, as part of our risk management plan that any further retest on this support level with a EMA5 cross and lock below 1644 will potentially open the full swing range.
The levels are still valid, and we can continue to track and trade this level to level with EMA5 cross and lock.
BULLISH TARGETS
1661 - DONE
1668 - DONE
EMA5 CROSS AND LOCK ABOVE 1661 WILL OPEN 1668, 1674 AND 1680 - STILL ACTIVE TO MONITOR AND OBSERVE
BEARISH TARGETS
1652 - DONE
1649 - DONE
1644 - DONE
EMA5 CROSS AND LOCK BELOW 1644 WILL OPEN 1638, 1633, 1629 AND 1626 - STILL ACTIVE TO MONITOR AND OBSERVE
SWING RANGE
1626
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
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