GoldViewFX - Market UPDATE and ROADMAP
Hey Everyone,
This chart played out perfectly with the movement down to 1906, although price went as low as 1895, it failed to close below the 1906 Goldturn. This provided the support needed for our next target to 1922. This played out beautifully!
1935 is our next open target and a break above this level with EMA5 will open the upper range up again, up to 1979. A rejection here will drive price back to retest 1906.
The sharp movement down over the last few days broke us out of our Bullish setup, which provides us the setups to take sells from spikes while climbing back up to the upper levels, with 20 to 30 pips capture on stronger resistance levels, to minimise chances of getting stuck in the swings.
As always we will keep you all updated with any changes to our plans, as we adapt our setups back in this range.
Please don't forget to like, comment and follow to support us, we appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
This chart played out perfectly with the movement down to 1906, although price went as low as 1895, it failed to close below the 1906 Goldturn. This provided the support needed for our next target to 1922. This played out beautifully!
1935 is our next open target and a break above this level with EMA5 will open the upper range up again, up to 1979. A rejection here will drive price back to retest 1906.
The sharp movement down over the last few days broke us out of our Bullish setup, which provides us the setups to take sells from spikes while climbing back up to the upper levels, with 20 to 30 pips capture on stronger resistance levels, to minimise chances of getting stuck in the swings.
As always we will keep you all updated with any changes to our plans, as we adapt our setups back in this range.
Please don't forget to like, comment and follow to support us, we appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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