Hey Everyone,
Great start to the week with our 1H chart idea playing out already.
We advised yesterday that there was room left for further move down to complete the full retracement range, also inline with the channel top re-test - This played out perfectly followed with the bounce to our first Bullish target.
We will now track the next movement using our EMA5 cross and lock confirmation on the weighted levels.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1952 - DONE
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN 1979
BEARISH TARGETS
1937 - DONE
EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1895
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Great start to the week with our 1H chart idea playing out already.
We advised yesterday that there was room left for further move down to complete the full retracement range, also inline with the channel top re-test - This played out perfectly followed with the bounce to our first Bullish target.
We will now track the next movement using our EMA5 cross and lock confirmation on the weighted levels.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1952 - DONE
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN 1979
BEARISH TARGETS
1937 - DONE
EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 1895
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and 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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