Hey Everyone,
Great start to the week with our 1H chart idea already playing out. Price started with the move down for the correctional retracement we highlighted hitting 1949 first retracement target.
Although the full retracement was not done, it was close enough in the range for a support bounce. 1949 Goldturn support allowed us to take buys from the drop for a nice clean buy from the bottom.
We are likely to see some sideways ranging price action between the two structures until one breaks.
We will need to see the 1963 weighted structure break and lock to open the range above or a break and lock below the retracement range to open the swing range. Failure to lock below the retracement range will follow with a continuation above.
We will continue with our plans to buy dips and track the movement level to level using ema5 cross and lock on our updated Goldturn levels.
Our long term projection still remains Bullish.
BULLISH TARGETS
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN THE FOLLOWING BULLISH TARGETS
1973
1979
BEARISH TARGETS
1949 - DONE
1944
1938
EMA5 CROSS AND LOCK BELOW 1938 WILL OPEN THE SWING RANGE
SWING RANGE
1916 - 1910
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 already playing out. Price started with the move down for the correctional retracement we highlighted hitting 1949 first retracement target.
Although the full retracement was not done, it was close enough in the range for a support bounce. 1949 Goldturn support allowed us to take buys from the drop for a nice clean buy from the bottom.
We are likely to see some sideways ranging price action between the two structures until one breaks.
We will need to see the 1963 weighted structure break and lock to open the range above or a break and lock below the retracement range to open the swing range. Failure to lock below the retracement range will follow with a continuation above.
We will continue with our plans to buy dips and track the movement level to level using ema5 cross and lock on our updated Goldturn levels.
Our long term projection still remains Bullish.
BULLISH TARGETS
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN THE FOLLOWING BULLISH TARGETS
1973
1979
BEARISH TARGETS
1949 - DONE
1944
1938
EMA5 CROSS AND LOCK BELOW 1938 WILL OPEN THE SWING RANGE
SWING RANGE
1916 - 1910
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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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.