Hey Everyone,
The 4489 bearish gap has now been filled, with the expected reaction from this key support zone and producing the weighted level bounce that was anticipated in line with our strategy to buy dips.
Current price action is now testing a critical decision area. The next move will depend on how price behaves around the EMA5:
Bullish Scenario
If EMA5 holds as support above this level and rejected, we expect the bounce to continue.
Bullish scenario
A sustained move higher could target:
4595 Goldturn
Further EMA5 crosses and locks above these levels would continue opening the path toward the higher Goldturn levels.
Bearish Scenario
If price crosses and locks below 4489 on EMA5, it will open the range below.
In that case, the market could begin rotating into the lower swing range, exposing:
4365 GOLDTURN
4237 GOLDTURN
This remains the key risk level for the current bullish structure.
Outlook
The market has completed the expected 4489 bearish gap fill and delivered the initial bounce. We are now watching closely to determine whether EMA5 can provide the platform for a full recovery back toward the upper GOLDTURN levels, or whether an EMA5 cross and lock below 4489 triggers the next leg lower into the swing range.
Key Level to Watch: 4489
Above 4489: Bias remains for continuation of the bounce.
EMA5 cross and lock below 4489: Opens the lower range and increases downside risk.
We will keep you all updated.
Mr Gold
The 4489 bearish gap has now been filled, with the expected reaction from this key support zone and producing the weighted level bounce that was anticipated in line with our strategy to buy dips.
Current price action is now testing a critical decision area. The next move will depend on how price behaves around the EMA5:
Bullish Scenario
If EMA5 holds as support above this level and rejected, we expect the bounce to continue.
Bullish scenario
A sustained move higher could target:
4595 Goldturn
Further EMA5 crosses and locks above these levels would continue opening the path toward the higher Goldturn levels.
Bearish Scenario
If price crosses and locks below 4489 on EMA5, it will open the range below.
In that case, the market could begin rotating into the lower swing range, exposing:
4365 GOLDTURN
4237 GOLDTURN
This remains the key risk level for the current bullish structure.
Outlook
The market has completed the expected 4489 bearish gap fill and delivered the initial bounce. We are now watching closely to determine whether EMA5 can provide the platform for a full recovery back toward the upper GOLDTURN levels, or whether an EMA5 cross and lock below 4489 triggers the next leg lower into the swing range.
Key Level to Watch: 4489
Above 4489: Bias remains for continuation of the bounce.
EMA5 cross and lock below 4489: Opens the lower range and increases downside risk.
We will keep you all updated.
Mr Gold
🪙 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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
🪙 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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.