GoldViewFX - Gold route map UPDATE

Hey Everyone,

Great start to the week with our chart idea off to flying start.

We had an immediate target to 1893 open, which we shared yesterday. This was HIT perfectly today. EMA5 failed to cross 1888 weighted support that we highlighted. This followed with the move up.

We now have candle body above 1893 to open 1902 and 1888 to open 1880 but ema5 cross and lock above or below will solidify this in either direction. EMA5 is currently ranging between these two levels.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up. This style allows us to naturally fall back in the long term trend without looking for the bottom or top.

BULLISH TARGETS
1893 - DONE

EMA5 CROSS AND LOCK ABOVE 1893 WILL OPEN THE FOLLOWING BULLISH TARGET
1902

EMA5 CROSS AND LOCK ABOVE 1902 WILL OPEN THE FOLLOWING BULLISH TARGETS
1910
1916 -
1925 -

BEARISH TARGETS
1888 - DONE

EMA5 CROSS AND LOCK BELOW 1888 WILL OPEN THE SWING RANGE

SWING RANGE
1874 - 1864

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