Hey Everyone,
AND........BOOOOOM!!!!
FOMC plan executed and completing all targets on our 1H chart setup level to level. We will now track our 4H and Daily chart ideas for the remainder of the week (see related post below)
BULLISH TARGETS
1931 - DONE
1937 - DONE
1946 - DONE
EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961
BEARISH TARGETS
1924 - DONE
1918 - DONE
EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN 1909 AND 1901
SWING RANGE
1901 - DONE
LAST UPDATE
Hey Everyone,
As you can see our 1H chart is back in play as we find price playing between both structures with the retracement zone playing support again after riding back up from the swing range.
We have FOMC today so extra caution in managing risk and range.
FOMC PLAN
Newbies should not trade FOMC, as too risky if you have not learnt how to manage swings.
Overall we remain Bullish and therefore even if price drops due to news, it will find its way up again. Therefore, we need to keep this in mind and wait for better entries entry should the price drop. Our plan to buy dips remains in play.
EMA5 is bouncing between 1924 and 1931 Goldturn levels. We would look to see which is broken with EMA5 first to track movement to the next Goldturn. As we stand all our bearish and 1 bull target has been HIT with only 1937 and 1946 left in the range.
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
AND........BOOOOOM!!!!
FOMC plan executed and completing all targets on our 1H chart setup level to level. We will now track our 4H and Daily chart ideas for the remainder of the week (see related post below)
BULLISH TARGETS
1931 - DONE
1937 - DONE
1946 - DONE
EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961
BEARISH TARGETS
1924 - DONE
1918 - DONE
EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN 1909 AND 1901
SWING RANGE
1901 - DONE
LAST UPDATE
Hey Everyone,
As you can see our 1H chart is back in play as we find price playing between both structures with the retracement zone playing support again after riding back up from the swing range.
We have FOMC today so extra caution in managing risk and range.
FOMC PLAN
Newbies should not trade FOMC, as too risky if you have not learnt how to manage swings.
Overall we remain Bullish and therefore even if price drops due to news, it will find its way up again. Therefore, we need to keep this in mind and wait for better entries entry should the price drop. Our plan to buy dips remains in play.
EMA5 is bouncing between 1924 and 1931 Goldturn levels. We would look to see which is broken with EMA5 first to track movement to the next Goldturn. As we stand all our bearish and 1 bull target has been HIT with only 1937 and 1946 left in the range.
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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