GoldViewFX - UPDATED LEVELS & TARGETS$
Hey Everyone,
Another PIPTASTIC day !!!! We called it again with all our TARGETS hit with the final target at 1969 HIT perfectly!!
Price rejected at 1969 and saw it tank down to 1940 GOLDTURN, which was also inline with MA50. This gave another opportunity for the push back up again. Our plans to buy dips and bank 20 to 40 pips at a time has once again allowed us to bank profits and avoid any swing traps.
We need to see EMA5 break 1961 level to confidently open the upper range target 1969, 1976, 1984. We have had 2 historical attempts at 1969, where momentum took the price higher but without a EMA5 cross we saw price tumble back down. We need to keep this in mind before trying to catch the full stretch of the BULL RUN and this will allow us to differentiate between a breakout and a fake out of the upper range.
TARGETS - 1961, 1976, 1984
RETRACEMENT RANGE -1940 - 1944
SWING RANGE - 1931
We remain Bullish but considering the volatile conditions we expect swings. We will continue with our plans to buy dips to manage these conditions. When we see the market conditions change we will change our strategy on buying dips with 20 to 40 pips, but right now this is the perfect setup for this market.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Another PIPTASTIC day !!!! We called it again with all our TARGETS hit with the final target at 1969 HIT perfectly!!
Price rejected at 1969 and saw it tank down to 1940 GOLDTURN, which was also inline with MA50. This gave another opportunity for the push back up again. Our plans to buy dips and bank 20 to 40 pips at a time has once again allowed us to bank profits and avoid any swing traps.
We need to see EMA5 break 1961 level to confidently open the upper range target 1969, 1976, 1984. We have had 2 historical attempts at 1969, where momentum took the price higher but without a EMA5 cross we saw price tumble back down. We need to keep this in mind before trying to catch the full stretch of the BULL RUN and this will allow us to differentiate between a breakout and a fake out of the upper range.
TARGETS - 1961, 1976, 1984
RETRACEMENT RANGE -1940 - 1944
SWING RANGE - 1931
We remain Bullish but considering the volatile conditions we expect swings. We will continue with our plans to buy dips to manage these conditions. When we see the market conditions change we will change our strategy on buying dips with 20 to 40 pips, but right now this is the perfect setup for this market.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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