GoldViewFX - DAILY CHART UPDATED LEVELS & TARGETS$
Hey Everyone,
Please see our updated daily chart setup and structure.
The daily chart remains very much Bullish with a candle body close above 1857 opening a gap target to 1879 only. However, if we see EMA5 follow through and cross and lock above 1857 then we will potentially see the full upper range open to the next resistance structure upto 1927.
We need to be mindful and as always not to chase the bull from the front. We will wait for our usual dips to support confirmed with our signals before taking buys using our smaller timeframe setups.
Please also take note; with movement like this on the daily chart, usually follows with some aggressive retracements before continuation towards its long range Bull Targets. It is these swings that trap retail traders. By managing a tight and effective risk exposure allows us to absorb these swings safely before riding the wave back up, as you have already seen us do time after time.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. . Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Please see our updated daily chart setup and structure.
The daily chart remains very much Bullish with a candle body close above 1857 opening a gap target to 1879 only. However, if we see EMA5 follow through and cross and lock above 1857 then we will potentially see the full upper range open to the next resistance structure upto 1927.
We need to be mindful and as always not to chase the bull from the front. We will wait for our usual dips to support confirmed with our signals before taking buys using our smaller timeframe setups.
Please also take note; with movement like this on the daily chart, usually follows with some aggressive retracements before continuation towards its long range Bull Targets. It is these swings that trap retail traders. By managing a tight and effective risk exposure allows us to absorb these swings safely before riding the wave back up, as you have already seen us do time after time.
As always, we will keep you all updated with regular updates throughout the week and how we manage the 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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