GoldViewFX - Market UPDATE by Goldviewfx on TradingView.com
Hey Everyone,
Another PIPTASTIC day for us at VIP , catching the entire movement up from the retracement zone. We waited patiently for the price to test the retracement zone and confirmed rejection with a Goldturn for a perfect buy with a take profit just below 1750 at ma63 dynamic resistance.
We are seeing price range and bounce between both the identified structures. A cross and lock break below 1730 will open the swing range and an ema5 cross and lock above 1750 will open the upper targets. For now, any signals we take, will be from either support or resistance levels identified confirmed with a Goldturn rejection.
We still have ema5 detachment on the weekly chart just below 1730 (see chart below), so we need keep this in mind when planning entries from support levels. Once we see this attachment, we will potentially see another nice push up.
As always, we will track the movement level to level, using our EMA5 cross and lock and our VIP signals to take those safe entries and exits from support and resistance levels. This allows us to safely take profit with the trend or against it!!!
BULLISH TARGETS
1758
1767
EMA5 CROSS AND LOCK BELOW 1750 WILL OPEN THE FULL RETRACEMENT RANGE - DONE
BEARISH TARGETS
1738 - DONE
1730
EMA5 CROSS AND LOCK BELOW 1730 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1709
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
Another PIPTASTIC day for us at VIP , catching the entire movement up from the retracement zone. We waited patiently for the price to test the retracement zone and confirmed rejection with a Goldturn for a perfect buy with a take profit just below 1750 at ma63 dynamic resistance.
We are seeing price range and bounce between both the identified structures. A cross and lock break below 1730 will open the swing range and an ema5 cross and lock above 1750 will open the upper targets. For now, any signals we take, will be from either support or resistance levels identified confirmed with a Goldturn rejection.
We still have ema5 detachment on the weekly chart just below 1730 (see chart below), so we need keep this in mind when planning entries from support levels. Once we see this attachment, we will potentially see another nice push up.
As always, we will track the movement level to level, using our EMA5 cross and lock and our VIP signals to take those safe entries and exits from support and resistance levels. This allows us to safely take profit with the trend or against it!!!
BULLISH TARGETS
1758
1767
EMA5 CROSS AND LOCK BELOW 1750 WILL OPEN THE FULL RETRACEMENT RANGE - DONE
BEARISH TARGETS
1738 - DONE
1730
EMA5 CROSS AND LOCK BELOW 1730 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1709
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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