Hey Everyone,
Our chart idea is playing out perfectly. We had a EMA5 cross and lock above our weighted 2006 Goldturn leaving gap target from yesterday at 2029, which was HIT perfectly today.
We now have a candle body close above 2029 leaving a gap to 2042. However we will need EMA5 cross and lock to solidify this gap target.
The upper levels are now also open to the next structure so we will keep this in mind and continue with our plans to buy from dips using our support Goldturn levels to strategically pick safe entries and exits.
Please also refer to our 4H chart idea for upper level openings.
Please note we have also updated the swing and retracement range.
BULLISH TARGETS
1977 - DONE
1995 - DONE
2006 - DONE
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2029 - DONE
2042
2050
BEARISH TARGETS
1960 - DONE
1946
EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN 1929
SWING RANGE
1929 - 1913
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
Our chart idea is playing out perfectly. We had a EMA5 cross and lock above our weighted 2006 Goldturn leaving gap target from yesterday at 2029, which was HIT perfectly today.
We now have a candle body close above 2029 leaving a gap to 2042. However we will need EMA5 cross and lock to solidify this gap target.
The upper levels are now also open to the next structure so we will keep this in mind and continue with our plans to buy from dips using our support Goldturn levels to strategically pick safe entries and exits.
Please also refer to our 4H chart idea for upper level openings.
Please note we have also updated the swing and retracement range.
BULLISH TARGETS
1977 - DONE
1995 - DONE
2006 - DONE
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2029 - DONE
2042
2050
BEARISH TARGETS
1960 - DONE
1946
EMA5 CROSS AND LOCK BELOW 1946 WILL OPEN 1929
SWING RANGE
1929 - 1913
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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