Goldviewfx

GoldViewFX - MARKET UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Closing off the week on a nice high today. As mentioned yesterday price was testing 1777 support structure and we were looking for the structure to hold for a push up. This played out perfectly. We jumped in adding long positions from the bottom confirmed with our signal target and layered all the way to the H4 MA21 touch right into our entry zone from yesterday not only covering yesterday's position but also bonus pips from the bottom.

As you can all see the support and resistance structures, we identified using Goldturns are being respected well. Until we see either one of these break with an ema5 cross and lock, we can continue to play within this range.

As you can all see our 1H and 4H ideas posted Sunday have now all been completed. We will now come back Sunday with our Multi timeframe analysis and trading plans for the coming week.

Hope you all Enjoy your weekend and let's pray and hope for a smashing finish to the year!!

BULLISH TARGETS
1801 - DONE
1815 - DONE

EMA5 CROSS AND LOCK ABOVE 1815 WILL OPEN 1822, 1833, 1843

BEARISH TARGETS
1788 - DONE
1777 - DONE

EMA5 CROSS AND LOCK BELOW 1765 WILL OPEN 1756, 1747, 1738

SWING RANGE
1738


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GoldViewFX
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