GoldViewFX - DAILY CHART UPDATE
Hey Everyone,
We have updated our Daily chart structure.
Price tested the full support structure last week, hitting the daily chart sequence of targets, which provided the perfect support allowing us to catch the bounce upto 1736.
EMA5 break and lock below 1704 Goldturn can potentially provide momentum to break the structure support and go deeper into low 1600s, therefore having EMA5 remain above 1704 gives us early indication of the support structure being maintained . We will watch EMA5 action against 1704 closely and manage risk and range accordingly Goldturn to Goldturn.
We will look closely for ema5 challenge to break and lock above 1741 to confirm further movement up otherwise we will see some side by side movement in this range.
As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
We have updated our Daily chart structure.
Price tested the full support structure last week, hitting the daily chart sequence of targets, which provided the perfect support allowing us to catch the bounce upto 1736.
EMA5 break and lock below 1704 Goldturn can potentially provide momentum to break the structure support and go deeper into low 1600s, therefore having EMA5 remain above 1704 gives us early indication of the support structure being maintained . We will watch EMA5 action against 1704 closely and manage risk and range accordingly Goldturn to Goldturn.
We will look closely for ema5 challenge to break and lock above 1741 to confirm further movement up otherwise we will see some side by side movement in this range.
As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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