DAILY CHART UPDATE

Hey Everyone,

Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.

Same as last week, we still have the candle body close above 2521 for the gap to 2566. We would need Ema5 lock to further confirm and strengthen this gap. Currently ema5 is playing just under it and we will continue to observe and update this.

We have to also keep in mind that we have a support range below at 2464 - 2405 for longer range support areas to buy strategic dips if the corrections take place before completing gaps above.

We will use smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.

Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.

Buying dips allows us to safely manage any swings rather then chasing the bull from the top.

Thank you all for your likes, comments and follows, we really appreciate it!


Mr Gold
GoldViewFX