GoldViewFX - 1H MARKET UPDATE

2022年3月7日

Hey Everyone,

Another PIPTASTIC day of trading.

Our Trading plan was a piece of art. I wanted to share the chart, as it is, to allow you all to see how well the setup was respected. True class!!!

You can see the break above 1974, which we said once broken and tested as support will give us confidence to jump onto buys. The break above 1974 was then supported by 1974 Goldturn and our Gold turn trendline, which gave us 5 entries throughout today with each entry providing 100pips to a safe exit to next Goldturn. I have marked the entries and exits with green ticks to show you all how the plan played out.

The blue zone played out perfectly for the buys and this setup can be used throughout this week if price remains in this range, however we have one target left at 2004 before we update our plans. Please see Daily chart on related post below for the higher targets above 2004.

This setup is still fully in play should price remain in this range and buying dips from Goldturns is still part of our plans for the week. As always we will keep you all updated throughout the week.

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GoldViewFX
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