GoldViewFX - Market UPDATE

Hey Everyone,

We had a nice push up today also confirmed with ema5 and ma21 cross and lock. We shared yesterday that we expect the MAs sitting above to get a touch, this was done perfectly today banking 1719 and then followed with another buy from the bottom. All in all a nice start to the week.

We have open targets above that we will be targeting and managing level to level. We can see price has now come back down to find support once again, keeping in mind the bearish targets. Although we are at strong support levels, we need to manage risk accordingly, as historically you can see when price plays at key strong support levels, its always an area where we see stop loss hunt action with quick retracements back. At those conditions If you cant hold that pump with healthy margin then you're out of the game. So we always work our risk and range accordingly by breaking down our Lot sizes and banking in stages Goldturn to Goldturn.

BULLISH TARGETS
1712 DONE
1723 DONE
1736

BEARISH TARGETS
1704, 1698

SWING RANGE
1680

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
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