GOLD MARKET UPDATE

6 Sep

Hey Everyone,

A fantastic finish to the week with our final target completed today!!

Yesterday after completing 2509; we had a cross and lock opening 2524 and it fell short by a few pips, which we highlighted on the chart yesterday with a circle.
- And BOOOOOM!!! TODAY WE HIT OUR 2524 TARGET!!!

There wasn't enough momentum for the extended 2535, which is why we always call that a "potential" if momentum allows.

BULLISH TARGET
2509 - DONE

EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2524 - DONE
2535 - POTENTIAL

BEARISH TARGETS
2498 - DONE

EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE

RETRACEMENT RANGE
2484 - DONE

EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE

SWING RANGE
2472 (DONE) - 2461

We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead.

Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX