GoldViewFX - MARKET UPDATE

31 Mei 2023Hey Everyone,

Our 4H chart idea is now also complete like our 1H chart idea, hitting all our active targets from the retracement range into the bullish targets inline with our plans to buy dips.

We are now seeing price test the 1962 level. We will need to see a cross and lock above this weighted level to open the range above otherwise a rejection to follow. Our 1H chart already has a lock above 1961 opening the upper range.


The retracement and swing range are all areas of potential bounces to capture some movement.

We will continue with our plans to buy dips and track the movement level to level with our EMA5 cross and lock confirmation and our algo generated targets.

Our long term projection still remains Bullish.

BULLISH TARGETS
1962 - DONE

EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN 1982

BEARISH TARGETS
1942 - DONE
1934 - DONE

EMA5 CROSS AND LOCK BELOW 1934 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1899

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR