GoldViewFX - Market UPDATE

2023年1月9日

Hey Everyone,

Fantastic start to the week with our first 1H chart idea already complete with both our targets now HIT. BOOOOM!

1873 and 1878 NOW COMPLETE.

EMA5 failed to cross 1878, which followed with a rejection on the resistance structure. Our 4 hour chart idea is still in play and this 1h chart idea is now also back in play, as price has fallen back in range.

As advised yesterday, we still have a retracement range at 1853 and 1857, which we will keep in mind for potential support tests. A break below the retracement range will open the swing range.

We will continue to track and trade the movement level to level and our plans to buy dips is still in play, as the structure remains Bullish across all our setups.

BULLISH TARGETS
1873 - DONE - RE ACTIVATED
1878 - DONE - RE ACTIVATED

EMA5 CROSS AND LOCK ABOVE 1878 WILL OPEN 1885, 1889, 1896 AND 1904

BEARISH TARGETS
1865
1857
1853

EMA5 CROSS AND LOCK BELOW 1853 WILL OPEN 1849, 1841, 1836, 1833

SWING RANGE 1826 - 1819

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