Hey Everyone,
Fantastic start to the week with our 1H chart playing out hitting both Bullish targets 1925 and 1931 weighted level.
As stated on the chart, we need to see 1931 (the weighted level) cross with ema5 lock to open upper levels otherwise a rejection will follow. This also played out as projected, as EMA5 failed to cross 1931 after being hit, giving us the perfect exit before the rejection.
Although we share Bullish and Bearish targets, we confidently always confirm our bias towards the targets we chase and that has clearly been buys from dips
We can continue to trade these levels even after hitting both targets, as we are back in the range and can use the levels to track and trade the movement with ema5 cross and lock.
Our long term projection still remains Bullish.
BULLISH TARGETS
1925 - DONE
1931 - DONE
EMA5 CROSS AND LOCK ABOVE 1931 WILL OPEN 1938, 1944 AND 1950
BEARISH TARGETS
1912
EMA5 CROSS AND LOCK BELOW 1912 WILL OPEN THE SWING RANGE
SWING RANGE
1895
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 AUTHORour 1H chart idea playing out hitting both our Bullish targets.
Fantastic start to the week with our 1H chart playing out hitting both Bullish targets 1925 and 1931 weighted level.
As stated on the chart, we need to see 1931 (the weighted level) cross with ema5 lock to open upper levels otherwise a rejection will follow. This also played out as projected, as EMA5 failed to cross 1931 after being hit, giving us the perfect exit before the rejection.
Although we share Bullish and Bearish targets, we confidently always confirm our bias towards the targets we chase and that has clearly been buys from dips
We can continue to trade these levels even after hitting both targets, as we are back in the range and can use the levels to track and trade the movement with ema5 cross and lock.
Our long term projection still remains Bullish.
BULLISH TARGETS
1925 - DONE
1931 - DONE
EMA5 CROSS AND LOCK ABOVE 1931 WILL OPEN 1938, 1944 AND 1950
BEARISH TARGETS
1912
EMA5 CROSS AND LOCK BELOW 1912 WILL OPEN THE SWING RANGE
SWING RANGE
1895
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 AUTHORour 1H chart idea playing out hitting both our Bullish targets.
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