Hey Everyone,
We had an awesome day today with our trading plan playing out to perfection!!! (see related post below)
We hit all our projected targets from retracement to 1832 to find support, as identified - followed by 1839, 1844, 1849, 1854, and then to finish of with a BOOM 1857.
Why do we stick to buys I hear a lot of you ask? well I've been trading the Gold market for over 10 years and have traded and managed most market conditions. Every so often a winning streak is broken with getting stuck in a big swing. Back test the Daily chart structure and you will see getting stuck in a swing with buys is far safer than a sell swing. The last 3 years I have found it both safer and profitable to have a 70/30 ratio with buys vs sells.
The lower range has opened up so we must keep that in mind while taking buys and manage risk accordingly. Markets are volatile so we expect swings both ways.
We expect some retracement and then continuation of movement up.
BULLISH TARGETS
1854, 1857, 1863
BEARISH TARGETS
1849,1844
SWING RANGE
1832
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
XAUUSD TOP AUTHOR
We had an awesome day today with our trading plan playing out to perfection!!! (see related post below)
We hit all our projected targets from retracement to 1832 to find support, as identified - followed by 1839, 1844, 1849, 1854, and then to finish of with a BOOM 1857.
Why do we stick to buys I hear a lot of you ask? well I've been trading the Gold market for over 10 years and have traded and managed most market conditions. Every so often a winning streak is broken with getting stuck in a big swing. Back test the Daily chart structure and you will see getting stuck in a swing with buys is far safer than a sell swing. The last 3 years I have found it both safer and profitable to have a 70/30 ratio with buys vs sells.
The lower range has opened up so we must keep that in mind while taking buys and manage risk accordingly. Markets are volatile so we expect swings both ways.
We expect some retracement and then continuation of movement up.
BULLISH TARGETS
1854, 1857, 1863
BEARISH TARGETS
1849,1844
SWING RANGE
1832
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
XAUUSD TOP AUTHOR
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.