GOLD MARKET UPDATE

5월 15일

Hey Everyone,

Another PIPTASTIC day on the chart today buying dips all the way into our Bullish target!!!

After completing the retracement range earlier this week, we got the bounce into 2357 yesterday followed with the lock above 2357 opening the 2389 bullish target once again.

- This played out perfectly completing the target at 2389!!!

We will now look for a ema5 lock above 2389 to open the range above or failure to lock above will see a rejection back to 2357.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2389 - DONE

EMA5 CROSS AND LOCK ABOVE 2389 WILL OPEN THE FOLLOWING BULLISH TARGETS
2412
2435

BEARISH TARGETS
2357 - DONE

EMA5 CROSS AND LOCK BELOW 2357 WILL OPEN THE RETRACEMENT RANGE

RETRACEMENT RANGE
2337 - DONE
2317

EMA5 CROSS AND LOCK BELOW 2317 WILL OPEN THE SWING RANGE

SWING RANGE
2290 - 2274

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!

Mr Gold
GoldViewFX