GoldViewFX - Market UPDATE

Hey Everyone,

More negative pressure on gold today with FOMC looming around the corner getting price in.

We have seen this before and can use any significant drops to take entries for our longer range targets left above. However whilst we have momentum, it can easily drive the price down further with 1804 being tested now. A EMA5 cross and lock on 1804 can open up the 1700 range. I have updated the daily chart with additional support Goldturns to be able to track the drop down level to level.

Taking buys too early at this critical zone will be too premature, unless risk and money managed. We will now wait for FOMC and Post FOMC to start taking and tracking positions. The market condition has changed out of a tight range into a bigger range so money and range management is key. We will now wait for a blueprint and then plan entries accordingly.

As always we will keep you all updated with any changes throughout, please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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