GoldViewFX - DAILY CHART UPDATE

11 ביוני 2023

Hey Everyone,

Please see our updated daily chart idea. Price has been testing the retracement zone support structure once again.

We have a candle body close above 1968 opening a longer range gap above at 1992. As long as price remains supported above the retracement range, we can continue to buy dips in this range. A break below the retracement range will open the lower range and therefore we will adapt our risk to manage the range below when extending the dip range to buy from.

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


LAST UPDATE ON THIS CHART
Hey Everyone,

We had another piptastic day today catching the move up from support for a perfect exit at 1968 resistance level before the drop.

Price is now heading back to the retracement range and as long as this retracement level holds, we should see another push to the upside to test the resistance structure. We are likely to see bounces between support structure to resistance structure until one breaks. A break below the retracement range and we will look for a deeper move down into the swing range.

We are buying dips from support levels using our smaller timeframe chart ideas and taking early exits using our Goldturns before any swings like today.

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