Hey Everyone,
This chart has played out perfectly with the retracement range being hit and now followed with the bounce up, with 1968 looking likely for a re-test.
We are also keeping in mind the candle body close above 1968, left 2 weeks ago, 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.
However, a break below the retracement range will open the lower range. We will adapt our risk accordingly to manage the range below.
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