XAUUSD Market update 01-03-2023

Hey Everyone,

The power of staying in the one direction plays out again with support holding for a lovely push up. Those of you who are following our plans to buy dips, well done!!. 1824 our first BULL TARGET now complete.

We now also have a EMA5 cross and lock above 1824 opening the next level at 1833 and potentially 1844, as the range is open.

Short-term technical structure may look Bearish but the overall long term structure is still Bullish . We will trade against the short term trend and stay within the long term trend and trade retracements for now and continue to buy dips.

IMPORTANT NOTE FOR NEW FOLLOWERS

Swing range opening does not mean a full test but even staying within the swing range will allow us to buy dips, taking safe entries for safe exits on Goldturn resistance levels. Its a structural level of support range.

BULLISH TARGETS TARGETS

1824 - DONE

EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1833 and 1841

BEARISH TARGETS

EMA5 CROSS AND LOCK BELOW 1810 WILL OPEN 1802 AND 1792

SWING RANGE

1792 - 1785

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!

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