Goldviewfx

GoldViewFX - 1H CHART MARKET UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Please see our 1H CHART setup, which played out perfectly on Friday.
We saw the price drop to the retracement zone just above the swing range and gave us the perfect entries to ride up to each Goldturn level.

EMA5 is sitting above 1821 maintaining the current 1h chart setup. A cross and lock below 1821 will open 1809 - 1801. We will continue to buy from dips within the swing range, until we see this support structure broken, in which case we will update our setups accordingly. We remain confident in our Bullish stance on this market and using our strategies to pick out the right entries from support Goldturns is allowing us to manage the swings safely.

BULLISH TARGETS
1831, 1835, 1839, 1844, 1850

BEARISH RETRACEMENT TARGETS
1826, 1821

SWING RANGE
1809

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

GoldViewFX
XAUUSD TOP AUTHOR

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