Goldviewfx

GoldViewFX - MARKET UPDATE

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

Its lovely to see this chart idea playing out to perfection since Sunday, with no changes or amendments needed to be made!!!

We tracked and traded the price from swing range to all the way up Goldturn to Goldturn. Yesterday we saw strong resistance structure break 1653 and open the upper Goldturns, 1663 being the first one. However, we saw price retrace during the Asia session with cross and lock back below 1653, which was short lived and followed through today with hitting the Goldturn target at 1663, which was confirmed with yesterday's cross and lock.

We would now like to see price support above this stricture 1647 - 1653 to continue with a clean BULLISH run. MAs are sitting close to 1639, which will also be a nice area of support should the range open back up due to conflicting market conditions at the moment.

All charts are still valid, and we will continue to track and trade this level-to-level structure to structure.

BULLISH TARGETS
1647 - DONE
1653 - DONE

Cross and lock above 1653 will open targets to 1663 (DONE), 1676, 1687

BEARISH TARGETS
1639 - DONE
1632 - DONE
1620 - DONE
1611
1603

Cross and lock below 1603 will open targets to 1592, 1586 and 1580.

SWING RANGE
1611

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

GoldViewFX
XAUUSD TOP AUTHOR

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