Goldviewfx

GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS$

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

We have updated all the Goldturns with the most recent weighted values to trade this market level to level. We can see price broke outside of the channel and 1809 Goldturn, which confirmed the open and break of the structure support, which we saw play out before the move up that we caught.

1785 provided the support for a push up to now finishing off with a challenge to 1809 Goldturn (previous support). This is now an important challenge, a break above this level will open us back into the channel and into the previous range. A failure to break above 1809 will turn this support level to resistance and then we will see the full swing range open again keeping in mind 1799 that may provide early support for the push up.

We will need to be very careful trading this volatile market condition together with FOMC and NFP this week. We will be managing a tight risk setup and making sure to trade this Goldturn to Goldturn to avoid the swings. We did this perfectly last week, banking pips and taking exits before big swings using our custom INTRADAY levels

BULLISH TARGETS
1815, 1819, 1824, 1832

BEARISH TARGETS
1799

SWING RANGE
1785, 1778

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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