Please see our updated 1H chart Goldturn support and resistance levels and targets.
Although the chart structure is Bullish, and we are expecting another challenge to 1806 Goldturn, we must keep in mind this is a resistance structure and failure here may start with some retracement into the areas below. Our plans to continue to buy dips are still in play and we will keep the retracement levels in mind when planning entries.
BULLISH TARGETS 1798 1806
EMA5 CROSS AND LOCK ABOVE 1806 WILL OPEN 1815 AND 1822
BEARISH TARGETS 1789 1783 1777 1769
EMA5 CROSS AND LOCK BELOW 1769 WILL OPEN THE SWING RANGE
SWING RANGE 1754
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!