Goldviewfx

GoldViewFX - WEEKLY CHART UPDATE

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

Weekly chart update for you all.

We had the 1871 challenge and then followed with the retracement target of 1826 as analysed. We now expect price to be supported on this level for another push up also keeping in mind the swing range to manage risk.

I have drawn both the Goldturn support and resistance trendline range and a Goldturn Channel. Showing a breakout from the downtrend into the new trednline support, which is also inline with the Goldturn Ascending channel.

BULLISH TARGETS
1871, 1913

Retracement Range
1826

SWING RANGE
1796

We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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