Goldviewfx

GoldViewFX - 6 TARGET$$$ HIT, what now?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Another awesome day to see our analysis play out. We hit 1822 level and 1828 target. So far 6 targets out of 7 already done !!

The last target is not one we will target from here unless we get confirmation with our signals. However as the market structure remains same we will continue to pick up buys from dips.

HOURLY CHART

We hit the 1828 target inline with the Goldturn level identified. Although the upper channel is due this Goldturn gave us the exit needed. We will look for price to be supported on the central trendline of the channel at 1820 to confirm further movement to the upside, into the upper part of the channel and possibly even a breakout.

However, as noted before this level has strong historical Goldturns and therefore rejection on this level usually follows with a dump in price. We will sit patiently for any dips and will continue to buy dips unless strong Goldturn supports get broken, in which case we will keep our ideas and ANY changes updated.

DAILY CHART VIEW

The daily chart is pretty self explanatory. This Zone is a strong resistance area and therefore the best course of action for us, is to sit and wait patiently on how the price reacts here.

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GoldViewFX
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