Goldviewfx

GoldViewFX - DAILY CHART UPDATE

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

Updated DAILY CHART LEVELS.

1916 AXIS SUPPORT is providing support on the daily chart. Although we have seen price drop as low as 1890, price was not able to close below 1916 level on this chart, maintaining the Bullish structure.

If we see a candle body close below 1916 then we will see price challenge 1885 and if we see the candle body close with EMA5 cross then 1847 Goldturn will also be open.

Maintaining this support gives us the setups needed to remain Bullish with Targets at 1948, 1959 and 1978.

These are longer range targets and levels so expect big swings in-between. We will break this down into smaller levels to trade safely.

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