Goldviewfx

GoldViewFX - Market UPDATE and TARGETS

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,
I guess we don't need to tell you how well we are doing this morning (Thank you to all our followers). We have already started with our Bullish move up towards our first Target 1808. We identified the New Goldturn blocking 1766 which was left open and highlighted this would be delayed (see related post below). While the market trapped sellers targeting sells to 1766 we called the move up.

The charts shows the Goldturn trendline being respected and the turning point. We drew this Goldturn trendline on the 28th, this is our unique way of drawing trendlines at GoldViewFX. We had a buy signal which we already took profit at 1806, which was also supported by the inverse Head and Shoulders we identified this morning. See below


We will now wait and see how EMA5 challenges 1808 before considering any further positions. Any drops to support we will continue to buy dips with smaller LOTs considering the volatile week ahead. The structure remains Bullish supported by our Goldturn trendline for now.

Please don't forget to like, comment and follow to support us. We really appreciate it.

GoldViewFX
XAUUSD TOP AUTHOR



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