GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS

Hey Everyone,

Please see our 1H chart idea with updated Goldturn levels and targets.

We saw resistance turn to support on Friday with price bouncing off the 1999-2005 structure and now testing resistance at 2017. We have Bullish targets above which we will track and trade level to level with EMA5 cross and lock.

Structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart.

We are at the top end of the range and will now slow down and lighten our exposure on longs. However, we will continue with our plans to buy dips as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold.

BULLISH TARGETS
2017 -
2028 -

EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49

BEARISH TARGETS
2005 -
1999 -

EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE

SWING RANGE
1979 - 1967

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR