GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS

Hey Everyone,

Please see our updated 1h chart Goldturn levels and targets.

We had a nice run from the support structure into the resistance structure with a breakout outside the channel last week, which then followed with a tank down back into support structure on Friday after NFP.

There is room left for further move down to complete the full retracement range also inline with the channel top re-test. We expect price to find support here for a bounce.

The retracement and swing range are all areas of potential bounces to capture some movement.

We are looking for a clean EMA5 break of the weighted Goldturn levels to confirm a breakout and not a fakeout in either direction.

We will continue with our plans to buy dips and track the movement level to level with our EMA5 cross and lock confirmation and our algo generated targets.

Our long term projection still remains Bullish.

BULLISH TARGETS
1952
1963

EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN 1979

BEARISH TARGETS
1937

EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1895

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