Goldviewfx

GoldViewFX DAILY chart UPDATE $$

OANDA:XAUUSD   Gold Spot / U.S. Dollar
We expected a drop in price due to the Goldturn created below the 1818 Goldturn resistance level, further strengthening this level.

We also identified a Goldturn support area of 1789, which also fell in line with the ascending trendline support we drew forming an axis level of 1787 for support. This was respected beautifully!!

This is a crucial challenge. We will watch how this plays out before planning any further BUYs.

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