Hey Everyone,
Please see our 1H chart updated Goldturn levels and targets.
Price closed last Friday on the 1920 weighted Goldturn resistance structure. We will need to see this 1920 Goldturn level break with EMA5 lock to open the bullish targets above.
Failure to cross will see price drop into the retracement range for a bounce to find support and then re-test the upper resistance levels again. EMA5 lock below the retracement range will open the swing range.
We are now able to use these levels to track and trade the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1920
EMA5 CROSS AND LOCK ABOVE 1920 WILL OPEN THE FOLLOWING BULLISH TARGETS
1925
1931
1938
BEARISH TARGETS
1911
EMA5 CROSS AND LOCK BELOW 1911 WILL OPEN THE SWING RANGE
SWING RANGE
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
Please see our 1H chart updated Goldturn levels and targets.
Price closed last Friday on the 1920 weighted Goldturn resistance structure. We will need to see this 1920 Goldturn level break with EMA5 lock to open the bullish targets above.
Failure to cross will see price drop into the retracement range for a bounce to find support and then re-test the upper resistance levels again. EMA5 lock below the retracement range will open the swing range.
We are now able to use these levels to track and trade the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1920
EMA5 CROSS AND LOCK ABOVE 1920 WILL OPEN THE FOLLOWING BULLISH TARGETS
1925
1931
1938
BEARISH TARGETS
1911
EMA5 CROSS AND LOCK BELOW 1911 WILL OPEN THE SWING RANGE
SWING RANGE
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
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