Updated 1H chart for you all. The Goldturn channel we have been following is still being maintained well. We are at the floor of the the channel so potentially a push up from this zone to target the upper Goldturns.
We need to keep in mind the retracement zone of 1763 - 1752, as this can potentially be tested during the course of the movement. However please not a EMA5 break and lock below 1763 will open the full swing range. Our plans to buy from support level is still in play.
BULLISH TARGETS 1779 1792 1801
RETRACEMENT TARGETS 1769 1763 1752
SIWNG RANGE 1734 1725
As always we will keep you all updated with any changes to our plans for the 1H CHART.
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