GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS

Hey Everyone,

We have updated the 1H chart Goldturn levels with adjusted targets and swing range.

Price failed to close below 1700 on Friday close of play with 1704 Goldturn acting as a strong support with a double Goldturn. EMA5 break and lock below 1704 will open the lower Goldturns, as low as 1680 into the full swing range. Even if the swing range does not change the direction for the longer targets, it still allows enough of a swing to catch some pips and out.

All MA's are sitting above price, guiding the price down, however we are expecting the MA touches at some point now. 1704 Goldturn has provided support for EMA5 to challenge MA21. A cross above MA21 will open the remaining MAs above for a touch and EMA5 break and lock above 1712 will then open the upper Goldturns upto 1736.

BULLISH TARGETS
1712, 1723, 1736

BEARISH TARGETS
1704, 1698

SWING RANGE
1680

As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR