GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS

Hey Everyone,

Please see our 1H chart idea with updated Goldturn levels and targets.

Price finished of last week with a test at support structure. We are now looking for a breakout out of this structure with either a EMA5 cross and lock below 2006, which is the current retracement range to open further move down into the swing range or a EMA5 cross and lock above 2021 to confirm movement up to open the upper levels.

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 axis targets.

Structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart.

Our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold.

BULLISH TARGETS
2021 -

EMA5 CROSS AND LOCK ABOVE 2021 WILL OPEN UPPER LEVELS 2036 AND 2O47

BEARISH TARGETS
2006 -

EMA5 CROSS AND LOCK BELOW 2006 WILL OPEN THE SWING RANGE

SWING RANGE
1989 - 1977

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