GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS
Updated
Hey Everyone,
Happy new year to you all. Please see our updated Goldturn support and resistance levels and targets for our 1H chart setup.
Price was testing the resistance structure at 1824 on market close. We may see some more continuation of the Bullish movement when the week starts but will look for EMA5 to cross and lock above 1824 to confirm the upper levels to be able to track and trade the levels.
Failure to break 1824 and we will see price head into the retracement range for a bounce. A cross and lock below the retracement range and we will see the swing range open.
We will keep this in mind and track and trade the movement level to level keeping in mind when levels and structures are open with EMA5 to strategically place our entries, as our plans to continue to buy dips is still fully in play.
EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1830 AND 1837
BULLISH TARGETS
1830 - DONE
1837 - DONE
BEARISH TARGETS
1819
1815
1808
1802
EMA5 CROSS AND LOCK BELOW 1802 WILL OPEN 1798, 1795, 1791
SWING RANGE 1786 - 1791
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
Happy new year to you all. Please see our updated Goldturn support and resistance levels and targets for our 1H chart setup.
Price was testing the resistance structure at 1824 on market close. We may see some more continuation of the Bullish movement when the week starts but will look for EMA5 to cross and lock above 1824 to confirm the upper levels to be able to track and trade the levels.
Failure to break 1824 and we will see price head into the retracement range for a bounce. A cross and lock below the retracement range and we will see the swing range open.
We will keep this in mind and track and trade the movement level to level keeping in mind when levels and structures are open with EMA5 to strategically place our entries, as our plans to continue to buy dips is still fully in play.
EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1830 AND 1837
BULLISH TARGETS
1830 - DONE
1837 - DONE
BEARISH TARGETS
1819
1815
1808
1802
EMA5 CROSS AND LOCK BELOW 1802 WILL OPEN 1798, 1795, 1791
SWING RANGE 1786 - 1791
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
Note
TYP0 - BULLISH TARGETS ARE NOT DONETrade closed: target reached
BULLISH TARGETS NOW COMPLETE - BOOOOM
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