Hey Everyone,
Please see our updated 1H chart Goldturn support and resistance reaction levels and updated targets.
We have a EMA5 cross and lock above 1991 updated weighted Goldturn leaving a gap to 2006. However, we will need to see EMA5 break and lock above 2006 to confirm further move up towards the upper levels.
We have a candle body close below 1977 Goldturn leaving a gap open to 1955, which we highlighted as a retracement zone. We will keep this in mind and continue with our plans to buy dips from strategic Goldturn support levels to stay in line with our overall long term trend.
BULLISH TARGETS
2006
EMA5 CROSS AND LOCK ABOVE 2006 WILL OPEN
2029
2050
BEARISH TARGETS
1977
1955
EMA5 CROSS AND LOCK BELOW 1955 WILL OPEN 1940, 1925, 1913.
SWING RANGE
1925 - 1913
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
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