Our upper levels have opened up and we have drawn the Goldturns to cover this range by taking historical data in this same price range with targets up to 1847 and above. The upper part of the GOLDTURN channel drawn using Goldturns is sitting at 1862.
We are expecting another push up, however we may get some retracement to 1830 level to find some support. We have updated the chart with all the Goldturn support and resistance levels to follow. We will watch how EMA5 challenges these levels to confirm direction and sequence of the movement.
Our plans to buy dips still remain, as the bullish structure is still in play. If this changes we will update our plans accordingly.
DAILY CHART
EMA5 has broken 1818 daily chart Goldturn opening gap to 1850.
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GoldViewFX
XAUUSD TOP AUTHOR
We are expecting another push up, however we may get some retracement to 1830 level to find some support. We have updated the chart with all the Goldturn support and resistance levels to follow. We will watch how EMA5 challenges these levels to confirm direction and sequence of the movement.
Our plans to buy dips still remain, as the bullish structure is still in play. If this changes we will update our plans accordingly.
DAILY CHART
EMA5 has broken 1818 daily chart Goldturn opening gap to 1850.
Please don't forget to like, comment and follow to support us, we really do appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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