Goldviewfx

GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

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

We saw a rejection just below the 2050 Resistance structure last week with price falling back into the retracement range which provided some support. Price is now sitting between both 1984 and 2025 structures. The 1984 full retracement range is still within reach and will keep this in mind when looking to buy dips with targets above at 2013 and 2025.

We plan to continue with our plans to buy dips from strategic support levels keeping in mind the small gap left at 2050. A EMA5 cross and lock above 2025 will provide confirmation or a new Goldturn below it will confirm rejection.

BULLISH TARGETS
2013 -
2025 -

EMA5 CROSS AND LOCK ABOVE 2025 WILL OPEN 2040, 2050
2040 -
2050 -

BEARISH TARGETS
1994 -
1984 -

EMA5 CROSS AND LOCK BELOW 1984 WILL OPEN THE SWING RANGE

SWING RANGE
1960

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

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