GoldView Update on 1830 Challenge

As per our analysis earlier this week, we saw EMA5 break 1818 and 1823 level and secured with candle body close.

This confirmed our movement to 1830. We now have a candle body close and EMA5 break to confirm movement up to 1838. We have some retracement due to the strong 1830 level which was expected to see sellers coming in, however 1823 has now supported this movement. We may see some sideway movement before US session between 1830 and 1823.

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Trade closed: target reached:

1838 hit