Goldviewfx

GoldViewFX - Market UPDATE

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

Another FANTATSIC DAY!!!

Quick end of day update from us. We hit our 1779 TARGET, as shared yesterday and that followed with the retracement down that we also shared.

The Goldturn channel has been respected perfectly with the channel high being tested and now retracing for the channel bottom. It may find support earlier so we banked our sell before the channel floor. We took buys up with perfect exit on the Goldturn and channel high and then took a sell down with a signal for a nice TP. LOVE IT!!!

We will now gear up to buy again at the right levels. We expected this drop on the channel high due to ema5 detachment on the daily chart, which is close to complete. The touch will give us the reset we need to continue with our plans.

BULLISH TARGETS
1769 - DONE
1779 - DONE
1792

BEARISH RETRACEMENT TARGETS
1763 - DONE
1752
1743

SWING RANGE
1725-1718

STRUCTURE SUPPORT
1685

As always we will keep you all updated with any changes to our plans throughout. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

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