Goldviewfx

GoldView Market Review - New range open

OANDA:XAUUSD   Gold Spot / U.S. Dollar
1830 was broken, as per our analysis and targets. We are waiting for the momentum to exhaust and then expecting the price to settle at 1852 before it continues the bull run, as the new range has now been open. If 1852 is not supported then we will look for price to support at 1832 before another Bull run.

Current Bull run was rejected at 1868 EMA TURN resistance. Once price is supported and we get the momentum to break 1868 level with our trading setup confirmations, it will look to hit 1880, 1891 and 1906.

However If we do get a challenge at 1832 support and a break on this level then we expect to enter the previous range dropping from 1832, 1818, 1806 and 1791 and below

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