GoldView Trading Report and Chart Observations

H1
Support 1830 Resistance 1748
Price has been consolidating between support and resistance
Our Moving averages are all below price supporting the recent upward move
Price is currently challenging resistance at 1822
If resistance at 1822 is broken the next resistance challenge will be 1830
if price is unable to break resistance it will come back down to challenge 1814 which falls in line with MA21 and then the next level of support will be 1806, 1797, 1781, 1764 and then 1748

H4
Support 1726 Resistance 1830
Price is currently on a steady incline and has broken 1818
The next challenge will be 1830
If price is unable to break resistance 1830 it will bounce off and test support at 1818

D1
Support 1726 Resistance 1830
Price has been moving sideways between 1748 and 1818
Price is currently challenging resistance
Resistance is broken at 1818 so the next level to challenge will be 1830
If resistance holds strong then price will retrace down to challenge support at 1782. If this level is broken the next challenge will be at 1754 and then 1726

W1
Support 1702 Resistance 1906
Price has been moving sideways between 1737 and 1878
Price is challenging 1823
If this resistance is broken the next level of resistance will be 1878 and then 1906
if price bounces off resistance it will come down to challenge 1761 and then 1737 and below

Monthly
Resistance 1977 Support 1684
Price is currently challenging resistance at 1822 if this is broken the next challenge will be 1867,1907 and then 1977
If price is unable to break resistance at this level it will come down to challenge support at 1775, 1749 and then 1684

Please like, comment and follow us, to support our work, we really appreciate!

GoldView

Comment:

H1 Typing error correction Resistance 1830 Support 1748