GoldViewFX - DAILY CHART UPDATED STRUCTURE

Hey Everyone,

Please see updated daily chart structure.

We are at a very crucial support zone on the daily chart, challenging 1660 Goldturn, which we saw price bounce off on Friday and failed to cross below, leaving room for a recovery this week.

We will be monitoring this chart closely for EMA5 cross and lock confirmation to track this movement range to range. If we see another challenge to 1660 and then followed with EMA5 cross and lock below 1660, it will open targets to 1610 and 1578.

We will need to see a new Goldturn above structure support to provide momentum for EMA5 to cross and lock 1705 for a Bullish recovery.

We remain above the setup level with plans for the push up still in line with our technical setup. However, keeping in mind the FEDS rate hike and more pricing in action, we need to manage risk and range accordingly to absorb any swings before falling in line with organic technical movements.

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

GoldViewFX
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