GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS
Hey Everyone,
We have now updated the weighted Goldturn levels and targets, which we can use to track and trade the movement level to level.
For our new followers these Goldturn levels are tuned to work like support and resistance levels calibrated for the gold market.
Price tested the 1638 Goldturn, which was our previous swing range where market found support end of play Friday. This level held up well before and we would like to see price support above this level again. However, we will watch closely and use EMA5 cross and lock above or below our Goldturn levels to track the movement up or down safely.
EMA5 cross and lock below 1638 will open the range below otherwise a rejection here and we should get a clean run to 1650 Goldturn first and then potentially the range above.
BULLISH TARGETS
1650
1653
1657
EMA5 CROSS AND LOCK ABOVE 1657 WILL OPEN 1661, 1664, 1668 AND 1673
BEARISH TARGETS
1642
1638
EMA5 CROSS AND LOCK BELOW 1638 WILL OPEN 1633, 1630, 1626 AND 1622
SWING RANGE
1626
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
We have now updated the weighted Goldturn levels and targets, which we can use to track and trade the movement level to level.
For our new followers these Goldturn levels are tuned to work like support and resistance levels calibrated for the gold market.
Price tested the 1638 Goldturn, which was our previous swing range where market found support end of play Friday. This level held up well before and we would like to see price support above this level again. However, we will watch closely and use EMA5 cross and lock above or below our Goldturn levels to track the movement up or down safely.
EMA5 cross and lock below 1638 will open the range below otherwise a rejection here and we should get a clean run to 1650 Goldturn first and then potentially the range above.
BULLISH TARGETS
1650
1653
1657
EMA5 CROSS AND LOCK ABOVE 1657 WILL OPEN 1661, 1664, 1668 AND 1673
BEARISH TARGETS
1642
1638
EMA5 CROSS AND LOCK BELOW 1638 WILL OPEN 1633, 1630, 1626 AND 1622
SWING RANGE
1626
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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