Hey Everyone,
We have updated the Goldturn levels and drawn a GOLDTURN channel. We can see price has broken out of the GOLDTURN descending channel and challenged 1920 GOLDTURN before retracing down again. We expect some retracement to the channel support at 1888 and 1878 at some point to test the channel for support otherwise we are happy to start using our intraday levels to buy dips for the immediate Bullish TARGETS.
BULLISH TARGETS
1896, 1904, 1914, 1920
RETRACEMENT TARGETS
1888, 1878
EMA5 break above 1920 GOLDTURN will open the upper targets and EMA5 break below 1878 will open the lower TARETS 1869 and below. The current immediate range we can see is 1920 to 1869.
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GoldViewFX
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