Goldviewfx

GoldviewFX - Dail chart UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

This is our DAILY chart structure, which has been playing out perfectly so far. We tracked the move down and saw price find support above 1709 Goldturn prior to last week and now we can see EMA5 flatlining on this level and just above.

We remain above the setup level with plans for the push up still in line with our setup. However, the flatlining is an indication that it can still swing both ways so will need another Goldturn above this level to secure the push up. We will keep an eye on this during the week alongside the smaller timeframes to secure safe entries.

Daily chart next resistance level is at 1755. Any immediate momentum up, with a break and lock above 1755 will open full Bull recovery into the 1800s again.

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
XAUUSD TOP AUTHOR

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