GoldView UPDATE ON 1868 challenge and outstanding TARGETS

Hourly Chart Update
Price failed to break 1868 and as we expected retraced to look for support at ma63 (red line), which it did. This is the first level of support after 1852 in line with gold turn at 1846. If price fails to support on this level we are expecting 1832 to be HIT. We are then expecting some ranging movement between 1832 and 1852 before another test to 1868. The bulls are still looking strong, any dips in price at these support levels are buying opportunities for us.

H4
We are expecting price to hit ma21 close to 1845. Once this is done we will look for EMA5 challenge and cross on MA21 for confirmation for further move down. If this challenge fails, price will find support and look to challenge 1868 again otherwise 1832 is next.