Hey Everyone,
This is our DAILY chart structure, which has been playing out perfectly so far. We tracked the move down and although price found support above 1709 Goldturn before end of week/day close last Friday, we are yet to see a new Goldturn to confirm further move up.
EMA5 is creating a turn but we require another days data to confirm the Goldturn, so we cannot isolate the bears yet.
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
This is our DAILY chart structure, which has been playing out perfectly so far. We tracked the move down and although price found support above 1709 Goldturn before end of week/day close last Friday, we are yet to see a new Goldturn to confirm further move up.
EMA5 is creating a turn but we require another days data to confirm the Goldturn, so we cannot isolate the bears yet.
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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