Hey Everyone,
We have updated the daily chart significant Goldturn support and resistance levels. The daily chart price is at a critical zone central zone. We saw price challenge 1804 Goldturn but we need to see how EMA5 reacts to this level.
EMA5 is crossing ma200 on market open, which may provide the momentum needed for further move below 1804 but can easily retrace back unless we see EMA5 cross and lock below 1804, which will give us the confirmation of a breakout into the range of 1741, instead of a fake out. A EMA5 rejection at 1804 will see price head back to challenge 1858.
We will keep a close eye on the daily chart structure and keep you all posted with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
We have updated the daily chart significant Goldturn support and resistance levels. The daily chart price is at a critical zone central zone. We saw price challenge 1804 Goldturn but we need to see how EMA5 reacts to this level.
EMA5 is crossing ma200 on market open, which may provide the momentum needed for further move below 1804 but can easily retrace back unless we see EMA5 cross and lock below 1804, which will give us the confirmation of a breakout into the range of 1741, instead of a fake out. A EMA5 rejection at 1804 will see price head back to challenge 1858.
We will keep a close eye on the daily chart structure and keep you all posted with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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🏆MESSAGE US FOR VIP SIGNALS🏆
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🪙 JOIN OUR DISCORD FOR BACKUP 🪙
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t.me/GoldviewFX
or
email goldviewfx@gmail com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.