Goldviewfx

GoldViewFX - Daily Chart UPDATE and TARGETS

OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is an update from our previous Daily chart update.

We were observing the challenge on the 1818 Goldturn Level last two days to see how EMA5 locks on this location. EMA5 has failed to cross above the 1818 Goldturn level. A rejection here, we can see from historical challenges can follow with movement down and open target to 1801.

Although we remain buying dips, as the structure for our setup remains Bullish, we will expect some movement down. Signals activated here we will take both ways and risk manage this range 1801 -1818.

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