GoldViewFX - H1 Update on LEVELS & TARGETS$

26 ene 2022

This is an update from our Hourly chart analysis. Price found support at 1832 and then 1838 like we projected alongside the Goldturn trendline and Goldturn level. Targets at 1844 and 1850 plus were hit perfectly with plenty of opportunities to buy dips.

We will keep a close eye on the Goldturn trendline and will remain Bullish above the 1830 level, which is inline with the half way mark to Benchmark, which keeps the structure Bullish. A challenge below the half mark will open targets to benchmark at 1815.

RANGE VIEW


If the structure is unchanged, we shall see another rally up. Please note FOMC today, either the movement is already priced in, so we may see some bi directional movement and settle back to same range or price breaks into a new range away from the Dead zone (1830 to 1847), which the price has broken back into, which opens targets to 1830.

We plan to stay small on any open positions and keep a tight risk management.

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GoldViewFX
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