Goldviewfx

Gold UPDATE from last weeks analysis and outstanding TARGETS!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
This was posted last week with our Goldturn levels identified and the direction we planned to take those levels on. As you can all see from the the arrows on the chart we planned to take buys from the dips and this worked perfectly for us.

Each level was respected well for entries and exits. The support levels allowed us to take the buys and bank on the levels identified. 1763 support level still left open. We will only change direction if this level is broken and not supported otherwise 1807 was the top end of our range to target, which you can see from the blue box highlighted last week. once this level is broken we can expect 1816 to be taken out and above.

Right now unless 1763 is taken out with indicator confirmation, we will continue to buy the dips using the levels identified here and capitalise on this.

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