Price found support at 1766 Goldturn after a big drop from 1877.
Price retraced up to Fib level 23.6% and found temporary resistance here.
We can see price heading towards 1805 Goldturn level, which is also in line with fib level 38.2%. If we see EMA5 cross with a candle body close above 1805 Goldturn then we can expect price to hit fib level at 50% at 1820. If price is rejected at 1805 then we can expect a challenge at 1766 Goldturn support level.
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GoldViewFX
XAUUSD TOP AUTHOR
Price retraced up to Fib level 23.6% and found temporary resistance here.
We can see price heading towards 1805 Goldturn level, which is also in line with fib level 38.2%. If we see EMA5 cross with a candle body close above 1805 Goldturn then we can expect price to hit fib level at 50% at 1820. If price is rejected at 1805 then we can expect a challenge at 1766 Goldturn support level.
Please do give us a like, comment and follow us to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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