Gold weekly chart AXIS target 1826 $$

26 déc. 2021

We have drawn our Goldturn channel on the weekly chart and identified an AXIS TARGET of 1826.

We have also identified our Goldturn median support, which we draw using the central point of our converging Goldturn channel. Our back testing shows its always important to identify this median support alongside our axis target as part of one of our Goldview trading setup unique to us. Identifying this level stops us from prematurely entering all our positions. It is an area of support that is likely to get tested more than once when chasing an axis target.

We have also highlighted the strong Goldturn at 1766, should this be tested again it still falls in line with us buying dips. Unless this level is broken and secured, as resistance, we will not change our strategy to buy dips.

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GoldViewFX
XAUUSD TOP AUTHOR

9 janv. 2022

Trade fermée: cible de profit atteinte