1710 Goldturn is currently being challenged by weekly chart EMA5. EMA5 cross and lock below 1710 will confirm movement to 1589. A failure to lock and we will see the price head back up. We also have ma200 touch, which may provide some dynamic support.
This week's opening candle will cross, and then next week's candle will confirm lock to 1589 or a failure will see gold recover. This is a very important week. Its best to wait for some more price action on the lower timeframes and then we will have a blueprint to trade it level to level.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!