We had the 1871 challenge and then followed with the retracement target of 1826 as analysed. We now expect price to be supported on this level for another push up also keeping in mind the swing range to manage risk.
I have drawn both the Goldturn support and resistance trendline range and a Goldturn Channel. Showing a breakout from the downtrend into the new trednline support, which is also inline with the Goldturn Ascending channel.
BULLISH TARGETS 1871, 1913
Retracement Range 1826
SWING RANGE 1796
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