DAILY CHART FORECAST - GOLDTURN AXIS

21 Nov 2021

We have started to share some of our unique gold trading strategies that we have been back testing over the years and trading with it. We never planned to share this publicly but since only recently joining trading view and getting the support from the community, allowed us to take 1st place for top xauusd author. We have now decided to share some of our high level analysis on here.

What we have drawn here on the daily chart are all historical gold turn axis levels. At some point we will do a, education tutorial post on how to draw this strategy. We can now forecast a true range and also areas of breakouts for liquidity grab by institutions.

We have a target of 1896 which is a true Goldturn axis target and 1832 support level due. This 1832 support level may take a further dip down to grab more liquidity, so we will not jump into long positions on first touch. We will wait for price to settle and assess our gold turn levels before taking and adding to our long positions. Stops will be set below Goldturn axis levels.

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