GoldViewFX - 4H Chart Market UPDATE

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Hey Everyone,

Our 4H chart idea has played out perfectly with EMA5 cross and lock targets of 1882 and 1894 being HIT and then 1906 completing the structure test

The previous swing range played out perfectly and we have now updated the swing range to 1836 should we see a deep retracement.

We are now looking for EMA5 to cross and lock above 1906 to open the levels all the way upto 1948.

1906 is resistance structure, which now has a 4H candle body close confirming the break. However, we would like to see EMA5 cross and lock this level to confirm this break. Failure to cross and lock will see a new Goldturn and then a potential retracement down. Either way it still supports our Bullish plans to buy dips.

We will keep this in mind to navigate the range and plan our entries and exits and continue with our plans to buy dips from support levels.

EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1882 AND 1894

BULLISH TARGETS
1882 - DONE
1894 - DONE

UPDATED SWING RANGE - 1836

BEARISH TARGETS
1865
1854

EMA5 CROSS AND LOCK BELOW 1854 WILL OPEN 1836

SWING RANGE
1811

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

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