GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart Goldturn levels and targets.
As you can see we have been moving structure to structure confirmed with EMA5 cross and lock
EMA5 cross and lock above 1836 resistance structure opened 1854 and potentially the next structure level at 1865. 1854 was hit perfectly giving plenty of opportunity to get in last week inline with our plans to buy dips. 1865 structure target left open to complete full move.
If we see a retracement down, 1836 will be likely level, as a retracement zone. If we see a break below 1836 then we are likely to see the swing range open. This allows us to manage our exposure accordingly when considering our plans to buy dips on the 4H chart.
BULLISH TARGETS
1865
EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1882 AND 1894
BEARISH TARGETS
1836
EMA5 CROSS AND LOCK BELOW 1836 WILL OPEN THE SWING RANGE
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
