GoldViewFX - 4H CHART UPDATE & ROADMAPHey Everyone,
Following on from the 1H chart analysis, I have applied a new setup on the 4H chart and tried to simplify the roadmap to guide the movement for me.
We have an AXIS target at 1940, which needs an EMA5 break and candle body close above 1905 GOLDTURN to confirm LOCK. We are looking for EMA5 to create a new Goldturn above 1890 to then HIT 1905 and above!
We have an AXIS target at 1854, which needs an EMA5 break and candle body close below 1890 to open 1870 and then a break and lock below 1870 to confirm 1854 AXIS.
Whilst we can see some movement down, the 4H CHART STRUCTURE looks very much BULLISH. We remain confident in buying dips from SUPPORT GOLDTURNS.
We will update all our setups daily throughout the week so stay tuned for the updates and please don't forget to LIKE, COMMENT and FOLLOW to support us.
GoldViewFX
XAUUSD TOP AUTHOR
