GoldViewFX - 4H chart Market UPDATE

Hey Everyone,

Another fantastic day for us catching a nice 50 pip bounce from support.

Our 4h chart idea is playing out perfectly with price dropping into the retracement zone, as identified on the chart and then a lovely ride up taking out all our Bullish targets. This worked out perfectly for us inline with our plans to buy dips.

Price is now playing between both support 2005 and resistance 2035 structure. We will now patiently wait for either structure to be broken for the next breakout direction.

We will use EMA5 cross and lock above or below each Goldturn level to track the breakout level to level.

BULLISH TARGETS
1991 - DONE

EMA5 CROSS AND LOCK ABOVE 1991 WILL OPEN
2005 - DONE
2024 - DONE

BEARISH TARGETS
1966 - DONE
1942 -

EMA5 CROSS AND LOCK BELOW 1942 WILL OPEN 1919 AND POTENTIALLY 1899

SWING RANGE
1919 - 1899

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