GoldViewFX - 4H MARKET UPDATE

Hey Everyone,

Please see update on our 4H chart idea which is playing out as analysed. We got a nice drop into the retracement range followed with a prefect bounce with candle wicking out on our 1967 Goldturn support into our first target.

Although our 1H chart idea has opened both ways with the swing range being open; the 4H chart is still supporting above the retracement range, as EMA5 remains above the retracement range.

We remain Bullish with our long term plans and will continue to track the price level to level when buying dips from support levels with the short term trend down.

We also have a long range Axis target at 2052 on the 4H chart.

BULLISH TARGETS
2005 - DONE
2022 -
2039 -
2052 -

BEARISH TARGETS
1993 - DONE
1980 - DONE

EMA5 CROSS AND LOCK BELOW 1980 WILL OPEN THE SWING RANGE

SWING RANGE
1960

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
Chart PatternsforexsingalsGoldgoldsignalgoldsignalsTechnical IndicatorstradingideastradingsignalsTrend AnalysisXAUUSD

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