Please see our 4H chart updated Goldturn levels and targets.
Please also see our updated Goldturn channel, our unique way of drawing channels. We are seeing price test the channel top for a rejection and now testing the channel half-line for support with a 1958 Goldturn support bounce.
Previously we saw the half-line support price for another test to the channel top. If the current test holds, we are likely to see the upper targets hit towards the channel top. Cross and lock below 1958 will open the test towards the channel bottom also inline with the retracement range.
We need to keep the above in mind and continue with our plans to buy dips using our levels and algo activations.
We will continue with our plans to buy dips and track the movement level to level using ema5 cross and lock on our updated Goldturn levels and weighted structures.
Our long term projection still remains Bullish.
BULLISH TARGETS 1976 1993
BEARISH TARGETS 1958
EMA5 CROSS AND LOCK BELOW 1958 WILL OPEN THE RETRACEMENT RANGE
EMA5 CROSS AND LOCK BELOW THE RETRACEMENT RANGE WILL OPEN THE SWING RANGE
SWING RANGE 1917
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!
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