GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS
Hey Everyone,
Please see our 4H chart with updated levels and targets.
Price has broken out of the channel and looking for a retest on the channel top. Support here and we are likely to see a push up to hit 1982. We will need ema5 cross and lock above 1963 to solidify this target.
We are likely to expect big swings next week due to high volatile news releases during the week. Any swings down will likely test the retracement range, also inline with the channel half-line.
A break below the retracement range will open the swing range also, inline with the channel bottom.
We will manage the range and swings accordingly using our EMA5 cross and lock to navigate level to level.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN
1982
BEARISH TARGETS
1942
EMA5 CROSS AND LOCK BELOW 1942 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 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
Please see our 4H chart with updated levels and targets.
Price has broken out of the channel and looking for a retest on the channel top. Support here and we are likely to see a push up to hit 1982. We will need ema5 cross and lock above 1963 to solidify this target.
We are likely to expect big swings next week due to high volatile news releases during the week. Any swings down will likely test the retracement range, also inline with the channel half-line.
A break below the retracement range will open the swing range also, inline with the channel bottom.
We will manage the range and swings accordingly using our EMA5 cross and lock to navigate level to level.
We will continue with our plans to buy dips and track the movement level to level.
Our long term projection still remains Bullish.
BULLISH TARGETS
1963
EMA5 CROSS AND LOCK ABOVE 1963 WILL OPEN
1982
BEARISH TARGETS
1942
EMA5 CROSS AND LOCK BELOW 1942 WILL OPEN THE SWING RANGE
SWING RANGE
1918 - 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
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