Please see our updated 4H chart Goldturn levels and targets.
Price closed above 1987 Goldturn on Friday leaving a gap target to to 2005 Goldturn.
Price is challenging a resistance structure so we may see some reaction here and therefore highlighted a potential retracement zone at 1948. If we see further Bullish momentum then we would look for EMA5 cross and lock above 2005 to open targets towards the upper structure.
We will continue with our plans to buy dips to avoid swings in this volatile range.
BULLISH TARGETS 2005
EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN 2024 2035 2060
BEARISH TARGETS 1987 1968 1948
EMA5 CROSS AND LOCK BELOW 1948 WILL OPEN 1924, 1906, AND 1882
SWING RANGE 1882
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!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.