Please see our 4H chart updated weighted Goldturn levels and targets.
Price is now playing between 1993 and 2039 structure. The 1993 support structure seems to be holding for now. However we will need to see a new Goldturn above the retracement range to confirm another rally up. Keeping in mind a EMA5 cross and lock below the retracement range will open the range down to the swing range.
We remain Bullish with our long term plans and will continue to track the price level to level when buying dips.
We also have a long range Axis target at 2052 on the 4H chart.
BULLISH TARGETS 2005 - 2022 - 2039 - 2052 -
BEARISH TARGETS 1993 - 1980 -
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!
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