GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS
Updated
Hey Everyone,
Please see our 4H chart idea with updated Goldturn support and resistance levels and targets.
We have updated our Goldturn ascending channel, which is also playing out and being respected with price challenging and hovering just below the half-line of the channel. If the half line holds we will see movement down into the retracement zone for a challenge. A break below 1906 will open the levels towards the swing range.
Our structure remains bullish and we will now need to see a ema5 cross and lock above 1941 to open the upper levels.
We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels to allows us to handle and manage swings safely.
BULLISH TARGETS
1941
EMA5 CROSS AND LOCK ABOVE 1941 WILL OPEN 1952, 1941, 1961 and 1975 (INLINE WITH CHANNEL TOP)
BEARISH TARGETS
1916
1906
EMA5 CROSS AND LOCK BELOW 1906 WILL OPEN 1893, and 1876.
SWING RANGE
1876
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 idea with updated Goldturn support and resistance levels and targets.
We have updated our Goldturn ascending channel, which is also playing out and being respected with price challenging and hovering just below the half-line of the channel. If the half line holds we will see movement down into the retracement zone for a challenge. A break below 1906 will open the levels towards the swing range.
Our structure remains bullish and we will now need to see a ema5 cross and lock above 1941 to open the upper levels.
We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels to allows us to handle and manage swings safely.
BULLISH TARGETS
1941
EMA5 CROSS AND LOCK ABOVE 1941 WILL OPEN 1952, 1941, 1961 and 1975 (INLINE WITH CHANNEL TOP)
BEARISH TARGETS
1916
1906
EMA5 CROSS AND LOCK BELOW 1906 WILL OPEN 1893, and 1876.
SWING RANGE
1876
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
Trade closed: target reached
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