Hey Everyone,
Please see our 4H chart updated Goldturn support and resistance levels and targets.
As you can see price is respecting our Goldturn channel and now testing the lower channel bottom also in line with 1793 Goldturn support. If we see the channel bottom broken with a EMA5 cross and lock below 1793 and we will potentially see the full swing range open. Failure to break below the channel floor and 1793 Goldturn support and we should see price head back up to test the channel top.
BULLISH TARGETS
1802
1807
EMA5 CROSS AND LOCK ABOVE 1807 WILL OPEN 1717, 1722 and 1728
BEARISH TARGETS
1793
EMA5 CROSS AND LOCK BELOW 1793 WILL OPEN 1785, 1779 and 1772
SWING RANGE
1772 - 1779
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Volumes will be small over the holidays, but rest assured we will have eyes on the charts with updates throughout. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR