GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS

8 de jan. de 2023

Hey Everyone,

As we have successfully hit all our short, mid and long term targets across all our timeframes, please see our updated Goldturn support and resistance levels and targets for our new 4H chart setup.

We saw price break out of the Goldturn ascending channel and testing a strong resistance structure. We may see a failure here and retracement back into the channel.

Although we saw price break out of the Goldturn channel EMA5 still remains within the channel. Therefore, we would need to see EMA5 cross and lock above 1865 to open and confirm the upper levels and the next resistance structure.

Our plans to buy dips from support levels is still in play and we will continue to track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement.

EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1879, 1895 and 1906

BULLISH TARGETS
1879 -
1895 -
1906 -

BEARISH TARGETS
1854 -
1836 -

SWING RANGE
1817 -1805

EMA5 CROSS AND LOCK BELOW 1805 WILL OPEN 1797, 1788, 1779 AND 1772

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