Hey All,
Sharing update on our 4h chart.
All targets HIT and although we had a sharp drop from 1974 to 1878 the 4h candle wicked out (highlighted on the chart) from the Goldturn half-line, maintaining the bullish structure.
We expect to see some ranging and then a challenge again at the Goldturn channel top. Unless we see EMA5 break below 1897 with a candle body close, we will remain Bullish. Price and EMA5 remaining above 1897 helps us continue with our plans, Any changes to this and we will be sure to update you all.
Don't let the news and market manipulation fool you. I keep it simple and follow what the chart shows me. And right now price is back to where we started and that's after all the action!!!! Like I always say.....BACK TO BENCHMARK!!! (SEE RELATED POST)
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GoldViewFX
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