GoldViewFX - 4H CHART MARKET UPDATE
Hey Everyone,
Please see 4h chart.
TARGETS
1903, 1912
RETRACEMENT TARGET
1881
SWING RANGE
1855
We remain Bullish buying dips. 1903 is our next target but we have outstanding retracement target to 1881. We have already banked our buys and now staying out for the remaining trading day and closing the week on a high!!!!
Chasing a trend all the way to the finish line can be risky. I always manage my risk with the range and even after seeing targets, I still get out with 20 to 30 pips at a time. This allows me to quickly switch up direction, should the structure change, without feeling committed.
I will come back with some thorough analysis this weekend with targets up and down, to watch out for next week. Please don't forget to like, comment and follow to support our work. It helps us to bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
Please see 4h chart.
TARGETS
1903, 1912
RETRACEMENT TARGET
1881
SWING RANGE
1855
We remain Bullish buying dips. 1903 is our next target but we have outstanding retracement target to 1881. We have already banked our buys and now staying out for the remaining trading day and closing the week on a high!!!!
Chasing a trend all the way to the finish line can be risky. I always manage my risk with the range and even after seeing targets, I still get out with 20 to 30 pips at a time. This allows me to quickly switch up direction, should the structure change, without feeling committed.
I will come back with some thorough analysis this weekend with targets up and down, to watch out for next week. Please don't forget to like, comment and follow to support our work. It helps us to bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
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