Hey Everyone,
Please see 4H chart updated with weighted Goldturns that will allow us to track the mid term movement level to level.
Last weeks move down which found support above 1695 with a new Goldturn at 1699 confirming the move up. No candle body close was left below 1695 confirming the move up with no gaps left open below.
We will look to trade this level to level with EMA5 cross and lock also keeping in mind the highlighted Goldturns that will open up the bigger range on cross and lock.
We have a open TARGET at 1726 confirmed with EMA5 cross and lock above 1707.
BULLISH TARGETS
1726
EMA5 CROSS AND LOCK ABOVE 1726 WILL OPEN 1741 AND 1758
BEARISH TARGETS
1707
1694
EMA5 CROSS AND LOCK BELOW 1694 WILL OPEN 1679 AND 1665
SWING RANGE
1694
SUPPORT STRUCTURE
1679
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR