GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS
Hey Everyone,
Please see our updated 4h chart Goldturn support and resistance levels and targets.
Price is playing in the centre of the overall 4H chart range with two likely targets, 1882 Bullish target and 1836 Bearish target.
This central range is a tricky area to trade, as either move may happen first. Trying to catch both will be dangerous and therefore, the safest way to trade this is to target buys from dips to support and sells from resistance. It will be easier to manage 1 direction should you take the wrong one using layers to manage range level to level.
Also note we have a Bearish structure on the 4h chart currently with the overall chart within a long term/range Bullish structure.
BULLISH TARGETS
1882
1894
EMA5 CROSS AND LOCK ABOVE 1894 will open 1906 and 1928
BEARISH TARGETS
1854
EMA5 CROSS AND LOCK BELOW 1854 WILL OPEN 1836 AND 1817
SWING RANGE
1817
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
Please see our updated 4h chart Goldturn support and resistance levels and targets.
Price is playing in the centre of the overall 4H chart range with two likely targets, 1882 Bullish target and 1836 Bearish target.
This central range is a tricky area to trade, as either move may happen first. Trying to catch both will be dangerous and therefore, the safest way to trade this is to target buys from dips to support and sells from resistance. It will be easier to manage 1 direction should you take the wrong one using layers to manage range level to level.
Also note we have a Bearish structure on the 4h chart currently with the overall chart within a long term/range Bullish structure.
BULLISH TARGETS
1882
1894
EMA5 CROSS AND LOCK ABOVE 1894 will open 1906 and 1928
BEARISH TARGETS
1854
EMA5 CROSS AND LOCK BELOW 1854 WILL OPEN 1836 AND 1817
SWING RANGE
1817
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
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