Goldviewfx

GoldViewFX - 4H Chart updated Levels & Targets

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Please see our updated 4h chart levels and targets.

Price is playing between both the weighted structures 1903 - 1917. We will need to see either level cross and lock to open the next range above or below.

We have a immediate bullish target at 1917 and a correctional retracement target at 1903.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1917

EMA5 CROSS AND LOCK ABOVE 1917 WILL OPEN THE FOLLOWING BULLISH TARGET
1927
1941

BEARISH TARGETS
1903

EMA5 CROSS AND LOCK BELOW 1903 WILL OPEN THE SWING RANGE

SWING RANGE
1879 - 1870

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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