GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$

Hey Everyone,

We have updated the 4H chart Goldturn levels and targets with the most recent upto date data.

Price tested and rejected at a strong support level Friday and now back within the descending wedge pattern, with a new Goldturn created at 1799 inline with the wedge support.

A break below 1779 will open up a new lower range for a consolidation period that has the potential to go deeper, as low as 1680. We plan to keep LOT sizes small - for our plans to take buys from support levels and only small captures. We want to see how price plays out first, as we would like to keep healthy margins, should price enter lower 1700s for better longer range buy entries. Being patient with this market conditions is critical to be able to navigate the range and any range shifts safely.

Remember just like the 1H chart we will be using EMA5 cross and lock on each Goldturn confirming level to level movement to navigate the range like we do at Premier.

BULLISH TARGETS
1814, 1822, 1833

BEARISH TARGETSS
1806, 1799

SWING RANGE
1779

As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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