Goldviewfx

GoldViewFX - 4H CHART Market UPDATE

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

Another great day of buying dips from 1919 all the way upto 1930 for a safe exit.

As you can see our 4H chart idea is also playing out perfectly.

We got the EMA5 cross and lock above 1906 we were looking for; opening the upper levels hitting 1928 and now leaving a gap to 1948 for the final stretch of this chart idea. We are now entering into a resistance structure zone and wont chase this unless we see another dip to find support.

We will stick with our plans to buy dips for the continuation and use EMA5 to track the movement level to level on our 1H and 4H chart.

We have a candle body close above 1928 leaving a gap target to 1948. However, ema5 cross and lock above 1928 will solidify this target, although we already have a ema5 cross and lock above the weighted 1906 Goldturn level opening up the entire range.

EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1882 AND 1894

BULLISH TARGETS
1882 - DONE
1894 - DONE

EMA5 CROSS AND LOCK ABOVE 1906 WILL OPEN;
1928 - DONE
1948

UPDATED SWING RANGE - 1854

BEARISH TARGETS
1865
1854

EMA5 CROSS AND LOCK BELOW 1854 WILL OPEN 1836

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

🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 www.t.me/GoldView_FX

MESSAGE US FOR VIP SIGNALS🏆 www.t.me/GoldviewFX

🪙 PARTNER BROKER LINK 🪙

Vantage Account: www.vantagemarkets.com/forex-trading/forex-trading-account/?affid=5258
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.