Goldviewfx

GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS

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

Please see our 4H chart with updated levels and targets.

Market is ranging between 1936 and 1976 support and resistance structures with another re-test at 1976 looking likely. Price has broken out of the channel and looking for a retest on the channel top for support, also inline with the retracement range. Support here and we are likely to see 1948, 1963 re-hit.

A break below the retracement range will open the swing range, also inline with the channel bottom.

We will continue with our plans to buy dips and track the movement level to level.

Our long term projection still remains Bullish.

BULLISH TARGETS
1963
1976

EMA5 CROSS AND LOCK ABOVE 1976 WILL OPEN
1993 - 2005

BEARISH TARGETS
1948
1936

EMA5 CROSS AND LOCK BELOW 1936 WILL OPEN THE SWING RANGE

SWING RANGE
1918 - 1899

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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