Goldviewfx

GoldViewFX - 4H CHART MARKET UPDATE

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

We updated our 1H chart yesterday sharing a successful completion to our idea. Today please see our 4H chart idea which we shared Sunday and once again another idea completed successfully.

We had 1917 Bullish target HIT and then waited patiently for the ema5 lock above 1917. We got the lock, which opened 1927 and 1941 target. Both these targets were hit for a perfect finish to our setup.

We now have a gap open to 1955. However, this gap is at a resistance structure so expecting some correctional retracements and with NFP tomorrow we need to tread carefully in this range.

We will wait patiently for the right setup and only consider taking positions from dips.

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.

BULLISH TARGETS
1917 - DONE

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

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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