GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$

Hey Everyone,

We have updated the 4H chart Goldturn levels and we will now watch how EMA5 reacts to the immediate Goldturn support and resistance levels. As long as EMA5 is maintained above 1957 we will remain confident in buying dips and taking 20 to 40 pips at a time will allow us to get out safely with a better chance to avoid getting stuck in any swings.

TARGETS
1975, 1995, 2017

EMA5 cross and lock with candle body close gap to next GOLDTURN will confirm each level at a time. We will wait to see EMA5 cross 1975 to open the upper targets. Failure here we will see a challenge at 1957. EMA5 break below 1957 will change our 4H chart setup, as the lower targets 1939 will open up. However we will still remain within the Bullish swing range, which will still give us confidence to buy dips.

RETRACEMENT RANGE
1957

SWING RANGE
1939

We will closely observe the Goldturn challenges on this chart. As always we will keep you all updated throughout the week.

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GoldViewFX
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