GoldViewFX - 4H CHART MARKET UPDATE

Hey Everyone,

This is an update of our 4H CHART setup.

Once again, a perfect example of our trade idea playing out. The break below 1691 support structure confirmed 1673 and 1662 as advised on Sunday, which confirmed the open of the swing range in advance for us to plan our entries. This was hit perfectly, which allowed us to take our buy entries from the swing range and take safe exits at 1673, Goldturn to Goldturn!

We will now wait for a cross above 1673 with a lock to confirm movement to 1691, which will be the more significant challenge to keep an eye on. A break and lock above this level will open the upper structure 1709 and 1719. A failure to break above 1673 will open a re-challenge of 1662 and a break below this level will open the support structure down to 1625.

We will continue to track and trade the range level to level, as we are still within the range of our setup.

BULLISH TARGETS
1705
1719
1736

EMA5 CROSS AND LOCK ABOVE 1736 WILL OPEN 1758 AND 1774

BEARISH TARGETS
1691 - DONE

EMA5 CROSS AND LOCK BELOW 1691 WILL OPEN 1673 and 1662 - DONE

SWING RANGE
1662 - DONE

SUPPORT STRUCTURE
1625

As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!


GoldViewFX
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