GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$

Hey Everyone,

We have updated the 4H chart Goldturns for the existing and current new range. A massive move down in usual pre FOMC fashion. With both FOMC and NFP this week we have been taking it easy and only playing with small LOTs.

We took some small buys early into the drop, which we took out now for better entries and now secured layers from support levels to catch some of the retracement ride up and open gaps. A EMA5 break and lock below 1762 will open lower 2 Goldturns. A failure to break will see price head back up for the upper Targets.

The volatility due to fundamentals is throwing levels off with big movement. Best to utilise and trade small LOTs to be able to manage any swings. This level has strong support, lets see if this holds through the events this week or we see more volatility driven, non organic break of these strong levels, before resuming back to the trend plan.

As always we will keep you all updated with any changes to our plans throughout the day. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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