Goldviewfx

GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS

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

Please see our updated 4H chart Goldturn support and resistance reaction levels and updated targets.

We have a structure break above 2007 Goldturn resistance opening the range upto 2035, which fell short by a few pips last week still leaving this gap open for us to keep in mind.

A new Goldturn formation at 2022 is providing resistance. We will need to see EMA5 cross this level to solidify the upper target that remains open.

We have a retracement range at 1991 that will likely provide support should we see a test. However, a EMA5 cross and lock below this level will open the swing range. We plan to track and trade this level to level and will continue with our plans to buy dips from strategic levels.

BULLISH TARGETS
2022
2035

EMA5 CROSS AND LOCK ABOVE 2035 WILL OPEN 2060

BEARISH TARGETS
2005
1991

EMA5 CROSS AND LOCK BELOW 1991 WILL OPEN THE SWING RANGE

SWING RANGE
1942

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

🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 www.t.me/GoldView_FX

MESSAGE US FOR VIP SIGNALS🏆 www.t.me/GoldviewFX

🪙 PARTNER BROKER LINK 🪙

Vantage Account: www.vantagemarkets.com/forex-trading/forex-trading-account/?affid=5258
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.