GoldViewFX - 4H CHART MARKET UPDATE

Hey Everyone,

This is an update on our 4H chart we posted on Sunday. We identified both bullish and bearish targets like we always do, with our bias towards Bullish targets highlighted with arrows on the chart. This played out perfectly hitting all the Bullish targets completing the setup.

We continued with our plans to buy dips today taking profit before the drop covering any positions from the top. We are now seeing price back at support structure also inline with our Goldturn channel. We will continue to buy dips from this range and keeping in mind the retracement range, which is not too far; we will manage our exposure accordingly.

We will also continue with our plans to buy dips, as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. Ema5 break above the axis trendline will potentially secure movement into the new ATH range.

BULLISH TARGETS
2022 - DONE
2039 - DONE
2046 - DONE

BEARISH TARGETS
2005 -
1990 -

EMA5 CROSS AND LOCK BELOW 1979 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
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