Gold 4H Chart Targets and Trading plan

Hey Everyone,

Please see our updated 4H chart levels and targets for the coming week.

We have price testing weighted resistance at 1828 Goldturn. We will need to see 1828 weighted level break and lock with EMA5 to open the range above. We have a candle body close above 1828 opening gap to 1860 dynamic resistance but need ema5 lock to confirm the full range.

We also have our bearish structure support at 1810 our previous swing range that held up perfectly, that may require a correctional re-test. EMA5 lock below 1810 will open the updated swing range.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.


EMA5 CROSS AND LOCK ABOVE 1828 WILL OPEN THE FOLLOWING BULLISH TARGET
1851

EMA5 CROSS AND LOCK ABOVE 1851 WILL OPEN THE FOLLOWING BULLISH TARGET
1870
POTENTIALY 1890

BEARISH TARGETS
1828
1810

EMA5 CROSS AND LOCK BELOW 1810 WILL OPEN 1797 AND THE SWING RANGE

SWING RANGE
1785 - 1772

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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