Goldviewfx

GoldViewFX - 4H Chart Market UDPATE

OANDA:XAUUSD   Guld / USA-dollar
Hey Everyone,

End of day update for you all. As you can see from yesterdays chart our analysis played out beautifully !!!

We had the support test at the 1890 zone (Goldturn channel Half line) exactly like we identified and then took buys to 1903 and 1909 TARGETS. We also have 1920 Target but we closed profit, as price reached the Goldturn channel top and we may see some resistance here and therefore banking early and waiting for retracements will be the best option to continue buying dips.

For now we need EMA5 break with candle body close above 1909 to confirm breakout of the channel and provide us with the confidence to continue with the technical trend.

We will continue to buy dips but will wait for the right opportunity. As always we will keep you updated with any changes to our plans.

Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR

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