Goldviewfx

GoldViewFX - 4H CHART MARKET UPDATE

OANDA:XAUUSD   Guld / USA-dollar
Hey Everyone,

Hey Everyone,

What can I say we had another great day catching pips from taking buys from every dip, secured with VIP signal confirmations.

1H CHART
We have been following this 1H chart all week and its been playing out level to level.
As you can see the Goldturn Channel drawn using our unique way with Goldturns is being respected perfectly!! We had the challenge on the top of the channel followed with the challenge on the floor of the channel, which held well followed with a nice bounce up. For now the channel is being respected and we will continue to monitor this.

4H CHART
Please see 4H chart setup for the week that we posted Sunday. Its been playing out as planned.

We hit our target of 1769 that we called, which followed with a EMA5 cross and lock above 1769 to open 1783, which again was HIT perfectly!!!! only a gap left to final 4H chart TARGET to 1798 now.

EMA5 looks to have crossed ma200 back down so we may see some retracement. I wanted to share this chart again to keep in mind the full retracement zone has not been tested so although we are BULLISH we need to keep the retracement zone and swing range in mind when managing range and risk.

We have been and will continue to trade this level to level with bias towards buying dips strategically picking entries that also allow us to ride swings.

BULLISH TARGETS
1769 - DONE
1783 - DONE
1798

BEARISH RETRACEMENT TARGETS
1757 - DONE
1748
1740

SWING RANGE
1707 - 1694

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

GoldViewFX
XAUUSD TOP AUTHOR

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