Please see updated weighted Goldturns and targets for the 4H chart.
We have been following this chart from last week as we already incorporated historical weighted Goldturns in the new range. As you can see from the projected arrows, we posted last week, price has been following the route map level to level respecting the Goldturn channel.
We did not have a current range on the 4H chart but used a projected range using historical data between 1622 to 1693 and we are still expecting some ranging action between these levels.
Bullish Targets 1664 1679 1693
EMA5 CROSS AND LOCK ABOVE 1693 WILL OPEN 1710 AND 1726
Bearish Targets 1640 1622
EMA5 CROSS AND LOCK BELOW 1622 WILL OPEN 1586
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!