GoldViewFX - 4H CHART UPDATED LEVELS & TARGETS

6 Kas 2022

Hey Everyone,

The 4H chart is looking very much Bullish with the with price breaking out of a resistance structure with an immediate gap target open to 1685. We can also see MEA5 has crossed all MAs for a Bullish continuation with the last MA, MA200 being crossed on market close and potentially lock on Market open.

Our plans are to trade this with taking buys from any dips for the bull targets and track the movement level to level up and down using EMA5 cross and lock to confirm the movement.

EMA5 CROSS AND LOCK ABOVE 1672 WILL OPEN FOLLOWING BULLISH TARGETS

BULLISH TARGETS
1685 -
1691 -
1700 -

EMA5 CROSS AND LOCK ABOVE 1700 WILL OPEN 1708, 1718

BULLISH TARGET
1708 -
1718 -

BEARISH TARGETS
1672 -
1661 -

EMA5 CROSS AND LOCK BELOW 1661 WILL OPEN THE FULL SWING RANGE

SWING RANGE
1636

As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
XAUUSD TOP AUTHOR