Hey Everyone,
Please see 4H chart levels and targets, which is looking bearish. However, this is off the back of Jackson hole last week, so we do need to let the market settle before making any mid to long term plans on this chart.
EMA5 5 is challenging 1743 Goldturn and can cross and lock on market open, which will open 1730, unless we see a spike up on market open into a full recovery. If we see more bearish movement down, we would like to see price support above 1730 to give the Bulls a fighting chance to recover the move.
As you can see, price is at a central zone of a bigger range on this chart, so waiting patiently for a blue print and a breakout will be the wiser move to make before making any big commitments at the start of the week.
We are still confident in our long term plans to buy from support levels, as the swing and support structure are still intact to take buys with Goldturn exits level to level.
BULLISH TARGETS
1743
1757
1766
BEARISH TARGETS
1730
SWING RANGE
1718 - 1707
STRUCTURE SUPPORT
1707 - 1693
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!
GoldViewFX
XAUUSD TOP AUTHOR
Please see 4H chart levels and targets, which is looking bearish. However, this is off the back of Jackson hole last week, so we do need to let the market settle before making any mid to long term plans on this chart.
EMA5 5 is challenging 1743 Goldturn and can cross and lock on market open, which will open 1730, unless we see a spike up on market open into a full recovery. If we see more bearish movement down, we would like to see price support above 1730 to give the Bulls a fighting chance to recover the move.
As you can see, price is at a central zone of a bigger range on this chart, so waiting patiently for a blue print and a breakout will be the wiser move to make before making any big commitments at the start of the week.
We are still confident in our long term plans to buy from support levels, as the swing and support structure are still intact to take buys with Goldturn exits level to level.
BULLISH TARGETS
1743
1757
1766
BEARISH TARGETS
1730
SWING RANGE
1718 - 1707
STRUCTURE SUPPORT
1707 - 1693
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!
GoldViewFX
XAUUSD TOP AUTHOR
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.