GoldViewFX - 4H chart UPDATE and PROJECTION
This is our 4chart update. We can see price broke out of the Goldturn channel to the downside and now challenging the bottom of the range box 2. Price has crossed this level down but now we are waiting to see EMA5 cross this level with a candle body close. This will then open gaps to 1770 and 1766.
We expect to see some support at 1766, 1770 levels and then hopefully a formation of a new EMA5 channel targeting 1789, 1804, 1814, 1826 on the next run.
I hope all our updates and analysis has served everyone well this week.
Please don't forget to like, comment and follow to support us, we appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
We expect to see some support at 1766, 1770 levels and then hopefully a formation of a new EMA5 channel targeting 1789, 1804, 1814, 1826 on the next run.
I hope all our updates and analysis has served everyone well this week.
Please don't forget to like, comment and follow to support us, we appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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