Update on our 4h chart, we can see price has broken back into the 4H Goldturn channel. We need to see EMA5 also break into this channel at 1855 to confirm the break in. This will then open movement in the channel and open the upper targets to 1867, 1881, 1897.
We have identified a swing range of 1836 and so will remain Bullish above this swing range. A EMA5 break below 1836 opens lower targets and therefore we will stop buying dips till we get a deeper correction.
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