Hey Everyone,

Please see our 4h chart idea that we have been tracking. All our Bullish targets now HIT with a nice break out off the channel top. Price then rejected at the resistance structure and now back in the Goldturn channel testing previous resistance, as support. We are seeing a nice push up here with potential to go test the high from here again or a break below this level and we will see a test of the channel bottom.

We are trading this from dips and any buys stuck above we comfortably manage with layers from the bottom. The Ascending Bullish Goldturn channel is still being respected so our plans remain the same.

Risk and range management is equally important. When you enter a trade in a direction too early, one should never be afraid to take a chop and secure a better entry from reversal. Its a skill mentally and strategically.

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
Chart PatternsforexanalysisforexsignalsGoldgoldanalysisTechnical IndicatorstradingideastradingsignalsTrend AnalysisXAUUSD

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