GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEK

Hey Everyone,

This is still a follow up update on our 4chart idea which is still valid and in play with the final gap still in range.

Previously we had our Bullish target 3424 and finished off with ema5 cross and lock above this level opening 3499. This gap was filled last week just like we analysed followed with another cross and lock above 3499 opening 3561, which was also hit.

We now finished off last week with a cross and lock above 3561 leaving 3615 open. Failure to test this final target will see lower Goldturns tested for support and bounce.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.

We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
3424 - DONE

EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGETS
3499 - DONE

EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561 - DONE

EMA5 CROSS AND LOCK ABOVE 3561 WILL OPEN THE FOLLOWING BULLISH TARGET
2615 -

BEARISH TARGETS
3347

EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3277

EMA5 CROSS AND LOCK BELOW 3277 WILL OPEN THE SWING RANGE
3234
3171

EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE
3089
2996

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX