GOLD 1H CHART ROUTE MAP & TRADING PLANS FOR THE WEEK AHEAD

Hey Everyone,

Please see our updated 1h chart levels and targets for the coming week.

We are seeing price play between two weighted levels 2331 Goldturn resistance and 2310 Goldturn support. We will need to see a test and lock on either levels to open the next range.

We now have gaps between both support and resistance weighted levels. Gap above at 2331 weighted level and gap below at 2310 Goldturn.

We will need to see ema5 lock above 2331 to open the range above or a rejection will follow to find support at the retracement range. A cross and lock below 2310 will open the swing range.

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 30 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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2331

EMA5 CROSS AND LOCK ABOVE 2331 WILL OPEN THE FOLLOWING BULLISH TARGETS
2345
2359

BEARISH TARGETS
2310

EMA5 CROSS AND LOCK BELOW 2310 WILL OPEN THE SWING RANGE

SWING RANGE
2285 - 2274


As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

Mr Gold
GoldViewFX