GOLD 1H AND 4H CHART ROUTE MAP UPDATE

30 Okt

Hey Everyone,

Another PIPTASTIC day on the charts today with our 1H chart complete and 4h chart targets also smashed. We got the EMA5 cross and lock above 2762 opening 2772 and 2781, which were hit today completing this 1h chart idea (please see below)



Our 4h chart also had ema5 cross and lock above 2737, opening 2760 and 2779, which were both hit completing this range. We now have ema5 lock above 2779 opening the range above. We always take caution chasing targets all the way to the top and that why using our Goldlturns to buy dips is the safest way to chase targets in a new 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 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.

BULLISH TARGET
2760 (EMA5 LOCK ABOVE 2737 WILL FURTHER CONFIRM THIS) - DONE
POTENTIALLY 2779 - DONE

EMA5 CROSS AND LOCK ABOVE 2779 WILL OPEN THE FOLLOWING BULLISH TARGET
2797
POTENTIALLY 2814

BEARISH TARGETS
2737 - DONE
2715

EMA5 CROSS AND LOCK BELOW 2715 WILL OPEN THE SWING RANGE

SWING RANGE
2693 - 2669

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