GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK

16586
Hey Everyone,

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

We are seeing price play between two weighted levels with a gap above at 2807 and a gap below at 2794. We will need to see ema5 cross and lock on either weighted level to determine the next range.

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next 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
2807

EMA5 CROSS AND LOCK ABOVE 2807 WILL OPEN THE FOLLOWING BULLISH TARGET
2819

EMA5 CROSS AND LOCK ABOVE 2819 WILL OPEN THE FOLLOWING BULLISH TARGET
2832

EMA5 CROSS AND LOCK ABOVE 2832 WILL OPEN THE FOLLOWING BULLISH TARGET
2845

BEARISH TARGETS
2794

EMA5 CROSS AND LOCK BELOW 2794 WILL OPEN THE FOLLOWING BEARISH TARGET
2778

EMA5 CROSS AND LOCK BELOW 2778 WILL OPEN THE FOLLOWING BEARISH TARGET
2764

EMA5 CROSS AND LOCK BELOW 2764 WILL OPEN THE RETRACEMENT RANGE
2753 - 2739

EMA5 CROSS AND LOCK BELOW 2739 WILL OPEN THE SWIG RAGE

SWING RANGE
2722 - 2707

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

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