GOLD 4H CHART ROUTE MAP UPDATE
Hey Everyone,
Following yesterday's clearing of 2867, 2894, and 29,24, we had no further cross-and-lock confirmation, confirming the rejection ofve down into the lower Goldturns.
We then stated that the lower turns support the bounce and established a range between 2867 and 2924. We will look for a test,d cross,s, and lock on either level to determine the following range.
This is still unfolding, and we are within the range we heightened, allowing us to buy dips safely.
We will consider the above when taking buys from dips. Our updated and weighted levels will allow us to track the movement down and catch bounces up.
We will continue to buy dips using our support levels, which will take 30 to 40 pips. As stated before, elleveltstructuresigive0 to 40 pip bounces, enough for a nice entry and exit. If you back-test the levels we shared weekly for the past 24 months, you can see how effectively they were used for trading with or against short/mid-term swings and trends.
BULLISH TARGET
2867 - DONE
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952
EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
We will regularly update you on the active ideas and setups. Thank you all for your likes, comments, and followings; we appreciate it!
Following yesterday's clearing of 2867, 2894, and 29,24, we had no further cross-and-lock confirmation, confirming the rejection ofve down into the lower Goldturns.
We then stated that the lower turns support the bounce and established a range between 2867 and 2924. We will look for a test,d cross,s, and lock on either level to determine the following range.
This is still unfolding, and we are within the range we heightened, allowing us to buy dips safely.
We will consider the above when taking buys from dips. Our updated and weighted levels will allow us to track the movement down and catch bounces up.
We will continue to buy dips using our support levels, which will take 30 to 40 pips. As stated before, elleveltstructuresigive0 to 40 pip bounces, enough for a nice entry and exit. If you back-test the levels we shared weekly for the past 24 months, you can see how effectively they were used for trading with or against short/mid-term swings and trends.
BULLISH TARGET
2867 - DONE
EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE
EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE
EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952
EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979
BEARISH TARGETS
2833
EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800
EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE
SWING RANGE
2771 - 2743
We will regularly update you on the active ideas and setups. Thank you all for your likes, comments, and followings; we appreciate it!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙
t.me/tradingchampionschannelJoin the community group to get support and share knowledge!
️🥇 Exchange and learn market knowledge
️🥇 Support free trading signals
️🥇 Zalo Group: zalo.me/g/hydlwv957
t.me/tradingchampionschannelJoin the community group to get support and share knowledge!
️🥇 Exchange and learn market knowledge
️🥇 Support free trading signals
️🥇 Zalo Group: zalo.me/g/hydlwv957
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.