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

3 203
Hey Everyone,

Please see our updated 4h chart levels and targets for the coming week.

We are seeing price play between two weighted levels with a gap above at 3045 and 3078 due to ema5 lagging behind and a gap below at 3016. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual.

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
3241

EMA5 CROSS AND LOCK ABOVE 3270 WILL OPEN THE FOLLOWING BULLISH TARGET
3298

EMA5 CROSS AND LOCK ABOVE 3298 WILL OPEN THE FOLLOWING BULLISH TARGET
3329

BEARISH TARGETS
3205

EMA5 CROSS AND LOCK BELOW 3205 WILL OPEN THE FOLLOWING BEARISH TARGET
3178

EMA5 CROSS AND LOCK BELOW 3178 WILL OPEN THE FOLLOWING BEARISH TARGET
3137

EMA5 CROSS AND LOCK BELOW 3137 WILL OPEN THE FOLLOWING BEARISH TARGET
3108

EMA5 CROSS AND LOCK BELOW 3108 WILL OPEN THE SWING RANGE

SWING RANGE
3077 - 3046

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
Trade active
Typo correction

We are seeing price play between two weighted levels with a gap above at 3241 and a gap below at 3205. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual.

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