Goldviewfx

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

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

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

We are seeing price play between two levels 2365 and 2346. We have a open gap above at 2365, 2379 Goldturn and below at 2346.
We will need to see ema5 lock above 2379 to further open the range above or a rejection will follow to find support at the retracement range. A cross and lock below 2346 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
2365
2379

EMA5 CROSS AND LOCK ABOVE 2379 WILL OPEN THE FOLLOWING BULLISH TARGETS
2393
2408

BEARISH TARGETS
2346

EMA5 CROSS AND LOCK BELOW 2346 WILL OPEN THE SWING RANGE

SWING RANGE
2321 - 2305

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

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