GOLD 1H CHART ROUTE MAP UPDATE

Hey Everyone,

Great start to the week with our chart idea playing out perfectly hitting our first bullish target on the chart idea at 2429 followed with the cross and lock above 2429 opening 2442, which was also hit perfectly.

We now have only our potential extended gap above at 2458 left but we only plan to take from dips, as part of our strategy.

We were able to use the dips below at our bearish target 2413 to catch the buys and now riding with trail protected.

We need to also keep in mind the retracement gaps below at 2401 and 2390 weighted support level 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
2429 - DONE

EMA5 CROSS AND LOCK ABOVE 2429 WILL OPEN THE FOLLOWING BULLISH TARGETS
2442 - DONE
POTENTIALLY 2458

BEARISH TARGETS
2413 - DONE
2401
2390

EMA5 CROSS AND LOCK BELOW 2390 WILL OPEN THE SWING RANGE

SWING RANGE
2377 - 2355

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