Goldviewfx

GoldViewFX - Gold Route Map for the week

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

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

We have 1926 Goldturn resistance target open for a test. We will need to see 1926 break and lock to open the range above.

We also have the retracement zone at 1917 that may require a correctional re-test.

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 the 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 last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1926

EMA5 CROSS AND LOCK ABOVE 1926 WILL OPEN THE FOLLOWING BULLISH TARGET
1932
1940

BEARISH TARGETS
1917

EMA5 CROSS AND LOCK BELOW 1917 WILL OPEN THE FOLLOWING BEARISH TARGETS
1910
1905

EMA5 CROSS AND LOCK BELOW 1905 WILL OPEN THE SWING RANGE

SWING RANGE
1897 - 1889

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!

GoldViewFX
XAUUSD TOP AUTHOR

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