GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEK

Nov 9

Hey Everyone,

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

We are seeing price play between two weighted levels with a gap above at 4027 and a gap below at 3992. We will need to see ema5 cross and lock on either weighted level to determine the next range.

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 20 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.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
4027

EMA5 CROSS AND LOCK ABOVE 4027 WILL OPEN THE FOLLOWING BULLISH TARGETS
4073

EMA5 CROSS AND LOCK ABOVE 4073 WILL OPEN THE FOLLOWING BULLISH TARGET
4114

EMA5 CROSS AND LOCK ABOVE 4114 WILL OPEN THE FOLLOWING BULLISH TARGET
4151

EMA5 CROSS AND LOCK ABOVE 4151 WILL OPEN THE FOLLOWING BULLISH TARGET
4199

BEARISH TARGETS
3992

EMA5 CROSS AND LOCK BELOW 3992 WILL OPEN THE FOLLOWING BEARISH TARGET
3956

EMA5 CROSS AND LOCK BELOW 3956 WILL OPEN THE FOLLOWING BEARISH TARGET
3922

EMA5 CROSS AND LOCK BELOW 3922 WILL OPEN THE SWING RANGE
3866
3820

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

Nov 10

Trade active

Hey everyone,

Great start to the week with our 1H chart idea playing out exactly as analysed. We began with our bullish target of 4027, which was hit, followed by the EMA5 cross and lock opening 4073 Goldturn, also achieved today, completing this range perfectly.

Now we’re seeing a cross and lock above 4073, leaving 4114 open as the next potential target.

We’ll continue to track the movement and use lower Goldturn supports to buy dips in line with our trading plan.

Stay tuned, we’ll keep updating you throughout the week as our chart ideas unfold across all timeframes.

Mr Gold

Nov 12

Trade closed: target reached

Hey Everyone,

Please see the follow up update on our 1H chart idea, which has been playing out beautifully.

After completing our bullish targets earlier this week at 4027 and 4073, we confirmed an EMA5 cross and lock, opening up the 4114 level. This target was hit perfectly, followed by another cross and lock above 4114, which opened the 4151 target, which was completed today.

We are now aiming for the final gap at 4199 to complete this chart idea.
Absolutely smashed this one!

We will now move to our 4H chart idea to continue tracking the movement for the remainder of the week.

Mr Gold

Nov 13

Note

Hey Everyone,

Our final gap to 4199 is now complete just like we analysed with our cross and lock confirmation for the final target on this 1h chart idea.

Mr Gold