Gold Spot / U.S. Dollar
Updated

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

6 643
Hey Everyone,

Please see our 1h chart levels and targets for the coming week, which is still active and in play.

We are seeing price play between two weighted levels with a gap above at 4233 which is locked and a gap below at 4193 as support. 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
4233

EMA5 CROSS AND LOCK ABOVE 4233 WILL OPEN THE FOLLOWING BULLISH TARGETS
4275

BEARISH TARGETS
4193

EMA5 CROSS AND LOCK BELOW 4193 WILL OPEN THE FOLLOWING BEARISH TARGET
4140

EMA5 CROSS AND LOCK BELOW 4140 WILL OPEN THE SWING RANGE
4100
4057

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
snapshot
Hey Everyone,

Strong start to the week with the 1H structure continuing to play out as projected, following our level to level framework.

Our bullish target at 4233 was activated after last week’s close above 4193 with EMA5 lock. This target was hit on market open completing the initial upside objective.

We currently have an open gap toward 4275; price has already extended approximately 300 pips into that zone but failed to complete the full gap fill, resulting in the rejection we are now observing.

Going forward, we’ll be looking to engage lower Goldturn levels to buy dips in alignment with the broader plan. Key levels remain unchanged:

4233 now serves as the immediate support threshold; a sustained break below this level exposes 4193, which aligns with the bearish gap and stands as secondary support within the current range.


Mr Gold

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