GoldViewFX - 1H CHART GOLD ROUTEMAP

Hey Everyone,

Please see our 1H chart updated Goldturn levels and targets.

As always we have mapped out a true level to level chart idea.

We are seeing price bounce between two structures and now testing support. We saw price wick out with a rejection at 1956 heading for 1962 forming a Goldturn. We would like to see ema5 cross and lock above 1962 to confirm movement up towards the targets above.

Failure to cross above 1962 and we are likely to see 1956 support test again. A cross and lock below 1956 and we will see the retracement range for a test.

Each of these structure will give 20 to 40 pips bounces, which is enough for a nice entry and exit. Bigger targets even with the tests can be tracked by assessing ema5 cross and lock above or below each of the structures.

Our chart idea and strategy gives a true level to level way of tracking and trading the movement and range.

We need to keep the above in mind and continue with our plans to buy dips using our levels and algo activations.

We will continue with our plans to buy dips and track the movement level to level as
our long term projection still remains Bullish.

BULLISH TARGETS
1962

EMA5 CROSS AND LOCK ABOVE 1962 WILL OPEN THE FOLLOWING BULLISH TARGETS
1973
1979
AND POTENTIALLY 1983

BEARISH TARGETS
1956

EMA5 CROSS AND LOCK BELOW 1956 WILL OPEN THE RETRACEMENT RANGE

EMA5 CROSS AND LOCK BELOW 1944 WILL OPEN THE SWING RANGE

SWING RANGE
1923 - 1916

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