GOLD 1H CHART ROUTE MAP UPDATE

Hey Everyone,

Another great day on the chart today with our trading idea playing out level to level.

After hitting our bullish targets yesterday we expected play between 2413 Goldturn and 2429 Goldturn. We used the 2413 Goldturn today to buy dips inline with our plans for the week.

We are now looking for ema5 to break either level to open the next range. A break below 2413 will open test to the full retracement range or a break and lock above 2429 will re-engage the upper range again, keeping in mind we have a extended range open above.

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