Gold 4H Chart Route Map UPDADTE

Hey Everyone,

PIPTASTIC start to the week with our 4H chart playing out perfectly. Into the retracement range for support and then the bounce, as analysed, into our target 1946 on this chart - BOOOOM!!!

Our 1H chart has the lower range open, so we need to keep this in mind when managing risk and range this week.

We are now looking for ema5 cross and lock above 1946 weighted level on this chart to confirm the range above or a rejection here for a retest at 1930. EMA5 cross and lock below this level with ema5 will open the swing range.

This is the perfect way for us to catch the turn by naturally falling back into the wave when the time comes.

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 for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
1946 - DONE

EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN THE FOLLOWING BULLISH TARGET
1957
1969

BEARISH TARGET
1930

EMA5 CROSS AND LOCK BELOW 1930 WILL OPEN THE SWING RANGE

SWING RANGE
1906 - 1888

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
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