Goldviewfx

GOLD 1H CHART ROUTE MAP UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

A PIPTASTC start to the week with our Bullish targets 2323 and 2333 shared yesterday completed today.

We will now need to see ema5 cross and lock above 2330 to open the range above. Failure to cross and lock will confirm rejection to re-test 2330 and 2323 for support.

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 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
2323 - DONE
2330 - DONE

EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349

BEARISH TARGETS
2312

EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE

SWING RANGE
2302 - 2294

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

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