GOLD 1H CHART ROUTE MAP UPDATE

Hey Everyone,

Another great day on the charts today with our 1H chart also playing out perfectly inline with our plans to buy dips.

2296 and 2309 both bullish targets now complete on this chart. We now also have a cross and lock opening gap to 2326 Goldturn. We got a nice movement upto 2320 over 100 pips from the 2309 level before another drop leaving the gap 2326 still open. We are now looking for support above 2296 - 2286 to re-attempt the open gap above.

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
2296 - DONE
2309 - DONE

EMA5 CROSS AND LOCK ABOVE 2309 WILL OPEN THE FOLLOWING BULLISH TARGET
2326

BEARISH TARGETS
2286

EMA5 CROSS AND LOCK BELOW 2286 WILL OPEN THE RETRACEMENT RANGE
2274 - 2259

EMA5 CROSS AND LOCK BELOW 2259 WILL OPEN THE SWING RANGE
2274 - 2259

SWING RANGE
2240 - 2219


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