GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK

23 cze

Hey Everyone,

Please see our updated 1h chart levels and targets for the coming week.

We are seeing price between two weighted levels. We have 2330 Goldturn resistance and 2312 support. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range.

We have 2323 bullish target before an attempt of the challenge of 2330, which will then need an ema5 lock to confirm the range above.

We also have 2312 Goldturn weighted support below that will need ema5 lock to open the range below into the swing range.

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
2330

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