GOLD 4H CHART ROUTE MAP UPDATE

Hey Everyone,

Great day on the charts today with Gold recovering from yesterdays drop, perfectly inline with our plans to buy dips.

Our 4h chart idea Bullish target 2694 was hit at the start of the week and now our bearish target also complete at 2665. No lock on either weighted level and therefore playing between both levels in this range. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next 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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGET
2694 - DONE

EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726

EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753

BEARISH TARGETS
2665 - DONE

EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633

EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE

SWING RANGE
2600

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX