GOLD ROUTE MAP & TRADING PLANS FOR THE WEEK AHEAD

Hey Everyone,

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

Last week we had a Bearish week, which was a perfect example of how our strategy works against the short/mid term trend.

The break and lock allowed us to track the movement down and our weighted levels allowed us to buys dips for 30 to 40 pips, as you can see on the chart.

We have a bullish target at 1950 and a cross of ema5 above 1950 will open the previous open gap to 1971.

We have price testing weighted support at 1937 and a cross and lock below this level with ema5 will open the retracement range test at 1916 for a reactional bounce and a break and lock below 1916 will open the swing range for a reaction.

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
1950

EMA5 CROSS AND LOCK ABOVE 1950 WILL OPEN THE FOLLOWING BULLISH TARGET
1971

EMA5 CROSS AND LOCK BELOW 1937 WILL OPEN THE RETRACEMENT RANGE
BEARISH TARGET
1916

EMA5 CROSS AND LOCK BELOW 1916 WILL OPEN THE SWING RANGE

SWING RANGE
1897 -

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
XAUUSD TOP AUTHOR