GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK

Hey Everyone,

Please see our updated 4h chart levels and targets for the coming week.

We are seeing ema5 play between two weighted levels with a gap above at 2928 with a correction target above at 2890 before that with ema5 lagging and due a touch above. We need ema5 to cross below 2890 to open 2857 and lock above 2928 to open the range above.

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for 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
2890
2928

EMA5 CROSS AND LOCK ABOVE 2928 WILL OPEN THE FOLLOWING BULLISH TARGET
2959

EMA5 CROSS AND LOCK ABOVE 2959 WILL OPEN THE FOLLOWING BULLISH TARGET
2992

EMA5 CROSS AND LOCK ABOVE 2992 WILL OPEN THE FOLLOWING BULLISH TARGET
3024

BEARISH TARGETS

EMA5 CROSS AND LOCK BELOW 2890 WILL OPEN THE FOLLOWING BEARISH TARGET
2857

EMA5 CROSS AND LOCK BELOW 2857 WILL OPEN THE RETRACEMENT RANGE
2813 - 2785

EMA5 CROSS AND LOCK BELOW 2857 WILL OPEN THE SWING RANGE

SWING RANGE
2744 - 2713

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