Gold Route Map for the week

Hey Everyone,

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

We have 1854 Goldturn resistance target open for a test. We will need to see 1854 break and lock to open the range above.

We also have price testing support at 1847 and will need a lock below 1847 to open the next Goldturn support at 1831 for a bounce. A retest and lock below 1831 will open 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 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 last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1854

EMA5 CROSS AND LOCK ABOVE 1854 WILL OPEN THE FOLLOWING BULLISH TARGET
1864
1876

BEARISH TARGETS
1847

EMA5 CROSS AND LOCK BELOW 1847 WILL OPEN THE FOLLOWING BEARISH TARGETS
1831


EMA5 CROSS AND LOCK BELOW 1831 WILL OPEN THE SWING RANGE

SWING RANGE
1817 - 1809

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