Goldviewfx

Gold Route Map & Trading Plans for the coming week

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

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

We had strong support at 1817 our previous swing range providing nice entries last week into 1831 Goldturn. 1831 resistance is now being tested. We will need to see 1831 break and lock to open the range above.

We now have structure support at 1809 and will need a lock below 1809 to open the updated swing range for a bounce.

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.

EMA5 CROSS AND LOCK ABOVE 1831 WILL OPEN THE FOLLOWING BULLISH TARGET
1843
1847
POTENTIALLY 1854

BEARISH TARGETS
1817
1809

EMA5 CROSS AND LOCK BELOW 1809 WILL OPEN THE SWING RANGE

SWING RANGE
1785 - 1777

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

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