Goldviewfx

GOLD ROUTE MAP & TRADING PLAN UPDATE

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

Another great setup start to finish so far this week with our 1H chart setup played out perfectly hitting all our Bullish targets with the added benefit of taking the buys from dips to manage any swings.

1986 was hit perfectly today with the ema5 cross above 1971 giving us plenty of time to get in for the move from the dip.

2003 is our final stretch for the technical gap for this chart idea. However, as you all know already, when it comes to chasing numbers right to the end of the setup, we always wait patiently to take from support, which gives us time and range to manage any reversing positions.

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 - DONE

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

EMA5 CROSS AND LOCK ABOVE 1971 WILL OPEN THE FOLLOWING BULLISH TARGET
1986 - DONE
2003 -

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

🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 www.t.me/GoldView_FX

MESSAGE US FOR VIP SIGNALS🏆 www.t.me/GoldviewFX

🪙 PARTNER BROKER LINK 🪙

Vantage Account: www.vantagemarkets.com/forex-trading/forex-trading-account/?affid=5258
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.