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

Hey Everyone,

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

We are seeing price play between two Goldturn levels, support at 2218 Goldturn and resistance at 2238 Goldturn.

We have a bullish gap open now at 2238 and we are seeing ema5 challenge 2218 and will need to see ema5 lock above 2218 to open the range above upto 2253 and a further lock above 2253 will open the range above.

However, we also have a target retracement range between 2196 - 2180 and a break and lock below 2180 will open the swing range and a further break and lock below the swing range will see the Goldturns tested below.

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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2238

EMA5 CROSS AND LOCK ABOVE 2218 WILL OPEN THE FOLLOWING BULLISH TARGETS
2238
2253

BEARISH TARGETS
2218
2196
2180

EMA5 CROSS AND LOCK BELOW 2180 WILL OPEN THE SWING RANGE

SWING RANGE
2180 - 2153

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!

Mr Gold
GoldViewFX