GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Once again our chart idea played out perfectly hitting all our Bullish targets right form the get go when the market opened.

As stated we are seeing price challenge 2231 on market close on Friday and we needed ema5 to cross and lock above 2231 to open the range above.

- We got the EMA5 cross and lock above 2231 opening 2240, 2246 and 2253, which were all hit perfectly completing this chart idea!!!

We are now seeing a rejection back into the lower range and seeing price find support at 2231 changing resistance to support for the bounce into testing 2240. We will need to see a new Goldturn formation above 2240 to establish a range here for a retest at the highs created on the arrange above or failure to create Goldlturn support above 2240 will see price head towards 2231 for a challenge. A break below 2231 will will likely open the retracement 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 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
2240 - DONE

EMA5 CROSS AND LOCK ABOVE 2231 WILL OPEN THE FOLLOWING BULLISH TARGETS
2240 - DONE
2246 - DONE
POTENTIALLY 2253 - DONE

BEARISH TARGETS
2225
2217

EMA5 CROSS AND LOCK BELOW 2217 WILL OPEN THE RETRACEMENT RANGE
2206

EMA5 CROSS AND LOCK BELOW 2206 WILL OPEN THE SWING RANGE

SWING RANGE
2189 - 2181

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