GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK

١٤ يوليو

Hey Everyone,

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

We are seeing price test 2414 Goldturn and also between two weighted level range. We have 2414 Goldturn resistance and 2401 Goldturn support weighted levels. We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range.

We will need ema5 to lock above 2414 to confirm the range above. We also have 2388 and 2372, as the retracement area and will need ema5 lock below this to 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 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.

BULISH TARGET
2414

EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT
2426
2440

EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT
2449
2460

BEARISH TARGETS
2401

EMA5 CROSS AND LOCK BELOW 2401 WILL OPEN THE FOLLOWING BEARISH TARGETS

BEARISH TARGETS
2388
2372
2359

EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE

SWING RANGE
2344 - 2331

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX