GOLD 1H CHART ROUTE MAP UPDATE

Hey Everyone,

This is an update on our 1H CHART route map shared on Sunday. This chart has been playing gout perfectly.

We started the week with the retracement range test followed with the bounce into our bullish target 2691. EMA5 cross and locked above 2691 opening 2706 and 2719. This was hit perfectly today completing this range.

We are now looking for ema5 lock above 2719 to open the range above for a continuation or failure to lock above will follow with a rejection here.

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

BULLISH TARGET
2691 - DONE

EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706 - DONE
POTENTIALLY 2719 - DONE

EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736

BEARISH TARGETS
2679 - DONE

EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 (DONE) - 2654

EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE

SWING RANGE
2640 - 2624

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