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

16 juin

Hey Everyone,

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

We are seeing price test 2332 weighted level and we will need to see ema5 cross and lock above 2332 to open the range above to test 2343 and 2349.

Rejection here will see price fall back into the retracement range 2322 - 2312 and a further test and break below 2312 will 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.

EMA5 CROSS AND LOCK ABOVE 2322 WILL OPEN THE FOLLOWING BULLISH TARGET
2343
2349

EMA5 CROSS AND LOCK ABOVE 2349 WILL OPEN THE FOLLOWING BULLISH TARGET
2367

BEARISH TARGETS
2322

EMA5 CROSS AND LOCK BELOW 2322 WILL OPEN THE FOLLOWING BEARISH TARGET
2312

EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE

SWING RANGE
2302 - 2294

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