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

23 jun

Hey Everyone,

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

The sell off Friday shifted two range and therefore opened a bigger range for corrections and tests.

We have the weighted level above at 2346 holding this range with 2325 and 2337 on the way that will need re-tests to confirm a benchmark correction.

We also have 2313 weighted Goldturn level holding support on this range and will need ema5 lock 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.

BULLISH TARGETS
2325
2337
2346

EMA5 CROSS AND LOCK ABOVE 2346 WILL OPEN THE FOLLOWING BULLISH TARGET
2360

EMA5 CROSS AND LOCK ABOVE 2360 WILL OPEN THE FOLLOWING BULLISH TARGET
2376

BEARISH TARGETS
2313

EMA5 CROSS AND LOCK BELOW 2313 WILL OPEN THE SWING RANGE

SWING RANGE
2302 - 2290


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