GOLD 1H CHART ROUTE MAP UPDATE
Hey Everyone,
Another PIPTASTIC day on the chart for us today!!!!
After completing all our Bullish targets earlier this week, we stated yesterday that failure to lock below 2338 and 2324 will establish support above this range for another retest at the levels above.
- 2324 Goldturn held as support confirmed with our algo for the bounce and BOOOOM straight to 2354 with only 2364 left but we are happy with the pips for today.
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
2338 - DONE
EMA5 CROSS AND LOCK ABOVE 2338 WILL OPEN THE FOLLOWING BULLISH TARGETS
2353 - DONE
2364 - DONE
BEARISH TARGETS
2324 - DONE
2299
EMA5 CROSS AND LOCK BELOW 2299 WILL OPEN THE FOLLOWING BEARISH TARGET
2278
EMA5 CROSS AND LOCK BELOW 2278 WILL OPEN THE SWING RANGE
SWING RANGE
2258 - 2240
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
Another PIPTASTIC day on the chart for us today!!!!
After completing all our Bullish targets earlier this week, we stated yesterday that failure to lock below 2338 and 2324 will establish support above this range for another retest at the levels above.
- 2324 Goldturn held as support confirmed with our algo for the bounce and BOOOOM straight to 2354 with only 2364 left but we are happy with the pips for today.
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
2338 - DONE
EMA5 CROSS AND LOCK ABOVE 2338 WILL OPEN THE FOLLOWING BULLISH TARGETS
2353 - DONE
2364 - DONE
BEARISH TARGETS
2324 - DONE
2299
EMA5 CROSS AND LOCK BELOW 2299 WILL OPEN THE FOLLOWING BEARISH TARGET
2278
EMA5 CROSS AND LOCK BELOW 2278 WILL OPEN THE SWING RANGE
SWING RANGE
2258 - 2240
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
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