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

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Hey Everyone,

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

We are seeing price play between two weighted levels with a gap above at 3356 and a gap below at 3331. We will need to see ema5 cross and lock on either weighted level to determine the next range.

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next 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 20 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.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
3356

EMA5 CROSS AND LOCK ABOVE 3356 WILL OPEN THE FOLLOWING BULLISH TARGETS
3381

EMA5 CROSS AND LOCK ABOVE 3381 WILL OPEN THE FOLLOWING BULLISH TARGET
3404

EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3424

EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGET
3458

BEARISH TARGETS
3331

EMA5 CROSS AND LOCK BELOW 3331 WILL OPEN THE FOLLOWING BEARISH TARGET
3311

EMA5 CROSS AND LOCK BELOW 3311 WILL OPEN THE SWING RANGE
3289
3266

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

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