1H CHART ROUTE MAP UPDATEHey Everyone,
Quick follow up on yesterday’s 1H chart update
Today, we saw exactly the type of reaction we were looking for at the 3328 retracement level. Price respected the zone perfectly, offering a clean bounce, just as we anticipated and stated yesterday. There was no EMA5 cross and lock below 3328, confirming a strong rejection and aligning perfectly with our plan to buy dips into 3355 and above.
This move further validates our structure and the importance of waiting for confirmations rather than jumping the gun. As always, EMA5 cross and lock levels remain key in tracking momentum shifts. We’ll continue to monitor for a cross and lock above each Goldturn level to confirm the next move.
Also, let’s not forget the 3381 gap we highlighted in Monday’s outlook, it remains a magnet above, and we’re keeping it firmly on our radar.
The plan remains the same: We are buying dips at key levels with solid risk management and using EMA5 confirmations to confirm the moves.
Updated Reminder of Key Levels:
BULLISH TARGET
3381
EMA5 CROSS & LOCK ABOVE 3381 opens
3416
EMA5 CROSS & LOCK ABOVE 3416 opens
3439
BEARISH TARGETS
3353 ✅ HIT
EMA5 CROSS & LOCK BELOW 3353 opens
3328 ✅ HIT
EMA5 CROSS & LOCK BELOW 3328 opens
3305
EMA5 CROSS & LOCK BELOW 3305 opens Swing Range:
3288
3259
As always, we’ll continue monitoring and sharing updates, as price reacts around these zones. Thank you all for the continued support, your likes, comments, and follows are genuinely appreciated!
Mr Gold
GoldViewFX
Goldytrading
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey 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 3236 and a gap below at 3184. 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
3236
EMA5 CROSS AND LOCK ABOVE 3236 WILL OPEN THE FOLLOWING BULLISH TARGETS
3278
EMA5 CROSS AND LOCK ABOVE 3278 WILL OPEN THE FOLLOWING BULLISH TARGET
3308
EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET
3343
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGETS
3373
EMA5 CROSS AND LOCK ABOVE 3373 WILL OPEN THE FOLLOWING BULLISH TARGETS
3418
BEARISH TARGETS
3184
EMA5 CROSS AND LOCK BELOW 3184 WILL OPEN THE FOLLOWING BEARISH TARGET
3146
EMA5 CROSS AND LOCK BELOW 3146 WILL OPEN THE SWING RANGE
3103
3069
EMA5 CROSS AND LOCK BELOW 3069 WILL OPEN THE SECONDARY SWING RANGE
3030
2981
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