GOLD 1H CHART ROUTE MAP UPDATE

5 июн.

Hey Everyone,

A great day on the chart today, riding the entire move up after having the gap left open from yesterdays update.

Yesterday we updated that our cross and lock confirmation opened 2345 and 2359. 2345 was hit and only 2359 was left.

2331 provided the support with no lock below confirming the rejection followed with the push up, riding the move all the way up, just a few pips short of 2359.

This final target will #complete this range. We will then need a cross and lock above 2359 to open the range above or a rejection here will see a drop down to look for support at 2345 and 2331 Goldturns.

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
2331 - DONE

EMA5 CROSS AND LOCK ABOVE 2331 WILL OPEN THE FOLLOWING BULLISH TARGETS
2345 - DONE
2359 -

BEARISH TARGETS
2310

EMA5 CROSS AND LOCK BELOW 2310 WILL OPEN THE SWING RANGE

SWING RANGE
2285 - 2274


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