GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2510 Goldturn resistance and we have 2492, as Goldturn support.
We currently have a gap open above at 2510 and below at 2492 and will need 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 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 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.
BULLISH TARGET
2510
EMA5 CROSS AND LOCK ABOVE 2510 WILL OPEN THE FOLLOWING BULLISH TARGET
2529
POTENTIALLY 2549
BEARISH TARGETS
2492
EMA5 CROSS AND LOCK BELOW 2492 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2465
2438
EMA5 CROSS AND LOCK BELOW 2438 WILL OPEN THE SWING RANGE
SWING RANGE
2416 - 2389
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
Tradinggold
DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
Previously after completing our target at 2464, we stated last week that we were heading towards our final target at 2521, due to body close and ema5 lock. This target was hit and completed perfectly!!!
We will now look for either a candle body close or ema5 lock above 2521 to confirm 2566. Failure to lock will follow with a rejection below to find support at the lower Goldturns.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months.
Previously after completing our final target on this chart at 2505, we stated that a crucial week was coming up, as we needed price to find support above the channel top to confirm play in this range and will need a correctional retest on the channel top for a continuation above.
- As you can see we got the correction just above the channel top near 2467 Goldturn support, which followed with a nice push up like we said. We now also have a candle body close above 2505 leaving a long term/range gap open to 2557.
However, if we see a rejection before the gap and a break back into the channel then we will use the levels within the channel to provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames keeping in mind the long range gap for the future..
Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD ROUTE MAP UPDATEHey Everyone,
A Piptastic week for us once again hitting all our targets in true level to level fashion !!!
Yesterday after completing the retracement range, we got the bounce and looked for the 2488 test, which was hit perfectly like we stated!!! This followed with a continuation hitting the remaining bullish targets once again and completing the last target at weighted level 2509.
We will now need to see ema5 lock above 2509 for a continuation or a failure to lock above this level will follow with a rejection.
BULLISH TARGET
2509 - DONE
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2519 - DONE
POTENTIALLY 2533
BEARISH TARGETS
2500 - DONE
EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2488 (DONE) - 2472 (DONE)
EMA5 CROSS AND LOCK BELOW 2472 WILL OPEN THE SWING RANGE
SWING RANGE
2458 - 2446
We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our levels were respected and provided the calibrated bounces inline with our plans to buy dips.
Yesterday we advised that we were now seeing a range being established between 2500 and 2519/2533 and will need to see ema5 cross and lock on either weighted support or resistance level to determine the next move.
- 2519 was hit and then no lock confirmed the rejection into 2500 and then a break of 2500 followed with the full retracement range test. The retracement level gave the bounce exactly like we shared and more than 40 pips.
We will now look for a 2488 re-test and a failure to cross and lock above this level will follow with a rejection into the retracement range again. A further cross and lock below the retracement range will open the swing range for the extended swing bounce.
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 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.
BULLISH TARGET
2509 - DONE
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2519 - DONE
POTENTIALLY 2533
BEARISH TARGETS
2500 - DONE
EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2488 (DONE) - 2472 (DONE)
EMA5 CROSS AND LOCK BELOW 2472 WILL OPEN THE SWING RANGE
SWING RANGE
2458 - 2446
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
Gold's Gonna Take a Dip Today, Watch Out!Gold has recently achieved a new high and is expected to experience a correction today, presenting a selling opportunity at the 2495-5494 . However, this downturn is anticipated to be short-lived, as a potential buying opportunity is forecasted to emerge tomorrow, capitalizing on the expected rebound.
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2509 Goldturn resistance and 2500, as Goldturn support.
We currently have a gap above on market open at 2509 and below at 2500 and will need 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 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 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.
BULLISH TARGET
2509
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2519
2533
BEARISH TARGETS
2500
EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2488 - 2472
EMA5 CROSS AND LOCK BELOW 2472 WILL OPEN THE SWING RANGE
SWING RANGE
2458 - 2446
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
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2510 Goldturn resistance and we have 2468, as Goldturn support.
We currently have a gap open above at 2510 and below at 2491/2468 and will need 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 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 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.
BULLISH TARGET
2510
EMA5 CROSS AND LOCK ABOVE 2510 WILL OPEN THE FOLLOWING BULLISH TARGET
2529
POTENTIALLY 2550
BEARISH TARGETS
2491
2468
EMA5 CROSS AND LOCK BELOW 2468 WILL OPEN THE FOLLOWING BEARISH TARGET
2436
EMA5 CROSS AND LOCK BELOW 2436 WILL OPEN THE SWING RANGE
SWING RANGE
2416 - 2389
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
DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
Last week we advised that a new Goldturn turn created a current ema5 cross and lock above 2405 opening 2464 again. Also keeping in mind the final gap we had open with candle body close above 2464 to 2521, which we shared, as a long range target for several weeks now.
- 2464 was hit perfectly last week and then currently we are seeing the breakout into the all time high and heading towards our final target at 2521. We are keeping this protected should we see any sharp corrections.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Another piptastic day on the charts with our trading idea playing out perfectly!!
After completing all the open targets yesterday, we advised that we were now looking for ema5 to lock above 2459 to open 2475 and failure to lock above this level will follow with a rejection to find support on the lower Goldturns.
- We got the cross and lock above 2459 opening 2475 with plenty of time and gap to get in for the action and BOOOOOM!!! This was hit perfectly respecting the Goldturn.
We will now look for ema5 to cross and lock above 2475 to open 2488 and potentially 2500 or failure to lock above this level will follow with a rejection into the lower Goldturn support levels for bounces.
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 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.
BULLISH TARGET
2434 - DONE
EMA5 CROSS AND LOCK ABOVE 2434 WILL OPEN THE FOLLOWING BULLISH TARGET
2446 - DONE
2459 - DONE
EMA5 CROSS AND LOCK ABOVE 2459 WILL OPEN THE FOLLOWING BULLISH TARGET
2475 - DONE
BEARISH TARGETS
2421
EMA5 CROSS AND LOCK BELOW 2421 WILL OPEN THE FOLLOWING BEARISH TARGET
2408
2396
EMA5 CROSS AND LOCK BELOW 2396 WILL OPEN THE SWING RANGE
SWING RANGE
2380 - 2360
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
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2438 Goldturn resistance and 2416, as Goldturn support.
We currently have a gap open above at 2438 and below at 2416 and will need 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 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 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.
BULLISH TARGET
2438
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2467
BEARISH TARGETS
2416
EMA5 CROSS AND LOCK BELOW 2416 WILL OPEN THE FOLLOWING BEARISH TARGET
2389
EMA5 CROSS AND LOCK BELOW 2389 WILL OPEN THE SWING RANGE
SWING RANGE
2369 - 2345
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
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2467 Goldturn resistance and 2438, as the Goldturn weighted support.
We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range.
We will need to see a test at 2467 and then ema5 to above 2467 to confirm the range above. We also have 2438, as the weighted support area and will need ema5 lock below this level to open 2416 and 2391 and a cross and lock below 2391 will open the swing range for the extended swing.
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
2467
EMA5 CROSS AND LOCK ABOVE 2467 WILL OPEN THE FOLLOWING BULLISH TARGET
2491
POTENTIALLY 2510
BEARISH TARGETS
2438
EMA5 CROSS AND LOCK BELOW 2438 WILL OPEN THE FOLLOWING BEARISH TARGETS
2416
2391
EMA5 CROSS AND LOCK BELOW 2391 WILL OPEN THE SWING RANGE
SWING RANGE
2369 - 2345
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
GOLD DAILY CHART UPDATE Hey Everyone,
Please see update on our daily chart structure that we have been tracking successfully for a while now..
Previously we had the cross and lock above 2355, leaving a gap open to 2405 and same with 2405 opening 2464, which were all completed and then followed with the rejection into the retracement range.
We the had 2355 retracement range providing support and the re-actional bounce, as analysed and we stated that we will either look for a ema5 lock below this level to open the range below or a failure to lock below this level will follow with the upper range tests again.
- This played out perfectly with no cross and lock below 2355 and therefore we got the perfect bounce re-testing all the targets above.
We now have 2464 test again and will need ema5 cross and lock to open the gap above. However, being the daily chart, we sometimes do not get the time to enter for the gap like the smaller timeframes, as the move gets done before the gap opens. Therefore, we can use a candle body close above 2464, as an earlier confirmation for the gap.
We have marked the charts with our unique weighted levels and will use them to track the movement up and down, confirmed with ema5 cross and lock confirmation.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP Hey Everyone,
Please see update on our weekly chart idea.
Previously we mentioned that although we have the final Axis target at 2505, we are expecting resistance and reaction here at 2434, at the channel top and will probably need a few attempts before cracking open the range above, which played out perfectly.
We then stated that we would need to see a candle body close above 2434 in the coming weeks/months to confirm this gap or an ema5 cross and lock for a double confirmation.
- We got the candle body close above 2434 now opening the 2505 gap and an ema5 cross will further confirm this.
The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames.
Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD ROUTE MAP UPDATEHey Everyone,
PIPTASTIC day on the charts today with our targets getting smashed in style!!!
We got the 2400 re-test after the bounce from 2376 support like we analysed. This followed with a ema5 cross and lock above 2400 opening 2423, which was hit perfectly and as stated before potentially 2438, currently left open. The potential targets are extended targets and ones that we don't chase unless from a dip.
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
2400 - DONE
EMA5 CROSS AND LOCK ABOVE 2400 WILL OPEN THE FOLLOWING BULLISH TARGET
2423 - DONE
POTENTIALLY 2438
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2459
POTEITNALLY 2475
BEARISH TARGETS
2376 - DONE
EMA5 CROSS AND LOCK BELOW 2376 WILL OPEN THE FOLLOWING BEARISH TARGET
2360
2344
EMA5 CROSS AND LOCK BELOW 2344 WILL OPEN THE SWING RANGE
SWING RANGE
2313- 2298
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
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the charts today with our chart idea playing out inline with our plans to buy dips.
After hitting our 2400 target yesterday with no cross and lock; we got the rejection into 2376 weighted support. We then stated that we needed to see ema5 cross and lock below 2376 to open the range below or a rejection here will follow with a retest back upto 2400.
- This is playing out perfectly, as we got the test and rejection on 2376. This gave us the perfect bounce of over 200 pips and still heading towards 2400, which just fell short.
We will continue to see play between both these two weighted levels and will look for ema5 to cross and lock either level to confirm 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 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
2400 - DONE
EMA5 CROSS AND LOCK ABOVE 2400 WILL OPEN THE FOLLOWING BULLISH TARGET
2423
POTENTIALLY 2438
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2459
POTEITNALLY 2475
BEARISH TARGETS
2376 - DONE
EMA5 CROSS AND LOCK BELOW 2376 WILL OPEN THE FOLLOWING BEARISH TARGET
2360
2344
EMA5 CROSS AND LOCK BELOW 2344 WILL OPEN THE SWING RANGE
SWING RANGE
2313- 2298
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
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2400 Goldturn resistance and 2376, as Goldturn support.
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 have 2400 open gap and will need ema5 to lock above 2400 to confirm the range above. We also have 2376, as the weighted support area and will need ema5 lock below this level to open 2360, 2344 and a cross and lock below 2344 will open the swing range for the extended swing.
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
2400
EMA5 CROSS AND LOCK ABOVE 2400 WILL OPEN THE FOLLOWING BULLISH TARGET
2423
POTENTIALLY 2438
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2459
POTEITNALLY 2475
BEARISH TARGETS
2376
EMA5 CROSS AND LOCK BELOW 2376 WILL OPEN THE FOLLOWING BEARISH TARGET
2360
2344
EMA5 CROSS AND LOCK BELOW 2344 WILL OPEN THE SWING RANGE
SWING RANGE
2313- 2298
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
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price between two weighted levels. We have 2428 Goldturn resistance and 2382, as Goldturn support. We also have 2406 as an open gap that will need a candle body close to open 2428.
We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range.
We will need ema5 to above 2428 to confirm the range above. We also have 2382, as the weighted support area and will need ema5 lock below this level to open 2360 and a cross and lock below 2360 will open the swing range for the extended swing.
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
2406
2428
EMA5 CROSS AND LOCK ABOVE 2428 WILL OPEN THE FOLLOWING BULLISH TARGET
2450
EMA5 CROSS AND LOCK ABOVE 2450 WILL OPEN THE FOLLOWING BULLISH TARGET
2467
2481
POTENTIALLY 2495
BEARISH TARGETS
2382
EMA5 CROSS AND LOCK BELOW 2382 WILL OPEN THE FOLLOWING BEARISH TARGET
2360
EMA5 CROSS AND LOCK BELOW 2360 WILL OPEN THE SWING RANGE
SWING RANGE
2330 - 2303
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
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 between two weighted levels. We have 2421 Goldturn resistance and 2380, as Goldturn support.
We will see levels within this range tested side by side until one of the weighted levels break to confirm direction for the next range.
We have 2421 open gap and will need ema5 to lock above 2421 to confirm the range above. We also have 2380, as the weighted support area and will need ema5 lock below this level to open 2359 and a cross and lock below 2359 will open the swing range for the extended swing.
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
2421
EMA5 CROSS AND LOCK ABOVE 2421 WILL OPEN THE FOLLOWING BULLISH TARGET
2438
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2458
BEARISH TARGETS
2380
EMA5 CROSS AND LOCK BELOW 2380 WILL OPEN THE FOLLOWING BEARISH TARGET
2359
EMA5 CROSS AND LOCK BELOW 2359 WILL OPEN THE SWING RANGE
SWING RANGE
2331 - 2317
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
GOLD DAILY CHART UPDATE Hey Everyone,
Please see update on our daily chart structure that we have been tracking successfully for a while now..
On our last two updates we had the cross and lock above 2355 leaving a gap open to 2405 and then same with 2405 opening 2464.
- Both gaps were hit and completed , as analysed.
We now have a candle body close gap above 2464 leaving a long range/term gap to 2521 and will need EMA5 lock above 2464 to further confirm this. Failure to lock now with ema5 confirmed the rejection we are seeing now
We have marked the charts with our unique weighted levels and will use them to track the movement up and down, confirmed with ema5 cross and lock confirmation.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP Hey Everyone,
Please see update on our weekly chart idea.
Last week we 2434 was hit perfectly completing this range target and channel top.
Although we have the final Axis target at 2505, we are expecting resistance and reaction here at the channel top and will probably need a few attempts before cracking open the range above.
We would need to see a candle body close above 2434 this coming week to confirm this gap or an ema5 cross and lock for a double confirmation.
The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames.
Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 4H chart idea that we shared on Sunday.
Our 4h chart started with price between two weighted levels. We had 2416 Goldturn resistance and 2397, as Goldturn support.
The weighted support level held with no cross and lock below 2397 confirming the rejection for the bounce into 2416 followed with 2425 and 2437, which were both hit perfectly. We then had 2449 and 2460 to complete the range.
We are now looking for ema5 to cross and lock above 2467 to open the range above. Failure to lock above will see rejection into the lower Goldturns to find support and then track level to level once again.
We will see levels within this range tested side by side until one of the weighted levels break 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 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
2416 - DONE
EMA5 CROSS AND LOCK ABOVE 2416 WILL OPEN THE FOLLOWING BULLISH TARGET
2425 - DONE
2437 - DONE
EMA5 CROSS AND LOCK ABOVE 2437 WILL OPEN THE FOLLOWING BULLISH TARGET
2449 - DONE
2460 - DONE
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
GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our weekly chart idea.
Sunday we stated we had a gap remaining at 2434 but just needed to keep in mind the conflicting resistance with the channel top.
- 2434 was hit perfectly completing this target.
We now have the final Axis target at 2505 and if momentum allows this week; we may just see this complete without confirmation. However, the ideal confirmation would need to be with a candle body close above 2434 this week to confirm this gap or ema5 cross and lock for a double confirmation.
The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX