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

30 juniHey Everyone,

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

We are seeing price between two weighted level range. We have 2332 and 2339 Goldturn resistance levels and 2321 and 2312 as Goldturn support levels with 2339 as weighted resistance and 2312 as 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 have 2332 open gap and will need ema5 to lock above 2339 to confirm the range above. We also have 2321 and 2312 as the retracement area and will need ema5 lock below this to open the swing 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
2332
2339

EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2349
POTENTIALLY 2354

EMA5 CROSS AND LOCK ABOVE 2354 WILL OPEN THE FOLLOWING BULLISH TARGET
2364

BEARISH TARGETS
2321
2312

EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE

SWING RANGE
2306 - 2298

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