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 in a new rage but just like last time we were able to generate accurate levels to use for the coming week.
We are seeing price between two weighted levels. We have 2674 Goldturn resistance and 2650, as Goldturn support.
We currently have a gap above on market open at 2674 and below at 2650 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
2674
EMA5 CROSS AND LOCK ABOVE 2674 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
POTENTIALLY 2716
BEARISH TARGETS
2650
EMA5 CROSS AND LOCK BELOW 2650 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2620
EMA5 CROSS AND LOCK BELOW 2620 WILL OPEN THE SWING RANGE
SWING RANGE
2588 - 2558
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
GOLD DAILY CHART ROUTE MAP UPDATEHey Everyone,
After completing our 1h and 4h chart earlier this week, we now finish off with our daily candle chart update.
After completing all the previous gaps 2566 and 2608, we stated that we now had a candle body close above 2608 leaving 2650 open and ema5 would further confirm this. We also stated that the higher timeframes may not have room for ema5 lock, so a candle body close is also suffice.
- This played out perfectly, as the candle body close was enough for the confirmation and we had the 2650 gap completed this week. We now have a candle body close above 2650 leaving 2695 open and once again, ema5 would further confirm this.
We are currently seeing the detachment to ema5 happening for the daily chart correction.
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.
We will now come back Sunday with our updated 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 4H ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the charts with our analysis playing out.
Yesterday Ema5 cross and lock above 2626 opened 2645 and 2664, which were completed perfectly!! We were then looking for a cross and lock above 2664 to open 2682 and if momentum allowed then 2699.
2682 was hit but volatile candle didn't give us enough time for the lock. However, the candle body close gave us enough time for the confirmation before the hit completing the target. The extended target to 2699 remains open that's why we call it the potential target when completing a range for the final trail stretch.
We are now seeing wick rejection at 2682 back down to 2664. If EMA5 fails to cross below 2664 and this level holds, as support, then we are likely to see another 2682 retest and our final stretch at 2699.
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
2626 - DONE
EMA5 CROSS AND LOCK ABOVE 2626 WILL OPEN THE FOLLOWING BULLISH TARGET
2645 - DONE
POTENTIALLY 2664 - DONE
EMA5 CROSS AND LOCK ABOVE 2664 WILL OPEN THE FOLLOWING BULLISH TARGET
2682 - DONE
POTENTIALLY 2699
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 PITASTIC day on the chart with our chart idea playing out perfectly once again.
After completing our Bullish target at 2631 yesterday we stated that we were now looking for ema5 cross and lock above 2631 to open the range above.
We got the cross and lock above 2631 opening 2644 and if momentum allows potentially 2658. 2644 was hit perfectly completing this target!!! A candle body close or cross and lock will further confirm the potential target aswell.
We are happy with 2644, as our target in this range and now observing for the rest of today.
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
2631 - DONE
EMA5 CROSS AND LOCK ABOVE 2631 WILL OPEN THE FOLLOWING BULLISH TARGET
2644 - DONE
POTENTIALLY 2658
BEARISH TARGETS
2618 - DONE
EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2603 - 2588
EMA5 CROSS AND LOCK BELOW 2588 WILL OPEN THE SWING RANGE
SWING RANGE
2575 - 2558
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,
Great start to the week with both our Bearish target 2618 and Bullish target 2631 hit, just like we said.
No cross and lock below 2618 gave the rejection bounce twice into 2631. We will now look for ema5 cross and lock above 2631 to open the range above. Failure to lock above 2631, will follow with a rejection back to 2618
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
2631 - DONE
EMA5 CROSS AND LOCK ABOVE 2631 WILL OPEN THE FOLLOWING BULLISH TARGET
2644
POTENTIALLY 2658
BEARISH TARGETS
2618 - DONE
EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2603 - 2588
EMA5 CROSS AND LOCK BELOW 2588 WILL OPEN THE SWING RANGE
SWING RANGE
2575 - 2558
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 in a new rage but just like last time we were able to generate accurate levels to use for the coming week.
We are seeing price between two weighted levels. We have 2631 Goldturn resistance and 2618, as Goldturn support.
We currently have a gap above on market open at 2631 and below at 2618 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
2631
EMA5 CROSS AND LOCK ABOVE 2631 WILL OPEN THE FOLLOWING BULLISH TARGET
2644
POTENTIALLY 2658
BEARISH TARGETS
2618
EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2603 - 2588
EMA5 CROSS AND LOCK BELOW 2558 WILL OPEN THE SWING RANGE
SWING RANGE
2575 - 2558
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 MID/LONG TERM CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
Previously the candle body close above 2521 opened 2566, which was hit perfectly. We then hade a candle body close above 2566 leaving a long term gap to 2608 and we also stated that if we get a ema5 lock then this will further strengthen the gap.
Usually the higher timeframes may not have room for ema5 lock so a candle body close is also suffice. On this occasion last week we got both the body close and ema5 lock and then our target was complete perfectly allowing us plenty of time to get in for the action after confirmation.
We now have a candle body close above 2608 leaving a longer range/term target open at 2650 and, as usual ema5 cross and lock will further confirm this.
We have to also keep in mind that we have a support range between 2566 - 2521 for longer range support areas to buy strategic dips, should the corrections take place before completing gaps above.
We will use 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
WEEKLY CHART MID/LONG TERM CHART UPDATEHey Everyone,
Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months and now finally complete.
After completing all the previous targets and highlighted correctional areas from detachments, last week we stated that we now have a candle body close above 2557 leaving a long term Axis gap target to 2603, which we had shared on this chart number of weeks back.
We also stated that the new weekly candle will have a detachment below for a correction, which will show up when market opens.
- This played out perfectly, we got the drop into the correctional area highlighted with the circle on the chart and then the bounce giving our target at 2603 axis a Perfect finish - BOOOOM!!!
This weekly chart idea is now complete after tracking and trading this for several months. We will now update a new weekly chart plan and idea next week for the months ahead.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
After completing our last monthly chart long term/range chart idea, we never had a chance to update a new long term plan and so here you go!!!
2499 candle body close left a gap open last month to 2589. This gap was hit perfectly this month at 2589. We are now seeing play above 2589 but will need the month candle to close above this level to open 2702 AXIS target.
Failure to close above this level this month will see a rejection into the channel top for a bounce and a further close below the channel top or 2499 will see a further drop into the channel half line for the next correctional test and bounce.
Each of the lower Goldturn levels below are likely to give re-actional bounces using our shorter time frame idea.
2825 is our final long range/term target on this chart idea and we will look to continue to buy dips using our smaller timeframe ideas rather then chasing the bull form the top.
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,
And another PIPTASTIC finish to the week, completing all our Bullish targets!!
After completing the first round of targets yesterday, we stated that we will now look for ema5 cross and lock above 2591 to open 2603 and 2615.
We got the lock above 2591 and then followed with the perfect hit on 2603 and 2615 completing the targets to perfection.
BULLISH TARGET
2581 - DONE
EMA5 CROSS AND LOCK ABOVE 2581 WILL OPEN THE FOLLOWING BULLISH TARGET
2591 - DONE
EMA5 CROSS AND LOCK ABOVE 2591 WILL OPEN THE FOLLOWING BULLISH TARGET
2603 - DONE
POTENTIALLY 2615 - DONE
BEARISH TARGETS
2567 - DONE
EMA5 CROSS AND LOCK BELOW 2567 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2554 (DONE) - 2538
We will now come back Sunday with our updated 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,
What can I say.....Another PIPTASTIC day on the charts today!!
We got the break below 2567 opening the retracement range, which gave the perfect bounce into the upper Goldturns 2581 and then 2591, completing our open Bullish target that we highlighted earlier this week. - BOOOOOM!!
We will now look for ema5 cross and lock above 2591 to open the range above or failure to lock will follow with a rejection into the lower Goldturns for support and bounce on the weighted levels.
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
2581 - DONE
EMA5 CROSS AND LOCK ABOVE 2581 WILL OPEN THE FOLLOWING BULLISH TARGET
2591 - DONE
EMA5 CROSS AND LOCK ABOVE 2591 WILL OPEN THE FOLLOWING BULLISH TARGET
2603
POTENTIALLY 2615
BEARISH TARGETS
2567 - DONE
EMA5 CROSS AND LOCK BELOW 2567 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2554 (DONE) - 2538
EMA5 CROSS AND LOCK BELOW 2538 WILL OPEN THE SWING RANGE
SWING RANGE
2516 - 2506
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 2590 Goldturn resistance and we have 2564, as Goldturn support.
We currently have a gap open above at 2590 and below at 2564 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
2590
EMA5 CROSS AND LOCK ABOVE 2590 WILL OPEN THE FOLLOWING BULLISH TARGET
2608
POTENTIALLY 2626
BEARISH TARGETS
2564
EMA5 CROSS AND LOCK BELOW 2564 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2545 - 2517
EMA5 CROSS AND LOCK BELOW 2517 WILL OPEN THE SWING RANGE
SWING RANGE
2493 - 2468
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 Trading: Thursday 12 Sept: Ideas, Trades!
Hello Traders,
I see that the Gold-price is currently getting bid up at the moment. Sometimes I wonder when I see this if its to protect the price a bit before it falls off a cliff.
But we will see what impact the USDX tries to make. Yesterday we did not see it rally as much, yet the Vix Index did rally.
That only aided the Short trade idea that I shared with you. Then some of us got Long in Gold as the Vix index cooled-down and buying demand was seen coming back in.
The Gold-price for over 24 hours can be seen in the intraday charts to be moving in a triangle & room is running out and getting smaller, which for mind will probably cause some volatility.
Speaking of volatility, the main economic news for the USA today Thursday are PPI & continuous jobless claims.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the chart today with our 4H chart also playing out perfectly. We got our 1H chart 2506 target hit yesterday and now today we got our 4H chart target at 2517 hit perfectly with precision.
We are seeing price between two weighted levels. We have 2517 Goldturn resistance and we have 2493, as Goldturn support.
Both 2493 bearish and 2517 Bullish targets complete. We will now need to see ema5 cross and
lock either level to determine 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
2517 - DONE
EMA5 CROSS AND LOCK ABOVE 2517 WILL OPEN THE FOLLOWING BULLISH TARGET
2536
POTENTIALLY 2550
BEARISH TARGETS
2493 - DONE
EMA5 CROSS AND LOCK BELOW 2493 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2468
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
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out inline with our plans to buy dips.
We were seeing price between two weighted levels and had 2506 Goldturn resistance target and 2495, as Goldturn support target.
2495 support target was hit and now we are seeing price bounce off the retracement range to head towards 2506 bullish target.
We need to keep note that ema5 has locked and left a gap below at 2482 and just fell short of completing this gap.
We will continue with our plans to buy dips and keep note of any unfilled gaps below, which helps us plan to buy dips accordingly.
However, as always each of our weighted levels gave the 30 to 40 pip bounces, as analysed and played out perfectly!
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
2506
EMA5 CROSS AND LOCK ABOVE 2506 WILL OPEN THE FOLLOWING BULLISH TARGET
2523
EMA5 CROSS AND LOCK ABOVE 2523 WILL OPEN THE FOLLOWING BULLISH TARGET
2535
POTENTIALLY 2547
BEARISH TARGETS
2495 - DONE
EMA5 CROSS AND LOCK BELOW 2495 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2482
EMA5 CROSS AND LOCK BELOW 2482 WILL OPEN THE SWING RANGE
SWING RANGE
2472 - 2461
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 MARKET UPDATEHey Everyone,
A fantastic finish to the week with our final target completed today!!
Yesterday after completing 2509; we had a cross and lock opening 2524 and it fell short by a few pips, which we highlighted on the chart yesterday with a circle.
- And BOOOOOM!!! TODAY WE HIT OUR 2524 TARGET!!!
There wasn't enough momentum for the extended 2535, which is why we always call that a "potential" if momentum allows.
BULLISH TARGET
2509 - DONE
EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET
2524 - DONE
2535 - POTENTIAL
BEARISH TARGETS
2498 - DONE
EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484 - DONE
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 (DONE) - 2461
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 1H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 1H chart idea, which has been playing out level to level.
Yesterday on our 4H chart update we stated that our 1H chart had a lock below opening the lower range. This was the 2498 bearish target, which was hit and followed with a cross and lock opening the retracement range 2484. This was also hit perfectly and gave the perfect bounce, as part of our plans to buy dips from the weighted levels.
We currently still have a gap above at 2509 and will only target this if the lower weighted levels are rejected with no further locks. Otherwise we are happy to track the movement down and catch the buys from the weighted level bounces. We will also keep in mind that a cross and lock below the retracement range will open the swing range for the extended bounce.
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
2524
2535
BEARISH TARGETS
2498 - DONE
EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484 - DONE
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 - 2461
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 UPDATEHey Everyone,
Great start to the week with our 4H chart idea playing out inline with our plans to buy dips.
Price is still playing between two weighted levels. We had the support target at 2492 hit and complete perfectly with no cross and lock below the level confirming the rejection and providing the bounce.
We currently have a gap open above at 2519 and will need ema5 cross and lock above 2519 to open the range above or a failure to test and break 2519 will see a re-test at 2492 and a further cross and lock below 2492 will open the range below.
We need to also keep in mind the 1H chart has an open gap below from ema5 lock and further movement down is possible but we also need to keep in mind the US holiday today will skew that data and will need tomorrows data to assess the 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
2519
EMA5 CROSS AND LOCK ABOVE 2519 WILL OPEN THE FOLLOWING BULLISH TARGET
2536
POTENTIALLY 2550
BEARISH TARGETS
2492 - DONE
EMA5 CROSS AND LOCK BELOW 2492 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2468
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
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 2498, as Goldturn support.
We currently have a gap above on market open at 2509 and below at 2498 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
2524
2535
BEARISH TARGETS
2498
EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 - 2461
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 2510 Goldturn resistance and we have 2492, as Goldturn support.
We currently have a gap open above at 2519 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
2519
EMA5 CROSS AND LOCK ABOVE 2519 WILL OPEN THE FOLLOWING BULLISH TARGET
2536
POTENTIALLY 2550
BEARISH TARGETS
2492
EMA5 CROSS AND LOCK BELOW 2492 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2468
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
DAILY CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
After hitting and completing our final target at 2521 multiple times last week, we stated that we will now look for either a candle body close or ema5 lock above 2521 to confirm 2566.
We have the candle body close above 2521 for the gap to 2566. Ema5 lock would further confirm and strengthen this gap.
We have to also keep in mind that we have a support range below at 2464 - 2405 for longer range support areas to buy strategic dips if the corrections take place before completing gaps above.
We will use 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 MARKET UPDATEHey Everyone,
Great finish to the week with all our charts playing out as analysed.
This is the 4H chart we have been tracking and trading since last Sunday and perfectly inline with our plans to buy dips.
We were seeing price play between two weighted levels. 2514 Goldturn resistance and 2492, as Goldturn support.
2492 provided support all week with no cross and lock and 2514 was hit perfectly followed with ema5 cross and lock opening 2529 and potentially 2549 if momentum allowed, that's why we say "potential" for extended targets, which can be strengthened with ema5 lock.
- 2529 was hit perfectly completing our Bullish targets and nor further ema54 lock above 2529 confirming the rejection
BULLISH TARGET
2514 - DONE
EMA5 CROSS AND LOCK ABOVE 2510 WILL OPEN THE FOLLOWING BULLISH TARGET
2529- DONE
POTENTIALLY 2549
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,
Great start to the week with our chart idea playing out inline with our plans to buy dips.
We got our 2513 gap target hit, which followed with a ema5 cross and lock above 2513 opening 2525 and if momentum allowed then potential to 2535.
We got the perfect hit at 2525 and a candle body close now leaves a gap to 2535 but ema5 lock will further confirm this.
Failure to cross and lock above 2525 will follow with a rejection into the weighted Goldturn support levels, otherwise re- attempts will be made to complete the range into 2535..
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
2513 - DONE
EMA5 CROSS AND LOCK ABOVE 2513 WILL OPEN THE FOLLOWING BULLISH TARGET
2525 - DONE
2535
BEARISH TARGETS
2500
EMA5 CROSS AND LOCK BELOW 2500 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2484
EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE
SWING RANGE
2472 - 2461
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