GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK AHEAD

7 apr

Hey Everyone,

Please see our updated 4h chart levels and targets for the coming week.

We are seeing price challenge and break 2326 resistance with a body close gap opening to 2348. However, we have a detachment below at 2311 and will need ema5 to lock above 2326 to confirm and solidify the targets above.

We have a retracement range between 2293 - 2274 and a break and lock below 2274 will open the swing range and a further break and lock below the swing range will see the Goldturns tested below.

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
2348

EMA5 CROSS AND LOCK ABOVE 2326 WILL OPEN THE FOLLOWING BULLISH TARGETS
2348
2367

BEARISH TARGETS
2311
2293
2274

EMA5 CROSS AND LOCK BELOW 2274 WILL OPEN THE SWING RANGE

SWING RANGE
2242 - 2218

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