GOLD 4H CHART ROUTE MAP UPDATE

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Hey Everyone,

Please see our 4H chart update, following on from our 1h chart update. Once again, no surprise with our levels playing out to perfection!!

We started the week with both our Bearish 3242 and Bullish 3301 targets hit. This followed with a ema5 cross and lock above 3301 to confirm a continuation into 3370. We got the push up, over 600 pips but just short of the full gap to 3370.

We are now seeing playing between 3301 and 3370, keeping in mind the full gap to 3370 remains open, as long as ema5 remains above 3301.

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 20 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.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
3301 - DONE

EMA5 CROSS AND LOCK ABOVE 3301 WILL OPEN THE FOLLOWING BULLISH TARGETS
3370

EMA5 CROSS AND LOCK ABOVE 3370 WILL OPEN THE FOLLOWING BULLISH TARGET
3429

EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET
3499

BEARISH TARGETS
3242 - DONE

EMA5 CROSS AND LOCK BELOW 3242 WILL OPEN THE FOLLOWING BEARISH TARGET
3171

EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SWING RANGE
3089
3171

EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE
3089
3001

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

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