GOLD ROUTE MAP UPDATE

7016
Hey Everyone,

A super PIPTASTIC start to the week!! Our chart idea is playing gout perfectly with cross an lock confirmations giving us plenty of time to get in for the action.

We started with our Bullish target 2872 hit followed with ema5 cross and lock opening 2885 and 2898, which was hit perfectly. We then had ema5 lock open above 2898 opening 2911 and if momentum allowed 2923. We got the 2911 for the perfect finish on the nose at 2911 with exhaustion of momentum and therefore no 2923.

A further candle body or ema5 lock above 2911 will further confirm the final run at 2923 on this chart. If 2898 AND 2885 Goldturns provide support now, we may get the momentum for the 2923 test sooner rather then later.

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
2872 - DONE

EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET
2885 - DONE
2898 - DONE

EMA5 CROSS AND LOCK ABOVE 2898 WILL OPEN THE FOLLOWING BULLISH TARGET
2911 - DONE
2923

BEARISH TARGETS
2851

EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE RETRACEMENT RANGE
2836 - 2819

EMA5 CROSS AND LOCK BELOW 2819 WILL OPEN THE SWING RANGE

SWING RANGE
2807 - 2794

SECONDARY SWING RANGE
2782 - 2764

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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