GOLD ROUTE MAP UPDATE

4732
Hey Everyone,

Once again our levels were respected allowing us to buy dips inline with our plans.

After completing a nice bull run yesterday we got a break above 2757 opening the range above, which gave over 90 pips and just fell short of the gap that remains on our radar.

We saw a rejection onto our weighted level below 2746, which gave a clean bounce like we always state on our charts ideas.

We are now seeing price play into the retracement range, where we expect a reaction for support. A break below the retracement range will open the swing range. Failure to break will see price retest the Goldturns above once again.

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
2778

EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET
2787

EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET
2797

EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET
2808

BEARISH TARGETS
2768 - DONE

EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET
2757 - DONE

EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET
2746 - DONE

EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET
2732 - DONE

EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWIG RAGE

SWING RANGE
2707 - 2697

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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