GOLD ROUTE MAP UPDATE

Hey Everyone,

Another great day on the charts today with our analysis playing out perfectly inline with our plans.

After completing 2717 and 2737 bullish targets yesterday, we stated that we will now look for ema5 to lock above 2737 for a continuation into 2753. We got the lock confirmation giving us plenty of time to get in for the action and then BOOOOM!!! 2753 was hit completing this target.

We now have a break above 2753 leaving 2768 open. However, we will not chase this from the top due to potential corrections and as always safer for us to buy from dips using our Goldturn support 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
2717 - DONE

EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET
2737 - DONE

EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET
2753 - DONE

EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2768

EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET
2786

BEARISH TARGETS
2696 - DONE

EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET
2675

EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2661 - 2647

EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE

SWING RANGE
2632 - 2618

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