GOLD ROUTE MAP UPDATE

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Hey Everyone,

Great finish to the week, after completing both our Bullish and Bearish target yesterday, we then finished off with our retracement range gaps.

We also stated that we will look for a cross and lock below this level to open the swing range or failure to lock, will see support and bounce on this level.

This played out perfectly with no lock confirming the rejection and then the bounce allowing us to buy the dip. We are now seeing the level retested again and respecting it perfectly for another bounce.

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
3343 - DONE

BEARISH TARGETS
3282 - DONE

EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3224 - DONE

EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGE

SWING RANGE
3190 - 3138

We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.

Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX

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