GOLD ROUTE MAP UPDATE

2 802
Hey Everyone,

Once again a great day on the market today with our chart idea playing out, as analysed. This chart idea is now fully complete with our final target being completed today.

Yesterday after completing 3324 we stated that we needed ema5 lock above 3324 to open 3352. We got the cross and lock above 3324 to open 3352, which was hit perfectly completing this target and this chart idea.

We now expect a rejection on this zone and then we can continue to catch bounces from the lower Goldturns.

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.

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

BULLISH TARGET
3261 - DONE

EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET
3292 - DONE

EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET
3324 - DONE

EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET
3352 - DONE

BEARISH TARGETS
3230 - DONE

EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET
3201 - DONE

EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE RETRACEMENT RANGE
3179
3152

EMA5 CROSS AND LOCK BELOW 3152 WILL OPEN THE SWING RANGE
3120
3094

EMA5 CROSS AND LOCK BELOW 3094 WILL OPEN THE SECONDARY SWING RANGE

SECONDARY SWING RANGE
3069 - 3038

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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