GOLD ROUTE MAP UPDATE

Hey Everyone,

Once again our chart levels are being respected and playing out, as analysed in true level to level fashion.

After completing all our Bullish targets 2993, 3011 and 3029, all confirmed with cross and lock, we then confirmed a lock above 3029 opening 3049 yesterday. We got the nice move up but just short of the full gap, which then followed with a rejection into the lower Goldturn for the bounce, giving us plenty of opportunities to milk the bounces just like we stated.

We still have the gap remaining open and we are seeing price play between two weighted levels. We will now look for either level to be tested and broken with cross and lock to confirm the next range.

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
2993 - DONE

EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET
3011 - DONE

EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET
3029 - DONE

EMA5 CROSS AND LOCK ABOVE 3029 WILL OPEN THE FOLLOWING BULLISH TARGET
3049

EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET
3068

BEARISH TARGETS
2968

EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET
2942

EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET
2922

EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE

SWING RANGE
2906 - 2886

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

Goldviewfx

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