GOLD ROUTE MAP UPDATE
Hey Everyone,
Another great day on the chart today allowing us to buy dips inline with our plans.
We are seeing a repeat of yesterday with price finding support at the retracement range and giving multiple bounces on this weighted level allowing us to buy dips.
As stated yesterday; we will now look for support above here for e re-test at 2633 or a cross and lock below 2611 retracement range will open the swing 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
2655 - DONE
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2674
BEARISH TARGETS
2633 - DONE
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2611 - DONE
EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE
SWING RANGE
2586 - 2558
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
Another great day on the chart today allowing us to buy dips inline with our plans.
We are seeing a repeat of yesterday with price finding support at the retracement range and giving multiple bounces on this weighted level allowing us to buy dips.
As stated yesterday; we will now look for support above here for e re-test at 2633 or a cross and lock below 2611 retracement range will open the swing 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
2655 - DONE
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2674
BEARISH TARGETS
2633 - DONE
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2611 - DONE
EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE
SWING RANGE
2586 - 2558
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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