GOLD ROUTE MAP UPDATE

7 214
Hey Everyone,

Another great day on the markets today, allowing us to bounce between the Goldturns, inline with our plans to buy dips. Not much to report as we are seeing Gold range sideways consolidating ready for a breakout.

We still have the gap left open at 2999, which fell short by a few pips. We will continue to use the lower Goldturns to buy dips until we see the weighted levels cross and lock to confirm the next range. Failure to break 3032 will keep seeing rejections into the lower Goldturns for the bounces.

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
3032 - DONE

EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET
3050

EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET
3065

EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET
3080

EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET
3097

BEARISH TARGETS
3015 - DONE

EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET
2999

EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET
2978

EMA5 CROSS AND LOCK BELOW 2978 WILL OPEN THE SWING RANGE

SWING RANGE
2950 - 2927

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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