GOLD ROUTE MAP & TRADING PLAN UPDATE
Hey Everyone,
A piptastic finish to the week for us hitting all our Bullish targets!!!
We the saw price drop down for a correction clearing all our bearish targets and yet respecting our weighted level supports for 30 to 40 pip bounce as suggested all week.
Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as highlighted by us on the chart.
We then stated we will likely see play between 2015 - 2032 until one locks with ema5. We will need to see a break above 2032 with ema5 to see the range above open up again or a break below 2015 for the range below.
EMA5 failed to close above 2032 confirming the rejection and giving us our perfect exits from buying dips. Ema5 then broken below the swing range opening the lower range, which we are seeing now just short of 1989. True level to level tracking and trading!!!
BULLISH TARGETS
2078 - DONE
EMA5 CROSS AND LOCK ABOVE 2078 WILL OPEN THE FOLLOWING BULLISH TARGET
2091 - DONE
2104 - DONE
BEARISH TARGETS
2067 - DONE
2045 - DONE
EMA5 CROSS AND LOCK BELOW 2045 WILL OPEN THE SWING RANGE
SWING RANGE
2015 - 2010 - DONE
We will now come back Sunday with our multi timeframe analysis, gold route map and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
A piptastic finish to the week for us hitting all our Bullish targets!!!
We the saw price drop down for a correction clearing all our bearish targets and yet respecting our weighted level supports for 30 to 40 pip bounce as suggested all week.
Our swing range weighted level did exactly what it says on the tin, with the perfect swing to 2032, as highlighted by us on the chart.
We then stated we will likely see play between 2015 - 2032 until one locks with ema5. We will need to see a break above 2032 with ema5 to see the range above open up again or a break below 2015 for the range below.
EMA5 failed to close above 2032 confirming the rejection and giving us our perfect exits from buying dips. Ema5 then broken below the swing range opening the lower range, which we are seeing now just short of 1989. True level to level tracking and trading!!!
BULLISH TARGETS
2078 - DONE
EMA5 CROSS AND LOCK ABOVE 2078 WILL OPEN THE FOLLOWING BULLISH TARGET
2091 - DONE
2104 - DONE
BEARISH TARGETS
2067 - DONE
2045 - DONE
EMA5 CROSS AND LOCK BELOW 2045 WILL OPEN THE SWING RANGE
SWING RANGE
2015 - 2010 - DONE
We will now come back Sunday with our multi timeframe analysis, gold route map and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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