GOLD ROUTE MAP UPDATEHey Everyone,
A fantastic start to the week with our chart idea playing out perfectly inline with our trading plans.
We started the day with our Bullish target 3090 hit, followed with 3103 and then cross and lock confirmation to complete 3117. We also got the cross and lock above 3117 to open 3128 and just fell short of a pip. We will keep this full gap in mind, as we continue with our plans to buy dips
Rejection at this level will see lower Goldlturns tested and likely continue to see bounces on the weighted Goldturn levels, which we can use inline with our plans to buy dips.
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
3090 - DONE
EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET
3103 - DONE
EMA5 CROSS AND LOCK ABOVE 3103 WILL OPEN THE FOLLOWING BULLISH TARGET
3117 - DONE
EMA5 CROSS AND LOCK ABOVE 3117 WILL OPEN THE FOLLOWING BULLISH TARGET
3128
BEARISH TARGETS
3074
EMA5 CROSS AND LOCK BELOW 3074 WILL OPEN THE FOLLOWING BEARISH TARGET
3055
EMA5 CROSS AND LOCK BELOW 3055 WILL OPEN THE FOLLOWING BEARISH TARGET
3039
EMA5 CROSS AND LOCK BELOW 3039 WILL OPEN THE FOLLOWING BEARISH TARGET
3020
EMA5 CROSS AND LOCK BELOW 3020 WILL OPEN THE SWING RANGE
SWING RANGE
2999 - 2985
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
