GOLD ROUTE MAP UPDATE

4 giorni fa

Hey Everyone,

Ano0ther great day on the charts with our plans to buy dips playing out perfectly from our weighted levels.

Yesterday after completing the retracement range we got the lock below 2657 opening the swing range and completed the first level of the swing range. Today the full swing range was completed and gave the weighted bounce of more than 40 pips, inline with our plans to buy dips.

We are now patiently waiting for the full swing into 2657 but out of all positions, as we are keeping in mind the break below the swing range that may open the range below into 2598.
We will now also move onto our 4h chart idea shared Sunday to track the range below if needed for the 4h chart 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
2728

EMA5 CROSS AND LOCK ABOVE 2728 WILL OPEN THE FOLLOWING BULLISH TARGET
2743
POTENTIALLY 2759

EMA5 CROSS AND LOCK ABOVE 2759 WILL OPEN THE FOLLOWING BULLISH TARGET
2772
POTENTIALLY 2787

BEARISH TARGETS
2703 - DONE

EMA5 CROSS AND LOCK BELOW 2703 WILL OPEN THE FOLLOWING BEARISH TARGET
2684 - DONE

EMA5 CROSS AND LOCK BELOW 2684 WILL OPEN THE FOLLOWING BEARISH TARGET
2657 - DONE

EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE SWING RANGE

SWING RANGE
2638 (DONE) - 2620 (DONE)

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