GOLD 4H CHART ROUTE MAP UPDATE

Hey Everyone,


Following on from yesterdays update, after clearing 2867, 2894 and 2924, we had no further cross and lock confirming the rejection for the move down into the lower Goldturns.

We then stated that the lower Goldturns are providing support for the bounce and establishing a range between 2867 and 2924 and we will look for a test and cross and lock on either level to determine the next range.

- This is still playing out, between the range we heighted, allowing us to safely 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
2867 - DONE

EMA5 CROSS AND LOCK ABOVE 2867 WILL OPEN THE FOLLOWING BULLISH TARGET
2894 - DONE

EMA5 CROSS AND LOCK ABOVE 2894 WILL OPEN THE FOLLOWING BULLISH TARGET
2924 - DONE

EMA5 CROSS AND LOCK ABOVE 2924 WILL OPEN THE FOLLOWING BULLISH TARGET
2952

EMA5 CROSS AND LOCK ABOVE 2952 WILL OPEN THE FOLLOWING BULLISH TARGET
2979

BEARISH TARGETS
2833

EMA5 CROSS AND LOCK BELOW 2833 WILL OPEN THE FOLLOWING BEARISH TARGET
2800

EMA5 CROSS AND LOCK BELOW 2800 WILL OPEN THE SWING RANGE

SWING RANGE
2771 - 2743

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