GOLD ROUTE MAP UPDATE

Hey Everyone,

A PIPTASTIC day on the chart smashing all our targets, just like we analysed.

We started the week completing our bearish targets into the retracement range for support. We then highlighted the weighted level rejection bounce for the push up into our Bullish targets, clearing 2778, followed with ema5 lock opening 2787, which was hit perfectly. We then finished off with our final lock above 2787 opening 2797, now complete!!! True level to level action!!!

Now we need to see ema5 lock above 2797 for a continuation or failure to lock will follow with a rejection into Goldlturns below to find support. We are now siting in a new range and will need some play here to establish a blueprint to re-engage.

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
2778 - DONE

EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET
2787 - DONE

EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET
2797 - DONE

EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET
2808

BEARISH TARGETS
2768 - DONE

EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET
2757 - DONE

EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET
2746 - DONE

EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET
2732 - DONE

EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWING RANGE

SWING RANGE
2707 - 2697

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