GOLD ROUTE MAP UPDATE

10 באוק׳

Hey Everyone,

Great day on the chart today, allowing us to continue to buy dips inline with our plans.

We now have an extended range to buy dips, as the swing range is open from the ema5 break below 2611. However, currently we are seeing a nice push up, heading towards completing the bounce from the retracement range to 2633, as highlighted on the chart.

We will now keep in mind the extended range due to swing range lock, managing risk and range when buying 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
2655 - DONE

EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2674

BEARISH TARGETS
2633 - DONE

EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE

RETRACEMENT RANGE
2611 - DONE

EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE

SWING RANGE
2586 - 2558

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