GOLD ROUTE MAP UPDATE

31 ביולי

Hey Everyone,

PIPTASTIC day on the charts today with our targets getting smashed in style!!!

We got the 2400 re-test after the bounce from 2376 support like we analysed. This followed with a ema5 cross and lock above 2400 opening 2423, which was hit perfectly and as stated before potentially 2438, currently left open. The potential targets are extended targets and ones that we don't chase unless from a dip.

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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2400 - DONE

EMA5 CROSS AND LOCK ABOVE 2400 WILL OPEN THE FOLLOWING BULLISH TARGET
2423 - DONE
POTENTIALLY 2438

EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2459
POTEITNALLY 2475

BEARISH TARGETS
2376 - DONE

EMA5 CROSS AND LOCK BELOW 2376 WILL OPEN THE FOLLOWING BEARISH TARGET
2360
2344

EMA5 CROSS AND LOCK BELOW 2344 WILL OPEN THE SWING RANGE

SWING RANGE
2313- 2298

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