GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Great start to the week with our first bullish target hit on market open at 2051. We were able to take 30 pips from the retest for a easy catch.

Ema5 has now also crossed and locked above 2051 leaving a gap open to 2063. We will need to see price and ema5 maintain position above 2051 for this continuation into 2061. However, if we see a retest at 2051, followed with a cross and lock; this will then open the retracement range for a test.

We now have resistance at 2063 for a immediate bullish target and 2051 as support. We will see price range between these levels until one breaks and locks to confirm the next 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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2051 - DONE.

EMA5 CROSS AND LOCK ABOVE 2051 WILL OPEN THE FOLLOWING BULLISH TARGET
2063
2074

BEARISH TARGETS
2036

EMA5 CROSS AND LOCK BELOW 2036 WILL OPEN THE SWING RANGE
2020
2005

EMA5 CROSS AND LOCK BELOW SWING RANGE WILL OPEN THE SUPPORT STRUCTURE

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX

Mr Gold