GOLD ROUTE MAP UPDATE

3 172
Hey Everyone,

Great start to the week with our levels being respected inline with our plans to buy dips.

We started the week with our bearish target 3330 being hit followed with ema5 cross and lock opening 3306 inline with the retracement range. This was hit perfectly completing the retracement range, followed with the weighted level bounce now heading towards 3330.

We still have the market opening bullish gap left at 3358 and will need a challenge and ema5 lock above 3330 to re-confirm this again.

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 20 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.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
3358

EMA5 CROSS AND LOCK ABOVE 3358 WILL OPEN THE FOLLOWING BULLISH TARGETS
3389

EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET
3416

EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET
3439

BEARISH TARGETS
3330 - DONE

EMA5 CROSS AND LOCK BELOW 3330 WILL OPEN THE FOLLOWING BEARISH TARGET
3306 - DONE

EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SWING RANGE
3283
3254

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

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