GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Piptistic finish to the day for us with our swing range doing exactly what it says on the tin.


Yesterday we had Ema5 cross and lock below 2036 retracement range, which opened the swing range 2020 and 2005. - Both of these levels were hit

We then advised that we would need to see ema5 cross and lock below 2005 to open the support structure or a failure to lock below 2005 will see price suport here to retest 2020 as resistance.
- EMA5 failed to cross below 2005 confirming the rejection, which followed through by completing the swing to 2020. as part of the swing range action highlighted on the chart.


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 TARGETbelow 2005 confirming the rejectionS
2051 - DONE.

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

BEARISH TARGETS
2036 - DONE

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

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