GOLD 1H CHART ROUTE MAP UPDATE

Hey Everyone,

Yesterday we had EMA5 cross and lock below 2371 opening the retracement range 2355 and 2333.
- Both levels were hit.

Today we had the lock below 2333 opening the swing range levels below, which we said will allow us to buy dips on bounces on the Goldturns.

- Each of the Goldturns withing the swing range gave nice bounces inline with our plans to buy dips. Once again our precision entries allowed us to bank pips from the bounces now heading to 2333 for a test of resistance previously support.

We need to also keep in mind the full swing range open and the range is now extended when planning to buy dips against the short term trend.

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
2393
2408

EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS
2422
2440
AND POTENTIALLY 2454

BEARISH TARGETS
2371 - DONE

EMA5 CROSS AND LOCK BELOW 2371 WILL OPEN THE RETRACEMENT RANGE
2355 - DONE
2333 - DONE

EMA5 CROSS AND LOCK BELOW 2333 WILL OPEN THE SWING RANGE & LEVELS WITHIN
2312 - DONE
2289 - DONE

SWING RANGE
2278- 2258

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!

Mr Gold
GoldViewFX