GOLD 1H ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Another PIPTASTIC day for us on the markets buying dips, inline with our chart idea.

After completing our target at 2184 earlier this week, ema5 failed to cross above and therefore followed with the drop into the highlighted retracement range. This gave the perfect bounce into into 2178 and then continued to range between the levels and re-tested the retracement range again today.

EMA5 failed to lock below 2157 retracement level, which followed with the bounce once again into 2166 and now heading towards 2178, as a open gap.

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
2184 - DONE

EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210

BEARISH RETRACEMENT TARGETS
2178 - DONE
2166 - DONE
2157 - DONE

EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE

SWING RANGE
2147 - 2137

EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT

STRUCTURE SUPPORT
2122- 2133

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