GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Half way through the week and our plans to buy dips on our levels are playing out, as planned with the volatile swings.

We are seeing price play between the weighted levels 2022 and 2036 and as stated yesterday, we had a very slight cross and lock below 2022 leaving the to 2006 retracement range open for a test.

We saw another retest at the 2036 level today from dips, allowing for better entries and a failure to cross and lock above 2036 Goldturn followed with the rejection.

We are now seeing price play into the retracement range, which are all safe areas for us to buy dips, unless we see a cross and lock below 2006. Failure to lock below this level will see price maintain the range for bounces.

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
2036 - DONE

EMA5 CROSS AND LOCK ABOVE 2036 WILL OPEN THE FOLLOWING BULLISH TARGET
2047
2055

BEARISH TARGETS
2022 - DONE

EMA5 CROSS AND LOCK BELOW 2022 WILL OPEN THE RETRACEMENT RANGE
2006

EMA5 CROSS AND LOCK BELOW 2006 WILL OPEN THE SWING RANGE

SWING RANGE
1992 - 1979

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