GOLD ROUTE MAP UPDATE FOR LEVELS AND TARGETS FOR THE WEEK

Hey Everyone,

Okay we got the test into the retracement range and, as expected we got the perfect bounce from the weighted level for the move up.

We are now looking for a retest at 1979 and now moving trail to protect the profit inline with our plans to buy dips.

We will need to see ema5 cross below 1950 to open the swing range or a cross and lock above 1979 to confirm the range above.

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 the 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 have shared every week for the last 18 months, you can see how effectively they can be used to trade with or against short term swings and trends.

BULLISH TARGETS
1987

EMA5 CROSS AND LOCK ABOVE 1987 WILL OPEN THE FOLLOWING BULLISH TARGET
1994
2005

EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN 2018 AN 2032

BEARISH TARGETS
1979 - DONE
1970 - DONE

EMA5 CROSS AND LOCK BELOW 1979 WILL OPEN THE RETRACEMENT RANGE

RETRACEMENT RANGE
1959 - DONE
1950

EMA5 CROSS AND LOCK BELOW 1950 WILL OPEN THE SWING RANGE RANGE

SWING RANGE
1913

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
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