Goldviewfx

Gold Route Map UPDATE - BOOOOOM!!!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Once again our chart idea has played out to perfection clearing all our Bullish targets.

Our chart idea started by tracking into the retracement range for the bounce up clearing 1928 and 1935, our first set of bullish targets. We then got our cross and lock confirmation on the weighted level 1935 opening targets to 1943 and 1950. Both of these targets were hit today!!!

Price continued to break out and challenged our 1961 Goldturn also highlighted. as a weighted level of resistance. This level was rejected and wicked out for a correctional retracement down.

We will now track the movement level to level using ema5 to manage the range and continue to buy dips from support.

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 the 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 last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

BULLISH TARGETS
1928 - DONE
1935 - DONE

EMA5 CROSS AND LOCK ABOVE 1935 WILL OPEN THE FOLLOWING BULLISH TARGET
1943 - DONE
1950 - DONE

BEARISH TARGETS
1918 - DONE

EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN THE SWING RANGE

SWING RANGE
1905 - 1895

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
XAUUSD TOP AUTHOR

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