GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Great start to the new year with our chart idea playing out as analysed.

We hit our open bullish target at 2071, as shared Sunday with a gap now left open at 2085 to keep an eye on from dips. Price headed towards the retracement range after hitting our first bullish target. The retracement range is holding for now providing support.

There is room for the full retracement range to be challenged. We will need to see the full retracement range challenged and broken to open the range below otherwise for now we remain bullish from dips towards the upper open range that was left open earlier.

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
2071 - DONE

EMA5 CROSS AND LOCK ABOVE 2071 WILL OPEN THE FOLLOWING BULLISH TARGET
2085

BEARISH TARGETS
2054

EMA5 CROSS AND LOCK BELOW 2054 WILL OPEN THE SWING RANGE
2040
2032

EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SUPPORT STRUCTURE
2019

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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