GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Our chart idea is playing out in true level to level fashion with our swing range doing exactly what it says on the tin, giving the perfect bounce swing.

EMA5 failed to lock below the swing range and therefore support held for the bounce with plenty of opportunity and time to get in for the bounce inline with our plans to buy dips.


Once again a repeat of yesterday with both the swing range levels of 2040 and 2032 giving the bounce and swing of 40 pips plus.

We will now wait patiently to see the swing range test to finish up with either a break and lock below 2032 to open the support structure or a retest to 2054.

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 - DONE

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

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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