GOLD ROUTE MAP UPDATE

Sep 23

Hey Everyone,

Great start to the week with both our Bearish target 2618 and Bullish target 2631 hit, just like we said.

No cross and lock below 2618 gave the rejection bounce twice into 2631. We will now look for ema5 cross and lock above 2631 to open the range above. Failure to lock above 2631, will follow with a rejection back to 2618

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.

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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGET
2631 - DONE

EMA5 CROSS AND LOCK ABOVE 2631 WILL OPEN THE FOLLOWING BULLISH TARGET
2644
POTENTIALLY 2658

BEARISH TARGETS
2618 - DONE

EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE RETRACEMENT RANGE

RETRACEMENT RANGE
2603 - 2588

EMA5 CROSS AND LOCK BELOW 2588 WILL OPEN THE SWING RANGE

SWING RANGE
2575 - 2558

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX