GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Today we saw 2051 cross and lock below opening the retracement range, which was HIT. The retracement range then gave the 30 to 40 pip bounce, as part of our plans to buy dips from weighted levels.

Ema5 has now also crossed and locked below 2036 retracement range opening the swing range levels 2020 and 2005. A cross and lock below each level will solidify confirmation for the next.

Both of these levels and this range is within the swing range and therefore we expect reactional bounces on this range.

We also have a gap left open above to keep 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
2051 - DONE.

EMA5 CROSS AND LOCK ABOVE 2051 WILL OPEN THE FOLLOWING BULLISH TARGET
2063
2074

BEARISH TARGETS
2036 - DONE

EMA5 CROSS AND LOCK BELOW 2036 WILL OPEN THE SWING RANGE
2020
2005

EMA5 CROSS AND LOCK BELOW SWING RANGE WILL OPEN THE SUPPORT STRUCTURE

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

Mr Gold