GOLD ROUTE MAP & TRADING PLAN UPDATE

Jan 31

Hey Everyone,

Another awesome day today completing our chart idea with the final target at 2055 HIT!!!!

Our ema5 cross and lock above 2033 confirmed targets to 2047 and 2055 and gave us plenty of time to get in for the action.

We are now seeing price reject at 2055 and will need to see EMA5 lock above 2055 to open the updated Goldturns above.

We also have FOMC shortly so will likely see some whipsaw action to keep in mind, as we use our updated levels to track the movement down and then catch the 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 in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2022 - DONE

EMA5 CROSS AND LOCK ABOVE 2022 WILL OPEN THE FOLLOWING BULLISH TARGET
2033 - DONE

EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET
2047 - DONE
2055 - DONE

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