Gold Route Map UPDATE

Hey Everyone,

Another great day on the charts tracking and trading our chart ideas. Our retracement range was hit yesterday, where we expected a bounce unless we saw ema5 cross the retracement range.

EMA5 failed to lock below the retracement range confirming the rejection for the bounce, as highlighted on chart with our arrow.

This played out to perfect clearing all our Bullish targets upto the weighted level at 1969 - BOOOOM!

Our 1H chart (SEE BELOW) has also hit our Bullish targets closing the gap we shared on Sunday - BOOOOM!!!

We now need to see EMA5 lock above 1969 on this 4H chart to confirm the range above or a failure to cross and lock will follow with a rejection for a support test on the Goldturns below.

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 the 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
1946 - DONE

EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN THE FOLLOWING BULLISH TARGET
1957 - DONE
1969 - DONE

BEARISH TARGET
1930 - DONE

EMA5 CROSS AND LOCK BELOW 1930 WILL OPEN THE SWING RANGE

SWING RANGE
1906 - 1888

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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