GOLD ROUTE MAP UPDATE

Hey Everyone,

Once again our chart idea is playing out with our ema5 lock confirmation level to level.

After competing Bullish n target 2950 earlier this week we confirmed the rejection with no lock opening all our bearish targets. After competing 2927 and 2903 bearish target we confirmed that if we see a ema5 cross and lock below 2903 the swing range will open, failure to lock below 2903 will confirm the bounce.

- Yesterday No lock below 2903 confirmed the rejection and gave the bounce like we stated and today we got the mea5 lock below 2903 opening the swing range.
- JUST PERFECT LEVEL TO LEVEL ACTION!!

We still have room for the full swing range test and will use ema5 lock on each weighted level to confirm the next range. We are also seeing each of our weighted level giving the clean 30 to 40 pip bounces as analysed.

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
2950 - DONE

EMA5 CROSS AND LOCK ABOVE 2950 WILL OPEN THE FOLLOWING BULLISH TARGET
2969

EMA5 CROSS AND LOCK ABOVE 2969 WILL OPEN THE FOLLOWING BULLISH TARGET
2986

EMA5 CROSS AND LOCK ABOVE 2986 WILL OPEN THE FOLLOWING BULLISH TARGET
3006

BEARISH TARGETS
2927 - DONE

EMA5 CROSS AND LOCK BELOW 2927 WILL OPEN THE FOLLOWING BEARISH TARGET
2903 - DONE

EMA5 CROSS AND LOCK BELOW 2903 WILL OPEN THE SWING RANGE

SWING RANGE
2884 (DONE) - 2861

EMA5 CROSS AND LOCK BELOW 2861 WILL OPEN THE SECONDARY SWING RANGE

SECONDARY SWING RANGE
2841 - 2820

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