GOLD ROUTE MAP UPDATE

20 jam yang lalu

Hey Everyone,

Another Piptastic day on the charts today with our plans to buy dips playing out, as planned.

After completing our 2661 bullish target yesterday, we stated that we now had ema5 cross and lock above 2661 opening 2681.

- This gave us a nice run of over 100 pips already and the gap still remains open. Any rejections will be opportunities for us to buy dips, allowing us to safely catch pips rather than chasing targets from the top.


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
2661 - DONE

EMA5 CROSS AND LOCK ABOVE 2661 WILL OPEN THE FOLLOWING BULLISH TARGET
2681

EMA5 CROSS AND LOCK ABOVE 2681 WILL OPEN THE FOLLOWING BULLISH TARGET
2711

BEARISH TARGETS
2633 - DONE

EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE FOLLOWING BEARISH TARGET
2611

EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE FOLLOWING BEARISH TARGET
2593

EMA5 CROSS AND LOCK BELOW 2593 WILL OPEN THE SWING RANGE

SWING RANGE
2570 - 2551

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