GOLD ROUTE MAP UPDATE

16 Jul

Hey Everyone,

Like a broken record we smashed our targets once again in true level to level fashion.

Yesterday we stated that we were looking for a 2440 full retest and needed ema5 to lock above 2440 to confirm the range above.

- This played out perfectly with the 2440 re-test followed with the cross and lock opening 2449 and 2460. Both targets were hit completing this range with plenty of opportunity to get in for the action after the lock.


We are now looking for ema5 to lock above 2460 to open the upper levels that can be reviewed and tracked on our bigger multi time-frame analysis shared on Sunday.

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.

BULISH TARGET
2414 - DONE

EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGETT
2426 - DONE
2440 - DONE

EMA5 CROSS AND LOCK ABOVE 2440 WILL OPEN THE FOLLOWING BULLISH TARGETT
2449 - DONE
2460 - DONE

BEARISH TARGETS
2401 - DONE

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