GOLD ROUTE MAP UPDATE

Hey Everyone,

Once again our chart idea is playing out perfectly. We got our bearish target now complete at 2600 followed with the weighted bounce and now heading towards 2629 to complete the Bullish target gap that was left short by a few pips yesterday.

We are still seeing price play between the two weighted levels and will one of the weighted levels to break and lock to confirm direction for the next range.

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
2629 - DONE

EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655

BEARISH TARGETS
2600 - DONE

EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561

EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE

SWING RANGE
2519 - 2486

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!

Its NYE today and the markets closed tomorrow. Looking forward to another smashing year. Wishing you all a blessed year ahead!!

Mr Gold
GoldViewFX