GOLD ROUTE MAP UPDATE

Hey Everyone,

Once again our route map is providing perfect level to level guidance for us on this chart idea.

Yesterday we stated that we got our first bullish target at 2950 and that we will need to see ema5 cross and lock above 2950 to open the range above or failure to lock above will see price reject for a test on the lower Goldturn at 2927 to complete the bearish gap.

- This played out perfectly with no ema5 cross and lock above 2950 confirming the rejection and into our bearish target 2927 just like we said. We were able to capitalise on the bounces inline with our plans to buy dips on all the weighted levels. We are now seeing price in the retracement range will need to see a lock below this level for a continuation into the swing range or failure to lock will see another push up.

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 - 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