GOLD ROUTE MAP UPDATE

4949
Hey Everyone,

Once again another great day on the charts with our analysis playing out, as analysed.

Yesterday after completing each of the bearish gaps 2768, 2757 and 2746 confirmed with cross and lock, we stated that we now have a lock below 2746 opening 2732.

- This was hit perfectly today followed with no further lock confirming the rejection and the bounce into the Goldlturns above, inline with our plans to buy dips, just like we stated yesterday. This allowed us to catch the move up.

We are now seeing 2757 being tested and will need ema5 cross and lock above 2757 to open the range above. Failure to lock above will follow with a rejection and drop to test the lower Goldlturns again.

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
2778

EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET
2787

EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET
2797

EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET
2808

BEARISH TARGETS
2768 - DONE

EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET
2757 - DONE

EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET
2746 - DONE

EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET
2732 - DONE

EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWIG RAGE

SWING RANGE
2707 - 2697

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

Feragatname

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