GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Please see update on our 1H chart idea.

After hitting our Bullish target at 2047 earlier this week and then failing to cross and lock above confirming the rejection for the drop down into the retracement level.

The retracement zone and 2020Goldturn both provided bounces inline with our plans to buy dips.

We also stated that Ema5 cross and lock below the retracement level at 2032 will open the swing range, which we were keeping in mind while planning for the dip before making new commitments to ride. This is now playing out perfectly, as analysed.

We will now wait patiently for price to settle down into the swing range and then use our algo activations to secure the perfect entries to buy from dips.

2005 and 1992 Goldturns are both within our swing range to provide the dynamic bounces.

Our updated levels and weighted levels will allow us to track the movement down and then catch the 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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2047 - DONE

EMA5 CROSS AND LOCK ABOVE 2047 WILL OPEN THE FOLLOWING BULLISH TARGET
2063
2074

BEARISH TARGETS
2032 - DONE

EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SWING RANGE
2005
1992

EMA5 CROSS AND LOCK BELOW SWING RANGE WILL OPEN THE SUPPORT STRUCTURE

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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