GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

We had a repeat of yesterdays action with pricing bouncing between our weighted level 1978 and 1989 just like we suggested yesterday.

We continued with our plans to buy dips and safely took our TP while the price played tennis between our levels.

We have to now wait for either of these levels to break with EMA5 and our confirmation to then track the movement to 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 the 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 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
2005 - DONE
2018

BEARISH TARGETS (RETRACEMENT RANGE)
1989 - DONE
1978 - DONE

EMA5 CROSS AND LOCK BELOW 1978 WILL OPEN THE SWING RANGE

SWING RANGE
1950

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
XAUUSD TOP AUTHOR