Goldviewfx

GOLD ROUTE MAP & TRADING PLAN UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Great start to the week with our route map chart idea playing out as planned. Price supported above 2018 and failed to lock below confirming the push up, perfectly hitting our Bullish target at 2033 Goldlturn.

We will now need to see 2033 cross and locked to open 2046. Failure to lock above will see rejection into support to test 2018 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 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
2033 - DONE

EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET
2046

BEARISH TARGETS
2018

EMA5 CROSS AND LOCK BELOW 2018 WILL OPEN THE RETRACEMENT RANGE
2002

SWING RANGE
1990 - 1977

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

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