GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Following on from yesterday, after hitting all our Bullish targets in the range, we had candle body close gap to 2018 and also from the weighted level break at 1989 level but stated ema5 cross will confirm the target. We can see ema5 failed to cross above 2003 confirming the rejection.

We are now seeing price retrace down into support structure and expecting a reaction on this zone for a bounce. Only a cross and lock below 1978 will confirm further movement down or we should see another bounce up from this zone.

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
1978 - DONE
1989 - DONE

EMA5 CROSS AND LOCK ABOVE 1989 WILL OPEN THE FOLLOWING BULLISH TARGET
2003 - DONE
2018

BEARISH TARGETS
1978 - DONE

EMA5 CROSS AND LOCK BELOW 1978 WILL OPEN THE RETRACEMENT RANGE
1965 - DONE

EMA5 CROSS AND LOCK BELOW 1965 WILL OPEN THE SWING RANGE

SWING RANGE
1935

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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