GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

So we had the swing range challenge. followed with a break just below the swing range, leaving the range below open. However, those following our plans to buy dips and bounces from these weighted levels; the swing range gave the reactional bounce, as analysed into 1965.

We will need to see 1965 break with EMA5 to complete the swing into 1978 for the full swing range move. We need to also keep in mind the range open below at 1935 for our next reactional bounce weighted level, should it be tested.

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.

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!

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