GOLD ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Chart playing out perfectly giving another great opportunity to buy dips inline with our plans to buy from support into the bullish retest target at 2046.

Price continued to play between the range leaving a opening below 2033 with range open to 2018 and then locked back up above 2033 confirming the push up to 2046, allowing us to safely buy the dip once again to catch the ride up.

We would now need to wait for ema5 to catch up and challenge the 2046 level for a cross and lock. A confirmed break and lock will open our target to 2060. We need to now manage exposure wisely, as the range below is also open and therefore can expect swings both ways.

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 - DONE

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
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