Gold Route MAP UPDATE

Hey Everyone,

A great week so far of riding this move up, all the way from the bottom support structure completing this chart idea. Price continued into the resistance structure today and just short of 1888 and then rejected at the resistance level for a correctional retracement drop.

Although this chart idea is now complete hitting all targets. We have a gap at 1888 but also highlighted, as a resistance structure, and therefore expecting a reaction at this zone, which we are seeing now.

We will now wait for price to settle back in the range and then use our cross and lock to track and trade the movement once 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 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 last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.

EMA5 CROSS AND LOCK ABOVE 1831 WILL OPEN THE FOLLOWING BULLISH TARGET

1843 - DONE
1847 - DONE
POTENTIALLY 1854 - DONE

EMA5 CROSS AND LOCK ABOVE 1854 WILL OPEN THE FOLLOWING BULLISH TARGET
1864 - DONE
1876 - DONE

BEARISH TARGETS
1817
1809

EMA5 CROSS AND LOCK BELOW 1809 WILL OPEN THE SWING RANGE

SWING RANGE
1785 - 1777

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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