黄金现货/美元

GOLD ROUTE MAP UPDATE

2 747
Hey Everyone,

Another PIPTASTRIC day on the markets with our chart idea and levels playing out and being respected, as analysed.

After completing the swing range test and full swing into 3306, we stated yesterday that we will now look for ema5 cross and lock above 3306 to open 3330. This was locked and loaded and completed the 3330 target today.

We will now continue to look for ema5 lock above 3330 for a continuation into the bullish targets above or failure to lock will see rejections into the lower Goldturns for support and bounce inline with our plans to buy dips.


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 20 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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.

BULLISH TARGET
3358

EMA5 CROSS AND LOCK ABOVE 3358 WILL OPEN THE FOLLOWING BULLISH TARGETS
3389

EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET
3416

EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET
3439

BEARISH TARGETS
3330 - DONE

EMA5 CROSS AND LOCK BELOW 3330 WILL OPEN THE FOLLOWING BEARISH TARGET
3306 - DONE

EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE SWING RANGE
3283 - DONE
3254

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX

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