GOLD ROUTE MAP UPDATE

3 115
Hey Everyone,

We kicked off the week strong with our bullish targets at 3458 and then 3477 getting hit. Price is now facing rejection at this zone.

If EMA5 breaks above this level and locks, we could see an extension toward 3497.

If not, we may revisit lower Goldturns to test support before the weighted level bounces.

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
3458 - DONE

EMA5 CROSS AND LOCK ABOVE 3458 WILL OPEN THE FOLLOWING BULLISH TARGETS
3477 - DONE

EMA5 CROSS AND LOCK ABOVE 3477 WILL OPEN THE FOLLOWING BULLISH TARGET
3497

EMA5 CROSS AND LOCK ABOVE 3497 WILL OPEN THE FOLLOWING BULLISH TARGET
3513

BEARISH TARGETS
3439

EMA5 CROSS AND LOCK BELOW 3439 WILL OPEN THE FOLLOWING BEARISH TARGET
3417

EMA5 CROSS AND LOCK BELOW 3417 WILL OPEN THE FOLLOWING BEARISH TARGET
3395

EMA5 CROSS AND LOCK BELOW 3395 WILL OPEN THE SWING RANGE
3369
3352

EMA5 CROSS AND LOCK BELOW 3395 WILL OPEN THE SECONDARY SWING RANGE
3336
3315

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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