金/米ドル

GOLD ROUTE MAP UPDATE

2 724
Hey Everyone,

Strong start to the week on our 1H chart route map. We first saw our bearish target at 3365 hit, followed by a no cross and a lock below the Goldturn, confirming rejection. This set up the perfect bounce, aligning with our buy-the-dip strategy and giving us a solid catch. The bullish gap 3390 still remains open for the test.

We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.

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
3390

EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGETS
3422

EMA5 CROSS AND LOCK ABOVE 3422 WILL OPEN THE FOLLOWING BULLISH TARGET
3439

BEARISH TARGETS
3365 - DONE

EMA5 CROSS AND LOCK BELOW 3365 WILL OPEN THE FOLLOWING BEARISH TARGET
3347

EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3324

EMA5 CROSS AND LOCK BELOW 3324 WILL OPEN THE SWING RANGE
3304
3281

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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