GOLD ROUTE MAP UPDATE

Hey Everyone,

Great start to the week with our analysis playing out as analysed with our level breaks giving us confirmation range to range.

We like to see these corrections down, which then allows us to buy dips safely riding the long term trend.

We got our bearish target hit at 2768, which followed with a cross and lock opening 2757 and a further lock below 2757 opening 2746. Both targets were hit perfectly. We are now seeing a lock below 2746 opening 2732.

We were able to take our weighted level bounces on the way down clearing 30 to 40 pips on each weighted level just like we analysed.

Failure to lock below any weighted levels will see reactional bounces to test upper Goldturns.

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 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.

BULLISH TARGET
2778

EMA5 CROSS AND LOCK ABOVE 2778 WILL OPEN THE FOLLOWING BULLISH TARGET
2787

EMA5 CROSS AND LOCK ABOVE 2787 WILL OPEN THE FOLLOWING BULLISH TARGET
2797

EMA5 CROSS AND LOCK ABOVE 2797 WILL OPEN THE FOLLOWING BULLISH TARGET
2808

BEARISH TARGETS
2768 - DONE

EMA5 CROSS AND LOCK BELOW 2768 WILL OPEN THE FOLLOWING BEARISH TARGET
2757 - DONE

EMA5 CROSS AND LOCK BELOW 2757 WILL OPEN THE FOLLOWING BEARISH TARGET
2746 - DONE

EMA5 CROSS AND LOCK BELOW 2746 WILL OPEN THE FOLLOWING BEARISH TARGET
2732

EMA5 CROSS AND LOCK BELOW 2732 WILL OPEN THE SWIG RAGE

SWING RANGE
2707 - 2697

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