GOLD MARKET UPDATE

9 авг.

Hey Everyone,

Please review our 1H chart route map update.

Absolutely amazing to see how well our levels and weighted levels confirmed the continuations and rejections this week once again and how we were able to navigate and track the movement up and down.

We started the week with our Bullish target at 2458 hit. No further cross and lock above this weighted level confirmed the rejection.

We then saw ema5 lock below weighted level 2423 opening the retracement range, which played out perfectly. This followed on with a cross and lock below 2394 opening the swing range. The swing range was hit and then provided the swing and did what it says on the tin providing the full swing inline with our plans to buy dips. - BOOOOM!!!

After completing the swing, we stated that levels were active again, as price was back in the range. This allowed us to track the movement back up level to level completing 2407 and 2423 and now the last gap in this range remains at 2438.

EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2458 - DONE

BEARISH TARGETS
2438 - DONE
2423 - DONE

EMA5 CROSS AND LOCK BELOW 2423 WILL OPEN THE FOLLOWING BEARISH TARGET
2407 - DONE
2394 - DONE

EMA5 CROSS AND LOCK BELOW 2394 WILL OPEN THE SWING RANGE

SWING RANGE
2369 (DONE) - 2359

We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead.

Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX