Gold Route Map UPDATE

Hey Everyone,

Yesterday we had price retrace down into support structure and we said we were expecting a reaction on this zone for a bounce for over 60 pips.
- This played out perfectly for the bounce

Price will now bounce between the range 1989 and 2003.

A retest at 2003 followed with a cross and lock will open the range above.

A cross and lock below 1989 will open 1978 and a cross and lock below 1978 will confirm further movement down.

Our levels are still valid to track and trade the movement up and down.

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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
1978 - DONE
1989 - DONE

EMA5 CROSS AND LOCK ABOVE 1989 WILL OPEN THE FOLLOWING BULLISH TARGET
2003 - DONE
2018

BEARISH TARGETS
1978 - DONE

EMA5 CROSS AND LOCK BELOW 1978 WILL OPEN THE RETRACEMENT RANGE
1965 - DONE

EMA5 CROSS AND LOCK BELOW 1965 WILL OPEN THE SWING RANGE

SWING RANGE
1935

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX
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