Goldviewfx

GOLD ROUTE MAP & TRADING PLAN UPDATE

OANDA:XAUUSD   골드 스팟 / 미국 달러
Hey Everyone,

After hitting our bullish target at 2071 yesterday, we saw the price drop into the retracement level completing 2054. Ema5 cross and lock below 2054 then confirmed the swing range, 2040 and 2032 - both targets were hit.

Both the retracement and swing range gave the bounce and swing of 40 pips plus, as part of our setup plan to buy dips and suggested every week, as we share our route map level to level trading plan.

We will now wait patiently to see the swing range test to finish up with either a break and lock below to open the support structure or a retest to 2040 and 2054.

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 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
2071 - DONE

EMA5 CROSS AND LOCK ABOVE 2071 WILL OPEN THE FOLLOWING BULLISH TARGET
2085

BEARISH TARGETS
2054 - DONE

EMA5 CROSS AND LOCK BELOW 2054 WILL OPEN THE SWING RANGE
2040 - DONE
2032 - DONE

EMA5 CROSS AND LOCK BELOW 2032 WILL OPEN THE SUPPORT STRUCTURE
2019

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
XAUUSD TOP AUTHOR

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