GOLD 1H ROUTE MAP & TRADING PLAN UPDATE

٢٩ فبراير

Hey Everyone,

Piptastic finish to the month with our Bullish targets complete!!!

As stated yesterday, market is ranging and leaving gaps both ways but we remain Bullish and will continue to buy dips.

- This played out perfectly with ema5 cross and lock above 2036 opening 2044 and 2048 - Both these targets were hit to completing this range.

We will now look for ema5 to lock above 2048 to open 2055 and potentially 2064. Failure to lock above will see price retrace back to support, keeping in mind the gaps below.

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 in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2036 - DONE

EMA5 CROSS AND LOCK ABOVE 2036 WILL OPEN THE FOLLOWING BULLISH TARGET
2044 - DONE
2048 - DONE

EMA5 CROSS AND LOCK ABOVE 2048 WILL OPEN THE FOLLOWING BULLISH TARGET
2055
POTENTIALLY 2064

BEARISH TARGETS
2030 - DONE
2025 - DONE


EMA5 CROSS AND LOCK BELOW 2030 WILL OPEN THE SWING RANGE

SWING RANGE
2016 - 2010

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!

Mr Gold
GoldViewFX