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GOLD ROUTE MAP UPDATE
Hey Everyone,
Another Piptastic day on the charts with our analysis playing out to perfection!!
Just amazing to see our levels in a new range that was generated using an average with no historical data has been hit perfectly at 2845.
Yesterday we stated that we were now looking for a cross and lock above 2819 for a continuation or a failure to lock above will see Goldturns below tested for support. We got our 2832 and our final target at 2845 for a perfect finish
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
2807 - DONE
EMA5 CROSS AND LOCK ABOVE 2807 WILL OPEN THE FOLLOWING BULLISH TARGET
2819 - DONE
EMA5 CROSS AND LOCK ABOVE 2819 WILL OPEN THE FOLLOWING BULLISH TARGET
2832 - DONE
EMA5 CROSS AND LOCK ABOVE 2832 WILL OPEN THE FOLLOWING BULLISH TARGET
2845 - DONE