Another amazing finish to the week with all our chart ideas playing out, as analysed.
This chart was posted last Sunday with two open targets, bearish and bullish. Both targets were hit followed with no cross and lock below the bearish target. This confirmed the rejection and provided the support for the bull run, inline with our plans to buy dips.
We got the ema5 lock above 2669 opening 2693, which was hit perfectly followed by ema5 lock above 2693, opening 2715, which was also hit today completing this target.
We traded the move up all week from every dip, using our levels, banking clean safe pips. However, just today we stayed out, observing the movement, as did not want to chase the momentum unless we got a dip.
BULLISH TARGET 2669 - DONE
EMA5 CROSS AND LOCK ABOVE 2669 WILL OPEN THE FOLLOWING BULLISH TARGET 2693 - DONE
EMA5 CROSS AND LOCK ABOVE 2693 WILL OPEN THE FOLLOWING BULLISH TARGET 2715 - DONE POTENTIALLY 2737
BEARISH TARGETS 2640 - DONE
EMA5 CROSS AND LOCK BELOW 2640 WILL OPEN THE RETRACEMENT RANGE - NO LOCK
RETRACEMENT RANGE 2611
EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE
SWING RANGE 2584 - 2564
We will now come back Sunday with our updated 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!
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