GOLD DAILY CHART ROUTE MAP

4 giorni fa

Hey everyone,

Please review our Daily Chart Route Map, now featuring updated levels for tracking Golds movement.

We continue to track our refreshed proprietary Goldturn Channel, our unique method for constructing ascending channels. Price action is now testing the swing range and the swing range seems to be holding support as expected. This swing range support also falls inline with the channel half line providing stronger support.

As long as ema5 remains above the swing zone we expect price to play between this range until the full long term swing is completed into 4183. An ema5 break below the swing range will open the lower channel floor for test, currently sitting at 3824

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX

20 ore fa

Trade attivo

Hey everyone,

Please see the follow up update on our daily chart idea, it’s still playing out as analysed. The 3961 swing range continues to hold as support, aligning with the channel’s midline and providing multiple bounces in line with our plan to buy the dips.

We’re using our smaller timeframes to capitalise on these moves while keeping an eye on the overall daily chart structure. As long as the EMA5 remains above the swing range, we can continue to track this move upward.

However, a cross and close below the swing range would likely open up the lower range for further downside movement.

Mr Gold