GOLD DAILY CHART ROUTE MAP UPDATE

Hey Everyone,

This daily chart idea played out exactly as analysed. The channel top provided strong resistance, with EMA5 failing to cross and lock outside the channel confirming the rejection.

Price then moved down to the channel half line, which, as we anticipated, held firmly as support and delivered the expected bounce. This move aligned perfectly with our plan to buy dips, demonstrating once again the precision of the Goldturn channel methodology.

This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.

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!

Mr Gold
GoldViewFX