GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATE
Hey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading for a number of months now.
Please see last update below to keep with the flow of the setup.
We stated last week that we are on track with the long term plans on this chart idea. However the detachment below still pending and as such need to keep this in mind when buying dips this coming week.
- This played out as analysed, as we saw price come down to attach to ema5. We will now assess this in the coming week for dynamic suport from this ema5 attachment.
LAST UPDATE
Our swing range and MA200 dynamic support gave us the technical lift off for the bullish target hits - BOOOOM!!
We got our 2000 Goldturn Target HIT last week with our final target now left at 2048 with a candle body close above 2000. However, please note we have a EMA5 detachment below highlighted with a circle that may need a correctional touch.
We need to keep the above in mind and continue with our plans to buy dips, which will allow us to safely take the bounces from support.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend all!
MR GOLD
This is an update on our weekly chart idea that we have been tracking and trading for a number of months now.
Please see last update below to keep with the flow of the setup.
We stated last week that we are on track with the long term plans on this chart idea. However the detachment below still pending and as such need to keep this in mind when buying dips this coming week.
- This played out as analysed, as we saw price come down to attach to ema5. We will now assess this in the coming week for dynamic suport from this ema5 attachment.
LAST UPDATE
Our swing range and MA200 dynamic support gave us the technical lift off for the bullish target hits - BOOOOM!!
We got our 2000 Goldturn Target HIT last week with our final target now left at 2048 with a candle body close above 2000. However, please note we have a EMA5 detachment below highlighted with a circle that may need a correctional touch.
We need to keep the above in mind and continue with our plans to buy dips, which will allow us to safely take the bounces from support.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend all!
MR GOLD
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