Gold update on last weeks route map.

We posted this over a week ago with a route map with not only direction but a potential sequence.

We mapped out the overall direction showing a clear movement to the upside with all the potential dips to pickup good entries for the longs. This played out perfectly! 1797, 1808, 1819 all hit in order.

Our trade target of 1819 was hit and 1808 retracement target also hit, as identified on the chart. We have banked all profits and will wait for a decent drop before resuming our bullish targets.

We are also keeping in mind the EMA5 break at 1790 leaving a gap open to 1782, which we need to keep in mind for a potential entry point. However for now we have had the re-test on 1808, as support so we still remain bullish.

All levels highlighted are Goldturn support and resistance levels

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GoldViewFX
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