GOLD ROUTE MAP UPDATE

26 июл.

Hey Everyone,

A great finish to the week with all our chart ideas playing out perfectly, as per our daily updates throughout the week.

Yesterday we advised that we got the test into 2380 weighted Goldturn support, after the rejection from the top. We also got the cross and lock below 2380 opening 2359, which was also hit perfectly. We then stated that we needed to see ema5 lock below 2359 to open the swing range or failure to lock below will see a reaction here.

- This played out perfectly once again with no lock below the 2359 weighted level, which followed with the rejection and reactional bounce into 2380 inline with our plans to buy dips!!

We will now need to track the movement level to level confirmed with cross and lock and knowing we have a gap above, helps with our plans to buy dips.

BULLISH TARGETS
2400 - DONE
2421 - DONE

BEARISH TARGETS
2380 - DONE

EMA5 CROSS AND LOCK BELOW 2380 WILL OPEN THE FOLLOWING BEARISH TARGET
2359 - DONE

We will now come back Sunday with our 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