GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP

Hey Everyone,

Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.

Previously we stated that after completing 2729 and 2856, we were left with a very small body close above 2856 last week leaving 2976 open and we stated that will need ema5 lock to further confirm this and ema5 was still yet to lock but we still got a nice push up over 700 pips.


This is still the case with EMA5 yet to lock, however last weeks body close still gave us the confirmation for the push up with another run over 500 pips. The full long term gap still remains open. Once again we prove the safest way to chase this Bull in this range is from dips.

This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.

Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX