GOLD WEEKLY CHART MID/LONG TERM/RANGE ROUTE MAP

17 Jul

Hey Everyone,

Please see update on our weekly chart idea.

Sunday we stated we had a gap remaining at 2434 but just needed to keep in mind the conflicting resistance with the channel top.

- 2434 was hit perfectly completing this target.

We now have the final Axis target at 2505 and if momentum allows this week; we may just see this complete without confirmation. However, the ideal confirmation would need to be with a candle body close above 2434 this week to confirm this gap or ema5 cross and lock for a double confirmation.

The levels within the channel will provide the bounces, inline with our plans to buy dips in true level to level fashion, using our smaller time-frames. Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.

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

Mr Gold
GoldViewFX