Hey Everyone,
Here’s the latest follow-up on our weekly chart setup and as anticipated, it’s playing out as analysed with the test into the top of our Goldturn Ascending Channel and rejection.
Price tested the upper boundary but failed to secure a sustained breakout. The EMA5 did not cross and lock outside the channel, signaling a lack of confirmation for bullish continuation. Instead, the top of the channel acted as a clean resistance zone, resulting in a firm rejection.
We are now seeing price pull back toward our identified support zones at 3281 and 3189, of which price can slowly align with the channel’s midline with either price finding support here, or we look for it to gradually sync up with the half-line of the channel for structural support.
As always, patience and precision are key. We'll continue using the 1H and 4H timeframes to buy dips on retracements into these support zones, targeting clean 30–40 pip moves. These levels and pullbacks offer ideal opportunities, especially in ranging conditions where our Goldturn method truly shines.
This is exactly why we rely on our Goldturn Channels, our proprietary system built on weighted averages. It filters the noise, helps us spot real breakouts vs. fake-outs, and gives us the confidence to act with clarity and discipline.
Thanks again for all the support, your likes, comments and follows.
MR GOLD
GOLDVIEWFX
Here’s the latest follow-up on our weekly chart setup and as anticipated, it’s playing out as analysed with the test into the top of our Goldturn Ascending Channel and rejection.
Price tested the upper boundary but failed to secure a sustained breakout. The EMA5 did not cross and lock outside the channel, signaling a lack of confirmation for bullish continuation. Instead, the top of the channel acted as a clean resistance zone, resulting in a firm rejection.
We are now seeing price pull back toward our identified support zones at 3281 and 3189, of which price can slowly align with the channel’s midline with either price finding support here, or we look for it to gradually sync up with the half-line of the channel for structural support.
As always, patience and precision are key. We'll continue using the 1H and 4H timeframes to buy dips on retracements into these support zones, targeting clean 30–40 pip moves. These levels and pullbacks offer ideal opportunities, especially in ranging conditions where our Goldturn method truly shines.
This is exactly why we rely on our Goldturn Channels, our proprietary system built on weighted averages. It filters the noise, helps us spot real breakouts vs. fake-outs, and gives us the confidence to act with clarity and discipline.
Thanks again for all the support, your likes, comments and follows.
MR GOLD
GOLDVIEWFX
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
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🏆MESSAGE US FOR VIP SIGNALS🏆
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or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.