Our chart idea has played out to perfection. We completed all our Bullish targets followed with the move down into the retracement range.
We then stated the levels are re- activated, as price is back in the range and expected a bounce from the retracement range into the next Goldturn, which was highlighted by an arrow on the chart.
- This also played out today with the bounce from the retracement range into 1925 completing the bullish move we called yesterday.
BULLISH TARGETS 1925 - DONE
EMA5 CROSS AND LOCK ABOVE 1925 WILL OPEN THE FOLLOWING BULLISH TARGET 1934 - DONE 1943 - DONE
BEARISH TARGETS 1917 - DONE
EMA5 CROSS AND LOCK BELOW 1917 WILL OPEN THE SWING RANGE
SWING RANGE 1901 - 1890
We will now come back Sunday with our multi timeframe analysis, trading plan and a route map for the coming week for gold.
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