Fantastic week for us and our followers. 1787 held for now like we anticipated and created a Goldturn just above it, which was the first sign that the support was going to hold. We had price wick out at 1782 but no candle body close below 1787 level.
1795 Goldturn was the next level - Again this was HIT just like we analysed!! We are now looking for EMA5 to cross this level to confirm 1802. We already have a candle body open above 1795 just as i'm typing this, which is a good sign for further movement to the upside.
However If 1800 is rejected then the 1787 level will have a good chance to break through. We still remain buying dips and will continue to do so, till the current structure changes. Right now these strong support levels identified are allowing us to maintain the same framework. Any changes to our plans and setup, we will be sure to update you all.
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