GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
This is an update on our weekly chart ideas, which we have been tracking, as our long term route map.
After completing 3094 target no further body close or ema5 lock above this level. Therefore no further gaps left above and followed with a rejection. We are now looking for support and bounce on the channel half line or a cross and lock below the half line will open the lower range for the channel low Goldturns.
We expect the range play between the channel half-line and 3094 and will need a break on either of these levels to determine the next range.
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
