GOLD DAILY CHART MID TERM PROJECTION

Hey Everyone,

Please see our daily chart chart idea updated form last week. So far laying out perfectly and respecting levels within the channel.

Channel half line provided the support as suggested last week for our first bullish target hit at 2043. This followed with a candle break and close above 2043 providing the momentum for the break above this level, which fell just short of the channel top test on Friday.
- This played out perfectly!!

We now also have a gap to 2089 and will need to see ema5 lock above 2043 on this chart to solidify the axis gap.

Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.

Buying dips allows us to safely manage any swings rather then chasing the bull from the top

Please don't forget to like, comment and follow to support us, we really appreciate it!

MR GOLD