GOLD DAILY CHART UPDATE
Hey Everyone,
Please see update on our daily chart structure that we have been tracking successfully for a while now..
On our last two updates we had the cross and lock above 2355 leaving a gap open to 2405 and then same with 2405 opening 2464.
- Both gaps were hit and completed , as analysed.
We now have a candle body close gap above 2464 leaving a long range/term gap to 2521 and will need EMA5 lock above 2464 to further confirm this. Failure to lock now with ema5 confirmed the rejection we are seeing now
We have marked the charts with our unique weighted levels and will use them to track the movement up and down, confirmed with ema5 cross and lock confirmation.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Please see update on our daily chart structure that we have been tracking successfully for a while now..
On our last two updates we had the cross and lock above 2355 leaving a gap open to 2405 and then same with 2405 opening 2464.
- Both gaps were hit and completed , as analysed.
We now have a candle body close gap above 2464 leaving a long range/term gap to 2521 and will need EMA5 lock above 2464 to further confirm this. Failure to lock now with ema5 confirmed the rejection we are seeing now
We have marked the charts with our unique weighted levels and will use them to track the movement up and down, confirmed with ema5 cross and lock confirmation.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
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