GOLD DAILY CHART MID/LONG RANGE ROUTE MAPHey Everyone,
Please see our updated daily chart structure.
Currently we are seeing price test support at 2309 with a candle break below opening gap to 2259 but we will need to see ema5 lock below 2309 to further confirm this gap otherwise a failure to lock below will follow with a reactional bounce here to 2355
We have marked the charts with the 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 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
XAUUSD TOP AUTHOR