GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATE

Hey Everyone,

This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months.

Last week we highlighted that we are seeing price in our updated swing range zone and expect reaction on this zone. This played out perfectly, as the swing range providing the swing straight into the axis target once again.

We are now seeing price back in the channel and will need to see a break above 2048 to establish a range back in the Goldturn channel.

We need to keep the above in mind and continue with our plans to buy dips using our smaller timeframes, which will allow us to safely take the bounces from support.

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

Have a great weekend all!

MR GOLD