GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAP

22 EylHey Everyone,

After completing our last monthly chart long term/range chart idea, we never had a chance to update a new long term plan and so here you go!!!

2499 candle body close left a gap open last month to 2589. This gap was hit perfectly this month at 2589. We are now seeing play above 2589 but will need the month candle to close above this level to open 2702 AXIS target.

Failure to close above this level this month will see a rejection into the channel top for a bounce and a further close below the channel top or 2499 will see a further drop into the channel half line for the next correctional test and bounce.

Each of the lower Goldturn levels below are likely to give re-actional bounces using our shorter time frame idea.

2825 is our final long range/term target on this chart idea and we will look to continue to buy dips using our smaller timeframe ideas rather then chasing the bull form the top.

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX

22 Eyl

Yorum

TYP0 CORRECTION - 2459 NOT 2499 AND 2338 NOT 2388