Hey Everyone,
Weekly Chart Update – Another Clean Rejection + Bounce: Range Still in Play
Just a quick follow up on the ongoing weekly structure. We continue to see incredible respect for levels, with price action playing out exactly as mapped.
After the initial rejection at 3387, we got another test of support at 3281, and once again, the level held perfectly, delivering a clean rejection and bounce. Price is now rotating back upward, currently heading toward 3387, which remains the upside magnet and still open for a retest.
We remain firmly inside the 3281–3387 range, and as long as neither boundary breaks with confirmation, the structure remains our dominant guide.
Updated Structural Notes:
🔹 3281 Rejected Again
Support doing its job to the pip. This latest bounce further reinforces the strength of this level within the weekly channel.
🔹 Back Toward 3387
With 3281 holding once more, price is now tracking toward the 3387 resistance zone, which remains the key level to break for further upside continuation.
🔹 Channel Structure Unchanged
No breakdown below support, no confirmed breakout above resistance. The rising channel remains fully respected, and EMA5 still leans constructive.
Updated Levels to Watch:
📉 Support – 3281
Key weekly pivot tested and held again. Continues to offer solid dip buy opportunities unless decisively broken.
📈 Resistance – 3387
Still our major resistance. It’s been tested and rejected, but remains open for another challenge.
📈 Resistance 2 – 3482
Unfilled gap and broader weekly target. Only comes into focus if we get a proper breakout and hold above 3387.
Plan:
We stay range focused between 3281 and 3387 until proven otherwise. No breakout = no change. Watch for signs of momentum as we approach the top again a confirmed close above could shift the game toward 3482. Until then, structure is king.
Appreciate all the continued support.
Mr Gold
GoldViewFX
Weekly Chart Update – Another Clean Rejection + Bounce: Range Still in Play
Just a quick follow up on the ongoing weekly structure. We continue to see incredible respect for levels, with price action playing out exactly as mapped.
After the initial rejection at 3387, we got another test of support at 3281, and once again, the level held perfectly, delivering a clean rejection and bounce. Price is now rotating back upward, currently heading toward 3387, which remains the upside magnet and still open for a retest.
We remain firmly inside the 3281–3387 range, and as long as neither boundary breaks with confirmation, the structure remains our dominant guide.
Updated Structural Notes:
🔹 3281 Rejected Again
Support doing its job to the pip. This latest bounce further reinforces the strength of this level within the weekly channel.
🔹 Back Toward 3387
With 3281 holding once more, price is now tracking toward the 3387 resistance zone, which remains the key level to break for further upside continuation.
🔹 Channel Structure Unchanged
No breakdown below support, no confirmed breakout above resistance. The rising channel remains fully respected, and EMA5 still leans constructive.
Updated Levels to Watch:
📉 Support – 3281
Key weekly pivot tested and held again. Continues to offer solid dip buy opportunities unless decisively broken.
📈 Resistance – 3387
Still our major resistance. It’s been tested and rejected, but remains open for another challenge.
📈 Resistance 2 – 3482
Unfilled gap and broader weekly target. Only comes into focus if we get a proper breakout and hold above 3387.
Plan:
We stay range focused between 3281 and 3387 until proven otherwise. No breakout = no change. Watch for signs of momentum as we approach the top again a confirmed close above could shift the game toward 3482. Until then, structure is king.
Appreciate all the continued support.
Mr Gold
GoldViewFX
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.