Gold Spot / U.S. Dollar
Aktualisiert

GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP

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Hey everyone,

Please take a moment to review our long term weekly chart roadmap.

After multiple tests around 4519, leaving small candle body closes, we highlighted a significant long-range gap open at 4799.

As projected, price responded with a surge of over 1,000 pips, unfolding precisely as outlined. Importantly, the full gap is still open. Given the current volatility, the higher probability approach remains trading from the dips, not chasing price at the top using our smaller, multi-timeframe route maps for precision.

The safest way to pursue extended-range targets is through position building from pullbacks, riding the wave in a way that progressively reduces risk and allows the trade to become effectively risk free.

Discipline, patience, and structure continue to lead the way.

We’ll keep these long range timeframe structures in mind as we continue with our plans to buy dips.

We will keep you all updated as this chart idea unfolds.

Mr Gold
Trade geschlossen: Ziel wurde erreicht
Snapshot

Hey everyone,

After completing all of our 1H, 4H, and Daily multi timeframe chart ideas, please see our final Weekly chart idea, which was also completed this week.

We started this Week on this chart idea with a body close gap above 4518, targeting the 4799 opening.
This target was hit this week, successfully completing the chart idea.

We’ll be back Sunday with our multi-timeframe chart ideas and our trading plans for the upcoming week.

Have a great weekend, everyone.

Mr Gold

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