Hey Everyone,
Please see our Daily chart idea, which had a strong candle body close above the 5030 axis level on Monday opening the long-range upside target at 5198.
On Tuesday, we saw a small corrective move back to test the EMA5, which acted as dynamic support. The bounce from EMA5 aligned perfectly with our plan to buy the dips, supporting continuation of the upward push.
Following Monday’s confirmation close, price delivered a move of over 500+ pips, reinforcing the bullish structure. A daily EMA5 lock above 5030 would further strengthen the bullish gap above and increase the probability of filling it.
We will continue to update as the chart structure unfolds.
Mr Gold
Please see our Daily chart idea, which had a strong candle body close above the 5030 axis level on Monday opening the long-range upside target at 5198.
On Tuesday, we saw a small corrective move back to test the EMA5, which acted as dynamic support. The bounce from EMA5 aligned perfectly with our plan to buy the dips, supporting continuation of the upward push.
Following Monday’s confirmation close, price delivered a move of over 500+ pips, reinforcing the bullish structure. A daily EMA5 lock above 5030 would further strengthen the bullish gap above and increase the probability of filling it.
We will continue to update as the chart structure unfolds.
Mr Gold
Trade attivo
Following our previous update, after the initial push higher, we saw another controlled pullback, this time dropping just above the channel halfline, an area that consistently provides a reliable swing zone within trend structure.
That reaction just above the halfline once again respected the internal channel dynamics and offered a technical swing area, which was then followed by today’s upward move.
This keeps the structure constructive and technically aligned with our route map.
Price is now heading back toward the 5030 axis for a retest, a level that was already successfully completed once before. A firm close and hold above this axis will continue to support the bullish continuation.
As previously outlined:
Monday delivered a strong candle body close above 5030.
Tuesday provided a shallow EMA5 corrective move.
EMA5 acted as dynamic support.
The structure produced a 500+ pip expansion move.
Now, with the reaction off the channel halfline and the renewed push upward, the technical flow remains intact.
Key Levels in Focus:
5030 Axis – Immediate retest area
5198 Long-Range Gap – Still open and remains the larger upside magnet
We must continue to keep in mind the longer-range imbalance sitting above at 5198, which remains unfilled on this chart and serves as a structural target while bullish conditions persist.
We will return Sunday with our updated multi-timeframe route maps and detailed trading plans for the week ahead.
Have a great weekend all.
Mr Gold
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
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We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
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or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
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We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.