Long
GOLD MONTHLY LONG TERM RANGE ROUTE MAP ANALYSIS
Monthly Chart Gold (9th Feb 2024)
Dear Traders,
Attached is the updated Monthly Chart Roadmap for GOLD, showcasing our meticulous analysis and 100% target accuracy since October 2023. The Golden Circle areas on the chart emphasize our precise predictions and successful target achievements over the months.
Previous Chart Highlights:
* GOLD successfully hit TP1 (2286.35) and TP2 (2603.46), with the monthly candle closing above TP2.
* EMA5 crossed and locked above the TP2 level at 2603.46, confirming strong upward momentum.
* The EMA5 detachment process was successfully completed.
* The Fair Value Gap (FVG) at 2790 provided robust support, facilitating a push toward higher levels.
What’s Next for GOLD?
This chart update includes revised entry levels, weighted target levels, and two critical GOLDTURN levels: 2742 and 2595. These levels act as strong support zones, where potential reversals may occur. If a reversal happens, prices are likely to retest any of these levels (marked in red) before bouncing back.
Pay close attention to EMA5 near the Entry Level of 2742.55. If EMA5 crosses and locks above 2742.55, it will confirm bullish momentum and make the target of TP1 (2961) achievable with ease. Although short-term bearish movements may occur, the broader picture on the monthly chart suggests a long-term bullish trend. Temporary pullbacks strengthen the trend and provide excellent dip-buying opportunities near support levels, minimizing risk.
Recommendations:
For a detailed understanding of support structures and to identify ideal buying opportunities, refer to our smaller time frame analyses, including weekly, daily, 12H, 4H, and 1H charts. These provide actionable insights while aligning with the bigger picture of long-term bullish momentum.
As always, we’re committed to keeping you informed with daily updates and insights. Don’t forget to show your support by liking, commenting, and sharing this post. Stay tuned for more updates on our Trading View channel.
Trade Safe with Confidence!
The Quantum Trading Mastery
Dear Traders,
Attached is the updated Monthly Chart Roadmap for GOLD, showcasing our meticulous analysis and 100% target accuracy since October 2023. The Golden Circle areas on the chart emphasize our precise predictions and successful target achievements over the months.
Previous Chart Highlights:
* GOLD successfully hit TP1 (2286.35) and TP2 (2603.46), with the monthly candle closing above TP2.
* EMA5 crossed and locked above the TP2 level at 2603.46, confirming strong upward momentum.
* The EMA5 detachment process was successfully completed.
* The Fair Value Gap (FVG) at 2790 provided robust support, facilitating a push toward higher levels.
What’s Next for GOLD?
This chart update includes revised entry levels, weighted target levels, and two critical GOLDTURN levels: 2742 and 2595. These levels act as strong support zones, where potential reversals may occur. If a reversal happens, prices are likely to retest any of these levels (marked in red) before bouncing back.
Pay close attention to EMA5 near the Entry Level of 2742.55. If EMA5 crosses and locks above 2742.55, it will confirm bullish momentum and make the target of TP1 (2961) achievable with ease. Although short-term bearish movements may occur, the broader picture on the monthly chart suggests a long-term bullish trend. Temporary pullbacks strengthen the trend and provide excellent dip-buying opportunities near support levels, minimizing risk.
Recommendations:
For a detailed understanding of support structures and to identify ideal buying opportunities, refer to our smaller time frame analyses, including weekly, daily, 12H, 4H, and 1H charts. These provide actionable insights while aligning with the bigger picture of long-term bullish momentum.
As always, we’re committed to keeping you informed with daily updates and insights. Don’t forget to show your support by liking, commenting, and sharing this post. Stay tuned for more updates on our Trading View channel.
Trade Safe with Confidence!
The Quantum Trading Mastery
액티브 트레이드
Trade Active, GOLDTURN KEY LEVEL ACTIVATED AT 2742 to provide support before bullish
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.