Hey Everyone,
The swing range at 4518 delivered the bounce into the 4624 Goldturn level.
We now have a body close above this level, but we still need an EMA5 cross and lock above 4624 to validate the opening of the gap toward 4754.
For now, price action is range bound between 4518 and 4624, so expect consolidation unless a clear breakout occurs.
We’ll keep you posted.
Mr Gold
The swing range at 4518 delivered the bounce into the 4624 Goldturn level.
We now have a body close above this level, but we still need an EMA5 cross and lock above 4624 to validate the opening of the gap toward 4754.
For now, price action is range bound between 4518 and 4624, so expect consolidation unless a clear breakout occurs.
We’ll keep you posted.
Mr Gold
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