Another great day of trading with our next target at 2037 now complete as highlighted by the arrow on the chart from Sunday. Clean calls and with the strategy to buy dips allows us safe entries from the dips to support for the ride up.
We have 2049 as the structure resistance to complete the range. However, we will only chase from dips and not from the top, as we play close to the ATH..
ur long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold this year. Patience is key as swings are expected.
BULLISH TARGETS 2017 - DONE 2028 - DONE
EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49 2037 - DONE
BEARISH TARGETS 2005 - 1999 -
EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE
SWING RANGE 1979 - 1967
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!