GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATE

Hey Everyone,

This is an update on our weekly chart idea that we have been tracking and trading for a number of months now.

Please see last update below to keep with the flow of the setup.

We stated last week that we are on track with the long term plans on this chart idea. However the detachment below still pending and as such need to keep this in mind when buying dips this coming week.

- This played out as analysed, as we saw price come down to attach to ema5. We will now assess this in the coming week for dynamic suport from this ema5 attachment.

WE GOT THE DETACHMENT AND THEN THE BOUNCE AS SUGGESTED LAST WEEK AND NOW TESTING THE CHANNEL ENTRY - This is crucial test on the weekly chart. We will either see a rejection here and a failure to break into the channel or a break into the channel to complete the last targets in this range.

We need to keep the above in mind and continue with our plans to buy dips, which will allow us to safely take the bounces from support.

Please don't forget to like, comment and follow to support us, we really appreciate it!

Have a great weekend all!

MR GOLD