GOLD DAILY CHART MID/LONG TERM PROJECTION

Hey Everyone,

This is the DAILY CHART idea that we have been tracking for a few months now and playing out perfectly!

Currently we have cleared all our Bullish targets all the way into 1987 and now testing weighted resistance. A close above 1987 will see the range above open into 2026 and a failure to close above 1987 will see price test the retracement range at 1953 for a bounce.

We highlighted price testing a support structure on the daily chart at 1822 with some room still left and that we are expecting a reaction on this zone. -

- This played out as expected and we got the reaction bounce from 1822 support for a catch using our smaller timeframes all the way into 1987. EMA5 failed to cross below 1822 due to the bounce and therefore no confirmation for the lower range yet.

Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.

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

MR GOLD