GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP

Weekly Chart Update

As anticipated, we got the 3482 gap target hit just as projected. Momentum carried further into the final channel top target at 3576, completing the upper channel move.

Current Outlook

🔹 Gap Targets Achieved
Both 3482 and 3576 have now been met. Price action delivered cleanly into these objectives, validating the prior bullish structure.

🔹 Candle Body Close Above 3576
The weekly body close above the channel top at 3576 has now opened the door to the larger 3659 long-term gap target. EMA5 would provide further confirmation if momentum sustains.

🔹 Channel Top Now Key Test
We need to see 3576 - 3482 (channel top) hold as support to confirm the new range zone play. If it holds, the 3659 - 3732 range becomes the next bullish zone. Failure to provide support above 3482 - 3576 will mean the breakout is short-lived, with risk of a swift correction back down.

🔹 Range Support Levels
3576 and 3482 now act as layered support levels to keep the bullish case intact within this range.

Updated Levels to Watch

📉 Support – 3482 & 3576
Key supports for this new range. Holding above 3576 strengthens the case for continuation toward 3659. A failure back below 3576 puts 3482 into play as the next defensive level.

📈 Resistance – 3659
The newly opened long-term gap target. This becomes the next upside objective if structure holds above 3576.

Plan
With 3482 and 3576 achieved, focus shifts to the 3659 gap. The bullish continuation depends on 3576 holding as support. If buyers defend it, the range extends upward into new territory. If not, expect a sharp corrective move back into the prior range.

Thanks as always for your support,
Mr Gold
GoldViewFX