GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPWeekly Chart Update
Structure Intact: Gap Still in Play
As anticipated, we got the 3387 retest again last week and, just like before, price delivered another body close above 3387. This once again confirms the 3482 gap remains active. We saw a strong push upward, but the market still falls short of fully filling the gap leaving it open and in play.
Current Outlook
🔹 Range Still Active
Price continues to oscillate between 3281 and 3387. The structure remains locked inside this zone until a full breakout develops.
🔹 Support Intact at 3281
The gap support remains unbroken, providing buyers with a key defensive base.
🔹 3387 Reclaimed
We got the retest and another body close above, reaffirming that bulls remain committed and the gap toward 3482 is valid.
🔹 Upside Gap Target Still 3482
Price pushed higher, but the gap remains unfilled. As long as 3387 holds, 3482 remains the key upside objective.
Updated Levels to Watch
📉 Support – 3281
The must-hold level to keep the bullish case alive.
📈 Resistance – 3387
Now acting as reclaimed support on closes, with buyers defending this level for higher continuation.
📈 Upside Gap Target – 3482
Still the larger bullish target, with the gap partially filled but not yet closed.
Plan
Structure remains unchanged, but momentum is building. With repeated body closes above 3387, the path toward 3482 is increasingly credible. Until the gap is fully filled, upside remains open—but if 3281 fails, the bullish outlook risks breaking down.
Thanks as always for your support,
Mr Gold
GoldViewFX
