GOLD DAILY CHART ROUTE MAP UPDATEDaily Chart Update – Follow Up
3776 Target Achieved!!
Previously, we highlighted the importance of a candle body close above 3683, which opened the gap toward 3776. That target has now been hit with precision last week.
With 3776 now achieved, the key focus shifts to the daily close:
A sustained candle body close above 3776 will confirm the breakout and open the path toward 3866, especially if we see the EMA5 cross and lock in alignment.
For now, any rejection at this level would ideally see the channel top act as support, allowing room for a healthy correction while maintaining the broader bullish structure.
However, if price rejects and slips back into the channel, then range-bound play resumes within the channel zone.
Current Outlook
🔹 3683 Target Reached
Our breakout sequence played out with precision, starting from the EMA5 lock above 3564 and extending to complete the 3683 objective.
🔹 3776 Target Completed
Last weeks price action delivered the full upside completion into 3776. Now, new daily close will decide whether the breakout extends further into new ranges.
🔹 Key Inflection – 3776
Close above = breakout expansion toward 3866.
Rejection = retest of 3683 and channel top as support, or deeper channel play if momentum fades.
Updated Key Levels
📉 Support – 3683 & Channel Top
📉 Deeper Support – 3564 & 3433
📉 Pivotal Floor – 3272
📈 Resistance / Next Upside Objective – 3866 (on confirmed close and EMA5 lock above 3776)
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
