Hey Everyone,
Weekly Chart Update = Gap Completed, Levels Playing Out Perfectly
Just a quick follow up on the ongoing weekly structure, the precision in level respect continues to be impressive, with price action unfolding exactly as we’ve been mapping.
After the previous bounce from 3281, price moved cleanly back up and completed the gap at 3387 last week, exactly as projected in last weeks post. This time, we now have a candle body close above 3387, which changes the dynamic and leaves 3482 open as a long term upside target. An EMA5 lock from here would further confirm the breakout potential.
Updated Structural Notes:
🔹 3281 Support Holds Again
Textbook reaction. Once again, 3281 provided the perfect launch point, reinforcing its strength as a key weekly pivot.
🔹 Gap at 3387 Completed
Price didn’t just revisit 3387, it closed above it on the weekly candle body. This shifts the bias toward potential breakout continuation rather than another immediate rejection.
🔹 3482 Now on the Radar
With 3387 cleared on a closing basis, the next major upside objective becomes 3482, aligning with the broader channel structure and unfilled weekly target. EMA5 confirmation on the long side could accelerate this move.
Updated Levels to Watch:
📉 Support – 3281
Key long-term pivot and buy zone. As long as this holds, dips remain constructive.
📈 Resistance Turned Support – 3387
Now potentially acting as a base. Watching retests here for hold confirmation.
📈 Upside Target – 3482
Primary long-term resistance now in focus if 3387 support holds and momentum sustains.
Plan:
The breakout above 3387 opens a new chapter for this range. We now watch for confirmation that 3387 has flipped to support. Holding here keeps 3482 firmly in play, while any decisive break back below could send us rotating toward 3281 again. Structure still leads, but bias shifts bullish with this weekly close.
Thanks as always for your continued support.
Mr Gold
GoldViewFX
Weekly Chart Update = Gap Completed, Levels Playing Out Perfectly
Just a quick follow up on the ongoing weekly structure, the precision in level respect continues to be impressive, with price action unfolding exactly as we’ve been mapping.
After the previous bounce from 3281, price moved cleanly back up and completed the gap at 3387 last week, exactly as projected in last weeks post. This time, we now have a candle body close above 3387, which changes the dynamic and leaves 3482 open as a long term upside target. An EMA5 lock from here would further confirm the breakout potential.
Updated Structural Notes:
🔹 3281 Support Holds Again
Textbook reaction. Once again, 3281 provided the perfect launch point, reinforcing its strength as a key weekly pivot.
🔹 Gap at 3387 Completed
Price didn’t just revisit 3387, it closed above it on the weekly candle body. This shifts the bias toward potential breakout continuation rather than another immediate rejection.
🔹 3482 Now on the Radar
With 3387 cleared on a closing basis, the next major upside objective becomes 3482, aligning with the broader channel structure and unfilled weekly target. EMA5 confirmation on the long side could accelerate this move.
Updated Levels to Watch:
📉 Support – 3281
Key long-term pivot and buy zone. As long as this holds, dips remain constructive.
📈 Resistance Turned Support – 3387
Now potentially acting as a base. Watching retests here for hold confirmation.
📈 Upside Target – 3482
Primary long-term resistance now in focus if 3387 support holds and momentum sustains.
Plan:
The breakout above 3387 opens a new chapter for this range. We now watch for confirmation that 3387 has flipped to support. Holding here keeps 3482 firmly in play, while any decisive break back below could send us rotating toward 3281 again. Structure still leads, but bias shifts bullish with this weekly close.
Thanks as always for your continued support.
Mr Gold
GoldViewFX
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.