GOL DAILY CHART MID/LONG TERM PROJECTION

Hey Everyone,

Please see our updated daily chart structure, levels and targets.

Price is testing a support structure on the daily chart with some room still left. We are expecting a reaction on this zone, which is also inline with the Goldturn channel support.

We will need to see the channel support break with EMA5 to confirm a structure breakout into the lower range. The break below 1822 will further confirm the breakout from a fakeout.

A new Goldturn formation with EMA5 this week, above the channel support will confirm the reaction for a channel top test above.

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