Gold Weekly Chart UPDATE

Hey Everyone,

Please see update on the weekly chart we shared earlier this week. Price has broken out of the channel support into the weekly chart swing range.

Our 1H Chart swing range was completed today and has now broken further down with todays momentum. We are expecting some reaction in this weekly chart swing range zone to pick up buys. Dipping in and out with tight risk to manage any positions in the 1H swing range

As stated before, this is a crucial support test area, where we will either see a strong bullish recovery up from this level or some consolidation in this range.

We will update our 1H range tomorrow and share accordingly.

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MR GOLD