GOLD DAILY CHART ROUTE MAP UPDATE

Daily Chart Update – Goldturn Channel Analysis

Hey Traders,

After successfully completing our previous Daily chart projection, we’re excited to share our latest Goldturn Channel update and Daily chart idea, our proprietary method of identifying structural turning points within Golds ascending channel formation.

Price action has now reached the upper boundary of the Goldturn channel, following a precise move to the 3866 target, triggered by the body close above 3776. With a new body close above 3866, we now have the 3959 gap open.

The 3866 channel top area remains a critical inflection point:

A confirmed EMA5 cross and lock above the channel top would strengthen the bullish breakout structure.

Conversely, an EMA5 rejection or close back below this level may indicate a fake out or short-term exhaustion.

On the downside, 3766 now acts as the nearest dynamic support, while 3683 aligns with the channel midline and remains a key structural pivot should deeper correction unfold.

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