GOLD DAILY CHART ROUTE MAP

Daily Chart Update

3564 Target Hit, Fresh Gap at 3683 & Breakout Confirmation

As projected in our previous update, the 3564 target has now been reached perfectly following EMA5 lock confirmation above 3433. This milestone completes the initial breakout structure and validates the bullish momentum sequence laid out earlier.

With 3564 achieved, price action has now opened a long-range gap toward 3683. The EMA5 cross and lock above 3564 provides strong continuation evidence, but we must now monitor whether support can be sustained above the channel top. A successful hold here will confirm continuation higher; however, a break back within the channel would classify this as a fake breakout attempt.

Current Outlook

🔹 3564 Target Reached
Upside momentum played out as expected, with EMA5 lock above 3433 providing early confirmation. The move delivered a clean hit of the 3564 target zone.

🔹 Next Objective – 3683
Momentum now extends toward 3683, with EMA5 lock above 3564 giving weight to this projection. Sustaining price above the channel top remains crucial to validating the next leg higher.

🔹 Breakout Validation Needed
Continuation depends on maintaining support above channel resistance. Failure to hold here risks invalidating the breakout and shifting price back into the prior range.

Updated Key Levels

📉 Support – 3272 (pivotal floor)
📉 Short-Term Supports – 3433 & 3564
📈 Resistance / Next Upside Objective – 3683


Thanks as always for your continued support,
Mr Gold
GoldViewFX