GOLD MONTHLY CHART LONG TERM ROUTE MAP ANALYSIS

Monthly Time Frame Analysis for GOLD
Dear Traders,

Attached is the Monthly Chart Route Map for GOLD. Since October 2023, we have consistently analyzed and traded GOLD with 100% target accuracy. The Golden Circle areas marked on the chart highlight our precise analysis and successful target achievements.

Key Highlights:

* After successfully hitting TP1 and TP2, the candle has closed above TP2.
* EMA5 has crossed and locked above the TP2 level at 2603, confirming upward momentum.
* The EMA5 detachment process has been completed successfully.
* As previously noted, the Fair Value Gap (FVG) provided robust support at 2535, facilitating the upward push.

What’s Next for GOLD?
Based on these confirmations, we anticipate hitting TP3 this month. However, we have identified two significant GOLDTURN levels at 2702 and 2603.

In the short term, we may see some bearish movements, but the monthly chart reveals the bigger picture: a sustained long-term bullish trend. This kind of temporary reversal strengthens the bullish trend and offers an excellent opportunity to buy at dips near support levels, reducing risk.

Recommendations:
To understand the support structure in greater detail, refer to our smaller time frame analyses, which will help you identify optimal dip-buying opportunities while keeping the long-term gaps in mind.

As always, we’ll keep you updated with daily insights. Don’t forget to check our analyses on weekly, daily, 12H, 4H, and 1H time frames.

We appreciate your continued support! Please show your encouragement by liking, commenting, and sharing this post.

The Quantum Trading Mastery