Prive navigation chart for gold

This is Gold ounce price navigation chart based on channels from previous 50 years for the next 2.5-5 years. Lines are labeled accordingly, upcoming weekly developments and explanations will be updated in comments.

The rectangular boxes are clusters of interest for longs and shorts/ position squaring and commitment for further price continuation/ reversal on the weekly time-frame. The heights of rectangles is NOT random.

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Hover over the Note tags to read the text on chart.

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Hover over the colored channels to bring them in foreground with respect to the price line.

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Important levels above 1230 to be observed are 1270-1280, 1280-1295 first. derived from the chart above.

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July 2017, price has crossed a channel holding since 2011 (magenta) to the upside. This makes the following upside levels (as can be seen by zooming in on the chart above ) to be:
1280
1295
1330
1380
1485

Downside might resume sharply if 1256 fails to hold and then the levels on the downside can be seen and will be updated if needed.

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Feb 2018 close can be an important point for Gold, bullish prospects. 1375-1380 represent an important zone. Goodluck

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Price is back in the box 1277-1325. Bullish prospects are significant.

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and bull it is!

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Gold at very important level; near the red line. Bullish.

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important weeks have come. the red dreaded line.
Wish you all prosperous trades

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above inflation non adjusted TL on weekly. Next TL is inflation adjusted and higher (note tagged in chart).
Can you read the level? :)

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Right at the inflation adjusted TL. Borderline is probably 1780. Important weeks. Above monthly chart suggests 1691-1920 zone. Time will tell

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Above 1725 on weekly is significant. Eyes on week close 18-22 May 2020

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1725-2250 is ON