GoldViewFX - WEEKLY CHART UPDATE
Hey Everyone,
Please see weekly chart update.
We have been riding this entire movement up level to level using the smaller timeframes.
As mentioned last week, we were expecting a challenge and ema5 break above 1796 to get back into the weekly chart Bullish structure and just like we said, the challenge is happening now. The weekly candle close last week knocked on the door of the channel support. This week is a crucial challenge to see if this level is rejected or we enter back in the weekly chart Goldturn channel.
Our plans to BUY from dips is still in play, as we are still in a critical support zone /close to good liquidity zones, making it safer to take BUYS with protection. Waiting patiently for the right entry is key to avoid any swing traps.
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Please see weekly chart update.
We have been riding this entire movement up level to level using the smaller timeframes.
As mentioned last week, we were expecting a challenge and ema5 break above 1796 to get back into the weekly chart Bullish structure and just like we said, the challenge is happening now. The weekly candle close last week knocked on the door of the channel support. This week is a crucial challenge to see if this level is rejected or we enter back in the weekly chart Goldturn channel.
Our plans to BUY from dips is still in play, as we are still in a critical support zone /close to good liquidity zones, making it safer to take BUYS with protection. Waiting patiently for the right entry is key to avoid any swing traps.
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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