GoldViewFX - WEEKLY CHART UPDATE
Hey Everyone,
This is the weekly chart we have been tracking and following for our long-term targets and as you can see this is playing out perfectly.
As highlighted last week, we got the EMA5 cross and lock above 1858 with our next target of 1928 HIT last week. The weekly candle failed to close above this level , which may now follow with some retracement but ultimately the last longer range target above remains open, now that we have the cross and lock above 1858.
As you have seen previously, while tracking the weekly chart, we will see swings up and down and a slow climb starting with candle body closes followed with ema5 detachment touches down for retracements, before we get a push up to hit the next targets.
Looking at historical movements in this range, we will keep in mind expected swings down, which have historically been good buying opportunities from the dips
We will use our smaller timeframe setups to navigate and trade this range level to level.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
This is the weekly chart we have been tracking and following for our long-term targets and as you can see this is playing out perfectly.
As highlighted last week, we got the EMA5 cross and lock above 1858 with our next target of 1928 HIT last week. The weekly candle failed to close above this level , which may now follow with some retracement but ultimately the last longer range target above remains open, now that we have the cross and lock above 1858.
As you have seen previously, while tracking the weekly chart, we will see swings up and down and a slow climb starting with candle body closes followed with ema5 detachment touches down for retracements, before we get a push up to hit the next targets.
Looking at historical movements in this range, we will keep in mind expected swings down, which have historically been good buying opportunities from the dips
We will use our smaller timeframe setups to navigate and trade this range level to level.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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