GoldViewFX - Monthly Chart mid/long term projection.
Hey Everyone,
Please see our monthly chart update, which we have been tracking for a while now. This has been playing out perfectly allowing us to use the smaller timeframes to pick the entries and exits.
We are now seeing the new monthly candle open last week, which went for the detachment to ema5 below and and now bounced back. 1987 Axis looks good for a test this month.
EMA5 and price is sitting above the channel half line giving us confidence for the longer term movement into the channel top for a retest. A break below the half-line will open a correctional re-test to 1878 for support. We will keep the above in mind when planning entries and exits using our smaller timeframe chart ideas.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Please see our monthly chart update, which we have been tracking for a while now. This has been playing out perfectly allowing us to use the smaller timeframes to pick the entries and exits.
We are now seeing the new monthly candle open last week, which went for the detachment to ema5 below and and now bounced back. 1987 Axis looks good for a test this month.
EMA5 and price is sitting above the channel half line giving us confidence for the longer term movement into the channel top for a retest. A break below the half-line will open a correctional re-test to 1878 for support. We will keep the above in mind when planning entries and exits using our smaller timeframe chart ideas.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and 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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