Goldviewfx

GoldViewFX - END OF WEEK UPDATE

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Another great day today finishing of our week strong.

The retracement range on our 1H chart has been playing out all week giving plenty of entries and exits (SEE BELOW)


WEEKLY CHART LAST UPDATE
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.
- This is playing out as expected and now I would love to see if we finish of todays weekly candle above the 1928 level. Although we remain Bullish long term, we will need to keep in mind the ema5 detachment we now have two weeks running, which leaves room for a retracement down.

We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week.

Hope you all have a great weekend and please don't forget to like, comment and follow to support us, we really appreciate it and it helps us to continue to share regular updates and content with you all.

GoldViewFX
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