Goldviewfx

GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOK

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

We have been tracking this monthly chart since OCTOBER 16TH.

As you can see this is playing out as analysed by us for our long-term plans for Gold . MA50 provided the dynamic support for the push up with more than half the targets already done and, as you can see from our projected bars, this is playing out, as analysed and planned.

There is a EMA5 detachment on this chart, which has moved up from 1750 to 1760. We need to keep in mind for a potential retracement zone when planning buys from dips on our smaller time frames. 1865 is our mid to long-term projection on the monthly chart and our projected BARS that we drew on this chart 3 months ago is following the route like we projected.

Using our smaller timeframes allows us to measure the momentum for the levels and range using our Goldturns. This measurement allows us to pick the sweet entries and exits to manage any range swings.


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
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