Goldviewfx

GoldViewFX - MONTHLY CHART SETUP

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

This is our monthly chart that we have been tracking all the way up from 1700. This has been playing out to perfection.

We are now at the test zone we identified as the final leg of our run. There is still more room into the test zone at 1976 as a minimum but need to play it extra safe in this range and ease off the gas. As mentioned already on our shorter timeframe analysis , it is better to now pick strategic entries from support levels using our smaller timeframe setups than chasing the bull from the front.

1865 is also the potential retracement range in line with the monthly chart potential EMA5 and price attachment point, as seen historically.

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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