Goldviewfx

GoldViewFX - DAILY CHART UPDATE

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

Please see details below of this daily chart idea we posted on the 23rd of October.


OCTOBER 23RD
Just a quick Daily chart projection on similar chart pattern of March 2021 forming now.

Last time we saw a similar Double Bottom pattern forming like this was in March 2021, which followed with a Bullish movement of over 2000 pips.

We will obviously be tracking and trading the movement level to level on the lower time frames but keeping the potential of a similar long-term breakout in mind.

As you can see the above played out like we projected with the final run close to 1800, in line with MA200 to complete the full run.

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