Goldviewfx

GoldViewFX - DAILY CHART MID/LONG TERM PROJECTION

OANDA:XAUUSD   Złoto / Dolar USA
Hey Everyone,

This is the daily chart idea that we have been tracking for a while. Please see our last two updates below to get upto date with how effectively we have been tracking this.

Our swing range on this chart idea played out perfectly providing the support and the bounce, which we were able to catch using our smaller timeframes keeping this in mind.

We are now seeing price test the weighted resistance level here. Cross and lock above will open the range above. Failure to cross and lock will see another test at the swing range.

We will continue to track this using our smaller timeframes.

MR GOLD

LAST UPDATE
Hey Everyone,

Please review our last update on this chart below so you can see how we have been tracking this chart and to get upto date with our chart flow.

We are now seeing price into the swing range after ema5 locked below the axis support level we highlighted on the chart. This played out as analysed with level to level tracking.

We are now in the swing support range on the daily chart 1883 - 1866. We are expecting reaction in this range and will use our smaller timeframes to trade this level to level.

MR GOLD

LAST UPDATE
Hey Everyone,

Please see our Daily chart update that we have been tracking. Price bounced off the resistance structure leaving a long term gap to 1992. The rejection played into the Axis support level.

EMA5 previously failed to break this level, which followed with a bounce back up. If we see EMA5 cross and lock below this level then we are likely to see the range below open up.

The range below will also provide dynamic swings throughout the movement, allowing us to buy dips using the smaller timeframes.

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
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