GoldViewFX - WEEKLY CHART UPDATE
Hey Everyone,
Please see weekly chart update that we have been following for a while now
We have been riding this entire movement up level to level using the smaller timeframes.
The weekly candle close two weeks ago knocked on the door of the channel support. Last weeks movement was a crucial challenge to see if this level is rejected or we enter back in the weekly chart Goldturn channel and as you can see we saw a rejection last week on this critical zone.
Our plans to BUY from dips is still in play long term, as we are still in a critical support zone /close to good liquidity zones, however considering we have JACKOSN HOLE this week we need to wait patiently for the right entry. Now that we saw the rejection we need to keep in mind MA200 is also looming below and JACKSON HOLE may provide the momentum for a MA200 touch.
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Please see weekly chart update that we have been following for a while now
We have been riding this entire movement up level to level using the smaller timeframes.
The weekly candle close two weeks ago knocked on the door of the channel support. Last weeks movement was a crucial challenge to see if this level is rejected or we enter back in the weekly chart Goldturn channel and as you can see we saw a rejection last week on this critical zone.
Our plans to BUY from dips is still in play long term, as we are still in a critical support zone /close to good liquidity zones, however considering we have JACKOSN HOLE this week we need to wait patiently for the right entry. Now that we saw the rejection we need to keep in mind MA200 is also looming below and JACKSON HOLE may provide the momentum for a MA200 touch.
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
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