Goldviewfx

GoldViewFX - DAILY CHART UPDATE

OANDA:XAUUSD   Guld / USA-dollar
Hey Everyone,

Please review our update from last week.

LAST WEEKS UPDATE
Please see the daily chart setup we have been tracking for a few months now. with our final target at 1992 being HIT 2 weeks ago. We now have price close above 1992 leaving a long range gap target to 2026. As mentioned last week we will need EMA5 cross and lock above 1992 to solidify the confirmation for the push up into the higher levels.

We saw some movement down last week to complete the daily chart ema5 detachment that we highlighted on our chart, which was hit perfectly but not the full retracement. We will keep this in mind for potential swings to complete the full retracement. For now the 1992 gap has re-opened again with candle body close above 1968 leaving the gap open.

As you can see the update from last week played out perfectly hitting our final target on the daily chart idea at 2026. We have now updated our daily chart idea with a new extended AXIS TARGET to 2050 with an updated retracement and swing range. We will keep this mind as part of our long term plans to buy dips.

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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