GoldViewFX - WEEKLY CHART UPDATE

Hey Everyone,

Updated weekly chart that we have been following.

The weekly chart channel support has been broken to the downside and now testing a major weekly chart support zone. 1711 - 1738 zone is a major support area and this is where price is consolidating at the moment. It will be important for us to see how the weekly candle closes for ema5 placement. Taking some long term buy positions within the swing range is looking viable for us. For now managing small positions due to volatility.

The weekly chart is at critical support level and geared for a move up should this level hold.

BULLISH TARGETS
1764, 1796

Retracement Range
1711

SWING RANGE
1687

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