Hey Everyone,
Please see our updated weekly chart analysis.
As you can see our long-term plans on the weekly chart is playing out perfectly. Although we are Bullish long term, we identified EMA5 detachment below, which was attached last week on the retracement, as expected and analysed by us, followed with the push up once again.
This area of resistance that price has challenged; historically always tested more than once and then eventually broken to the upside, otherwise followed with a huge drop down, which we currently can't see.
This is our long-term view, so we will keep this in mind while tracking and trading the movement level to level on the shorter timeframes.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
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