GoldViewFX - MONTHLY CHART UPDATE

26 בפבר׳ 2023

Hey Everyone,

Please review our monthly chart update. This is still valid and very much in play and gives us an overall picture of what we are likely to see and why.

The monthly chart we have been tracking for a few months now, allowed us to predict and ride the entire Bull run close to its final target zone. Although there's room left above to test the ATH, we were well overdue some correctional retracement, which is taking place this month.

We also had a EMA5 detachment below between the 1832 - 1810 range, which fell inline with the movement down and played out perfectly for the touch. This monthly candle close will be crucial to see if this EMA5 detachment provides the dynamic support to start another Bull run or a test to 1777 for the Goldturn support.

We still have a few days before the month closes and so its crucial to see where we finish off with the monthly close. The room to open a new range below is very close, as we see price play in the central zone of the monthly chart structure.

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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