Hey Everyone,
We shared this chart idea last week and as you can all see this is playing out perfectly.
As advised last week, we review all timeframes but don't usually chart on the 2H chart unless it cleans up some of the noise from the 1H chart and helps break down the 4H chart.
LAST WEEKS COMMENT:
If we track this based on previous challenges in this range, then we can potentially expect some retracement up to 1649 - 1654 range to find resistance and then down into the full swing range before swinging back up.
This is now playing out as projected and should this idea complete, we should see the price hit 1667 - 1672 range.
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
XAUUSD TOP AUTHOR