Goldviewfx

GoldViewFX - MONTHLY CHART LONG TERM OUTLOOK

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hey Everyone,

Please see update on the monthly chart idea that we have been tracking for a few months now. The Goldturn channel (our own unique way to draw channels) is also being respected throughout.

We stated this month was due a bounce from the half line after last months ema5 detachment touch below - This played out perfectly with a nice bullish candle currently open with a day left for month close.

We have until tomorrow to see how this chart candle closes for the month. We will have a new monthly candle start Tuesday. This new months candle has the potential to determine the path for another push up. Its a monthly chart so expect swings in-between to be managed on our smaller timeframe analysis shared on the related posts below.

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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