GoldViewFX - Daily Chart Gold Projection

23 Jul 2023

Hey Everyone,

Please see our update on the daily chart idea we have been tracking for a while now.

We were able to track and trade the move all the way from the support structure to now testing the resistance structure. We saw the Goldturn trend line and 1914 Goldturn provide strong support for the push up.

Although we finished off last week with some correctional retracement movement down, we are still in a bullish structure and we also have a cross and lock above 1958, which leaves a gap open to 1993 and a longer term projection into the next resistance structure.

If we see a cross and lock below 1958 during this correctional retracement we are likely to see another retest at the Goldturn trendline and potentially 1914 Goldturn support.

We will use our smaller timeframes to track the movement level to level and use it to manage the swings on our longer timeframes.

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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