After observation on the daily TF, AU has broken counter trend positioning and looks to be beginning its next move bullish. I am anticipating here a push down between the .5 - 0.618 retracement area {with a possibility of a wick towards the 0.786} before turning around and heading towards our two targets near the -27% and - 0.618 levels. Just an idea let me know what you think!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.