Gold Spot / U.S. DollarUpdated 1254.. next support for XAUUSD ?
2 different AB=CD converge at around 1254... looks promising ?
Note
1254 is also 23.6 % retracement of the last leg on the daily XAUUSD chart !Note
looks like we are slowly inching towards 1254 area ...Trade closed: target reached
buy initiated at 1254 just as predicted :)
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Disclaimer
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.