XAUUSD - Where to next for gold?
Updated
Most of you who know me know i have been posting this particular chart for months now and 2775 was always the target of current htf range (wicks above expected).
2775 was reached and price backed away from it for the weekly close.
If we look back at previous ranges this could entail a full range retrace back to 2615... first i will be looking for price reaction approx mid range around the 2700 area.
2775 was reached and price backed away from it for the weekly close.
If we look back at previous ranges this could entail a full range retrace back to 2615... first i will be looking for price reaction approx mid range around the 2700 area.
Note
2701.37 hit on my broker plan is in action as predicted.Trade active
Just wanted to post a updated view of the chart as the retracement is playing out as predicted. 2700 area had a minor reaction and prices has continued down.
Trade closed: target reached
Objective Reached
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