GOLD Reversal or Continuation? Key Levels & Fibonacci! | TradeWithMky Miracle
Description:
Gold (XAU/USD) is at a critical level! 📊 The price is testing the 61.8% Fibonacci retracement, and a potential reversal is forming. If the price confirms a strong bearish rejection, we could see a move down to the 3,074.612 target. 🔻 However, a breakout above 3,149.644 with strong confirmation could continue the bullish momentum. 🚀
🔹 Key Analysis:
✅ 61.8% Fibonacci rejection area
✅ Potential bearish structure formation
✅ Strong resistance at 3,149.644
✅ Target at 3,074.612 (TP1)
💡 What do you think? Will gold continue its bullish trend or start a bearish correction? Let’s discuss in the comments! 👇🔥
#Gold #XAUUSD #Trading #Forex #Crypto #PriceAction #Fibonacci #TechnicalAnalysis #TradeWithMky #MiracleStrategy
Description:
Gold (XAU/USD) is at a critical level! 📊 The price is testing the 61.8% Fibonacci retracement, and a potential reversal is forming. If the price confirms a strong bearish rejection, we could see a move down to the 3,074.612 target. 🔻 However, a breakout above 3,149.644 with strong confirmation could continue the bullish momentum. 🚀
🔹 Key Analysis:
✅ 61.8% Fibonacci rejection area
✅ Potential bearish structure formation
✅ Strong resistance at 3,149.644
✅ Target at 3,074.612 (TP1)
💡 What do you think? Will gold continue its bullish trend or start a bearish correction? Let’s discuss in the comments! 👇🔥
#Gold #XAUUSD #Trading #Forex #Crypto #PriceAction #Fibonacci #TechnicalAnalysis #TradeWithMky #MiracleStrategy
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.
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.