Possible retracement for XAUUSD
Updated
XAUUSD had an intense US session as eyes were on the Jackson Hole Symposium. The DXY along with gold soared while European currencies took a dip. While a move to 1926 is definitely in the cards, I wouldn't be shocked to see a small retracement down to the indicated fib level before returning bullish in the Asian and London session.
It could charge straight to 1926 however.
It could charge straight to 1926 however.
Trade active
Opened a small buy on 1912.7. Will close around 1923.Trade closed: target reached
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