XAUUSD is respecting the Fibonacci Channel the most, It ahs broken out from the 2.618 Fibonacci level, will take a pullback and fall more towards the 3.618 level which is near 1725 USD.
Trade closed: target reached
TP hit. Easy 200+ pips.
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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.