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Short on XAU USD
Gold Spot / U.S. Dollar
Short
Short on XAU USD
By michelrheaume
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Jun 8, 2016
2
Jun 8, 2016
Base on Fibonacci and wave theory, XAU USD reached a critical height of 61,8% retracement.
It as also reached the line the past major summit trend line and the past major bottom trend line.
Furthermore, it as reaches a critical past resistance ( The bigger blue line ).
Due to these multiple factors together, I believe XAU USD should go short.
Please like and follow me if you agree,
Leave a comment if you disagree or have any question!
Fibonacci
Gold
resitance
wave
XAUUSD
michelrheaume
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