XAU/USD 1HR Fibonacci Retracement
Just as my mentor Swaggy C says "price doesn't retrace off a key level, it's actually a reversal" Price reverses of 1825.000 "Pysch level" and is obviously going down but still these pysch level have so much power in price, and there is a big chance that price might continue heading down or up (do not have one specific bias to the market, because price can do anything!) But since it hasn't taking the first Lower high out, i'm still looking to go short using these Fibonacci levels as my entry and take profit points
But i am still new to this whole world of trading
Thank you
But i am still new to this whole world of trading
Thank you
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.