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XAUUSD 27.02.2024
Gold Spot / U.S. Dollar
Short
XAUUSD 27.02.2024
By Rockersgeng
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Feb 27, 2024
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1) AO signals a potential LH formation, suggesting impending divergence and weakening upward momentum.
2) My strategy focuses on identifying optimal selling levels. I utilize tools like trendlines and Fibonacci retracement for this purpose.
3) Specifically, I prefer using Fibonacci levels 1.236 and 1.618 to pinpoint potential selling opportunities.
4) These Fibonacci levels often coincide with trendlines and Support and Resistance (SnR), providing additional confirmation for my selling decisions.
Technical Indicators
Trend Analysis
Rockersgeng
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