XAUUSD GOLD SPOT : Shooting to the Moon?? Fibonacci Analysis
Updated
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GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY from there towards 1740 region and possibly beyond.
As always, feel free to comment any thoughts, I will welcome any discussion = )
Regards,
GOL D ROGER
GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY from there towards 1740 region and possibly beyond.
As always, feel free to comment any thoughts, I will welcome any discussion = )
Regards,
GOL D ROGER
Trade closed: target reached
Gold had a Fib Level rebound @ 0.786 level validating it as support.Amazing! Trade went as expected, I hope y'all made some profits with me = )
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