Longing 
XAUUSD based on a fib pullback to 618 level. Looking at long positions, with entry at 1295 till 1345. Will be analysing price action before any entries.
Expecting this trade to go up to 1.414 or even 1.618 on fib extension which will allow us to bag a nice 500 pips +
Happy Trading.
XAUUSD based on a fib pullback to 618 level. Looking at long positions, with entry at 1295 till 1345. Will be analysing price action before any entries.Expecting this trade to go up to 1.414 or even 1.618 on fib extension which will allow us to bag a nice 500 pips +
Happy Trading.
Trade closed manually
Looks like first target is reached. With DXY gaining strength from NFP on Friday, my bias on this has now changed to short positions for the coming months.
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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.