IDEA XAUUSD - PRICE CORRECTION
XAUUSD
We expect a price correction, up to the area marked in the image (1892 approx.).
It would coincide with a 50% fibonacci retracement, and with the break of the support.
The price of the xauusd, has dropped about 300 pips, so it is now playing a small correction before continuing to decline.
We expect a price correction, up to the area marked in the image (1892 approx.).
It would coincide with a 50% fibonacci retracement, and with the break of the support.
The price of the xauusd, has dropped about 300 pips, so it is now playing a small correction before continuing to decline.
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.
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.