XAUUSD H4 Short Idea
The bullish swing stopped around 2500 ,and is going to retrace down , so i believe its first target is support zone around 2350, which has confluence with 38.2% fibo retracement, then we will have 2nd support zone around 2150 which is at the same level as 61.8% retracement zone .
Note
The first target nearly met ,next stop would be around 3225, i think price would have a correction then and after, we will look for more drop and 3150 target...Note
sorry about mistype, the numbers are 2225 and 2150
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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.