Gold Spot / U.S. Dollar
Short
Updated

XAUUSD - top in?

168
Gold followed Feigenbaum projections nicely with a retracement down to fib -0.6714 before extending higher into blue target zone between fib 3.5699 and 4.6692. Should turn down from here
Trade closed: stop reached
Price decided to continue higher, and not according to my plan.

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.