XAUUSD

Updated
Hello traders.

Gold is obviously very bullish.


But there is a monday-openingg gap which may be filled for equilibrium reasons and net positions.


I believe that gold is at the perfect level for a sell trade regarding retracement.

However, I am more into longs from key support areas combined with fibonacci level of 0.618 and 0.5.

Trade closed: target reached
+110 pips.

Awaiting the longs to open.
Beyond Technical AnalysisFibonacciSupport and Resistance

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