Gold Spot / U.S. Dollar
Long
Updated

XAUUSD what a bullish.....

52
snapshotAfter hitting the sell limit at 2499, the Fibonacci target was adjusted based on the candle's movement and aimed at the 161 Fib level for a long position. Surprisingly, it reached the 678 Fib level, which was beyond my expectations.
Trade closed: target reached
286 pips & need a break 😮‍💨
Note
My method only uses Fibonacci extensions and Fibonacci retracements, combined with OB (common OB, unmitigated shadow, fair value gap) on valid lows/highs. If you master this technique and combine it with SMC theory, I assure you, it will simplify your strategy and save time on analysis with precise entry and TP levels. Happy trading 😄

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