XAU/USD 4U LONG

Hey guys,

What do you think of XAUUSD 61.8 has been hit, my first analysis was that the price should go to 1360 now with the fibonacci it comes exactly on the -27.00 which is 90% correct if the price the 61.8% respected
what do you think, first hit the trend line or the rise upwards.
The indicators indicate down momentum can still be strong that it goes first to the trend line.

let me know what you think
4hourFibonacci RetracementTechnical IndicatorsLONGTrend AnalysisXAUUSD

Disclaimer