XAUUSD - ANALYSIS
Hello my friends
I want to share my views on Gold with you
When we look at gold's history, every time gold hit ATH, it respected 1.414 and 1.618 Fibonacci beautifully and then started pulling back.
If we consider the same scenario for gold, the first target I have for gold is 2550, the second target is 2560, and the final target I have for gold is 2600, which is equal to Fibonacci 1.618.
No trend weakness can be seen in gold, even in lower time frames, avoid selling and look for the best areas to buy gold.
Trade safe
I want to share my views on Gold with you
When we look at gold's history, every time gold hit ATH, it respected 1.414 and 1.618 Fibonacci beautifully and then started pulling back.
If we consider the same scenario for gold, the first target I have for gold is 2550, the second target is 2560, and the final target I have for gold is 2600, which is equal to Fibonacci 1.618.
No trend weakness can be seen in gold, even in lower time frames, avoid selling and look for the best areas to buy gold.
Trade safe
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.