XAU/USD
XAUUSD
Possible correction to 0.786 fib. retracement (0.382) of 1711 price low.
and possible down to 0.618 fib.
.
.
.
why have 2 targets? bacause at this price high at 1 fib.projection and possible correction at 0.786 ( 0.382(1 - 0.618)) and 0.618 (1 - 0.382).
i use this leading indicator for target prices on future.
SELL 1737, SL 1747, TP 1730, TP 2 1723,54.
.
.
.
*NOT 100% accurate, you must use your tradingpang. my analysis for you to learn.
XAUUSDPossible correction to 0.786 fib. retracement (0.382) of 1711 price low.
and possible down to 0.618 fib.
.
.
.
why have 2 targets? bacause at this price high at 1 fib.projection and possible correction at 0.786 ( 0.382(1 - 0.618)) and 0.618 (1 - 0.382).
i use this leading indicator for target prices on future.
SELL 1737, SL 1747, TP 1730, TP 2 1723,54.
.
.
.
*NOT 100% accurate, you must use your tradingpang. my analysis for you to learn.
Note
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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.