XAUUSD conflation of ichimoku cloud and fibonacci retracement
the 4hr candle bar drop below the ichimoku cloud threshold suggested a significant drop after bullish exhaustion and release of the coronavirus news, a further drop is highlighted by the fibonacci retracement as 1577 support is broken with impending bar consolidation accentuating the drop
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.