Gold H4 | Approaching 61.8% Fibo resistanceGold (XAU/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target.
Entry: 2,088.15
Why we like it:
There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level
Stop Loss: 2,146.15
Why we like it:
There is a swing-high resistance level
Take Profit: 2,019.71
Why we like it:
There is a pullback support level
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