Fib retracement(0.618) Key Area (Bearish Cycle)

By Forexmaestro121
As we were optimistic on last Friday reversal from $2040-$2042 area that's now at moment 0.618 Fib retracement point as critical point. However ,bullish cycle are aggressive without any indication due to the global political conflicts.$2020-$2042 is the area of consolidation our forecast towards short on medium term till 1982.movever, if $2042 breaks then bullish cycle will be activated properly.
Chart PatternsTrend AnalysisXAUUSDxauusdforecastxauusdideaxauusdsellxauusdshortxauusdupdates
Forexmaestro121

Disclaimer