XAU Sell
Updated
On the daily, I see that price is in a downtrend and hit -27 3 TIMES on the daily fib after retracing to 61.8
On the 4HR, I can see that price was trending downward, hit support line for a 3rd time and broke through the 4HR trendline for the buy.
On the 1HR, I see that price has been trending upward. On the last push up, it hit -61.8 on the 1HR FIB, hitting resistance 3 TIMES so far.
CURRENTLY: I am looking to see if price will range a little, hit the -61.8 on minor FIB, and make its way back to the 1HR trend line @ previous resistance level before going back up.
(40 - 80 pips)
On the 4HR, I can see that price was trending downward, hit support line for a 3rd time and broke through the 4HR trendline for the buy.
On the 1HR, I see that price has been trending upward. On the last push up, it hit -61.8 on the 1HR FIB, hitting resistance 3 TIMES so far.
CURRENTLY: I am looking to see if price will range a little, hit the -61.8 on minor FIB, and make its way back to the 1HR trend line @ previous resistance level before going back up.
(40 - 80 pips)
Trade closed: target reached
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