XAUUSD GOLD SPOT : Shooting to the Moon?? Fibonacci Analysis
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GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY from there towards 1740 region and possibly beyond.
As always, feel free to comment any thoughts, I will welcome any discussion = )
Regards,
GOL D ROGER
GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY from there towards 1740 region and possibly beyond.
As always, feel free to comment any thoughts, I will welcome any discussion = )
Regards,
GOL D ROGER
Trade closed: target reached
Gold had a Fib Level rebound @ 0.786 level validating it as support.Amazing! Trade went as expected, I hope y'all made some profits with me = )
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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.