Gold Spot / U.S. Dollar
Long
Updated

XAUUSD FIB RETRACEMENT

120
GOLD HAS BEEN GIVING US A 50% - 76.8% RETRACEMENT FOR A WHILE NOW. I WILL WAIT FOR CURRENT RETRACEMENT BEFORE TAKING A BUY ENTRY.
Note
Just as expected. Gold got between the 61.8% and 78.6% retracement before continuation.

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.