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Gold Spot / U.S. Dollar
Short
Updated

XAUUSD - Potential reversal zone (Midterm)

168
I will be looking for a sell setup inside red box (0.5retr BC wave + 1.272-1.618ext + AB=CD completion).

Bearish divergence on 1D chart.
Full moon coming very soon. I expect short-midterm trend reversal.

TP1: 1196
TP2: 1177
TP3: 1160

Trade responsibly.
Note
1D view
snapshot
Trade active
Note
Move stops to BE, possible one more up. I am still looking for better entry around 1225-1332 zone.
Trade closed: target reached
TP 1 hit
Fx-Nature
Also on:
FibonacciFibonacci ClusterFibonacci ExtensionFibonacci RetracementGann BoxharmonicmovesHarmonic Patternsmoon

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.
FibonacciFibonacci ClusterFibonacci ExtensionFibonacci RetracementGann BoxharmonicmovesHarmonic Patternsmoon
Fx-Nature
Also on:

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.