XAU Buy
Updated
D: Downtrend. Retraced to 61.8, hit -27, three times, making a support zone.
4H: Downtrend; retraced to 61.8 @ 4h resistance
1H: Downtrend, retraced to 88.6 on 1H fib and, so far, hit -27 @ previous support
CURRENTLY:
I am looking to see if price will retest the breakout of the zone (or retest minor trendline) and BUY to the monthly level (-27 on minor fib).
(~80 pips)
4H: Downtrend; retraced to 61.8 @ 4h resistance
1H: Downtrend, retraced to 88.6 on 1H fib and, so far, hit -27 @ previous support
CURRENTLY:
I am looking to see if price will retest the breakout of the zone (or retest minor trendline) and BUY to the monthly level (-27 on minor fib).
(~80 pips)
Trade closed: target reached
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