XAUUSD Trading
Friends according to my previous idea (elliot wave) in the weekly chart, we expect gold to fall here for two reasons
Trend line resistance and 161.8% Fibonacci (1972 to 1978)
Now we are at a critical juncture and gold has broken the resistance of my previous pitchfork (1960) and gold may want to experience a higher level where the targets are marked with a yellow line after than we'll have big drop
XAUUSD
Trend line resistance and 161.8% Fibonacci (1972 to 1978)
Now we are at a critical juncture and gold has broken the resistance of my previous pitchfork (1960) and gold may want to experience a higher level where the targets are marked with a yellow line after than we'll have big drop
XAUUSD
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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.