Hi,
Gold has started to show a bearish price action on the strong area around $1,500
XAU/USD has reached into the pretty strong crossing area which consists of:
1. Parallel channel projection
2. Fibo Golden Ratio 625
3. The round number $1,500
4. Bearish candlestick pattern after the rejection on 4H
5. Different Fibo Extensions
It has some room to go higher but we should get a short-term correction downwards.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
Gold has started to show a bearish price action on the strong area around $1,500
XAU/USD has reached into the pretty strong crossing area which consists of:
1. Parallel channel projection
2. Fibo Golden Ratio 625
3. The round number $1,500
4. Bearish candlestick pattern after the rejection on 4H
5. Different Fibo Extensions
It has some room to go higher but we should get a short-term correction downwards.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido