XAUUSD Possible LONG

Hey guys,

I hope you all have a fantastic week!

I'm a newbie trader so still learning very much, please feel free to get in touch with any tips or advice you may have for me!

I have been analysing XAUUSD on the daily chart using FIB retracements, it has room to move still from its upwards tread but it hasn't broken any major support zones as of yet consistently, still hovering in the 76.4 level. Due to this I believe it will continue to spike before falling short now long after!!!

After all what goes up, must come down!

Please feel free to comment, I love to learn and would love to discuss if you agree or disagree to further my own learning :-)