Base on Fibonacci and wave theory, XAU USD reached a critical height of 61,8% retracement.
It as also reached the line the past major summit trend line and the past major bottom trend line.
Furthermore, it as reaches a critical past resistance ( The bigger blue line ).
Due to these multiple factors together, I believe XAU USD should go short.
Please like and follow me if you agree,
Leave a comment if you disagree or have any question!
It as also reached the line the past major summit trend line and the past major bottom trend line.
Furthermore, it as reaches a critical past resistance ( The bigger blue line ).
Due to these multiple factors together, I believe XAU USD should go short.
Please like and follow me if you agree,
Leave a comment if you disagree or have any question!