Buy to Sell Gold (XAU/USD)
Target hit!
On the 14/02/22 price retraced almost to fib level 0.382 and reached target of 25 pips.
Today, 15/05/22 I will be looking for sells if price break structure, which in this case would be the previous HL and at the HH (daily time frame).
If price break it should be a confluence with MACD and the price is also in a relevant resistance zone.
Note: another confirmation for sell would be if the price breaks the support zone / 0.5 fib level.
On the 14/02/22 price retraced almost to fib level 0.382 and reached target of 25 pips.
Today, 15/05/22 I will be looking for sells if price break structure, which in this case would be the previous HL and at the HH (daily time frame).
If price break it should be a confluence with MACD and the price is also in a relevant resistance zone.
Note: another confirmation for sell would be if the price breaks the support zone / 0.5 fib level.
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