XAUUSD - 12-16 July - Fibonacci overview

1825-1827 looks like a key level. It is both Fib50 of 1903 fall and Fib38 of 1678 rise. If price goes above this level, we will be in a bull market again. However if price goes below 1797 level one more time I expect a strong bear market, it will be a free fall to 1740 then to somewhere between 1720-1724.
Disclaimer: This is not a trading advice, please do your own analysis.

تعليق:

Also 200 Day MA at 1828