UnknownUnicorn3397093

XAU/USD - It Could Be Bullish

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
It is a 5th-wave of an impulse. we expect that price rise to the 61.8% Fib Extension of 3th-wave. But it is possible to have a movement beyond this point and reach to the 78.6% Fib Extension level. Base on Fib Speed Resistance fan it could take 2d 4h for the price to rise to the 61.8% level and 4d to reach to the 78.6% level.
Trade closed: target reached
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