XAUUSD into 1738 Long

Gold / U.S. DollarFOREX.com

Description

⋅ Apr 13, 2021 4:09 AM

Confirmations
1. NEW HL after double bottom.
2. 21 SMA
3. 61.8 Fib lvl
4. Price is reacting on this lvl

Comments

thepream

⋅ Apr 13, 2021 1:14 PM

At this point we where right on direction and wrong on timing. Maybe next time

soulful1234

⋅ Apr 13, 2021 4:25 AM

i believe we still bearish till 1650 or 1600..based on the dxy increasin nd the yields Targetin 2%

thepream

⋅ Apr 13, 2021 5:41 AM

@soulful1234, Yes i agree now. Was thinking maybe the 4hr 38.2 Fib can hold :)