Myfxtrading

XAU/USD Keep a close eye on fibo level when price retrace be

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello Trader,

Gold is showing a sign of retracement from 1848 after its first touch on the 4H major resistance level -1856

If price retraced and stable around 1800-1820 level, we may expect an ABCD pattern with target aiming at 1895.

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