ramin_trader2006

2 Agust= fibo 61% and 161% most important fibo on gold

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
gold pullback to touch fibo 61% and sma200 60 min (green line)
we pick buy now with sl in low , this posation can take 3-4 day so dont close soon it will see 1850 then 1870 so be patient , after 10.00$ (1818) move sl to open price,let it go

note =you can pick 2nd buy near big trend 1800 (if go down) with sl in low

COT DATA=net open order on gold futures GC1! by big banks(CFD broker) and fund money managers , banks have 200.000 lot open buy now
prnt.sc/1idsavo
good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.