FiZieFX
Long

Fibo holding as a good support

FX:XAUUSD   Gold/U.S. Dollar
307 4 0
maybe we gonna see a similar move like in the teal box.. so far the fibs are acting as a very good support and resistance we may run into a lilttle bit of trouble but i think the bulls gonna take over considering the PA from last 2 weeks... if so i think 1550 is possible..
isomorph
3 years ago
nope. double top now then re-test of 1,387.0, then attempt higher again with 1,420/22 the key level.
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isomorph
3 years ago
also forgot to mention, the butterfly sell on H4 has now been activated during the Asian session and PA inside the PRZ seems to indicate we are heading down with a theoretical TP @ K-area = 1,374.2/1,373.0
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FiZieFX isomorph
3 years ago
i think we may get a retest on the recent trendline break which at 1385-1380... before resuming up.. with the concern of BIS hong kong dump its gold just to smack the paper gold price down... :D
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isomorph
3 years ago
actually you're right. the damned BIS! ;-)
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