Pro-Hiram

Consider short XAUUSD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
8
XAUUSD now comes near 0.618, and with AB = CD and Fibonacci 1.618 expansion, you can see 1258-1285 is a very strong gold resistance area, if you can not break through the gold may start to reverse, wait for the signal after we can consider Short gold.

S 1285 above
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.