XAUUSD approaching resistance: Gold follow up
Previous analysis (below) caught a top perfectly.
The sharp drop continued through all three sessions.
Now we have the inevitable bounce, ty to N. Korea.
This is just a quick update with resistance zone about to be tested.
If it breaks through with ease, it could continue to next zone easily.
But I suspect the bounce is about done, and down move will continue.
Last Analysis looking for drop:
Bigger picture looking for new high
The sharp drop continued through all three sessions.
Now we have the inevitable bounce, ty to N. Korea.
This is just a quick update with resistance zone about to be tested.
If it breaks through with ease, it could continue to next zone easily.
But I suspect the bounce is about done, and down move will continue.
Last Analysis looking for drop:
Bigger picture looking for new high
Comment:
Beautiful: fib 1.618 nailed it within TWO CENTS! wow
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Comment:
just broke below a tripple fib confluence at 02.14/15
if retest rejects, look out below
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the Golden Ratio is my Religion
the Trading View is my Nation
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the Trading View is my Nation
the Moderator Tag is my Flag
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