Fx-Nature

[Monitor] XAUUSD - hasn't tested SR yet...possible movment

Fx-Nature Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
8
Key area:
1262,50 -1265
Technically:
- Geometrical AB=CD (box)
- Harmonic ABCD (1,618 of AB)
- 0,618 retracement of last swing
- Bearish butterfy pattern
- Critical SR zone

Then I expect some pullback, with more potential upward movement.

I will post updates in this topic .

Trade responsibly.

Comment:
Possible buy in 1242-1244 area...with TP in area of our interest (1262-1264).
Local Resistance @ 1258
Comment:
Comment:
If 1h chart closes above blue EMA, move stop to BE, otherwise be it may double bottom...watch out!


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.