Here we can see clearly the next move for GOLD today,
* We look to SELL at our EP ( blue line),
* 2 negative daily performance in succession,
*Level close to 78.6% pullback level of 1785b found buyers,
*The move higher is mixed & volatile, common in corrective sequences,
* A fib confluence area is located at 1760,
*A break of yesterdays low would confirm bearish momentum,
* With Last Major Fundamental News of the year 2022, being released today (USD Core PCE Price Index m/m) at 1:30pm GMT London Time Zone,
* We should be expecting Big moves for all Major pairs against USD.
*We've got our EP (blue line) & our TP (golden lines),
*Keep a close eye on XAUUSD today,
*Happy pip hunting traders,
FXKIllA.