TradingView
Fx46
May 25, 2023 1:47 AM

XAUUSD 2023 05 25 Preparing for Long Long

Gold vs US DollarPepperstone

Description

As you can see, XAUUSD in on the way to PRZ which is the end of B wave.
And...the special thing is : 2 Fibonacci retracement and extension from different degree almost precisely meet at 1951.77 and 1951.91.
And the other one is determined at 1953.46.
Interesting!

So...let's prepare for a Long position today.
After we have confirmation, I will update this idea with the target. Meanwhile, I can tell you if the PRZ really to be reached, then the target will be between 1966 to 1967.5.

OK...
Wish you all have a very good luck, and book a lot of profits.
Thank you. Have a nice happy day.
And God bless you all.

Order cancelled

Comment

PRZ not reached. Cancelled.
More