2712 P3 XAUUSD buying signal is not confirming yet

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

GOLD is meeting a possible pressure line on 1h chart. But this might not stop it to test fibo 618 position first.
On that case, it might test a new higher recent high by breaking through fibo 618 position .

Otherwise, it might be rejected again from fibo 618 positon down to test bottom green support level again.

Either way, GOLD need a new impulse leg to break the box .

Good luck!
Happy New Year!

To become a pro trader, you need more than just Signal!!

Course 50% off for 4 year anniversary.

Free channel:

Consult 联系:

1.Wechat 微信号: ziyuvera

2 Telegram:

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.