MasterChad007

Gold at full extension

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Analysis: Gold on its Fibonacci extension has reached full exhaustion. Currently sitting around its physcological level 1490, this too being the 23.6% Fib Retracement level. This too being the long-term outlook currently.

Massive in terms of gaining understanding of golden levels. If one does not understand certain importance around key levels, then one will never gain full depth in their trading decisions.
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