ScottCoyle

XAUUSD - Fakeout or Breakout?

FX:XAUUSD   Gold Spot / U.S. Dollar
Lots going on here. NFP will put price into place on Friday. Hopefuly will see price come back to the Fibonacci at .78 by tomorrow at the latest. This may very well help indicate price movement to either see a bounce from the .78 region on the Fibonacci to $1450 or price diving down potentially back into that channel. This could just be a fake breakout or could be the real deal. Being patient for now. What do you think?
Nice trade and Analysis, don´t forget to leave us a like aswell mate :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out