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ScottCoyle
Jul 3, 2019 12:28 PM

XAUUSD - Fakeout or Breakout? 

Gold/U.S. DollarFXCM

Description

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?
Comments
DACapitalTrading
Nice trade and Analysis, don´t forget to leave us a like aswell mate :)
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