On my previous post I stated that if XAUUSD hits 1826 the pairing would continue long to the price of 1835, and it hit perfectly!
Using the same Fib channel, I am expecting the price to continue upwards until 1841 and potentially 1850+ if the 1841 channel is broken.
Based on my most previous posting, I am eventually expecting the pairing to go bearish .
A safe sell buy-in would be around the price 1832 or .5 on the Fib scale potentially down to 1810 or .786 with a support area around 1780.
I will keep you updated. Happy Trading.
Using the same Fib channel, I am expecting the price to continue upwards until 1841 and potentially 1850+ if the 1841 channel is broken.
Based on my most previous posting, I am eventually expecting the pairing to go bearish .
A safe sell buy-in would be around the price 1832 or .5 on the Fib scale potentially down to 1810 or .786 with a support area around 1780.
I will keep you updated. Happy Trading.
Trade active:
1841 TP reached, now lets see if the channel is open to 1850.
1843-1844 would be a safe buy indicator for me.
1843-1844 would be a safe buy indicator for me.
