FX:XAUUSD   Gold Spot / U.S. Dollar
Once I Notice that MACD Cross Down then I know the Market shift to Bearish Momentun. So directly I draw Fibonacci for the recent Impulse wave on the left of the vertical line wich represent the Crossing of the MACD line with the Zero Line and I take the Fibo Line from Up to down to the previous recent impulse
Disclaimer

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.