After travelling on the overbought region for some time, it seems XPDUSD is now ready to retrace. We just touched the 0,618 angle of the fib speed resistance and already heading south. First target on 0,5 angle around 620's coinciding with last peak, and secondary on the 0,382 on the 600's. Wait for your signal and enjoy the short.
All precious metals are on this same trend. Check my idea on XPTUSD and watch how XAUUSD will follow this week.
All precious metals are on this same trend. Check my idea on XPTUSD and watch how XAUUSD will follow this week.
Comment:
Sometimes I publish but the position is placed as a stop sell/buy, which was the case this time. As the position never triggered, I wasn't stopped and will wait again for my signal to enter (at higher price)
