Dara84

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About me Working in the financial industry for a major bank & here to expand my knowledge on technical analysis & share ideas with like-minded people.
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Dara84 Dara84 XAUUSD, D, Short ,
XAUUSD: Uptrend to be continued after the corrective movement
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XAUUSD, D Short
Uptrend to be continued after the corrective movement

The combination of 3 different Fibonacci retracements brings me to the conclusion that the gold market remains bullish, with a short-term bearish correction in the immediate future. Allow me to explain: If you take a look at the first retracement from early June (in blue), you will notice that the breakout occured in the golden ratio region, & went way beyond ...

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