Position in price to sell. Taking in consideration Fibo of first movement to extend until 0.50 and seeking last point of sell.
Based on important zones, it could be possible for Gold to reach 1780, and after that go long to neutralized the superior zone.
Expecting high and low movements for this pair (one sell and two possible buys)
Let´s wait what could happen. Let´s see if it get to our fibos.
It's a Demo account. Idea for GBPUSD entering in the RSI value.
In learning process (please be kind). Xau in demo account, not sure about structure.