XAUUSD (GOLD) Possible Gold Short
Updated
POSSIBLE GOLD SHORT OPPORTUNITY AS I SEE A VERY HEAVY LEVEL OF RESISTANCE.
Scenario 1. Gold will fall down to SL until it's meet Fibbonaci 0,382 if it past through that it means it will still go on until 0,618.
Scenario 2. Gold will still fall down until SL and then make a rebound for a while and will go down trend cause in the fibonaci it is already high and on RSI is on overbought.
MANAGE YOUR RANGE RISK ACCORDINGLY ON YOUR OWN, IT IS MY OPINION IF IT OPPOSITE FROM THE PREDICTION, DO NOT BLAME OTHER.
Scenario 1. Gold will fall down to SL until it's meet Fibbonaci 0,382 if it past through that it means it will still go on until 0,618.
Scenario 2. Gold will still fall down until SL and then make a rebound for a while and will go down trend cause in the fibonaci it is already high and on RSI is on overbought.
MANAGE YOUR RANGE RISK ACCORDINGLY ON YOUR OWN, IT IS MY OPINION IF IT OPPOSITE FROM THE PREDICTION, DO NOT BLAME OTHER.
Note
It's look like my prediction come out true, happy pips making guys!
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