Gold potential break to downside
Updated
XAUUSD ABCD pattern. Price find it C-Retracementat FIB 61.8%. As we can see the price are going consolidation/sideway, However the price broke my CTL and now the price are finding a nice level to retrace to go back down to my D-extension level.
Expecting the price will find it resistance arouond 1255.0 - 1259.0.
Let see how it goes and happy trading guys.
Expecting the price will find it resistance arouond 1255.0 - 1259.0.
Let see how it goes and happy trading guys.
Trade active
Price find it barrier on FIB 61.8%. Nice Risk & Reward. Go for short for XAUUSD
Trade closed: stop reached
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