1405 XAUUSD Update after breaking through the blue line
XAUUSD just broke the blue trend line on this Monday.
Right now its not a good idea to open a position to long gold because on 4h chart, price just hit the first red wave' extension Fibonacci 1.618 where price could drop down for a correction.
Assuming price is heading up to make a new high like 1320-1340, it should correct for a higher low before making that happen.
So lets sit and wait.
LESS IS MORE!
Right now its not a good idea to open a position to long gold because on 4h chart, price just hit the first red wave' extension Fibonacci 1.618 where price could drop down for a correction.
Assuming price is heading up to make a new high like 1320-1340, it should correct for a higher low before making that happen.
So lets sit and wait.
LESS IS MORE!
专注黄金和原油
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
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