ZakariaZaria
Short

Xau/Usd chart analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The 1726 level is the Fibonacci 0.618 level where I believe it will reverse to test the 1740 level (fib retracement 100% level) once it breaks pass the support zone again. Short at the 1740 levels if it falls back into the trend of the falling wedge .

Comments

Nice triangle, time will tell if it will break out above or below.
+1 Reply
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