XAUUSD Retracement
XAUUSD at 1d timeframe can be judged at Fib retracement
PLAN A
0.286 level ===1875 is very important level to watch . if this is strong support tested few times and go above 1950 then the Bull run will continue so make an entry after multiple testing at 1875 levels and ride it till next resistance levels or the bull run continuation
Entry @ 1880
SL @ 1875
TP 1890 1900 1920
PLAN B
0.382 level == 1826 is the next strong support level
If it gets tested multiple times then
Entry @ 1835
SL @ 1827
TP @ 1845 1850 1870
PLAN C
Falles below FIB 0.5 level i.e below 1780 then get ready for Bear run and to short it
PLAN A
0.286 level ===1875 is very important level to watch . if this is strong support tested few times and go above 1950 then the Bull run will continue so make an entry after multiple testing at 1875 levels and ride it till next resistance levels or the bull run continuation
Entry @ 1880
SL @ 1875
TP 1890 1900 1920
PLAN B
0.382 level == 1826 is the next strong support level
If it gets tested multiple times then
Entry @ 1835
SL @ 1827
TP @ 1845 1850 1870
PLAN C
Falles below FIB 0.5 level i.e below 1780 then get ready for Bear run and to short it
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.