GOLD - RETRACE AND IMPULSE TO NEXT RESISTANCE

Long

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Chart Patterns Beyond Technical Analysis Gold goldlong Fibonacci Retracement retracement impulse Forex Fibonacci Extension

trendanalysis chartpattern beyondta gold goldlong fibonacciretracement retracement impulse forex fibonacciextension

PRICE DUE TO RETRACE AND IMPULSE - ENTRIES WILL BE UPDATED

Comment:

Price currently in Fib Zone (382 - 618) and currently in descending flag/channel pattern. Waiting for impulse leg once the flag is broken

snapshot

Trade closed manually:

broke trend line

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