Gold (XAUUSD) Commodity 02/07/2021
Technical Analysis :
As you can see, Gold has moved in the ascending channel. After finishing its Bearish Divergence moving, We believe that XAUUSD is accumulating and consolidating on the 61.8% Fibonacci level and get ready to shoot for the defined targets and the targets are defined with Fibonacci projection of the impulsive waves.
As you can see, Gold has moved in the ascending channel. After finishing its Bearish Divergence moving, We believe that XAUUSD is accumulating and consolidating on the 61.8% Fibonacci level and get ready to shoot for the defined targets and the targets are defined with Fibonacci projection of the impulsive waves.
Trade closed: target reached:
2 targets achieved
