✏️The accumulation of Gold price in today's trading day from Fibocacci 0.5-0.618 is raising the question of whether the bullish wave structure will continue. Previously a perfect push of Gold price from 3282 to 3406 formed a wave 3 increase, currently the decline in the beginning of the week of Gold is running in the corrective wave of wave 4. 3330 is an important zone in the bullish wave structure, if this zone is broken, the market will end the bullish wave towards ATH.
📉 Key Levels
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📉 Key Levels
- BUY trigger The reaction of the buying candle at 3330
- BUY trigger The confirmation of the candle closing above 3357 (fibonacci 0.618)
- Target 3383 Higher is 3431
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Trade active
price reaction at support zone 3331 has brought profit more than 100 pips at the moment. congrats for following my strategy.Trade closed: target reached
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Join me to get Trading signals, Trading knowledge
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☘️Contact: t.me/VHTTrader
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☘️Contact: t.me/VHTTrader
Related publications
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.