Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Gold Technical Analysis and Trade Idea

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👉🔍In this video, we closely examine XAUUSD Gold. Recently, Gold has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement.

In the video, I share my insights on price action, market structure, and the trend. Remember, this content is for educational purposes only and not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
Note
👉 In the video, I mentioned that it had pushed up into sell stops. This is incorrect; it has pushed up into buy stops. If it's not a typo, is it a slip-o-the-tongue-o?

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