Hello Traders!
We've an interesting setup on Gold. XAU/USD has been Bullish since last week, price reached a weekly order block and from this zone we can expect a retracement to at least 50% fib level of the whole impulse. With a confluence of harmonic bat pattern that complete at our day order block, this setup is much probable.
WAIT for confirmation on LTF.
Goodluck!
We've an interesting setup on Gold. XAU/USD has been Bullish since last week, price reached a weekly order block and from this zone we can expect a retracement to at least 50% fib level of the whole impulse. With a confluence of harmonic bat pattern that complete at our day order block, this setup is much probable.
WAIT for confirmation on LTF.
Goodluck!
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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.