Hi,
Gold has started to show a bearish price action on the strong area around $1,500
XAU/USD has reached into the pretty strong crossing area which consists of:
1. Parallel channel projection
2. Fibo Golden Ratio 625
3. The round number $1,500
4. Bearish candlestick pattern after the rejection on 4H
5. Different Fibo Extensions
It has some room to go higher but we should get a short-term correction downwards.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
Gold has started to show a bearish price action on the strong area around $1,500
XAU/USD has reached into the pretty strong crossing area which consists of:
1. Parallel channel projection
2. Fibo Golden Ratio 625
3. The round number $1,500
4. Bearish candlestick pattern after the rejection on 4H
5. Different Fibo Extensions
It has some room to go higher but we should get a short-term correction downwards.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.