Jake-Trades

Gold gearing up to make a move

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hey guys, my previous analysis didn't really go as planned, here my updated view on my favourite commodity.

I am favouring upside movement to the 61.8 and 71 fib levels, then a move to the downside. Here are my take profit's I will be looking at:

TP1: 1266.36
TP2: 1256.21
TP3: 1239.10

Feedback as always, greatly appreciated!
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.