Raxiyan

XAUUSD 28 May - Last chance for gold

Raxiyan Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
!!! This is not a trading advice plase do your own analysis !!!
1899.0 - 1899.5 becomes a very strong resistance on 4h chart, it is also Fib78 of Jan 6. If gold tries to pass it again and fails, we go straigth to 1876, if cant hold then to 1850.
Trade closed: target reached
Comment:
As dxy fires gold drops to 1882 target reached, buy opened and target reached again at 1998. Now waiting for market to cool off a little
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.