FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
This analysis is solely based on technical analysis ( Wednesday is going to be a fundamentally packed day for the US). Today, price reversed off a key level to retest the consolidation box, which lines up with our golden zone on the Fibonacci tool. I am waiting for a few more confluences to pass then I will open positions. At this point i am neutral although my confluences have already given me a highly potential direction.

*Disclaimer*
This is not financial advise. Forex trading is a risky business. Trade at your own risk. Please exercise proper Risk Management and be patient.

#TradeLikeMagnatrio
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.