ITCFX

SIMPLIFY STRATEGY FOR XAUUSD

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we can see xauusd was breakout the resistance and came back again to fibo 0.618 and made new higher low
my prediction is bullish
why ?
because xauusd respected the golden area of fibonaci
which mean he will go fly high and making new higher high
comment your perspective below !

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.