Rockersgeng

GOLD ANALYSIS 22.02.2024

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Summary of Gold Analysis:

1) The decision is to sell within the plotted box.

2) In this zone, there's confluence with the trendline support turning into resistance.

3) The Awesome Oscillator (AO) has formed a divergence.

4) Within this box, there are Fibonacci levels of 1.236 and 161.80.

2037.50 PO sell limit , 2041.00 SL and TP 2025.00 should be ok

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