Get started
GolfZaTrader

GOLD is forming a compression liquidity

Gold Spot / U.S. Dollar (EIGHTCAP:XAUUSD)  
GolfZaTrader  
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Fibonacci Wedge
2
0
supplyanddemand fibonacci wedgepattern
GOLD/XAU is forming a compression liquidity and a rising wedge. Right now it is approaching a target of 1860 which is a supply zone and a fibo 78.6 extension. Good place to sell as money might flow out of GOLD and move towards BTC. A price target for this GOLD retrace is at 1710 which is a Fibo 61.8 and a demand zone in TF day
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.