the_pamungkas

xauusd(gold) swing trade plan

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
xauusd swing trade:
buy if the closing price is above the Fibonacci level 23.6% and the target is at the Fibonacci level 61.8% and the stop loss is below the Fibonacci level 0% or it can be made also below the strong support (supply zone)

note: be careful at the Fibonacci level 38.2% or 50% usually the price bounces at that level

GOOD LUCK GUYS!!
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.