Gerardo_Trading

Touching FIBONACCI LINE, we hold positions :) / XAUUSD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We continue with the short-term uptrend, we expect the price level to reach the resistance of 1847,433, after that everything points to sales, but we will have to see if it breaks that resistance or not.

Fibonacci's retracement indicates that already reached the point of 1798.137, we can continue with my prediction without any complications. We can keep purchases longer term because it doesn't look like there's a stand again in 1766.00.

Good luck!
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