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algofxpro

GOLD or XAUUSD Just about to a pullback or breakout

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
algofxpro  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Supply and Demand Fibonacci
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supportandresistance supplyanddemand fibonacci
I can see the GOLD or XAUUSD in a major zone (around 1938.00) which is a strong resistance zone that acted as a big reversal movement.

This time I expect the same scenario at least for 50 to 70 pips, but there have a high chance to breakout and go to the next level of Fibonacci, so be alert and trade with your plan and confluences.

Happy trading...!

Thank you.
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