Get started
marvinlisero93

previous daily highs and lows in conjunction with fibonacci.

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
marvinlisero93  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Beyond Technical Analysis
2
0
chartpattern trendanalysis beyondta
price struck the 1830 resistance area. rejected the zone and started coiling in the opposite direction.. 6th september offered us a narrow range day. drawing fibs on the daily high to the daily low of 6th day.. price opened at the 61.8 fib on 7th Sept and dropped and broke the previous daily low during asian session. a retest occured at london open and gave a clean 50 pip drop.
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.