Gold retracements. Entry + Exit.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
After yesterday’s successful breakout of the channel gold had rocketed, I added fib levels to my chart as I see this climbing back to 1600.

I’ll be entering at the break of levels and at the rebounds today.

Good luck.


@john_fallon, at the moment I have been trading according to the fib levels buying at the rebound and selling at the break, at the moment I am neutral due to the uncertainty around gold for a long term entry.
Can we ask you for an quick update on your thoughts?
Playing out nicely between the fib levels for scalps and between the ma and bb waiting for a clean break of a fib level to enter king or short
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