AFCapital21

GOLD 0,618 FIBO SUPPORT

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We've again the same support at 0,618 fibo, and we use twice to watch if the smae number will occur, and yes, 0,18 still support. So the price could test the support and go long, or will just change direction to a long strategy, since MACD is already touching support.

But our position will be:
Waiting for a bigger bullish candle to buy XAUUSD or wait for the support test follow by bullish candles
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.