MountDaba

Breakdown of the path ahead

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
My previous idea showed the TP zone as well as the beginning of the sell Zone.

This idea shows a further breakdown of how i anticipate the movement will be based on fibonacci levels.
Again, the rate of selling might lead to a staring fall instead of the lower lows and lower high patterns shown.
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.