JM_UNION_FTS

GOLD between these two levels

FX:XAUUSD   Gold Spot / U.S. Dollar
as you can see on the chart we may see gold trade between these levels shown in red box, upper boarder of this box is the 38 fib lvl and previous support turned resistant to the up side, and lower boarder represent cluster support both trend line and fib level ...

as long as we are trading inside red box we may see structures to give us further clues, but best trade is sell the high and buy the low (red box)

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.