HussnainShah

XAUUSD conflation of ichimoku cloud and fibonacci retracement

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
the 4hr candle bar drop below the ichimoku cloud threshold suggested a significant drop after bullish exhaustion and release of the coronavirus news, a further drop is highlighted by the fibonacci retracement as 1577 support is broken with impending bar consolidation accentuating the drop
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