So you're missing the wave to trade gold, where should you re entry?
1. Gold / XAUUSD is on its bull trend, with the new swing high (A to B)
2. Because of that, open for long / buy trade is much preferred
3. I use Fibonacci Point A to B 61,8 - 78,6 for the entry
4. Target is on 127 1769 - 1775 and next is 168 1799 - 1805 using Fibonacci point X to A
When will the bull trend reversed?
Trend will reverse if gold moves below point A, which will make new swing low.
I don't want to buy there, where should i buy?
You can buy anywhere but i prefer if the price is already reached 1710 - 1718 around Fibonacci 50.
1. Gold / XAUUSD is on its bull trend, with the new swing high (A to B)
2. Because of that, open for long / buy trade is much preferred
3. I use Fibonacci Point A to B 61,8 - 78,6 for the entry
4. Target is on 127 1769 - 1775 and next is 168 1799 - 1805 using Fibonacci point X to A
When will the bull trend reversed?
Trend will reverse if gold moves below point A, which will make new swing low.
I don't want to buy there, where should i buy?
You can buy anywhere but i prefer if the price is already reached 1710 - 1718 around Fibonacci 50.
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