Moon_SmartMoney

Gold/ XAUUSD

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Moon_SmartMoney Diupdate   
FXOPEN:XAUUSD   Emas / Dollar A.S.
πŸ”° Pair Name : XAU/USD
πŸ”° Time Frame : 4H/1H
πŸ”° Scale Type : MID Scale
πŸ”° Direction : SELL

In our comprehensive Gold roadmap analysis (refer to the associated post πŸ“ŠπŸ›€οΈ), we have elucidated our fundamental perspective. Currently, our interest in acquiring gold on a significant scale remains subdued βŒπŸ“‰.

From a strictly technical standpoint, notable developments have occurred πŸ“ˆπŸ“Š. The price has surpassed the 100% Fibonacci level, setting the stage for an imminent progression towards the 127% Fibonacci extension level βž‘οΈπŸ“ˆ. It is conceivable that today's price action will involve a retracement to rectify the prevailing imbalance βš–οΈ, subsequently steering the price trajectory downwards towards the 127% extension level, proximately situated around the 1800 area πŸ“‰πŸ’Ό.

πŸ“ˆπŸ” #GoldAnalysis #TechnicalInsights #MarketUpdate πŸ“‰πŸ”₯
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