Hello fellow traders!
XAUUSD breaks a key level (50% fib level)
Checklist:
โBroke key level
โRSI is in bears possession
โSUPERTREND is in sellers' possession
โFIB is passing 50% possibly going for the 23.6% fib (respecting the 161.80% fib rule)
13,550 Pip Analysis
(Take a look at my recent XAUUSD Analysis for more info on the 161.80% fib retracement rule)
XAUUSD breaks a key level (50% fib level)
Checklist:
โBroke key level
โRSI is in bears possession
โSUPERTREND is in sellers' possession
โFIB is passing 50% possibly going for the 23.6% fib (respecting the 161.80% fib rule)
13,550 Pip Analysis
(Take a look at my recent XAUUSD Analysis for more info on the 161.80% fib retracement rule)
