HI EVERYONE! I HOPE EVERYONE HAD A GREAT WEEKEND AND YOU HAD THE BEST THANKSGIVING WITH YOUR FAMILIES!
WE HAVE BROKE THROUGH SOME RESISTANCE THIS WEEK ON XAUUSD AFTER RETESTING STRONG SUPPORT AT 1275.44 WHICH CORRELATED WITH MY 200 EMA THAT HAS NOW BELLIED UNDER PRICE, INDICATING MORE UP TREND THIS WEEK. I SEE THE NEXT RESISTANCE WILL LAND US AT THE 38.20 FIBBONACCI AS IT HAS ALREADY BEEN TESTED ONCE. IF WE BREAK THROUGHT THAT RESISTANCE WELL BE SEEING GOLD GOING UP TO 1305-1309. ALL DRAWING TOOLS WERE DRAWN ON DAILY AND 4 HOUR CHART. HOPE YOU ALL HAVE A GREAT WEEK AND THE BEST OF LUCK CATCHING THESE PIPS!
THANK YOU !
-SKILFULKNOWLEDGE
WE HAVE BROKE THROUGH SOME RESISTANCE THIS WEEK ON XAUUSD AFTER RETESTING STRONG SUPPORT AT 1275.44 WHICH CORRELATED WITH MY 200 EMA THAT HAS NOW BELLIED UNDER PRICE, INDICATING MORE UP TREND THIS WEEK. I SEE THE NEXT RESISTANCE WILL LAND US AT THE 38.20 FIBBONACCI AS IT HAS ALREADY BEEN TESTED ONCE. IF WE BREAK THROUGHT THAT RESISTANCE WELL BE SEEING GOLD GOING UP TO 1305-1309. ALL DRAWING TOOLS WERE DRAWN ON DAILY AND 4 HOUR CHART. HOPE YOU ALL HAVE A GREAT WEEK AND THE BEST OF LUCK CATCHING THESE PIPS!
THANK YOU !
-SKILFULKNOWLEDGE