✏️Gold has reacted at the Trendline and created another decline to Fibonacci 0.382. Buying power is still strong enough to pull H4 back above 3331. It is difficult to determine the next trend of Gold at the moment. Gold is sideways in a fairly narrow range and waiting for more momentum to confirm the trend. The areas of interest are still the Fibonacci zones that cross each hook to reach the next hook. Note that H4 closes below 3331 to confirm a bearish reversal to 3285.
📉 Key Levels
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📉 Key Levels
- BUY trigger: Price breaks the trendline and Fibonacci at 3345.
- BUY DCA: Breaks 3358 with candle confirmation
- Target 3400
- SELL trigger H4 closes below 3331
- Target 3285
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交易结束：到达止损
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