- March 5, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: 0.618 Fibonacci retracement on 4H.
Signal: Bearish as the pattern appears to be repeating the similar January retracement sequence.
Target: 1600 (expected contact with the 4H MA200).
Previous Sell Signal:
Tradingview link:
https://www.tradingview.com/chart/XAUUSD/bwf6OeqF-XAUUSD-Sell-Signal