Forex Trading Ideas: XAU/USD Rallies Upward!

January 29, 2020

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The XAU/USD had a bullish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between one hundred and eighty five pips and twenty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 50.0% Fibonacci level. Then it crashed down to the 0.00%. We have strong major support at 1538.10 And resistance at 1586.00

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Forex Trading Ideas: XAU/USD Rallies Upward!

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