Hello fellow traders!
XAUUSD reached a key level and tends to respect it making Higher lows
Checklist:
✔FORMED STCUCTURE AT KEY LEVEL
✔RSI AT 50
✔SUPERTREND IS IN SELLERS POSSESION
✔FIB RETRACEMENT HAS SO FAR RESPECTED 161.80%
8,141 Pip Analysis
(Take a look at my recent XAUUSD Analysis for more info on the 161.80% fib retracement)