Forex Trading Ideas: GOLD Rallies Up Rapidly!!!

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“Plan The Trade – Trade The Plan!”

The XAU/USD had a bullish ‘Double Bottom Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between 700 hundred and 1500 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 run up 1500 pips. We have strong major support at 1595.00 And resistance at 1635.00.