The XAU/USD had a bullish ‘Hidden Divergence Trade Setup’ last week in the Forex Market. Giving Forex traders between one hundred and two hundred and twenty pips. Depending what your entry price was.
However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level. Then it crashed down to the 78.6%. We have strong major support at 1450.70 And resistance at 1481.25.