? Gold, XAU/USD Analysis & Setups November ’18 ?

Gold (XAU/USD) is testing the 50% Fibonacci retracement level of a wave 4. A bearish bounce could confirm the wave 4 and indicate a bearish breakout as part of a wave 5. A bullish break above the 50% Fib and round level at $1250 however could indicate a bullish break back to the previous top. Check out our education & research page at ECS.

Check out the video for the full analysis and trade plans on November 2018:

• EUR/USD, GBP/USD technical analysis
• Review of patterns, trends, key S&R levels
• Explanation of potential trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

See the video below for all of the details

Good trading,
Chris Svorcik
Elite CurrenSea

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