XAUUSD, My current setup

Retracement at 0.5, so I draw a fibonacci from the high to the low to set profit target. Lines up with resistance, let's see how this setup plays out. I set stop loss below the retracement.

This is just my thoughts on XAUUSD, You should do your own research. Please let me know what you think about this!
FibonacciSupport and ResistanceTrend Lines

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