A monthly big picture overview for perspective. Arc suggests that gold has entered the waning stage of a continuation cycle. Price is currently retesting the 50 day LSMA which has demonstrated a fairly good ability to reflect support/resistance.
φ Fibonacci Technician
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φ Fibonacci Technician
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.