Magic 61.8%?
Gold reached the 61.8% FIB level and I expect it to go back up from there also based on RSI oversold position.
TP 1 1429.50
TP 2 1458.39
TP 3 1499.91
TP 1 1429.50
TP 2 1458.39
TP 3 1499.91
Trade active
Watch 1150 level closely. If broken, we can expect it go much lower.
Trade active
Perhaps a more likely scenario...
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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.