Gold has breakout its last resistance at 1,833 and made a new resistance zone at 1,870
re-test is confirming as we can see from the Weekly trendline and the daily chart
alternative scenario is going to test the Fibonacci level of 61.8%
entry point at level 1,837 - 1,845
targets:
TP: 1,870 - 1,900 - 1,916
SL: 1,830 - 1, 820
re-test is confirming as we can see from the Weekly trendline and the daily chart
alternative scenario is going to test the Fibonacci level of 61.8%
entry point at level 1,837 - 1,845
targets:
TP: 1,870 - 1,900 - 1,916
SL: 1,830 - 1, 820
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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.
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.