Gold To Rally Higher - $1900 in sight!
Gold to hit $1690, retest the 0.786 fib at $1660 and then continue bullish momentum as eqs carry on dropping.
Note
Playing out perfectly at the moment, although the retest wicked to the 0.618 fib line at $1640 which is an area of high interest, unfortunately I didn't add to this position there. We have now just closed the 4H above the 0.786 fib line which will surely give bulls the momentum to retest that high of $1670 and my opinion blast straight through it.Trade active
You're welcome, trading risk free from now.Trade closed: stop reached
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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.