After a nice bull run to the price of 1880 we are now seeing a little retracement.
Using the Fibonacci fan we can see that Gold is neutral, and can go either way, it’s currently hovering right at a turning point line of .25 or about 1854.
From here Gold can either continue its bull run and retest to the price of 1880 or 0 or the price can drop down to .382 or 1840, or .5/1830.
Happy Trading
Using the Fibonacci fan we can see that Gold is neutral, and can go either way, it’s currently hovering right at a turning point line of .25 or about 1854.
From here Gold can either continue its bull run and retest to the price of 1880 or 0 or the price can drop down to .382 or 1840, or .5/1830.
Happy Trading
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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.