50% Fib bounce + down trend. Gold is looking bearish short term and we could see price dropping to around the 1680 levels, which aligns with a strong support level and trendline where i will be looking for buys
Note
you could look for re-entries if price goes for the 38.2% again
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.