Gold - Still Long Upside Potential

Gold failed to consolidate above $1600 as it rebounded from multi day lows below $1600 ultimately failing to consolidate below this level therefore we maintain our long view. We can see Gold reaching multi year highs once gain due the FED emergency rate cut and continued fears and uncertainty surrounding the spread of the coronavirus.
Beyond Technical AnalysisFibonacciGoldLONGSupport and Resistance

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