Geopolitical news push price of gold above. As the price overcame level 1980, the following stop for 2001 means (0.618 according to Fibonacci). But in the mid-term plan if to look at MACD of the week schedule exhaustion of the movement is noticeable. Level 2001 for me will be decisive in medium-term time. I expect, a turn from this level.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Note
MACD on weekly chartTrade closed: target reached
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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.