Gold Spot / U.S. Dollar
Long
Updated

GOLD:BUY From Retest FIBO 61.8% for a new LONG Setup

1661
GOLD: The XAU comes from a long Bearish trend, and started to grow again after the triple Bottom around 1615. From that point, the price started a long bullish impulse with high volatility ( look at the raising Angle of the trend ), and looking at our analysis we think about a new Long setup. We are sure about an imminent retracement but only when the price will reach the resistance area around 1807.960
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