Gold's longterm target is 2300+ Dollar
Hey guys,
as always: everything relevant is attached on the Chart. I'm looking for a possible bottom here to hold my longs mid-long term, as I can see possible signs of a reversal. We bounced off the 70% Fibonacci Retracement at 1750 yesterday, which is likely to be the bottom of wave 2. Anyways I'm not excluding another leg down to 1729 which will be the best possible entry for me. If my count is correct we will see a lot of bulls stepping in within the next trading sessions.
Stay healthy & save
Raffa
as always: everything relevant is attached on the Chart. I'm looking for a possible bottom here to hold my longs mid-long term, as I can see possible signs of a reversal. We bounced off the 70% Fibonacci Retracement at 1750 yesterday, which is likely to be the bottom of wave 2. Anyways I'm not excluding another leg down to 1729 which will be the best possible entry for me. If my count is correct we will see a lot of bulls stepping in within the next trading sessions.
Stay healthy & save
Raffa
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.