Gold is likely to return to 1,700 after the 23% Fibonacci retracemen, which is an important resistance area.After that, it started moving towards the support area of 1633-1640 which overlaps with Fibo38%.
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.
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.