Gold just retraced to the 0.5 fib level + touched a previous important trend line and reverted right away.
Let wait a little to see if it doesn't retrace back to higher level...but the propability are in favor of an another leg down from the previous down fall.
Target : 1253
Stop loss: 1303
Let wait a little to see if it doesn't retrace back to higher level...but the propability are in favor of an another leg down from the previous down fall.
Target : 1253
Stop loss: 1303
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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.