Long

GOLD:Pullback on Resistance 1730 50% FIBO 50 MA - LONG

Updated

GOLD, as explained yesterday, the price is in the Pullback scenario where the local resistance placed around 1730.00 can be the right one for the price to revert in the direction of the main trend. At this value, as you can see there are the major Fibonacci levels Placed, and also the 50 Moving average can work like an addiction resistance, dynamic, for the price as obstacles to not grow more.

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