Based on my fib retracement gold went to 2039.7 yesterday which is my gold zone. Now, its trying to break the daily TF trendline and may go further down to 2011 ~ 1991 level. I put entries based on the fib retracement of the previous high and low. Gold starting to go bearish but I could be wrong so trade at your own risk and use small lots.
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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.