Gold has reached to major POC and the sellers are trying to defend their positions .
In my point of view it look exhausted and for push to the next level (FIb 0.236) more buyers must joining in.
Now I expect for pull back to Fib 0.328 which is now supported by MA 200 at 1840
Indicators:
POC.
CCI- divergence.
DMI- showing some weakness .
GOOD LUCK !!!
In my point of view it look exhausted and for push to the next level (FIb 0.236) more buyers must joining in.
Now I expect for pull back to Fib 0.328 which is now supported by MA 200 at 1840
Indicators:
POC.
CCI- divergence.
DMI- showing some weakness .
GOOD LUCK !!!