FxLabsPlus

Trade idea - Gold Range play opportunity

TVC:GOLD   CFD Oro (US$/OZ)
As per the chart, the Fib retracement has fit perfectly in the swing which we have taken and most of the support and resistance levels are respected.
Keeping that in mind, We forecast that $1769 and $1835 are key support and resistance levels respectively.

If any of them breaks, Gold will trade in that direction. We will until then play the trade within the range before the breakout is executed.

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