Spot Gold 4 hourly chart: Bullish Momentum to continue

Spot Gold, current price 50,568, Harmonics pattern ( bottom highlighted) and Fib retractment( 61.8% and further) all pointing towards bounce in short term towards first 50, 935 and then towards 51,529. We can observe a clear a pattern which indicates bullishness to continue.
The above view is for short term and not medium to long term.
The above study is for educational purposes and should not be considered as financial advice.

Trade chiuso: obiettivo raggiunto