Gold is moving as I predicted in my last chart. Please see the image below:
Here are some Fib retracements in 1H chart. Overall the technical trend is downward in Gold, however it will do some upward action for short period, especially from 1800-1802 levels to 1827-1830. A long position can be open at that level, with SL at 1793. Breaking 1790 is key for further downward momentum.
Please like and comment if you like the idea.
Here are some Fib retracements in 1H chart. Overall the technical trend is downward in Gold, however it will do some upward action for short period, especially from 1800-1802 levels to 1827-1830. A long position can be open at that level, with SL at 1793. Breaking 1790 is key for further downward momentum.
Please like and comment if you like the idea.