My idea for gold would see it push for 1351 sitting around the 1.681 Fib Extension. With all of the tension around trade wars and conflict brewing in Syria, it seems that gold is beginning to look like a safe bet. Its been sitting around the 61.8 retracement from the last push and has been rejected. This is just one possible scenario for price action and hopefully helps as a technical analysis aide. Always do your own research. Short I'm looking at a first solid first stop of 1320 or thereabouts.
Kommentera:
*1.618